The head of the Chinese mining giant Bitmain Wu Jihan (Jihan Wu) at the summit of the World Digital Mining in Tbilisi, announced the release of 7-nm processor on the basis of specialized integrated circuits (ASIC), the hash power and power efficiency which is much higher than previous models.

According to him, the chip BM1391 will be introduced in a new series of models of miners Antminer. It uses the SHA256 algorithm, based on the technology of 7-nm FinFET and can integrate over a billion transistors, however, providing a stable and more efficient devices. Wu said that during testing the ratio of consumed chip energy and mining capacity was 42 J/TH.

We will remind that two days ago, Bitfury Group has announced the release of a new generation of hardware for mining bitcoin under its recent developments – integrated circuits 14нм Clarke Bitfury ASIC, optimized for bitcoin mining on SHA256.