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Linzhi Ltd

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Linzhi Ltd.
Private company
IndustrySemiconductors
Computer hardware
Founded2018; 1 year ago (2018)
FounderChen Min
Headquarters,
Area served
Global
Key people
Chen Min
ProductsSemiconductors
Computer hardware
Number of employees
Approximately 10
WebsiteLinzhi Ltd

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[edit | edit source]

  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 | edit source]


This article "Linzhi Ltd" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Linzhi Ltd. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.



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