Update: A new group buy has opened here.

Fantastic news, due to changes of the rules of ASICMiner Group Buy's we no longer need to reach 300 in order to buy the devices, we only need 50!

That means we have reached the minimum order and I am preparing to …

For some time ASICMiner has been promising to sell their ASIC bitcoin mining technology.  Some possible products included the  300 MH/s USB mining dongle announced earlier this week.

Finally today, ASICMiner representative Friedcat has opened an auction thread on the bitcoin community site BitcoinTalk for people to enter bids …

It has been less than a week since user 67117 started bitcoin mining at BTC Guild at 800 GH/s .  It was no surprise when it was later revealed to be ASICMiner bringing their new ASIC bitcoin miners on-line.

What has come as a bit of a surprise (at least …

In a post on BitcoinTalk Friedcat has just confirmed what we have all been suspecting and the 800 GH/s that we first saw a few days ago that has subsequently grown to over 2 TH/s is indeed ASCIMiner starting to deploy their bitcoin ASIC mining farm.

It does …

With the news of Avalon ASIC bitcoin mining devices are finally being delivered and evidence already being seen in the bitcoin difficulty it would be easy to forget that there are other bitcoin ASIC companies that are very close to delivering their own ASIC bitcoin devices.

One of the more …

In an update on ASICMiner's chips posted on BitcoinTalk friedcat reports that "The samples passed all functionality tests. The power consumption is also within the expected range. And as our overclocking tests had shown, they still have a lot of potentials compared to our original spec. This means that the biggest risk of our project is gone and our NRE is a fruitful spend."

While there has been a lot of focus on bitcoin ASIC devices that miners like you and I can buy, it does not mean that they are the only bitcoin ASIC devices that are been worked on.

While Butterfly Labs, Avalon and BTCFPGA have been hard at work trying to be the first to bring an ASIC to your desktop another company has been working on a different business model, and according to today's announcement on BitcoinTalk ASICMiner looks like it may have jumped into first place in the race for bitcoin ASIC devices.