Bitcoin News and Finance Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design Skip to main content

Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/S With Custom 5nm Chip Design

Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per second (TH/s).

Microbt Launches 2 New Next-Generation Bitcoin Mining Rigs

Bitcoin miners are getting more advanced as the latest machines revealed by Bitmain and Microbt indicate that next-generation mining rigs pack a whole lot of hashpower. Bitcoin.com News has previously reported on Bitmain’s upcoming mining machines that offer hashrate speeds up to 255 TH/s.

The first was the Antminer S19 XP revealed in November 2021, which boasts a hashrate of 140 TH/s, and the second was the Antminer S19 Pro+ Hyd. with up to 198 TH/s of computational power. Additionally, Bitmain revealed another hydro ASIC unit called the Antminer S19 XP Hyd., which produces a whopping 255 TH/s according to the company.

Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/S With Custom 5nm Chip Design

Now new Microbt-brand Whatsminer ASIC bitcoin mining rigs have been revealed and the company expects to ship the latest series by the third quarter of 2022. While the devices are not as powerful as Bitmain’s latest mining machines, the Microbt-made rigs are more powerful than the current machines in production today.

Microbt unveiled the latest Whatsminer M50 series at the Bitcoin 22 conference in Miami and the company’s top machine boasts a full-custom chip design and 126 TH/s in computational processing power. The company further details that the Whatsminer M50S has a power efficiency rating of 26 joules per terahash (J/TH) and it runs on 3,276 watts (W).

The full-custom chip design is a 5nm process, which improved upon the firm’s last bitcoin miner the M30S++ (110 TH/s). During the announcement, Microbt also hinted at a hydro-cooling mining rig that will produce “240 TH/s of computing power at 29 J/TH of power efficiency.” However, that Whatsminer M53 machine is not yet showcased or available for purchase on the manufacturer’s Whatsminer website.

The latest two Whatsminer M50 series rigs are available, as the M50S (126 TH/s) currently costs $10,924.20 per unit and the M50 (114 TH/s) is priced at $8,857.80 per rig. For reference, using today’s BTC exchange rates and $0.12 per kilowatt-hour (kWh) in electricity, a 110 TH/s mining rig will produce an estimated $10.48 per day in BTC profits.

Current data indicates that at today’s BTC prices, the two Whatsminer M50 series machines would be more profitable. Microbt also detailed that it is ready to support emerging bitcoin mining areas such as North America. “Microbt is capable of producing and shipping over 30,000 pieces per month from its production site located in Southeast Asia this year,” the company’s press release notes.

“[The M50 series] will help customers to enter into the 2X J/T mining era, and stay in power that never ends for ESG-friendly mining,” Jianbing Chen, the COO of Microbt said in a statement. Meanwhile, Microbt’s machines are expected to start shipping in “Q3 of 2022,” while Bitmain’s Antminer S19 XP series is expected to reach the public by July 2022.

What do you think about Microbt’s new Whatsminer M50 series bitcoin mining rigs? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory