[UPDATE: Possible Scam] – Endothermic Mining Rigs Unveiled By Luxembourg Startup

THELOGICALINDIAN - UPDATE After accepting some acknowledgment from our readers we begin cogent affirmation that the OnMiners aggregation is acceptable a betray We will accept added capacity shortly

Read more: here.

~~OnMiners S.A. is ablution a new bearing of endothermic cryptocurrency mining rigs that affiance aerial ability but low activity burning while abbreviation calefaction and babble generation.~~

Lowering Mining Costs with Endothermic Chips

New companies and new technologies are entering the crypto mining amplitude with the aim of blurred costs and activity consumption. OnMiners is one such aggregation based in Luxembourg that was founded by a accumulation of financiers that accept invested in the conception of a new bearing of Endothermic Multi-Algorithm CHIP.

Endothermic refers to a actinic acknowledgment that absorbs activity from its ambience and lowers the temperature.

On March 18, 2019, OnMiners announced the official barrage of three mining rigs namely, On2U, On4U, and OnTower.

These rigs can abundance an arrangement of cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Monero (XMR), Dash (DASH), and Zcash (ZEC). OnMiners specifies the assortment ante that anniversary rig delivers, as follows:

• On2U: 140 TH/s for Bitcoin, 38 GH/s for Litecoin, 5 GH/s for Ethereum, 230 KH/s for Monero, 1.3 TH/s for Dash, and 1.1 MH/s
• On4U: 270 TH/s for Bitcoin, 75 GH/s for Litecoin, 9 GH/s for Ethereum, 450 KH/s for Monero, 2.5 TH/s for Dash, and 2.1 MH/s
• OnTower: 1620 TH/s for Bitcoin, 450 GH/s for Litecoin, 54 GH/s for Ethereum, 2700 KH/s for Monero, 15 TH/s for Dash, and 12.6 MH/s

At the barrage of these mining rigs, Hisao Saito, the CEO of OnMiners said,

Crypto Miners Arms-Race

For the aftermost several months, adverse bazaar altitude and aerial activity costs accept decidedly bargain cryptocurrency mining profitability.

As a result, to survive, crypto miners are actuality forced to try new technologies that booty advantage of cheaper and another sources of energy. For example, some miners are now axis to solar ability to cut mining costs.