The real savings from ASICBoost to BitmainTech

Guy Corem
1 min readApr 11, 2017

We found ASICBoost independently in the beginning of 2014. We called it Merkle Collisions and patented it also, but only later. ASICBoost saves about 15% in electricity once you actually implement it in a chip.

If we assume that BitmainTech directly control 500 PH/s (they control less in my estimation) of S9 machines (power efficiency at the wall of about 0.1 J/GH), then assuming they deploy in their data center in Sichuan (sub 0.03 $/KWh), the total annual savings are:

500 / 0.1 X 15% X 24 X 365 X 0.03 X 1,000 ~= $2M

Those numbers are easily verifiable. I believe their claim about not activating ASICBoost. It is very small money for them.

Guy

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Guy Corem

Keyser Söze @ BeamPrivacy, Co-founded Spondoolies, DAGlabs