Apr 22, 2015
US Government Subpoenas Bitcointalk PMs, Affecting 600 Users: http://dlvr.it/9VhtKZ
seen from United States
seen from United States
seen from Argentina
seen from Pakistan
seen from United States
seen from China
seen from United States
seen from United States
seen from Belgium
seen from China
seen from China
seen from United States
seen from United States
seen from Israel
seen from United States
seen from Russia
seen from Canada
seen from Japan
seen from Canada
seen from United States
US Government Subpoenas Bitcointalk PMs, Affecting 600 Users: http://dlvr.it/9VhtKZ
The cost to ship a $50USD bitcoin miner from Butterfly Labs to Australia is $92USD total.
Wow.
New Post has been published on Bitcoin:Views
Bitcoin’s Quick Recovery Prompts Upward Price Trends
16 January 2015 | Aleppo Allesadero | btcfeed.net
Bitcoin prices have been rampant during the past few days. Soaring into the $200+ zones and dipping well below the $180 – prices, investors and traders alike have been taken aback by the erratic price movement.
The prices of Bitcoin fell away during the start of the year. Positive news this year has been a rarity as bflthousands of Bitcoin users saw the price of Bitcoin drop like a stone. Breaking all supports of $200 and under the price went into free fall less than 24 hours digging further and further. However as bad as times may have been the recent price hike upwards has lightened spirits and has brought Bitcoin back into the upward swing. The reasons behind the recent price crash remain largely unknown as there have been a variety of causes pointed out. In our previous article we explored how Butterfly labs attempted to reimburse customers who were left out of pocket due to orders not being shipped out.
READ MORE
New Post has been published on Bitcoin:Views
Butterfly Labs Caused The 2015 Bitcoin Crash
14 January 2015 | BTC FEED | btcfeed.net
Background about BFL
Missouri-based startup Butterfly Labs was shutdown by the FTC back in september. In June of 2012, Butterfly Labs became one of the first companies to announce a breakthrough in mining technology: application-specific integrated circuits, or “ASICs,” designed specifically to mine bitcoin 1,000 times faster. Butterfly Labs promised their customers that preorders would ship as soon as possible. But they soon became evasive, issuing a series of shifting dates. In the end, many customers either received their shipment months later or did not receive it at all. By the time the ASICs were in the customer’s hands their course had run through and they were no longer profitable. In total, more than 20,000 who paid for an ASIC never received their order.
READ MORE
New Post has been published on Bitcoin:Views
Butterfly Labs Resumes Shipping, Sets Timetable for Refunds
8 January 2015 | Nermin Hajdarbegovic | Coindesk.com
Butterfly Labs has resumed shipping its Monarch hardware and issuing bitcoin refunds to select customers.
The embattled bitcoin mining company issued a statement earlier this week via its website and redesigned the platform to offer services to customers whose orders have not been fulfilled.
READ MORE
New Post has been published on Bitcoin:Views
Bitcoin Mining Company Butterfly Labs (BFL) Reopens; Starts Issuing Refunds
7 January 2015 | Caleb Chen | cryptocoinsnews.com
Infamous Bitcoin mining company Butterfly Labs (BFL) has reopened and has an updated website following their tussle with the FTC. The FTC started investigating Butterfly Labs in late 2014 because “consumers who have purchased the machines or services cannot use them to generate Bitcoins because Defendants [Butterfly Labs] never provide them with the machines or services.” BFL would regularly mine on customers’ hardware for days before finally shipping it out.
READ MORE
Butterfly Labs Permitted To Resume Full Operations By Brad Edwards From The CoinFront
The embattled Bitcoin mining company Butterfly Labs will soon resume full operations as it continues its fight with the FTC. Discover more at http://thecoinfront.com/butterfly-labs-permitted-to-resume-full-operations/?TR #Bitcoin, #BitcoinMining, #ButterflyLabs, #CourtBattles, #FTC #Law, #News, #Tech
FTC Granted Approval to Sell Off Butterfly Labs’ Bitcoins
FTC Granted Approval to Sell Off Butterfly Labs’ Bitcoins
The FTC has secured court authority to begin converting Butterfly Labs’ bitcoin holdings into cash reserves.
View On WordPress