KnCMiner unveils 16 nm Solar ASIC, says it will increase performance six-fold

KnCMiner has announced the coming launch of its 16 nm ASIC ASIC The Australian Securities and Investments Commission (ASIC) is the prime regulator in Australia for corporate, markets, financial services, and consumer credit. It is empowered under the financial service laws to facilitate, regulate, and enforce Australian financial laws. The Australian Commission was set up and is administered under the Australian Securities and Investment Commission Act of 2001. ASIC was initially the Australian Securities Commission based on the 1989 ASC Act. Initially, the The Australian Securities and Investments Commission (ASIC) is the prime regulator in Australia for corporate, markets, financial services, and consumer credit. It is empowered under the financial service laws to facilitate, regulate, and enforce Australian financial laws. The Australian Commission was set up and is administered under the Australian Securities and Investment Commission Act of 2001. ASIC was initially the Australian Securities Commission based on the 1989 ASC Act. Initially, the Read this Term (application specific integrated circuit) "Solar" mining chips, to be deployed in early 2015.

In its announcement, KnC notes that it was the first to roll out 28 nm and 20 nm chip technology, claiming to still be the only producer delivering the latter.

Its 16 nm chip is supposed to have a six-fold increase in performance over the 20 nm model, with a power consumption rate of 0.07 W/GHs. The company says it developed in-house proprietary techniques to develop the 5000+ core (FinFET) processor. FinFET technology incorporates 3D design, as opposed to the traditional planar approach.

Spondoolies-Tech, an Israel-based hardware producer, recently announced its target of producing a 16 nm chip by the second half of 2015. Its production is to be funded by a $5 million Series B funding boost.

KnC is not yet taking online orders for the units, citing "a rapidly shifting landscape within the mining industry."