Bitcoin Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 1 down vote favorite 1 I've had some discussions with my colleagues at CU Boulder and we might be interested in developing an open sourced ASIC for Bitcoin mining.If I was to start a Kickstarter project, then who would support it and for how much?Edit: My goal is to answer two questions: I'm betting this question will answer two specific questions.First, why the ASIC open sourced project failed and second further explain the ASIC miner design process.There is currently a low level of understanding in the Bitcoin community about ASIC mining clients outside that they are orders of magnitude faster than GPUS.asic mining-hardware closed as not constructive by eMansipater, cdecker, Stéphane Gimenez, David Ogren, Colin Dean As it currently stands, this question is not a good fit for our Q&A format.

We expect answers to be supported by facts, references, or expertise, but this question will likely solicit debate, arguments, polling, or extended discussion.If you feel that this question can be improved and possibly reopened, visit the help center for guidance.If this question can be reworded to fit the rules in the help center, please edit the question.raspberry pi bitcoin projectBrowse other questions tagged asic mining-hardware or ask your own question.bitcoin bullionAbout this project Santa Maria, CA Gadgets 36 Many people who use bitcoin would like to support the network by running a full node, but don't want to burden their home computer and deal with the power costs and noise.The raspnode is a plug-n-play bitcoin full node the size of a mouse that runs without any noise and only costs a penny or two a day for power.bitcoin go bust

The raspnode allows anyone to run a bitcoin full node 24/7.Bitcoin has been growing steadily., Expedia, TigerDirect, Dish Network, Dell, etc... accepting bitcoin more and more people have started to see the benefits of this new currency and usage has surged.bitcoin asrockHowever while usage is growing, the number of bitcoin full nodes has been steadily declining.deutsches bitcoin portalGetting as many people as possible to run a bitcoin full node will reverse this trend and strengthen the network.The raspnode can be used as a bitcoin wallet, a developer node for either mainnet or testnet, or simply to support the network.ethereum price march 2016FUNDSMost of the kickstarter funds will go to the hardware.cnbc bitcoin 100

Some will go to web hosting fees, packaging and shipping the raspnodes, and my time to put some finishing touches to truly make the device plug-n-play, such as writing a few custom scripts.THE DEVICE The raspnode is a Raspberry Pi 2 micro computer running Raspbian (Debian Wheezy) with bitcoin core installed and some custom scripts.bitcoin club nigeriaIt also uses an external USB flash drive to store the blockchain (a distributed ledger) which can be upgraded when more storage space becomes necessary.bitcoin ja oder neinA 64GB drive should last over a year and a 128GB drive much longer.Each raspnode comes with a randomly generated unique login password for high security (you can change it if desired) and the bitcoinrpc password will also be a randomly generated unique passphrase (which you can also change if desired).The raspnodes will be made from an existing image, but if yours includes wallet functionality, each wallet.dat file will be deleted and so regenerated with unique private keys before shipping.

However, it would be good practice to delete the wallet.dat file once you get the raspnode before running it, just to ensure uniqueness of private keys and no possibility of the keys existing elsewhere.SETUP CHOICESFor networking, the choices are: Ethernet (if plugging directly into your router) DEFAULT Wifi (if you want to store your raspnode away from your router) For bitcoin core, the choices are: Wallet and GUI (if you want to use the core wallet with the graphical interface) DEFAULT Wallet and No GUI (if you plan on scripting your own software to control bitcoind) No Wallet and No GUI (if you plan on plugging it in and walking away, for the sole purpose of supporting the network) WEBSITEFor more information or for detailed Do-It-Yourself steps for those who wish to hack it themselves, visit the raspnode website: /diy.html Risks and challenges There are four main tasks left.The first is writing some bash scripts and using cron or something to monitor bitcoin core and memory usage to ensure bitcoin core starts up again smoothly if it crashes for any reason, and to gracefully shut it down and restart it before it ends up in a state where it could crash.

The second is even simpler, using an init or rc script to have bitcoin automatically start on boot.The third is to write some simple scripts to handle shutdown and other tasks.The fourth is to write detailed instructions and plan packaging.I've spent years dealing with Linux servers for massive distributed systems in data centers and building programs.The monitoring and scripting needed here are very simple, it's just a matter of putting in some time and doing plenty of testing on the finished product.Learn about accountability on Kickstarter Questions about this project?Check out the FAQ Report this project to KickstarterUpdate:  The Kickstarter failed, but the creators of this rig have offered to do individual, custom orders.They can be contacted via the Kickstarter page, which is linked to in the article.Bitcoin cloud mining is a juggernaut, even while Bitcoin’s future is being held in the air by attempts at Bitcoin regulation and slowing adoption.At the same time, thanks to Scrypt ASICs, among other things, altcoin mining has begun to grow in a way that seems to be keeping pace, or even surpassing, Bitcoin mining.

This is especially true when you compare the profitability of SHA-256 mining vs Scrypt mining.That being said, the ASIC takeover has opened up opportunities for using GPUs to profit from the other algorithms, such as the X algorithm family, which was started by Darkcoin and X11, or even using Scrypt ASIC boards in a custom box.The Digital Gold Rush Is On…In case you aren’t tired of the comparisons between the California Gold Rush of 1849, and the mainstreaming of Bitcoin and other cryptocurrencies in 2014, allow me to throw another one at you.It’s long been said that it wasn’t the miners who got rich back then, it was the guys selling the picks and shovels.With that in mind, I bring you the Sluice Box, a stackable home scrypt mining rig.At first glance it resembles an ambitious Erector set with some computer fans attached, and that’s essentially what it is, albeit one made with aircraft grade aluminum.Available now on Kickstarter you can get one of these American-made kits for a mere $99 for the starter model, called the Mini, which can handle 3 GPUs.

An additional $50 on your pledge (what they call the “Wind Tunnel Edition”) will add four 140mm fans to your mini.The next tier is what they call their “Original Miner’s Edition” that can handle six video cards at once and will run you $169.If you want fans, however, tack on an additional $50 for another four 140mm fans.Or for $500 you can get two SLUICE_PRO frames with 8 fans.Any option you choose comes with a 1 year warranty, a booklet on how to begin mining cryptocurrency, and full access to their web forums for support.The Sluice_Box was designed by Robert Murray Jr, an IT worker who wasn’t happy with any of the existing aluminum mining rigs currently on sale.He could have gone with a standard milk crate, but he wanted something with a little more class than that, so he decided to build his own.After seeing how well it turned out, he partnered with his father, Robert Sr., another engineer who had more experience with machine work, and friend Robert Aguilar to mass-produce and market the rigs.