Bitmain, the leading Bitcoin miner manufacturer, has announced on Monday the launch of a new ASIC miner under its next-generation Antminer 19 series.
The Antminer T19 is the third Antminer model in the latest generation of Bitmain’s ASIC-based miners.
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The new Bitcoin mining device can generate a hash rate of 84 TH/s (± 3 percent) and has a power efficiency of 37.5 J/TH (± 5 percent), according to Bitmain. It also utilizes the new APW12 power supply and upgraded firmware, which offers faster start-up speeds for an optimized mining experience.
This is the low-end model in the latest lineup of the Chinese manufacturer as both Antminer S19 Pro and S19 are capable of generating more hash power – S19 pro produces 110 TH/s, and S19 makes 95 TH/s.
These miners are equipped with the newly designed chip from the manufacturer and greatly improves performance over the Antminer T17, the previous flagship of the company.
“Comparing with the previous Antminer T17, the T19 greatly improves performance, allowing miners to achieve better efficiency and earnings,” the Chinese company noted.
Bitmain has already listed the new Antminer on its website and will start shipping it from June 21.
Interestingly the company has taken a step to check the hoarding of its latest devices with the capping of purchasing to up to 2 miners per user.
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The Bitcoin network recently underwent halving, and thus the mining reward dropped from 12.5 BTC per block to 6.25 BTC per block.
Many studies also found that post halving, Bitmain devices are the most efficient in mining Bitcoins.
Many major commercial mining farms are also ordering a massive number of Antiners to strengthen their arsenal of miners. Riot Blockchain, a Nasdaq-listed Bitcoin mining company, recently procured 2,040 new Antminers with installation plans later this year.
Meanwhile, there is a power tussle going on at Bitmain as the ousted co-founder and former legal representative of the firm Micree Zhan is taking the legal route to regain his control over the company.