The first custom ASIC miner has shipped. A company called AVALON ASIC has successfully created the world's first custom Bitcoin Mining CPU chip. As you can see from the photo above, a significant amount of chips can be installed on a custom circuit board to produce a significant concentration of Bitcoin mining power.
Before you scoff at this as just a waste of time and money, lets present some facts.
At the current market rate of $21.90 / Bitcoin, this hardware generates a whopping $102,000.00 USD of pure cash flow. See spreadsheet below.
Yes, you read that right, $102k. This all comes from an investment of $1299.00 and a lot of courage to invest in an unproven technology.
Before you scoff at this as just a waste of time and money, lets present some facts.
At the current market rate of $21.90 / Bitcoin, this hardware generates a whopping $102,000.00 USD of pure cash flow. See spreadsheet below.
Yes, you read that right, $102k. This all comes from an investment of $1299.00 and a lot of courage to invest in an unproven technology.
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