At the time of this post, tape out of the company’s SF3301ASIC has been announced as complete. Cryptocurrency (the best-known example of which is Bitcoin) depends on “ledgers” supported by bitcoin “mining” chips. As noted in an arstechnica piece (read it here), while some Bitcoin mining is done on CPUs and GPUs, serious mining requires much faster and lower power ASICs in the hardware.
As posted on the SFARD blog, “By using FDSOI technology not currently present in any other chip on the market, power efficiency when mining with SHA-256 is predicted to reach below the 0.3 J/GH range, and 2.0 J/MH when mining with Scrypt.
“The SF3301 is extremely versatile, allowing you to mine multiple currencies with one device. This means price fluctuations can be harnessed and being forced to turn off your miner is far less likely.
“A condition can arise where altcoins are utilized to cover electricity costs while bitcoin is continuously and simultaneously being mined. This ability is something never seen before with 28nm technology.”