8nm – Idelto

Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter

Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06 per kilowatt-hour (kWh). Meanwhile, bitcoin mining rig manufacturing competitors like Strongu and Canaan have also released new products dedicated to SHA256 consensus algorithms.

While bitcoin markets have been on a recent tear, bitcoin mining profits have been significant during the last three months of 2020. This year, a number of new and next-generation miners have been released by firms like Bitmain, Microbt, and Canaan. The most profitable SHA256 mining rig today, one that can mine digital assets like BTC, BCH, and BSV, is the Bitmain Antminer S19 Pro, which clocks hashrate speeds of up to 110TH/s.

At a rate of $0.06 per kilowatt-hour (kWh) and current bitcoin prices, the S19 Pro (110TH/s) Antminer pulls in a daily profit of around $10 per day for each unit. Bitmain released the Antminer Pro S19 in May 2020 and during the last quarter of the year, three more powerful bitcoin miners have been released.

For instance, the mining rig manufacturer Microbt has released the new Whatsminer M30S++. The new miner is the next iteration of the M30 versions and the website claims the “hash king” can process speeds of up to 112TH/s. The machine pulls 3,742W off the wall, according to specifications. The Whatsminer machine leverages Samsung-brand 12nm semiconductors. Interestingly, the previous Whatsminer M30S+ version (100TH/s) utilized 8nm Samsung chips. On Microbt’s official mining rig shop, the Whatsminer M30S++ is selling for $3,900 per unit.

The latest Microbt miner is much smaller than the S19 Pro and petite compared to Canaan’s new Avalonminer 1246 as well. On December 5, news.Bitcoin.com reported on how a great number of mining rig manufacturers have been out of stock when it comes to next-generation devices.

At that time, Microbt’s website indicated there was a 120-day wait until the product shipped after settlement. However, during the writing of this report, news.Bitcoin.com has noticed Microbt’s website is now quoting “delivery within 2 weeks after 100% payment.”

Meanwhile, Canaan has released the new Avalonminer 1246 or A1246, which comes with a hashrate of 90TH/s and power consumption of around 3,420W, according to the web portal’s stats. Canaan’s new miner can be purchased today, but curious customers must set up a consultation to find out about pricing.

Second-market rig shops seem to be selling A1246 units for prices between $2,369 per miner to $2,725 per unit. The new Avalonminer is bigger than the Whatsminer M30S++ as it has four 12038 fans installed. The Canaan A1246 size is comparable to the size of Bitmain’s S19 Pro model. Canaan’s chip is called the “A12” and it is assumed the semiconductor is 12nm.

Canaan’s latest model was recently reviewed in a test report written by Cybtc.com. The test verified “under the normal working conditions, the hashrate is about 90TH/s.” “After the miner started, the hash rate quickly reached 90TH/s in a short time, the fan speed was about 6800, and the average hash rate was 90.05TH/s for a long time,” the review explains. Another company that has released a new mining rig during the last quarter of 2020 is the firm Strongu.

Strongu recently released the Hornbill H8 Pro which claims to mine at speeds up to 84TH/s. The Hornbill H8 Pro has a power consumption of 3360W off the wall and like the new Microbt Whatsminer, the latest Hornbill is also a much smaller miner. Specifications show the Hornbill H8 Pro leverages 8nm semiconductors. The company is selling the latest 84TH/s miner for $1,100 per unit according to the official web page.

All three new miners process the SHA256 consensus algorithm and can mine BTC, BCH, and BSV. At the time of publication, BTC’s overall hashrate is around 130 exahash per second (EH/s). The Bitcoin Cash (BCH) network is around 1.9EH/s and Bitcoinsv (BSV) is 1.2EH/s respectively.

What do you think about the latest bitcoin miner with 112 terahash speeds and the other bitcoin mining rig manufacturing competitors? Let us know what you think about this subject in the comments section below.

The post Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter appeared first on Bitcoin News.

Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung.

Bitcoin miners are finding it difficult to obtain next-generation application-specific integrated circuit (ASIC) mining rigs after a number of firms have sold out. Semiconductor goliaths like Samsung and TSMC have been struggling to keep up with the demand that was sparked by the Covid-19 outbreak.

On September 10, financial columnist, Vincent He, detailed that mining manufacturers like Canaan, Whatsminer, and Ebang have “sold out most of their stocks this year.” Furthermore, the report highlights that Bitmain still has leadership issues and delays in delivery.

Rumor has it, Innosilicon might be releasing a next-generation ASIC mining device at the end of 2020 that leverages Samsung’s 8nm chip. Vincent He says that the difficulties right now straining the next-gen mining rig supply, stems from the shortage of 7nm and 8nm semiconductors.

A research paper covering the semiconductor production equipment market notes that the coronavirus pandemic made the industry see exponential growth, as there was “increased demand for semiconductors in diverse applications.” Additionally, the semiconductor industry has seen a transition from traditional wafer producers to those creating Kerfless wafers.

Meanwhile, the Bitcoin (BTC) network’s hashrate has been considerably higher than usual, as the seven-day average touched 131 exahash per second (EH/s) this week.

Some of the top machines that are seeing the most profits today include Bitmain’s Antminer S19 Pro, Microbt’s Whatsminer M30S++, Innosilicon’s T3+, and Canaan’s Avalonminer 1166 Pro. These high-powered ASIC machines are leveraging semiconductors between 10nm to 7nm.

The report from China also notes that Microbt and Bitmain have sold a bulk of their stock to mining operations overseas. News.Bitcoin.com has covered a number of publicly disclosed sales invoked by Marathon Patent Group, Hut8, and Riot Blockchain.

Vincent He stresses with the next-gen ASIC shortage, older machines are getting a second life by being sold on secondary markets.

“The second-hand mining machine market is very active,” the author concludes. “Some big miners [are] choosing to sell the previous generation of second-hand mining machines, such as M20S and T17, [and are] gaining a lot of profits.”

What do you think about the shortage of next-generation ASIC bitcoin miners? Let us know what you think about this subject in the comments section below.

The post Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage appeared first on Bitcoin News.