Bitfury: "16nm... sales to public start shortly"

[dogie]

BAMM - a WORKING 16 nm full custom ASIC chip @TSMC ! 5x more efficient than our 28nm. Sales to public start shorlty. Decentralize @Bitcoin !

https://twitter.com/bitfurygeorge/status/677132522074017794

I'll believe it when I see it, impossible to tell what is PR with this company.

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

SAN FRANCISCO & TBILISI, Georgia--(BUSINESS WIRE)--BitFury Group, the leading Bitcoin Blockchain infrastructure provider and transaction processing company in the world today announced mass-production of its full-custom design 16nm Application Specific Integrated Circuit (ASIC) Chip, which will bring unmatched energy efficiency to the Bitcoin network.

    “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”
    Tweet this

After rigorous testing, the new BitFury Chip has demonstrated outstanding computing capabilities. The design target was 40 gigahash per second with power efficiency of 0.06 joules per gigahash. On average, the measured power efficiency of tested engineering samples of the new BitFury Chip ranges from 0.055 joules per gigahash to 0.07 joules per gigahash, thus making the BitFury 16nm ASIC Chip the industry leader in energy efficiency.

In addition to its outstanding power efficiency, BitFury’s 16nm ASIC Chip can run with as low as 0.35V power supply voltage. The static part of the Chip can be functional at as low as 0.28V power supply voltage. This level of productivity was previously unattainable with existing silicon devices and existing silicon design methodologies, with transistors working in active mode, not slow sub-threshold. J / Gh metric in working modes starting from 55 Gh/s up to 180 Gh/s follows an almost linear relationship of 0.0011, while at 40 – 55 Gh/s measured slope converges to plateau.

Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

ADDITIONAL KEY BACKGROUND ON ASIC 16NM CHIP

Every BitFury 16nm Chip delivers a minimum of 100 gigahash per second of computing power. On average, the BitFury 16nm ASIC can compute in the range of as high as 140 gigahash per second using air cooling, and up to 184 gigahash per second using immersion cooling, which makes the BitFury custom-made silicon an absolute leader in computational efficiency per unit of silicon area.

BitFury is the first Bitcoin transaction processor that is uniquely equipped to support the continuing increase of computing power required for the upcoming “Exahash Era” – time when the Bitcoin network computing power exceeds 1,000 petahashes (quintillion hash operations) per second, as each BitFury 16nm Chip will deliver up to four times the amount of computing power at a given energy level than BitFury’s currently deployed 28nm ASIC. Thus, BitFury’s 16nm Chip will enable a significant energy efficiency and computing power improvement versus today’s competing solutions.

Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time.

About BitFury Group

BitFury Group is the largest private Bitcoin Blockchain infrastructure provider and transaction processing company in the world. Founded in 2011 by Valery Vavilov and Valery Nebesny, BitFury has management offices in San Francisco, Washington, D.C., Hong Kong, Amsterdam and London, as well as data-centers in Iceland and the Republic of Georgia. BitFury derives sustainable advantage through its custom-made application-specific integrated circuits (ASICs), optimized to achieve the lowest power consumption coupled with the highest processing metrics – the parameters that drive mining margins. BitFury has an impressive track record, having successfully delivered several prior generations of silicon and has a roadmap to at least double performance-per-watt every 6-12 months. BitFury’s management team and board include seasoned industry veterans with a history of execution in silicon engineering, operational build-up and capitalizing businesses.

BitFury is a registered trademark of BitFury Group Limited.

Contacts

BitFury
Janna Stepanova, 1-415-961-0123
janna.stepanova@bitfury.com
www.bitfury.com

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[philipma1957]

BAMM - a WORKING 16 nm full custom ASIC chip @TSMC ! 5x more efficient than our 28nm. Sales to public start shorlty. Decentralize @Bitcoin !

https://twitter.com/bitfurygeorge/status/677132522074017794

I'll believe it when I see it, impossible to tell what is PR with this company.

