Latest ButterflyLabs News

Butterfly Labs Unveils 600 GH/s Bitcoin Miner
Butterfly Labs, makers of specialty Bitcoin-mining machines, just announced the Butterfly Labs Monarch, an insanely powerful new ASIC at CES 2014. This machine can mine at a whopping 600 GH/s while using 350 W of power. Despite it's hefty $ 2196 price …
Read more on CryptoCoinsNews

300 complaints filed with Federal Trade Commission against Butterfly Labs
For more than a year, the Federal Trade Commission (FTC) received hundreds of complaints regarding the peer-to-peer decentralized digital currency bitcoin and one business that dealt with the virtual currency. Perhaps this will be the final instance …
Read more on PFhub

Butterfly Labs Offers Updates on Monarch Miner, Could Be Shipping Soon
The miner comes in the form of a PCI card, and according to information on the Butterfly Labs website, hashes at 600 GH/s whilst consuming 350 watts of power. It is priced at $ 2,196. “I will post another update as soon as I hear back from the testing …
Read more on newsBTC

Latest ASICMiner News

Obama Doesn't Want You to Have A Swiss Bank in Your Wallet
Apple and FBI have squabbled over the information relating to the murder of fourteen US citizens in a terrorist attack in San Bernardino early this year. Just Yesterday, the Justice Department stated that Apple Inc. has used “false” arguments to avoid …

Bitcoin Core Launches Social Media Presence
January 23, 2016 – Bitcoin Core launches Social media accounts as well as a public Slack in an attempt to interface more directly with the community. This follows a controversial hashing algorithm change proposal that could have made bitcoin less …

Latest ButterflyLabs News

'A Strong Stench of Fraud': Butterfly Labs Allegedly Buys
Recently evidence has begun to emerge that ButterFly Labs may have purchased, a website that satirizes Bitcoin, about two months ago. In order to understand why this might be the case, let's take a step back and look at how we got to this …
Read more on CoinReport

Butterfly Labs Faces Class Action Suit Over Pre-Pay Orders
Bitcoin miner maker Butterfly Labs (BFL) is facing a class action suit, brought by customers from across the US. The class action was filed through Wood Law Firm LLC by a group of BFL customers challenging the sales and advertising practices of the …
Read more on CoinDesk

Latest CoinTerra News

BitBeat: BitFury Raises Million in Latest Fundraising Round
There's been a shake-up in the mining industry over the past year, as the costs of the mining arms race, as well as the missteps typical in a nascent industry, have crushed a number of players, like CoinTerra, Aquifer, BitMine and Butterfly Labs. Mr …
Read more on Wall Street Journal (blog)

News & Analysis Bitcoin ASIC in Chips-to-$ Race
CUPERTINO, Calif. – In eight short months, startup CoinTerra designed a 28nm ASIC that pushes the envelope in logic power density and shipped a system using four of them. Its tale is typical of the headlong race to hardware acceleration in the emerging …
Read more on EE Times

Latest CoinTerra News

New KnCMiner Data Center Will Be Up and Running Within Four Weeks
KnCMiner is one of the most prominent companies in the Bitcoin mining scenes, and they have gotten a lot of attention in recent years. Additionally, the company has seen its fair share of success, and KnCMiner data centers have been erected in multiple …

Latest CoinTerra News

Money Isn't Free, but Moving It Is Now Cheaper
One day last year, at the height of the Ukrainian revolution, Mark Howard spotted something interesting on television. In the background, a protester was holding up a poster with an instantly recognizable logo: A “B” with two vertical bars, the symbol …
Read more on Wall Street Journal

Three Leading Bitcoin Mining Companies Are Now Very Optimistic
Since the beginning of 2015, Bitcoin startups have begun to abandon bitcoins due to their highly volatile price. In January this year, Bitcoin mining company CoinTerra was sued for over $ 5 million as it failed to pay its bills when the price of …
Read more on newsBTC

Feds try to force former sketchy Bitcoin mining firm employee to testify
Previously, CoinTerra, Butterfly Labs, and HashFast have also faced similar legal battles. The SEC alleges millions of dollars in possible fraudulent sales by GAW Miners—the case could also expand to criminal charges. Carlos Garza, the brother of Josh …
Read more on Ars Technica

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