A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device
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A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device

THELOGICALINDIAN - The cryptocurrency association has been discussing a anew appear bitcoin miner alleged the Numiner NM440 that claims to aftermath speeds of up to 440 terahash per additional THs Furthermore a publiclylisted aggregation alleged Sphere 3D has abundant that it purchased 60000 Numiner NM440 mining rigs and aims to arrange 32 exahash per additional EHs of SHA256 hashpower Furthermore theres been some atheism amid associates of the crypto association on whether or not the hashrate acceleration claims are legitimate

**Editor’s Note: This commodity has been adapted to reflect comments from the close Cerebras Systems apropos the angel Numiner uses.

Numiner NM440 Revealed, Manufacturer Claims Device Boasts Speeds Up to 440 TH/s

A cardinal of crypto supporters accept been talking about a new bitcoin (BTC) miner that claims to action speeds that are college than any mining rig on the bazaar today. Furthermore, the apparatus alleged the Numiner NM440 series, allegedly processes at college hashrate speeds than Bitmain’s accessible models. That’s because the Numiner NM440s reportedly produces 440 TH/s, in allegory to the Bitmain Antminer S19 XP (140 TH/s) and the Antminer S19 Pro Hyd. (198 TH/s).

In accession to the anew appear mining rigs, a publicly-listed close alleged Sphere 3D (Nasdaq: ANY) has appear it has purchased 60,000 Numiner NM440s. According to the press release, Sphere 3D will “receive 12 pre-production NM440s for final appraisal and testing to [be] completed on or afore June 1, 2022.”

After a final evaluation, added batches will be alien to Sphere 3D with the advantage to acquirement an added 26.4 EH/s of machines. The accepted accord of 60,000 NM440s amount Sphere 3D $1.7 billion, according to the company. Sphere 3D’s stocks saw a acceleration afterwards the announcement, jumping 30% higher.

According to Numiner’s website, the close says the flagship NM440 is “the world’s best able and environmentally affable miner.” In accession to the massive 440 TH/s, the blueprint affirmation a distinct NM440 gets an ability appraisement of 20.2 joules per terahash (J/TH). The web aperture claims the machines accord a 75% abridgement in activity burning and the close added insists if “all bitcoin miners deployed the NM440, all-around bitcoin mining activity burning in 2024 would bead from ~121 terawatt-hours (TWh) of electricity1 to ~30 TWh.”

Luxor Mining Says ‘Reported Specs Are Highly Dubious’

While the blueprint are bigger than best machines on the market, bodies are apprehensive if the machines are accepted and individuals are analytical about the new company. Poolin’s Alejandro De La Torre tweeted about the new miner and said: “Never heard of these guys before.” Luxor Mining tweeted about the advertisement as able-bodied and on Twitter it asked its followers if bodies anticipation it was legit.

“Numiner came out of boilerplate and appear a 444 TH/s miner with an ability of 20.2 J/TH,” Luxor Mining said. “These specs would accomplish it an industry-leading ASIC. What do we anticipate fam, is this affair legit?”

Luxor Mining connected to be agnostic and added said: “Jokes abreast apropos the Numiner NM440: When we saw Gryphon’s preorder yesterday, we were awful agnostic but gave the rig the account of the agnosticism due to Gryphon’s columnist release. That said, there are too abounding red flags for us to attention the NM440 as a accepted product,” the mining operation added. Luxor Mining added remarked:

The Chinese announcer accepted as Wu Blockchain discussed the Numiner activity as able-bodied on February 3. “Numiner appear its new bitcoin mining apparatus NM440, uses TSMC chips and cooperates with Foxconn and Xilinx, the accomplished 440T in history and 20.2 J/T. Sphere 3D has committed to buy 60,000 NM440 for $1.7 [billion]. (The actuality of the abstracts is questionable),” Wu Blockchain said.

The website does say that the Numiner models are actuality produced in allocation with TSMC, Foxconn and Xilinx. While abounding questioned the angary of the project, others fabricated jokes about the pictured unit’s Mountain Dew colors, aesthetics and features.

Meanwhile, the bitcoin miner Gryphon Digital Mining’s appropriate purpose accretion aggregation (SPAC) accord was reported on by Coindesk in mid-November 2021. The advertisement added covered Sphere 3D’s accretion of 60,000 mining rigs from Numiner on Thursday. Gryphon tweeted on February 3, and said that the mining operation was “excited at the anticipation of alive with Numiner as our awaiting alliance partner, Sphere 3D.” Interestingly, Sphere 3D hasn’t tweeted back February 14, 2019.

In a bulletin beatific to Bitcoin.com News, the close Cerebras Systems says that the angel of the Numiner NM440 is a misappropriated angel of the company’s Cerebras CS-2 product.

“We are acquainted of a startup crypto mining aggregation application a misappropriated, adapted angel of the Cerebras CS-2 artefact for their own business purposes,” a agent from Cerebras told our newsdesk. “This angel break passes off our CS-2 as their own product, as you can see by the Cerebras logo still arresting at the basal of the image. We are not working, or contrarily affiliated, with this company. We are demography accomplish to abode the situation,” the company’s agent added.

What do you anticipate about the Numiner NM440? Do you anticipate the aggregation will aftermath the world’s best able bitcoin miner? Let us apperceive what you anticipate about this accountable in the comments area below.

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