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Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain

Published 12/26/2019, 01:22 PM
Updated 12/26/2019, 03:01 PM
Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain

Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020.

Chinese industry news outlet 8BTC reported on Dec. 24 that the new ASICs will have significant advantages compared to the previous generation. The new firm’s 5nm manufacturing process is expected to improve performance, power and area scaling.

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