Wednesday 8 January 2014

The bleeding edge in Bitcoin-mining hardware comes to CES

The bleeding edge in Bitcoin-mining hardware comes to CES
Jan 7th 2014, 23:17, by Adrianne Jeffries

Bitcoin is intangible money, but that doesn't mean you won't see it at CES, the nation's premier electronics trade show. There's currently an arms race in Bitcoin mining, the intense computing required to generate new units of the increasingly popular virtual currency that approximates cash on the internet. And now the companies that produce high-end equipment for generating Bitcoin are here in Vegas, pitching their wares on the convention floor.
Perhaps the best-known source of high-end mining equipment is Butterfly Labs, which came out with some of the first chips that were custom-built for "mining" Bitcoin. The company has teamed up with BitPay, a payments processor, and BlockChain, which runs a Bitcoin wallet service, to set up a...
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