I've had some discussions with my colleagues at CU Boulder and we might be interested in developing an open sourced ASIC for Bitcoin mining. If I was to start a Kickstarter project, then who would support it and for how much?
My goal is to answer two questions:
I'm betting this question will answer two specific questions. First, why the ASIC open sourced project failed and second further explain the ASIC miner design process. There is currently a low level of understanding in the Bitcoin community about ASIC mining clients outside that they are orders of magnitude faster than GPUS.