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    Jeff Garzik

    garzikrants.blogspot.com · Personal blog · on HN since 2011

    Jeff Garzik, a Bitcoin core developer, writes about Bitcoin mining hardware, blockchain data, and autonomous software agents.

    Visit blogHN submissions
    CryptoHardware & Electronics
    What HN says

    HN commenters link it for his Avalon ASIC miner reviews, which drew skepticism about the claimed earnings, and for his StorJ and blockchain data spam posts.

    Stats for nerds
    15HN people shared it
    10linked in comments
    99story points
    May 2015last shared
    2013people per year2015

    Top posts on HN

    1. 1
      Bitcore Core v0.9.0 release overview
      1 person · 75 points · first shared 2014 · 44 comments on HN
    2. 2
      Response to Adam Cohen by a Bitcoin developer
      1 person · 5 points · first shared 2011 · Discussion on HN
    3. 3
      Bitcoin data spam and evil data
      2 people · 4 points · first shared 2013 · 1 comments on HN
    4. 4
      Tunisia: the first Wikileaks revolution?
      1 person · 4 points · first shared 2011 · Discussion on HN
    5. 5
      StorJ, and Bitcoin autonomous agents
      1 person · 3 points · first shared 2013 · Discussion on HN
    6. 6
      First Bitcoin ASIC Alive and Kicking
      1 person · 2 points · first shared 2013 · Discussion on HN
    7. 7
      Avalon ASIC BitCoin Miner Review
      1 person · 2 points · first shared 2013 · Discussion on HN
    8. 8
      StorJ, and Bitcoin autonomous agents
      1 person · 2 points · first shared 2013 · Discussion on HN
    9. 9
      How much does it cost to data mine a street corner? (DIY NSA)
      1 person · 1 points · first shared 2014 · Discussion on HN
    10. 10
      How to support bitcoin core development
      1 person · 1 points · first shared 2014 · Discussion on HN

    What HN people wrote when they linked it

    • znowiFeb 2013

      In practice Avalon draws 620 Watts and runs at 66 GH/s [1].

      And let me introduce a few points to consider for an inspired by your calculation soon-to-be miner :)

      1. BFL [2] and whoever else is able to produce an ASIC system start shipping very soon. All this hash power will skyrocket the difficulty, eventually decreasing the profits to today's GPU levels.

      2. Volatility of BTC varies greatly and can be anything in a few months term. As I recall, the first gold rush happened in 2011, when GPU miners appeared. BTC peaked at over $30 in June and was less than $5 by November.

      3. If you order your system now, you will likely get it in May if not later. Pre-orders started last summer and they're still waiting.

      Happy mining :)

      [1] http://garzikrants.blogspot.com.es/2013/02/avalon-miner-power-usage.html
      [2] http://www.butterflylabs.com/

    • phamiltonMay 2015

      I'm always fascinated by StorJ.

      http://garzikrants.blogspot.com/2013/01/storj-and-bitcoin-autonomous-agents.html

      TLDR; a SaaS system that not only auto-scales, but does so autonomously. When it has excess funds, it buys more VMs and provisions them with itself. If cashflow is low, it shuts some down. Add in the ability to create accounts (using bitcoin as currency) and you could very quickly lose the paper trail and have a SaaS owned by the Æther.

    • gibyboJan 2013

      I prefer the term skeptic, and I think it's quite reasonable to be skeptical of a $1300 device capable of generating $210/day with still no proof. I think the skeptics will be much calmer once he plugs it in and verifies that it does what it says it does.

      EDIT: Now confirmed on Jeff's blog: http://garzikrants.blogspot.com/2013/01/avalon-its-alive.html

    • mrbJan 2013

      Picture of the inside: http://garzikrants.blogspot.com/2013/01/avalon-modular-room-to-expand.html?m=1

      I hope this will put a stop to most of the non-believers constantly trolling on bitcointalk.org

    • fnordfnordfnordAug 2013

      There is all sort of graffiti and other garbage embedded in the blockchain.

      http://garzikrants.blogspot.com/2013/04/on-bitcoin-data-spam-and-evil-data.html

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