Bitmain Announces Next-Generation Antminer Equipped With 7nmChip

Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip

Mining

At the World Digital Mining Summit in Tbilisi, Georgia the blockchain firm and mining manufacturer, Bitmain Technologies, announced a new Antminer will be launched soon equipped with 7nm semiconductor technology. The firm’s CEO Jihan Wu reported that Bitmain’s next-generation ASIC BM1391 Finfet chip integrates more than a billion transistors for optimal SHA256 mining performance.

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Bitmain Announces the Production of New Antminers With 7nm Technology

Bitmain Announces Next-Generation Antminer Equipped With 7nm ChipOver the past few months, a slew of new SHA256 mining rigs and new semiconductors have been revealed to the public. New mining rig models with far better performance and efficiency are being manufactured by GMO Group, Canaan, and other companies. Bitmain Technologies has been releasing new miners, but most of them have been for different consensus algorithms and not SHA256. The last Bitcoin (SHA256) miner the company revealed was a new water-cooled Antminer that focuses more on operation longevity. On Friday, the firm’s CEO Jihan Wu made an announcement at the World Digital Mining Summit in Tbilisi, Georgia, revealing the next Antminer is coming soon.

On stage, Mr. Wu explains that Bitmain has created a new 7nm semiconductor that integrates more than a billion transistors called the BM1391 chip. According to the company the 7nm Finfet design is built for maximum efficiency. Mr. Wu emphasizes the new model creates a circuit structure that can process a significant hashrate while keeping low energy at the same time. According to BM1391 tests, Bitmain notes the ratio of energy consumption to the mining capacity is as low as 42J/TH.

Bitmain Announces Next-Generation Antminer Equipped With 7nm Chip
Bitmain CEO Jihan Wu announces the manufacturing of new Antminers equipped with 7nm chip technology at the World Mining Summit in Tbilisi, Georgia.

Blockchain Innovation Bolstering Hardware and Software Acceleration

Mr. Wu also detailed during his keynote speech at the summit, the firm will begin mass production of the new 7nm equipped Antminers. The Bitmain CEO explains he is a big believer in blockchain technology and as “applications continue to develop, the industry’s market capitalization as a whole will drive growth.” This, in turn, produces better data processing, and hardware and software acceleration tethered to this innovative protocol, Mr. Wu explains at the summit. Mr. Wu notes the competitive process Bitcoin has unleashed on the mining industry in particular.

Mr. Wu declared on stage at the summit:

Even if someone makes a better chip in the future, we will make a better one. Bitmain will continue to develop the best ASICs in the world.

As we mentioned above, there’s been a bunch of new chips and SHA256 mining rigs announced this year, and just recently we also reported on the significant demand for 10nm and 7nm semiconductors. Limited availability has made 10nm and 7nm chips harder to obtain, but it seems Bitmain has been able to gain access to the next generation 7nm tape out process with one of the large foundries. For instance, the recently announced Whatsminer M10 uses older 16nm chips, but still claims the machine can process upwards of 30+TH/s. Just yesterday the blockchain firm and mining company Bitfury detailed the launch of a 14nm chip using older generation semiconductor technology.

Overall the introduction of new chipsets and mining rigs from various manufacturers, and the new Antminers with 7nm technology, the competition should increase the Bitcoin protocol’s SHA256 mining security and decentralization at the same time.

What do you think about the latest announcement from Bitmain Technologies? Let us know what you think about this subject in the comment section below.


Images via Shutterstock, Twitter, and Bitmain Technologies.


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New 7nm Bitcoin Mining Equipment From Triple-1 Co. Ltd.

Besides Canaan Creative, Bitmain, Innosilicon, & GMO Internet, another company is working on producing 7nm mining equipment. Triple-1 has been working on its 7nm bitcoin mining chips and expects to start shipping the equipment in November, shortly after GMO (a fellow Japanese ASIC Manufacturer)  expects to start shipping its 7nm miners.

Developing 7nm Mining Equipment

Triple-1 Co. Ltd., a Japanese company established in November 2016 and headquartered in Fukuoka, engages in ASIC chip development and cryptocurrency mining farm construction. The company began looking into developing 7nm bitcoin mining chips in February last year.

This week, Triple-1 confirmed that it has completed “the silicon wafer, the sample-chip, the sample-board and the prototype-unit of the mining [7nm] ASIC chip ‘Kamikaze.’”

A representative of the company told news.Bitcoin.com, “we have been conducting a verification of the function as well as the efficiency on the sample-chip and prototype unit,” adding that the company’s “partner foundry is TSMC Co. Ltd. (Taiwan).”

The power efficiency of Triple-1’s 7nm chip is listed at 0.05W/GH, which the company claims, reduces power consumption by at least 50 percent over a conventional 16nm chip.

The Kamikaze chip is the same size as conventional chips, but with a circuit density 5.2 times greater, the company claims, which boosts each chip’s performance to 300GH/s or more.

Triple-1 president and CEO, Takuya Yamaguchi, commented, “Although mining capacity is more than four times that of conventional products, power consumption is expected to be halved at maximum.”

Delivery Schedule

According to Triple-1’s development schedule, the sample 7nm mining unit is expected to be completed at the end of September. Mass production of Kamikaze chips is slated to start in the middle of October with the mining units delivered by the end of November.

Yamaguchi told the Sankei Shimbun:

We plan to ship samples in August and mass-produced items from October, and aim for 10 million chips per month in FY 2019.

In June, GMO Internet also unveiled its 7nm bitcoin mining chips and mining rigs. The company now has two models of its 7nm bitcoin miners, B2 and B3. Both are expected to ship at the end of October.