This follows Bitmain's introduction of two new ASIC (application-specific integrated circuit) bitcoin mining rigs. Microbt presented its new Whatsminer M50 series at the Bitcoin 22 conference. It offers hashrate speeds up to 126 Terahash per Second (TH/s strong>).
Microbt launches 2 new Next-Generation Bitcoin Mining Rigs
The latest machines from Bitmain and Microbt show that Bitcoin miners are becoming more sophisticated. Bitcoin.com News previously reported on Bitmain's new mining machines, which offer hashrate speeds of up to 255 TH/s.
The first was the S19 XP, which was revealed in November 2021. It boasts a hashrate rate of 140 TH/s and the second was S19 Pro+ Hyd., with up to 198 THP of computing power. Bitmain also revealed the Antminer XP Hyd. hydro ASIC unit. This unit produces a staggering 255 TH/s, according to the company.
The company has revealed new Microbt-brand Howsminer ASIC Bitcoin mining rigs. It expects to ship its latest series in the third quarter 2022. Although the devices aren't as powerful as Bitmains new mining machines, Microbt-made machines are still more powerful than those currently in production.
Microbt's latest Whatsminer M50 series was unveiled at the Bitcoin 22 conference. The top-of-the-line machine features a fully custom chip design and 126 T/s computational processing power. Further, the Whatsminer M50S boasts a power efficiency rating (26 joules per trillion hashash (J/TH)) and runs on 3,276 Watts (W).
This full-custom chip design was made using a 5nm process. It is an improvement on the M30S++'s 110 TH/s. Microbt also announced a hydro-cooling mining device that would produce "240 T/s of computing power at 29J/TH of energy efficiency". However, the Whatsminer M53 machine has not been shown or is currently available to purchase from the Whatsminer .
The M50S (126 T/s) rig currently costs $10.924.20 per unit, while the M50 (114 T/s rig) is $8,857.80. Referring to today's BTC exchange rates, $0.12 per kWh in electricity, and 110 TH/s mining equipment, an estimated $10.48 per hour in BTC profits will be produced.
According to current data, the Whatsminer M50 series machines are more profitable at today's Bitcoin prices. Microbt stated that it is available to support new bitcoin mining areas like North America. According to a press release, Microbt claims that it is capable of producing over 30,000 pieces per months from its production facility in Southeast Asia.
Microbt's COO Jianbing Chen stated that "[The M50 Series] will allow customers to enter the 2X J/T miner era and remain in power that never ceases for ESG-friendly mining," in a statement. Microbt's machines will start shipping in Q3 2022, while Bitmain's Antminer S19 XP Series is expected to be available to the public by July 2022.