According to a recent announcement made by the company, an ASIC chipcould be apiece of mining hardwarein gearto mine digital currencysupportinga particular hashingalgorithm.AnASICis ready-madefora specificuse,instead offor the generaluse purpose.
The Bitfury Clarke ASICare going to besold-outseparatelyadditionallyto being integrated into Bitfury’sotherBTC mining hardwares,together withits mining servers and BlockBoxes. Bitfury isgoing toimplement the new ASIC in its mining centers inCanada, Norway, Iceland and Georgia.
The announcementadditionally describes the chip as:
“The 14nm Bitfury Clarke ASIC istotallyspecifiedfor SHA 256 bitcoin mining. Itwillexecute a hash rate up toa 120GH/s with the electricity consumption rate as low as55 mJ/GH.The availabilityvoltageneededby Bitfury Clarkewill beas low as0.3 V.”
Earlier in Dec., Bitfuryexpeditedthe launch of Toronto-based BTCcompany‘Hut8’by providingthe corporate access to mining hardware along with other requirements. In July, Hut8claimed that it had become the world’s “largest publicly-traded” operator bycapability.The corporatereportedlywas able to minearound1,900 bitcoins since from its original launch date.
Even in July, according to some sources from the “upstreamsupplychain,” the sale of ASIC crypto mining hardware had been negativelylowered, with aexpectedvaluedrop of20%that month. The affectedcorporationsenclosedthe Taiwan SemiconductorproducingCompany,stillas itsintegrated circuits layout service partners liketheUnichip.
Moreover,the worthof specialisedGPU’s had been decliningalong sidedownfall in the prices of crypto currency markets. In April, AMD’s OEM 4GB RX 580cartonwassold-outout at $3,600 USD,whereasinJulyit wasaccessiblefor $2,500 USD only.