Leading Application Specific Integrated Circuit producer Bitmain announced two new series 17 Bitcoin mining machines in a blog post published on Oct. 9.Bitmain: higher efficiency and hashrate.
Bitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit in Frankfurt.
Bitmain claims that the new ASICs feature improvements to power efficiency and hashrate.
"The Antminer S17+ has a hash rate of 73 TH/s and operates with a power efficiency of 40 J/TH + 10%, while the T17+ offers a hash rate of 64 TH/s and a power efficiency of 50 J/TH + 10%.".
The announcement also mentions the dual tube heat dissipation technology featured in the new machines and claims that "The space between the air inlet to the air outlet has been reduced by 50%" which, in turn, improves both heat dissipation and fan noise.
The introduction of ASIC miners changed the face of cryptocurrency mining, which previously relied on graphics processing units to solve the cryptographic puzzles in mining cryptocurrencies.
ASICs are custom-built to a specific algorithm and can far outperform even the most powerful GPUs to mine cryptocurrencies, although some cryptocurrencies are ASIC-resistant.
In September, Binance announced a platform for connecting global crypto miners with farm owners.
The World Digital Mining Map, which is also slated to launch during the WDMS, will purportedly connect mining hardware owners with mining farms who will provide the available power resources to host them for a fee.
Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs
Publié le Oct 9, 2019
by Cointele | Publié le Coinage
Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate
Polkadot launched a stand-alone blockchain today, although the network is not considered the project's mainnet yet.
Industry Leaders Battle over the Future of Crypto in New Documentary
New documentary reflects on the competing narratives shaping the crypto industry.
Cameron Winklevoss on Crypto Regulation: "Free-for-Alls Don't Work"
Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules.
New Crypto Bull Run 'Inevitable' Says Data Analytics Company CEO
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest.