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Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit – Mining Bitcoin News

On Thursday, China-based mining equipment manufacturer Bitmain announced the launch of two new models in the Antminer S19 series that process between 95 and 110 billion hashes per second (th/s). the antminer s19 pro model with 110th/s and 29 joules per terahash (j/th) is 24 trillion hashes per second faster than microbt’s latest whatsminer m30s model (86th/s).

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bitmain releases s19 series processing up to 110 billion hashes per second

bitmain, one of the world’s leading mining equipment manufacturers, has unveiled two new machines that contain a massive amount of terahash. On February 27, the company’s official twitter account announced the launch of the antminer s19 series, showing rigs processing hashrates between 95-110th/s. The company’s website shows that the machines currently have an undisclosed ship date, and the site says the dates are “to be determined (tbd).” the two s19 variants are also not available for purchase yet. The lack of a realized shipping date could be due to the global Chinese shipping delay that has affected numerous Chinese bitcoin mining rig manufacturers. the website shows an image of the two s19 antminers and also offers specifications.

Announcing the #antminer s19 series! #antminers19 has 2 variants, a 95 th/s and 90 th/s model, with an energy efficiency of 34.5±%5 j/th. the #antminers19pro has a 110 th/s and 105 th/s model, both with a power efficiency of 29.5±%5 j/th. learn more at https://t.co/2ftncwfol2 pic.twitter.com/opw7icz3yz

— antminer_main (@antminer_main) February 27, 2020

antminer s19 pro controls up to 110/s and processes sha256 consensus algorithm (btc, bch, bsv). a single unit draws 3250w from the wall and has an efficiency rating of 29 j/th. the s19 pro looks much larger than the current average mining rig and weighs around 15.5kg. the lower end model antminer s19 (95 th/s) weighs 16.5kg and draws the same amount of wattage (3250w) from the wall.

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

The two S19 variants released by Bitmain are not yet for sale and prices are not yet displayed on the website. The two miners specifications are available online and shipping dates are to be determined.

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The reference power efficiency on the wall for the lower end S19 model is also 29 J/TH. The prices for Bitmain’s next-generation miners are also unconfirmed and will likely be announced just before the sale. Besides the new S19 series, Bitmain has the most powerful miner on the market, as the S17+ packs 73 TH/s and only pulls 2920W from the wall. At press time using the current BTC exchange rates on February 27, the S17+ captures $5.72 a day with electrical rates at $0.12 per kWh.

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

bitmain’s latest mining rigs outperform microbt and canaan’s latest efforts

the latest microbt machine to be released in april claims to process 86th/s. The microbt whatsminer m30s also processes the sha256 algorithm and draws 3268w from the wall. If someone got their hands on a Whatsminer M30s today, current BTC exchange rates would see the machine earn $7.23 per day using the rate of $0.12 per KWh. Below bitmain’s s17+ and microbt’s m30s, two more bitmain machines capture the leading positions when it comes to the most profitable sha256 miners. the antminer s17 pro and the s17e process between 53th/s-64th/s. Canaan’s Avalonminer 1166 claims top speeds of around 68th/s and other notable miners today include rigs made by Innosilicon and Strongu.

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

Data shows that with an April delivery the Microbt made Whatsminer M30S, it will be the top mining rig on the market today with 86TH/s up until Bitmain’s S19s are released.

The latest S19 series from Bitmain comes at a time when the overall SHA256 hashrate is surpassing all-time highs. The BTC network has been coasting along above the 100 exahash per second range (EH/s), BCH has between 4-6EH/s, and BSV has 2.6EH/s today. It’s also interesting to note that a few mining rig manufacturers have seemingly stepped away from the ASIC competition. For instance, Ebang miners are no longer on the top of the high-speed mining rig list, as the latest Ebit series only capture 44TH/s per unit. For around the same price of the Ebit 44TH/s machine, you can get a Canaan Avalonminer 1166 ($1,978) with 24TH/s more hashrate.

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

Ebit miners are $1930 per unit but only offer 44TH/s per unit. For $50 more you can get the Avalonminer 1166 with 68TH/s. Moreover, for a few hundred dollars less than that, people can purchase an Antminer S17+ that’s only one terahash less performance-wise than Canaan’s top miner.

For $350 less, people can get an Antminer S17+ from Bitmain, which is only 1TH/s fewer hashes than the Canaan Avalonminer. Other models created by companies like Bitfury, Bitfily, Holic, Aladdin, GMO, Halong, and Pantech are well below the threshold these days when it comes to profitability. This is unless of course people still use these machines with incredibly low electrical rates from certain countries.

10 times the hashrate per unit that asic miners produced four years ago

The s19s are also considerably faster than the machines from four years ago, as the best mining rigs in 2016 also included some bitmain models. in 2016, the company’s original antminer s9 processed only 12.9 th/s, but at the time it was the best machine on the market according to various reviews. bitmain also sold the antminer s5 and s7 series in 2016 and those machines only processed 1155gh/s at 4th/s.

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

Back in 2016, the S9 processed around 13TH/s and you could get 0.5 BTC per month. At today’s BTC exchange rate and the top machine in the market, you can’t even come close to that type of profit with the 2020 BTC difficulty and competing miners. — Do you want to maximize your Bitcoin Mining potential? Plug your own hardware into the world’s most profitable Bitcoin mining pool or get started without having to own hardware through one of our competitive Bitcoin cloud mining contracts.

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Four years ago besides Bitmain, both Bitfury and Canaan also ruled the ASIC manufacturing industry with Canaan’s Avalonminer 6 (3.5 TH/s) and as Bitfury announced mass producing 16nm semiconductors. In 2016, ASIC manufacturers leveraged the 28nm standard and Bitfury’s 16nm design shook the competition up. Although, the last machine Bitfury released does process 80TH/s and it utilizes more efficient 14nm chips. But it consumes 6300W off the wall and at the $0.12 per kWh rate, Bitfury Tardis machines lose $5.45 per day per unit using today’s BTC exchange rate. The top machines in the market in 2020 utilize far superior 10-7nm semiconductors and they are more than 10X faster than machines built four years ago.

what do you think about the latest series of s19 miners produced by bitmain? Let us know what you think about this topic in the comments section below.

Disclaimer: This article is for informational purposes only. it is not an offer or solicitation of an offer to buy or sell, nor a recommendation, endorsement or sponsorship of any product, service or company. bitcoin.com does not provide investment, tax, legal, or accounting advice. neither the company nor the author is 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 this article.

Image credits: shutterstock, wiki commons, bitmain, canaan, microbt, wiki commons, steemit, fair use and pixabay.

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