This thread seems to be rather interesting. Any time there is money to be made, there will be great speculation. The company in question has delivered units as they stated they would. My personal dealings with them has left me to write the following concerning how they handled me as a customer. I know that what I have to say will have very little merit to some of you, but please know, I wrote this because I was treated well by them. The thread starter may have had a bad experience with them or may have ordered himself 20 or more units, who knows. The main point is he has a reason, though I think it may not be to protect people.
On a side note, really consider if they did keep the technology and just mine what that would do. I am sure it was considered by BFL...
They would control most the BTC and in turn less people would have it and less people would use it, it is actually illogical and self defeating. Through selling it they still gain a lot of BTC through payments, as well as standard currency to pay the bills. By the end of the arms race they will probably fare better statistically than if they had kept the technology and mined themselves with it. Like many people are aware the release of this negates a lot of previous tech in mining. Essentially if you do not get some pretty serious power now, you will be unable to keep up with difficulty, there will be a lot of BTC folding back into maintaining speed, and by selling and accepting BTC or currency, it seems most likely they will fair far better.
If BFL was to keep the tech and dominate bit-coining, and no one else could keep up, and what average miners mined was nearly nothing in comparison to BFL, bitcoins would be in serious jeopardy of loss of interest in the system could occur. Through this strategical move by butterfly, the company will still make excellent profits and not destroy the coin in the process. They may make a lower BTC number but a much higher BTC value,
in that they did not destroy the currency to obtain it. I do not work for that company, my location is in Washington, and my personal business is internet game creation. The points and opinions expressed here are my own from my own experiences with BFL. If you get some free time you are welcome to come on my online game and help me alpha phase develop it! I could use some testers.
Admin death /
[email protected] / My website is :
http://www.terrasilenti.com/ (That site's hosting location is my home, validating my location as Washington state) Not BFL HQ lol.
Here is my BFL summary from how customer service treated me Playing by the rules, doing the right thing is of the utmost importance. This often times causes situations that are much harder to deal with or endure, as well more expensive. Understanding that when we buy from a company we advocate for them, through the purchase from them, we as consumers empower them to grow and proceed. It is critical that we ensure the company is something we wish to support. Though we many not always be able to do this, nor is it always possible to gain the required information, we should still try. As Americans we really need to, especially now after all we have learned from history, investigate who it is we purchase from.
Purchasing from companies that harm our workers, only harm ourselves. Supporting Wal*Mart and thousands of unhappy people working at those locations, while destroying our own economy and infrastructure is irrational. Dealing with major banks that have bad histories is another bad idea, and supporting any structure of power that does not value humanity at it's core is something I can not and will not do.
The importance is people realizing that business is to support people, and that it in it's self is a fabrication in reality and has no feelings, if it's interest is not to support people than surely it will only harm society as a whole so a few can become super inflated. I am not so disassociated with reality to think that those who have worked so hard as to earn a sweet spot do not deserve it, no sir. Merely stating that in the game of chess, both kings present are very honorable, and every piece was willing to protect them at all cost. Few companies carry compassion, honor and dignity within their model. The standards displayed by the staff at Butterfly Labs Inc, is exemplary of how a true business treats people. This (King) in modern society equates to an honorable business, whom one would want to empower and support, and thus purchase from.
I can now explain better what has happened. I contacted BFL and (assumed) competition companies, I constructed e-mails to each, much like what BFL received from me. I picked a horrible overrun time when not only is product supply low but customer service staff would be having the most difficult time dealing with unruly customers. I picked an ambitious easily discarded set of criteria to contact about and let the pieces fall where they may. Here is how it played out, and why BFL gained so much clout.
No company replied to me except BFL, not one. Granted there are only a few that can be contacted in this case. The few are very commonly known and are not easily mistaken, and the names will remain obscured for ONLY the sake that everyone makes mistakes. The information given was legitimate and NOT FABRICATED, the texts generated were by my own person.
BFL not only assisted me with finding what I was looking for, but went above and beyond the call of duty! The staff seemed happy and willing to help me, even when they really had no such obligation to such a situation I presented them with. It is in my personal opinion and within my observational reason to say that Butterfly Labs is not only a company that does care about it's customers, but one that cares about it's employees as well.
This information has been sent to the BBB © 2012 BBB of Alaska, Oregon & Western Washington (In the form of business compliment)
http://alaskaoregonwesternwashington.bbb.org/ If at any time BFL would like to use my information gained in correspondence with me they are allowed to do so as they see fit.
If this article is to be disputed, I will send an entire e-mail based transaction log to a forum administrator only, whom many personally observe the conversations and appraise them. They will be capable of then ratifying my claims or disputing them, but I will ask that my personal information within them is not shared. An admin may contact me for this.