“Of the 1200 units available to the general public, almost half have been reserved already and we’ve only been open for business for two days,” said a sales spokesman from their offices in Hong Kong. “We knew it would be hectic but nothing like this. We thought our shopping cart system was going to give up under the strain at the very beginning. The website slowed to a crawl under sheer weight of traffic, but we’ve managed to keep everything going so far and it’s looking like the rush is now slowing down to more manageable levels.”
Based on their own proprietary 14nm ASIC chip, the STA1220, the Vega Bitcoin Home Miner promises blistering performance coupled with cost effective power consumption, the combination of the two giving the new machine a 20% advantage over the nearest competition in the efficiency department, which of course translates directly into higher profits for the end user. The Vega is by no means the cheapest machine in the marketplace; its retail price of $1,895.00 is noticeably higher than that of the similar spec Bitmain Antminer S9, though once the increased efficiency is taken into account the price differential is rapidly swallowed up by the significantly reduced electricity overheads.
Syan say that the manufacturing process is on schedule and that the first batch of the new machines will be shipping to customers in mid to late January at the very latest. Batch 2 is confidently expected to follow soon after. They also have a SCRYPT mining machine in the pipeline but there are no details or specifications available as yet. With its ever-expanding catalogue of on-going projects – including a partnership with the government of Laos PDR aimed at the deployment of a hydroelectric-powered cryptocurrency mining facility – Syan Technologies looks set to become a major player in the field of cryptocurrency and coin mining.
Syan Technologies are a Hong Kong based designer and producer of digital currency mining machines and FinTech, currently focusing on the release of their Vega Home Currency Mining series. They comprise a dedicated and highly motivated team of designers, technicians and mathematicians of diverse backgrounds – from as far afield as California, London, Sweden, Russia and Vietnam – with just one thing in common; they aim to design and produce the most cost-efficient and durable ASIC mining machines in the world.
For further information please visit: www.syanmining.com
Media Contact
Company Name: Syan Technologies Limited
Contact Person: Samuel Cornwell
Email: Send Email
Phone: +852-2861-8794
Address:Yen Sheng Centre, 64 Hoi Yuen Rd.
City: Kwun Tong
State: Hong Kong SAR
Country: HongKong
Website: https://www.syanmining.com