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Author Topic: [2015-10-21] Chinese Miner Releases 14 nm ASIC, Targeting Consumers  (Read 600 times)
LiteCoinGuy (OP)
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October 21, 2015, 02:53:26 PM
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Chinese Miner Releases 14 nm ASIC, Targeting Consumers

One of the lower profile bitcoin mining manufacturers, China-based Bi Wang (BW), has reportedly unveiled a 14 nm ASIC (application specific integrated circuit).

http://www.financemagnates.com/cryptocurrency/innovation/chinese-miner-releases-14-nm-asic-targeting-consumers/

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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October 21, 2015, 03:33:38 PM
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impressive specs, if they are actual, but every time i hear anything about any ASIC chip manufacturer, especially selling to the consumer market, and doing pre-sales at that, I can only think of all the other failures and scams that have come before. I wonder if Fried Cat took his old IPs over to them and is covertly working there now?
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October 21, 2015, 04:09:57 PM
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The catch --> "However, there is a minimum order quantity of 333, bringing the total cost to 289.7 BTC ($68,000)." Add to that the import cost and duty fee's and by the time

you get them, they will be outdated and you will never see a ROI. The pre-order thing will not work, with all the pending court cases going on, where people are still trying to get

refunds from previous orders that got cancelled.

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