Gate News Report, March 13 — Nasdaq-listed company BGIN BLOCKCHAIN LIMITED (Stock Code: BGIN) announced that its first self-developed Bitcoin mining ASIC chip BT1 has successfully completed its first tape-out, utilizing a 4nm process technology. This marks a key milestone in the company’s Bitcoin mining hardware development and accelerates its transition towards Bitcoin infrastructure.
The BT1 chip is currently in system-level testing. This is the seventh consecutive successful chip tape-out since 2022, demonstrating the company’s solid capabilities in R&D and execution. The company stated that it will optimize R&D, manufacturing processes, and mining farm acquisitions and operations to achieve cost control advantages.
BGIN is a digital asset technology company with proprietary cryptocurrency mining technology, also serving as a miner manufacturer and independent mining farm operator. Its miner brand ICERIVER® offers advanced mining infrastructure and hosting services, catering to individual miners and large industrial mining farms.
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