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Those who were lucky enough to mine bitcoin back in its early days managed to make a lot of money if they stored what they had. Since then demand has surged, and that means both bitcoin’s value and mining difficulty surged as well. It’s hard for miners to make money without making huge investments nowadays, as only high-end hardware can guarantee any type of profit.
That is until now, as FoxMiners, a Californian cryptocurrency startup, claims to have created the world’s first dual-miner hardware, one that uses both SHA-256 and Scrypt to mine bitcoin and litecoin. FoxMiners was established in 2016 to develop the world’s leading cryptocurrency mining hardware, providing its customers with more mining power, while keeping energy costs low.
Crushing the competition
FoxMiners’ mining chip, FM9800-XD112, increases hash rates to maximum potential, without making energy consumption surge. One of the units built using this chip, the FoxMiners F24, is a product that is now ready for mass production and that provides users with a 35 TH/s mining power when it comes to bitcoin and 1GH/s for litecoin.
FoxMiners’ F48 unit, on the other hand, provides users with 75 TH/s and 2.1 GH/s for bitcoin and litecoin respectively. Pricing starts at $2500 for the company’s units, and by preordering, customers can get a $500 discount.
The company’s team consists of top level engineers, programmers, and designers that intend to not only create the best mining hardware, but also to assure customers a proper return on investment. Every unit being sold has been properly tested and evaluated under extreme conditions, and comes with a 2-year warranty.
Helping customers succeed
FoxMiners wants to help customers succeed and, as such, created units with pre-installed software that makes them extremely easy to set up, even for those who do not possess any technical knowledge. As a matter of fact, everything users will need to do is insert their pool data and start mining.
As if that wasn’t enough, the company also supports customers by covering delivery and customs fees – quite a generous offer, taking into account some countries charge high customs fees for these types of items. Mining units can be purchased using bitcoin, litecoin, or via wire transfer. It is possible to order in several payments, although shipment will only go through once the hardware unit is fully paid for.
FoxMiners COO Mike Harish said the following:
“Consumers now know our competitors are beat. They can’t reach our power, and our extremely low power costs. We have huge mining power – the f48 generates 75 TH/s for bitcoin and 2.1 GH/s for Litecoin. It’s the best investment on the market.”
If you would like to know more about FoxMiners, you can read the company’s whitepaper. Preorders will be available until the 14th of May so if you would like to start mining bitcoin or litecoin with their dual-miner hardware, this is your chance to do so, as you will be taking advantage of a hefty discount.