Auradine’s Teraflux Bitcoin Mining Systems

Introduction

From semiconductor giants to SHA-256 hashing, Auradine has emerged as a disruptor in an industry long dominated by first movers. This feature explores the company’s origin story, its leadership in next-gen ASIC hardware development, and a close look at its flagship Teraflux Bitcoin Mining systems.

The Genesis of Auradine

Founded in 2022, Auradine emerged from Silicon Valley with a mission to revolutionize the Bitcoin mining landscape. Leveraging the expertise of industry veterans and a team of seasoned engineers, the company set out to address challenges around energy efficiency, scalability, and sustainability in mining operations.

Auradine was born from a recognition that Bitcoin mining hardware needed a redesign — equipment that would address not only performance and total cost of ownership (TCO), but also grid stability and supply chain security. Led by executives with decades of experience in semiconductors, cloud infrastructure, and energy systems, Auradine quickly secured customer and investor confidence. 

The Team Behind the Tech

Auradine emerged from Silicon Valley's semiconductor establishment with a founding philosophy rooted in startup agility and enterprise-grade execution. The company was founded by a team of entrepreneurs and technologists, raising $81 million in Series A funding (which valued the company at over $500 million), followed by a recent $153 million Series C funding round. These investments will accelerate research and development, production scaling, and expansion into lower-power AI compute. 

Demonstrating strong market traction, Auradine has already achieved over $80 million in 2025 bookings and boasts a robust order pipeline exceeding $200 million, having shipped products to over 30 leading industrial-scale Bitcoin miners.

The collective experience of Auradine's leadership represents an unusual depth for a startup in the Bitcoin mining domain. What sets Auradine apart isn't individual pedigree, but rather the collective startup experience of building companies from zero to billion-dollar valuations. As Chief Strategy Officer (CSO) Sanjay Gupta explains, "The co-founders have startup experience from the start, not just established company backgrounds." This DNA shapes the company from product development to company culture.

Key executives driving Auradine's innovation include:

• Rajiv Khemani (Co-founder, President & CEO): A serial entrepreneur with a record of building multi-billion-dollar companies. His first startup, NetBoost, was acquired by Intel for $225 million in 1999. He later served as Chief Operating Officer at Cavium, which was acquired by Marvell for $6 billion in 2018. His third venture, Innovium, also saw a successful acquisition by Marvell for over $1.2 billion in 2021. Khemani's extensive background spans the infrastructure space, semiconductors, and networking.
• Barun Kar (Co-founder & COO): As employee number 10 at Palo Alto Networks, Kar spent over 15 years at the cybersecurity giant. His deep experience in security and SaaS is foundational to Auradine's secure infrastructure solutions.
• Sanjay Gupta (Chief Strategy Officer): Gupta leads strategy, business development, and marketing for Auradine. With over 25 years of senior-level experience across global technology and financial services companies, his previous roles include Executive Vice President at ACI Worldwide, Senior Vice President at Western Union and Wells Fargo, and Associate Partner at McKinsey & Company.
• Lisa Sidel (VP & General Counsel): Sidel brings over 20 years of experience in corporate governance, compliance, securities offerings, SEC reporting, mergers and acquisitions, commercial transactions, and corporate law. She held key legal positions at SiTime Corporation, Freshworks, Inc., and Cavium, Inc.
• Atul Dhablania (Chief Systems Operations Officer): Dhablania possesses over 30 years of experience, including more than two decades in cybersecurity and over a decade in microprocessor design. He previously served as Chief Operating Officer of SonicWall Inc., and Vice President of Hardware Engineering and Worldwide Operations for Dell SonicWALL. Dhablania holds 11 patents in computer architecture, arithmetic, and systems design.

This extensive and diverse background enables Auradine to offer comprehensive silicon and software systems that extend beyond a narrow focus on hashrate and efficiency. The company’s collective experience in building high-performance, energy-efficient, and secure infrastructure products for multi-billion dollar companies provides a unique advantage in developing ASICs that are not just powerful but also resilient, manageable, and optimized for real-world deployment and grid integration. Auradine’s leadership profile positions the company as a sound partner for institutional miners and energy companies.

Technological Innovations

Auradine has branded its philosophy as Bitcoin 3.0, mining that works with the grid and for the planet. Core to this approach are the following proprietary technologies:

1. 3nm ASIC Chip Design

Auradine's 3nm ASIC chips represent the next phase in mining efficiency. These chips offer higher performance while consuming less power, a critical need for energy-efficient mining.

2. FluxVision Management Platform

Auradine's cloud-based fleet management platform provides real-time monitoring and control over mining operations. FluxVision is designed for Teraflux operators to seamlessly manage machines.

