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Posts Tagged ‘Avalon’

yifu[1]Avalon Asics CEO Yifu Guo. Photo: Avalon

Inside the Race to Build the World’s Fastest Bitcoin Miner

There’s more than one way to make money from the Bitcoin craze, which has seen the value of the digital currency increase more than six-fold over the past few months. You can do it the old-fashioned way: buying low and sellin...
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BFL Single SC -

Butterfly Labs Ships First Finished ASIC For Review

After nearly six months of delays, Butterfly Labs has finally released a copy of what appears to be the final version of one of their long-awaited ASIC mining products. Similarly to how Avalon first shipped a sample copy of the...
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Avalon ASIC Batch two, Trade-In, Chip Sale

From Avalon newsletter: We are ramping up and the shipping of batch two has indeed begun, albeit not up to speed, we expect this situation to improve in a week or so once the equipment finish installing and the new, additional ...
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BitPay bitcoin rumors

BitPay Processes $5 Million in March, Eclipses Silk Road

A week ago, BitPay CEO Tony Gallippi announced that his payment processing service had set a new record: a transaction volume of $2 million in the first twenty five days of March. Now, however, Gallippi has revealed that the ...
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Yifu Guo with an Avalon ASIC bitcoin miners at BitInstant's offices in New York

Engineering the Bitcoin Gold Rush: An Interview with Yifu Guo, Creator of the First ASIC-Based Miner

A month after it reached a new all-time high, the rollercoaster ride that is bitcoin continues to thrill and confound after a series of events helped propel the virtual currency to stratospheric new heights, more than doubling ...
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