The quiet, behind-the-scenes juggernaut in bitcoin mining, Bi Wang (BW), is announcing the release of its 14nm chip that the company believes is at the cutting edge of bitcoin mining equipment.
In a Bitcoin Magazine exclusive, BW was introduced to the community. Now it wants impact that same community.
Along with the announcement of its bitcoin chip, the company has announced that it will be releasing a bitcoin miner for consumers that will launch in Winter 2016.
“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”
The revelation that BW would be offering its miners to the general population comes at a time when many other mining companies are bringing their products in-house to use for their own mining initiatives.
According to BW, each 14nm chip in the miner will be