3. EnergyTune Technology

Auradine's firmware allows miners to dynamically adjust voltage and frequency tuning for optimizing performance or power draw. EnergyTune ensures that Teraflux miners can adjust electricity consumption based on real-time prices and grid demands. 

Grid Integration

Unlike traditional miners, the Teraflux Series machines can adjust frequencies in half the time, enabling smooth response to grid signals without frequent reboots. For operators, this translates to a smooth load curtailment without losing hashrate during demand response events, resulting in more consistent hashing and fewer lost earnings during curtailment periods.

Auradine has forged strategic partnerships with CPower Energy and Voltus, with Voltus identifying Auradine as its first direct OEM partner. This integration enables miners to participate in lucrative grid services, enabling miners to produce value beyond Bitcoin. 

Executive Insights: A Conversation with Sanjay Gupta, Chief Strategy Officer (CSO)

In an exclusive interview, Auradine's CSO Sanjay Gupta shared the vision behind Bitcoin 3.0 and the company's approach to transforming mining infrastructure.

On Vertical Integration as Competitive Advantage

Q: Why is the integration between hardware and software so critical for Bitcoin mining today?

"Beyond designing high-performance semiconductor chips at cutting-edge nodes such as 3 nanometer, we focus on unique capabilities for mining operations and profitability. Our firmware tracks every chip in the system, monitoring temperature, voltage, and frequency, and uses AI algorithms to optimize each chip's output. 'EnergyTune' lets miners adjust power and hash rate within seconds without rebooting, managed through our firmware and fleet management software. This vertical integration improves total cost of ownership and overall system performance — persistent weaknesses with other ASIC manufacturers stem from heavy hardware focus and underinvestment in software."

On Supply Chain Strategy and U.S. Manufacturing

Q: How does Auradine's approach address the current geopolitical challenges in mining hardware?

"Auradine has always emphasized being a US-based company, with an American team and all intellectual property developed in the US. The US government is taking an America-first technology approach, especially in Bitcoin mining. We support supply chain diversification, and our supply chain is resilient with final assembly in the US. US policy decisions should distinguish between companies importing final products versus those with US-based intellectual property."

On Building Culture at Scale

Q: What unique challenges do you face leading a world-class team at a rapidly growing company?

"The ongoing challenge is maintaining culture as we scale. We emphasize open communication, transparency, and information-sharing across the company, such as weekly meetings covering company status, board discussions, and financials. Staff from any department can interact and contribute. We aim to enjoy our work and preserve culture while recruiting and integrating new team members. As we grow from 20 to 40 to 100+ people, it's a constant effort."

On Innovation Philosophy and Long-term Vision

Q: What's driving Auradine's product roadmap over the next 12-24 months?

"We are pushing performance with advanced chips and systems to maximize joules per terahash and terahash per second. We're expanding form factors, notably growing our liquid-cooled/hydro-cooled product line, and providing air-cooled and immersion-cooled miners. We provide turnkey containers for large installations — standardized plug-and-play units for rapid deployment. We are enhancing energy management, including fleet-level energy tuning and demand response, particularly for clients balancing Bitcoin mining with AI/HPC data centers, ensuring efficient energy use across variable computing loads."

Teraflux AH3880 (Hydro): Engineered for the Future of Mining

Auradine’s Teraflux AH3880 model is specifically engineered to deliver exceptional performance across multiple operating modes, and the lowest total cost of ownership (TCO) for Bitcoin mining.

• Eco Mode: 14.8 J/TH at 400 TH/s
• Mid Mode: 16.3 J/TH at 500 TH/s
• Turbo Mode: 17.9 J/TH at 600 TH/s
• Operating Range: 10°C to 60°C coolant temperature
• Power Consumption: Up to 10,000W with three-phase AC input

• Key Features:
  • AutoTemp Protection: Continuous ASIC junction temperature monitoring with automatic TH/s balancing.
  • SMART Hashboard Technology: Resilience against multiple ASIC failures without system shutdown.
  • Coolant Monitoring: Real-time tracking of the coolant system with low-level alerts.
  • Zero Touch Provisioning (ZTP): Automated deployment and configuration via FluxVision Management Platform integration.
  • Comprehensive API Suite: 40+ REST endpoints enabling granular fleet control and predictive maintenance capabilities.
  • FluxGPT Integration: an AI-powered conversational management tool through Auradine's FluxVision fleet management platform. FluxGPT provides intelligent operational insights and troubleshooting capabilities unique in the mining hardware market.

