Gate News: On March 17, publicly traded company BGIN BLOCKCHAIN LIMITED (Nasdaq: BGIN) announced that its first Bitcoin mining ASIC chip, BT1, manufactured using a 4-nanometer process, has successfully completed its first tape-out. This chip is BGIN’s first proprietary intellectual property chip specifically designed for Bitcoin mining, marking an important milestone in the company’s Bitcoin mining chip project. The project entered the tape-out stage in October 2025, and the first tape-out was successful.
With the tape-out completed, the BT1 chip has now entered system-level testing and production preparation stages. This success marks the seventh consecutive tape-out of BGIN’s ASIC mining chip project since 2022, demonstrating excellent execution capability.
BGIN stated that the successful first tape-out helps reduce development risks and boosts confidence in the company’s ability to execute multiple generations of Bitcoin mining roadmaps. The company has also initiated early development of the next-generation advanced architecture to achieve better energy efficiency in the chips.
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