Bitmain, a significant international producer of Bitcoin (BTC) application-specific built-in circuits (ASIC), has formally launched its new air-cooled BTC miner, the Antminer T21.
Bitmain took to Twitter on Oct. 26 to announce the world premiere of the brand new Antminer T21, the agency’s new air-cooling miner that may stand up to ambient temperatures as much as 45 levels Celsius.
In accordance to Bitmain’s head of selling, Xmei Lin, the Antminer T21’s international launch occurred on the Blockchain Life 2023 Discussion board in Dubai, the place Bitmain was a “diamond sponsor.”
Bitmain’s brand-new mining gadget is anticipated to begin transport in January 2024, the corporate’s spokesperson informed Cointelegraph. The air-cooling miner helps the SHA256 mining algorithm used for mining proof-of-work (PoW) cryptocurrencies like Bitcoin, in addition to forked cash like Bitcoin Money (BCH) and Bitcoin SV (BSV). The T21 gives a computing energy of 190 terahashes per second and an power effectivity ratio of 19 joules per terahash.
On the occasion, Bitmain additionally provided Antminer T21 patrons a possibility to get Bitmain’s worth safety plan, which is designed to assist miners in case of a decline in cryptocurrency costs. Accessible till Nov. 25, 2023, the plan permits prospects to be protected towards the draw back fluctuation of BTC worth for a interval of 1 month, three months or six months.
Clients will get compensation in money if the BTC worth falls beneath the strike for any reference day inside the protected interval, the agency stated, including that compensation shall be paid “instantly upon the triggering occasion.”
Antminer T21 is one among Bitmain’s a number of mining units, produced alongside a large range of ASIC miners by different corporations like Canaan, MicroBT, Bitfury and others.
Chinese language Canaan (previously often called Avalon) was among the many first corporations on the planet to launch a Bitcoin mining ASIC in January 2013, which enabled customers to mine cryptocurrency on a mass scale attributable to a major enhance in hashing energy in comparison with GPU and CPU setups.
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Ten years after releasing its first mining gadget, Canaan nonetheless produces new mining machines. In mid-September, Canaan formally launched its new A14 collection miners on its tenth anniversary. On Oct. 26, Canaan launched its sustainability-focused A1466 and A1466I miners within the Center East. The brand new miners function liquid-cooled and air-cooled choices.
Regardless of corporations like Canaan and Bitmain dashing to introduce new mining units, the ASIC trade has seen some challenges lately. As beforehand reported by Cointelegraph, ASIC miners’ worth per terahash plummeted greater than 80% from its peak in 2021 as of late 2022 amid new miners persevering with to flood the market.
In August 2023, blockchain know-how agency Blockstream sought to boost $50 million to buy and retailer mining gear on secondary markets in anticipation of the Bitcoin halving in 2024.
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