March 28th, 2024

Zetagig Unveils Breakthrough Bitcoin Mining Chip with Industry-Leading Efficiency

Executive Summary:

Zetagig Inc., a US based semiconductor startup, today announced its Z1 bitcoin mining ASIC chip that delivers groundbreaking energy efficiency and performance. Through several innovations, the Z1 chip, implemented in a previous generation process node, matches the efficiency of current competitors. When ported over to leading process nodes, the Z1 IP is projected to deliver bleeding-edge system efficiency of ~11J/TH, significantly reducing operational costs for bitcoin miners.

Full Press Release:

In a significant advancement for Bitcoin mining technology, Zetagig unveiled the Z1 Bitcoin mining ASIC, a product of extensive architectural innovation designed to lead the industry in performance and energy efficiency. The Z1 chip contains ~2 billion transistors and 676 SHA256 engines, achieving operational flexibility with power consumption between 3.8-8W depending on performance mode.

The Z1 has been tested to deliver 175-300 GH/s, at chip efficiencies of 21.8-26.5J/TH, while implemented in a pre-production PDK of a process that is a couple of generations behind the leading process nodes currently available for development. This efficiency is projected to improve to around 10J/TH when Z1 chip is ported to cutting-edge 3nm or 18A process nodes, far surpassing current and anticipated industry offerings.

Sandeep Gupta, CEO and Founder of Zetagig, stated, “Our goal was to develop key IP for Bitcoin mining that could match or outperform competitive performance through superior architecture and circuit design. The measured results of Z1 chip prove that inventions at the architectural and circuit level can yield almost as much advantage in performance and efficiency as one full node of process technology advancement does.”

The Z1 chip's key technical innovations include a novel SHA pipelining invention, novel clocking and power regulation architectures, and custom digital circuits to minimize energy loss from glitches.

Gupta added, “Our lean startup approach allowed us to prove the Z1 architecture using a development process in an incredibly capital-efficient manner, putting us in a position to quickly port our proven technology to advanced process nodes that will be requisite for profitable operation after the next bitcoin halving in 2024."

Zetagig is currently in discussions with potential clients and partners to begin design and mass production phases on 3nm or 18A leading Foundry nodes, aimed at the next mining cycle starting in 2025.

About Zetagig

Zetagig is a fabless semiconductor company developing high-performance and energy-efficient chip solutions for bitcoin mining and other High Performance Computing markets. With an innovative approach combining fundamental architectural research and an enterprising startup philosophy, Zetagig aims to gain market share through superior product performance achieved by patent-pending technology. The company is based in the US and has partnerships with leading industry suppliers. For more information, visit zetagig.com