Wow the pricing sucks but 200MH/W on sASIC. I would have though sASIC would be more like in the 60-80 MH/W range. That likely means a custom ASIC could be in the 500 MH/W range. 28nm could maybe break the 1 GH/W barrier. 
Yeah the NRE means it won't happen anytime soon but it is pretty nice to consider the future security of Bitcoin.
Higher capital cost and lower energy cost is better security for Bitcoin (simple version is attack doesn't attack long and defends must defend forever so lower capital cost and higher energy cost like say CPU is cheaper for attackers).
Yeah the NRE means it won't happen anytime soon but it is pretty nice to consider the future security of Bitcoin.Higher capital cost and lower energy cost is better security for Bitcoin (simple version is attack doesn't attack long and defends must defend forever so lower capital cost and higher energy cost like say CPU is cheaper for attackers).
As I think I said earlier, your mom probably doesn't have a Bitcoin ASIC in her basement computer. This means botnets can't harvest nearly as much horsepower as will be available when ASIC computation is ubiquitous in the Bitcoin network. Just as FPGAs are rapidly growing in prevalence and replacing GPUs, ASICs will eventually replace FPGAs. LargeCoin's goal is stay on top of the ASIC trend and profit over the long run as Bitcoin comes into widespread use.
Bitcoin has been through more hard knocks than most well funded startups could possibly handle, and is still going strong. I don't see a reason why it won't be around in 10 years time, and by then many orders of magnitude larger and more interesting.