CEO speaks about 100x faster Chip3 Dec 2021 16:24
$QBT.L
Francesco Gardin, CEO and Executive Chairman of QBT, commented: “Access to the 5nm technology for our ASIC Bitcoin mining chip is, after careful consideration, the natural choice for QBT in 2022. While the 12nm prototype is still an easy and relatively low-cost option, which we may still use for strategic ‘time-to-mine’ testing and early mining, the 5nm ASIC is now definitely our target.
“We have quickly identified a major international supplier, which will give us access to the 5nm technology and support our design team, given the very specific features and know-how involved when designing a 5nm ASIC. By entering into an NDA with this party, we can now begin the assessment of the timeline of the project, including the costs to produce a 5nm prototype and take it to industrial production.