Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
mining

Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share

THELOGICALINDIAN - Bitmain on Monday appear the Antminer T19 a cheaper bitcoin mining apparatus in an accomplishment to achieve absent bazaar share

The Beijing-based aggregation said the Antminer T19 has accretion ability or hashrate of 84 terahash per additional (TH/s) and ability ability of 37.5 joules per terahash (J/TH).

The latest accouterments is modeled afterwards Bitmain’s added able BTC miner, Antminer S19, alone cheaper. With hashrate of 95 TH/s, the S19 archetypal costs $1,785, some 2% college compared to the T19 series, which is affairs at $1,750.

“The Antminer T19 is housed with the aforementioned bearing of custom-built chips begin in the Antminer S19 and S19 Pro, ensuring able and able operations for mining cryptocurrencies,” said Bitmain in a blog post.

According to F2pool, a all-around bitcoin mining network, the new T19 archetypal generates up to $3.17 of accumulation anniversary day. That compares with balance of $3.96 per day for the Antminer S19. The abstracts are based on an boilerplate electricity amount of $0.05 per kilowatt per hour.

The T19 goes on auction on June 1, with a absolute of two miners per chump “to anticipate accession and to ensure that added alone buyers can acquirement miners,” Bitmain declared. The new mining accessories will be alien amid June 21 and 30, it said.

It is added able than the antecedent T17 model, which, calm with the Antminer S17, has bootless at a college amount of 20% – 30%. The “normal” abortion amount is about 5%. Antminer T19 comes with “upgraded firmware,” evidently to action “faster start-up speeds.”

The new miner comes at a time Bitmain has accustomed up arena to arising adversary Microbt. The absolution additionally coincides with Bitcoin’s programmed accumulation cut of May 11, which bargain miner acquirement by 50% to 6.25 BTC per block. The halving has affected miners to attending for added able mining equipment.

According to Coinshares, Bitmain may accept absent 10% of its ascendant bazaar allotment in 2024, as Microbt, maker of the Whatsminer series, connected to advertise added mining ability throughout the world. The trend is accepted to accept connected in 2024.

Earlier on Monday, Canadian close Bitfarms Ltd. announced the acquirement of 1,847 Whatsminer M20S BTC mining machines. Delivered aural four to bristles weeks, the mining accouterments is accepted to add about 133 petahash per additional (PH/s) to the company’s installed accretion ability and advance accretion ability to over 15 PH per megawatt, it said.

What do you anticipate about Bitmain’s new product? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Bitmain