After what seems like an eternity of silence the latest update from Butterfly Labs is not good. BFL_Josh reveals in the update that both the power requirements and hashing rate of the new bitcoin ASIC miners are not what they expected, and not in a good way.

It seems that they may ship the bitcoin ASIC miner with either decreased hash rate or increased power requirement. In the post Butterfly Labs may release a revised bitcoin ASIC miner some time in the future that meets the original specifications at a later date.

It seems that the bounty of 1000 BTC that Butterfly Labs offered to donate to charity if they miss their power requirements is going to have to be paid.

More details are appearing in the ButterflyLabs forum Shout Box, I will try to update the information here as it becomes available.

No mention of a shipping date yet.

Below is the full update from BFL_Josh.