04 Feb '13, 12am

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

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

Avalon is a very small scale project run by 2 chinese guys, ngzhang and BitSyncom on the bitcointalk.org forums. In the past year, they have successfully designed and sold FPGA mining units. But their next step to increase power efficiency —developing a custom chip, or ASIC— required a much larger budget. So months ago they went to the whiteboard and announced to the community : "we can make a batch of 300 units with these performance and power characteristics, at this price point, do you want to pre-order in order to fund us?" And they pre-sold all 300 units at a price of $1300 each, which was sufficient to cover the NRE costs of developing at 110nm ($200-300k). After months of developement, BitSyncom personally shipped the first units rolling out of the assembly line to Jeff Garzik and to the Bitcoin Foundation, to establish further credibility for their project. A secon...

Full article: http://blog.zorinaq.com/?e=70&buffer_share=f3ec4

Tweets

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. ...

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...

BitSynCom LLC Releases World's First Bitcoin ASIC Chips

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

gambling911.com 02 Feb '13, 2pm

After a year of speculation and rumor, the first application specific integrated circuits (ASICs) dedicated to Bitcoin min...

The Ghosts of Bitcoin's Past #bitcoin

The Ghosts of Bitcoin's Past #bitcoin

thebitcointrader.com 03 Feb '13, 7pm

As Bitcoin makes the transition from awkward caterpillar to beautiful butterfly, I believe it's important that we take a m...

Order Dominos with bitcoins (US only) #bitcoin

Order Dominos with bitcoins (US only) #bitcoin

pizzaforcoins.com 04 Feb '13, 8pm

We are a new website devoted to your hunger needs...but only if you're in the mood for pizza :). Going back to the infamou...

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...

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...

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...

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 Ends January Up 51%, Largest Monthly In...

bitcoinmoney.com 06 Feb '13, 3pm

Mining results will vary based on the Bitcoin mining difficulty , with automatic periodic adjustments that re-calibrate pr...

Working Avalon ASIC Confirmed, Hashing At 68 GH/s #bitcoin

Working Avalon ASIC Confirmed, Hashing At 68 GH...

bitcoinmagazine.com 31 Jan '13, 12am

Now, only several minutes ago, Garzik followed up with a message on Bitcoin IRC announcing the news that Bitcoin enthusias...

Government Ban On Bitcoin Would Fail Miserably

http://www.forbes.com/sites/jonmatonis/2013/01/28/government-ban-on-bitcoin-would-fail-miserably/ In a blog post last week...

Y relacionado con lo anterior: contratos Bitcoi...

en.bitcoin.it 04 Feb '13, 10am

The oracle accepts a measurement request. The request contains the user-provided expression, a copy of the output script, ...

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...