SlideShare uma empresa Scribd logo
Butterfly Labs
by Cameron Hejazi
BFL Products
Standalone SHA-256 ASIC miners
SHA-256 ASIC mining chips
Hosted SHA-256 mining
BFL Financials
Private company
#1 hardware supplier for Bitcoin mining
Bitcoin mining has exploded in popularity...
BTC Arms Race
BTC Market Cap
BFL History
Founded in 2011 focused on
semiconductor design
Started making Bitcoin FPGA miners;
success!
Shipped first Bitcoin ASIC miners June
2013
BFL Bleeding Edge

BitSafe
BFL Secret Sauce

Timing
Cost of Mining + Cost of Bitcoin complex
BFL Quirkiness

CEO is a convicted felon!
BFL Competition
Owned Mining: Avalon
Rented Mining: CEX.IO
Wallet: Coinbase, Blockchain.info
BFL Future
Future of Altcoin Economy?
Future of Bitcoin Economy?
Future of Legality?
Despite these challenges, I’m bullish

Mais conteúdo relacionado

Destaque

441 company report
441 company report441 company report
441 company report
Haowei Yu
 
Jhabshoo company pres
Jhabshoo company presJhabshoo company pres
Jhabshoo company pres
Jon Habshoosh
 
Company presentation
Company presentationCompany presentation
Company presentation
Penny Salem
 
Runnable: Discover Everything Through Code
Runnable: Discover Everything Through CodeRunnable: Discover Everything Through Code
Runnable: Discover Everything Through Code
Neil Sood
 
Company presentation
Company presentationCompany presentation
Company presentation
Zijiang Yang
 
Mvp slides
Mvp slidesMvp slides
Mvp slides
Patrick Wilson
 
Company preso shaoqing
Company preso shaoqingCompany preso shaoqing
Company preso shaoqing
Simon Zhu
 
Parrosam Netflix Report
Parrosam Netflix ReportParrosam Netflix Report
Parrosam Netflix Report
parrosam
 
TJ Bearse - Trello
TJ Bearse - TrelloTJ Bearse - Trello
TJ Bearse - Trello
tjbearse
 
Mitwong shapeways
Mitwong shapewaysMitwong shapeways
Mitwong shapeways
minimanmaw
 
Evernote
EvernoteEvernote
Evernote
Renjay Liu
 
Company presentation
Company presentationCompany presentation
Company presentation
arunkuri
 
Company presentation EECS441W14 Bochun Zhang
Company presentation EECS441W14 Bochun ZhangCompany presentation EECS441W14 Bochun Zhang
Company presentation EECS441W14 Bochun Zhang
Bochun Bill Zhang
 
Duolingo (1)
Duolingo (1)Duolingo (1)
Duolingo (1)
Scott Johnson
 
Rdio Company Presentation
Rdio Company PresentationRdio Company Presentation
Rdio Company Presentation
Lulu Tang
 
Mvp feedback (preso #4)
Mvp feedback (preso #4)Mvp feedback (preso #4)
Mvp feedback (preso #4)
Patrick Wilson
 
Snapchat
SnapchatSnapchat
Reddit company overview
Reddit company overviewReddit company overview
Reddit company overview
Adam Oxner
 
Company Report
Company ReportCompany Report
Company Report
TempUserEECS441
 

Destaque (20)

441 company report
441 company report441 company report
441 company report
 
Jhabshoo company pres
Jhabshoo company presJhabshoo company pres
Jhabshoo company pres
 
Company presentation
Company presentationCompany presentation
Company presentation
 
Runnable: Discover Everything Through Code
Runnable: Discover Everything Through CodeRunnable: Discover Everything Through Code
Runnable: Discover Everything Through Code
 
Company presentation
Company presentationCompany presentation
Company presentation
 
Mvp slides
Mvp slidesMvp slides
Mvp slides
 
Slides
SlidesSlides
Slides
 
Company preso shaoqing
Company preso shaoqingCompany preso shaoqing
Company preso shaoqing
 
Parrosam Netflix Report
Parrosam Netflix ReportParrosam Netflix Report
Parrosam Netflix Report
 
TJ Bearse - Trello
TJ Bearse - TrelloTJ Bearse - Trello
TJ Bearse - Trello
 
Mitwong shapeways
Mitwong shapewaysMitwong shapeways
Mitwong shapeways
 
Evernote
EvernoteEvernote
Evernote
 
Company presentation
Company presentationCompany presentation
Company presentation
 
