What should I do with my Butterfly Labs Monarch bitcoin miners?

Unfortunately, there's nothing you can do with your Monarchs aside from using them as very expensive paper weights. You can test your luck and try selling them as vanity/collectible items. read more

Mining Bitcoins is out of the question since the difficulty to hashrate ratio is so high you’ll end up making zero profits unless you have access to free electricity; then you’ll be making approximately $5 per day based on current difficulty and market cap. read more

Soon, Butterfly Labs was arguably the most controversial company in the bitcoin world after Mt. Gox, the bitcoin exchange that filed for bankruptcy. But while Mt. Gox was merely incompetent, Butterfly Labs may have been malicious. read more