Bitfury, an ASIC Mining company based in Russia, made its plans to release Bitcoin mining equipment known in early July 2013. The company manufactures ASIC chips that have high efficiency and a great deal of hashing power compared to a couple of other companies that have been releasing ASIC miners.
If everything goes as planned for the company, the landscape of Bitcoin mining will change tremendously as another strong competitor joins the bitcoin arms races. The legacy 50-65 GH/s ASIC miners days are long gone now. If you are not mining in the hundreds of Hash /per second range, then you are losing your ROI.
The company contributes a lot to the design of Bitcoin mining software and hardware. Bitfury will undoubtedly have a significant impact on the network, but then again the full extent has not been revealed.
Why choose to purchase Bitfury ASIC Bitcoin miners?
The Bitfury’s ASIC Bitcoin mining prototype comes in with a 400 GH/s base speed and hundreds of units are expected to land in America and Europe in October (2013). Bitfury products aim to epitomize the most advanced chips to reach mass production.
Their ASIC chips must be set in PCB (printed circuit boards) and controlled using a Raspberry Pi. Its powered by a standard ATX power supply, which is included in the Full kit.
Bitfury ASIC Miner chips use a 55nm process and are sold at a projected 1.56 GH/s per chip. Bitfury might emerge as one the top ASIC mining chip manufacturer but one time will tell since the Bitcoin environment is so dynamic right now.
Even though the Bit fury chips are clocked below Butterfly Lab’s 4 GH/s chips, they can run 4 times more efficiently at 0.8 Watts/Ghps. Therefore, power efficiency will be a deciding factor in the future and longevity of an ASIC Bitcoin miner as profitability narrows with the increasing difficulty.
Bitfury Strikes back with the Bitfury 400GH/s Miner
Bitfury 400GH/s Miner originally designed by c-scape for the 100TH mine, is the newest Bitfury offering for serious Bitcoin miners. It is an impressive piece of mining equipment and will be a great additional to the mining ecosystem.
It is important to point out that Bitfury’s 400GH/s Bitcoin mining rig uses 16 individual hashing boards with 16 Bitfury 55nm ASIC chips (manufactured in China before being distributed to Bitfury who resells them). As mentioned before the unit is controlled by a single Raspberry Pi Model B. This miner also comes with SD card and the software preinstalled.
Other key features in this product include a modular design that allows for easy maintenance and upgrading. Bitfury 400GH/s Miner is also easy to install into racks and is compatible with ATX PSU. However, efficiency at wall depends on your PSU (total power drawn at a max of 400W) and a performance of 400GH/s.
The company sells its bulk order chips as well as fully assembled kits through its resellers in US and EU. Pricing depends upon the expected delivery date. For instance, August deliveries commanded a somewhat higher premium than the expected October deliveries. Full kits include 16 hashing boards, main board, cables and a raspberry pi to set up the miner.
Bitfury continues to be a player in the ASIC hardware companies, however they need to continue to innovate to compete with the top companies like KNCMiner.