At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and profitable bitcoin miner today.
The New Antminer S19 XP Boasts 140 TH/s and 27% Less Electricity Consumption per Terahash
This week the bitcoin mining industry has been buzzing about a new ASIC SHA256 mining rig manufactured by the company Bitmain. News about the new miner was first leaked by the Chinese journalist and former Bitmain employee Colin Wu. The journalist wrote that compared to the current generation of Antminer S19s, the latest in the series of models has “been greatly improved.” Following Wu’s tweet on November 6, Bitmain hosted the World Digital Mining Summit (WDMS) in Dubai and revealed the firm’s next-generation machine.
— Denis Rusinovich (@DenisRusinovich) November 10, 2021
Bitmain’s new miner will pack a lot of computing power as 140 TH/s will be the most powerful mining rig released on the market to date. The new rig’s specifications show the miner’s efficiency is 21.5 joules per terahash (J/TH), which is considerably more efficient than the S19 Pro’s 29.5 J/TH. The S19 XP not only will use 27%