Bitmain has announced the release of the Antminer L9, an application-specific integrated circuit (ASIC) miner tailored for coins that use the Scrypt algorithm, such as litecoin and dogecoin. The company reports that this new model provides 16 gigahash per second (GH/s) in hashing power and achieves an energy efficiency of 210 joules per gigahash (J/G). […]
Bitcoin News
Bitmain to Support Aleo’s PoW Blockchain With Latest Antminer Release
Crypto mining rig manufacturer Bitmain plans to release a new Antminer supporting the proof-of-work (PoW) blockchain network Aleo. The announcement comes after Bitmain’s recent launches of filecoin and kaspa machines and the company’s latest series of bitcoin miners.
Aleo’s L1 Blockchain to Get Bitmain Mining Support
According to a recent Bitmain post, the company intends to introduce a miner compatible with the forthcoming blockchain network Aleo. The Aleo PoW blockchain is currently in testnet mode and hasn’t fully launched. It’s a layer one (L1) blockchain that employs zero-knowledge proofs to bolster privacy while retaining programmability. Aleo uses a statically typed programming language inspired by Rust named Leo.
“To support the prosperity of the Aleo ecosystem, Bitmain plans to launch the Aleo Antminer,” the post published by Bitmain disclosed.
The announcement from Bitmain follows several new product launches over the past few months. In late July, the company announced a filecoin (FIL) mining rig. The subsequent month saw the shipment of Bitmain’s kaspa (KAS) mining machines. Shortly after announcing the Kaspa deliveries, Bitmain revealed an August release of a monero (XMR) mining rig. More recently, Bitmain launched two next-generation bitcoin (BTC) miners from the S21 series.
A report two weeks ago suggested that Bitmain has faced financial challenges and reportedly struggled to pay its staff. Following that report, however, Bitmain secured two contracts with two mining operations based in the U.S. The company sold a combined 5.8 exahash per second (EH/s) of its new S21 Antminers to Iris Energy and Cleanspark.
Aleo has garnered significant attention, much like other venture capital-backed layer 1 blockchains such as Solana, Aptos, and NEAR did prior to their debuts. In April 2021, Aleo’s team secured million in a Series A round led by Andreessen Horowitz (a16z).
In February 2022, Aleo’s Series B funding reached 0 million, elevating the project beyond unicorn status. Softbank Vision Fund 2 and Kora Management LP jointly led the round, with participation from a16z, Tiger Global, Sea Capital, Slow Ventures, and Samsung Next.
What do you think about Bitmain’s latest announcement about an upcoming miner that supports the Aleo network? Share your thoughts and opinions about this subject in the comments section below.
Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit
Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S21, is being hailed by Bitmain as the market’s most proficient machine, marking a pivotal shift in the industry into the 1X joules per terahash (J/T) era.
Antminer S21: Bitmain’s Next-Gen Bitcoin Miner to Debut at Hong Kong’s WDMS 2023
The impending launch of this new mining rig has been detailed in a report by Weixin, which highlights that the device will be revealed at the 2023 WDMS in Hong Kong from September 22 to 23, 2023. The Antminer S21, whose existence was also confirmed by local Chinese crypto reporter Colin “Wu Blockchain,” is poised to take center stage.
“Bitmain announced that it will hold the Summit in Hong Kong from September 22 to 23, 2023 and release the latest Antminer S21 bitcoin mining machine,” proclaimed the reporter on the social media platform X. “It claims that the energy efficiency ratio is lower than 20 J/T for the first time.”
While the Weixin report refrains from disclosing the exact ratio, it underscores that the machine will shepherd “the global mining industry into the 1X J/T era with unparalleled computing power and performance.” Additionally, Bitmain announced at the conference that it will introduce a customer point system for S21 buyers, offering them discounts on the machines. The report, however, also remains silent on the specific terahash output of the new machine or whether the S21 will constitute a series of miners.
