ASIC Mining Updates: ASICMiner Deploying, Butterfly At CES

ASIC Mining Updates: ASICMiner Deploying, Butterfly At CES

After over three months of delays from all major competitors, it seems as though the race to develop the first ASIC-based Bitcoin mining computer is finally drawing to a close. Less than three weeks ago, Avalon ASIC announced a hard shipping deadline for themselves of January 19, and placed a countdown on their website. On December 28, another....


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ASICMiner Starts Hashing

Today, ASICMiner, one of the three major developers of ASIC (application-specific integrated circuit)-based Bitcoin mining hardware, has announced that they have turned on their chips, and are outputting 1.7 TH/s of hashing power in a testing run. The event makes them the second company after Avalon to have working ASIC hardware, leaving the last remaining competitor, Butterfly Labs, behind. The 1.7 TH/s testing run represents only a small portion of the company's full hashing power. ASICMiner has reported that their full first batch will have over 12 TH/s of hashing power, or slightly....

Inside Butterfly Labs: The ASIC bitcoin mining arms race

CoinDesk's Daniel Cawrey recently visited and toured the facilities at Butterfly Labs, one of the most prominent and written about producers of bitcoin mining technology. In this second part of this series, he reports on the factors involved in the bitcoin mining arms race. Now that Butterfly Labs is shipping ASIC bitcoin miners at a steady pace, their production plus that of Avalon and mining pools like ASICMiner are causing the mining difficulty to go up quite quickly. What this means is that it takes more computational power to complete proof of work algorithms. It means that a race is....

Butterfly Labs' Jalapeno aims to spice up bitcoin mining

The ASIC (application-specific integrated circuit) wars are heating up. Butterfly Labs -- the US-based company that has been promising a low-powered, low-cost ASIC mining rig for months now -- has finally shipped one to a US blogger and bitcoin specialist. David Perry, who owns the technology blog Coding in My Sleep, took delivery of a Jalapeno ASIC mining rig from Butterfly Labs on April 20, and filmed an"un-boxing" video, along with a short review. Perry measured the unit hashing at 5 Ghashes/sec, with an energy consumption rate of 30 watts when working ... which is in line with....

Bitcoin Developer Confirms Butterfly Labs ASIC

Bitcoin developer Luke Dashjr has confirmed that a prototypes Butterfly Labs ASIC is now hashing. The device is still far from full capacity, pushing out only 25 GH/s at a power consumption of 180 watts, but this is nevertheless the first definitive proof that Butterfly Labs is producing a legitimate product, and is not too far from finally releasing its first batch. Butterfly Labs' Josh Zerlan also recently provided updates on the state of Butterfly Labs' production in an IRC channel. The core of the conversation is this: BFL_Josh: Well guys, I had planned on updating everyone with a....

ZeusMiner Expands Partnerships to Include ASICMiner, XBTec and Rockminer

ASICMiner AMHash1 Data Center. ZeusMiner has recently been on a tear through the ASIC manufacturer industry first by striking up a deal with Rockminer and now by adding the respected ASICMiner and XBTec to the fold. ASICMiner is headed up by FriedCat and has brought the industry the first Block Eruptor and the latest the new Prisma. Rockminer and ZeusMiner started it all when Rockminer became the first company to partner with ZeusMiner in order to provide the SHA-256 side of ZeusHash. The partnership makes for a great pair and is the first time that two companies are working together in....