Coinbau is a company set up to establish a mine using ASICrising hardware. It is a German incorporated company, selling shares. CoinBau produces its own hardware, avoiding any margins for hardware developers.

CoinBau’s chip, dubbed Wolfblood Extreme Efficiency, pulls roughly half the electricity necessary per gigahash – approximately 0.19 joules – compared to most options on the market, which range between 0.35 to 0.45 joules per gigahash.

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