02 Feb '13, 2pm

BitSynCom LLC Releases World's First Bitcoin ASIC Chips

BitSynCom LLC Releases World's First Bitcoin ASIC Chips

After a year of speculation and rumor, the first application specific integrated circuits (ASICs) dedicated to Bitcoin mining have become a reality. Yifu Guo, 23, is now commercially shipping the fastest dedicated Bitcoin mining hardware in the world. The custom processing hardware dramatically increases the security of the Bitcoin network and professionalizes the Bitcoin mining industry. Yifu’s Las Vegas-based company, BitSynCom LLC, coordinated with partners in mainland China to make their ASIC project a reality. Named the “Avalon ASIC V1,” the mining hardware processes data at a speed of more than 65 gigahashes per second using only 500 watts of electricity. This represents a roughly 50x increase in mining efficiency. There is no central company or server behind Bitcoin, rather it relies on a distributed network (similar to peer-to-peer file sharing). “Bitcoin mining” i...

Full article: http://www.gambling911.com/gambling-news/bitsyncom-llc-re...

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BitSynCom LLC Releases World's First Bitcoin AS...

howtobepopularvideos.com 01 Feb '13, 8pm

New York, NY (PRWEB) February 01, 2013 After a year of speculation and rumor, the first application specific integrated ci...

BitSynCom LLC Releases World's First Bitcoin ASIC Chips: 23-yr old Brooklyn native builds fastest “mining rig” i...

BitSynCom LLC Releases World's First Bitcoin AS...

prweb.com 01 Feb '13, 8pm

BitSynCom LLC Releases World's First Bitcoin ASIC Chips 23-yr old Brooklyn native builds fastest “mining rig” in the world...

Avalon ASIC Bitcoin Miner Batch 2 are now on sale

launch.avalon-asics.com 02 Feb '13, 2pm

Features Elegance and Performance. No Compromise. World First Avalon is the world’s first ASIC-based Bitcoin mining unit. ...

23-year-old releases new chips that 'mine' Bitcoins 50 times faster: There's an entire industry of Bitcoin miner...

23-year-old releases new chips that 'mine' Bitc...

theverge.com 01 Feb '13, 11pm

There's an entire industry of Bitcoin miners out there, people that set up specialized computer rigs to run 24 hours a day...

The Insane Bitcoin ASIC Race — And The Winner is... #bitcoin

The Insane Bitcoin ASIC Race — And The Winner i...

blog.zorinaq.com 04 Feb '13, 12am

Avalon is a very small scale project run by 2 chinese guys, ngzhang and BitSyncom on the bitcointalk.org forums. In the pa...

Avalon ASIC Bitcoin Miner Batch 2 are now on sale

news.ycombinator.com 02 Feb '13, 3pm

It seems strange to even sell these units at all right now. If they really can pay for their (retail!) value within a week...

What is Bitcoin and why is it important?

youtube.com 03 Feb '13, 8pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement What is Bitcoin and ...

Bitcoin Mining Goes Supercharged: A 23 year old...

hardocp.com 02 Feb '13, 4pm

Bitcoin Mining Goes Supercharged A 23 year old Brooklyn man has released chips that mine Bitcoins at an accelerated rate ....

They are real: The Bitcoin Foundation Opens Up Avalons First ASIC #bitcoin

They are real: The Bitcoin Foundation Opens Up ...

bitcoinfoundation.org 01 Feb '13, 1am

They are real: The Bitcoin Foundation Opens Up Avalon’s First ASIC Charlie Shrem Feb 01 2013 As most of the world awoke to...

Bitcoin: The World’s First Cryptographic Commodity

Bitcoin: The World’s First Cryptographic Commodity

theintelhub.com 04 Feb '13, 3am

The key to Bitcoin’s security is the encryption block-chain. Every user that “mines” Bitcoins is really running the networ...

23-year-old speeds up Bitcoin mining 50x

23-year-old speeds up Bitcoin mining 50x

pandodaily.com 01 Feb '13, 10pm

Is college too expensive? Yes. Is college worthless? It depends on who you ask. But Arthur C. Brooks, a contributor to the...

You can

unlocked.footlocker.com 08 Feb '13, 4am

Welcome to the Foot Locker Launch Locator! Your Official Source for information to find the Foot Locker store nearest you ...

Start-up belooft snellere Bitcoin-mining met mo...

tweakers.net 03 Feb '13, 3pm

De firma BitSynCom heeft de Avalon V1 aangekondigd, een modulair systeem waarin asic-processors zijn geplaatst die zijn ge...

A tour of PlanetSolar – the first ever boat to ...

aluxurytravelblog.com 01 Feb '13, 11pm

Some of you may recall me mentioning MS Turanor PlanetSolar last year – a vessel that set sail from the port of Monaco on ...