Hi Everyone,

Interesting thread. Without making a judgement on asicminer, I wanted to let you know about LargeCoin if you aren't already aware of it. This is a new company I have founded with some computer engineering colleagues (both of whom have worked previously with a major semiconductor firm with a combined 25 years of experience in ASICs). We are not asking for deposits and won't make claims about performance until the chips are baked and tested. However, if you want to sign up for a low volume announcement mailing list, feel free to fill in a form at the following URL:

http://largecoin.com

A few facts about LargeCoin:

1. The founding team have a computer engineering background, with relevant experience in ASIC design and marketing with one of the leading semiconductor companies. The CEO has run two technology companies previous to LargeCoin and has experience raising private equity financing.

2. Our web site is not yet up, so don't bother checking largecoin.com - it's just an Apache default page.


3. The company's R&D is happening in Canada and we will likely remain incorporated in Canada. When the web site is up, we'll provide incorporation details for you to scrutinize if you wish.

4. We're working hard to release a Bitcoin mining appliance as fast as we can. The appliance will be optimized for spatial density and of course the ASIC will provide power efficiency. We are not taking deposits for appliances at this time and don't plan to. We are privately funded and don't expect customers to take on risk.

5. As the computational power of the Bitcoin network increases, we feel it's more important to optimize for spatial density and power efficiency than it is to provide the lowest possible cost per GHash/s. This means our appliances may be more costly on a GHash/s basis than GPUs; however, when you account for power and rackspace they will be substantially less expensive.

6. There is no release date yet - sorry about that. If you sign up for our announcement list, we'll let you know as soon as we have a ship date.

The only thing I wish for is to compress time so that we can get these things out to you all faster. But ASICs take time and there is a lot of uncertainty along the way that could stretch or compress our schedule.