17 Jul '13, 12pm

Inside Butterfly Labs: The challenges of producing bitcoin mining hardware

Inside Butterfly Labs: The challenges of producing bitcoin mining hardware

CoinDesk’s Daniel Cawrey recently visited and toured the facilities at Butterfly Labs, one of the most prominent and written about producers of bitcoin mining technology. In this first part of this series, he reports on how they’ve tried to manage customer expectations and why they stay away from mining themselves. “We understand that we didn’t deliver on time, you know? We take responsibility for what we’ve done”. I nod as I’m listening to Jeff Ownby, who is the VP of marketing for Butterfly Labs in the company’s conference room at their headquarters near Kansas City. Indeed, Butterfly Labs admits that they’ve made mistakes in the past, but they want to move forward and I get the sense that they really want to do right by their customers. “Bitcoin has grown from a forum realm to a business realm,” Ownby tells me. “I think we’re past the ‘BFL is a scam’ thing at this point...

Full article: http://www.coindesk.com/inside-butterfly-labs-the-challen...

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