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Beijing, China – Cryptocurrency mining hardware company SFARDS (formerly Gridseed) is preparing to release its debut miner by April 2015.

Tape out of the company’s 28nm SF3301 ASICis currently underway.

The SF3301 will be the next generation of dual-algorithm mining chips, the world’s first 28nm with the capability to mine SHA-256 and Scrypt simultaneously. The advantages of this ability translate to an extended period of effectiveness for the miner and increased profitability.

By using FDSOI technology not currently present in any other chip on the market, power efficiency when mining with SHA-256 is predicted to reach below the 0.3 J/GH range, and 2.0 J/MH when mining with Scrypt.

The SF3301 is extremely versatile, allowing you to mine multiple currencies with one device. This means price fluctuations can be harnessed and being forced to turn off your miner is far less likely. A condition can arise where altcoins are utilized to cover electricity costs while bitcoin is continuously and simultaneouslybeing mined.

This ability is something never seen before with 28nm technology.

Sfards is a Chinese crypto currency mining company, created from the merger between Gridseed and WiiBox. We are funded by the angel investor Li Xiao Lai. In addition to this, we have financial backing from the tier-one international VC firm Matrix Partners. Sfards’ primary focus and experience lies in ASIC Research, Miner Development, Data Center Management, and Cloud Services.

For more information please see:
Official Sfards Website: www.sfards.com
Sfards Products & Services: sfards.com/product
Sfards on Twitter: twitter.com/sfardstech
Sfards on Facebook: facebook.com/sfards
Sfards on LinkedIn: linkedin.com/company/sfards-technology-ltd
Sfards on WeiBo: weibo.com/sfards

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