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Topic: Butterfly labs are legit. - page 3. (Read 5732 times)

hero member
Activity: 1078
Merit: 502
August 26, 2012, 02:45:12 PM
#16
So if they flop and cannot produce a similar to advertised unit, then what?

hero member
Activity: 868
Merit: 1002
August 26, 2012, 02:39:42 PM
#15
They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.

BULLSHIT
I guess I see why so many people have you on ignore.

Even extremely conservative estimates based on the pre-order list for SC hardware alone will indicate that "in the millions" is a reasonable floor.
https://bitcointalksearch.org/topic/wait-list-bfl-sc-pre-order-information-monarch-orders-too-89685

hero member
Activity: 1078
Merit: 502
August 26, 2012, 02:21:42 PM
#14
LOL if you order a single ASIC... by the time you get it.. it'll be like mining with a 7770 now, so worth the $130 bucks or whatever it is Tongue
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 26, 2012, 02:20:10 PM
#13
They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.

BULLSHIT
hero member
Activity: 868
Merit: 1002
August 26, 2012, 02:17:27 PM
#12
They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.
newbie
Activity: 11
Merit: 0
August 26, 2012, 02:15:27 PM
#11
They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
hero member
Activity: 868
Merit: 1002
August 26, 2012, 02:10:08 PM
#10
BFL could just start mining with your order, until it's no longer worth it, before shipping.
They could, if they wanted to destroy their business and undermine confidence in the security of the network.

They're smarter than that - they recognized that there's often more money in selling shovels and sieves than there is in panning for gold.
newbie
Activity: 11
Merit: 0
August 26, 2012, 01:57:38 PM
#9
BFL could just start mining with your order, until it's no longer worth it, before shipping.
newbie
Activity: 26
Merit: 0
August 26, 2012, 08:39:21 AM
#8
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!

I think the difficulty is going to raise with the release of these devices, basically making gpu's useless and also making ur investment harder to get back.  I do think you will make ur money back but I do not think it will be as fast as you may think
sr. member
Activity: 476
Merit: 250
Keep it Simple. Every Bit Matters.
August 26, 2012, 05:37:54 AM
#7
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!

So naive, really you think yahoo covered them, on purpose? haha no. They were paid to indirectly by PRWeb.
Take a look again, see at the top where it says PRWeb, next to the date of the article.
That is the author, they are a syndicating press release company that has a connection to all the really big news sites.
Google it and read up on it, but essentially you pay money to submit it to PRWeb (£80/$120 I think), they don't unless you pay them change anything and submit it to sites like yahoo to be seen more publically.

It does not make them trustworthy, their actions (or sometimes inactions) are what counts. Like already stated try look into the forum area custom hardware where their is more than enough information surrounding them both good and bad points of the company.
sr. member
Activity: 280
Merit: 250
August 26, 2012, 05:01:50 AM
#6
... The New York Times helped make the war in Afghanistan happen. This is not of that magnitude, but the point is, it's not because some major source covers a story that it's necessarily true.
newbie
Activity: 1
Merit: 0
member
Activity: 86
Merit: 10
August 26, 2012, 04:48:31 AM
#4
how do you know it will payback ?

I use the bitcoinx.com/profit/ calculator to assess if I would be profitable.

So far I am not buying any hardware cause no cash at hand...
legendary
Activity: 1176
Merit: 1001
newbie
Activity: 15
Merit: 0
August 26, 2012, 04:00:05 AM
#2
Before doing that...read the Mining section of the forum
We don't know when BFL will release their new ASIC, and i think there is a lot of orders so difficulty will skyrocket!

Just my opinion...
sr. member
Activity: 412
Merit: 250
August 26, 2012, 03:32:14 AM
#1
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!
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