Author

Topic: Butterfly Labs Delaying to mine? (Read 628 times)

newbie
Activity: 31
Merit: 0
March 24, 2013, 03:14:57 PM
#6
It would be the greatest scam ever,
1. Use customer money to fund expensive ASIC R&D
2. Finish ASIC use to mine, keep delaying sales wait for everyone to refund,
3. Use mining to pay refunds, profit!

They essentially used customers money as a very cheap pretty much free loan.
hero member
Activity: 490
Merit: 500
March 24, 2013, 03:09:35 PM
#5
I'm in the probably camp, if you look at their Eclipse MC pool you see 1000MH/s spikes around the time they were putting in the new chips in the test unit.
newbie
Activity: 31
Merit: 0
March 24, 2013, 03:04:41 PM
#4
http://launch.avalon-asics.com/
The network should have only increased around 18000 g/hash since they shipped only 300 units. Would they be running a hundreds of units for themselves?
http://bitcoin.sipa.be/
Says the network has almost more then doubled since the new year.
newbie
Activity: 29
Merit: 0
March 24, 2013, 02:58:23 PM
#3
Cause...you know... avalon asics couldn't cause any of that, nope.
newbie
Activity: 13
Merit: 0
March 24, 2013, 02:57:43 PM
#2
I'm not going to speculate as to the recent prices of BTC, but I do know they can't use consumer goods before use, unless they're planning on just mining and cancelling all the orders lol
newbie
Activity: 31
Merit: 0
March 24, 2013, 02:53:49 PM
#1
I was wondering if anyone else was suspecting that Butterfly Labs is mining and delaying customer orders? The massive spike in difficulty is suspicions, and I don't think people would suddenly start buying tons of gpus when asics are supposedly just around the corner. It could be spike in price caused a lot of people to bring their rigs out of retirement, that doesn't seem reasonable since the hashrate is higher then it was it the past. What do you think?
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