Cryptocurrency Tech to Advance With These 3 Devices – Bitcoin News


Cryptocurrency Tech to Advance With These 3 Devices

As the digital currency ecosystem grows, software and hardware products surrounding it evolve with new, innovative concepts. Currently, technology is growing at exponential rates with people creating programs and gadgets that make life easier. There are a few modern creations that have recently been launched that should help the cryptocurrency industry advance its position. Here are three new devices that the crypto-environment should benefit from and continue its technological progression.  

Also read: Bitcoin’s ‘Apple Pay’ App with Ethereum Smart Contracts & Rebates

Three New Devices to Improve Cryptocurrency

Raspberry Pi 3

Cryptocurrency Four years ago in February of 2012, Raspberry Pi released its first model to the world. Since then, the company has sold over eight million units and its micro-computer devices have powered a multitude of concepts.

The launch of the Raspberry Pi 2 made the company’s product line become the UK’s best-selling computer and has sold three million units so far. Many people have gravitated towards using these products because they are very affordable and developer friendly. The Bitcoin community has been big fans of the Raspberry Pi products as well using the computers to run full nodes, build mining devices, and house applications and operating systems.  

4594276087The Raspberry Pi 3 has just been announced and is currently on sale for the same price ($35) as the Pi 2. The new device should bring more developing innovations to the cryptocurrency world with its new features. Pi 3 has 10X the performance of the original Pi 1 and is fully compatible with both predecessors.

The new gadget also has built-in wireless capabilities that could make it easier to operate full nodes and miners for longer periods of time. All of these new features would allow Bitcoin software to boot faster and run over its wireless connection continuously. Bitcoiners and tinkering developers alike will appreciate the fact that this version will outperform previous Pi’s and add more versatility to innovative concepts.

The First X11 ASIC Miner

ibelink-dm384m-x11-asic-miner-580x395Just recently a new product has entered the mining world for those in the altcoin community. The first X11 ASIC miner that mines the cryptocurrency Dash has been developed by Tiannengbo Group, a faction of high-tech businesses in China.

The iBeLink DM384M Dash miner is the first of its kind being able to mine the X11 hashing algorithm at 384 MHS. The product is an alternative to GPU mining Dash and may change the entire playing field for certain digital currencies.

The new ASIC miner comes from the company and was also one of the first businesses to introduce a dual Bitcoin and Litecoin rig. This device is priced at over $2,000 USD and the creator of the DM384M says he is pleased to launch this new line of miners to the public. Additionally, the X11 miner has received its first review from a customer that was quite positive. The forum thread called  “iBeLink DM384M ASIC is real” said the device performed just as the specs said it would, and the customer was mining “approximately 0.15 BTC a day,” in Dash.

Samsung 15TB SSD

15.36tb-ssd_02-100648266-primary.idgeKorean-based tech company Samsung has started shipping the world’s largest capacity Solid State Drive (SSD). Samsung’s new unit can store over 15 Terabytes of data and is under warranty for over five years.

Bitcoin users could easily house the current blockchain on this device, which is roughly 58GB in size and hold its growth for quite some time. The distributed ledger has continued to get larger, and many believe devices like this will significantly help with storage.

Samsung’s device is only 2.5 inches, and the company says its performance sets the bar within the SSD environment. Not that this method will put scaling discussions to rest, but it is good to know that there is technology out there that will be able to maintain a full copy of the blockchain for years to come.

Technological Improvements Will Continue to Help Bitcoin’s Growth

Technology and innovation will continue to reinforce the cryptocurrency landscape by providing new tools to maintain its architecture. Over the next few years, we will see an extraordinary level of advancement with these digital currency concepts intermingled with emerging hardware. Companies like 21inc and others see great potential with these innovations and are using these emerging technologies to build its product line. The digital revolution is getting bigger and bigger every day and cryptocurrency solutions will be a significant part of its evolution.

What do you think about these new products? Will they help the cryptocurrency environment? Let us know in the comments below! 

Tags in this story
Blockchain storage, Full Nodes, Miners

Images courtesy of Raspberry Pi, Samsung,, and Pixbay

Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

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