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Butterfly Labs Resuming Operations, Should You Care

8 Jan


It seems that the ASIC mining harwdare manufacturer BFL has resumed operations butt should you care at all about that? Butterfly Labs has outdated Bitcoin mining hardware, so no reason to order the 700 GHS Monarch Bitcoin mining cards or the cloud mining plans at $2.75 per GHS. If you however have ordered any of their mining hardware and/or service before BFL was closed a few months ago you might want to submit a request for a refund. After all there is still some chance that you may at least get your money back, below is a quote of the official information regarding refunds from BFL:

Refund and rebate payments will be processed in the order received (including those on hold during the FTC action). We will resume paying refunds and rebates as soon as we’re operationally ready. We anticipate being able to start paying refunds in bitcoin in January. Because the cost of the Temporary Receivership and our legal defense against the FTC have consumed a substantial portion of our cash reserves, we anticipate being able to resume cash refund and rebate payments in late January or February.

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2 Responses to Butterfly Labs Resuming Operations, Should You Care


January 9th, 2015 at 20:27

Its interesting how they are selling their 10GH/s miner as a historical item:

“Now you can own a part of bitcoin history, the “original bitcoin miner” from Butterfly Labs. These older generation units perform at 10 GH/s or more and will sure look good on your desk and have everyone asking what it is. Already a serious bitcoin miner? Then these make great gifts for friends who have been interested in tinkering with bitcoin mining!”

I thought their original bitcoin miner was the “jalapeño”? And also it should really say original ASIC bitcoin miner.


August 20th, 2017 at 03:59

I am still waiting for my refund. I have been sending emails and have no answer from the Butterfly Labs company. What should I do to have my refund?

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