BITTECH — Hive

ABOUT BITTECH

BITTECH is a global technological company. The company mission is to make cryptocurrency mining a legal, easy, and reliable way to earn money. The production is based on ASIC chips with a customized architecture built on the technological process of 10 and 14 nm and the development of software for the produced miners.

The modern industry of global mining will now have to answer several major questions that will define its future. The trend to consolidate mining pools in one country (China) and lack of consensus between the Chinese miners, the Chinese government and the major market players greatly influence the blockchain development. A technological leap and a modern and affordable solution for end users are required to resolve the accumulated contradictions. The release of a groundbreaking product sets a new standard for miner performance and will restore the network decentralization, and building data centers in several countries will attract new people to the world of mining and blockchain.

China is the world leader in innovative technologies, but consolidating all this technology in one place is not safe and contradicts the very idea of decentralization. Bittech's innovative chips, coupled with decentralized mining technology through data centers, will allow the creation of an efficient distributed system of investors, producers and miners, where everyone is interested in the end result: efficient and affordable mining.

FEATURES OF THE PROJECT:

The 14nm BT0014 chip was developed for the SHA-256 algorithm, whose performance and energy efficiency was improved by 20-25% compared to the 16nm chips of competitors;
The 10nm BT0010a chip was developed for the SHA-256 algorithm, with chip performance improved by 7% over Bt0014;
The 10nm BT0010La chip was developed for the Scrypt algorithm, whose performance is 15-20% higher than the competitors’, and the energy efficiency was improved by 5-7%;
Serial production of the BITTECH One miner for the SHA-256 algorithm on BT0014 chips was launched, with a 28Th/s capacity, and consumption of only 2,200W;
Prototype of the BITTECH One S miner for the SHA-256 algorithm on BT0010a chips was launched, with 36Th/s capacity and consumption of only 2,800W;
Construction of a data center in Russia, Irkutsk region, with a total capacity of 21MW was begun.

HOW DID BITTECH EMERGE?

The current business owners Jihan Luo and Alexsandr Maiorov first met in the end of 2016 at a fintech exhibition in China, and six months later they began to produce new chips and miners, having invested $2+ mln in software and hardware development.

IDEA BEHIND THE BUSINESS:

Aside from creating modern miners, the management took the existing trends and problems of the cryptocommunity and miners in particular into account. This is how the idea emerged, which later developed into a separate activity of building several cryptocurrency data centers whose production capacity will be used to host branded miners and also be leased to customers for the installation of purchased Bittech miners. This service was named the Service Contract. By using the Service Contract, customers will not have to worry about searching for the best infrastructure, services, transportation, and of course any legal issues regarding cryptominer hosting.

BITTECH PROJECT HAS THE FOLLOWING PRIORITY TASKS:

The development and implementation of a new generation of BITTECH series miners based on BT ASIC chips for basic hashing algorithms;
The reduction of miner costs for buyers;
The introduction of services for the miner sales, which allow the start of mining in a short time;
The creation of a distributed mining network by building data centers.

For more information, please visit at:
WEBSITE
WHITEPAPER
TELEGRAM

Author: Adut.J
BITCOINTALK