A Guide to Bitcoin Mining: Why Someone Bought a $1,500 Bitcoin Miner on eBay for $20,600

A Guide to Bitcoin Mining: Why Someone Bought a $1,500 Bitcoin Miner on eBay for $20,600
The craziest part? This wasn’t an auction for a physical, working, ready-to-ship bitcoin mining machine from Avalon, which claims to be the first to develop turnkey, bitcoin-specific mining computers for sale. For $20,600 (bidding started at a reasonable …
News story posted on 2013-03-22

Avalon Releases New ASIC Miner & Begins Shipping Worldwide through BlockC Partnership

Avalon Releases New ASIC Miner & Begins Shipping Worldwide through BlockC Partnership
“What I can tell you is that Avalon was offered the 14nm Samsung chip many months ago, and they declined,” explained Sean Walsh, Founder of BlockC, in an interview with Bitcoin Magazine. “The 14nm process node is very new, very slow to design …
News story posted on 2015-11-11T06:56:00