--- So the most recent news seems to be: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence
Some shareholders have asked me how this pertains to BAKEWELL as we mentioned pursuing the purchase of BFL products.
Butterfly Labs has always been an ... interesting ... company to work with, and while they have provided our community of some of the best mining equipment, they are not without downfalls.
I included this provision in the BAKEWELL contract to deal with those downfalls;
*Reserve the option of purchasing equivalent ASIC technology from a BFL competitor should that become a better option for us
With many other competitors in the wings, I am not to worried.
It will be interesting to see how this develops, particularly considering some of our competitors are heavy on the BFL pre-orders.
Depending on how this turns out, and the speed of the other ASIC companies, we may have just gotten some extra gpu time as well...
*popcorn*