Daily Archives: March 15, 2019

High Powerful Cryptocurrency Miners Released

LUXEMBOURG / ACCESSWIRE / March 15, 2019 / OnMiners S.A (www.OnMiners.com) is pleased to announce the official launch of their powerful endothermic cryptocurrency mining rigs with features to take the global crypto mining space by storm. The company informs that their just launched multi-algorithm miners offer the biggest hash rates available in the market, while minimizing power consumption, noise, and heat generation.

OnMiners currently offers three mining rigs viz. On2U, On4U, and OnTower, all capable of mining Bitcoin, Litecoin, Ethereum, Monero, Dash, and Zcash. All these units come pre-configured, allowing users to start mining immediately just by plugging in.

Hash rate is the most important factor to take into account while choosing a crypto mining rig. In simple words, it can be defined as the speed at which a given mining machine operates. A higher hash rate is always preferred by the miners because it increases their opportunity of finding the next block and receiving the reward. Mentioned below are the hash powers of the three products at a glance.

Hash Power

On2U: 140 TH/s for Bitcoin, 38 GH/s for Litecoin, 5 GH/s for Ethereum, 230 KH/s for Monero, 1.3 TH/s for Dash, and 1.1 MH/s

On4U: 270 TH/s for Bitcoin, 75 GH/s for Litecoin, 9 GH/s for Ethereum, 450 KH/s for Monero, 2.5 TH/s for Dash, and 2.1 MH/s

OnTower: 1620 TH/s for Bitcoin, 450 GH/s for Litecoin, 54 GH/s for Ethereum, 2700 KH/s for Monero, 15 TH/s for Dash, and 12.6 MH/s

The importance of hash power was taken into consideration by OnMiners while designing their three miners. The result is the creation of three products with hash rates that are second to none in the market.

Power Consumption

Another key attribute of the three miners from OnMiners is their endothermic nature. Making use of the latest endothermic chip technology, OnMiners ensures that their products are capable of absorbing heat energy from the surroundings rather than releasing the same. As a result, these miners have a significantly lower energy consumption compared to all available alternatives in the market. The power consumption of the On2U and On4U units are 600W±7% and 1200W±7% respectively. Being a combination of six On4U Units, the power consumption of OnTower is six times that of the On4U miners.

Other Key Features:

*Comes pre-configured, so the customer only needs to plug in and start mining 
*Original OnMiners air cooling noiseless system 
*Network Connection: Ethernet and Wi-Fi 
*One year warranty 
*Use of 7 nm endometric chip 
*Noise level of 18db and 20 db for On2U and On4U units 
*Compatible with universal sockets 110v-240v 
*Delivered all over the world except for the countries in the war zone

”The global market has seen lots of mining farms closing down their operations in the recent months. With the release of our new products, investors now have a great opportunity to get back on business with higher profitability than ever before,” said Hisao Saito, the CEO of OnMiners.

At the current difficulty level and price, their three miners from OnMiners were designed to deliver 100% return on investment within approximately a month. The launch of these miners certainly creates a win-win situation for the crypto mining investors because they will now be able to run a mining rig or even an entire mining farm without the need of hiring qualified personnel.

To find out more about OnMiners and their products, please visit https://www.onminers.com/

About

OnMiners is a company founded by a group of investors that have invested in the new generation of Endothermic Multi Algorithm CHIP. Their goal is to deliver cryptocurrency miners that are powerful, but have lower power consumption. Utilizing the endothermic chip technology, OnMiners offers a comprehensive range of mining rigs that are easier to set up, release less heat compared to others, and save energy bills for the users.

Contact:

Lucie Weber
lucie@onminers.com
+352 27 86 12 84

SOURCE: OnMiners S.A

Good Vision Glasses promotes optical care services

Lilongwe, As one way of providing visual basic care in the country, a Lilongwe based German Non-profit-organization, Good Vision Glasses opened optical unit shop at Lifestyle pharmacy.

Country Director of Good Vision Glasses, Ganizani Malata disclosed this Wednesday to Malawi News Agency (Mana) in Lilongwe that the shop is aimed at providing optical centres for people who are in need of affordable eye services.

We intend to open optical care stores in various pharmacies as store-in-store optical units within and outside the city for the general public to access affordable eye care services, he said.

Malata said the organization has been conducting commercial outreach in various communities in the country so that people could get tested and purchase high-quality as well as affordable prescription and reading glasses at low prices.

Good Vision Glasses are made out of non-allergic and extremely duration spring steel wire and are locally manufactured by Malawians, using and award-winning German technology that allows for instant assembly and fitting he said.

The Country Director pointed out that these glasses are distributed via a network of staff trained in optometry by German opticians, based on a curriculum certified for Medical Council of Malawi (MCM).

The Organization is continually seeking to expand cooperation’s with hospitals, pharmacies, medical aid schemes and aid organizations. The aim is to cover the whole Malawi within the next five years.

An Area 18 resident, Shyreen Soko 21, who had an eye test, said it was vital for everyone to have proper eyesight test for them to gain a living and participate in social life.

She said the organization offers a complete and thus unique solution for providing basic care in the country.

It encompasses local production, education, vision test at no cost as well as instant assembly and fitting of durable, appealing glasses in different colors, sizes and at varying pupil distances including provide lens replacement as it becomes necessary, Soko pointed out.

Good Vision Glasses started its operation in the country in 2014 with headquarters in Zomba and it is a trademark of one Dollar Glasses Limited, non-governmental organization, providing visual impairment correction services in developing countries.

