Move over, Raspberry Pi. When it comes to cheap, no-frills microcomputers, there is a new player in town. A company called Next Thing just launched a Kickstarter campaign for Chip, a $9 micro PC with built in Wi-Fi and Bluetooth. When Chip starts shipping in 2016, it is certain to give the Raspberry Pi a run for its money.

Smaller than a credit card, Chip sports a fully integrated battery power circuit so that users can take their projects mobile – no power cord needed.  The devices boasts a 1 GHz processor, 412 MB of RAM and 4 GB of onboard storage. And to make out-of-the-box use easier, Chip will ship with a mainline version of Linux preinstalled, with dozens of useful applications and tools, like Libre Office, as well as games. Chip will be able to run thousands of more free apps from the open source community.

The devices will also have built-in 802.11b/g/n Wi-Fi and Bluetooth 4.0.

“C.H.I.P. is built to be flexible,” the device’s creators say on their Kickstarter page.  “Whether you’re building yourself a wall clock that counts down time to the next bus at your stop, or setting up a network of hundreds of solar-powered air quality sensors for use in disaster relief, you need the same basic tools to start from: a processor, a way to exchange data, and a way to power everything.”

At $9, Chip’s price is ridiculously low. And according to PC World, Next Thing has a plan to keep it that way. First off, the device’s 1 GHz processor is built by Allwinner, a little-known, low-cost processor supplier, who supplied the chip for the $100 HP 7 G2 tablet.

Meanwhile, Next Thing also plans to order Chip’s components in large enough quantities to get discount pricing from suppliers, which is where the Kickstarter campaign comes in. The company needed funds to be able to place a large enough order with component makers to lock in the discount pricing. They appear to have succeeded. Next Thing’s goal was $50,000. As of the morning of May 12, the project has $932,393 raised from over 18,000 backers.