Micro-network news, August 8th, the world's first 7nm chip mass production news conference was held in Hangzhou, Zhejiang Semiconductor Industry Association Secretary-General Chen Guanglei, Zhejiang Tsinghua Yangtze River Delta Research Institute Vice President, Hangzhou Branch Dean Shao Xiangrong, Chen Bolin, director of the Qiantang Smart City Management Committee, Yin Haipeng, deputy dean of the Hangzhou Branch of the Yangtze River Delta Research Institute in Zhejiang, Kong Jianping, chairman of the Jianan Qizhi Joint Chairman, and the sponsors of the Ai Si community, and the 7nm chip were officially unveiled.
In his speech, Mr. Chen Guanglei, Secretary General of Zhejiang Semiconductor Industry Association, affirmed the outstanding contribution of Jianan Zhizhi 7nm chip mass production to the global semiconductor industry. Jianan is mass-produced earlier than the industry giants such as Apple and Huawei. The professional perspective explains the strategic significance of China's innovation and entrepreneurship to achieve mass production of 7nm chips. If there is no Jianan Zhizhi, it will take a long time for the semiconductor integrated circuit chips in Zhejiang to reach 7nm. Thanks to Jianan Zhizhi for giving the Zhejiang semiconductor industry a chance. Lead the world.
Yin Haipeng, deputy dean of the Hangzhou Branch of the Yangtze River Delta Research Institute in Zhejiang, said in his speech that Jianan Zhizhi will become a Hangzhou gold business card like Alibaba.
Jia Nanhua, Director of Public Affairs, Tu Songhua, reveals the black technology behind the 7nm chip: After the team successfully developed and mass-produced the 110nm chip in 2013, Jia Nan Zhizhi successfully developed and mass produced 28nm, 16nm in 5 years. 7nm chip, known as the global blockchain repeat computing leader. The world's first 7nm mass production chip was born in Jianan, is the strength of technology, is the strength of the team. The chip has the highest computing power density in the industry, lower Cost and greater capacity, low power consumption, high temperature resistance, high yield.
The most advanced 7nm chip is used in Avalon blockchain supercomputer A9, which is also the world's first 7nm chip mass production product. There are Ai Si community representative insects, Tang Jiajun, head of the fire money major customer department, Avalon customer representative Ren Yi, Zhongguancun Online Representative Jia Zheng and Jia Nan Zhizhi President Assistant Zhang Ning, Sales Director Chen Feng, Marketing Director Zhan Xuanyu unveiled Avalon A9.
'The power is king, stable performance, ultra low power' This is the true love of many customers. From A821 to A9, from 11T to up to 30T computing power, Jia Nan Zhizhi sales director Chen Feng introduced the world's most Leading Avalon bitcoin mining machine A9 series and Wright coin mining machine L series.
AVALONMINER INSIDE empowers traditional home appliances, and a 'television-making TV' was born. At the press conference, Luo Yanqiang, the chief engineer of the partner company, introduced: In the face of the intelligent era, enter the blockchain super-calculation scene, apply Jianan The bottom layer technology of Zhizhi's blockchain, based on the end-user experience, has developed a blockchain mining TV. The principle is to use the traditional home appliances in the process of using, to participate in the blockchain calculation, and to implement household cloud computing for future household appliances. Gradually form the wisdom of home AI era to lay the foundation for entry. Pushing new, open cooperation, extensive leadership, simple model, convenient and win-win has always been the original intention of Jianan's ecological layout. In the competitive market, complementary advantages, resource integration, cooperation and win-win It is the goal that everyone pursues. Avalon customer representative Ren Yi and President of Jia Nan Zhizhi Sales Director Chen Feng signed the 'Long-term Purchasing Strategic Cooperation of Super Computing Equipment'.
Integrating resources to form capital to face market competition, integrating construction, operation, maintenance and comprehensive management in the field of super-calculation, providing customers with the best quality service is the ultimate goal of Avalon and its partners. The biggest benefit of the investment is the best business strategy. At the press conference, Jia Nan Zhi Zhi Tan Can released the Avalon Mine Certification Program.
After that, the Jianan Eco-Global Node Program will also be released, providing a large number of participation opportunities for more partners to enter the blockchain field.
In the applause of leading, change, openness and cooperation, the world's first 7nm mass production chip launch conference came to an end.
2. GMO grabbed 7 nanobits of mainland follow-up, and the number of mining ASIC chips in the fourth quarter increased suddenly.
