Linzhi Ltd.

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Linzhi Ltd.
Private company
Computer hardware
Founded 📆2018; 4 years ago (2018)
Founder 👔Chen Min
Headquarters 🏙️,
Area served 🗺️
Key people
Chen Min
Products 📟 Semiconductors
Computer hardware
Number of employees
Approximately 10
🌐 WebsiteLinzhi Ltd
📇 Address
📞 telephone

Linzhi Ltd., known as Linzhi, is a semiconductor manufacturer based in Shenzhen, China founded by Chen Min, the co-founder of Canaan Creative who also designed the first Bitcoin Mining ASIC. It produces application-specific integrated circuits (ASICs) for initial use in accelerating Ethereum and Ethereum Classic's ethhash algorithm. The first product is called Lavasnow and is claimed to use 1/8th the electricity compared to the current competitor and computes 1,400 million hashes per second to generate roughly $20 per day. [1] Lavasnow is set to launch in April of 2019.[2][3][4]

Linzhi has spent $4 Million on production of Lavasnow.[5]


  1. De, Nikhilesh (Sep 13, 2018). "A New Line of Powerful ASIC Miners Is Coming to Ethereum". Coindesk. Retrieved Jan 13, 2019.
  2. Marinoff, Nick (Sep 14, 2018). "New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner". Bitcoin Magazine. Retrieved Jan 13, 2019.
  3. Khan, Razi (Sep 18, 2018). "Chen Min's New Mining Manufacturer Linzhi Announces Ethereum Classic ASIC Miner". Block Publisher. Retrieved Jan 13, 2019.
  4. Naiz, Tabassum (Sep 20, 2018). "Canaan Bitcoin Chip Designer To Develop New Ethereum ASICs". Bitcoin Chaser. Retrieved Jan 13, 2019.
  5. Masters, Christine (Jan 9, 2019). "Ethereum (ETH) Developers Again Split Over Issue of ASIC Resistance". cryptovest. Retrieved Jan 13, 2019.

External links[edit]

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