Crypto mining equipment manufacturer Goldshell has announced that it will launch a new line of mining rigs designed specifically for home use in Asian markets.

Fast Facts:

  • The company’s new machines are smaller and quieter than its previous models, and do not require a connection to a central computer — only a network cable and a power source. Goldshell claims that their electricity consumption is relatively low, reducing costs and environmental impacts.
  • The company has, however, faced criticisms over the efficiency of the machines, with at least one user asking if they are worth buying for a daily return of as little as US$0.60.
  • Crypto mining machines use semiconductors, of which there currently a global supply shortage caused partly by Covid-19 and a resulting surge in demand for processing power as remote working has become commonplace.