VMC announces 28nm ASIC chips with 24.5 TH/sec miners to be delivered in November

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Some Bitcoin miners might have their hands on the new Fast-Hash One as soon as November, since Virtual Mining Corporation (VMC) has recently closed a deal with eASIC, a firm specialized in the production of fabless semiconductor. VMC is going to use its partner’s 28 nm ASIC chip to create innovative mining boxes, that can be expanded up to 24.5 TH/sec.

The Missouri-based miner manufacturer will use eASIC’s Nextreme-3 design to produce its Fast-Hash One mining boxes. According to the company, the rigs – there will be three different miners – might be shipped in the last half of November.

With a hash rate of 16 GH/sec, or 20 GH/sec overclocked, and consuming under 12W per chip, this device outperforms several miners on the market, even KnCMiner’s rig with a 28nm chip. “eASIC has been developing their 28 nm process since 2010, and their experience is second to none. As such, VMC’s chip development is much lower risk than that of other companies, particularly in terms of power consumption and reliable heat dissipation, which is often overlooked when comparing raw numbers”, VMC’s CEO told Coindesk.

Kenneth Slaughter adds that buyers can customize their systems with up to 96 boards per system: each of them containing up to 16 chips for a maximum 256 GH/sec per board, with a total of 24.576 TH/sec.

When VMC appeared in the market, last May, the company that is part of the Active Mining Cooperative announced its partnership with eASIC. But at the time Kevin Slaughter talked about a miner based on eASIC’s 45 nm Nextreme-2 chip, due to ship by December 31. On the other hand, the 28 nm units would ship by the end of June 2014.

However, in July, Slaughter announced that the company would choose the shortest path and go straight to the 28 nm miners with 256 GH/sec for $4,000, shipping in October or November. But today the firm is offering a Platinum Edition Bitcoin mining machine with a 256 GH/sec board for $5,699, which can be expanded to 1.5 TH/sec.

Via coindesk.com

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Maria Santos

Maria is an experienced journalist currently living in the UK. She has been writing about Bitcoin and the altcoin universe since 2013. She is also a member of the Lifeboat Foundation's New Money Systems Board and a big cryptocurrency supporter.

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