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Bitmain Unveils New ASIC Miner with 860 TH/s Performance

Sep 21, 2024
  1. Bitmain's New Miner
  2. Performance and Impact
  3. History of Bitmain's Miner Performance

Bitmain has unveiled its new ASIC miner, significantly surpassing previous models in performance. The new device could have a substantial impact on the cryptocurrency mining industry.

Bitmain's New Miner

The new ASIC miner from Bitmain delivers a performance of 860 TH/s, which is 81.81% faster than the previous Antminer S21 XP Hydro model, which had a performance of 473 TH/s.

Performance and Impact

This increase in power could significantly impact the Bitcoin mining industry, allowing for more efficient cryptocurrency mining. The new miner has the potential to boost the overall computational power of the Bitcoin network, which reached a record 693 EH/s in September 2024.

History of Bitmain's Miner Performance

Since the release of the first Antminer S1 in 2013, Bitmain's miner performance has grown substantially. The first model delivered only 180 GH/s (0.18 TH/s), marking an impressive 477,677% growth in performance over a decade. Experts believe that Bitmain's new miner could shift the balance of power in the industry by providing miners with more efficient tools to compete in the market.

With the new ASIC miner from Bitmain, the Bitcoin mining industry can expect significant changes due to increased performance and efficiency.

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