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 results for measured power efficiency on average ranging between 0.055 joules per gigahash to 0.07 joules per gigahash.These numbers are also unequalled in the bitcoin mining industry.With the chip, BitFury deemed the innovation to usher in the “exahash era,” a time when the total Bitcoin mining network hashrate reaches and exceeds 1 EH per second.1 exahash = 1,000,000 gigahashes.In a press release, BitFury CEO Valery Vavilov said: We are very excited to launch mass production of our super 16nm ASIC Chip…We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology.

Along with its increased power efficiency, the new BitFury chips can run with a power supply voltage of 0.35V, the company confirmed, with the static part of the chip functional at 0.28V.The company also states that every new 16nm Chip will deliver a minimum of 100 GH/sec while averaging in a range about 140 GH/sec with air cooling.BitFury further claimed that the chips can achieve up to 184 GH/sec with the company’s third-generation immersion cooling technology.BitFury added it will be partnering with Global Unichip Corporation (GUC) to mass produce the new chips.In a statement, Jim Lai, the president of GUC stated: We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury achieve this outstanding result.It was March 2015 when BitFury revealed its 28nm ASIC chip after progressing from its 55nm chip at the time.The 28nm chip will be used in BitFury’s new Georgia-based bitcoin mining farm, a project in which the company is investing a total of $100 million.

The data center, to be built in Georgia’s capital city of Tbilisi will also make use of the miner’s new 16nm chips.Also read: Interview With BitFury CEO Valery Vavilov: New Bitcoin ASIC Chips On the Horizon Bitfury CEO Vavilov cited the unique position the company is in with regards to the production of the high-efficiency chips and added: As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available, ensuring that the network remainds decentralized as we move into the exahash era together.def of bitcoinIn recent times, BitFury has also made headlines after recruiting a former White House staffer and aide to President Obama, Jamie Smith, as the company’s global chief of communications.bitcoin delete transaction

Images from Shutterstock and BitFury.Thank you Thanks for your order.We hope you’ll come visit us again sometime soon.Screenshots Show all Description Let your computer earn you money with Bitcoin Miner, the free easy-to-use Bitcoin miner!Earn Bitcoin which can be exchanged for real-world currency!Works great at home, work, or on the go.watch bitcoin bowlDownload Bitcoin Miner and start mining Bitcoin today!mit bitcoin im internet bezahlenBitcoin miners perform complex calculations known as hashes.mine litecoin how toEach hash has a chance of yielding bitcoins.bitcoin nedir nas?l yap?l?rThe more hashes performed, the more chances of earning bitcoins.bitcoin faster blockchain download

Most people join a mining pool to increase their chances of earning bitcoins.Mining pools pay for high value hashes known as shares.More Available on Windows Holographic PC Mobile device Version notes Version number: Varies by device Bitcoin Miner 1.38.0 - Fix various bugs and crashes.silicon valley bank bitcoin- Reduce number of ads shown.bitcoin join mining poolBitcoin Miner 1.31.0 - Stability and performance improvements.- Various crash and bug fixes.Bitcoin Miner 1.28.0 - Fix bug where Custom Pool Proof-of-Work would always default to SHA-256d.- Remove an advertising dependency.Bitcoin Miner 1.27.0 - Mining engine profitability improvements.- Added duration and rate information to post-mining summary text.- Fixed taskbar icon overlay flickering on Windows 10 Anniversary Update.

- Significant stability and performance fixes.Bitcoin Miner 1.25.0 - Numbers for decimal-comma locales are now rendered in the local format (Brazil, most EU counties).- Mining summary now changed to show account balance and next payout information when the default mining pool is selected.- Users can now scan Bitcoin Address QR codes using their webcam or camera for payout addresses.Bitcoin Miner 1.20.0 - Balanced/Efficiency mode is now "Power saving" mode.Bitcoin Miner 1.18.0 - UI hints added for new users.- Clock added to desktop version title bar.Features Easy to use interface GPU & CPU mining Profitability Reports Night mode Power saving mode Mining pool support Fast share submission DirectX 10 & 11 GPU mining x86 & x64 SSE2 assembly CPU mining ARM NEON assembly CPU mining SHA-256d & Scrypt support System Requirements Minimum OS Windows 10, Windows 8.1, Windows 10 Mobile, Windows Phone 8.1 Architecture ARM, x86, x64 DirectX Not specified Recommended OS Windows 10, Windows 8.1, Windows 10 Mobile, Windows Phone 8.1 Architecture ARM, x86, x64 DirectX Version 11 Additional info Published by GroupFabric Inc.

