Bitmain Releases the New Antminer B7 96KHS ASIC Miner Specifically Designed for Bytom

Bitmain, one of the largest companies manufacturing Bitcoin (BTC) and cryptocurrency ASIC miners, released a new 96KHS ASIC miner for Bytom (BTM). The device is called Antminer B7 and is the successor of the Antminer B3 that was released a year ago with only 708 H/s of hash rate and 360 Watts of power usage.

Bitmain Releases the New Antminer B7

The new Antminer B7 is available on the Chinese website of Bitmain and it is expected to deliver 96 KHS hash rate and power usage. The price of this Antminer is currently close to $1500 or 9900 Chinese Yuan. However, with delivery and further taxes, the cost to bring one of these devices to Europe or the United States could increase its price to over $2,000.

The GPU market has also evolved very positively in order for users to start mining with GPU hardware rather than with ASIC. BTM mining is profitable with GPU and users can still have relatively good profits.

The NBMiner 21.0 GPU miner built for Bytom (BTM) is also capable of delivering 3.4 KHS for a GTX 1070 Ti, 5 KHS for the GTX 1080 Ti and also 11.5 KHS for the GTX 2080. In this case, a mining rig of eight GTX 2080 GPUs will be needed to have a similar hash rate to the one provided by the new Antminer B7. The main difference is that it will be much more costly and consume a lot of energy.

Bytom is the 57th largest digital currency in the market according to CoinMarketCap. Each BTM coin can be purchased for $0.0939 and it has a market valuation of $94.1 million. The network could receive an important hash rate increase with the new miners released by Bitmain.

Bitmain has been experiencing some issues with its company, even with its once famed CEO Jihan Wu. The last year was very negative for the firm due to the bear market that affected the whole industry. Due to this situation, two offices, one in Israel and another one in Amsterdam were closed. Make sure you read our bitcoin mining guide for more information on how mining works and what to expect from Bitmain's Antminer B7.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,467FansLike
2,795FollowersFollow
4,229FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

With A Troubled Past, Are Cryptocurrency Cards Worth the Risk to Push Adoption?

Crypto debit cards were looked at as the next big move for broader crypto adoption and involvement of mainstream players like Visa in the...

Billion Dollar Publicly-traded MicroStrategy Buys 21,454 Bitcoin as a Reserve Asset

MicroStrategy is now taking a deep dive into the world of bitcoin. The $1.2 billion Nasdaq listed software company has officially announced its position in...

How Will Crypto Cope In Regulation-Friendly State Belarus After Lukashenko’s Protested Presidential Win?

Crypto-friendly state Belarus faced a nation-wide internet blackout on Monday after a hotly contested presidential election on Aug. 9. The country has been facing...

Compound Protocol to Roll Out Decentralized Oracles Dubbed ‘Open Price Feed'

Compound, one of the most popular defi protocol, is all set to introduce open price feeds for lending on its platform using a decentralized...

$2 Million Slippage & Surge in Ether Price on Uniswap Helps Net $40k in Profit

A Uniswap user was able to profit $40,000 thanks to $2 million of slippage and the price of Ether surging north of 15%. It all...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today