Bitcoin Mining Company Butterfly Labs Settles Case With ...

ButterflyLabs

News and updates about the bitcoin mining hardware vendor, Butterfly Labs
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Question about Bitcoin mining/Butterfly Labs:

Hi guys, I've been interested in Bitcoin mining for a while and, lately, I've seriously considered purchasing an ASIC Miner from Butterfly Labs. However, they've got another product on their site that allows me to purchase 1GH/s for $10 (up to 100TH/s if I'm a billionaire, which I am... of course) and partake in a shared mining operation. Is this the exact same thing as purchasing my own ASIC Miner and joining a pool?
Thanks for the help, in advance. :)
EDIT: I'm aware that a pool can have much fewer participants than a full-scale contracted server farm. I guess the question I'm really asking is would it be better if I got my own rig and joined a pool of 20-30 people, or do I sign up for this and run the risk of not getting anything back?
submitted by annandvirk to Bitcoin [link] [comments]

Butterfly Labs Announces Bulk ASIC Chip Sales for Bitcoin Mining

Butterfly Labs Announces Bulk ASIC Chip Sales for Bitcoin Mining submitted by Tastyturtle to Bitcoin [link] [comments]

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping submitted by dnivi3 to Bitcoin [link] [comments]

Butterfly Labs Bitcoin ASIC mining device arrives in New Zealand

Butterfly Labs Bitcoin ASIC mining device arrives in New Zealand submitted by MineForeman to Bitcoin [link] [comments]

Bitcoin-mining computer company faces shutdown by US authorities • Federal Trade Commission says Butterfly Labs charged almost $30,000 for machines that were all but useless

Bitcoin-mining computer company faces shutdown by US authorities • Federal Trade Commission says Butterfly Labs charged almost $30,000 for machines that were all but useless submitted by ItsAGreyArea to technology [link] [comments]

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs submitted by mikeytom77 to Bitcoin [link] [comments]

Bitcoin-mining company Butterfly Labs shut down by FTC

Bitcoin-mining company Butterfly Labs shut down by FTC submitted by FreshOutOfGeekistan to Buttcoin [link] [comments]

Butterfly Labs Bitcoin Mining Hardware

Please post reviews, complaints, and suggestions for others based on your experience using butterflylabs in this thread.
Company website: http://www.butterflylabs.com/
Another issue from BFL https://bitcointalk.org/index.php?topic=193064.0;all
submitted by mesamunefire to BetterBitcoinBureau [link] [comments]

Inside Butterfly Labs: The challenges of producing bitcoin mining hardware

Inside Butterfly Labs: The challenges of producing bitcoin mining hardware submitted by SaltyMiso to Bitcoin [link] [comments]

Butterfly labs are back and better than ever! Screw overpriced miners, now you can buy overpriced cloud mining! This is good for bitcoin!

Butterfly labs are back and better than ever! Screw overpriced miners, now you can buy overpriced cloud mining! This is good for bitcoin! submitted by kylesdad72 to Buttcoin [link] [comments]

Bitcoin mining company Butterfly Labs resumes shipping machines after beating FTC complaint

Bitcoin mining company Butterfly Labs resumes shipping machines after beating FTC complaint submitted by knight222 to Bitcoin [link] [comments]

Is Butterfly Labs mining Bitcoins with our pre-orders

I used to mine on Eclipse Mining Consortium a month or so back. At the time the pool which is owned by a director at BFL was running at around 300TH. Now, it has mysteriously gained another 200TH. This is despite my reason for leaving in the first place due to the pool's terrible run of bad luck. There were a couple of posts on the Eclipse forum (that managed to survive the moderator) who said that they were also leaving. Could it be that the bullet run of chips were not so useless after all?
submitted by yorkshireminer to Bitcoin [link] [comments]

Has anyone bought the 1500GH/s bitcoin mining rig from The Butterfly Labs?

Has anyone bought the 1500GH/s bitcoin mining rig from The Butterfly Labs? submitted by kingrat1408 to Bitcoin [link] [comments]

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping submitted by webitube to BitcoinMining [link] [comments]

Leawood Bitcoin mining company faces lawsuit -Butterfly Labs

Leawood Bitcoin mining company faces lawsuit -Butterfly Labs submitted by anthonykantara to Bitcoin [link] [comments]

HELP - 30ghz Butterfly Labs Bitcoin Miner - Can I mine anything else with it

hey guys, back in 2014 i bought a bitcoin miner - butterfly labs 30ghz -i ran it for about a month and made $120 - didnt think it was worth the electricity and stopped ------ kills me every day now --- anyway moving on - this miner isnt really worth mining btc anymore with the difficulty and such -
has anyone had any luck or know about any methods for using the butterfly labs asic miner for mining any other type of currency. Any help on this would be great.
otherwise if someone would like to purchase a piece of bitcoin history - One of the very First Bitcoin Miners - i would sell it for some btc :) As a collectors item or a piece of history on the beginning of this new currency. PM Me - might end up like having one of the first mac's
but yeah at the moment i am looking to mine another currency with it, anyone have any ideas?
any help would be most appreciated
submitted by AnticlimacticZill to Bitcoin [link] [comments]

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping

Feds: Butterfly Labs mined bitcoins on customers’ boxes before shipping submitted by crypto_coiner to CryptoCurrency [link] [comments]

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs submitted by gotamd to btc [link] [comments]

