Considering what has been presented at the summit and comments posted by readers, I found the following information interesting to share: "Global Bitcoin mining equipment company KnC Miner is currently in full progress setting up a 10 MW datacenter in The Node Pole region, near the Arctic Circle in Sweden. The operations are to be run from Boden – a town in close vicinity to Facebook's European datacenter - in a facility previously used as a helicopter hangar for the Swedish armed forces. The datacenter is to be used for cloud services and for hosting of specialized Bitcoin mining hardware to a global client-base (source Global Security Mag)"
As one of the reader commented, Bitcoin entered an amazing race of computing-power but as well very challenging situation for all designers, from ASIC/Processors to board power designers, without mentioning the high expertize required to cool those massive computing machines! Powering, energy efficiently, such multi-computers on-chip is a real challenge as such but; considering time-to-market business critical, board power designers have no room for complexity. Here comes "digital power" which in few clicks is able to manage complex power schemes, optimizing energy utilization, lowering ripple and fully under control. In that respect, powering "Bitcoin" processor with digital POL is boosting that technology, proving that it is possible to shorten Time-To-Market while highly, and energy efficiently performing!
Who would have thought that the internet would have anything in common with mining at this point in time....it seems the ponzi scheme keeps reinventing itsle ffo rnew generations and new technologies...this is just the last iteration but ti will keep being there as long as people's aspirations can be used to sell them on goods they don't necessarily need.
"The ASIC guys will do well while the people putting money in Bitcoin will wake up one day and it is all gone."
Maybe. And then again, maybe not. Also it would be good to keep in mind that Bitcoin is much more than just a new asset class/commodity for speculation. It offers promise as a new alternative global currency and/or virtually "frictionless" payment system available to anyone worldwide.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.