Is Bitcoin Mining Fading? Take a Look at Canaan, Microbt and Strongu's Upcoming Mining Rigs

Crypto markets are maturing and so is the mining industry with it. A bunch of new mining rigs was announced in 2019 that packed some serious hashrate. Here are a few that are Crème de la crème.

Avalonminer 10 Series

The new A10 is a brand new miner equipped with high Hash-rate at 31 TH/S and low power consumption efficiency at 56W/T. the miner took half a year to be developed and attract buyers. The official WeChat account of the company informed that the new Bitcoin ASIC is expected to deliver a hash rate of 31 TH/s at a power consumption of 1736W.

The company released the first 7nm miner called Avalonminer A9 before Bitmain’s Antimner S15 release. There are also other firms launching 7nm miners and reaching new participants in the space.

Cryptocurrency miners in China are waiting for the wet season in the Sichuan region where there are millions of mining rigs waiting for the cheap an abundant hydroelectricity energy. As there will be new miners connected to the Bitcoin network during the wet season, it will be very important for companies to have the new 7nm miners ready to make help them remain competitive.

Innosilicon Terminator 3 (T3)

Innosilicon has done well over the last year with its mining rigs powered by Samsung’s low power 10nm semiconductor technology. The Terminator 3 model, otherwise known as the T3, can be purchased as well and the first batch of shipments should be delivered by the end of January. The T3 specifications say the machine will mine at 43 TH/s with a power consumption of 2100W, giving the machine a profit of around $0.58 a day. The first batch of T3s are limited, the company’s website explains, and the limited second batch won’t be delivered until March.

Microbt Whatsminer M20S

The MicroBT WhatsMiner M20 is a 12nm ASIC Bitcoin SHA256 miner with integrated power supply and available in a M20V1 version with 48 THS hashrate with 2200W power usage (46W/Th) and 2500W integrated PSU available for $1450 USD, an M20V2 version with 58 THS hashrate with 3364W power usage (58W/TH) priced at about $1500 USD and M20S model with 72 THS with 3312W of power usage (46W/Th) available for $2160 USD.

MicroBT, a Chinese manufacturer that is not very popular like Bitmain outside of Asia apparently, has is soon releasing their new generation M20 SHA256 ASIC miners for Bitcoin and other cryptocurrencies with the same algorithm and it resellers are already taking pre-orders for July delivery.

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Sritanshu Sinha
Sritanshu Sinha
Sritanshu has a keen interest in emerging technologies, startups and economic anthropology. He holds the view that cryptocurrencies are the best bet humanity has got to push the world towards a borderless economy.

[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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