Bitmain has announced a new 7-nm ASIC and

Bitmain has announced a new 7-nm ASIC and

Just a few days after Bitfury has announced a new 14-nanometer chip called Bitfury Clarke, another giant mining industry – Bitmain has announced their development of a new 7-nm chip for ASIC-s.

The announcement was made the General Director of the company is Jihan Wu, the world summit Digital Mining in Tbilisi.

According to Wu, a chip designed for cryptocurrencies based on the SHA256 algorithm. At the same algorithm works and bitcoin.

The chip was codenamed BM1391 and its production uses advanced production technology of semiconductors called 7nm FinFET, combining “more than a billion transistors” and optimized for energy efficiency. Wu said that during the tests the ratio of energy consumed to mining facilities amounted to 42J/TH.

Detailed specifications of the new ASIC-s is still unknown. But Bitmain said that mass production will begin in the very near future.

Recall that last week Bitfury has announced its 14-nanometer chip Clarke and said that the chip “offers the high performance and unmatched efficiency.”

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