On the World Digital Mining Summit in Dubai, the main application-specific built-in circuit (ASIC) bitcoin mining rig producer, Bitmain, revealed the corporate’s strongest bitcoin mining system so far. The brand new Antminer S19 XP will boast as much as 140 terahash per second (TH/s) and makes use of 27% much less electrical energy per terahash than essentially the most environment friendly and worthwhile bitcoin miner immediately.
The New Antminer S19 XP Boasts 140 TH/s and 27% Much less Electrical energy Consumption per Terahash
This week the bitcoin mining trade has been buzzing a couple of new ASIC SHA256 mining rig manufactured by the corporate Bitmain. Information in regards to the new miner was first leaked by the Chinese language journalist and former Bitmain worker Colin Wu. The journalist wrote that in comparison with the present technology of Antminer S19s, the most recent in the collection of fashions has “been tremendously improved.” Following Wu’s tweet on November 6, Bitmain hosted the World Digital Mining Summit (WDMS) in Dubai and revealed the agency’s next-generation machine.
New S19XP @BITMAINtech introduced at #WDMS convention pic.twitter.com/fkLryIhdIx
— Denis Rusinovich (@DenisRusinovich) November 10, 2021
Bitmain’s new miner will pack plenty of computing energy as 140 TH/s would be the strongest mining rig launched available on the market so far. The brand new rig’s specs present the miner’s effectivity is 21.5 joules per terahash (J/TH), which is significantly extra environment friendly than the S19 Professional’s 29.5 J/TH. The S19 XP not solely will use 27% much less electrical energy per terahash, it additionally claims to offer 37% extra hashpower per kilowatt-hour (kWh). The S19 XP leverages the SHA256 mining algorithm and has an influence consumption of three,010 watts off the wall.
5 Chosen Firms Will Be First to Purchase Bitmain’s New Machines
In line with the announcement, the machines might be out there to most people in July 2022. Nonetheless, it appears that evidently 5 bitcoin mining operations have been chosen to be Bitmain’s first S19 XP prospects. Greenidge Technology Holdings Inc. (Nasdaq:GREE) was one of many firms chosen and Ault World Holdings’ (NYSE American:DPW) subsidiary Bitnile was additionally chosen to associate with Bitmain. Milton “Todd” Ault, III, the corporate’s government chairman, tweeted some pictures of himself signing a contract on stage in Dubai.
Full home for the brand new s19 XP bitmain miner reveal. #WDMS pic.twitter.com/RRmIeiAiXa
— Alejandro De La Torre (@bitentrepreneur) November 10, 2021
Bitnile disclosed the brand new cargo of Antminer S19 XPs might be leveraged on the agency’s Michigan information middle and “end result in a big enhance in Bitnile’s Bitcoin mining capabilities and future revenues.” The announcement stemming from Greenidge particulars that the corporate goals to deploy its models “at a facility to be developed in South Carolina or Texas.” Greenidge additionally defined that the supply of S19 XPs will happen in the “third quarter of 2022.”
Bitmain’s Antminer S19 XP may also boast 5-nanometer (5-nm) chip expertise and the semiconductors come from Taiwan. Within the Greenidge S19 XP acquisition announcement, Bitmain’s enterprise improvement director of the NCSA area, Irene Gao, mentioned the brand new S19s. “Like Greenidge and lots of of our prospects, Bitmain is devoted to bettering the carbon footprint of the bitcoin mining trade. That’s the reason we’re thrilled to announce not solely the S19 XP but in addition the inexperienced Antminer S19 XP.” Gao concluded:
Bitmain is manufacturing a restricted version inexperienced Antminer S19 XP and is offsetting 100% of the carbon footprint related to the manufacturing and the primary 12 months’s operation of those miners by buying carbon offset credit.
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