BitFury initially uncovered the advancement of the chip in the fall of a year ago, at the time bringing $20m up in subsidizing for the task from financial specialists including investor Bill Tai, current BitFury load up part and previous VeriFone CFO Bounce Dykes and the Georgian Co-Speculation Reserve.
Chief Valery Vavilov tried to casing the declaration as a feature of BitFury's general commute to keep chip proficiency in accordance with the climbing trouble of the bitcoin mining system, calling the chip the organization's "most vitality effective and superior innovation to date".
Vavilov said:
"BitFury consistently enhances its market-driving innovation and we are now working diligently on the cutting edge 16nm chip that is required to attain to 0.06 J/Gh not long from now."
The organization reported the chip has been tried to convey 0.2 joules-every gigahash, a figure it had promoted broadly at the time the venture was declared.
BitFury brought an extra $20m up in an Arrangement A round in May 2014, presenting to its 2014 aggregate to $40m more than two rounds.
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