Canaan’s latest ASIC Arms Race with Bitmain 5-Nanometer chips
Chinese application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved 5-nanometer chip mining machines in the first quarter of 2020. Let’s check to Canaan’s latest ASIC Arms Race with Bitmain 5-Nanometer chips.
On Dec. 24, the Chinese industry news outlet 8BTC announced that the new ASICs would have substantial advantages over the previous generation. It is expected that the 5 nm production process of the new company will improve performance, power and area scaling.
A major development
The company expects to scale this new product series production faster than with its 7 nm chips. The number of nanometers relates to the size of the silicon chip’s characteristics, 5 nm exceeds what modern electronics can do. For size, 1 nm is about the same as the width of two silicon atoms.
As the chip features become smaller, more transistors can be fitted in a die of the same size in silicon. At the same time, to perform a measurement, the electrical current has to travel less distance in the circuit, which means increased performance and decreasing the amount of heat when the features are smaller.
Canaan is one of the few crypto-monetary firms that managed to go public with an Initial Public Offering (IPO) of $90 million conducted in November. The company’s shares have seen a 40% decline in value since the IPO.
Disclaimer:
This article has only intended for information purposes. Neither the company nor the author shall liable, directly or indirectly, for any damage or loss caused or alleged to result from or in connection with the use or reliance on any content, goods or services referred to in this article.
Published at Fri, 27 Dec 2019 15:37:22 +0000
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