So today in Georgia Jihan made his long awaited announcement. ( See Bitmain Web page ) The new 7NM ASIC from BM is coming. When? How Much? most importantly " How much better. Claiming 42 J/TH for the 7NM. Thoughts?
NEW MINING MACHINE WILL BE AVAILABLE SOON
New Chip Uses the 7nm Semiconductor Manufacturing Process and Will Greatly Improve Power Efficiency
BEIJING, P.R. China, September 21, 2018 Jihan Wu, CEO and co-founder of Bitmain Technologies Ltd. announced Bitmains next-generation ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm at the World Digital Mining Summit in Georgia today. Mr. Wu also revealed that Bitmain will soon launch a new generation of mining machines equipped with the BM1391 chip.
The new ASIC SHA256 algorithm acceleration chip carefully built by Bitmain uses one of the worlds most advanced semiconductor manufacturing technologies, 7nm FinFET. The ASIC chip integrates more than a billion transistors and is optimized for maximum efficiency. Thanks to its unique circuit structure and low power technology, it is stable and more efficient. Mr. Wu said tests have shown that the chip can achieve a ratio of energy consumption to the mining capacity that is as low as 42J/TH.
At his keynote speech at the summit, Wu Jihan said mass production of the 7nm chip will begin and be applied to the next generation of Bitmains Antminer machines, improving the new miners in various performance indicators, in terms of power and power consumption, and enabling outstanding performance.