There is a new cryptocurrency miner from MicroBT which is known as WhatsMiner M10. The Chinese Bitcoin ASIC miner company started to ship these new miners that promise a performance that is only comparable with other top SHA256 ASIC miners.
The miner offers 33 THS and 2145 Watts of power usage. This is surprisingly efficient considering the price between $1800 and $2000 dollars.
The company behind WhatsMiner, MicroBT, has also announced their new product known as WhatsMiner M10S which will be delivering 55 THS using 35000W of power. It works at 65W/THASH.
ASIC miners are used to mine different virtual currencies. But they have a very high power usage, something that is a problem for smaller miners. Such a high power usage is not possible to be supported in homes without the special infrastructure required.
There are several companies in the market offering crypto ASIC miners and other similar devices. Bitmain is one of the most important firms offering these products and has also launched new products such as a 7nm chip.
At the moment of writing it might be more profitable to purchase virtual currencies and hold them for long periods of time rather than investing in mining equipment to mine undervalued cryptocurrencies.
Bitcoin hash rate is currently 49 million TH/s and it continues to grow. Back in November 2017, Bitcoin hash rate was 5 million TH/s, that represents an increase of 880% in less than a year.