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Current ASIC Hardware

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. This is part 3 in a 4 part series discussing the current state of bitcoin mining. What is bitcoin mining? The evolution of mining Current ASIC Hardware Bitcoin mining – public companies This post discusses the current ASIC bitcoin mining hardware options – Avalon, BFL, and ASIC Miner – and evaluates the benefits and risks of each. ASIC development is not easy, and bitcoin has been riddled with companies that have inspired little confidence from their customers. It was pretty clear that the first ASICs …

Apr 4, 2013 Posted by Phillip Archer In Bitcoin 201, Mining, News Tagged Application-specific integrated circuit, ASIC, ASIC Miner, Avalon, BFL, Bitcoin, Butterfly Labs, Exchange rate, Field-programmable gate array, FPGA, Jeff Garzik, UPDATE

The Evolution of Mining

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. This is the second part in a 4 part series discussing the current state of bitcoin mining: What is bitcoin mining? The evolution of mining Current ASIC Hardware Bitcoin mining – public companies There have been four significant phases of mining since Bitcoins inception on January 3rd, 2009: personal computer’s processors (CPU), graphics cards (GPU), programmable cards (FPGA), and ultimately fully customized circuits (ASIC). We’ll discuss these in context of the bitcoin eco-system, and as a preface for our next two sections on ASIC hardware …