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Re:800 Giga Hash per second user just started mining at BTCG... by wmf on Wednesday February 13, 2013 @11:23AM (#5213893)
Discussed extensively two weeks ago: http://news.ycombinator.com/item?id=5142021

Summary: They probably didn't have the money to build anything, so they funded it using Kickstarter-like preorders.

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