Proprietary Technology Enables Crypto Mining on Supercomputing Chips
WENATCHEE, Wash. – January 15, 2019 – (Newswire.com)
Altered Silicon, a stealth startup founded by crypto mining pioneer Dave Carlson and ex-ARM chip senior engineer Arsen Julhakyan, emerges today with a business model that combines supercomputing and cryptocoin mining – and, with an industry first, the ability to mine Ravencoin (RVN) using proprietary FPGA bitstreams for over 500 percent increase in efficiency.
Altered Silicon plans to sell cloud supercomputing infrastructure-as-a-service to deep learning, genomics, image processing and other clients whose businesses require massive computing power. In doing so, Altered Silicon competes with Amazon’s AWS, Microsoft’s Azure, Google’s Cloud, as well as Baidu and Alibaba cloud services that sell computing power by the hour.
Altered Silicon is proud to launch with a breakthrough – the world’s first ability to mine Ravencoin on FPGA High-Performance Computing (HPC) processors. Combined with Altered Silicon’s unique data center architecture and power efficiencies, this allows for each processor to produce revenue 24 x 7, even when the servers are not being rented.
“The business challenge of crypto mining required us to look at supercomputing hardware in a completely new way. By using mining as the fallback revenue generator, we can generate revenue any time our servers are not performing data science tasks,” said Dave Carlson, Altered Silicon CEO and co-founder. “I’m grateful to the Altered Silicon engineering team for leading the world in this achievement and very excited about the business model it enables.”
Fitting, rolling, placing and routing mining algorithms is done in much the same way a chip designer creates an ASIC. Implementing the Ravencoin mining protocol required development of 16 different mathematical algorithms and has taken Arsen and his team of engineers…