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.

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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