At the World Digital Mining Summit held in Dubai, Bitmain, a leading ASIC Bitcoin mining equipment manufacturer, demonstrated the company’s most powerful Bitcoin mining equipment to date. The new Antminer S19 XP will have a speed of up to 140 terahash/s (TH/s), and each terahash will consume 27% less electricity than today’s most efficient and profitable Bitcoin mining machine.

The new Antminer S19 XP has 140 TH/s and 27% power consumption per Terahash

This week, the Bitcoin mining industry has been hotly discussing the new ASIC SHA256 mining equipment manufactured by Bitmain.The news about the new miner is First leak Written by Chinese journalist and former Bitmain employee Colin Wu. The reporter wrote that compared with the current generation of Antminer S19, the latest model of the series “has been greatly improved.”Following Wu’s tweet on November 6, Bitmain hosted World Digital Mining Summit (WDMS) In dubai and disclose The company’s next generation machine.

New S19XP @BitMain Technology Present on #WDMS Meeting pic.twitter.com/fkLryIhdIx

-Dennis Rusinovich (@DenisRusinovich) November 10, 2021

Bitmain’s new miners will pack a lot Calculate ability Because 140 TH/s will be the most powerful mining equipment released on the market so far. The specifications of the new rig show that the efficiency of the miner is 21.5 joules/terahertz (J/TH), which is much higher than the 29.5 J/TH of the S19 Pro. S19 XP will not only reduce electricity consumption per terahash by 27%, it also claims that the computing power provided per kilowatt hour (kWh) has increased by 37%. S19 XP adopts SHA256 mining algorithm, power consumption is 3,010 watts.

Five selected companies will be the first to acquire Bitmain’s new machines

According to the announcement, these machines will be open to the public in July 2022. However, it seems that five Bitcoin mining businesses have been selected as Bitmain’s first S19 XP customers. Greenidge Generation Holdings Inc. (Nasdaq: Gree) Is one of the companies Selected And Auto Universal Holdings (New York Stock Exchange United States: DPW) Subsidiary Bitnile also choose Cooperate with Bitmain. The company’s executive chairman Milton “Todd” Alter III tweeted some photos of him signing the contract on the Dubai stage.

A complete display of the new s19 XP Bitmain mining machine. #WDMS pic.twitter.com/RRmIeiAiXa

-Alejandro de la Torre (@bitentrepreneur) November 10, 2021

Bitnile revealed that the newly shipped Antminer S19 XP will be used in the company’s Michigan data center and “significantly improve Bitnile’s Bitcoin mining capabilities and future revenue.” The announcement from Greenidge details that the company aims to “in Deploy its equipment in facilities developed in South Carolina or Texas.” Greenidge also explained that the delivery of S19 XP will take place in the “third quarter of 2022.”

Bitmain’s Antminer S19 XP will also have 5 nanometer (5-nm) chip technology and semiconductors from Taiwan. In the Greenidge S19 XP acquisition announcement, Irene Gao, the regional business development director of Bitmain NCSA, discussed the new S19. “Like Greenidge and many of our customers, Bitmain is committed to improving the carbon footprint of the Bitcoin mining industry. That’s why we are happy to announce not only the S19 XP, but also the green Antminer S19 XP.” Gao concluded:

Bitmain is manufacturing a limited-edition green ant mining machine S19 XP and is purchasing carbon offset credits to offset 100% of the carbon footprint associated with the production and first year of these mining machines.

What do you think of the latest Bitmain mining machine announcement? Please tell us your thoughts on this topic in the comments section below.

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