Black Arrow to Bring 14nm ASIC in December this Year for Miners

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Black Arrow to Bring 14nm ASIC in December this Year for Miners

Giving tough competition to KnC’s 20nm, Black Arrow Minion chips are here for Bitcoin miners. These will be 14nm, beating KnC’s 20nm record and according to the company these are going to be made available by December this year in a world where size supposedly doesn’t matter, ASIC chips keep getting smaller and smaller.

There are several added advantages with small chip; for instance, with them the production time longer and the power consumption is lower than the one in the large size chip. The company says that it believes that if Bitcoin mining is going to continue, there will be a need for more power efficient ASICs and the new produce it aimed to address the same issue.

In a statement to the media Black Arrow said that the silicon industry is taking the company more seriously than last year, and over time it has started believing that there’s a bright future ahead for it. The company says it does not want to make any speculation into profitability of the Bitcoin mining as business is in hardware development, not in financial investment.

Talking about the advantages FinFet transistors are going to offer for the Bitcoin miners, the company says that the cost per transistor is certainly higher; however, the advantage is the lower power consumption which FinFet transistors can achieve. Also, as its competitors are currently using 20nm, 28nm, 40nm and 55nm, Black Arrow will have an edge over them.

Faster and Better for Bitcoin Miners

The company believes that it is not aware of any company that has been able to access 14nm FinFet, and its partners are confident that the competition will not have access to this particular technology before it does. Nonetheless, the current generation chip from the company called Minion is able to perform 120Ghash/sec.

Though the chip was expected to reach to 100Ghash/sec before release, it has crossed that benchmark. Made using 28nm lithography and uses 0.75J/Ghash, it is going to become an alternative for Bitcoin miners who are for speed and energy saving. This is going to be a great relief when a number of scam ASIC manufacturers have come up.

The company is also looking for ASIC manufacturing partners to assist with the costs of the project. In a press note Black Arrow said that it is looking for venture capitalists that believe in Bitcoin’s future and eventually to join forces with one or more ASICs manufacturers out there.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com

  • blackarrow scam

    BlackArrow has been working on 20nm since last year and STILL hasn’t gotten a miner out. Stay away from these SCAM artist!!! You have been warned!

  • Tanner

    Black Arrow Limited is registered to Alexandru Ion Sovu, currently residing in Reading, England, and under a holding company registered in the British Virgin Islands.

    Mr. Sovu fled Romania in 2003 to avoid prosecution for internet fraud on the order of tens of thousands of dollars. He later proceeded to run a business called CardReader Factory selling credit card skimming hardware.

    All of this information is publicly available.

    Currently with the 28nm Minion project, they are seven months late on delivering batch 1 orders promised February 2013. They refuse to issue refunds whatsoever as they are obligated per consumer protection laws in Hong Kong (and every single jurisdiction in which they fraudulently solicited customers). Customers who complain are threatened with denial of shipment and compensation for late delivery. They have reneged on every single promise and term of sale they’ve made, including on-site unit hosting prior to shipment and a price-matching guarantee made at order time in fall of ’13. A handful of X-3 units have shipped, and multiple reports of units catching on fire have been reported. A significant number of X-1 customers report power supply units blowing out. Every single Rent-a-Minion cloud hashing customer who paid with Bitcoin reports that the payment has never left the payment address, despite being charged almost $100 for a “conversion fee” that supposedly was to be done via BTC-e.

    Is this the kind of company that should be taken serious in an article, as they attempt to solicit millions of dollars as a known bad actor? This is literally the worst mining hardware company in Bitcoin mining history.

  • Derek Stephan

    I would rather flush my money down a toilet than give another cent to black arrow software.

    Blackarrow software scammed millions of dollars worth of pre-orders in the biggest flop since bfl and mtgox. Thousands of people are without miners over 10 months after payment. No ship dates, No compensation, miners that catch fire, no customer service, minging with customers machines, no hosting program, no price matching that they guaranteed, excuses, excuses and more excuses.

    Daniel Andronic
    Alexandru Sovu
    Alex Berk
    Bobsag3
    Minersource
    Nemesidis

    Blackarrow Scam

  • Sven Jorgason

    Black Arrow is a wire fraud criminal who fled Romania for the UK in the mid/early-2000’s to avoid prosecution, and is currently running a scam with the Black Arrow Prospero line of pre-ordered miners to the tune of several million dollars of customer funds.

    Black Arrow Scam Members

    Alexandru Sovu
    david105396
    Lexx2k
    Daniel Andronic