Quote from: Rampion on April 05, 2013, 06:59:57 PM

I guess OP does not even know what ASIC means

Actually I do, but it is the incorrect use of the acronym ASIC that is already being propagated that gets the terminology all backwards. People are calling the new products 'ASIC Miners' because they are mining rigs/devices that use ASICs as opposed to CPU or GPU. but the device themselves should probably have some other name given to them. Kinda like people say 'Mining Rig'... then is your 'Rig a GPU rig or an ASIC rig.

My original post was meant to say that aren't there other ASICs already designed by someone else that can do these same types of computations.

Evidently as I have learned through this thread.... no these ASICs that are being designed by BFL and AVALON are specific to BitCoin... not just AN ASIC that can do the number crunching of things(hashes) like what is used for bitcoins.

Clear as mud?