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TSMC to Produce 5nm Chips for Cryptocurrency Mining

As Bitcoin and Ethereum reach record-high prices, miners can increase their spending on hardware and companies developing mining ASICs waste no time rolling out new models. Bitmain, a designer of mining accelerators, has reportedly placed an order with TSMC to produce an ASIC using the foundry’s latest N5 fabrication process (5 nm).   Taiwan Semiconductor Manufacturing…