“A bitcoin mining company just sold more than $1,000,000 worth of hardware. ASICMiner is a publicly traded bitcoin company that both operates and sells bitcoin mining hardware. In their latest auction they successfully sold 180 ASIC mining blades for 49.99 bitcoins (BTC) each. Friedcat, the CEO, announced two weeks ago that they would be selling usb-powered mining devices for 1.99 BTC each. There is clearly a lot of demand for bitcoin mining hardware. The question in any gold rush is who will do better: the people mining, or the people selling the shovels? ASICMiner decided they can do both.”
http://www.thegenesisblock.com/the-worlds-first-1-million-bitcoin-mining-auction/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Blackberry CEO: Apple has gone to a “dark place” with pro-privacy stance
UK Terrorism Act Author: It Was Never Meant For Situations Like David Miranda
Bruce Schneier: Economist Detained for Doing Math on an Airplane
8 Great Libertarian Apps That Make Your World Freer & Easier to Navigate
JP Morgan Getting Ready To Settle For $1 Billion For Manipulating Energy Markets?
Inflation at the Currency Level
Rescuing “Hitler”: Obama’s Bailout of Assad
Russia: Syria Jet Carrying Perfectly Legal Radar Parts
Online gambling ban won’t stop online gambling, but will stop growth
Deputies Watch Woman Die In Court, Refused To Give Her Asthma Medicine
Familiar Price Gains, Updated Infrastructure: A Look at the Bitcoin Economy
Perpetual Travel (PT) And Entrepreneurial Anonymity With Steve Michaels
Pot Law Reforms Sweep the Nation
The FBAR Fundraiser and the Penalty Jackpot
Fed Chairman Bernanke Admits the Fed Has No Clue