Spondoolies-Tech Promises More Power-Efficient Mining

Spondoolies-Tech Promises More Power-Efficient Mining

An Israeli company launched a bitcoin mining system this week that promises to eventually double existing power efficiencies. Spondoolies-Tech is touting mining rigs that will offer up to 2.1 TH/sec per kilowatt of energy today by the summer. The company has designed an ASIC chip that it says can achieve a similar performance to the design currently used by ASIC mining manufacturers such as Cointerra. The difference, says Spondoolies-Tech cofounder Guy Corem, is the process node. Cointerra uses a 28nm (nanometer) ASIC chip design, whereas Spondoolies-Tech uses a 40nm design. The process....


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