Back when I ordered my BFL 25gh/s miner, the ASIC landscape was bumpy and uncertain, with stories of scams and indefinite pre-orders keeping the community on edge about the whole business. My hardware took 6 months to arrive, by which time its potential value had decreased significantly.
Today, Butterfly Labs made this press release:
Butterfly Labs (BF Labs Inc.), the Kansas-based leader in Bitcoin mining technology has announced the mid-December 2013 completion of nearly 45,000 ASIC product order shipments - eliminating what had been a multi-month backlog. Butterfly's 65nm product line is now available on their website for immediate sale and delivery.
Full ReleaseIs Butterfly Labs a safe investment at this point? Will they deliver what they're advertizing on time and in an acceptable fashion?
Butterfly Labs is a very safe investment. They take money up front from customers and then *in my opinion* spend it to develop and ship miners over the next 8-15 months. All R&D, Payroll and operating costs are likely paid out of customer funds. Should make a handsome sum investing in BFL.
Oh wait.... Are you thinking of investing in BFL equipment? That's all on you. My last ASIC was delivered right on time 13 Months after I paid for it. That's right JUST 13 short Months!
*(In Stock shipping immediately means something different to BFL than it does to you)
For around $50 you can release a press release saying the same thing.
