Bitcoin mining computer setup
COINLAB ANNOUNCES FIRST INCUBATOR COMPANY
ALYDIAN IS FIRST LARGE-SCALE U.S. BITCOIN MINING COMPANY
August 7, 2013, PORTLAND, OR—CoinLab, the first venture-backed Bitcoin company in the U.S., officially launched its newest portfolio company, Alydian. Alydian is the first to deliver turnkey at-scale Bitcoin mining solutions to customers.“We are part of a transformation of Bitcoin mining, ” said Hans Olsen, CEO of Alydian. “Alydian has developed an enterprise-scale Bitcoin mining system over the past year and we are excited to announce our capabilities today. The system, based on our first generation 65 nm custom ASIC technology will enable non-technical customers to participate in terahash and petahash-scale Bitcoin mining without worry or technical expertise. Alydian will begin at-scale operation and hosting in late August.”
Olsen, an industry semiconductor veteran and former CEO of Pixelworks, joins the CoinLab family, led by CEO, Peter Vessenes. The two comprise a team of other accomplished and respected tech start-up experts drawn to CoinLab’s newest venture. Alydian will serve as the first of multiple Bitcoin businesses developed internally at CoinLab.
“I am thrilled to have Hans here leading our newest venture, ” said Peter Vessenes, CEO of CoinLab. “Alydian is unique in the Bitcoin mining industry — it was designed from the beginning to provide turnkey massive scale to customers. We’ve combined proven leadership, visionary strategy and great technologists. It’s going to be a great ride!”
Source: lagunabeachcomputer.com
Well as of now
I've done research, once bitcoins stabilize again(we have to wait a day or two as people just basically ddos'd everything bitcoin they could to make prices stop, sold all of their coins, then stopped the ddos, watched prices crash, and then bought all those bitcoins back and more and got a huge profit per bitcoin.
the reason bitcoins are so difficult to mine are the fact only one is minted every 10 minutes, so to make sure that the blocks aren't being depleted and people aren't taking advantage of the system is to make it more and more difficult to mine as the hashrate increases, this will be a major detriment as soon as the ASIC miners are released
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