Bitmain admits a new generation of ASIC chips 7-nm for bitcoin mining (SHA256)

Bitmain co-founder and chief executive, Cihan Wu, announced the release of a new generation of ASIC chips – BM1391 at the summit in Georgia.

In addition, it was announced that Bitmain will launch a new generation of mining equipment , equipped with BM1391. New Antminer machines, produced by Bitmain, will have a 7-nm chip.

According to Bitmain, the new chip is stable and more efficient due to its unique structure and technology with low power consumption.

@JihanWu of just announced Bitmain's new 7nm ASIC BM1391 to mine #BitcoinCash #Bitcoin , at #miningconf in Tbilisi, Georgia; informed that mass production and the next #Antmimer coming soon! Learn more here: https://t.co/Zp8mdsQlOr

– BITMAIN [Not giving away ETH] (@BITMAINtech) September 21, 2018

In his main speech at the summit, Cihan said that the mass production of the 7 nm chip will begin and will be applied to the next generation Antminer from Bitmain, improving performance in various performance indicators.

A few days ago, another mining giant Bitfury announced the release of a new bundle of equipment for mining and a new 14nm Bitfury Clarke ASIC chip designed for bitcoin mining (SHA256) . The hashing capacity is up to 120 gigahets per second (GH / s), the energy efficiency factor is only 55 miljoules per gigache (mJ / GH).