Mining Giant Bitmain to Release New-Generation ASIC Chip

  • Alex Dovbnya
    📰 News

    Beijing-based mining behemoth Bitmain is going to release a new generation ASIC mining chip BM1391. Their new chip is designed for crypto based on the SHA-256 algorithm


Mining Giant Bitmain to Release New-Generation ASIC Chip

According to Bitmain CEO Jihan Wu, the Beijing-based mining behemoth is going to release a new generation ASIC mining chip BM1391. Their new chip is designed for cryptocurrencies that are based on the SHA-256 algorithm.

Bitmain states that the new chip is the most efficient up to date. Wu reveals that its energy consumption will not exceed 42J/TH.

The detailed characteristics of the new ASIC are yet to be revealed by the company. However, it is already confirmed that Bitmain is moving forward with the mass producing of the chip that will be powering the new Bitmain's Antminer series.

Cover image via u.today
Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings