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Stockholm, Sweden / Taipei, Taiwan – August 14, 2015- KnCMiner AB, the leading provider of Bitcoin mining machine, and Alchip Technologies, Ltd. (TWSE: 3661), a leading fabless ASIC company, announced that they have cooperated in designing and manufacturing a 16nm FinFET AISC for KnCMiner’s latest Solar bitcoin mining machine. The chip samples were delivered in May and started mass production in July.

Alchip was responsible for the entire SoC design integration and the chip design utilizes the 16nm FinFET process. The SoC design integration includes the physical, electrical, timing and thermal design of the project. The design enables KnCMiner’s Solar to be the most powerful and energy efficient Bitcoin miner. To be more specific, the computing performance of Solar is much higher than that of competitors. In addition, the new 16nm ASIC chip has revolutionized the Bitcoin mining industry because the chips are delivered to KnCMiner 4 weeks earlier than expected.

"Alchip, our designing and manufacturing partner, plays a crucial role in our success.” said Sam Cole, KnCMiner’s co-founder. “ Our competitive advantages come from power performance. Recently we had successfully developed the Solar machine with 3D FinFET 16nm process ASIC designed with Alchip. We will use more advanced technology to create more values and attain time-to-market goals to the customers in the future. We are looking forward to cooperating with Alchip and employing exceptional design to make more miracles.”

"The Bitcoin industry is a promising market in the world, and KnCMiner is the foremost Bitcoin mining hardware manufacture," said Johnny Shen, President and CEO of Alchip. "We offer superior design and production solutions applicable in the Bitcoin mining machines. The successful partnership between KnCMiner and Alchip demonstrates that we are capable of providing high-performance ASIC design and manufacturing SoC in the advanced process node. As a leading fabless ASIC provider, Alchip will continue to delight our customers by empowering them with the fastest time-to-market and the lowest total cost of ownership.”

About KnCMiner AB

KnCMiner AB is the world's leading specialist of proven extreme performance crypto-currency products, and services. The Stockholm based KnCMiner was founded in May 2013, by joining Kennemar & Cole AB (Andreas Kennemar and Sam Cole) with ORSoC AB (Marcus Erlandsson, Johan Rilegård and Michael Unnebäck). KnCMiner both; It has delivered many world-wide top Bitcoin mining machines. For more information: www.kncminer.com

About Alchip Technologies

Founded in 2003, Alchip Technologies is a leading provider of silicon design and manufacturing services for companies developing complex and high-volume system-on-chip (SoC) designs. Alchip’s products are mainly used in current HDTV, mobile phones, networking, computers, entertainment and other consumer electronics devices. It provides ASIC design and manufacturing services intended to enable customers to cost-effectively address the technological complexity of silicon design and the need to reduce time to market. For more information: www.alchip.com

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