Bitfury: "16nm... sales to public start shortly" - page 63.

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: jermwerty on December 16, 2015, 04:34:39 PM

Bitmain S7 is 0.25 J/GH.

Bitfury claims this chip is 0.07 J/GH on the high end, 0.055 on the low end!

Interesting to see how this plays out. With the 18% estimated diff jump on the horizon, S7 buyers are getting hosed.

I should have quit mining when my Classic Avalon Batch 3 only returned 50BTC at a cost of 100BTC Sad

I don't normally hold a grudge, but after being burned by Bitmain on the S2 I've been patiently waiting for someone to take their torch and shove it up their ass. I am excited at the possibility of this event occurring in the near future.

jermwerty

sr. member

Activity: 472

Merit: 250

Bitmain S7 is 0.25 J/GH.

Bitfury claims this chip is 0.07 J/GH on the high end, 0.055 on the low end!

Interesting to see how this plays out. With the 18% estimated diff jump on the horizon, S7 buyers are getting hosed.

I should have quit mining when my Classic Avalon Batch 3 only returned 50BTC at a cost of 100BTC Sad

sidehack

legendary

Activity: 3374

Merit: 1859

Curmudgeonly hardware guy

I don't know the specs on whatever 28nm they had earlier this year, but their first two versions of ASIC were also the "lots of small chips"; really, the Rockerbox is about the only large single chip which has really been successful.

alh

legendary

Activity: 1846

Merit: 1052

One other small item. Based strictly on the Business Wire release, it looks like the BitFury device would be in the range of about 5.5W to 12.8W. That doesn't sound like a "large chip" to me. In other words it looks like they went "lots of small chips" rather than the "fewer high power chips" (i.e. Spondoolies Rockerbox).

alh

legendary

Activity: 1846

Merit: 1052

So is BitFury going to "go to war" with Bitmain during this cycle of the "ASIC wars"? My limited view is that it was Spondoolies that did that last time, though my historical recollection may be wrong. Avalon seems content to hang out on the fringes and not really engage in a "pricing battle" with anybody.

The PR could be correct, and they could easily limit demand by pricing their chips "high" and with order limit caps. The PR never said the chips would be plentiful or cheap.

goxed

legendary

Activity: 1946

Merit: 1006

Bitcoin / Crypto mining Hardware.

Free samples?

What is the chip package type?

Is it pin compatible with Bitfury ver1 and ver2 chips?

Will ready my hot air tools + soldering station, rPI, and Scope soon.

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: dogie on December 16, 2015, 01:52:33 PM

Quote

BAMM - a WORKING 16 nm full custom ASIC chip @TSMC ! 5x more efficient than our 28nm. Sales to public start shorlty. Decentralize @Bitcoin !

https://twitter.com/bitfurygeorge/status/677132522074017794

I'll believe it when I see it, impossible to tell what is PR with this company.

See we can agree on things. I agree with the bolded statement above!

I also read the will open sales to public since their chip is too good and no one can compete against it. So to level the playing field they will sell to other companies and the public.

This should be a lot of fun to watch unfold.

dogie

legendary

Activity: 1666

Merit: 1185

dogiecoin.com

Quote

BAMM - a WORKING 16 nm full custom ASIC chip @TSMC ! 5x more efficient than our 28nm. Sales to public start shorlty. Decentralize @Bitcoin !

https://twitter.com/bitfurygeorge/status/677132522074017794

I'll believe it when I see it, impossible to tell what is PR with this company.

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Quote

SAN FRANCISCO & TBILISI, Georgia--(BUSINESS WIRE)--BitFury Group, the leading Bitcoin Blockchain infrastructure provider and transaction processing company in the world today announced mass-production of its full-custom design 16nm Application Specific Integrated Circuit (ASIC) Chip, which will bring unmatched energy efficiency to the Bitcoin network.

“We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”
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After rigorous testing, the new BitFury Chip has demonstrated outstanding computing capabilities. The design target was 40 gigahash per second with power efficiency of 0.06 joules per gigahash. On average, the measured power efficiency of tested engineering samples of the new BitFury Chip ranges from 0.055 joules per gigahash to 0.07 joules per gigahash, thus making the BitFury 16nm ASIC Chip the industry leader in energy efficiency.

In addition to its outstanding power efficiency, BitFury’s 16nm ASIC Chip can run with as low as 0.35V power supply voltage. The static part of the Chip can be functional at as low as 0.28V power supply voltage. This level of productivity was previously unattainable with existing silicon devices and existing silicon design methodologies, with transistors working in active mode, not slow sub-threshold. J / Gh metric in working modes starting from 55 Gh/s up to 180 Gh/s follows an almost linear relationship of 0.0011, while at 40 – 55 Gh/s measured slope converges to plateau.

Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

ADDITIONAL KEY BACKGROUND ON ASIC 16NM CHIP

Every BitFury 16nm Chip delivers a minimum of 100 gigahash per second of computing power. On average, the BitFury 16nm ASIC can compute in the range of as high as 140 gigahash per second using air cooling, and up to 184 gigahash per second using immersion cooling, which makes the BitFury custom-made silicon an absolute leader in computational efficiency per unit of silicon area.

BitFury is the first Bitcoin transaction processor that is uniquely equipped to support the continuing increase of computing power required for the upcoming “Exahash Era” – time when the Bitcoin network computing power exceeds 1,000 petahashes (quintillion hash operations) per second, as each BitFury 16nm Chip will deliver up to four times the amount of computing power at a given energy level than BitFury’s currently deployed 28nm ASIC. Thus, BitFury’s 16nm Chip will enable a significant energy efficiency and computing power improvement versus today’s competing solutions.

Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time.

About BitFury Group

BitFury Group is the largest private Bitcoin Blockchain infrastructure provider and transaction processing company in the world. Founded in 2011 by Valery Vavilov and Valery Nebesny, BitFury has management offices in San Francisco, Washington, D.C., Hong Kong, Amsterdam and London, as well as data-centers in Iceland and the Republic of Georgia. BitFury derives sustainable advantage through its custom-made application-specific integrated circuits (ASICs), optimized to achieve the lowest power consumption coupled with the highest processing metrics – the parameters that drive mining margins. BitFury has an impressive track record, having successfully delivered several prior generations of silicon and has a roadmap to at least double performance-per-watt every 6-12 months. BitFury’s management team and board include seasoned industry veterans with a history of execution in silicon engineering, operational build-up and capitalizing businesses.

BitFury is a registered trademark of BitFury Group Limited.

Contacts

BitFury
Janna Stepanova, 1-415-961-0123
[email protected]
www.bitfury.com

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