Linzhi Ltd.
| File:Linzhi corporate logo.jpg | |
| Private company | |
| ISIN | 🆔 |
| Industry | Semiconductors Computer hardware |
| Founded 📆 | 2018 |
| Founder 👔 | Chen Min |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Global |
Key people | Chen Min |
| Products 📟 | Semiconductors Computer hardware |
| Members | |
Number of employees | Approximately 10 |
| 🌐 Website | Linzhi 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]
References
- ↑ De, Nikhilesh (Sep 13, 2018). "A New Line of Powerful ASIC Miners Is Coming to Ethereum". Coindesk. Retrieved Jan 13, 2019.
- ↑ Marinoff, Nick (Sep 14, 2018). "New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner". Bitcoin Magazine. Retrieved Jan 13, 2019.
- ↑ Khan, Razi (Sep 18, 2018). "Chen Min's New Mining Manufacturer Linzhi Announces Ethereum Classic ASIC Miner". Block Publisher. Retrieved Jan 13, 2019.
- ↑ Naiz, Tabassum (Sep 20, 2018). "Canaan Bitcoin Chip Designer To Develop New Ethereum ASICs". Bitcoin Chaser. Retrieved Jan 13, 2019.
- ↑ Masters, Christine (Jan 9, 2019). "Ethereum (ETH) Developers Again Split Over Issue of ASIC Resistance". cryptovest. Retrieved Jan 13, 2019.
External links
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