Sea Sonic and HashFast Sign Deal To Power Next Generation of Bitcoin Mining Equipment

Stable, efficient power supplies lower costs in competitive mining.

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“We believe mining rigs should come complete with the best power supplies available” said HashFast CEO Eduardo de Castro. “The quality and reliability of the power supply has a critical effect on the performance of Bitcoin mining equipment."

San Francisco, CA (PRWEB) October 18, 2013

Sea Sonic Electronics Co. Ltd (‘Sea Sonic’) and HashFast Technologies LLC (‘HashFast’) announced today that they have signed an agreement for Sea Sonic to produce power supplies for HashFast’s Bitcoin mining systems.

The Baby Jet and Sierra mining units will be built using Sea Sonic power supplies, which are widely known for their industry-leading efficiency, quality and reliability. The highly stable output voltage from Sea Sonic supplies ensures the miners will consistently reach their maximum hashing performance. The very high efficiency of these supplies lowers the electrical costs involved in mining, and reduces the waste heat produced.

Tests of the Sea Sonic power supply show an incredibly stable output and longevity, even when machines are overclocked, enabling miners to generate more Bitcoin for their money.

“We believe mining rigs should come complete with the best power supplies available” said HashFast CEO Eduardo de Castro. “The quality and reliability of the power supply has a critical effect on the performance of Bitcoin mining equipment. It’s well known that Sea Sonic is a clear leader in the power supply industry, and their products are widely known for their build quality, efficiency and reliability. Their reputation for quality extends over nearly four decades.”

Sea Sonic President Vincent Chang agreed with the emphasis on quality, noting that “Quality is something that is of paramount importance to us at Sea Sonic. We have been in the industry for over 38 years and pride ourselves as being a leader in manufacturing highly stable, reliable and energy efficient power supplies.”

He further added that “It is an honor to support HashFast producing the highest quality and most efficient Bitcoin mining equipment possible. We look forward to a future in which our companies work together to provide the best possible products and services in the industry."

“It is a great honor to be working with Sea Sonic,” said de Castro. “We look forward to a long and fruitful relationship.”

ABOUT SEA SONIC ELECTRONICS CO.
Since the incorporation of Sea Sonic Electronics Co., Ltd. (“Sea Sonic”) in 1975, Sea Sonic has maintained the focus on research and development and the production of high quality and energy efficient power conversion products. For the past decades, supported by cutting edge technology based upon a strong research and development team, Sea Sonic has provided timely and professional solutions to meet many of the IT industry's requirements. More information can be found at: http://www.seasonicusa.com.

ABOUT SEA SONIC POWER SUPPLIES
Sea Sonic is the first power supply manufacturer in the industry to be awarded the 80PLUS® certificate which offers the newest technology and innovations for performance and energy savings with up to 92% efficiency and a true power factor of greater than 0.9 PF. With this wealth of experience in utilizing advanced technology and designing highly energy efficient power supplies, the solutions provided not only optimize the overall performance, but also bring better reliability and longer energy efficient product life. Sea Sonic products are also known to use quality components such as gold-plated high current terminals, solid capacitors, and Japanese sourced 105℃ capacitors to guarantee the quality of their products.

ABOUT HASHFAST TECHNOLOGIES LLC
Headquartered in San Jose, Calif., HashFast Technologies LLC (“HashFast”) is a fabless semiconductor company specialized in the production of high-performance ASICs at aggressive performance nodes for the network verification of digital currency transactions. HashFast’s mission is to make leading edge ASICs that push the performance envelope available to customers worldwide. The company was founded in 2013 by Simon Barber and Eduardo de Castro, and is privately held. More information can be found at: http://www.HashFast.com.

ABOUT HASHFAST BITCOIN MINING ASICS
Hashfast GN 28nm HPM Bitcoin mining ASIC was announced in July and taped out on schedule on August 28, 2013. HashFast’s Golden Nonce (GN) is a 28nm ASIC chip that performs 400 Ghash/s at nominal clock speed and consumes less than 0.65 W/GH. It can be underclocked for greater efficiency and overclocked for greater performance. The chip has on-die thermal controls to allow operation at its absolute maximum performance. This equipment is solely intended for use in commercial environments. Power consumption figures are from simulations, and may be +-20% in real silicon.


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