Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Butterfly Labs (BFL) recently announced a new $4,600 bitcoin mining product that operates at 600 GH/s. The new miner is called the Monarch and will be the same form factor as a standard graphics card. Their second generation ASIC chip will use a 28nm process compared to the 65nm of their first generation. Application specific integrated circuits (ASIC) are specialized chips that perform bitcoin mining calculations. ASIC nodes are measured in nanometers (nm) and smaller nodes allow for faster and more power efficient designs. The …
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Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. KnCMiner broke into bitcoin mining by selling FPGA equipment last year. On May 11th they announced two ASIC bitcoin miners: the Jupiter and Saturn miners. KnCMiner announced today that they pre-sold 890 orders of these devices. Both are reported to be built on 28nm processes, several generations ahead of both Avalon and ASICMiner. The smaller process allows for significantly more efficient power efficiency, as well as mining density – allowing users more hashing power in a smaller chip. The specs of their two miners: Jupiter: 350 …
Read More →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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Apr 4, 2013
Posted
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
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