Bitmain Launches Subsequent Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Bitmain Launches Subsequent Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Bitcoin
September 11, 2019
5
Final Thursday the China-based mining rig producer Bitmain introduced the launch of two new Antminers that supply hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale began on Monday, first batch units offered extraordinarily quick and Bitmain expects to ship items by mid-November. In the meantime, the mixed SHA256 hashrate (BCH
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Final Thursday the China-based mining rig producer Bitmain introduced the launch of two new Antminers that supply hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale began on Monday, first batch units offered extraordinarily quick and Bitmain expects to ship items by mid-November. In the meantime, the mixed SHA256 hashrate (BCH and BTC) has grown exponentially, touching 100 exahash per second (EH/s) on Tuesday.

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Bitmain Launches Two New Subsequent-Era Miners With Hashrates of 53-64TH/s

Mining cash like BCH and BTC is extraordinarily aggressive and lately mining rig producers have been launching next-generation units making the competitors even larger. Final week, on Sep. 5, Bitmain Applied sciences introduced the launch of its latest set of Antminers after releasing a number of variations of SHA256 mining rigs over the previous couple of months. The newest variations embrace the Antminer S17e and the T17e which will likely be offered in three batches. In accordance with Bitmain’s specs, each machines have been optimized to carry out with “important enhancements to energy effectivity and hashrate.” The S17e has a mean hashrate of 64TH/s and 45 joules per terahash (J/TH). The Antminer T17e provides hashrate speeds of as much as 53TH/s and energy effectivity of roughly 55J/TH. Thus far each batches of the brand new Antminers have offered out and the final sale will finish Wednesday morning on Sep. 11.

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Along with the brand new Antminers, Bitmain launched a compensation technique for supply delay. So if mining rigs should not shipped on the desired supply dates then Bitmain will compensate users with coupons for every day of delay, based mostly on PPS rewards of the mining pool and electrical energy value deducted. Bitmain defined that each new fashions have been created for higher effectivity and longevity as effectively. “Each new fashions have been designed for extra steady operations within the long-term to cut back upkeep prices for users,” Bitmain detailed final week. “That is made doable by way of the twin tube warmth dissipation mechanism which improves how effectively warmth dissipates. The fashions are additionally geared up with a safer software program system to forestall malicious assaults.”

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Bitmain may also be internet hosting the second annual World Digital Mining Summit (WDMS) in Frankfurt Germany on Oct. 8-10 2019. The 2-day occasion will deliver collectively a few of the largest entrepreneurs within the mining business like Genesis Mining Marco Streng and Bitmain’s cofounder Jihan Wu. One particular occasion on the WDMS convention introduced this week will likely be a contest for the “high ten mining farms all over the world.” This can permit the mining business to vote on the most effective mining farms on the market right this moment. With a purpose to take part, miners have to disclose their location, capability, mining farm techniques, internet hosting value, size of operations, and submit pictures of their crypto mines. Individuals should submit all required supplies by electronic mail earlier than September 13 and winners will obtain VIP tickets to WDMS.

Excessive-Powered Mining Rigs Push the SHA256 Hashrate Above 100EH/s

With 64TH/s and 45J/TH, the brand new Antminer S17e could be essentially the most worthwhile mining rig right this moment, based on asicminervalue.com. On the time of writing, calculating present costs and with an electrical energy value of $0.13 per kWh, the S17e would revenue by $8.86 per day mining BTC (if it was out there to the general public right this moment). Earnings per day may be totally completely different relying on the worth per coin on Nov. 2019 and chain issue. The brand new Antminer fashions will compete with the Microbt Whatsminer M20S (68TH/s), Ebang Ebit E11++ (44TH/s), and the Strongu STU-U8 professional (60TH/s).

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
High 12 mining rigs on Sep. 10, 2019.

The remainder of the aggressive mining rigs within the high checklist are different Bitmain fashions too such because the S17 professional (53TH/s), and the S17 (56TH/s). In 2019 Bitmain has launched a large assortment of SHA256 appropriate miners together with the brand new legacy S9 sequence, and the T model fashions. There’s nonetheless a bunch of low hashrate miners out there on the Bitmain web site, however most larger efficiency machines are promoting out rapidly. Nonetheless, with an electrical energy value of $0.13 per kWh, any mining rig on the stock that performs at greater than 13TH/s is profiting at right this moment’s BTC and BCH costs. On Sep. 10, it’s presently 4% extra worthwhile to mine on the Bitcoin Money decentralised public ledger based on costs and Coin Dance statistics.

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
On Sep. 10, 2019, at 12 p.m. EDT, it was 4% extra worthwhile to mine the BCH chain. Do you need to maximize your Bitcoin Mining potential? Plug your individual {hardware} into the world’s most worthwhile Bitcoin mining pool or get began with out having to personal {hardware} by way of considered one of our aggressive Bitcoin cloud mining contracts.

Each chains’ SHA256 hashrate mixed on Sep. 10 crossed the 100 exahash per second (EH/s) area as BTC captured 98.53EH/s and BCH gathered 2.4EH/s. If and when SHA256 networks can exceed 500 exahash per second, the processing energy will penetrate the zetahash period. BTC’s hashrate is 8X extra highly effective than Dec. 2017 on the peak of the bull run, and this previous June the BTC hashrate was 55EH/s which almost doubled in three months. The BCH chain hashrate has hovered between 2-2.6EH/s during the last three months with 11 swimming pools processing BCH blocks. There are 10 swimming pools mining BTC with 18.1% of the hashrate being stealth mined by unknown miners. On Sep. 10, 22% of the BCH chain hashrate consists of unknown mining swimming pools as effectively.

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
On Sep. 10, 2019, each SHA256 networks (BTC & BCH) mixed crossed 100EH/s.

With stock costs at what they’re right this moment, each BCH and BTC miners are seeing important earnings in comparison with final 12 months’s costs. At present speeds, each SHA256 networks’ reward halvings will likely be at completely different occasions. The BTC chain is anticipated to see its reward halving in 248 days on Could 16, 2020, whereas the BCH chain is anticipated to chop its block reward on April 8, 2020. Each dates should not precise and the time may change if hashrates enhance or decline from right here. The onslaught of latest machines produced by producers like Bitmain, Strongu, Innosilicon, and Microbt ought to proceed to extend the general SHA256 hashrates on each networks.

What do you consider the most recent Bitmain miners and the exponential SHA256 hashrate? Tell us what you consider this topic within the feedback part under.

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Picture credit: Shutterstock, Bitmain, asicminervalue.com, Fork.lol, Coin Dance, Wiki Commons, and Pixabay.


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