July 23, 2026

Capitalizations Index – B ∞/21M

Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

Bitmain unveils its latest energy-efficient mining chip for bitcoin

Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

Bitmain unveils its latest energy-efficient mining chip for bitcoin

China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397.

Beyond energy efficiency, the new mining processor promises to achieve faster performance for mining cryptocurrencies that use the SHA256 algorithm for their proof of work (PoW), including Bitcoin and its hard forks.

Like the BM1391 chip that came before it, the BM1397 will be powered by the advanced semiconductor manufacturing technology called the 7nm FinFET process, integrating more than a billion transistors and “optimized for maximum efficiency.”

A statement from Bitmain on its blog reads:

“The new BM1397 chip requires lower power and can offer an energy consumption to computing ratio as low as 30J/TH. This is a 28.6 percent improvement in power efficiency in comparison with Bitmain’s previous 7nm chip, the BM1391.”

Since the market crashed last year, cryptocurrency miners have been shutting down operations across the world as it has become less profitable to mine bitcoin with falling prices and fixed energy costs. Bitmain, which has had operational issues of its own, touts its BM1397 as a solution for miners who want to improve the performance of their mining operations. The new 7nm bitcoin mining processor will feature in Bitmain’s soon-to-be-released Antminer mining rigs — the S1f7 and T17.

Bitmain also unveiled a mining rig for the Equihash algorithm used by privacy-centered crypto Zcash and an Ethereum-focused ASIC miner last year.

At the time, the development of ASIC miners prompted Ethereum‘s core developers to agree to implement a new ASIC-blocking algorithm, programmatic proof of work (ProgPoW), which restricts the mining hardware on the network.

Security lead of the Ethereum Foundation, Martin Holst Swende, had noted at the time that implementing the code change would hasten the network’s eventual transition to a proof-of-stake algorithm, where ether is mined by staking coins, not by burning energy.

Published at Mon, 18 Feb 2019 22:15:51 +0000

Previous Article

Report: ₿itcoin Unable to Solve Problems of Traditional Payment Systems

Next Article

Randi Zuckerberg Backed Kickstarter Killer – PledgeCamp Cryptocurrency

You might be interested in …

MALTA BLOCKCHAIN SUMMIT

Blockchain on Medium MALTA BLOCKCHAIN SUMMIT S4FE went to a Buzzing Show on the Blockchain Island, Malta. Malta, with its new regulatory framework, is leading the pack. The Malta… Continue reading on Medium » more […]

Taming the 2nd largest dino!! Ark: survival evolved

TAMING THE 2ND LARGEST DINO!! ARK: SURVIVAL EVOLVED

TAMING THE 2ND LARGEST DINO!! ARK: SURVIVAL EVOLVED Watch SSundee as he joins Ambrew to tame the SECOND LARGEST dino in ARK: Survival Evolved, the Giganotosaurus!! (But we just call it the Giga because words […]

Ripple (xrp) price trading near make-or-break levels

Ripple (XRP) Price Trading Near Make-or-Break Levels

Ripple (XRP) Price Trading Near Make-or-Break Levels Ripple price climbed sharply towards the $0.3500 resistance before sellers appeared against the US dollar. The price formed a high near $0.3489 and recently corrected lower sharply below […]