Announcement of Butterfly Labs 'Monarch' angers existing

21 Bitcoin Computer the new Butterfly Labs Monarch?

submitted by koeppelmann to Bitcoin [link] [comments]

21 Bitcoin Computer the new Butterfly Labs Monarch? /r/Bitcoin

21 Bitcoin Computer the new Butterfly Labs Monarch? /Bitcoin submitted by BitcoinAll to BitcoinAll [link] [comments]

Butterfly Labs Monarch Firmware Source Code? /r/Bitcoin

Butterfly Labs Monarch Firmware Source Code? /Bitcoin submitted by BitcoinAll to BitcoinAll [link] [comments]

Bitcoin: Butterfly Labs Announces New Product "The Monarch"

Bitcoin: Butterfly Labs Announces New Product submitted by ThePanCakeKid95 to Bitcoin [link] [comments]

Butterfly Labs Review

The company Butterfly Labs (BFL), which is epically disgraced in front of customers, opened again and updates its website. They had to shut down as a result of a conflict with the state regulatory body, the FTC. FTC employees launched an investigation at the end of 2014.
Their verdict was that "consumers who have purchased the machines or services from Butterfly Labs and have not received their orders". BFL has long treated clients with promises, and then finally went offline. But here they come back! Their plans have been updated on the company's website: "We are more than ever ready to serve you, our customers. In the future, we will provide good suggestions. However, after three months of closure and strictly limited operations, we must assess the state of all aspects of our business. We ask that You be patient as we need time to restart our operations."
Customers interested in getting ASIC "Monarch" can still hope to get it. You can also apply for a refund. Requests will be processed as received. The company expects the first payments to start in late January or February. In addition, cloud mining contracts are offered to customers with a "big discount".
Also BFL is still trying to develop the BitSafe, a hardware wallet for storing bitcoins. Although, during this time, have already appeared similar projects from competitors and best wallet Ledger.
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Getting rid of ASICC Miners

I acquired 6 Butterfly labs ASICC Miners from a friend of a friend like 4 years ago and I used them for a bit in my college dorm (I didn’t have to pay electric bill so why not) but now they are kind of just a hassle to keep lugging from house to house and internship to internship so I wanted to try to get rid of them but I have no idea the best place to sell them or even an idea of their worth? I know I missed the giant bitcoin mining craze last year but they are beefy miners. I’ve got 4x Butterfly Labs SGL300G 2x Butterfly Labs Monarch
Any ideas as to current worth or even if they can be repurposed? Their ASICC so I’m assuming they can’t be but never know.
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The LIST, programatically curated from the Interwebs just for you! Metro Happenings Thursday April 05 - Sunday April 08

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Monarchs Shipping

Great news! Butterfly Labs is Shipping Monarch Bitcoin Miners
Monarchs run at 700 GH/S with a power efficiency among the best in the industry at 0.70 W/GH. As a reward for our customers’ patience and loyalty, we are adjusting hashing power for existing orders in the queue to $1.97/GH (for 700 GH, effectively $1,379). Shortly before a customer’s order is ready to ship, they will receive details about their individual options.
Those who have closely followed the Monarch development will notice that the 700 GH comes in above the 600 GH performance specification we originally mentioned, but below the 1TH/s level we are aiming to achieve based on the strength of the underlying ASIC chip. While we have achieved much higher speeds on test boards, our engineers are still working toward a board solution that will deliver higher speeds within the power consumption, and the temperature range required.
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How has your Cointerra and/or Butterfly labs experience been?

Hello all,
Been litecoin mining and looking to drop $2800 on a butterfly labs monarch and another $6000 on a cointerra teraminer 4.
I am a bit nervous about dropping the coin on something that ships in february and april respectively to companies that I have never dealt with.
How has everyones' experience been with them?
The monarch, if still profitable at the time, will do bitcoin or an alt coin, but the terraminer should still be bitcoin profitable with that much power in april...if not to the alt coin mines for it too.
Thanks for any feedback you may have!
EDIT: Read the sticky under the FAQ on BFL. Are they still this bad? Ebay is filled with their units so they do ship...but maybe way too late?
submitted by thevape420 to BitcoinMining [link] [comments]

Butterfly Labs Is Soliciting Previous Customers

An apparently contracted sales drone just called me representing Butterfly Labs. (I bought a Jalapeño back in March which shipped last month.) He offered me a 20% discount on any new purchase, and then mentioned the 600 GHs Monarch preorder. He estimated that it would ship "I don't know when." (http://www.butterflylabs.com/monarch/)
Even after waiting 7 months for my rapidly depreciating ASIC miner, I never believed that BFL was intentionally preying on gullible Bitcoin neophytes. After all, the product I received was solid, attractive, and it performed better than advertised. It's legit. But after talking to this sales dude, I have a different opinion. Preording Bitcoin mining hardware is a mistake you only make once. Surely BFL knows this, and yet they are trying to fool me twice. Nice try.
UPDATE: I received the "personalized discount code" e-mail. It expires in one week. Chuckle.
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ELI5: Why getting ANY asics minig rig (even 60ghs) appears to be unprofitable to start right now? Is there ANY way to start mining profitably? [genisisblock image in comment]

