The Bitcoin Foundation Opens Up Avalon’s First ASIC

Mining started out with CPU's, then with GPU's, then with FPGA's, and now ASIC's. What's the next technology to make mining an order of magnitude or two more efficient? D-wave computers perhaps? Those cost quite a bit, though.

I'm curious as to where exactly this guy got the funding from. ASICs are not cheap. Even at a um process node, it would still probably come out to around $1m.

Are there any rumors about the initial price?

Congratulations on your invention, and a happy Chinese New Year! 恭喜！从西双版纳“新年快乐！” ;) 希望你可以考虑来荷兰参加OHM2013，你会爱那边的风景。