Butterfly Labs was basically using the customer paid rigs to mine Bitcoin for themselves before they shipped customers obsolete devices. They only sent me mine after I called my CC company, disputed the charges & reported the non-delivery as fraud...magically, my rig showed up a week later.
> Butterfly Labs was basically using the customer paid rigs to mine Bitcoin for themselves before they shipped customers obsolete devices. They only sent me mine after I called my CC company, disputed the charges & reported the non-delivery as fraud...magically, my rig showed up a week later.
And you don't think Bitmain did the same thing?
Again, I'm not advocating the business models of either corp, and to be honest I think open-hardware is where we should be focusing on our collective attention during this supply chain disruption in order to make some actual progress.
But it's still worth noting that ASIC development was concentrated in Shenzhen with no competitors to speak of prior to Butterfly labs. Still, this is all to say we have don ea poor job despite all the red flags until it all came crashing down and now Mega corps are likely to cash in on this and the infrastructure bill to 're-shore' the same manufacturing they and their predecessors fought like hell to offshore in the 80-90s.
Melting_Harps|4 years ago
And you don't think Bitmain did the same thing?
Again, I'm not advocating the business models of either corp, and to be honest I think open-hardware is where we should be focusing on our collective attention during this supply chain disruption in order to make some actual progress.
But it's still worth noting that ASIC development was concentrated in Shenzhen with no competitors to speak of prior to Butterfly labs. Still, this is all to say we have don ea poor job despite all the red flags until it all came crashing down and now Mega corps are likely to cash in on this and the infrastructure bill to 're-shore' the same manufacturing they and their predecessors fought like hell to offshore in the 80-90s.