Chain Reaction Unveils Application Specific Chip for Bitcoin Mining

An application-specific integrated circuit (ASIC) for Bitcoin mining has been added to the EL3CTRUM product line by Chain Reaction, a semiconductor business that specializes in innovative blockchain and privacy technology. In order to power the next Bitcoin miners, the EL3CTRUM system has been enhanced to provide greater hashing, higher throughput, and more energy-efficient operation. Enterprise miners will have access to EL3CTRUM in a variety of formats, including ASICs, hashboards, and systems.

The first item is an ASIC that uses a cutting-edge circuit design to achieve an industry-leading 19 J/TH energy efficiency. With the help of these ASICs, a system is capable of 140 TH/s of hashing. The ASIC offers a substantially higher hash rate and power efficiency than other alternatives presently on the market and was created for mining Proof-of-Work cryptocurrencies that use the SHA256 algorithm, like Bitcoin.

A stable supply chain for various form factors has been built by Chain Reaction, taking into account the geo-strategic and competitive features of the present integrated circuit supply industry. Additionally, the business will provide top-notch customer service to miners and act as a trustworthy partner. The product line will be widely accessible this year, and prototypes are already on hand.

Chain Reaction’s senior circuit and analogue engineering team refined this design for maximum power, performance, and space, according to the company’s CEO Alon Webman. The EL3CTRUM product line heralds the beginning of a revolution in computer technology. We are laying the groundwork for our hardware to become the gold standard for high performance as blockchain and privacy infrastructure solutions for data centers, hyperscalers, and cloud settings that need greatly enhanced compute capabilities.

Mass manufacturing and previously unheard-of flexibility and features are combined in the ground-breaking design. Faster payback times and scalable processing capacity will be made possible by these custom solutions without compromising sustainability. Yoav Tzruya, general partner of JVP, claims that Chain Reaction’s technology is very advanced in cryptographic processing, resulting in great performance on a massive scale and outstanding levels of energy efficiency. This technique has a tremendous range of possible uses, from preserving data and computation privacy to developing blockchain proof-of-work.