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Bitcoin Mining Taken to the Next Level

Mining Bitcoins today requires a powerful computer, and the next frontier in Bitcoin mining seems to be dedicated hardware. One of the latest machines to come to market specializing in Bitcoin mining is the Cryonic Bitcoin FrostBit, which also comes with a $15,000 price tag.

TechCrunch interviewed Fahad Koumaiha, CEO of Cryoniks.

It’s the first time a ‘PC’ has been built for consumers with built-in liquid nitrogen generators. We use helium compression technology to super-cool condensers that in turn condense nitrogen air into its liquid form. There’s nothing even remotely similar available to the consumers. By sustaining cryonic temperatures we were able to achieve superconductivity with our custom designed ASIC processors. Not only do we get a huge boost in speed, but we cut down power consumption to around 2800W per unit; significantly less than anything on the market today.

Via TechCrunch.

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