BELOW ARE SOME FACTS ABOUT THE CURRENT BITTECH BUSINESS:
Founded in 2017
- Headquarters based in Hong Kong
- 18 full-time employees
- The ASIC chip is developed for the SHA-256 algorithm on the technological process of 10 and 14nm of BT00 series
- Bittech One cryptocurrency miner has been serially produced since 2018
- The construction of a data center was begun in the Irkutsk region, Russia, with a total capacity of 21MW for 9,000 miners. The launch is scheduled for September 2018.
Currently, our company is seeking to raise funds through the ICO for the development of new products in the cryptocurrency miner range, as well as to construct three more data centers in Canada, Iceland and Estonia.
BITTECH LTD
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.
Challenge
In the era of cryptocurrencies and mining, these brilliant opportunities are used by a very narrow audience. Individuals and companies face a range of problems:
Statutory bans in some countries
Lack of accessible infrastructure
Climatic peculiarities of certain regions
High cost of equipment and maintenance problems
Lack of professional personnel in this field
Solution
- High-quality equipment with an advanced guarantee
- Affordable cost
- Quick start, only 24 hours
- Full legality and observance of legislation
- Skilled experts, 24h support
- UPTIME 99.9 % SLA
BITTECH has opened large cryptocurrency data-processing centres (DPC) in Iceland, Estonia, Canada, and Russia. Every DPC is a professionally arranged platform for the Bittech One miner that includes our own, cutting-edge, 14 nm chip. Every DPC is a legal platform for cryptocurrency mining. BITTECH company has tried its best to develop infrastructure and technologies that make the mining process as simple and convenient as possible. Customers who choose our company get extensive service of the highest quality.
Service Contract
Service contract is a revolutionary service that allows the miner not to worry about infrastructure, maintenance and legal aspects when buying mining equipment. All this is decided by BITTECH. We open four data centers in Canada, Iceland, Estonia and Russia for the placement of branded miners the client should choose only the placement term and proceed to the mining within 24 hours.
- Developed infrastructure
- 24-hour monitoring
- Perfect climate
- Low maintenance cost
- Legal legitimacy
- Web access to miner
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 link at below.
Author: Rogram
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