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A Brief Discussion on the Mechanism Design of Bitcoin

The fierce “arms race” of the Bitcoin network has triggered concern over network fairness. At the beginning of Bitcoin’s birth, every individual could mine...

CoinTerra Announces Two Low-Cost Bitcoin ASIC Mining Solutions

The mining company, CoinTerra, announced a reduced pricing opportunity for their second batch of specialized ASIC mining equipment. CoinTerra will price the new TerraMiner...

CoinTerra Announces Partnership with Open-Silicon

On August 5, 2013, CoinTerra, announced its selection of Open-Silicon as their ASIC design and development partner. As a semiconductor engineering company, CoinTerra,seeks Bitcoin...

BTCGuild Starts Selling ASICMiner USBs, Sells Out in 40 Minutes

BTCGuild, currently the second largest mining pool with 17 of the network hashpower, started selling ASICMiner’s USB Block Erupter mining devices, but announced that...

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...

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...

January 2013: Bitcoin News Roundup

January has been an exciting month for Bitcoin. We have seen a number of news articles about Bitcoin from various mainstream media sources, nearly...

Working Avalon ASIC Confirmed, Hashing At 68 GH/s

Photo taken by Jeff GarzikJeff Garzik has just received the first ASIC mining computer to hit the consumer market, and has confirmed on Bitcoin...

Avalon Ships Bitcoin’s First Consumer ASICs

For the past seven months, application-specific integrated circuits (ASICs) have been the central focus of Bitcoin mining development. Ever since Butterfly Labs became the...

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...
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