Inside Auradine's R&D Lab

Auradine's research and development facility in Santa Clara, California is the center of its innovation. Equipped with advanced testing equipment and staffed by a team of experts, the lab focuses on continuous improvements.

Our team got an exclusive look inside Auradine’s R&D and manufacturing operations. Here, engineers iterate on chip design, software, and cooling solutions to meet diverse deployment needs.

AH3880 Highlights

• High-density Performance: Industry-leading hashrate in compact 2U form factor.
• Superior Thermal Management: Hydro-cooling with minimal 1 litre (L) coolant volume and flexible 5-20L/min flow rate.

AH3880 Profitability

Assuming an electricity cost of $0.060 per kWh, the Teraflux AH3880 currently generates an estimated daily profit of $17, translating to a monthly profit of ~$515 and an annual profit of ~$6,200 respectively. 

Turbo Mode Performance:

• Daily Profit: ~$17
• Monthly Profit: ~$520
• Annual Profit: ~$6,208
• Efficiency: 17.9 J/TH at 600 TH/s

Eco Mode Optimization:

• Daily Profit: ~$13
• Monthly Profit: ~$400
• Efficiency: 14.8 J/TH at 400 TH/s

Competitive Landscape: Auradine's Market Positioning

Auradine's emphasis on U.S.-based manufacturing addresses concerns over supply chain security and geopolitical risks. By producing domestically, the company ensures quality control and rapid deployment. Moreover, its focus on energy efficiency aligns with the global trend towards sustainable mining.

To contextualize Auradine's Teraflux series, a comparative analysis with current leaders in Bitcoin mining ASIC hardware is essential. The following tables provides a summary of leading hydro-cooled Bitcoin mining machine models:

While competitors, particularly Bitmain's hydro-cooled units, demonstrate higher peak hashrates and efficiencies, Auradine is not solely pursuing the absolute highest hashrate irrespective of cost or deployment complexity. Instead, its strategy balances performance, efficiency, and flexibility through feature-rich systems, with technologies like EnergyTune, FluxVision, and SMART hashboards, all of which are enabled by the underlying 3nm ASICs. This manufacturing strategy aims to capture a market segment that prioritizes easy deployment, robust uptime, and crucial demand response capabilities, unlocking the potential to deliver a superior total cost of ownership (TCO) for mining operations.

The vertical integration of hardware (3nm ASIC), firmware (EnergyTune), and software (FluxVision) allows for optimized system-level performance and responsiveness to external factors like grid signals, a capability often lacking in pure hardware vendors. This integrated approach is a direct result of the leadership team's diverse experience across semiconductors, software, and complex systems. Consequently, Auradine is positioned to offer an operational solution tailored for the evolving demands of professional Bitcoin mining, appealing to operators who prioritize long-term profitability, stability, and risk management over initial purchase price or peak performance.

Future Outlook

Looking ahead, Auradine plans to expand its product line into modular container solutions, ongoing enhancements to its ASICs and fleet management platforms, and deeper integration of AI-driven tools for optimization. 

With the recent $153 million Series C capital infusion, Auradine is poised to scale its impact on both the Bitcoin mining and broader compute commodity sectors. This funding will enable Auradine’s expansion into artificial intelligence infrastructure through the AuraLinks Initiative, targeting 3-5x improvements in AI networking performance with low latency, high bandwidth, and low power for Generative AI workloads.

Conclusion

Auradine’s Teraflux Series and AH3880 hydro-cooled model exemplifies how mining hardware can evolve beyond raw power to deliver resilience, sustainability, and better economics. Auradine’s vision addresses real market needs: energy efficiency, grid stability, supply chain security, and enterprise-grade support. In a post-halving landscape where every hash & watt counts, Auradine offers compelling advantages for operators evaluating hardware strategies. 

Disclaimer

This content is for informational purposes only, you should not construe any such information or other material as legal, investment, financial, or other advice.

About Auradine

Auradine was founded in 2022 by a world-class team of seasoned entrepreneurs and technologists with deep expertise in security, SaaS, semiconductors, and systems from companies such as Palo Alto Networks, Marvell, Intel, Google, and Wells Fargo. The team has a sustained track record of delivering market-leading products that have generated over $10 billion in revenues at multi-billion infrastructure companies and unicorns. For more information on Auradine and its products, visit Auradine's official website.

About Luxor Technology Corporation

Luxor Technology Corporation is a Bitcoin mining software and services company that offers a suite of products catered toward the mining and compute power industry. Luxor’s suite of software and services includes an open auction ASIC Marketplace, a Bitcoin mining pool, a Hashrate Derivatives Desk, an Antimer ASIC Firmware, and a Bitcoin mining data platform.