Luke-Jr developer of the popular BFGMiner bitcoin mining software has spent a bit of time at Butterfly Labs headquarters working on driver support for their new ASIC bitcoin mining devices and has released photos today on BitcoinTalk showing us photos of what he says is a prototype Butterfly Labs Little …

After what seems like an eternity of silence the latest update from Butterfly Labs is not good.  BFL_Josh reveals in the update that both the power requirements and hashing rate of the new bitcoin ASIC miners are not what they expected, and not in a good way.

It seems that …

This was covered a few days ago, but with the disruption of a hard fork so fresh in our minds I though it pertinent to bring up again.  Bitcoin developer Jeff Garzik even though it important enough to post to BitcoinTalk to add to a post made earlier this week …

Gavin Andresen bitcoin lead developer, Bitcoin Foundatation member and person behind the closed Bitcoin Faucst has made a post on BitcoinTalk saying "I decided a good use of Bitcoin Faucet funds would be compensating miners who had blocks that were orphaned in last week's Bit Chain Fork."

This is a …

Bitcoin lead developer Gavin Andresen has made a post on BitcoinTalk to bring users attention that the threshold of  blocks that are version 2 and comply with BIP 34 is about to be reached and version 1 blocks could soon be considered invalid and orphaned from the chain.

BIP 34 …

 After last weeks fork the bitcoin development team are taking proactive steps to ensure that the problem will not happen again while still being able to push forward with the 0.8 series of updates and upgrades to the bitcoin system and network and have released their official plan.

What's …

BFL_Jody the customer service representative from Butterfly Labs has made a blog post asking people who have pre-orders with trade-ins to please start sending their FPGA bitcoin miners back to Butterfly Labs for processing adding "With Josh's return today with chips in hand, I feel comfortable with talking about trade-ins …

BFL_Josh and the team over at Butterfly Labs seem to be hard at work, and while they have not made a update post yet they have posted photos of ASIC chips on their PCB Boards.

BFL_Josh has a short but positive update for us today, the chips are at the packers.

According to the post they should be done sometime today or tomorrow before they are shipped back to Butterfly Labs for final assembly.

While the actual post is very light on any information this …

UPDATE: Please read this article.

AUTHORS NOTE: Please read the comments at the end, as of yet no one in the bitcoin community has been able to verify PrimeAsic's devices.

AUTHORS WARNING: It has now been in excess of a week since the PrimeAsic announcement and despite repeated attempts to …