[2014-08-21] ASIC Maker Seeks to Bring German Efficiency to Bitcoin Mining

[patricktim]

http://www.coindesk.com/asic-maker-coinbau-german-efficiency-bitcoin-mining/

A Dresden-based startup is looking to move aggressively into the bitcoin mining hardware market with a new, super-efficient 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.