Bitcoin (BTC) mining software manufacturer Bitfury Group has launched a new generation of its BTC mining hardware based on its Application-Specific (Combined different things together so they worked as one unit) Circuit (ASIC) chip Bitfury Clarke, according to an announcement published September 19.
An ASIC chip is a piece of mining hardware geared to mine digital currency based on a specific hashing set of computer instructions. An ASIC is custom-designed for a particular use, rather than for general-purpose use.
The Bitfury Clarke ASIC will be sold individually in addition to being (combined different things together so they worked as one unit) into Bitfury's other BTC mining hardware, including its mining servers and BlockBoxes. Bitfury is planning to put into use the new ASIC in its mining centers in Canada, Norway, Iceland and Georgia. The announcement further describes the chip:
"The 14nm Bitfury Clarke ASIC is fully customized for SHA256 bitcoin mining. It can run a hashrate up to 120 gigahashes per second (GH/s) and a power (wasting very little while working or producing something) rate as low as 55 millijoules per gigahash (mJ/GH). The supply voltage needed/demanded by Bitfury Clarke can be as low as 0.3 volts."
In December, Bitfury helped the launch of Toronto-based BTC mining company Hut 8 by providing the company access to mining hardware and other needs. In July, Hut 8 claimed that it had become the world's "largest publicly-traded" operator by ability (to hold or do something). The company reportedly mined around 1,900 BTC since its original launch.
In July, Cointelegraph also reported that, according to sources from the "upstream supply chain," the sale of ASIC crypto mining hardware had been negatively impacted, with a (described a possible future event) price drop of 20 percent that month. The affected companies included the Taiwan (element used to make electronic circuits) Manufacturing Company, as well as its electronic devices (IC) design service partners like Worldwide Unichip.
More than that, the price of (made to do one thing very well) graphics processing units (GPUs) had been (lowering in number/getting worse) along with sinking prices in digital currency markets. In April, AMD's OEM 4GB RX 580 six-pack was sold out at the price of $3,600, while in July it was available for $2,500. An Nvidia GeForce GTX 1080 Founders Edition, 8GB GDDR5X PCI Express 3.0 Graphics Card was sold out at a price tag of $1,050, but in July could be (bought something for money) for $709.
