Bitcoin blockchain infrastructure provider BitFury Group has officially announced the mass production of fastest and most effective 16nm Application Specific Integrated Circuit (ASIC) Chip that will bring unmatched energy efficiency to the bitcoin network.
Bitcoin mining requires heavy doses of electricity, which has compelled people to raise questions about the environmental impacts of the process. Bloomberg once called Bitcoin Mining a Real-World Environmental Disaster.
Valery Vavilov, CEO of BitFury said in the press release: “We are very excited to launch mass production of our super 16nm ASIC Chip.The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology.”
http://www.newsbtc.com/2015/12/17/bitfury-brings-unparalleled-energy-efficiency-to-the-bitcoin-network-with-16nm-asic-chip/
