Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving


This text was initially printed by 8btc and written by Lylian Teng.

On October 9, 2019, the China-based cryptocurrency mining big Bitmain launched its two newest Antminer 17 fashions to an keen market. On the exact same day, one other main ASIC producer, Canaan, additionally rolled out its next-generation bitcoin miner A11 sequence.

Each new mining rigs from the top-two bitcoin miner producers characteristic a lot greater hash charges and efficiencies than earlier fashions, with Bitmain’s S17+ mannequin delivering a hash fee of 73 terahashes per second (TH/s) working at 40 joules per terahash (J/TH), and Canaan’s A1166 miner being able to processing 73 TH/s with an influence effectivity of 46 J/TH.

In keeping with the announcement, Bitmain’s different new mannequin, the T17+, presents a hash fee of 64 TH/s and energy effectivity of 50 J/TH. Bitmain’s two new fashions shall be obtainable for buy on October 11, 2019, and are scheduled to be shipped in the first 10 days of December 2019. The producer had already launched the Antminer S17e (64 TH/s, 45 J/TH) and T17e (53 TH/s, 55 J/TH) in September 2019, which had been snapped up in minutes as soon as made obtainable for sale.

On the similar day that Bitmain introduced its newest fashions, Avalon maker Canaan additionally introduced the launch of its strongest miners, the 73 TH/s A1166, which operates at 46 J/T, and the 61 TH/s A1146, which operates at 55 J/T. In keeping with Canaan Gross sales Director Chen Feng, the A11 fashions aren’t but obtainable to the public at the second however solely to some massive consumers for worry of a supply delay. To date, there are about 500,000 items of A10 and A11 in demand and the quantity is predicted to surpass 1 million in 2020. Chen added that extra highly effective and environment friendly 7nm miners and miners with extra superior 5nm processors are on the means as properly.

In keeping with information from, the Antminer S17 Professional (53 TH/s) is at the moment the most worthwhile miner and all of Bitmain’s newest S fashions are in the top-10 listing of the most worthwhile miners in the market. The remainder of the aggressive mining machines in the high listing embrace the Innosilicon T3+, StrongU U8 sequence, Whatsminer M20S and Ebit E11++.


With the introduction of the extra environment friendly 70T mining rigs, bitcoin mining could also be tougher and fewer worthwhile for particular person miners. Jihan Wu, co-founder of Bitmain, stated at the latest World Digital Mining Summit that miners have to enhance the effectivity of their mining gear if the value of bitcoin stays unmoved after the halving anticipated in Could 2020.

The submit Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving appeared first on Bitcoin Journal.

Source link Bitcoin Magazine


Be the first to comment

Leave a Reply

Your email address will not be published.