Bitmain, the leading mining hardware manufacturer, has announced two new upcoming miners — the Antminer S19 and the Antminer S19 Pro.
Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19 #Bitcoin https://t.co/wACl9KD369 — cryptomavericks (@cryptomavericks) February 27, 2020
On February 27, it has been reported in a press release that the Bitmain Antminer S19 will boast a hash rate of 95 Tera Hash per second (TH/s), and the Pro will offer 90 TH/s. However, Bitmain’s website claims that the Pro model can produce 110 TH/s.
However, both miners will have a power efficiency of 34.5±%5 Joules per Tera Hash. No release date or price information has been announced for either model.
It has been analyzed that the Bitmain S19 series will replace the Antminer S17 67 TH/s and the T17 55 TH/s as Bitmain’s flagship models. The S19s will weigh 3.5 and 4.5 kilograms heavier than their predecessors, weighing 15.5 and 16.5 kilograms. The S17 and T17 are priced at $1,567 and $939 respectively.
Bitmain’s press copy invokes the upcoming halving, stating: “with the price of block rewards to be reduced, the Antminer 19 series safeguard miners for future mining.”
Likewise, on February 20, the Nasdaq-listed crypto mining company Riot Blockchain announced the operational commencement of 4,000 Antminer S17s.
Riot purchased the Antminers during December 2019, 3,000 of which were deployed in its Oklahoma City facility during January. The facility is now fully operational, producing 240 Penta Hash per second and consuming 12 megawatts of electricity.
Bitmain Mining Station
After years of Bitmain miners dominating hash rate, the company appears to be facing increasing competition from rival MicroBT.
It has also been analyzed that MicroBT sold roughly 600,000 units of its flagship 60 TH/s WhatsMiner M20 in 2019, outselling Bitmain’s S17 last year.
Thus, MicroBT plans to launch its forthcoming M30 with 88 TH/s capabilities, signaling fierce competition between the two companies during 2020.
Founded in 2013, Bitmain transforms computing by building industry-defining technology in cryptocurrency, blockchain, and artificial intelligence (AI). Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the Antminer brand. The company also operates the largest cryptocurrency mining pools worldwide-Antpool.com and BTC.com. Bitmain technology supports a wide range of blockchain platforms and startups.