Bitmain orders 5nm chips for its ASIC miners

by in Cryptocurrency News

Bitmain

ASIC miner manufacturer Bitmain has placed an order with Taiwanese TSMC for 5nm chips for its hardware. It is reported by Tom’s Hardware.

TSMC plans to start production in the third quarter of 2021 and significantly increase production for Bitmain in the first quarter of 2022.

TSMC N5 manufacturing technology provides industry-leading transistor density and energy efficiency. Experts suggest that this will increase not only the hashrate of ASIC miners but also the price.

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For the first time, one of the founders of Bitmain Mikri Zhang announced plans to release miners based on 5-nm chips in September 2020.

In April 2021, the company announced the release of the Antminer E9 ASIC miner for Ethereum mining. Later, the manufacturer hinted that the device's hashrate would be equivalent to 32 Nvidia RTX 3080 video cards (about 3040 MH/s).