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


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Celsius to Implement Compounding Interest on Cryptocurrencies Deposited in Its Wallet

    Borrowing and crypto lending platform Celsius's Founder, Alex Mashinsky announced, that starting February 1st, they will begin applying compound interest for their customer's wallets. The...

    BlockFi To Cut Rates For ‘Tier 1' BTC And ETH Lenders While Boosting ‘Tier 2' Starting Feb 1

    BlockFi announced changes in its Bitcoin (BTC) and Ethereum (ETH) lending yields starting Feb. 1. Changes follow the increasing price and interest in...

    MENA’s Unbanked to Drive Crypto Adoption While China’s 5G SIM Cards to Enable Digital Payments

    In MENA region, two-thirds of people unbanked but over half of the countries have 70% mobile subscriber penetration rate China Telecom working on...

    Are Mining Death Spiral Believers Holding Bitcoin's Price From Jumping?

    Bitcoin hash rate down at 118 Th/s from ATH of 126 Th/s hit on the day BTC price jumped to $9,000 A risk...

    Japanese Lawmakers Are Open to Issuing A Digital Yen To Compete With Libra, Digital Yuan

    A group of Japanese lawmakers from the ruling party came forward with the proposal of Japan issuing its own digital currency. It seems China’s determination...

    Bitcoin’s Privacy Update Schnorr/Taproot Reaches a New Milestone

    One of Bitcoin’s biggest upgrades that will improve the privacy of the network has been published on the GitHub as BIP 340, 341,...

    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.