Bitmain Rolls Out Antminer S19 Miner Sales; Already Sold Out, Won't Ship Until Halving

Only a month after making the announcement that it’s going to release the crypto mining hardware Antminer S19 Series, Bitmain has put the product on sale.

The sales are to be made domestically first and internationally very soon after. The S19 was called the “future of mining.” It’s the latest ASIC model and available in 2 different versions: the 95 TH/Ss and the 90 TH/s functioning at 34.5±%5 J/TH, and the S19 Pro that comes as the 110 TH/S and 105 TH/S models, both which have a 29.5±%5 J/TH power efficiency.

Unfortunately, stock didn't last long. They completely sold out within 24 hours.

How’s the S19 Different from Previous Models?

The Antminer S19 surely makes the previous models seem obsolete. Its Pro version functions at the 110 TH/s hashrate, whereas the Antminter S9 at the 15 TH/s one. The S17 version reaches only 55 TH/s.

All this means S19 is the most powerful Bitmain mining rig at the moment. Both the S19 and the S19 Pro models offer the best energy efficiency, which will be very helpful for miners when the hashrate drops together with the Bitcoin (BTC) price.

Bitmain Is Trying to Change Crypto Mining Altogether

Seeing the Bitcoin Halving is very close, Bitmain couldn’t have made a better decision than to announce the S19 at the end of last month, as miners need to compete for a smaller reward. Besides, since the rigs’ hashrate is by far higher, not too many of them are needed for mining only one BTC.

Some people on Crypto Twitter question the date of the release, beliving that Bitmain is trying to hold back the competition, allowing themselves to use them first before releasing them to the public.

Because the price is going too low even for some, many of the miners will have to give up the network, meaning only big players will want to invest in expensive mining equipment at the moment, especially since the prices are continuing to go down. The S19’s price and shipping date haven’t been yet revealed by Bitmain, even if all the specs have been presented.

While 2019 hasn’t been at all easy for BTC miners, it seems like 2020 isn't going in a good direction either.

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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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