Wafer foundry leader TSMC cut the annual growth rate of the global foundry market to 7% and lowered the annual dollar revenue growth rate to a high single digit percentage (7~9%) ), mainly due to the cooling demand of cryptocurrency mining application special application chip (ASIC). However, as bitcoin prices stabilized, the industry's 7 nanometer mining algorithm ASIC opened in the fourth quarter, the legal person is optimistic TSMC is expected to be more prosperous in the fourth quarter.
The price of bitcoin dropped significantly in the first half of the year, which led to the stagnation of mining machine sales, including mining machine operators such as Bitmain, and also under the action of repairing mining ASICs. TSMC was also under attack and repaired. Annual growth rate of US dollar revenue. However, as the price of cryptocurrency such as Bitcoin stabilized, the recent price was slightly consolidating around 7,000 US dollars, and a new wave of mining machine market arms race is brewing.
Mining machine related operators said that the main process of mining ASICs such as Bitland has just turned into 12 nanometers and stopped. However, Japanese network operator GMO decided to grab the mining machine market, and GMO itself is also doing cryptocurrency. Mining business, so the second half of the first to grab the 7-nanometer generation, and will launch the 7-nanometer mining operation ASIC before the end of the year.
In the Japanese industry, the first to start shooting, including land companies such as Bitland also plans to enter the 7-nanometer ASIC. The industry said that the biggest cost of cryptocurrency mining operations is not mining machines, but to use a lot of electricity, 7 nanometer mining The power consumption of the computing ASIC is significantly reduced compared with the 16nm or 12nm process, which means that the power consumption can be greatly reduced. At the current bitcoin price, the mine with the 7nm ASIC mining machine can indeed have Profitable space, this will attract new mine owners to come in to purchase a new generation of mining machines.
Supply chain operators pointed out that creative, World Core and other IC design service providers have begun to commission the design of the 7 nanometer mining computing ASIC (NRE), after the completion of the design (tape-out) in the fourth quarter, it will directly enter the mass production stage. For the fourth-quarter operation of TSMC, it will be Wang Shangjiawang.
3. 'Mineba' Bitcoin's IPO concerns
This seemingly beautiful IPO event hides the hidden concerns of the Bitland China on its future development. This kind of hidden worry is also reflected in 'Jia Nan Zhi Zhi' and 'Yibang Technology'. Technical bottleneck, currency price fluctuation, camp 1. Single, policy risk; If you don't pay attention, Bit China will rise and fall.
The term blockchain was originally a beautiful story about technology and dreams. With the spread of this story, the utopian world of technical geeks has gradually been invaded. Minemaster, the exchange has gradually mastered the leadership of the world. They stood at the top of the pyramid and watched the wealth rolling in. The hidden worry of 'the height is not cold' has never disappeared.
In 2017, the digital currency market was under strong supervision in China. Under the turbulent situation, the digital currency exchanges at the top of the pyramids were constantly fighting. The digital currency mining industry, which has always been 'muffled and made a fortune', began to move toward traditional financial markets. After the 'Jia Nan Zhi Zhi' and 'Yibang Technology' went to Hong Kong IPO, the absolute dominance of the mining industry also opened the IPO. The three Chinese mining chip companies are preparing for the listing, especially in the context of the Sino-US trade war. striking.
Bitcoland once occupied more than 70% of the global market share of Bitcoin mining machines. Based on Hurun’s Greater China Unicorn Index in the first quarter of 2018, Bitcoin’s ranking has reached 13 places, ranking more than its only ant gold. Service, Didi, Mei Tuan and other 12 companies, their IPO events have received great attention from the capital market.
This seemingly beautiful IPO event hides the hidden concerns of the Bitland China on its future development. This kind of hidden worry is also reflected in 'Jia Nan Zhi Zhi' and 'Yibang Technology'.
Technical bottlenecks, currency price fluctuations, single revenue, policy risks; if you don't pay attention, Bit China will rise and fall. Phoenix Finance
4. What happens when Bitcoin is dug up?
Currently, there are less than 4 million bitcoins that have not been dug up. John McAfee began to discuss 'the value of the last bitcoin' on Twitter. He is not satisfied with the behavior of the miners, because many miners have sold a lot of them in the market. Bitcoin. In his view, 'no miner is facing financial losses due to digging bitcoin, mining gains and prices have nothing to do', the key is mining difficulty.
The bitcoin enthusiast said on Twitter:
There are already less than 4 million bitcoins that have not been dug up. What do you think is the value of the last bitcoin? Thousands of miners spend millions of dollars just to find it. Its value will be lower than the cost. Is it worth hundreds of millions of dollars?