Company presentation EECS441W14 Bochun Zhang
Company presentation EECS441W14 Bochun ZhangCompany presentation EECS441W14 Bochun Zhang
Company presentation EECS441W14 Bochun Zhang
 
Duolingo (1)
Duolingo (1)Duolingo (1)
Duolingo (1)
 
Rdio Company Presentation
Rdio Company PresentationRdio Company Presentation
Rdio Company Presentation
 
Mvp feedback (preso #4)
Mvp feedback (preso #4)Mvp feedback (preso #4)
Mvp feedback (preso #4)
 
Snapchat
SnapchatSnapchat
Snapchat
 
Reddit company overview
Reddit company overviewReddit company overview
Reddit company overview
 
Company Report
Company ReportCompany Report
Company Report
 

Último

A Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's ArchitectureA Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's Architecture
ScyllaDB
 
Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)
Jakub Marek
 
High performance Serverless Java on AWS- GoTo Amsterdam 2024
High performance Serverless Java on AWS- GoTo Amsterdam 2024High performance Serverless Java on AWS- GoTo Amsterdam 2024
High performance Serverless Java on AWS- GoTo Amsterdam 2024
Vadym Kazulkin
 
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-EfficiencyFreshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
ScyllaDB
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Neo4j
 
"Scaling RAG Applications to serve millions of users", Kevin Goedecke
"Scaling RAG Applications to serve millions of users",  Kevin Goedecke"Scaling RAG Applications to serve millions of users",  Kevin Goedecke
"Scaling RAG Applications to serve millions of users", Kevin Goedecke
Fwdays
 
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
Jason Yip
 
JavaLand 2024: Application Development Green Masterplan
JavaLand 2024: Application Development Green MasterplanJavaLand 2024: Application Development Green Masterplan
JavaLand 2024: Application Development Green Masterplan
Miro Wengner
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
Fwdays
 
From Natural Language to Structured Solr Queries using LLMs
From Natural Language to Structured Solr Queries using LLMsFrom Natural Language to Structured Solr Queries using LLMs
From Natural Language to Structured Solr Queries using LLMs
Sease
 
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
DianaGray10
 
Y-Combinator seed pitch deck template PP
Y-Combinator seed pitch deck template PPY-Combinator seed pitch deck template PP
Y-Combinator seed pitch deck template PP
c5vrf27qcz
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
MichaelKnudsen27
 
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptxPRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
christinelarrosa
 
Christine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptxChristine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptx
christinelarrosa
 
Leveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and StandardsLeveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and Standards
Neo4j
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
UiPathCommunity
 
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham HillinQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
LizaNolte
 
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeckPoznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
FilipTomaszewski5
 

Último (20)

A Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's ArchitectureA Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's Architecture
 
Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)
 
High performance Serverless Java on AWS- GoTo Amsterdam 2024
High performance Serverless Java on AWS- GoTo Amsterdam 2024High performance Serverless Java on AWS- GoTo Amsterdam 2024
High performance Serverless Java on AWS- GoTo Amsterdam 2024
 
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-EfficiencyFreshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
 
"Scaling RAG Applications to serve millions of users", Kevin Goedecke
"Scaling RAG Applications to serve millions of users",  Kevin Goedecke"Scaling RAG Applications to serve millions of users",  Kevin Goedecke
"Scaling RAG Applications to serve millions of users", Kevin Goedecke
 
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
 
JavaLand 2024: Application Development Green Masterplan
JavaLand 2024: Application Development Green MasterplanJavaLand 2024: Application Development Green Masterplan
JavaLand 2024: Application Development Green Masterplan
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
 
From Natural Language to Structured Solr Queries using LLMs
From Natural Language to Structured Solr Queries using LLMsFrom Natural Language to Structured Solr Queries using LLMs
From Natural Language to Structured Solr Queries using LLMs
 
Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024Northern Engraving | Nameplate Manufacturing Process - 2024
Northern Engraving | Nameplate Manufacturing Process - 2024
 
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectorsConnector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
Connector Corner: Seamlessly power UiPath Apps, GenAI with prebuilt connectors
 
Y-Combinator seed pitch deck template PP
Y-Combinator seed pitch deck template PPY-Combinator seed pitch deck template PP
Y-Combinator seed pitch deck template PP
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
 
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptxPRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
 
Christine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptxChristine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptx
 
Leveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and StandardsLeveraging the Graph for Clinical Trials and Standards
Leveraging the Graph for Clinical Trials and Standards
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
 
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham HillinQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
 
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeckPoznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
 

Butterfly Labs Analysis