ASIC Maker Seeks to Bring German Efficiency to Bitcoin Mining
Bitcoin mining startup CoinBau is looking to move aggressively into the hardware market with a new ASIC chip. CoinBau's chip, dubbed Wolfblood Extreme Efficiency, pulls roughly half the electricity necessary per gigahash - approximately 0.19 joules - compared to most options on the market, which range between 0.35 to 0.45 joules per gigahash. CoinDesk spoke with CEO Sebastian Krause and CTO Markus Winter, who explained that efficiency is going to be the key factor as the global bitcoin mining industry continues to scale. Data center headquartering is becoming increasingly common among....
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Bitcoin blockchain infrastructure provider BitFury Group has officially announced the mass production of the fastest and most effective 16nm Application Specific Integrated Circuit (ASIC) chip ever, that will bring unmatched energy efficiency to the Bitcoin network. Bitcoin mining requires heavy doses of electricity, which has compelled people to raise questions about the environmental impacts of the process. Bloomberg once called Bitcoin Mining a Real-World Environmental Disaster. Valery Vavilov, CEO of BitFury, said in the press release: "We are very excited to launch mass production of....
CoinTerra has announced the AIRE Miner, the company's first bitcoin miner based on 16nm silicon. The Texas-based mining hardware maker said the AIRE will deliver a substantial increase in efficiency and performance when it ships in the first quarter of 2015, as the chip will be one of the first commercial products based on 16nm technology. CoinTerra CTO Timo Hanke framed the offering as one that would benefit the wider consumer market, saying: "With exceptional hashing performance and power efficiency, we are ready to put the power of high performance bitcoin mining back into the hands of....
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card, which is scheduled for release on Feb. 25. Nvidia revealed that the new GPU software drivers are designed to detect specific attributes of the ether (ETH) mining algorithm, and limit the hash rate, or cryptocurrency mining efficiency, by around 50%. However, the software won’t limit the....
KnCMiner, a company, based in Sweden, has unveiled their new line of Solar chips which will have a 16 nm process. Currently, most updated chips run on a 20 nm process. 20 nm process chips can achieve the efficiency of .7 W per Gh/s. 16 nm chips are believed to improve the efficiency of mining tenfold, resulting in an efficiency of .07 W per Gh/s. With these specifications, a 1.4 KW miner that could be powered by a standard home outlet could mine at 20 Th/s. KnCMiner’s new chips are planned for launch in Q1 of 2015. With rapid improvements in ASICs, Bitcoin miners will need to continually....
Leading mining hardware manufacturer Bitmain has recently unveiled its latest mining rig: the Antminer R4. This machine aims to bring bitcoin mining back to the home. Available for purchase on August 29, Bitmain claims the launch will make the R4 one of the world’s most efficient bitcoin mining chip in the consumer market. Bitmain’s ‘Groundbreaking’....