AsicBoost design promises 20% faster Bitcoin mining

[freetrader]

Patent-pending ASIC improvement by Timo Hanke in collaboration with Sergio Demian Lerner promises 20% faster Bitcoin mining.

AsicBoost is a patent-pending method to lower your total cost per Bitcoin mined by approximately 20%.
AsicBoost reduces the gate count on Bitcoin mining chips, improving the metrics of energy consumption (Joule per Gh) and system cost ($ per Gh/s).
AsicBoost makes all the difference between a profitable and an unprofitable Bitcoin mine.

Website:
http://www.asicboost.com/

Paper here:
http://www.math.rwth-aachen.de/~Timo.Hanke/AsicBoostWhitepaperrev5.pdf

 

[VeritasSapere]

Pretty cool, but as far as I understand this still needs to be implemented in the manufacturing stage. So it is something that is of more interest to the chip manufactures as opposed to the miners themselves, miners only care about the bottom line of their chips efficiently regardless of the technology that is used.