What I find odd are the specs...
Generation 2 Chips
As expected, their 2nd generation chips will be created using a 55nm process and utilize the same packaging as their first generation 110nm chips, with small changes to padding but the same communications protocol. Although this constrained their design options, it will enable full backward compatibility with PCBs developed for their first generation chips. The new chips are seeing typical performance of 1 GH/s at 500Mhz, however they’re expected to overclock to 1.5 GH/s per chip at 3W (2 W/GHs). Generation 1 chips were originally clocked at 256Mhz, however they were able to run stable overclocked at 400Mhz. It would be reasonable to expect similar overhead in Generation 2 chips.
BitSyncom expects to receive products in late October or early November and will begin sales when they have inventory in their warehouse. Their fully assembled units are estimated to run at 250 GH/s and will be housed in 2U server racks. Bulk chips sales will also be available and will be offered a discounted rate for customers that were affected by Generation 1 delays.
Specifically:
"The new chips are seeing typical performance of 1 GH/s at 500Mhz[....]"
How is that possible? Did Avalon integrate a second core on their chip?
["...]however they’re expected to overclock to 1.5 GH/s per chip at 3W (2 W/GHs)"
That would be about...240Watts per module....or about 1KW for a 4 module assembly. About twice that of the current generations. (Though admittedly, probably not that bad for 55nm)