The Lokotech goal is to offer a Scrypt miner with a higher hash rate, lower power consumption (0.099 J/MH) and lower price than competitors.

Harmonychain develops proprietory blockchain software (Scryptpool mining software in closed alpha + cryptocurrency IPR) and hardware (Scrypt ASIC R&D in Lokotech AS + data center in Arctic Core AS).

The design of the ASIC has been improved so that it is now more power efficient. Preliminary simulation shows a performance of as much as 9.95MH/s per 0.984 Watt, which corresponds to only 0.099 Joules per Megahash (0.099 J/MH). This is more than 10 MH per Joule. This is significantly more power efficient performance than any other Scrypt computer that exists today, including Bitmain’s L7. This means that potential customers can operate significantly more miners on their available power capacity. The goal is to offer a product with a higher hash rate and lower power consumption at a lower price than what is available on the market today.