McAfee's Twitter triggered a heated discussion. A programmer mentioned that the price of the last bitcoin would not be less than $100 million. Think about it. Dig out the last bitcoin, miners may need It takes weeks or even months. The difficulty of mining will skyrocket. It is impossible to say that the last bitcoin has no $100 million.
McAfee later added that from the miners' point of view, its control far exceeds people's imagination, and they will naturally 'promote the rise in bitcoin prices'.
The control of the miners far exceeds your imagination. Mining can drive the price of bitcoin. Miners have invested billions of dollars in mining equipment, and the last bitcoin is worth more than 100 million.
McAfee has become the net of the cryptocurrency world with its exaggerated remarks. McAfee has never stopped tossing from the announcement of the presidential campaign for the cryptocurrency community to the swearing of bitcoin prices. In fact, for the value of the last bitcoin, McAfee has already revealed his thoughts in a video interview earlier. He thinks that the last bitcoin is worth $500 billion, otherwise he will eat shoes in public (well, everyone knows that you can't wait that day).
However, the bitcoin price forecast is like 'Schrodinger's cat', and no one can give an accurate answer. Many long-term holders don't care about the price of the currency, they care more about the development of bitcoin. Then What will happen in 2140, after 21 million bitcoins have been dug up?
Bitcoin is similar to gold in many ways. Like gold, Bitcoin's output is not arbitrary. Gold must be mined from the ground, and bitcoin is born digitally. According to Bitcoin creator Nakamoto The rules, the supply of bitcoin is limited, this is similar to gold. The total amount of bitcoin is 21 million. Once the miners dug up so many bitcoins, the supply of bitcoin is completely released. , unless the Bitcoin protocol changes.
Bitcoin supporters say that, like gold, the limitation of the total amount of money means that banks are restricted and cannot issue credit media arbitrarily. So what happens when bitcoin supply reaches the top?
Impact on Bitcoin miners
The group directly affected by Bitcoin supply is Bitcoin miners. Critics believe that once Bitcoin reaches a total of 21 million, miners will no longer receive block rewards. As a result, these miners have only a source of income. Transaction fee. Some people think that some mines have found that this income is significantly lower than before, which will lead to a sharp decline in the number of miners, and the bitcoin network tends to be centralized, which has a negative impact on the bitcoin ecology.
This view assumes that transaction costs will make Bitcoin miners unable to make ends meet. But we also have reason to believe that in the future, transaction costs and mining costs can be flat. After several decades, mining chips are likely to become more dexterous and efficient. Higher. This will reduce the burden on miners and reduce the cost of mining. In addition, transaction costs may also increase in order to maintain the income level of miners.
Impact on currency price movements
In recent years, bitcoin prices have risen sharply. Although no one can be sure how much bitcoin will influence the entire financial world, its limited supply is likely to drive price increases.
There are a lot of 'sleeping' bitcoins, a large part of which belongs to Nakamoto. Perhaps this 1 million bitcoin is prepared to solve the growing demand in the future. cnBeta
5. US Drug Enforcement Agency: Bitcoin is mostly used for speculation rather than crime
Lilita Infante, a US Drug Enforcement Agency (DEA) investigator, pointed out that Bitcoin's use of illegal and illegal activities has declined. Currently, speculators are the main use of Bitcoin.
On the afternoon of the 8th, bitcoin prices fell 3.53% to $4.679.87, and prices have soared more than 66 times in the past five years.
Five years ago, the US Drug Enforcement Administration had a lot of bitcoin crimes. Infante invested in blockchain data analysis. She said: The previous 90% of criminal transactions were traded in cryptocurrencies. Now illegal activities have shrunk to about 10%, speculation. The customer is the main use of bitcoin.
But this does not mean that criminals stop using Bitcoin. Since 2013, the total transaction volume of illegal use of Bitcoin has risen sharply.
Infante said: 'The number of criminal cases has grown, and the amount of Bitcoin transactions in the event has also increased significantly year after year, but the proportion has declined. Most of the recent bitcoin transactions are used for price speculation.'
The results of this analysis run counter to the impression of Bitcoin by the general public in the United States. It is widely believed that Bitcoin is mainly a criminal tool used by criminals.
Take the infamous black market shopping site Silk Road as an example. Criminals anonymously trade illegally through this website, highlighting the underground market where Bitcoin holders actually perform their functions.
In addition, the characteristics of Bitcoin decentralized sub-leds eliminate the need for banks and governments, meaning that no one or company line number can be summoned for investigation. Bitcoin and other blockchains are open and unchangeable, but also Providing valuable resources for law enforcement agencies to track transaction patterns. Using the blockchain's 'double-edged sword' feature, law enforcement agencies can now conduct crime tracking.
