Butterfly Labs Asset Seizure Spurs On Mining Industry Competition

By October 10, 2014Bitcoin Business

BFL Cover Image Amid the FTC injunction of Butterfly Labs additional insight was gleaned about the operations of the company. Butterfly Labs (BFL) sells high-performance computers that are designed solely for mining Bitcoin. BFL operated primarily on a pre-order basis that meant customers knew they would be ordering a product that would not be ready for some time–but customers were not forewarned of the wait time which according to the FTC would include “delays […]

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