At a presentation in Chengdu today, Beijing-based mining hardware gigantic Bitmain released a brand-new mining equipment designed for extracting Dogecoin and also Litecoin, according to a tweet by blockchain reporter Colin Wu.
Unique: On June 19th, Bitmain released the new Litecoin/Dogecoin mining machine L7, with a hashrate of 9500MH/s and also 3425W, equal to 19 collections of L3+, as well as the rate is $15000, overseas acquisition cost is lowered by 13%. The distribution time is November 2021
Wu reported that the brand-new miner, the Antminer L7, has a hashrate of 9500MH/s and also needs 3425 watts to run-- the equivalent to 19 Antminer L3+ miners. The L3+ is Bitmain's previous front runner Litecoin mining device, and is still promoted on Amazon as "the most effective Litecoin miner" with a hashrate of 504MH/s.
Bitmain's new model supposedly retails for 100,000 yuan (around $15,000) an unit, as well as the firm uses an abroad discount of 13%. It expects to provide the initial miners by November this year.
Mining Hardware 2021.
To maximize this year's bull run, miners sucked up the globe's supply of graphics chips and CPUs. The only miner listed on Bitmain's site, the S19j, is sold out. Others are noted as "coming quickly."
It's not just Bitmain. PC video gaming devoteds have actually been struggling to obtain their hands on brand-new Nvidia chips. Effective GPUs like the business's GeForce RTX 3080, RTX 3070, as well as RTX 3060 Ti are, however for gamers, very reliable at mining cryptocurrencies (particularly Ethereum).
In May, Nvidia announced it was cutting the hash power on these devices. Then it announced its own, purpose-built Ethereum miner, the CMP, or Crypto Mining Processor. At the end of last month, Quartz reported that the global scarcity of Nvidia chips pumped resale costs by as long as 300%.
While the crypto market is no stranger to fluctuation-- today is a particularly bad day, with rates down by concerning 5%-- the feverish need for new hardware suggests that, in mining circles a minimum of, crypto is anticipated to stay a while.
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