TSMC's new 2nm chips will make Bitcoin mining more efficient

TSMC's new 2nm chips will make Bitcoin mining more efficient

TSMC, the world's leading microprocessor giant, announced that it will manufacture new 2-nanometer chips by 2025. 

The evolution of Bitcoin mining equipment is inevitable.

Recently, TSMC, the Taiwan-based company that leads the global semiconductor market, has set a date to start the production of new 2-nanometer chips (nm).

TSMC's new semiconductors are transformative for several industries, including mobile and telecommunications, artificial intelligence, and the cryptocurrency ecosystem. These high-performance chips can be used in the manufacturing of electronics, More profitable and efficient ASICs for Bitcoin mining

2nm semiconductors will arrive in 2025

According to a spokesman for the Taiwanese company, the New 2nm chips will be available in the next 2 years

TSMC has plans to start production of these 2nm semiconductors in 2025 at its facility located in Hsinchu County, northern Taiwan. In addition, the company is installing another next-generation center in the city of Kaohsiung, in the south of the country, to which it has allocated part of the resources allocated, of $6.000 billion, for the production of the new chip. At the moment, the TSMC spokesperson did not indicate when this new center will begin mass production of 2nm semiconductors. 

However, the new semiconductors that TSMC will produce are expected to be in high demand by Bitcoin miner manufacturers, such as Bitmain. 

More power and efficiency with the new chips 

2nm chips will offer a high level of performance and Processing speeds between 10% and 15% higher compared to 3-nanometer chips, which began production in late 2022. 

Also, 2nm chips will be more energy efficient, reducing the energy consumption of 30nm chips by up to 3% and this will be thanks to the engineering behind these semiconductors, which will be the first to use Gate-All-Around Field-Effect Transistors (GAAFETs) nanosheet technology. 

The production of these new chips will allow Bitcoin mining to become more economical, as more powerful and efficient mining equipment is manufactured with these chips. 

ASIC manufacturers are among the largest customers in the semiconductor industry.

In 2019, the company that leads the manufacture of ASIC equipment for Bitcoin mining, Bitmain, announced the production of two new miners, the Antminer S17 and T17 models, which integrated the 7-nanometer chip manufactured by TSMC. By that time, Bitmain had featured that these chips allowed for “faster and cheaper mining for cryptocurrencies that use the SHA-256 algorithm for Proof of Work (PoW),” such as Bitcoin. 

Later in 2021, Bitmain said its Bitcoin mining rigs would be among the first to integrate the Taiwanese semiconductor manufacturer’s 5-nanometer chips. Now Bitmain is preparing to unveil a more efficient ASIC at the end of next month, during the World Digital Mining Summit 2023 event.

Moreover, the Samsung's latest chips, 3 nm, which were presented in July of last year, integrate Gate-All-Around (GAA) nanosheet technology, which allows reducing their energy consumption by up to 45% and increasing their performance by up to 23%.

As reported by this media, the subsidiary of the Chinese ASIC manufacturer MicroBT, PanSemi, would be one of Samsung's first clients in the production of these semiconductors, which allow Bitcoin mining with a high level of energy efficiency.

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