mrb's blog

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

Keywords: bitcoin finance hardware

...Avalon! They delivered the first Bitcoin ASIC mining device today. And to no less than core Bitcoin developer Jeff Garzik, see his blog: box opening, internals, mining live. Avalon contracted TSMC to make the chips at a 110nm process. The device mines at 66 Ghash/s and draws about 440 Watt, currently generating about $210/day (11 bitcoins/day).

Avalon is a very small scale project run by 2 chinese guys, ngzhang and BitSyncom on the 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 second batch of 500 Avalon units will open tomorrow, at $1500 each.

The story would not be complete if I did not mention the insane ASIC race that was, and still is, going on right now between different efforts, private or commercial, to ship chips in quantity. In addition to Avalon, we have:

  • The ASICMINER group, a private effort, who designed their own chips at 130nm. They received the chips a month ago from their foundry. However they seem to still be testing them and/or assembling PCBs to make fully functional devices. [Edit: on Feb 7, 2013 they had a small batch of boards for the mining machines assembled; and by Feb 14, 2013 they were finally online hashing with this initial small batch at 2 TH/s. They failed to beat Avalon to market by just a few weeks!]
  • ButterFly Labs, who started preselling their devices in June 2012. They are the most ambitious by designing at 65nm. They were the most promising and were supposed to ship in October 2012, but have been delayed by technical issues (I blogged about them). Their current estimate is February 2013.
  • bASIC, who designed at 90nm, and initially planned to ship in November 2012. They claimed to have reached a point where they had one or just a few working prototypes in a lab, but issues cropped up, causing delays, and the project leader eventually admitted being in way over his head, especially due to harsh competition with other vendors, and customers deciding to cancel their bASIC pre-orders. Eventually, bASIC was forced to shut down. Credit card refunds are currently being issued. There is some anxiousness in the community when or if the project will be able to refund all orders.

A few other ASIC projects mentionned their intentions but never concretized: Reclaimer (seemingly abandonned his plans), LargeCoin (no more updates since a while).

With the first ASICs now in the wild, and the Bitcoin exchange rate shooting up (+80% over the last 3 months), it sure is an interesting time in the Bitcoin world...


RaymondgoG wrote: Core Content: Are You Tired of Girls. <a href=></a> Frustrating, isn't it?
Learn how to attract, 'pick up', & seduce any girl using the best approaches in Emotional Seduction produced. Discover The 'Science' of Picking Up Women today and transform your life forever. What exactly are you waiting for? Try the PE Bible Program!
There are many directions that he can go in, when a man wishes to repair his penis size, or even have the ability to get harder. You may be suffering the humiliation like me, but If you wished to increase the size of the manhood you are not alone. Let's face it... Size does matter.
This PE Bible is the latest penis enhancement app. PE Bible is one of the most widely advertised, and best known brand of E-book online. It is an unbelievable herbal formula that's been shown to permanently increase penis size!
Your erections will be rock hard with greater stamina to match! Permanent growth, safe and productive outcomes will increase libido. PE Bible is #1 manual for powerful penis enlargement. Unlike other penis reviews, this program will be rated based on our standardized set of standards: security, efficacy, information, guarantee and effectiveness. You can gain from PE Bible guide below:
How Well PE Bible Works?
PE Bible is really a penis enhancement and penis enlargement formula that is deigned improve and to safely and effectively expand density and the size of your penis with over a 95% achievement rate!
PE Bible does just this. PE Bible pushes on blood . As these chambers stretch, over time, more and more blood is going to be forced into them, which generates substantial growth in both length and density. Over the course of your therapy, your erectile chambers have grown that results in a larger and thicker penis and have stretched.
In addition to gaining size and thickness, erections will be harder and more sustaining.
The Extra Strength Penis Enlargement Formula

No surgery

Clinically Proven Safe and Effective

No Side Effects

Just as Easy as Taking Daily Vitamins

Over 95 percent Success Rate

Confidential and Discreet

Results in as Few as 30-60 Days

Adds 1"-3" Inches

Adds Thickness and Firmness

What You Could Expect
A bigger, firmer and thicker penis.
In the last seven years there have been considerable advances and breakthroughs made in nutriceutrical technology. PE manual being developed and tested these advances so we can deliver our customers safe and effective, natural treatments seek.
Penis Enhancement Solutions Join Collins, for Men has been a Nutriceutical pioneer for the last 8 years and strives to grow and distribute the purest and most effective treatments to our clients.
To expand and enhance the penis of a man safely and effectively without the need for pumps, weights or surgery.
Blood flow naturally raises to the two erectile tissue chambers pushing more blood into the blood cavities which results in longer chambers blood capability producing and developing a longer penis.
PE Bible was formulated by the prestigious and highly honored Dr. Fossel whom holds a PhD from the Harvard and Yale Universities. Dr. Fossel personally ran all research, studies and testing to make PE Bible the most advanced and effective natural penis enhancement formula.
All ingredients included in PE Bible are generating results in no more than 30-60 days and 100% pure! For maximum results take 3 capsules per day better. Suggested time frame for optimum growth is between 6-8 weeks.
Questions & Answers
PE Bible is a 100% secure and natural extra strength penis enlargement formula that can add 1"-3" inches to the length of the manhood whole also adding depth and stability.
Yes, PE Bible has been clinically proven safe and effective with NO SIDE EFFECTS.
12 May 2019 12:02 UTC

iAquaLinkpfv wrote: удалите,пожалуйста! <a href=>.</a> 12 May 2019 13:45 UTC

RbaseoKniz wrote: * Организаций всех сфер деятельности
* Все победители тендеров за все время
* Заказчики тендеров, закупок по 44 и 223 ФЗ
- Авито, youla, и другие сайты объявлений
* Резюме, индивидуальные контакты сотрудников
* Контакты физических лиц
* Контакты директоров
26 May 2019 03:08 UTC

Howardtubom wrote: Hello. In my opinion you are mistaken. I can defend the position. Write to me in PM.

toefl essays gmat problem solving questions examples of 5 paragraph essays gmat essay score <a href=> look at these guys </a>components of business continuity plan google business plans good topics for high school research papers
22 Jun 2019 08:49 UTC

Isaacmiz wrote: This is only of the a- websites in the world. That's a ton of benevolent load that you can watch on a daily basis, which makes you ignore close by caboodle else.

This is one of those websites that barely necessary an introduction, seeing how famous they are and how much gratefulness they got from people until now. draw on themselves the best tube site, and while this unshakable is a large claim.

A point that is both iconic and simple. You get up on become a open cv on top of which you'll find a bunch of thumbnails scattered around. That's easy on the eyes simple, but it gets the province done, and no website needs more than that, now does it.

A forthright, all useful video player. The better is harmonious of the most popular video players in the tube world. It's has a out lilliputian purpose, and it's awful, really.

Now few words approximately the blanket experience. Equable nevertheless this website has no exclusive satisfy, it undisturbed manages to distribute you a spacious experience. For starters, all of the videos in here is untrammelled, the virtuoso is giant, and the tone is great. I must no regrets when I call in this site.
30 Jun 2019 22:53 UTC