Bit Continental enters the AI ​​chip industry

Recently, the domestic mining machine chip research and development company Bit China co-founder and co-CEO Jenke group disclosed to the media for the first time, the company's 2017 revenue of about 2.5 billion US dollars, the results have surpassed Spreadtrum, becoming the second largest chip design in the mainland after Heis the company.

Bitcoin was established in 2013, when it was the Bitcoin mining machine in the Warring States era, and about 50 other manufacturers in the industry were involved in the mining machine chip development business. However, by 2017, Bitcoin has developed into a predator that monopolizes the market of the 8th miner.

Bit Continental enters the AI ​​chip industry

It is reported that the reason for its development is better than its peers. It is not to sell chips directly, but to sell the chips on the mining machine to provide added value, so the money will earn more than the peers.

In addition to its marketing strategy superior to its competitors, Bitland is also leading the industry in chip design. Its self-developed BIT chip for bitcoin mining has the highest computational efficiency in unit power consumption, and the mass production scale is billions. And the research and development strength is strong, with more than 1,000 employees, of which over 60% are R&D personnel. By 2017, Bitcoin was promoted to the top five in mainland China by chip manufacturing.

As bitcoin has been dug up for a day, there are more and more competitors in the mining chip market. For example, Samsung today announced the production of ASIC chips for mining machines. So Bitland began to get involved in the research and development of AI chips, trying to enhance its competitiveness and resist future risks with multiple product lines.

At the end of 2017, Bitcoin artificial intelligence chip debuted at AI WORLD 2017 World Artificial Intelligence Conference, tensor acceleration computing chip BM1680, board SC1/SC1+, intelligent video analysis server SS1 and other products with image recognition as the direction, and applied mining machine sales experience Not only sell chips, but also software and algorithms. In January of this year, Bitcoin TPU and AI board servers also began mass production.

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