BTC World News – Ads

Donate to BTC World News

BTC World News Tweets

Like BTCWorldNews

AMC Announces 4.8 TH/s Bitcoin Miners for 3,000 BTC

Sunday 30th, June 2013 / 08:31

Yesterday AMC announced they will be joining the ranks of ASICMiner, Avalon, Butterfly Labs, and KnC as an ASIC chip manufacturer. Two days ago Active Mining Corporation posted they had a large announcement, and would be preceding it by selling 2,000,000 shares for 0.0025 bitcoins each (totalling 5,000 BTC). As many advocates had predicted, the announcement was the preliminary results of their ASIC chip development. The self-proclamied “World’s Fastest Bitcoin Minnig Chip” will use 28nm technology estimated to run at 16 to 20 GH/s per chip. This is an estimated 70x increase over Avalon’s 280 MH/s chips that should start shipping next month. AMC expects low rate initial production to start Q4 2013 and ramp up into full rate production Q1 2014 AMC will be producing a wide range of products, including 110nm, 45nm, 28nm designs. Smaller manufacturing techniques will provide a higher performance and lower power consumption, making the 28nm chips their top of the line. To develop these next-generation ASIC miners, AMC will be partnering with eASIC, an established…

The post AMC Announces 4.8 TH/s Bitcoin Miners for 3,000 BTC appeared first on The Genesis Block.

BTC World News Advertising

Facebook Comments

comments powered by Disqus
To top ↑
%d bloggers like this: