24/04/2017 01:23:18

Foxminers Launches Revolutionary Mining Chip

Beyond Bitcoin, a New Technology that is a Worldwide Game Changer

LOS GATOS, Calif., April 24, 2017 (GLOBE NEWSWIRE) -- Some people say that cryptocurrency mining is getting harder day by day, but now has been "out-foxed" by a new announcement from Foxminers, currently releasing worldwide, the world's first dual-miner hardware, which uses both SHA-256 and Scrypt to mine bitcoin and litecoin (https://foxminers.com/products/). Both dual-miners can also be customized for transactions of other cryptocurrencies that use SHA-256 or Scrypt.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/964850d7-07b9-421c-b7a5-e0a375c90029

Designed for Mining Power

Foxminers' mining chip, FM9800-XD112 is the result of brilliant hardware design that increases hash rates to maximum potential while keeping power consumption down. Both have a built-in controller and pre-installed software. After an intense period of testing, consisting of evaluating, prototyping, and extreme-condition pressure testing, the Foxminers F24 and F48 hardware products are now ready for mass production.

Pricing and Availability

The Foxminers F24 and F48 are available at a presale discount from www.foxminers.com. Pricing starts at $2500. Customers can save $500 by preordering, from now until May 14.

Delivery Fee and Custom Fee will be covered by Foxminers, the customer only pays for the unit and receives everything needed for setup without any hidden fees. "Consumers now know our competitors are beat. They can't reach our power and our extremely low power costs. We have huge mining power - the F48 generates 75 TH/s for bitcoin and 2.1 GH/s for Litecoin. It's the best investment on the market," said Mike Harish Operational Director, COO, Foxminers. "We have strived to give customers the first-rate possible investment in the market."  Watch the video at: https://vimeo.com/212613185

About FoxMiners

Founded in 2016, Foxminers, described as the world's first dual-miner company, was established to develop and sell the world's first leading dual cryptocurrency miners using SHA-256 or Scrypt technology. Starting with the Foxminers' 24, our task was to provide more power at lower costs. Foxminers is headquartered in Los Gatos, CA with offices around the globe. For more information see www.foxminers.com.

Contact:

Foxminers

Karen Meron, New Dawn Media Public Relations

818-422-4007; karen@ndawnm.com


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Foxminers via Globenewswire

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