ChinaCryptocurrency MiningNews

Bitmain Launches Sale of New Antminer T19

Reports making the rounds have stated that Chinese mining outfit, Bitmain has released a statement that it is intending to put its new ASIC-based SHA-256 miner, the Antminer T19 up for sale. The released statement was published on the official website of the China-based company, where they stated that the new miner which boasts of major new age features will be up for sale as from today. The statement further said that the custom chip found in the new Antminer T19 is identical to that of the Antminer S19 and S19 pro, the new miners can give a more efficient mining power of Bitcoin hardforks.

New miner has upgraded features from Antminer T17

Bitcoin, Bitcoin Cash, Bitcoin SV are the major cryptos that can be mined on the new and improved SHA-256 mining algorithm which is present in the Antminer T19. Looking at the comparison between the newly built Antminer T19 and its previously made lookalike, the Antminer T17, Bitmain noted that the newly made Antminer T19 promises a greater and improved performance rate. The newly developed miner is said to have an increased efficiency rate which provides more profits for miners compared to the previous model.

New miner already available for purchase

The new Antminer T19 also has the advantage of the newly embedded APW12 power supply and an upgraded firmware from the previous model that automatically makes the miner boot up faster compared to the Antminer T17. The new miner already went live on sale at exactly 03:00 UTC on Bitmain’s official website and the company has promised to check hoarding of the miner by ensuring that a person can purchase just 2 units of the miner. The miner weighs 14.2 kg and goes on sale for $1749 with its current ship date tied to around 21-30 of June.

Some of the other specifications that the new miner posses are its upgraded 84 TH/s +/- 3%, with the electric power required to run the machine pegged at 3150W +/- 5%, and a 200V-240V power supply AC voltage required. The Chinese company, Bitmain was founded by Jihan Wu and Micree Zhan in the late part of 2013, and after five years of being co-CEO, Jihan Wu stepped down in October 2018. Micree Zhan was eventually fired as the CEO in 2019 with Jihan Wu reinstated as the sole CEO of the China-based company around December of the said 2019.

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Ido Fischman (UK)

Ido Fischman is a new contributor at Tokenhell. He has a extensive background in investing and financial markets and writes for many large financial news portals such as Forbes, MarketWatch and Seeking Alpha. We highly recommend following his news articles.

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