Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020 - Bitcoin News |
| Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020 - Bitcoin News Posted: 26 Dec 2019 03:22 PM PST  Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world's first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass production next year. The firm Canaan also recently announced that the company will have access to 5nm semiconductors by Q1 2020. Also Read: Mining Report Shows 65% of Bitcoin's Hashpower Stems From China TSMC's 5nm Process Is Ahead of the GameLast January, the Taiwan Semiconductor Manufacturing Company (TSMC) reported at its annual conference that the company's 7nm node (N7) was operating under capacity. On top of all this news, next-generation computer makers, iPhone distributors, and bitcoin mining rig manufacturers sought 7nm chips in mass quantity this year creating massive demand. TSMC expected revenue to increase slowly in 2019, but the last two quarters saw better revenue performance than expected. Despite the issues with the company's 7nm process, TSMC has continuously signaled confidence in its 5nm (N5) process roadmap.
In December, at the IEEE IEDM Conference, the firm discussed its 5nm process in high regard alongside Intel's slideshow describing 2nm and 1.4 nm chips by 2029. TSMC noted huge differences between the 7nm and 5nm process as the 7nm yields just a touch below 100 million transistors per square millimeter (mTr/mm2). The 5nm technology has shown an average yield of 80%, with a peak yield per wafer of 90%. The Taiwan foundry's 5nm test chips had shown a die size of 17.92 mm2.  Coming Soon: Bitmain and Canaan 5nm Equipped Bitcoin Mining RigsFollowing the details about TSMC's 5nm process, two of the largest bitcoin mining rig manufacturers in the world revealed that they would soon be equipped with TSMC's 5nm chips. Local reports from China disclosed that the company Bitmain Technologies has completed the first 5nm test-grade bitcoin mining chips. At the moment, Bitmain products use TSMC's 7nm process for the latest 2019 Antminer versions. In October, Bitmain's CEO Jihan Wu discussed the 5-nanometer technology at the World Digital Mining Summit held in Frankfurt. Various sources have said that Bitmain will be equipped with 5nm by early 2020 and products are set for mass production.
Following discussions concerning Bitmain's upcoming ASIC rigs, regional reports revealed that Canaan will also have 5nm chips by the first quarter of next year. The 5nm chips will improve performance by 15% and the wafers will stem from the Taiwan-based semiconductor foundry. However, Canaan is a Chinese mining rig manufacturer that purchases semiconductors from both Samsung and TSMC. 8btc editor and reporter Vincent He stressed that Canaan was one of the first companies to reveal its 7nm test-grade mining chip before lots of companies announced use of the semiconductors. The report further detailed that the cofounder of Canaan said that the firm will "have a greater grasp of the supply chain and more capital investment after going public."  The news of both Bitmain and Canaan steadfastly working to produce mining rigs equipped with next-generation 5nm chips shows how fast the mining industry is growing. With the 7nm process alone in 2019 mining devices have improved a great deal as far as efficiency is concerned. News.Bitcoin.com recently reported on how 2019's bitcoin miners are 5x faster than predecessors. If it's true that both companies are planning to produce 5nm equipped models in early 2020, then other manufacturers like Microbt, Innosilicon, and Ebang will likely follow suit. What do you think about Bitmain and Canaan possibly producing 5nm equipped bitcoin mining devices in early 2020? Let us know what you think about this subject in the comments section below. Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Image credits: Shutterstock, Extremetech, Anandtech, Bitmain, Canaan, TSMC, Wiki Commons, Fair Use, and Pixabay. Did you know you can earn BTC and BCH through Bitcoin Mining? If you already own hardware, connect it to our powerful Bitcoin mining pool. If not, you can easily get started through one of our flexible Bitcoin cloud mining contracts.   |
| Top 3 Bitcoin Mining Profit Calculator - CryptoTicker Posted: 26 Dec 2019 07:18 AM PST  Bitcoin mining is one of the most profitable methods in the world of BTC. Bitcoin mining is the process of producing or somewhat getting bitcoin currency. Unlike fiat currency that is assigned when more is needed, bitcoin cannot solely be wished into a reality but has to be mined through analytical methods. Bitcoin maintains a public ledger that includes prior transactions, and mining is the method of attaching new transactions to this ledger. The important question is how much money one can make from mining Bitcoin? This post is giving the list of top 3 Bitcoin mining calculators. What is Bitcoin Mining Profit Calculator?The Bitcoin mining calculator calculates the Bitcoin (BTC) mining profitability in realtime by using hash rate, power dissipation, and electricity expense. Users can configure and input particular parameters to suit the circumstances and calculate the mining profitability. CryptoCompare Bitcoin Mining Profit CalculatorHere, users have to insert hashing power, power dissipation, electric prices/KWh, and the mining pool price. After entering all these data the calculator gives the output. The output is displayed in profit ratio per day and month and how much Bitcoin users have mined over time and their current electricity power prices.  Bitcoin Mining. Image Source: CryptoCompare Established in 2014, CryptoCompare is a cryptocurrency market data provider. It gives users access to real-time pricing data of more than 5000 coins and 240,000+ currency pairs. BitcoinWisdom Bitcoin Mining Profit Calculator Bitcoin Mining Image Source: BitcoinWisdom BitcoinWisdom Bitcoin Mining Profit Calculator calculates profit of average complexity. There are many parameters that users can configure. It includes complexity increments, electricity cost, pool price, hash rate, hardware cost, hardware capability, commencement date, distribution price, setup price, and support price. It also includes Litecoin mining calculator. BTC.com Bitcoin Mining Profit Calculator Bitcoin Mining Image Source: BTC.com The BTC.com Bitcoin mining profit calculator allows users to select the currency, hash rate, power application in watts, electric prices, Bitcoin price, beginning complexity, and complexity development. After entering all the data this calculator displays results for the entire profit, total income, price/TH, return on expense and much more. ConclusionThe calculated results and costs based on hashrates are rather accurate. However, many users normally neglect the difference in their real GPU hash rate. GPUs are not produced equivalent and should be independently examined because hash rate per card, even if they originate from the same company, can fluctuate.  Nexo - Your Crypto Banking AccountInstant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance. Ad This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :) Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets. Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.  You might also likeMore from Bitcoin News |
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