Bitcoin miners manufacturer BFL Butterfly Lab got sued! and now KNC Miners same, got sued. That’s the bottom line.
Not sure if this have to do with the fact that Bitcoin price had dropped dramatically from 600 to 500 to 400 now at 300 and based on the trend, up a bit, big down, up a little bit, then big down. No one really know what the price will be.
BFL Butterfly, no news update on the resolution of the problem their customer felt about them. Now KNC Miner in the same shoes as BFL. These are the largest Bitcoin and Scrypt coin hardware manufacturer in the world, and they’re not doing well, on top of that Bitcoin had dropped big time.