Video with more on the technology and background on the team:

- https://www.youtube.com/watch?v=C75VvJ980Ko&t=746

Transcript:

Tom: "I just want to share a little bit of the excitement we have around using Unipolar technology to solve in Bitcoin minng."

"We started work on Unipolar to see if we could come up with a way of using just N-Channel transistors instead of both N-Channel and P-Channel as normally what is used in CMOS."

"So I came up with a circuit.  We started simulating that circuit in SPICE with a variety of technologies. We wanted to see if we could generate the benefits of using just one kind of transistor.  After we simulated it we made several observations about our results.  The first was that fewer transistors were required, particularly for complex gates.  So that meant that the area could be reduced a little bit because we don't need such a large area when there are fewer transisters.  Then we noticed with a smaller area the metal line links would be reduced.  Now metal lines are currently, in state-of-the-art technologies, the biggest factor for delay.  And [a smaller area] can speed things up quite a bit. Further it reduces the amount of power because each line is shorter and needs less charge to charge it up or to discharge."  

"So there's a reduced load on each signal.  We noticed that with transistors you don't have to go to both the P and N transisters you can go with just one type of transistor, the N-Channel. So that cuts the load in half. So that's a very significant reduced loading on every signal.  We continued doing simulations and found that there was a reduced voltage swing retired.  With CMOS you have to go rail-to-rail.  With Unipolar you have to go over the threshold a little bit and back under the threshold a little bit. So all you need is a design margin around the thresholdd.   Further we noticed, when we started putting this together in a whole system, that the clock frequency, for an apples-to-apples comparison of the circuits, can be increased by at least 10X."

"Then we looked at how much power, if you roll all these factors together, how much power we can have.  One other thing we noticed is that a lot of the circuitry can be eliminted.  We don't need all of the gates you would ordinarily need for CMOS and circuitry.  We can get by with about 70% less.  So we only need about 30% of the circuitry.  So with 30% of the circuitry, reduced metal lines, reduced loading -- we come up, generally speaking, expecting 20% of the power that would typically be required for Bitcoin Mining.  Now in Bitcoin Mining one of the biggest issues is how much power it takes to do any given hash and this is going to cut that power by over 80%."

Erik: "We are currently planning to build the world's largest Bitcoin mining facility in Norway.  This is a 150 megawatt facility, which is an enormous amount of energy.  The electricity is already installed in the building, ready to plug in our miners once they are operational. Since our miners are 80% more power efficieant, it means that in our single facility we will be mining Bitcoins equivalent to a 750 megawatt facility, which gives us a tremendous competitive advantage just in energy savings."

"This is why we can offer you a token with the hash power that we are offering at such a low price, with no strings attached.  This is what you pay, no maintenance fees, and no extra or hidden costs."

Post on /r/BitcoinMining:

- https://www.reddit.com/r/BitcoinMining/comments/7idxqc