Avalon K1 USB Bitcoin Miner to Rival ASICMiner

Jul 25, 2013 Posted By Phillip Archer | Thegenesisblock.com

Considering a bitcoin mining hardware purchase? Make a more informed decision with TGB’s Bitcoin Mining Dashboard.

As Avalon ASIC chips enter the market, ASICMiner’s hold over the USB bitcoin miner market is about to be threatened. In April, Avalon announced they would sell bulk orders of ASIC bitcoin mining chips. These chips run at 282 MH/s each, or 300-450 MH/s overclocked. Each chip must be set in a PCB board in order to be used, which inspired several open source projects to design mining boards. As we reported yesterday, the first of these ASICs started arriving, and offer competitive pricing at about 0.1 BTC each.

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