According to Infante, the blockchain actually provides a number of tools to identify others. Even if people use more cryptographic currencies like Monero and Zcash, we still have a way to track them.
6.IHS Markit: Predicting the global blockchain business value will reach $2 trillion by 2030
As investment continues to increase, the blockchain is expected to trigger transformational changes in many industries in the next few years.
According to IHS Markit's forecast analysis, the blockchain will continue to bring about cost savings and efficiency gains, although it will be in its early stages. By integrating it into the company's business strategy, business value will increase from $2.5 billion in 2017 to 2030. 2 trillion US dollars.
Don Tait, senior analyst at the IHS Markit blockchain, pointed out that 'the early adopters of the blockchain are mostly companies in the financial services industry, mainly applying them to payment-related solutions. However, this technology has greatly spurred any industry. The momentum, its influence will affect almost all corporate institutions in the next few years.'
Although the blockchain is still an emerging technology, we foresee that it will be revolutionary. According to IBC Markit's Blockchain Vertical Industry Opportunity Report, this technology is demonstrated in the following vertical industry markets and applications. Especially huge potential:
Financial
Financial vertical markets, including financial services, insurance and financial technology (Fintech), will use blockchain primarily for cross-border payments, stock trading, securities, debt management, derivatives, asset custody covering public and private markets, currency, Collateral management and corporate behavior processing. Given that the total market capitalization of all stock markets in the world has reached $73 trillion, even small cost savings and efficiency gains are sufficient to bring significant benefits to companies and industries that are determined to introduce blockchain technology. The commercial value. Tait said, 'Almost every day, I receive relevant news releases, reporting on how banks and financial institutions apply blockchain technology to change their important business units. Financial vertical market will be the largest blockchain application. The market of value. '
2. Supply chain and logistics
With the introduction of blockchain technology, the supply chain and logistics industries are expected to increase significantly. In fact, according to the World Trade Organization (WTO) estimates, by reducing barriers throughout the supply chain, global GDP growth is likely to increase 5 %, and increase the total trade by 15%.
Tait said, 'Managing today's supply chains and creating all the connectivity pathways to create and ship product goods is an extremely complex system. Depending on the product, the supply chain can span hundreds of links, many different geographic locations, Producing a large number of bills and payment activities, many individuals and institutions are involved, and the time span can be as long as several months. Due to the complexity and lack of transparency inherent in our current supply chain, people are interested in the blockchain, hope Explore how to apply blockchain to facilitate the transformation of the supply chain and logistics industry.'
3. Identity management
Although identity management is not a vertical market, it is an application area that many vertical markets rely on. With the increase in blockchain projects and commercial deployment, the business value of identity management is expected to reach $200 billion by 2030. The 'ID 2020 Plan' continues to promote and support blockchain technology to help 1.1 billion people without officially recognized status.
Tait explained, 'Digital authentication is one of the oldest and most difficult issues on the Internet. However, the World Wide Web Consortium (W3C) is standardizing the format of digital signature credentials, and public blockchains can provide public key digital signature verification. Decentralized registration and discovery mechanisms required.
4. Retail and e-commerce
The initial introduction of blockchains in retail and e-commerce is expected to be dominated by trade promotions, decentralized markets, payments, smart contracts, supply chains and other applications. As the number of blockchain projects in this vertical industry increases, its business The value is expected to reach $164 billion by 2030.
Tait explains, 'In the retail and e-commerce sectors, the application blockchain can promote opportunities to establish direct relationships with customers, providing a deeper understanding of the company's understanding of customer needs and behavior. Blockchain and smart contracts are also available Tools and frameworks to create a new generation of markets, whereby both supply and demand sides can engage in trusted transactions based on various business rules without the need for a central brokerage entity.
5. Healthcare
In the US alone, counterfeit drugs cause pharmaceutical companies to lose more than $200 billion in annual revenues. The blockchain may help minimize this loss. For this and other reasons, the healthcare industry blockchain Commercial value is expected to reach $134 billion by 2030. In the medical sector, the initial introduction of blockchain occurs in applications such as medical data management, drug development, claims and billing management, and medical research.
Tait pointed out that 'blockchain can be used to solve many problems that plague the medical industry today. For example, it can be used to create a universal health information database that spans the entire system of the e-health system, stimulating greater security and more Strong privacy, reducing doctor management time, and speeding up the sharing of research results, promoting the development of new drugs and treatments. ' IHS