Copyright © 2013-2017 GroupFabric Inc.More Approximate download size 3.49 MB - 12.94 MB More Category Personal finance More Age rating Everyone This app can Use your webcam Access your Internet connection Access your Internet connection and act as a server.Access your home or work networks More Installation Get this app while signed in to your Microsoft account and install on up to ten Windows 10 devices.More Language supported English (United States) More Publisher Info Publisher Website Publisher Support More Additional terms Bitcoin Miner privacy policy Bitcoin Miner license terms Mining is computationally intensive and can result in increased power costs and/or reduced hardware lifetime.You accept responsibility for any and all costs from using Bitcoin Miner.More Sign in to report this app to Microsoft Bitcoin Miner Report this app to Microsoft How you found the violation and any other useful info Ratings and reviews Rated: 4.1 stars out of 5 To rate and review, sign in.

Rating:5/5 6/11/2017 Roy Platform: PC Bit coin info It's really easy to use and I am able to do other thing while it is working in the background.I would like to see info about best computer setups to use.Group fabric needs a forum also.6 out of 9 people found this helpful.Rating:4/5 6/5/2017 Glister Platform: PC Put Your PC to Work This is one of the best mining bitcoin app I have used.It is true to it's word.Just wish the units of mining was a little larger.My goal is to earn 1 btc.This will take forever with just one computer.After setting up every thing I found that it would take a very long time to earn such a goal.It is doable but much patience is the key.I love the interface and the easy way of setting up everything.It is easy to set up and use.Great for a beginner miner.I suggest this app for anybody in search of earning bitcoins.Just wish it would allow you to earn other coins as well, like litecoins and dogecoins, etc. Would have given it a 5 Star but because it is just geared for bitcoins, I gave it a 4 star rating.

5 out of 7 people found this helpful.Rating:3/5 5/17/2017 pogue Platform: PC Does work, payout isn't worth your time So, this BTC miner does work, and it does payout.But after a week of running it consistently on 2 PCs, one high end, and one budget laptop.I run in power saving during the day, and maximum at night.At the end of the week I earned 8,160 Satoshis which comes out to 14¢ in BTC prices.So, IMHO, this isn't worth the effort to mine Bitcoin with.If the developer made different miners to mine other cryptocurrencies than BTC and Litecoin, I think it would work much better.If you're looking for a miner that can mine alternative currencies, try MinerGate http://bit.ly/MinerGate123 19 out of 21 people found this helpful.Rating:5/5 6/12/2017 Mark Platform: PC Good App This miner is good in that it will allow you to mine bitcoins.I can't complain about the quantity, but it is a lot.I suggest you load this on a computer that is going to be running all day anyway, and you can get a little return for your efforts.

Also works great on Windows Phone and tablet mode for Windows 10 devices (the later tend to be more power efficient).2 out of 3 people found this helpful.Rating:5/5 6/4/2017 David Platform: PC Nice App This app makes bitcoin mining super easy!One person found this helpful.Rating:5/5 5/16/2017 ashley Platform: PC Great app IT pays and very easy to understand.Very good for beginners also.Rating:5/5 5/21/2017 Leon Platform: PC It is so easy Easy to use this great way to get bitcoins One person found this helpful.Rating:3/5 6/11/2017 Melanie Platform: PC Great!its a little bit slow but its a good app.works great on windows `10 Rating:5/5 6/3/2017 dennis Platform: PC Easy to use this is an easy to use desktop Miner, payout is very easy also Rating:3/5 5/26/2017 Andrew Platform: PC Cool but buggy Freezes when clicking settings or anywhere else, really.