Is Black Arrow the new Butterfly Labs? The New Bitcoin Mining Manufacturer In Problems

Is Black Arrow the new Butterfly Labs? The New Bitcoin Mining Manufacturer In Problems submitted by bit_moon to Bitcoin [link] [comments]

Bitcoin Mining Company Butterfly Labs Settles Case With Federal Trade Commission for $38.6M

Bitcoin Mining Company Butterfly Labs Settles Case With Federal Trade Commission for $38.6M submitted by BitcoinAllBot to BitcoinAll [link] [comments]

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs

FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs submitted by BTCNews to BTCNews [link] [comments]

Bit.Asic - finally received our first Bitcoin Asic Mining Rig from Butterfly Labs

https://bitfunder.com/asset/BIT.ASIC
We are happy to announce that we have finally received our first Bitcoin Asic Mining Rig from Butterfly Labs.
Butterfly Labs Orders: check out the images tab for screen shots and pictures of hardware we have received that are currently in production.
Order # 100049260, pay-dated 4/2/2013, for 1 Butterfly Labs (30 GH/s Bitcoin Miner) (Purchased and Confirmed)
Order # 100031677, pay-dated 4/2/2013, for 1 Butterfly Labs (30 GH/s Bitcoin Miner) (Purchased and Confirmed)
Order # 100067004, pay-dated 6/16/2013, for 1 Butterfly Labs (50 GH/s Bitcoin Miner with 10 GH/s upgrade totaling 60 GH/s) (Purchased and Confirmed)
Order # 100069703, pay-dated 7/1/2013, for 1 Butterfly Labs (50 GH/s Bitcoin Miner with 10 GH/s upgrade totaling 60 GH/s) (Purchased and Confirmed)
KnCMiner Orders:
Order #3246, pay-dated 7/3/2013, for 1 KnCMiner (100 GH/s Mercury Bitcoin Miner) (Purchased and Confirmed)
NEWEST Order #4345, pay-dated 7/23/2013, for 1 KnCMiner (400 GH/s Jupiter Bitcoin Miner) (Purchased and Confirmed)
** Total Hashing Power: 5.5GH/s - Actively Mining
*** Dividends: will be paid every Sunday
About the Issuer:
We are a team of IT professionals & business owners with expertise in the fields of server hardware / infrastructure and web engineering.
Alongside our ongoing mining activities, we recently launched Bit.co.in which offers the crypto-currency community a free address shortener. This is a launch pad for many ideas we have for the developing community.
We are actively involved in the forums.
Bitcoin Talk user profile: coinminers
Butterfly Labs user profile: bit.co.in
Feel free to contact us at:
Email: [email protected]
Facebook: https://www.facebook.com/bitcoinshortener
submitted by nimanator to Bitcoin [link] [comments]

Butterfly Labs bitcoin setup, jalapeño, single Butterfly Labs 5 GH/s ASIC Bitcoin mining rig, the ... ButterflyLabs 60GH/s bitcoin miner How to setup a 60 GH/s Butterfly Labs BFL Single SC ASIC Miner Butterfly Labs 50 Gh/s ASIC Bitcoin Miner SHA-256

Butterfly Labs (BFL) is a company that creates Bitcoin mining hardware. One of the earliest bitcoin mining hardware manufacturers offering ASIC devices, Butterfly Labs have come under fire from bitcoin miners who have had to wait patiently due to lengthy production and delivery delays. The company is headquartered is located in Kansas, United States. The fact that BitMinter has its own mining pool, which is, by the way, one of the oldest that exists today, is what makes this platform so popular and the reason why people opt for using it. Also, there is no doubt that BitMinter is the best cross-platform Bitcoin mining software. Inside Butterfly Labs: The challenges of producing bitcoin mining hardware Bitcoin Posted on November 3, 2018 April 23, 2020 Jack Davidson CoinDesk’s Daniel Cawrey recently visited and toured the facilities at Butterfly Labs, one of the most prominent and written about producers of bitcoin mining technology. Butterfly Labs manufactures a line of high speed encryption processors for use in bitcoin mining, research, telecommunication and security applications. Mining Fees. Designed to motivate the miners, the mining fees will be their chief source of revenue, once the total number of bitcoin (21 million) is mined. Block Rewards. The node that successfully finishes the Proof-of-Work algorithm first is awarded a block reward. At the moment, the reward is 12.5 block, with every 210,000 blocks halving it.

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Butterfly Labs bitcoin setup, jalapeño, single

ButterFly Labs Mining Cards and Bitsafe Hardware Wallet - CES 2014 - Duration: ... My Butterfly Labs Jalapeno 5GH/s bitcoin miner - Duration: 0:15. Fabrizio Monaco 3,557 views. Butterfly Labs Monarch bitcoin miner information on power connections and more. The Butterfly Labs 5 GH/s Jalapeno. This is the small ASIC miner from Butterfly Labs. 188fAnG9xu23z9oUbX6soJzvXZxkXQMCFs CPU mining and Butteryfly Labs (http://www.butterflylabs.com) FPGA single mining cgminer 2.8.3 / Galaxy Nexus / Cyanogenmod 9.1.0. Bitcoin mining mexico butterfly labs 10gh/s - Hackwise - Duration: 9:37. HackWise Recommended for you. 9:37. Update: Butterfly Labs Single SC Bitcoin Mining Hardware Upgrade, Also some Litecoin ...

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