Savvy Bitcoin Users Earn Over $8M in 3-Months with Major 536% ROI Upgrade

Bloomfield, CT (PRWEB) October 02, 2014

Bitcoin miners were excited to find a sudden surge in profitability after a major announcement by leading cryptocurrency hardware provider, GAWMiners. The announcement detailed the company’s plans to offer a free path to upgrade its legacy customers to the company’s revolutionary new bitcoin product, Hashlet Prime.

Hashlet Prime stands as the company’s latest flagship product, leading its Hashlet family of bitcoin miners which took the cryptocurrency industry by storm earlier this summer generating over $ 12M in sales within weeks of release. Boasting features such as zero pool fees, upgradeability, access to the most profitable pool in the world, and the ability to mine multiple algorithms, Hashlet Prime is widely considered the most powerful bitcoin mining product in the world.

While Hashlet was in development, undergoing months of R&D, hundreds of GAWMiners’ customers purchased millions of dollars worth of its previous flagship product, The Vaultbreaker which broke records this June when it launched. Since then, Hashlet Prime was announced while Vaultbreaker orders were still being fulfilled, CEO Josh Garza announced that the company would honor all requests to upgrade Vaultbreaker customers to the latest Hashlet Primes, which command over 5x the price pound-for-pound. Instead of having to pay thousands for an upgrade, Vaultbreaker customers were given the choice to do so for free.

“The customers who invested with us early on shouldn’t have to pay the price for us maintaining our trade secrets” explained Garza as he outlined why his company would offer such an enticing deal. “Giving our earliest customers the same opportunities as our customers today should be the bare minimum. That’s why we’re doing this upgrade for free.”

The announcement comes to the relief of many as companies such as KnC and Butterfly Labs have set the tone in the industry for drastically late shipments and stealing customer mining time with their own products. The later has even been shut down by the FTC as it investigates false advertising and fraudulent practices.

The free upgrade announcement, made in the popular bitcoin community, on the other hand was met with great celebration with a post receiving over 1000 responses within hours. GAW’s decision produced $ 8m+ of profit for Vaultbreaker customers who mine cryptocurrencies like bitcoin with GAWMiners.

Garza ended the announcement with a bold statement to the community:

“This is only the beginning. GAWMiners is here to stay. “

Related ButterflyLabs Press Releases

BFGMiner 4.0 and MultiMiner 3.0 Officially Released

BFGMiner 4.0 and MultiMiner 3.0 Officially Released
… the bi-algorithm scrypt/SHA256d DualMiner USB stick, GridSeed scrypt ASIC miners, HashBuster Alpha, Hex•Fury, NanoFury NF2/NF6, and OneStringMiner boards. OpenCL support as well as scrypt support in general have also seen major improvements.
Read more on CryptoCoinsNews

BFGMiner Development Team Releases Version 4.0 of Leading Bitcoin Mining
… ASIC mining hardware: Butterfly Labs's Monarch, BFx2 mining sticks, newer Drillbit miners, the bi-algorithm scrypt/SHA256d DualMiner USB stick, GridSeed scrypt ASIC miners, HashBuster Alpha, Hex•Fury, NanoFury NF2/NF6, and OneStringMiner boards.
Read more on Bitcoin Magazine

Hashfast Baby Jet Unboxing


Just an unboxing of my first Baby Jet from Hashfast.

Getting this up and running was pretty simple, just had to direct a web browser at the IP address of the Raspberry PI to configure it.


Though we’re a young company, our founders go back to the very beginning of the Bitcoin mining revolution. Simon Barber and Eduardo deCastro have a track record of innovation and success that stretches back over a decade. Together, they bring not only expertise in developing new tech, but crucial experience in bringing bleeding-edge technology products to market.

Review: BTCGarden AM-V1 310 gh/s Bitcoin ASIC Miner

Review: BTCGarden AM-V1 310 gh/s Bitcoin ASIC Miner
BTCGarden is a manufacturer that is also using the AM Gen 3 chips. The BTCGarden AM-V1 is a very quiet and cool running miner that runs from an RPI (Raspberry Pi). Like the Rockminer line which also uses the AM Gen 3 chips, the BTCGarden takes a bit …
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Review of the Bitcoin Miner BTCGarden v1 X2
CCN reviewed the BTCGarden AM-V1 310 GH/s Bitcoin ASIC Miner back in August, a dual blade unit. A solid entrant in the SHA-256 miner market that had many upsides like the ability to stack several together. The V1 X2 can run several on one Raspberry Pi …
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Bitcoin ASIC Hosting Strikes Deal With Dell for Data Center Miner Hosting
Dell – Bitcoin Accepted Bitcoin ASIC Hosting based out of Seattle Washington made a key deal with Dell to hosting miners in Quincy WA data center. Dell with it's recent move to accept Bitcoin payments has been opening even more doors to the …
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Working Bitmine CoinCraft Desk 1TH/s Bitcoin miner

This configuration is running stable in our labs at slightly more than 1 TH/s, exactly the promised nominal performances for a 5 modules Desk unit.

The power usage to the wall was 1060W which is already a world-record, but the production units will even be slightly better due to further optimizations done in the meantime.

CoinCraft-based Bitcoin miners are available for sale on our website or through one of our official worldwide distributors.

