⛏ Squire Mining rolled out new ASIC chip with 1.5x hash rate

Squire Mining Ltd.’s ASIC prototype has a hash rate 1.5 times faster than most commonly used crypto miners on the market, but with 50 percent lower energy consumption. The test involved a working prototype mining system microchip that will be re-designed as a 10nm ASIC chip for mining bitcoin cash ($BCH) as well as altcoins using SegWit technology.