Flight of the Butterfly | Plan B 3

Flight of the Butterfly | Plan B 3

Butterfly Labs has shipped the first batch of their ASIC miners. David Perry joins us to chat about his 5GH/s Bitcoin miner, his experiences mining over the past week, and what he believes is Bitcoin’s image problem.

Plus: Have we reached a turning point for Bitcoin Mt Gox DDoSing? Bitcoin’s moment on the Colbert Report, the downside to Litecoin, your emails, and much more!

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I am sorry to announce that due to circumstances outside of our control BitFloor must cease all trading operations indefinitely. Unfortunately, our US bank account is scheduled to be closed and we can no longer provide the same level of USD deposits and withdrawals as we have in the past. As such, I have made the decision to halt operations and return all funds.

Leave it to Stephen Colbert to cut through the chatter about bitcoins with his own brand of high-octane, self-interested analysis. In a segment about bitcoin trading that aired last week on The Colbert Report, Colbert posed: “If you don’t know what Bitcoin is — want to buy some bitcoins?”

The next chapter of the story, he believes, will be the entry of a host of \”Smart money\” venture capitalists looking to build the currency\’s infrastructure.

Unlike past DDoS attacks, something very interesting happened yesterday: nothing. Trades trickled through and prices barely moved, remaining in a tight band for hours. The implications of that could be tremendously positive.

The day has arrived, the Butterfly Labs forum Latest Update reads \”Jalapeños are making their way to their new homes. http://ow.ly/i/1WUo4″.

While there is no mention yet of numbers that have been shipped or when the other Butterfly Labs devices like the BitForce Single or Little Single will be shipping this will be welcome news to bitcoin miners everywhere.

Monday 4/22 shipped 4 Jalapenos. 1 Customer and 3 developer units.

Tuesday 4/23 3 more to ship today to customers.

As we get ramped up here I won\’t be telling you how many we ship each day–just what day the orders were made that we are shipping. Right now I just want you to know the magnitude of the number of units so you can see we are not blowing these products out the door in great numbers. That will come later.

David Perry Gets a BFL Jalapeno, shares his Unboxing and Demo

BFL was kind enough to send me a pre-release demo unit so I could show everyone the awesomeness.

No matter what your personal politics say about Mr. Bernanke up there, you\’ve got to admit he looks pretty professional. Now what does the average mental image of a Bitcoiner look like?

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