Syan Technologies announce batch one opening date - Erie News Now | WICU & WSEE in Erie, PA

Syan Technologies announce batch one opening date

Posted:
The Vega Home Crypto Currency Miner, first machine in the forthcoming Vega range by Syan Technologies of Hong Kong, will be available for pre-order as of 9AM (GMT +8) on Monday 9th of October.

Syan expect to be taking delivery of the first batch of the new Vega machines - a total of 1700 - early in the New Year and to have deliveries underway before the end of January. However not all of the 1700 new miners are for retail sale as it is understood that approximately 500 have already been reserved in advance by a major corporate buyer for farm use. The remaining 1200 machines will be sold on a strictly first come, first served basis through the Syan website, www.syanmining.com. The retail price has been provisionally set at US$1,895.00.

Syan Technologies are newcomers to the currency mining business having only opened their Hong Kong design and development facility in February of this year. Their first breakthrough - the 14nm STA1220 ASIC chip - was announced last month along with its incorporation into the forthcoming Vega Home Bitcoin Miner, and they already have a SCRYPT-based version of the machine in the pipeline for Litecoin mining. The STA1220 chip uses advanced 14nm process technology to give significantly improved performance and economy figures over the more conventional 16nm chips built into most current mining machines. The Vega’s published efficiency ratio of 0.078 J/GHs is a good 20% better than its nearest competitor, the Bitmain Antminer S9, which comes in at a still impressive 0.098 J/GHs.

“We are anticipating sales to be brisk.” said an unnamed spokesman earlier today. “We’ve had a flood of enquiries already but we’re not opening the books for pre-sales until October 9th for the simple reason that we have an obligation to be one hundred percent certain of manufacturing and delivery dates before we make promises to prospective customers. We are however building a mailing list of interested parties and will be getting in touch with them on the run-up to opening day with further details. There’s still a lot of work to be done here but so far all is going to plan and on schedule, and we’re gearing up for an extremely busy time ahead.”

Syan Technologies are a Hong Kong based designer and producer of digital currency mining machines and FinTech, currently focusing on the forthcoming 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

 

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