Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Friedcat, CEO of ASIC Miner, continues to be the most reliable producer of bitcoin mining hardware in the world. He teased about creating a USB-powered miner earlier this year, and has just announced experimental versions of the hardware. Pricing is 1.99 BTC per 300 MH/s, with a minimum order size of 300 devices. At current mining difficulty, this device would return approximately 0.01 BTC per day. Given that most of these will probably not reach retail computers for another month, the return will likely be …

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Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Update: The auction has completed, and the 50 blades sold in a price range of 50-65 BTC each. Following news that ASIC Miner will be more than doubling it’s hashing power to 15 TH/s over the next 7 days, Friedcat announced a second auction of ASIC blades. Like the last set, these will be clocked at 10 GH/s each. Given that the last batch took 4 days to ship from the end of the auction, this is the fastest and most reliable method for buying …

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Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. UPDATE (4/20): The winners have been announced, and paid ฿75-76 each for each of the cards. This netted shareholders an estimated 0.00188 per share. Friedcat has announced this is only the first of a series of auctions so ASIC Miner share holders can expect these special dividends more frequently in the coming weeks. Update 2 (4/27): The second round of auctions just completed. 50 blades were sold in a price range of 50 to 65 BTC each.   ASIC Miner, the first public ASIC mining company, has …

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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 …

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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 …

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