See we can agree on things.  I agree with the bolded statement above!

 I also read the will open sales to public since their chip is too good and no one can compete against it.  So to level the playing field they will sell to other companies and the public.

This should be a lot of fun to watch unfold.

[goxed]

Free samples?

What is the chip package type?

Is it pin compatible with Bitfury ver1 and ver2 chips?

Will ready my hot air tools + soldering station, rPI, and Scope soon.

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

[alh]

So is BitFury going to "go to war" with Bitmain during this cycle of the "ASIC wars"? My limited view is that it was Spondoolies that did that last time, though my historical recollection may be wrong. Avalon seems content to hang out on the fringes and not really engage in a "pricing battle" with anybody.

The PR could be correct, and they could easily limit demand by pricing their chips "high" and with order limit caps. The PR never said the chips would be plentiful or cheap.

[alh]

One other small item. Based strictly on the Business Wire release, it looks like the BitFury device would be in the range of about 5.5W to 12.8W. That doesn't sound like a "large chip" to me. In other words it looks like they went "lots of small chips" rather than the "fewer high power chips" (i.e. Spondoolies Rockerbox).

[sidehack]

I don't know the specs on whatever 28nm they had earlier this year, but their first two versions of ASIC were also the "lots of small chips"; really, the Rockerbox is about the only large single chip which has really been successful.

[jermwerty]

Bitmain S7 is 0.25 J/GH.

Bitfury claims this chip is 0.07 J/GH on the high end, 0.055 on the low end!

Interesting to see how this plays out.  With the 18% estimated diff jump on the horizon, S7 buyers are getting hosed.

I should have quit mining when my Classic Avalon Batch 3 only returned 50BTC at a cost of 100BTC 

[dropt]

Bitmain S7 is 0.25 J/GH.

Bitfury claims this chip is 0.07 J/GH on the high end, 0.055 on the low end!

Interesting to see how this plays out.  With the 18% estimated diff jump on the horizon, S7 buyers are getting hosed.

I should have quit mining when my Classic Avalon Batch 3 only returned 50BTC at a cost of 100BTC  

I don't normally hold a grudge, but after being burned by Bitmain on the S2 I've been patiently waiting for someone to take their torch and shove it up their ass.  I am excited at the possibility of this event occurring in the near future.

[dropt]

ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

[philipma1957]

ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page

https://www.facebook.com/BitFury

I found this link

http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

part of the facebook page is below

[dropt]

ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.

[philipma1957]

ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.

I agree it is spec until they really sell some shit to us.

I found a quote on the size of their new center   let me look for it.
from this link:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm


"Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time."



The bold is me.  I am sure the huge 188 195 197 and 215 block days this adjusment are them running the plant.

As to it using a .07 watt per gh chip  I do not think so.  I do think they may be doing   .15 with it.  


I estimate the monster big block days were done with 180 to 220 ph  so a 40 mw plant running  at 32 mw

is a safe guess. 

.15 x 180 ph  = 27 mw
.15 x 200 ph =  30 mw
.15 x 220 ph =  33 mw

So my guess is it runs at .15 mw  maybe a little better.

Still a lot better then .26 to .31 the s-7 and avalon 6's do.

[GSpgh]

they've been talking about this for months while others like bitmain and avalon sell miners and probably work on 16nm too

i'm also in the "believe it when i see it" camp

[worhiper_-_]

Is this what we were waiting for the price to drop? :p More efficiency can't mean that the price rise can be sustained, rather more selling pressure from miners, mining will be sustained even at lower prices... As an added bonus BitFurry will create further pressure by selling the bitcoins they receive from sales.

[J4bberwock]

ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.

I agree it is spec until they really sell some shit to us.

I found a quote on the size of their new center   let me look for it.
from this link:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm


"Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time."



The bold is me.  I am sure the huge 188 195 197 and 215 block days this adjusment are them running the plant.

As to it using a .07 watt per gh chip  I do not think so.  I do think they may be doing   .15 with it.  


