TSMC to Produce 5nm Chips for Cryptocurrency Mining

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As Bitcoin and Ethereum attain record-high costs, miners can improve their spending on {hardware} and firms growing mining ASICs waste no time rolling out new fashions. Bitmain, a designer of mining accelerators, has reportedly positioned an order with TSMC to provide an ASIC utilizing the foundry’s newest N5 fabrication course of (5nm).  

Taiwan Semiconductor Manufacturing Co. is predicted to start out making Bitmain ASICs utilizing its N5 expertise beginning the third quarter of the yr and ‘ramp up’ its output for Bitmain considerably in Q1 2022, studies DigiTimes. It’s unclear how excessive demand for mining ASICs made utilizing a modern manufacturing expertise can be, however it could nicely scale back TSMC’s potential to provide different chips which can be designed for its N5 fabrication course of. 

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