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Mining & supplyLaunches & foundingsWell supported

The first mining ASICs ship

Avalon delivered the first purpose-built Bitcoin mining chips to customers.

THE RIDE EXHIBIT · DRAG TO LOOK AROUNDRide to this stop

An application-specific integrated circuit can do nothing but compute Bitcoin's hash function, and does so at a rate no general-purpose hardware can approach. Within a year, mining with anything else had become pointless.