Back in May, Bitmain’s rival Microbt took the wraps off a hydro-cooling Whatsminer machine, designated the M53S++, boasting up to 320 terahash per second (TH/s) and an efficiency ratio of 22 J/T. In comparison, Bitmain’s top-performing miners, the Antminer S19 Pro Hydro and the Antminer S19 XP Hydro, achieve 184 TH/s and 257 TH/s, respectively. The XP bitcoin mining machine crafted by Bitmain narrowly approaches the 20 J/T mark, registering at 20.8 J/T.
What do you think about the upcoming Antminer set to be revealed at the 2023 WDMS Share your thoughts and opinions about this subject in the comments section below.
World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function
PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which was sold by BITMAIN, thereby reducing the cost of miners for investors and improving the return on investment efficiency. Currently, ANTMINER coupons can be transferred through the BITMAIN website, and miner investors can find relevant information on the Coupon Master, which is BITMAIN official forum.
BitFuFu’s launched coupon trading function to provide a formal platform for global miner investors to communicate, trade, and circulate ANTMINER coupons, so that traditional investors and new investors can obtain relevant information about coupons in a timely manner, and realize safer and more convenient coupons trading transactions, while avoiding the disturbance caused by fake coupons in the market.
Based on the Standardized trading process, interested investors can easily match the expected type and price of coupons through simple searching on BitFuFu to achieve efficient trading. For coupon holders, they can quickly dispose of idle preferential resources and obtain additional funds, allowing them to develop mining plans more flexibly. BitFuFu’s coupon trading function promotes the circulation of ANTMINER coupons, further improving their mining production and operation efficiency.
Built upon BitFuFu’s proprietary technologies, the coupon trading function on BitFuFu’s official website creates a secure and transparent trading platform for ANTMINER coupons trading and verification. BitFuFu believes that its strategic partnership with BITMAIN will help attract coupon holders and interested investors to its platform, creating traffic vortex to further promote transactions. The launch of the trading platform not only creates a market for coupon buyers and sellers, but also promotes the circulation of ANTMINER coupons and market activity. At the same time, it will also provide convenience for new investors to enter the mining industry, and promote capital increments and changes in the mining industry.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Zcash Exercises Restraint as the Antminer Z11 Release Approaches
n While many project leaders are concerned about Bitmains monopoly and have upgraded their networks to make them ASIC-resistant, the position of Zcash remains ambivalent after the new Antminer Z11 releasen
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Bitmain Reveals Specifications for Its Profitable Antminer 17 Series
n nn nn This article was originally published by 8btc and written by Chloe Jiang.Bitmain, the worlds largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines, which will be globally available on April 9, 2019.The new mining equipment in the 17 series will include the Antminer S17, Antminer S17 Pro and Antminer T17. According to Bitmain, these are the three most advanced BTC and BCH miners under the SHA-256 algorithm.The
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Bitmain Announces Launch Date for Antminer S17 Series
n Chinese crypto mining giant Bitmain has announced a launch date for its new energy-efficient Antminer S17 series minersn
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Bitmain Announces Antminer s17 Date Can It Turn the Companys Fortunes Around
n nn nn Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.The Antminer S17 is the latest in the companys line of fabless mining chips. According to the post, the chips, which are expected to go on sale from April 9, 2019, will provide an energy-efficient means of mining popular cryptocurrencies such as bitcoin and bitcoi
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China Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware
n Bitcoin mining behemoth Bitmain has officially released two new 7nm nanometer Antminer crypto mining machines, designed to mine with the SHA256 algorithmn
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Bitmain Releases Overt AsicBoost Firmware for Antminer S9
n nn nn Bitmain has finally released its firmware for the popular Antminer S9 to enable what is called overt AsicBoost.In a recent blog post, Bitmain explains their rationale for the firmware release, citing that they originally decided against activating this mathematical function in mining hardware due to the uncertainty surrounding the use of AsicBoost. Bitmain previously released support for AsicBoost back in March 2018 by adding support for it on their mining
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