I estimate the monster big block days were done with 180 to 220 ph  so a 40 mw plant running  at 32 mw

is a safe guess. 

.15 x 180 ph  = 27 mw
.15 x 200 ph =  30 mw
.15 x 220 ph =  33 mw

So my guess is it runs at .15 mw  maybe a little better.

Still a lot better then .26 to .31 the s-7 and avalon 6's do.

0.07watt chip level doesn't mean the same when you add losses from the PSU, DC-DC conversion, and everything around the miners to monitor them and keep them cool, even when we are speaking novec immersion cooling.
I assume 40Mw is not the watts dedicated to the miners, but the whole thing.

[megatron1337]

Cool so the big mining farms will buy these miners and us home miners will struggle with our soon to be obsolete hardware.

[VirosaGITS]

I'm not sure what i think of that tweet. Why would having more efficient miners on stock prevent already centralized hashrate mines to acquire more hardware and continue to decentralize the hashrate?

[fr4nkthetank]

"shortly" is quite relative....a few months ?  I highly doubt bitfury will do any "gifts" to the general public - that would conflict with their ongoing operation.  they would do like bitmain, and sell at a much higher price equipment that they have been using for a while.

[philipma1957]

"shortly" is quite relative....a few months ?  I highly doubt bitfury will do any "gifts" to the general public - that would conflict with their ongoing operation.  they would do like bitmain, and sell at a much higher price equipment that they have been using for a while.

  The one thing I gathered is they are most likely the cause of the super high block count days.

 Plus they most likely have 175 to 225 ph  farm doing it. 


  .055 watts a gh .07 watts a gh .1 watts a gh .15 watts a gh   take your pick one of them is true.

My guess .1 or .15 not .055 or .07  at the plug so to speak.  a 40 MW farm  maybe 32MW usable

but 32MegaWatts at .15 = 213 ph  and that is a lot of hash.

They have been able to show they gear can run 24/7/365  So far in DEC the temps in


 Tbilisi, Georgia


http://www.wunderground.com/history/airport/UGTB/2015/12/17/MonthlyCalendar.html?req_city=Tbilisi&req_statename=Georgia&reqdb.zip=00000&reqdb.magic=1&reqdb.wmo=37545#calendar

Date   Temps in F     BLKS
dec 1   41-48          170
dec 2   37-51          158
dec 3   39-44          141
dec 4   35-42          154
dec 5   33-46          173
dec 6   28-48          157
dec 7   37-46          149
dec 8   41-51          171
dec 9   39-50          174
dec 10 37-41          212   
dec 11 30-42          157
dec 12 26-44          169
dec 13 28-50          137   
dec 14 26-42          197   
dec 15 30-50          185   
dec 16 33-46



SO  if temps drop   they may be able to do better.  As I think they were counting on colder weather to help plant get going.

[dogie]

Will be reopening the shop soon! The chip is crazy and amazing. Anyone interested in H-cards with 16nm chips?

I think people are more interested in all the non chip parts of this, power consumption can only sell people so far.

• What will the estimated MOQ be? $1k, $10k, $100k etc.
• Please don't announce preorders...
• How much engagement we will get with the community which isn't done through a PR agency?
• How will these be sold? Please don't say system integrators and please don't say by resellers, both of which have been a detriment to end users.
• Are they going to be priced at remotely viable levels? I'm not one to comment on profitability usually but lets at least get in the ballpark.
• When is Soon^TM, cutting through the PR when are we actually expecting products?
• Who is going to support sales and support? Bitmain currently has droves of people doing just that and I can't see the Head of Product Development sticking about to answer 200 emails a day.
• Will you finally release or showcase previous designs (BF3500 etc) outside of NDA? It adds credibility and trust to consumers knowing what previous machines looked like. The last thing we saw were H-boards, which while sufficient at the time are a pretty outdated design.

I feel this - like many other previous announcements - are the diamond ring at the proposal. I just hope we don't get mistreated in the rest of the marriage.

My comments posted in another thread.