from the build-your-own-chips-to-build-your-own-currency dept.
holy_calamity writes "MIT Technology Review looks at the small companies attempting to build dedicated chips for mining Bitcoins. Several are claiming they will start selling hardware based on their chips early in 2013, with the technology expected to force many small time miners to give up. However, as happened in the CPU industry, miners may soon be caught in an expensive arms race that pushes development of faster and faster chips."
"What is wanted is not the will to believe, but the will to find out, which is
the exact opposite."
-- Bertrand Russell, _Sceptical_Essays_, 1928