KnCMiner Plans 16nm Bitcoin Mining ASIC Launch in 2015
Cryptocurrency mining hardware designer KnCMiner is planning to deploy its next generation bitcoin ASICs in early 2015. The Swedish company announced that its upcoming Solar ASIC will be manufactured on the new 16nm FinFET node, allowing for significant performance and efficiency gains. In a statement, the company said that it would be relying on solutions developed by its engineering team, noting: "The 16nm process represents a step change in processing capability as we're using several proprietary techniques developed in-house to reach speeds an order of magnitude above today's levels."....
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Swedish mining hardware firm KnCMiner is deploying a new bitcoin ASIC it says will be a "game changer" for the industry. First announced last November, the 16nm Solar is six times faster than the company's previous 28nm design. Unlike conventional 'flat' chips, its components are stacked three-dimensionally to increase efficiency and processing speed. Sam Cole, KnCMiner's CEO, said in a statement: "We've produced four consecutive all-new chip designs in only two years, exceeding even Moore's Law and we see no signs of this development slowing down going forward." KnCMiner, which raised a....
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....
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....
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....
J-J's broken KnCMiner Super Jupiter. KnCMiner has started shipping a 3 TH/s Bitcoin mining box, the largest single Bitcoin ASIC miner in existence at the moment. The unfortunate part, though, is that none of these KnCMiner Super Jupiters arrived at their destination in one piece. KnCMiner has responded promptly on their forum, promising to ship new, properly constructed, units to affected customers, free of charge. KnCMiner also emphasized that customers needing to RMA their Super Jupiter would not have to pay return shipping on the existing $10,000 “machine” that was shipped to them; they....