I've read a TON about bitcoin and litecoin mining, but I'm still confused on why buying an expensive rig is supposedly unprofitable?
For example, one can buy any number of butterfly labs asics miners doing 60ghs on ebay right now for around $1400. But according to these charts from genisisblock, there is absolutely no way to get ROI with them. Is that really correct?
Does it take into consideration the (purely speculative) potential future rise in price of bitcoins?
Does it assume you are only mining as part of a pool?
What if you bought 5 60ghs machines and mined independently instead of with a pool? Is there any math there that works out to profitability?
Another thing I don't get is the Monarch 600ghs miners shipping in January....
Even if you were to buy one and start mining in January, it appears they would IMMEDIATELY be unprofitable! How can this be?
Lastly, say you had 10-20k cash to start with. Are there ANY machines you could buy right now (think ebay or any company currently shipping) that could get you profitable for even a few months with that kind of cash?
submitted by willpower101 to BitcoinMining [link] [comments]

For Sale: Butterfly Labs Monarch Imperial 1TH + 600GH Aug 17 PRE-ORDER on cryptothrift

For Sale: Butterfly Labs Monarch Imperial 1TH + 600GH Aug 17 PRE-ORDER on cryptothrift for cryptocoins
Tags: #asic, Avalon, BFL, BUTTERFLY LABS, Cointerra, Terrahash
cryptothrift is a Bitcoin, Litecoin and altcoin marketplace and auction site with automated escrow.
submitted by cryptothrift to cryptothrift [link] [comments]

Raising Monarchs - TP Core Sprouts (Plant Milkweed!) Raising Monarchs - Population Status 2019 (Help The Monarch Butterfly) Raising Monarchs - How To Sex The Chrysalis (Help The Monarch Butterfly) Monarch Butterfly - YouTube ☀️Monarch Butterfly ~ In My Backyard

Butterfly Labs has announced a new PCI bitcoin mining card, named Monarch, based on the new 28nm technology. Butterfly Labs claims the Monarch will achieve 600 GH/s and consume 350W. BFL Monarch - 28nm Water Cooled Bitcoin Miner - In Hand - Ready to Ship! by Butterfly Labs. 3.4 out of 5 stars 6 ratings. Currently unavailable. Friends don't let friends buy Butterfly Labs products. Do a Google search for "Federal Trade Commission v. BF Labs Inc" for some revealing information on their business practices. Kansas-based bitcoin mining supply firm Butterfly Labs has announced that deployment of its 28nm Monarch mining ASIC will be delayed roughly four weeks. The most recent setback means those who ordered units, some more than six months ago, will need to wait until April to receive their products. In Stock! Butterfly labs BFL Monarch 700 GHs SHA256 Bitcoin Miner. Final Butterfly labs BFL Monarch 700 GHs Units – Now In Stock, and Ready for Same Day Shipping! Butterfly labs BFL Monarch 700 GHs Performance Specifications: 700 GH/s nominal performance ( + / – 10% ) 490w (0.7w/GH conservative estimate) Connectivity Butterfly Labs promised its technology could mine bitcoins 1,000 times faster. Mining is an essential part of bitcoin. It rewards people for using their own computer power to maintain the network.

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Raising Monarchs - TP Core Sprouts (Plant Milkweed!)

After nine days of behind the scenes changes, the adult monarch butterfly is ready to meet the world! Is it a boy or a girl? We'll show you how to tell the difference! How did the chrysalis from ... Adult Monarch Butterfly Emerges from its Chrysalis - Duration: 4:11. Jefferson Lab 137,575 views. 4:11. Small Garden Design Ideas on a Budget - tips from top garden designers! Adult Monarch Butterfly Emerges from its Chrysalis - Duration: 4:11. Jefferson Lab 140,804 views. 4:11. 7 Clever Barbie Photo Hacks And Backdrops - Duration: 12:26. Monarch Butterfly Metamorphosis time-lapse FYV 1080 HD - Duration: 2:43. FrontYardVideo 7,936,559 views. 2:43. Raising Monarchs - Who Speaks For The Tussock Moth? - Duration: 10:46. Monarch Butterfly lands on a milk thistle plant. I observed a Monarch Butterfly alight on a milk thistle plant ~ which they frequently visit to drink nectar from the flower & lay eggs under the ...

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