Best ASIC devices for Bitcoin mining in 2018 - Butterfly Labs

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.
submitted by Atterpac to Bitcoin [link] [comments]

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.
submitted by DoctorDbx to Buttcoin [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.
submitted by asciimo to Bitcoin [link] [comments]

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]

Butterfly Labs Monarch 3.5 hrs in... ButterflyLabs - YouTube

Let's just say there's a bit a controversy surrounding a little company called Butterfly Labs. Release delays and lack of communication make for a Butterfly Labs hat eine neue PCI-Bitcoin-Mining-Karte namens Monarch angekündigt, die auf der neuen 28nm-Technologie basiert. Butterfly Labs behauptet, dass der Monarch 600 GH / s erreichen und 350W verbrauchen wird. Die Freilassung hat Kontroverse mit Kunden, die noch warten auf die Lieferung ihrer langjährigen 65nm-basierte Produkte. Der Monarch wurde optimiert, um zu arbeiten, wenn er an ... Butterfly Labs released new test data for the 28nm chips slated for their upcoming Monarch and Imperial Monarch miners. The results are highly encouraging, hitting a benchmark of .27W/GH at 400 GH/s, At higher voltages, the Monarch is testing at .55W/GH at 1 TH/s. According to the BL forum post, this next-generation machine will result in a massive boost in real-world mining power. Bitcoin mining has pushed the cost of some of the critical hardware components, like graphics cards, through the roof. This has made it all the more important to carefully calculate whether your rig will be turning profit any time soon, especially for new miners. Lack of experience and planning can put a stop to your mining operation before it even starts. To find additional information on ... Butterfly Labs. Home; Animals; Cars; Celebs; Games; Health; House; Lifestyle; Sport; Style; Tech; Home Bitcoin Best ASIC devices for Bitcoin mining in 2018. Bitcoin ; Best ASIC devices for Bitcoin mining in 2018. By. knjazmilos - September 30, 2018. Recently, Bitcoin mining has been trending as one of the profitable venture that anyone can invest on today. For more information on how to start ...

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Butterfly Labs Monarch 3.5 hrs in...

Butterfly Labs Monarch 3.5 hrs in... HBPowerwall. Loading... Unsubscribe from HBPowerwall? ... Bitcoin mining mexico butterfly labs 10gh/s - Hackwise - Duration: 9:37. HackWise Recommended for you ... Butterfly Labs Monarch bitcoin miner information on power connections and more. ButterflyLabs uploaded and posted 5 years ago Most bitcoin miners make a lot of noise. The Monarch whispers along at ... My Butterfly Labs Jalapeno 5GH/s bitcoin miner - Duration: 0:15. Fabrizio Monaco 3,557 views. 0:15. Ubiquiti Access Points Explained - Duration: 19:23. Crosstalk Solutions Recommended for you. 19 ... Butterfly Labs Monarch bitcoin miner information on power connections and more. ButterflyLabs uploaded and posted 5 years ago Most bitcoin miners make a lot of noise. The Monarch whispers along at ...

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