Tuesday 17 July 2018

Cryptocurrency acceleration hardware unveiled

KUALA LUMPUR, July 13 (Bernama) -- A new hardware component to improve efficiency and effectiveness of cryptocurrency mining known as Acorn has been unveiled.

Developed by Squirrels Research Labs, Acorn works in sync with GPUs to offload work that typically creates bottlenecks in mining. It performs the work much faster, resulting in an increase in overall mining efficiency.

Acorn requires the use of the free, multi-algorithm SQRL mining software -- SQRL Miner. The software combines the best parts of other mining software in one place and allows for quick-glance operation monitoring.

It is also designed to work specifically with Acorn and Acorn-accelerated CPU and GPU hardware, it can be used without Acorn hardware, a statement said.

Initially three models will be available -- CLE-101, CLE-215 and CLE-215+. Preorders begins today, with shipments in August.

The three models are priced to show a quick return on investment for GPU miners at US$199.99 (RM807.99), US$299.99 (RM1212.01) and US$329.99 (RM1333.22) respectively. (1US$ = RM4.04)

Squirrels president, David Stanfill said: "We developed a piece of hardware called Acorn that increases the effectiveness of existing GPU mining operations without adding a significant cost."

"We've created shared bitstreams, open specifications and open APIs. We're already seeing a thriving community and we're excited for what that will bring as it continues to flourish," he added.

More details on http://squirrelsresearch.com/

-- BERNAMA

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