Bitmain to launch new Bitcoin miner with touted 150 TH / s hash power

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China-based Bitmain, the world’s largest Bitcoin mining equipment maker, is set to launch a new, more efficient Bitcoin miner, a source familiar with the matter told The Block.

The miner is designed on the latest 5 nanometer (5nm) chip technology, which is faster and consumes less power. It has a computing power of 150 terahashes per second (TH / s) with an energy consumption of 3.1 kilowatt hours (kWh), the source said.

Colin Wu, a former communications manager at Bitmain who now operates crypto media Wu Blockchain, first tweeted about the new miner dubbed S19XP.

Bitmain will announce S19XP at its mining conference in Dubai this week, the source told The Block, adding that the company had already recently introduced the latest machine to its VIP customers.

If launched with the vaunted specs, the new miner will be the most powerful bitcoin mining equipment on the market.

Bitmain’s most powerful current equipment, the S19 Pro, is designed on 7nm chip technology and has a chopping power of 110 TH / s with a power consumption of around 3.1 kWh as well. This means that the new miner boasts of being 36% stronger using a similar amount of energy.

Bitmain reportedly started ordering 5nm chips earlier this year from Taiwan Semiconductor Manufacturing Company (TSMC).

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