Mineberg 7nm Bitcoin Mining Equipment Collects over $5 Million Opening Day
Pre-orders Garner $5million In A Day For The New Generation 7nm Mineberg Miners
The long-awaited Mineberg BTC Immersion Chassis, mining equipment, garnered a cool $5 million in pre-orders before its launch later in December this year. The miner is expected to come with a hashing power of 130 TH/s based on the BitWare 7nm SHA256 ASIC chip.
The chips have 16,000 SHA256 cores in total with a combined mining speed of 487.5 Gigahashes per second. Miners will make very huge profits from this equipment even with the huge price of the Mineberg BTC Immersion Chassis and the current network difficulty.
After announcing equipment pre order campaign, BitWare Group recorded a whopping 30+ subscriptions a day earlier, with six major International Systems Integrator companies being amongst the applicants.
“When we started analyzing the formats for our latest developments distribution, we were aware that its appearance in the market will cause a certain stir. We have already accepted orders for several delivery batches. Despite such popularity, all orders will be processed on time. I am confident that the most advanced equipment for mining will not leave any of BitWare Group’s old partners indifferent and will attract new customers,” said the company’s chief technology officer Nikita Dubrovin.
More to being a hermetic immersion case that has a standard of a 19-inch server form factor, this 130 TH/s Bitcoin Miner, contains a motherboard which allows connecting from 8-12 Mineberg mining hashing boards. It also has a FPGA controller module, a vapor condenser, and two holders for server power supplies.
7nm Sha256 Asic Chips Release Date
As of December 2018, the first batch of the chips release will arrive and by January next year, ready-made equipment will be available to the users and investors alike.
The first center for bitcoin mining based on BitWare BTC ASIC and a two-phase immersion cooling system will be launched in March 2019. It will have a capacity of 20MWh, which is equivalent to 500Petahashes/s.
The implemented chip will significantly permit equipment hashing power incensement as well as reduce power usage. The Mineberg Mining servers will begin delivery immediately the computing center construction commences. These servers will have 5,400watts power consumption.
Two Phase Immersion Cooling ‘System By BitWare Group
An innovative two phase immersion cooling ‘system for the computation module has been developed by BitWare group. This system ensures high operating system parameters and maximum chip temperature not exceeding 60°С at a 48°С coolant temperature in boiling phase. This in turn allows operation of the equipment at its maximum capacities.
The resulting breakthrough immersion liquid cooling system solutions allow, within a single computing cabinet with a 47U height, to place 6 Mineberg new generation servers with a 780 Terahashes total hashing power or nine servers with a 300 Tflops in total.
With this method of cooling, and overclocking, the equipment’s productivity can be boosted up to 1.5 times, with an increase in energy consumption by 1.6 times in contrast with the “air approach”. The power consumption will consequently increase to 6 kW. One computing cabinet energy consumption will be 36 kW with a 780 T-hashes (useful computing load).
Using this method the equipment cooling ratio will be 1.03, meaning tha one computing cabinet power consumption will be 37.8 kW. (PUE is calculated at the average annual temperature schedule for the Moscow region).
About BitWare Group
Headed by Brent Beeman, BitWare group is a high-tech company headquartered in London, although with Israel roots. It focuses on industrial technology developments for mining bitcoin based on the new generation 7nm ASIC microcircuits.
As of this writing, Bitware Group has four industrial laboratories and 45 engineering personell. The company cooperates with leading IP factories and vendors, performing a full-cycle equipment production. It’s team geography is quite extensive. The main group of engineers are based in Israel and specialists from Kazakhstan, Russia and Belgium.