EL3CTRUM has been optimised to power the next generation of Bitcoin miners with a solution that provides superior hashing, higher throughput, and more sustainable use of energy. EL3CTRUM will be available to enterprise miners in a variety of form factors – ASICs, hashboards, and systems.
Created using a novel circuit design, the first product is an ASIC that delivers industry-leading energy efficiency of 19 J/TH. A full system containing these ASICs delivers hashing performance of 140 TH/s. The ASIC has been designed for mining Proof-of-Work cryptocurrencies that use the SHA256 algorithm, such as Bitcoin, and provides much higher hash rate and power efficiency than other solutions presently available on the market.
Chain Reaction has developed a reliable supply chain for the different form factors, taking into account the competitive and geo-strategic nature of present-day integrated circuit supply. The company will also provide high quality client service to miners and serve as a dependable partner.
The product line will be widely available this year, with prototypes now available.
“Chain Reaction’s veteran circuit and analogue engineering team customised this architecture for optimal power, performance and area,” explained Alon Webman, CEO of Chain Reaction. "The EL3CTRUM product line is just the beginning of a revolution in compute technologies. We are paving the way for our hardware to set the standard for high performance, as we target blockchain and privacy infrastructure solutions for data centres, hyperscalers and cloud environments requiring massively accelerated compute capabilities."
The novel architecture demonstrates unprecedented flexibility and features combined with mass manufacturing. These purpose-built solutions will enable quicker payback times and scaled computing power, without compromising on sustainability.
"Chain Reaction's bleeding-edge technology enables advanced cryptographic computation, achieving unprecedented levels of high performance and energy efficiency at a large scale," said Yoav Tzruya, General Partner at JVP. "Use cases for this technology are staggering, ranging from safeguarding data and computation privacy to revolutionising proof-of-work for blockchain."
