THELOGICALINDIAN - Bitmain may change the Bitcoin mining bold afresh with the accessible shipments of Antminer S19 the newest archetypal in the ASIC lineup
Antminer Yet to Announce Shipping, Prices for New Rig Model
Antminer S19 can bound accomplish the antecedent models that powered the Bitcoin arrangement obsolete. The latest models accept incomparable activity efficiency, and a hashrate of up to 110 TH/s for the Pro edition. The new apparatus can alpha alteration the bold for BTC mining, which continues to be acutely competitive.
The new mining rig is alert as able as the S17 model, which alcove 55 TH/s. Currently, it is apparently accessible to mine 1 BTC per year with almost 4 S17 rigs. The newest archetypal additionally shows how far the Bitcoin arrangement has grown. Just one S19 apparatus could accept replaced all the mining ability aback in 2013.
But the new archetypal may lower the cardinal of rigs bare to alpha mining. For now, the date to barrage and address the S19 is unknown, as able-bodied as the bazaar price. It may booty months afore the new machines are chip into mining farms.
Bitcoin Mining Continues to be Highly Competitive
Currently, shipments of the S17 archetypal are awful active, and farms still use earlier models that still accept mining capacity. The BTC hashrate is now consistently abutting to, or aloft 100 quintillion hashes per second. Mining has slowed bottomward a bit, and the latest adversity acclimation brought bottomward the difficulty, admitting by aloof 0.38%. This is the aboriginal bottomward alteration in adversity back December 2024.
The barrage of a new, added able model, is abacus to the abiding bullish signs accustomed off by BTC mining. Bitmain, which went through a adverse year in 2024, has not accustomed up on ablution new models and acknowledging the mining economy. Despite the bootless IPO, Bitmain charcoal a baton in ASIC production, and a cogent access amid mining pools.
More able ASIC with bigger activity ability may be bare as miners will attempt for aloof 6.25 BTC per block. The halving, accepted in beneath than 75 canicule by some counts, is accepted about May 12.
The accident may account abate miners to capitulate, abnormally if BTC prices accelerate beneath breakeven. With new mining rigs, beyond pools may abide to acquire acceptable rewards. For now, it charcoal to be apparent whether miners capitulate, or aggravate their efforts. Breakeven prices for miners ambit from as low as $3,500 per BTC, to aloft $7,000 based on college electricity and accouterments costs.
What do you accomplish of Bitmain’s latest bitcoin mining product? Add your thoughts on it below!
Images via Shutterstock, Twitter @Antminer_main
