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10,000 Bitcoin Mining ASIC Chips Arrive in Switzerland – 3 TH/s

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Following last week’s report of Avalon ASICs arriving in China, the first European batch of 10,000 Avalon ASICs arrived in Switzerland today. These ASIC chips are customized components used in bitcoin mining, and require being set in PCB boards before they can be used. Each Avalon ASIC chip runs at 282 MH/s standard clock and an estimated 300 MH/s overclock. The chips will now be shipped to customers to be set in PCB boards themselves, or to companies such as Burnin who sets them in …

Jul 24, 2013 Posted by Phillip Archer In Featured, Mining, News Tagged ASIC, Avalon, Bitcoin Mining Dashboard, Burnin, ESD, Germany, MH, PCB, Switzerland Comments 22

TerraHash Delays ASIC Order Processing Amid PayPal Account Freeze

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Last week, TerraHash began accepting pre-orders for ASIC mining gear using Avalon ASIC chips, including complete kits with hashing speeds as high as 180 GH/s. TerraHash provides boards and assembly for Avalon ASIC chips running at 282 MH/s each. Additionally, TerraHash pre-ordered 20,000 chips – over 5.6 TH/s – for resale in their boards. Just one day after opening for orders, PayPal froze their account, presumably due to anti-fraud systems triggered by the influx of funds. As a result, only bitcoin, wire transfers and eventually …

Jun 26, 2013 Posted by Jonathan Stacke In Businesses, Mining, News Tagged ASIC, Bitcoin Mining Dashboard, MH, payment, transaction Comments 3

ASICMiner Lowers USB Miner Price to 0.89 Bitcoins, Early Adoptors Lose Out

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. On May 4th, Friedcat, CEO of ASICMiner, announced the worlds first ASIC USB miner: operating at 300 MH/s for 1.99 BTC. As he refined the hardware, he was able to increase performance to 336 MH/s before shipping in early June. ASICMiner has listened to customer concerns on the forum, requesting smaller minimum order quantities and lower prices. They have lowered the price for each USB miner to 0.89 BTC on cumulative orders over 1,000 (this total includes any previous USB orders), or the option to buy …

Jun 25, 2013 Posted by Phillip Archer In Mining, News Tagged ASIC, ASICMINER, Block Erupter Blades, CEO, friedcat, MH, price, trading, USB Comments 6

10,000s of Avalon ASICs Set to Rival ASICMiner in July

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. One of the least discussed mining opportunities is Avalon’s ASIC chip bulk sales. ASIC chips are the customized component that performs hashes in bitcoin mining. These are the same ASICs they used to build their first three batches of ASIC miners. Avalon is moving away from the direct to consumer business model, and instead selling their chips directly to distributors. Distributors are buying 282 MH/s ASIC in lots of 10,000′s – 2.82 TH/s per lot – for 780 btc. The large-scale sale of these chips will enable …

May 21, 2013 Posted by Phillip Archer In Mining, News Tagged ASIC, Avalon, Bitcoin Mining Dashboard, MH, TH Comments 23

Bitcoin mining – public companies

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Bitcoin mining companies have several advantages over running a mining operation yourself. The most significant one is that you don’t have to worry about setting up and maintaining mining hardware. Many of these companies have built-in plans to increase their speed as the network difficulty rises, reducing the risk of a quickly diminishing payout. Additionally, selling shares is significantly more liquid than selling mining hardware if you decide not to be in the mining business anymore. The counter-point to these advantages is that you will …

Apr 15, 2013 Posted by Phillip Archer In Bitcoin 201, Mining, News Tagged ASIC Miner, Avalon, bASIC Miner, Bitcoin, CEO, Cognitive, GH, GLARI, IPO, market cap, MH, Nasty Mining, Owner Share, TH Comments 6