Bitmain Launches New AntMiner S19 Series Mining Rigs In Preparation Of BTC Halving

  • Bitmain, one of the largest manufacturers of Bitcoin (BTC) mining equipment, is launching its most powerful machines before the BTC halving that’s about to take place in under 3 months.

Bitmain announced on Thursday the launch of AntMiner S19 and S19 Pro, both models with a power of 110 TH/s and consuming 29.5 W/TH. According to the specifications provided by the company, S19 and S19 Pro are the most profitable mining devices for BTC, with MicroBT’s WhatsMiner M30S following closely behind.

Bitmain and MicroBT in a Fierce Competition

Bitmain's launches come after a long-standing battle with competitor, MicroBT. MicroBT had gained a large portion of the market in 2019 after selling 600,000 M20 series units. They also launched their M30 models back in December, and have already begun taking orders for this next powerful product that will be delivered in March 2020.

According to Pangolin Miner, the biggest distributor for MicroBT, the M30S costs $2,430 and has an 86 TH/s power, consuming 38W/T. Some of the M30Ss will be delivered from March until May, with larger orders being shipped in June.

Bitmain Antminer S19 Details

Bitmain’s S19s and the Antminer S19 Pro miners' costs have yet to be announced by the company. Industry reactions to are better yet more expensive equipment remains to be seen, as the BTC went down from its most recent growth of above $10,000. At the moment, the AntMiner S9 from Bitmain is the most widely used miner and can generate daily around 30% at BTC’s current price.

Antminer S19 Pro 110THs

Antminer S19 Pro 110TH/s Product Breakdown:

  • Algorithm/Coins= SHA256 for BTC / BCH
  • Hashrate = 110 TH/s
  • Watt = 3250±5%
  • Power Efficiency = 29.5±5%
  • Network Connection = RJ45 Ethernet 10/100M
  • Size: 370mm x 195.5mm x 290mm
  • Gross Weight = 15.3 kg
  • Ship Date: TBD
  • Price: TBD

Antminer S19 95THs

Antminer S19 95TH/s Product Breakdown:

  • Algorithm/Coins= SHA256 for BTC / BCH
  • Hashrate = 95 TH/s
  • Watt = 3250±5%
  • Power Efficiency = 34.5±5%
  • Network Connection = RJ45 Ethernet 10/100M
  • Size: 400mm x 195.5mm x 290mm
  • Gross Weight = 16.5 kg
  • Ship Date: TBD
  • Price: TBD

Development of Chinese Mining Facilities Stopped by Coronavirus Outbreak

The coronavirus outbreak has led the logistics and manufacturing businesses in China to delay their activity, so mining facilities couldn’t expand or make upgrades. As a matter of fact, data from BTC.com reveals that the difficulty of mining for BTC has been stagnated for almost a now, staying at the same level since January 28.

However, the BTC halving is approaching, so the mining rewards on the network will be reduced from 12.5 BTC to 6.25 BTC per block, which means AntMiner S9s and other older mining machines will no longer be profitable if BTC prices don’t greatly increase. As a result, miners will need to make an upgrade to their mining equipment, or consider dropping out of BTC mining altogether.

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Oana Ularu
Oana Ularu
Curious about what’s going on with all the money in the world, Oana is bringing you the latest news in the crypto world. She’s aware of the fact that you need to know everything that’s happening on the financial scene in order to play the cryptocurrency market, so you can count on her to share with you every little detail on what matters.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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