Bitfury, The Cryptocurrency Mining giant Has launched its New Bitcoin Mining Hardware

Bitfury, The Cryptocurrency Mining giant Has launched its New Bitcoin Mining Hardware

Bitfury Group, The Cryptocurrency mining giant has disclosed that it has launched the new bitcoin mining hardware, with its Bitfury Clarke ASIC chips is a major product in the new suite.

According to a Medium post published by the company, The Bitfury Clarke chip, “unparalleled in performance and efficiency.” “It is ready to be combined into the firm’s” industry-leading Bitcoin mining hardware “, Which will include its mining servers and mining centers in Norway, Iceland, Georgia, and Canada.

The flagship 14 nm chip has been completely optimized for SHA-256 mining and “can execute a hashrate up to 120 gigahashes per second (GH/s).” “Its power performance is 55 mg / GH, which means its required voltage supply can be as low as 0.3 volts.

Bitfury’s CEO, Valery Vavilov, was quoted as saying:
“Bitfury is looking at all factors including silicon packaging, chip performance, optimum power delivery, cooling designs and speed of growth while designing our mining hardware. We feel that this will lead to resolutions that provide the best ROI to our customers.”

The mining giant report comes at that time where BTC’s hashrate continue to grow. it went up form 8.5 million TH/s to about 49.5 million TH/s in the last 12 months, according to the data.

Due to the increasing mining difficulties of flagship cryptocurrency, different miners have struggled to maintain their profit at falling prices. Looking at the circumstances, most of them have to be forced to do whatever they can to keep the electricity charges low.

Bitfury itself, according to Bloomberg, has managed to lower costs at its mining plant in Georgia by immersing its facilities in a non-conductive liquid from 3M Co called Novec, which has been used to contain raging fires.

Per Vavilov, cooling technology reduces both energy consumption and space requirements. Other miners have chosen to move their operations into a more favorable environment.

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