Crypto Mining Giant Bitfury Group Develops New Bitcoin Mining Hardware

Announcements, News | September 21, 2018 By:

Crypto mining giant Bitfury Group has announced a new generation of bitcoin mining hardware based on its new application-specific integrated circuit (ASIC) chip, Bitfury Clarke.

In a blog post, the company claims that Bitfury Clarke, a 14nm SHA256 bitcoin mining chipset, offers the strongest performance among bitcoin mining chips and is unparalleled in efficiency. The new ASIC chip can execute a hashrate up to 120 gigahashes per second (GH/s) and a power efficiency rate as low as 55 millijoules per gigahash (mJ/GH). Supply voltage for Bitfury Clarke can go as low as 0.3 volts, the company claims.

In addition to being integrated into Bitfury’s other BTC mining hardware, including its mining servers and BlockBoxes, Bitfury Clarke will be sold individually. The company is also planning to install the new ASIC chip in its own bitcoin mining centers in Canada, Norway, Iceland and the Republic of Georgia.

Valery Vavilov, CEO of Bitfury, said that Bitfury is looking at all factors, including silicon packaging, chip efficiency, optimal power distribution, cooling designs and speed of development when designing their mining hardware.

“We think that this will lead to solutions that deliver the best ROI to our customers — regardless of ASIC size,” Vavilov said.