Mining

Mining Hardware Store to Open in South Africa

Bitcoin hardware stores are popping up all over the world and now one of them will open its doors in South Africa
08 February 2018   1041

A supplier of Bitcoin mining hardware from South Africa, Bitmart, is about to open its first retail store. The store will stock software components, ASICs, GPU miners and other relevant hardware. It will also stock cryptocurrency merchandise such as t-shirts, caps, hardware wallets and etc. Now miners in South Africa can just walk into a shop and pay on the spot.

This shop is willing to provide educational seminars in order to create a cryptocurrency community. Bitmart will accept EFT (a South African internet banking payment transfer service), credit cards, and, of course, all major cryptocurrencies, such as Bitcoin, Ethereum as a method of payment.

Bitmart will offer business owners the additional services such as mining farm development, deployment and management, container-based mining solutions, and large-scale deployment. It will also install equipment in place to accept Bitcoin as payment.

It is important to note that South Africa is not the only place where users can buy equipment for mining. For example, a large electronics mall in Singapore has at least five mining hardware shops.

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Bitfury to Represent Bitcoin Mining Optimization Chip

The product is called Bitfury Clarke ASIC and it's based on five successful generations of mining chips
20 September 2018   137

Bitfury Group introduced a new generation of hardware for bitcoin mining under the control of the integrated microcircuit Bitfury Clarke ASIC.

Five successful generations of Bitfury mining chips are the basis for new Bitfury Clarke ASIC. According to the developers, the new chip has the highest performance characteristics among the bitcoin mining hardware.

14nm Bitfury Clarke ASIC is fully optimized for Bitcoin Mining on SHA256. The hashing capacity is up to 120 Gigahets per second (GH / s) with energy costs of only 55 miljoules per gigahash (mJ / GH). The minimum required mains voltage is 0.3 V.

In addition to selling Bitfury Clarke chips, Bitfury also integrates Bitfury Clarke into other hardware, including its own servers for mining and BlockBoxes, as well as in the mining centers in Canada, Norway, Iceland and Georgia.