Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Chain Reaction Unveils Application Specific Chip for Bitcoin Mining

Chain Reaction Unveils Application Specific Chip for Bitcoin Mining

Kelly Cromley by Kelly Cromley
May 18, 2023
in Market News, News
Reading Time: 2 mins read
0

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.

Previous Post

Layer One X blockchain with In-Built Interoperability Feature Enables Seamless Asset, Data Transfer Between Blockchains

Next Post

Over 20,000 Bitcoins Move Out of Cryptocurrency Exchange Wallets in 24hrs

Related Posts

NTT Digital

NTT Digital Joins Solana Network With New Validator Node

by Kelly Cromley
Dec 5, 2025
0

NTT Digital, a subsidiary of NTT Docomo, has announced that it has begun operating a validator node on the Solana...

1money network

1Money Unveils Stablecoin Platform Ahead of New Payment Chain

by Kelly Cromley
Dec 5, 2025
0

1Money, a company led by former Binance.US chief executive Brian Shroder, has announced the rollout of a new stablecoin orchestration...

coz partners with iron studios

COZ and Iron Studios Unveil Web3 Collectibles at CCXP25

by Kelly Cromley
Dec 5, 2025
0

A new collaboration between COZ and Brazil-based collectible maker Iron Studios is set to introduce blockchain-enabled ownership to traditional pop...

The Open Network (TON)

Telegram’s Cocoon Aims to Redefine Private, Decentralized AI

by Kelly Cromley
Dec 5, 2025
0

Telegram has introduced Cocoon, a decentralized AI computation network built on the TON blockchain, marking a significant move toward privacy-preserving...

base

Base–Solana Bridge Targets Smoother Crosschain Liquidity

by Kelly Cromley
Dec 5, 2025
0

Base has introduced a Chainlink-secured bridge connecting its Ethereum layer-2 network with the Solana blockchain, marking a notable step toward...

bullfrog power

Bullfrog Power Launches Blockchain Tokens to Boost Sustainability Trust

by Kelly Cromley
Dec 5, 2025
0

Bullfrog Power has introduced a new initiative aimed at strengthening transparency in environmental reporting by issuing tokenized sustainability certificates on...

Next Post
Over 20,000 Bitcoins Move Out of Cryptocurrency Exchange Wallets in 24hrs

Over 20,000 Bitcoins Move Out of Cryptocurrency Exchange Wallets in 24hrs

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

NTT Digital
Market News

NTT Digital Joins Solana Network With New Validator Node

by Kelly Cromley
Dec 5, 2025
1money network
Market News

1Money Unveils Stablecoin Platform Ahead of New Payment Chain

by Kelly Cromley
Dec 5, 2025
coz partners with iron studios
Market News

COZ and Iron Studios Unveil Web3 Collectibles at CCXP25

by Kelly Cromley
Dec 5, 2025
The Open Network (TON)
Market News

Telegram’s Cocoon Aims to Redefine Private, Decentralized AI

by Kelly Cromley
Dec 5, 2025
base
Market News

Base–Solana Bridge Targets Smoother Crosschain Liquidity

by Kelly Cromley
Dec 5, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.