Press release:
November 4th, 2025
ZetaGig, an American Semiconductor Company, Appoints Industry Veteran Karl Mehta as Chairman of the Board
Full Press Release:
North Miami Beach, FL — ZetaGig Inc., a pioneering pre-IPO American semiconductor company developing breakthrough technology for blockchain and AI computing, today announced the appointment of industry veteran Karl Mehta as Chairman of the Board. Mr. Mehta, a serial entrepreneur, brings over 30 years of experience building and scaling technology companies, with a proven track record of leading multiple successful exits in the fintech and enterprise software space.
Founded in 2022, ZetaGig quickly emerged as a market disruptor by engineering ASIC chips for Bitcoin mining that are positioned to surpass existing industry leaders in both efficiency and performance with a clear roadmap to 2nm process technology. ZetaGig’s Z1 chip, implemented in a prior generation process node, is field-proven and has delivered public results that exceed competitors when normalized to the same process, achieving exceptional efficiency at breakthrough cost—backed by independent validation and high-profile industry partnerships.
Mr. Mehta’s appointment comes at a pivotal moment as ZetaGig raises an equity financing round to accelerate its go-to-market strategy, aiming for rapid deployment and profitability within 16 months. ZetaGig is on track to capture a large share of the global Bitcoin blockchain hardware market by leveraging its unique patent pending architecture, chip design, rapid innovation cycle, and robust partner ecosystem.
“We are thrilled to welcome Karl Mehta as Chairman of the Board,” said Sandeep Gupta, Founder and CEO of ZetaGig. “Karl’s leadership and deep experience in technology innovation and business execution will strengthen ZetaGig’s position as the U.S. leader in a sector critical to blockchain and next-gen computing. His vision aligns perfectly with our mission to revolutionize efficiency and profitability across the crypto mining and high-performance computing industries.”
Karl Mehta is a successful founder with 3 other successful exits, and a former White House Presidential Innovation Fellow. His previous companies include PlaySpan, acquired by VISA, and EdCast, acquired by Cornerstone. Mehta will help guide ZetaGig’s strategic initiatives as it scales its world-class engineering team and targets a $10 billion+ valuation by 2028.
With a rapidly growing team, several granted patents, and a suite of patent pending applications, set to anchor future system builds, ZetaGig is positioned to drive the next era of blockchain and AI hardware innovation.
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 or email admin@zetagig.com
Press release:
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