HEX Mining Joins The Bitcoin Miner Hardware Industry Armed with GigaHash & TeraHash ASIC Mining Machines
HEX Mining (http://www.hexmining.com) officially launches its new line of Avalon ASIC Bitcoin Miners to the cryptocurrency industry.
The news surrounding the digital currency has provided additional support to the Bitcoin Industry. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
The excitement & commitment to Bitcoin's success is prevalent, as many successful companies begin to accept the crytocurrency; such as the first major electronics retailer; TigerDirect, Overstock.com, the San Francisco-based social gamer maker; Zynga, Las Vegas' D casino & Golden Gate for rooms, food and drinks and the Sacramento Kings; as the first professional sports franchise to accept Bitcoin virtual currency.
Bitcoin Mining is the process of using special software to solve math problems and then are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. Bitcoin miners help keep the Bitcoin network secure by approving transactions Mining is an important and integral part of Bitcoin, that ensures fairness, while keeping the Bitcoin network stable, safe and secure.
Mining equipment plays a very important roll in the process. The faster the mining hardware can process, the faster the Bitcoins are issued. This puts allot of pressure on computer hardware manufacturers in being able to produce the fastest processing chip possible, as well as keeping up with evolution. Bitcoin miners have used various types of hardware over time ranging from CPU, GPU & FPGA hardware to currently mining with an application-specific integrated circuit, or better know as the ASIC microchip.
There are only a few sources available where you can find ASIC mining hardware and one of them is through HEX Mining. Some of the challenges being seen today are that resellers are not able to keep up with the incredible demand for mining hardware.
The HEX Mining ASIC Bitcoin Miners come in the following speeds:
- 230 GH/s (http://www.hexmining.com/products/details/10/hex-mining-230-ghs-asic-miner-10-running-variance)
- 1 TH/s (http://www.hexmining.com/products/details/12/hex-mining-1-ths-asic-miner-10-running-variance)
About HEX Mining
HEX Mining (http://www.hexmining.com/) is quickly becoming known as the industry leader by their transparent nature. HEX Mining is a manufacturer and supplier of Bitcoin mining hardware and services. They have offices in the United States and China along with an organization of the top producers of ASIC Chips and Bitcoin Miner related hardware.
Today HEX Mining has both Bitcoin hardware and managed Bitcoin hardware solutions. Products come in both GigaHash and TeraHash processing speeds. As the industry gets more competitive they will continue to secure the right relationships to keep in line with evolution of the cryptocurrency industry. Currently the demand is extremely intense and the pressure is on the manufacturers and distributors to deliver the goods. And that's exactly what HEX has set out to accomplish.
The HEX Miner 230 GigaHash ASIC Miners are currently in stock and their TeraHash products and services are currently in a pre-order stage and they plan on delivering in April 2014. HEX Mining accepts payments in the form of checks, wire transfers, and of course Bitcoins.
HEX Mining is also proud to be an Escrow.com seller, which arms consumers with confidence during their transactions.
HEX Mining: http://www.hexmining.com/
Related News
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims to produce 255 TH/s at 20.8 joules per terahash (J/T). 255 TH/s and 20.8 J/T: Bitmain Launches the Most Efficient Mining Rig to Date The application-specific integrated circuit (ASIC) manufacturer Bitmain is turning heads with its latest product. The Antminer S19 XP Hyd. is a new bitcoin miner....
Bitfury, the best-funded miner through investments has today announced the mass production of its 16nm Application Specific Integrated Circuit (ASIC) Chip, a project that was in development since the beginning of 2015. Bitcoin mining behemoth BitFury has revealed that it will begin mass production of its 16 nm mining chips following testing that has met expectations. The company revealed 40 gigahash per second design target for the chip, with a power efficiency of 0.06 joules per gigahash, a figure that hasn't been attained in the industry, yet. The company cites "rigorous testing," with....
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, can obtain $13.74 per day in bitcoin profits.
Crypto Miners Continue to Gather Profits, Top Ethereum Mining Rig Can Get an Estimated $51 per Day in Profit
The price of bitcoin (BTC) is still down roughly 40% since the crypto asset’s....
The mining company, CoinTerra, announced a reduced pricing opportunity for their second batch of specialized ASIC mining equipment. CoinTerra will price the new TerraMiner II at $3499 and the TerraMiner IV set to be released in January 2014 at $5999. The TerraMiner II will serve as an entry-level Bitcoin mining solution. The TerraMinter IV serves as the first miner to break the $3 per Gigahash Barrier. CoinTerra issued the following release: CoinTerra Introduces Two Low-Cost Bitcoin ASIC Mining Solutions. New TerraMiner II for $3499 and Reduced Price of $5999 for TerraMiner IV in January....
Bitcoin mining startup CoinBau is looking to move aggressively into the hardware market with a new ASIC chip. CoinBau's chip, dubbed Wolfblood Extreme Efficiency, pulls roughly half the electricity necessary per gigahash - approximately 0.19 joules - compared to most options on the market, which range between 0.35 to 0.45 joules per gigahash. CoinDesk spoke with CEO Sebastian Krause and CTO Markus Winter, who explained that efficiency is going to be the key factor as the global bitcoin mining industry continues to scale. Data center headquartering is becoming increasingly common among....