
“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/
Related posts:
November’s Leading Indexes Suggest Expansion in 49 States in First Half of 2013
T-Mobile announces unlimited global data roaming at no extra charge
Is Your Local Police Department Using Pictures of Pregnant Women and Children for Target Practice?
The NSA Actually Intercepted Packages to Put Backdoors in Electronics
Iceland capital controls to be lifted this year
$90 million spent on now-abandoned Maryland Obamacare exchange
Treasury Delays Obamacare Implementation For Businesses Until 2015
Illinois: Unconstitutional No-Taping-Cops Law Will Be Prosecuted on “Case by Case Basis”
Rand Paul: Use Drones To Search Neighboorhoods For Murder Suspects
Cop Violently Slams Handcuffed School Girl Into Concrete; No Drugs Found
California Man Taken Down at Gunpoint for Photographing Airplanes
Erik Voorhees: “Bitcoin is the new Frontier”
Dutch Christian Democrats Push For Ban On Tor Network, Bitcoin
Police Brutally Attack And Release Dog On Unarmed Teenager
UK government publishes 30 tax cheats' photos on Flickr