Chain Reaction launches EL3CTRUM product line

EL3CTRUM is optimised to power the next generation of Bitcoin miners with a solution that provides superior hashing, higher throughput, and sustainable use of energy. EL3CTRUM will be available to enterprise miners in a variety of form factors – ASICs, hashboards, and systems.

Created from the ground up using a novel circuit design, the first product is an ASIC that delivers energy efficiency of 19J/TH. A full system containing these ASICs delivers a hashing performance of 140TH/s. The ASIC is designed for mining Proof-of-Work cryptocurrencies that use the SHA256 algorithm, such as Bitcoin, and provides a much higher hash rate and power efficiency than other solutions presently available on the market.

Chain Reaction has carefully crafted a reliable supply chain for the different form factors, taking into account the competitive and geo-strategic nature of present-day integrated circuit supply. The company will also provide high-quality client service to miners and serve as a dependable partner.

The product line will be widely available this year, with prototypes to be demonstrated this week at Bitcoin 2023.

“Chain Reaction’s veteran circuit and analogue engineering team customised this architecture for optimal power, performance and area,” said Alon Webman, CEO of Chain Reaction. "The EL3CTRUM product line is just the beginning of a revolution in computing technologies. We are paving the way for our hardware to set the standard for high performance, as we target blockchain and privacy infrastructure solutions for data centres, hyperscalers, and Cloud environments requiring massively accelerated compute capabilities."

The team at Chain Reaction has worked together for decades and accumulated substantial R&D expertise in custom analogue ASIC design as well as high-volume production experience via dozens of successful tape-outs. It is this team’s experience, expertise and relationships that enabled the company to develop a novel architecture that demonstrates unprecedented flexibility and features combined with mass manufacturing. These purpose-built solutions enable quicker payback times and scaled computing power, without compromising on sustainability.

"Chain Reaction's bleeding-edge technology enables advanced cryptographic computation, achieving unprecedented levels of high performance and energy efficiency at a large scale," expressed Yoav Tzruya, General Partner at JVP. "Use cases for this ground-breaking technology are staggering, ranging from safeguarding data and computation privacy to revolutionising proof-of-work for blockchain. With their innovative approach to hardware and software design, Chain Reaction's proven and talented team has an unparalleled track record in delivering the most superior hardware solutions to the market in 2023. Their remarkable accomplishments have been achieved in record time and with unprecedented capital efficiency. We are proud to partner with such an elite team."