ASIC chip manufacturer Canaan Creative is closing the gap between itself and cryptocurrency mining industry leader Bitmain after a massive infusion of capital.
On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. Currently, Ebang is the third largest manufacturer of cryptomining equipment.
Like the BM1391 chip that came before it, the BM1397 will be powered by 7nm FinFET process, integrating more than a billion transistors and “optimized for maximum efficiency."
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