Coinbase’s Startup Presents Home Miner for $799

Coinbase-backed crypto startup Coinmine has presented its own home miner that is called Coinmine One sells for $799.

Coinmine is crypto company that previously raised $2 million from such giant crypto companies as Coinbase and Arrington Ventures.

According to the information from official website, Coinmine One has Intel Celeron Processor J Series, Dual Core, 14nm. RAM will have 8 GB DDR4 and GPU is AMD Radeon RX570, 4 GB, WINDFORCE 2X Cooling System, Memory Clock Speed 7,000 MHz.

Here’s the details of Coinmine’s device power:

Thus, Coinmine One won’t be effective for Bitcoin (BTC) mining.

The founder of Coinmine says that the main idea of his company is to democratize access for mining in a fun & approachable way that almost feels like playing a video game.

Coinmine start shipping in December.

Earlier, mining en­ter­prises in the Chi­nese provinces of Xin­jiang and Guizhou sus­pended their work during the tax audit.