CoinFac Limited, a technology company, has recently introduced the next generation quantum computing technology into cryptocurrency mining, allowing current Bitcoin and Altcoin miners to enjoy a 4,000 times speed increase.

Quantum computing is being perceived as the next generation of supercomputers capable of processing dense digital information and generating multi-sequential algorithmic solutions 100,000 times faster than conventional computers. With each quantum computing server costing at an exorbitant price tag of $5 Million - $10 Million, this revolutionary concoction comprising advanced technological servers with a new wave of currency systems, brings about the most uprising event in the cryptocurrency ecosystem.

“We envisioned cryptocurrency to be the game changer in most developed country’s economy within the next 5 years. Reliance of quantum computing technology expedite the whole process, and we will be recognized as the industry leader in bringing about this tidal change. We aren’t the only institution fathom to leverage on this technology. Other Silicon big boys are already in advance talks of a possible tie up”, said Mike Howzer, CEO of CoinFac Limited. “Through the use of quantum computing, usual bitcoin mining processes are expedited by a blazing speed of 4,000 times. We bring lucrative mining back into Bitcoin industry, all over again”.

Google, NASA and Microsoft have been in close talk with the developers of a possible integration using quantum computing into their existing products and platform.

Established in 2016, CoinFac Limited is owned by Palantir Technologies Incorporation, a private American software and services company, specializing in data analysis and technological software research. Founded in 2004, Palantir is currently the top 30 most valuable companies in Silicon Valley with a valuation of $15 Billion reported in 2015.

With the ability to mine cryptocurrency at an unbeatable hashing speed of 280,000 GH/s, CoinFac is set to achieve stellar revenue in the Asia Pacific region and possibly across vast general Bitcoin miners.

“With our strong and unique solution we are offering, we are set to breached the $50 Million USD by the end of this fiscal year,” said Howzer.