4 Petahashes of World’s Most Advanced Swiss-made ASIC Bitcoin Mining Hardware Hits the Market

(PRWEB) September 12, 2013

BITMINE AG, a Switzerland-based Bitcoin miners manufacturer already well known for being one of the very few advanced bitcoin-mining hardware manufacturers in the world that actually delivered their units, officially started to collect orders for Bitcoin-mining hardware based on their groundbreaking “CoinCraft” 28-nanometer ASIC design. Since Monday September the 9th at 20:00 when pre-orders officially opened, following a pre-sale promotion in China through Bitmine’s Chinese distributer HXTOP.COM, more than 2.5 PetaHash/s worth of miners and ASIC chip lots have been ordered or reserved to the tune of 15 million US dollars. The CoinCraft miners are available in two major form factors, one called the “CoinCraft Desk” in a desktop case and configurable from 200 to 1000 GH/s at prices ranging from $ 1499 to $ 7099, and the “CoinCraft Rig” in a 19” rack mount case configurable from 500 to 2000 GH/s at prices ranging from $ 4249 to $ 14999.

Both models are based on the CoinCraft A1, the custom ASIC chip developed by Bitmine in co-operation with Innosilicon that is based on Global Foundries’ 28nm HPP process and is designed with a fully custom high speed architecture. Both power efficiency (starting at just 0.35 W/GH/s) and pricing (starting at 4.5 $ /GH) make it the most advanced solution in today’s Bitcoin mining world.

Shipping of the miners is starting from the 10th of December 2013 and all purchases will be covered by Bitmine’s Customer Protection Plan, an agreement under which the customers will get compensated with increased hashing power in case of a short delay, arise, with a complete refund option and a penalty available in case of a more significant delay.

Moreover, Bitmine AG is proud to announce to have formed a strategic partnership alliance with one of the world’s leading mining pools – 50BTC, 50BTC users will enjoy a special advanced pool configuration for their miners, performed directly at Bitmine AG’s assembly plant, and receive a dedicated support and significant discount from 50BTC, as a part of this special arrangement.

Spondoolies-Tech Introduces Bitcoin Industry’s Most Powerful ASIC and Mining Rig

Kiryat Gat, Israel (PRWEB) June 10, 2014

Spondoolies-Tech, maker of superior Bitcoin mining equipment and hosting solutions, introduces the new RockerBox ASIC, which at 0.34 W/GHs leads the industry with the lowest power-to-performance ratio in the market. With power and efficiency never seen before, the RockerBox ASIC will drive Spondoolies-Tech’s second-generation SP30 mining rig, making it the most powerful Bitcoin miner available.

SP30 Yukon: The Most Powerful Bitcoin Miner Available, With 6TH/S of Pure Mining Power

Spondoolies-Tech CEO Guy Corem said: “With a successful tapeout behind us, we can now safely update the SP30 specs and announce that the SP30 will be able to hash at an unparalleled 6 TH/s, with an efficiency of 0.46 W/GH/s. This is a new industry standard never seen before, and the lowest power and price-to-performance ratio in the market.”

The SP30 offers over four times the hashing power of the company’s first-generation SP10, and twice the hash to power ratio. Despite its enhanced capabilities, this model is housed in a slim 2 U case suitable for both home and data center hosting.

Corem added: “Taping out on schedule was the most important milestone to ensure our SP30 mining rigs will be ready for on-time delivery — consistent with our goal of setting the industry standard for quality and customer service. As a result of brisk sales, we quickly sold out the first available batches of SP30s, and we’re now taking orders for deliveries in September.”

Orders for September Delivery Now Accepted

Orders for the SP30 can now be placed for delivery as early as September. These units are currently available for only $ 5,095.00 USD. Payment can be made in Bitcoin, Dollars, or Euro at

Hosting Solutions Available

For customers who don’t want the hassle of managing their Bitcoin mining equipment, Spondoolies-Tech offers affordable hosting solutions. Customers who purchase SP30 can now operate the world’s finest ASIC mining rigs without having to bother with the technical details of maintaining the equipment. For more information, contact sales(at)spondoolies-tech(dot)com.

RockerBox ASIC Technical Specifications

Process Node: 28 nm

Package Type: 19 mm x 19 mm FCBGA

I/O: Serial protocol with clk, datain and dataout

Rated Hash Rate: 200 GH/s per chip, with a wide range of overclock/downclock options

Rated Voltage: 0.7 V, recommended voltage range is 0.63 V – 0.8 V

Power Consumption: 0.34 W/GH/s

SP30 Yukon Technical Specifications

Effective Hash Rate: 6TH/s ± 10%

ASIC: Total 30 Spondoolies-Tech Rocker ASICs

Controller: TI Sitara 1GHz (based on Beagle Bone Black)

Controller Board OS: Linux (embedded)

Mining Software: cgminer with custom plugin

Form Factor: 2 U rack mountable (mounting ears required)

Network: Single 10/100 Ethernet port

Fans: 4 X 80 mm

Power Supply: 2 x 1200 W

Input Rating: 90 – 264 VAC

Nominal Power Consumption: 2500 W

Ambient Operating Temperature: 0 °C to 35 °C

Emissions Compliance: FCC / CE

Safety Certification: CE

About Spondoolies-Tech

Spondoolies-Tech designs and delivers the world’s finest high-performance Bitcoin mining equipment and hosting solutions. Founded in 2013 by a group of Israeli high-tech veterans, Spondoolies-Tech raised over $ 5.5M in funding led by Genesis Partners and BRM. With an engineering team comprising veterans of the semiconductor industry and firms such as Intel, Google and Motorola, the company designs and produces machines from the ground up. Easy to use and simple to set up, these mining rigs are suitable for both private and commercial use. Devoted to creating the world’s best Bitcoin miners, the company has earned a reputation for delivering the highest levels of efficiency and performance, coupled with industry-leading service and support. Online at, Twitter @SpondooliesTech or Facebook

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