Provenance ASIC Inc. Announces IPO and Hardware Offerings on Havelock – Cutting Edge Bitcoin and Scrypt ASICs Preparing for Fabrication | News Canada Binary

Provenance ASIC Inc. Announces IPO and Hardware Offerings on Havelock – Cutting Edge Bitcoin and Scrypt ASICs Preparing for Fabrication
Provenance ASIC announced immediate availability of virtual units on Havelock Investments (PROV), enabling investors and cryptocurrency enthusiasts to contribute to the development of their cutting-edge 28nm ASIC platform. “There’s nothing on the market that compares in terms of $/GH/W.

Revolutionary Performance

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The Future is Binary – The Creator platform adopts a specialized architecture, precisely implementing the specific algorithms. Additional considerations, such as use of a FD-SOI capable foundry or the latest 28nm SMIC foundry, lay the foundation for power and performance improvements across the family of proposed ASICs. The Prospectus posted on June 6, 2014 boasts power usage numbers as low as 0.17W per GH on SHA-256 chips, and 5W per MH for Scrypt chips.

“This isn’t a simple unrolling of the algorithm,” said Roger Thorpe, Lead ASIC Designer, Advanced Architectures, “We’ve re-engineered the pipelines to streamline performance and minimize power. We expect it to set a high benchmark for future ASICs for quite some time.”

ASICs for Everyone

Product availability timelines are still undisclosed, but manufacturing preparations are already underway. Target markets include datacenters as well as consumers.

“The low power usage is certainly attractive to large mining operations,” said Dave Coleman, Founder and Lead Embedded Engineer, “but low power also allows residential customers to build significant hashing operations without rewiring their home. We’re committed to making products readily available to both demographics.”

“We’re ready to begin physical layout, and pleased to finally release product details to the Bitcoin community,” said Sylvan Newby, Founder at Provenance ASIC. Manufacturing throughput is always a concern with new Bitcoin products. When queried about it, Dave Coleman replied, “We’ll be able to say more about production ramp-up after we get the chips to tape-out, but multiple support platform prototypes are already in development and testing. We’ll be ready when the ASICs arrive.”

Provenance ASIC Inc. Announces IPO and Hardware Offerings on Havelock – Cutting Edge Bitcoin and Scrypt ASICs Preparing for Fabrication | News Canada Binary.

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worked in the plastic blow molding industry for over 30 years in many facets from inspection ( Quality control) to development team. Have had more then a passing interest in computers and the internet for over 20 years, some Web programming and design, on-line auctions and ecommerce from 1997 till 2006 . was involved with the online auction cooperative movement from 1999- 2002 .. ran my own Domains & web servers for online sales Store fronts , promoteing my auctions called Dman-N-Company , a niche type auction site Musicplus. Richard Dambrosi

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