Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per second (TH/s). Microbt Launches 2 New Next-Generation Bitcoin Mining Rigs
Bitcoin miners are getting more advanced as the latest machines revealed by Bitmain and Microbt indicate that next-generation mining rigs pack a whole lot of hashpower. Bitcoin.com News has previously reported on Bitmain’s upcoming mining machines that offer hashrate speeds up to 255 TH/s.
The first was the Antminer S19 XP revealed in November 2021, which boasts a hashrate of 140 TH/s, and the second was the Antminer S19 Pro+ Hyd. with up to 198 TH/s of computational power. Additionally, Bitmain revealed another hydro ASIC unit called the Antminer S19 XP Hyd., which produces a whopping 255 TH/s according to the company.
Now new Microbt-brand Whatsminer ASIC bitcoin mining rigs have been revealed and the company expects to ship the latest series by the third quarter of 2022. While the devices are not as powerful as Bitmain’s latest mining machines, the Microbt-made rigs are more powerful than the current machines in production today.
Microbt unveiled the latest Whatsminer M50 series at the Bitcoin 22 conference in Miami and the company’s top machine boasts a full-custom chip design and 126 TH/s in computational processing power. The company further details that the Whatsminer M50S has a power efficiency rating of 26 joules per terahash (J/TH) and it runs on 3,276 watts (W).
The full-custom chip design is a 5nm process, which improved upon the firm’s last bitcoin miner the M30S++ (110 TH/s). During the announcement, Microbt also hinted at a hydro-cooling mining rig that will produce “240 TH/s of computing power at 29 J/TH of power efficiency.” However, that Whatsminer M53 machine is not yet showcased or available for purchase on the manufacturer’s Whatsminer website.
The latest two Whatsminer M50 series rigs are available, as the M50S (126 TH/s) currently costs $10,924.20 per unit and the M50 (114 TH/s) is priced at $8,857.80 per rig. For reference, using today’s BTC exchange rates and $0.12 per kilowatt-hour (kWh) in electricity, a 110 TH/s mining rig will produce an estimated $10.48 per day in BTC profits.
Current data indicates that at today’s BTC prices, the two Whatsminer M50 series machines would be more profitable. Microbt also detailed that it is ready to support emerging bitcoin mining areas such as North America. “Microbt is capable of producing and shipping over 30,000 pieces per month from its production site located in Southeast Asia this year,” the company’s press release notes.
“[The M50 series] will help customers to enter into the 2X J/T mining era, and stay in power that never ends for ESG-friendly mining,” Jianbing Chen, the COO of Microbt said in a statement. Meanwhile, Microbt’s machines are expected to start shipping in “Q3 of 2022,” while Bitmain’s Antminer S19 XP series is expected to reach the public by July 2022. Tags in this story 114 TH/s, 126 TH/s, 240 TH/s, 5nm process, Antminer S19 Pro+ Hyd., Antminer S19 XP, Antminer S19 XP Hyd., Bitcoin Miners, Bitcoin mining, Bitcoin Mining Rigs, Bitmain, BTC Mining, M50 (114 TH/s), M50S (126 TH/s), Microbt, Microbt Whatsminer, mining bitcoin, Mining BTC, mining machines, mining rig manufacturer, mining rigs, Whatsminer, Whatsminer M53 machine
What do you think about Microbt’s new Whatsminer M50 series bitcoin mining rigs? Let us know what you think about this subject in the comments section below. Jamie Redman
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Today"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits MINING | 1 day ago Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices MINING | 4 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleEthereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether Show comments More Popular NewsIn Case You Missed ItNFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay
According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support announcement. ... read more.Leading NFT Marketplace Opensea to Add Solana Support in April Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC Indian Government Consulting With IMF, World Bank on Crypto Policy Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%