Butterfly Labs
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Butterfly Labs (2012–2014) was one of the most audacious long con "companies" in Bitcoin history.
They made their living pre-selling Bitcoin mining hardware to unwary community members.
Their favorite object for sale was revolving 'new mining hardware', which were pre-sold every
few months for the years they were in operation. BFL convinced their marks that they could make a
reasonable "ROI" by pre-ordering hardware, that was delivered in some case 12 months late.
More than once the community had to start threads and warn naive buyers from
buying BFL products as they continued to buy units that were merely vapourware,
and were hard pressed to get refunds from PayPal, Credit Cards and rarely if ever if they paid in
BTC or wire transfer, in direct conflict with FTC regulation.
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Used "their" too much. Rather, replace "their" with "BFL Fraudulently"
I was looking around the bfl stuff I used to be on when I was on their side with my April preorder 50GH single - I see those sites, bfl ptz ro and Grnbrgs twitter feed are no longer updated - I think those two jumped ship also! OH MY GOD - According to Jody's BS(log)
https://forums.butterflylabs.com/blogs/bfl_jody/356-tuesday-october-22-2013-shipping-update.htmlI would still be a month out on their paydates before I got my order..AKA...Thanksgiving. Best Move ever (yet still a net loss over holding btc) was to cancel my BFL order ala paypal forced chargeback and to get myself a KNC Mercury, WHICH was 500 dollars less AND delivered YESTERDAY. All and all, in your face BFL, if you got your order that you've been waiting a year for, good for you, but you still screwed up and didn't get an Avalon which you would've had since February, not June, July, August.
You delay customers shipments and then you dont bless them with some money or an extra rig. You should learn from Cointerra, at less they are trying to make it up to their customers. 
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