10,000s of Avalon ASICs Set to Rival ASICMiner in July

May 21, 2013 Posted By Phil. One of the least discussed mining opportunities is Avalon’s ASIC chip bulk sales. ASIC chips are the customized component that performs hashes in bitcoin mining. These are the same ASICs they used to build their first three batches of ASIC miners. Avalon is moving away from the direct to consumer business model, and instead selling their chips directly to distributors. Distributors are buying 282 MH/s ASIC in lots of 10,000′s – 2.82 TH/s per lot – for 780 btc. The large-scale sale of these chips will enable other companies to mass-produce bitcoin miners without having to design the actual ASIC chips themselves. They must then develop and manufacture boards to set the chips in, before shipping them to consumers. - Read more here: http://www.thegenesisblock.com/avalon-bitcoin-mining-asic-chips-to-rival-asicminer