Butterfly Labs Liquidates Assets on Craigslist

Butterfly Labs is a very infamous company in the world of Bitcoin and digital currency. Not only because of their Bitcoin ASIC manufacturing, but more notable for their inability to deliver products to customers. Things even took a turn for the worse when BFL announced their new cloud mining contracts just a few weeks ago. And right now, it looks like the company is selling off some of their “leftover” assets on Craigslist.

Android Tablets With BFL Application

The Bitcoin subreddit is filled with all types of people : enthusiasts, crypto anarchists, people who truly despise Bitcoin and everything it stands for; but also a lot of people who can put two and two together. And it is because of those intelligent people we can bring you the news about Butterfly Labs selling off some of their hardware assets on Craigslist.

The assets in question are ASUS 16GB Nexus 7 tablets, which all have the Butterfly Labs application pre-installed on the device. These tablets were sued by Butterfly Labs in order to monitor their Bitcoin ASIC’s while mining, which is a trend we have seen evolve over the past year or so. One of the main benefits of operating this way is that your mining hardware no longer needs to be connected directly to a computer, as all information can be relayed via the tablet.

According to the Craigslist listing, Butterfly Labs is looking to sell off at least 20 ASUS Google Nexus 7 tablets, at the price of US$69 each, which is pretty cheap at this point in time. An additional OTG (On the Go) cable to charge the ASUS tablet with any other device will be provided for an additional cost of US$10. All purchases come with the original instruction manual , warranty and charger cable.

Seller Address Matches Butterfly Labs Address

Just because these tablets are being sold in a large quantity, and come with the Butterfly Labs application pre-installed, doesn’t mean that BFL is actually selling off their assets. However, the seller’s address listed on Craigslist is the exact same address as Butterfly Labs’ Headquarters at 10770 El Monte St,Leawood,Kansas. Not just a mere coincidence if you ask me.

After all, we all know that Butterfly Labs is currently in legal trouble with the court case against them. As the company has to start refunding their customers, they need to secure an additional influx of revenue, and selling off these unused ASUS Nexus 7 tablets might play a factor. Or it might be for a different reason altogether, I’ll leave that to our readers to decide.

BFL Cloud Mining In Jeopardy?

It is a rather strange timing to sell these tablets right now, especially considering how Butterfly Labs has recently announced they would start offering Bitcoin Cloud mining contracts. Unless they are liquidating excess tablets from unused hardware, it does raise a few questions regarding their Bitcoin cloud mining operations.

What are your thoughts on this Craigslist advert? Let us know in the comments below!

Source : http://kansascity.craigslist.org/ele/4885686289.html