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Title: 2013-02-01 - 23yo releases new chips that 'mine' Bitcoins 50 times faster Post by: Maciek on February 03, 2013, 03:24:16 PM Quote There's an entire industry of Bitcoin miners out there, people that set up specialized computer rigs to run 24 hours a day to mine the digital currency. Thanks to a 23-year-old kid from Brooklyn, this cottage industry is about to change. Yifu Guo, a digital media student on hiatus from NYU-Poly, has released the first batch of ASICs, which are chips custom-built to do one thing: mine Bitcoins. http://www.theverge.com/2013/2/1/3941768/new-chips-mine-bitcoins-50-times-faster |