Skip to content

The Bitcoin halving event is approaching and miners’ manufacturers strive to deliver the miners with improved power efficiency and a high hashing rate. The mining industry is booming resulted in tough competition. The China-based large miners’ manufacturer Bitmain launches its new product called Antminer S19.

The mining hardware continues to evolve to meets the standard demands. Many companies are producing ASIC miners that are faster and consume less energy. The new cryptocurrencies are adding up in the existing list thus increasing the demand for more efficient mining machines.

The halving event of the Bitcoin is 74 days away. After the event, the reward will cut into half from 12.5 BTC to 6.25 BTC. According to Bitcoin maximalists, there will be a tough condition for BTC mining after the reduction of reward because of high power costs. The small level players will be out of the game as they cannot afford the expenses of the electricity. Those who want to mine the Bitcoin will have to use powerful machines consuming less energy.

Antminer S19 and Antminer S19 Pro

To counterfeit the impending halving event, new ASIC miners are coming into the market. The giant mining company Bitmain introduced its new Antminer S19 with four different versions. The Antminer S19 has two further variants: 95 TH/s model and 90 TH/s model. The Pro version is also announced by the company. Antminer S19 Pro will come in 110 TH/s and 105 TH/s models respectively.

The founder member of the Primitive Ventures, Dovey Wan, asked from the Bitmain about whether they delivered all the shipments of ordered S17. She concluded her comment over the latest announcement by saying that there is a lot of difference between the announcement and the actual delivery.

Currently, Bitmain is delivering S17 to customers. However, the shipments are delayed to some customers because of the Coronavirus outbreak. The coming soon ASIC miner S19 will beat the S17 (55 TH/s, 67 TH/s) in hashing capacity. The prices are not yet mentioned on the site for S19 as status ‘Coming Soon’ is shown.

📰 Also read:  Bitcoin as a Weapon: How US and China’s Holdings Could Reshape the World's Economy

At Tokenhell, we help over 5,000 crypto companies amplify their content reach—and you can join them! For inquiries, reach out to us at info@tokenhell.com. Please remember, cryptocurrencies are highly volatile assets. Always conduct thorough research before making any investment decisions. Some content on this website, including posts under Crypto Cable, Sponsored Articles, and Press Releases, is provided by guest contributors or paid sponsors. The views expressed in these posts do not necessarily represent the opinions of Tokenhell. We are not responsible for the accuracy, quality, or reliability of any third-party content, advertisements, products, or banners featured on this site. For more details, please review our full terms and conditions / disclaimer.

📰 Also read:  March 2025 in Charts - US Trade Tariffs Hit Crypto as DeFi Users Lose $22 Million to Hackers

Avatar photo

By Tokenhell

Tokenhell is a blockchain & crypto news agency where you can discover all the recent news about cryptocurrency and blockchain.

Leave a Reply

Your email address will not be published. Required fields are marked *