Just recently, China’s Bitcoin mining equipment manufacturer Microbt released a new ASIC device with a clock speed of up to 112 Terahertz per second (TH/s). Based on today’s network difficulties and electricity prices below $0.06 per kilowatt hour (kWh), the new machine is one of the highest performing mining equipment on the market. At the same time, Bitcoin mining equipment manufacturing competitors such as Strongu and Canaan have also released new products dedicated to the SHA256 consensus algorithm.
Despite the recent sharp drop in the Bitcoin market, in the last three months of 2020, Bitcoin mining profits are considerable. This year, companies such as Bitmain, Microbt and Canaan released many new and next-generation mining machines. The most profitable SHA256 mining equipment today is a device that can mine digital assets such as BTC, BCH and BSV. It is Bitmain Antminer S19 Pro with a hash rate of up to 110TH/s.
At a price of US$0.06 per kilowatt hour (kWh) and the current Bitcoin price, Antminer’s S19 Pro (110TH/s) can bring a daily profit of about US$10 per device per day. Bitmain released Antminer Pro S19 in May 2020. In the last quarter of the year, it released three more powerful Bitcoin mining machines.
For example, mining equipment manufacturer Microbt released the new Whatsminer M30S++. The new miner is the next iteration of the M30 version, and the website claims that “Hash King” can handle speeds up to 112TH/s. The machine will pull 3,742W from the wall according to the specifications. Whatsminer machine uses Samsung brand 12nm semiconductor. Interestingly, the previous Whatsminer M30S+ version (100TH/s) used 8nm Samsung chips. On Microbt’s official mining equipment, the Whatsminer M30S++ is priced at US$3,900 each.
Compared with Canaan’s new Avalonminer 1246, the latest Microbt miner is much smaller than the S19 Pro and has a petite figure. On December 5, news.Bitcoin.com reported how many mining equipment manufacturers have inventory of next-generation equipment.
At the time, Microbt’s website showed a waiting time of 120 days until the product was shipped after settlement. However, during the writing of this report, news.Bitcoin.com noticed that Microbt’s website now quotes “100% payment within 2 weeks.”
At the same time, Canaan released the new Avalonminer 1246 or A1246. According to statistics from the portal, its hash rate is 90TH/s and the power consumption is about 3,420W. Canaan’s new mining machine is available for purchase today, but curious customers must consult to understand the price.
The rig shop in the second market seems to be selling A1246 at a price of US$2,369 per miner to US$2725 per unit. The new Avalonminer is larger than the Whatsminer M30S++ because it has four 12038 fans installed. The Canaan A1246 is comparable in size to Bitmain’s S19 Pro model. Canaan’s chip is called “A12”, and the semiconductor is assumed to be 12nm.
A test report written by Cybtc.com recently reviewed Canaan’s latest model. The test proved that “under normal working conditions, the hash rate is about 90TH/s.” The comment explained: “After the miner started, the hash rate quickly reached 90TH/s in a short time, and the fan speed was about 6800. The average hash rate is 90.05TH/s,” the comment explained. Another company that will release new mining equipment in the last quarter of 2020 is Strongu.
Strongu recently released the Hornbill H8 Pro, claiming that it can mine at speeds of up to 84TH/s. The external power consumption of the Hornbill H8 Pro is 3360W. Just like the new Microbt Whatsminer, the latest Hornbill is much smaller. The specifications show that the Hornbill H8 Pro uses 8-nanometer semiconductors. According to the official webpage, the company sells the latest 84TH/s miner at a price of US$1,100 each.
All three new miners handle the SHA256 consensus algorithm and can mine BTC, BCH and BSV. At the time of publication, the overall hash rate of BTC was approximately 130 exahash per second (EH/s). The speed of the Bitcoin Cash (BCH) network is about 1.9EH/s, while the speed of Bitcoinsv (BSV) is about 1.2EH/s.
What do you think of the latest 112 teraherash speed bitcoin mining machine and other bitcoin mining equipment manufacturing competitors? Let us know your thoughts on this topic in the comments section below.
Picture Credits: Shutterstock, Pixabay, Wiki Commons, Canaan, Microbt, Strongu,
Disclaimer: This article is for reference only. It is not a direct offer or solicitation of an offer, nor is it a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. The company or the author is not directly or indirectly responsible for any damage or loss caused or allegedly caused by the use or reliance on any content, goods or services mentioned in this article or related thereto.