Arctic bitcoin mine switches to 16nm chip to boost efficiency

A bitcoin mine near the Arctic Circle is to start using 16 nanometer chips to improve mining efficiency. KnCMiner said the technology would make mining cheaper and allow it to increase production. The move from 20nm to 16nm reduces the die and transistor size, improving the power efficiency of the chip and cutting the cost of power-intensive mining. The new technologyshould protect bitcoin mines …

from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/1AnIdqO
via IFTTT

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s