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On March 6th, 2012, LargeCoin announced their intent to develop a Bitcoin mining ASIC, using a structured ASIC approach.

Delivery was projected to be in July of 2012.

Although no formal cancellation was announced, no significant new information on this project has been made available after March 12th, 2012. On July 25th, 2012, LargeCoin posted in a thread titled "LargeCoin is scared of BFL" noting "Yes, we certainly are ... our assertion is that [BFL has] discovered new manufacturing processes that are vastly more efficient than anything the semiconductor industry has seen before."


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