Good Vision Glasses estimates that around 15 per cent of people living in the country need affordable eye glasses.

Source: MANA Online

Malawi’s economic outlook favourable-IMF

Lilongwe, The International Monetary Fund (IMF) has given a positive economic outlook for Malawi after conducting discussions with the Malawi Government on the second review of the three year arrangement under the Extended Credit Facility (ECF) amounting to US$112.3 million.

Mission Chief for Malawi, Pritha Mitra told journalists at Capital Hill in Lilongwe that Malawi’s performance under the program has been good in spite of Malawi missing end December fiscal target balance which it attributed to front loading of budgeted expenditures and increases in spending to hold elections.

She further urged the government to focus on actions to ensure fiscal sustainability with particular focus on debt management and public financial management including undertaking regular bank reconciliations among others.

These are all critical to overall improve the efficiency of how public finances are run and to achieve one of the objectives under the IMF program which is to gradually reduce the debt to GDP ratios.

One way of reducing the debt is improving revenues and spending that really enhances growth. Those two strategies together would result in low budget deficit and gradually over time the deficits will be reduced and probably even have surpluses, she said.

According to IMF figures, Malawi’s economic growth is projected to reach 5 percent in 2019 due to a rebound in agriculture and some improvement in electricity generation while inflation is expected to drop to around 8 percent at the end of 2019 and to 5 percent in the medium term.

However, Minister of Finance Goodall Gondwe said the government has decided not to complete the discussions because it will inject further expenditure into the budget to carter for the crisis in Lower Shire, but was optimistic that the government would complete the discussions under the ECF.

We are doing quite well. We started very badly in 2014. We have managed to clean up all the disaster that befell us because of cash-gate. I think that is behind us now as far as figures are concerned. If we had not had bad climatic episodes, we would even have done better, said Gondwe.

The ECF provides financial assistance to countries with stretched balance of payments problems created under the Poverty Reduction and Growth Trust.

The discussions under the second review will continue in the weeks ahead including at the IMF’s Spring Meetings from April 12 to 14 in Washington D.C. according to the IMF team.

The IMF team has been in Malawi since March 5, 2019.

Source: MANA Online

Grace Foundation donates to elderly people

Lilongwe, Grace Foundation recently donated 10 bags of 50 kilograms of maize and other assorted items worth K250,000 to more than 50 elderly people from Ngongola Village, Traditional Authority (TA) Tsabango in Lilongwe.

The organisation made a similar donation comprising clothes, laundry soap and K250 each for milling to 30 elderly people at Sinyala village, TA Masumbankhunda, Malingunde in the district.

Speaking with Malawi News Agency (Mana), the organization’s Chairperson, Diana Winga said the donation was in line with the organization’s goals of helping needy children, orphans, women and girls, people living with HIV and Aids and the elderly.

As we know that people have not yet harvested their farm produce like maize, we decided to assist these elderly people with maize to reduce the challenge of hunger in their homes during this lean period, Winga said.

She added that the organisation is targeting the elderly because most of them are left with the responsibility to look after orphans while some are too old to look after themselves.

One of the elderly people, Alena Thole 81, who has five grandchildren, thanked the organisation for their support and initiative in helping others.

We eat once a day due to food shortage but this support will help us enjoy two meals a day and it will help us ease the hunger problem we face on daily basis, she said.

In a separate interview, Ngongonda village head urged other organizations to learn from the gesture shown by Grace Foundation.

The donation given to the needy people will help them survive the food shortage, Ngongonda said.

The organisation which is based in Lilongwe, is planning to build houses for the elders and provide scholarships to underprivileged students in the areas within the district as a way of keeping children in school.

They will also visit various primary and secondary schools across the country to inspire them with assorted items such as writing materials besides providing them with school fees and encouraging children to work hard in school.

Grace Foundation was founded in 2016 to assist the needy, including the elderly people.

Source: MANA Online

Grace Foundation donates to elderly people

Lilongwe, Grace Foundation recently donated 10 bags of 50 kilograms of maize and other assorted items worth K250,000 to more than 50 elderly people from Ngongola Village, Traditional Authority (TA) Tsabango in Lilongwe.

The organisation made a similar donation comprising clothes, laundry soap and K250 each for milling to 30 elderly people at Sinyala village, TA Masumbankhunda, Malingunde in the district.

Speaking with Malawi News Agency (Mana), the organization’s Chairperson, Diana Winga said the donation was in line with the organization’s goals of helping needy children, orphans, women and girls, people living with HIV and Aids and the elderly.

As we know that people have not yet harvested their farm produce like maize, we decided to assist these elderly people with maize to reduce the challenge of hunger in their homes during this lean period, Winga said.

She added that the organisation is targeting the elderly because most of them are left with the responsibility to look after orphans while some are too old to look after themselves.

One of the elderly people, Alena Thole 81, who has five grandchildren, thanked the organisation for their support and initiative in helping others.

We eat once a day due to food shortage but this support will help us enjoy two meals a day and it will help us ease the hunger problem we face on daily basis, she said.

In a separate interview, Ngongonda village head urged other organizations to learn from the gesture shown by Grace Foundation.

The donation given to the needy people will help them survive the food shortage, Ngongonda said.

The organisation which is based in Lilongwe, is planning to build houses for the elders and provide scholarships to underprivileged students in the areas within the district as a way of keeping children in school.

They will also visit various primary and secondary schools across the country to inspire them with assorted items such as writing materials besides providing them with school fees and encouraging children to work hard in school.

Grace Foundation was founded in 2016 to assist the needy, including the elderly people.

Source: MANA Online