Quote from: Freakin on May 27, 2011, 05:13:41 PM

Quote from: ttul on May 27, 2011, 03:19:58 PM

Quote from: JJG on May 27, 2011, 02:36:42 AM

Also, you will not see a bitcoin ASIC. Complex ASICs required highly skilled (read: expensive) engineers and even more expensive processes to put them into place. When there is already a very good solution to the problem (GPUs) and an enormously volatile and unpredictable exchange rate, you're not going to see such an investment. Not to mention that investors in such a project would almost certainly demand immediate cashing out of mining proceeds to pay off their investment, which would put significant downward pressure on the exchange rate. ASIC mining is a pipe dream.

I hate to disappoint you...

Unless you're referring to those had to read your vague half sentence, I don't think you've disappointed anyone.

Are you suggesting that you know of someone putting millions of dollars into developing a custom ASIC for mining?

Sorry for being vague. Yes, it will be announced soon that someone is putting a great deal of capital into custom mining hardware. Getting a few ASICs produced using a shared wafer process is not particularly expensive. This is larger scale.