What Bitmain Means For GPU Mining

The cryptocurrency mining sector is poised for imminent shakeup thanks to the latest news about new mining hardware being launched soon. Even though Bitmain has been rather secretive about what kind of mining equipment they are releasing, it is expected to be a mini version. However, even this mini Antminer could still outclass some of leading GPU miners available today.

Bitmain understands what miners need since they also undertake some mining work in addition to selling mining equipment. Thus, it is in their best interest to keep some of the best equipment for their internal operations. It is only logical that they do this since it ensures that the company will always be on the forefront of crypto mining innovations.

There are also some who believe that Bitmain is just looking to make some money by selling this new mining equipment. GPU miners are known for spending a lot of cash to improve their setups and they would make a great target market for such a product. Bitmain could easily do this without any trouble and they would not be blamed by anyone, especially if their new mining hardware is as amazing as they claim.

The new Z9 hardware is a high quality and fast miner that can easily beat most of the high-end GPU mining rigs currently available. Bitmain claims that these new units can easily reach 10,000 Sols, which is an amazing output. However, the company is known for making conservative output estimates about their equipment, which means that users should expect even more performance out of the Z9.

The bottom line is that Bitmain has already established itself as a reliable producer of mining equipment that constantly outperforms their product estimates. That is a great characteristic in the eyes of all miners and that will surely get many people excited about buying the new Z9 at around $2,000. However, GPU mining still remains popular as it has a better ROI over the long-term period compared to ASIC units. So, it is up to you to decided whether to buy this ASIC unit or stick to your GPU mining rig.

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