MicroBT Launches Three New ‘’3X era’’ Bitcoin Miners to Tackle With Halving’s Reward Cuts
The Chinese company MicroBT launched three new Bitcoin miners ahead of halving having high efficiency. They rolled the three new products in a live event and also claimed to deliver them within 30 days.
The three new models that are announced by COO of MicroBT, Chen Jianbing, are as follows:
- M30S+ (100 TH/s with 34 W/T)
- M30S++ (112 TH/s with 31 W/T)
- M31S+
After the Bitcoin halving, the rewards will cut into half from 12.5 BTC to 6.25 BTC, thus giving a tough time to those who are involved in the mining process. Many will leave the field because they cannot afford the high electricity bills with low revenue.
Miners with Low Consuming Power and High Stability
To tackle the situation, the mining machines producers start making miners possessing high efficiency and consuming less power. MicroBT’s recent launch of new products is built according to the after-halving scenario as the company labeled new series with the ‘’3X era,’’ referring to ‘’ low power consumption ratio, high stability, and one-year long warranty service.’’
Chen also stated the figures and sales the company had witnessed in 2018 and 2019. Comparatively, the year 2019 was very fortunate for the MicroBT as the sale of mining machines doubled. In 2018, the Shenzhen-based miners’ manufacturer sold nearly 300,000 WhatsMiner M3. But in 2019, almost 600,000 units of WhatsMiner M20 series were sold.
The rise in product sales pivoted MicroBT as a strong competitor of Bitmain, one of the largest miners producing firms in the world. Recently, Bitmain also rolled out two new miners- AntMiner S19 and S19 Pro- to be delivered in May, per the announcement. AntMiner S19 was having efficiency 34 W/T with the computational power of 95 TH/s while AntMiner S19 Pro came with 110 TH/s and 30 W/T.
Price of New Miners
The head of sales at MicroBT, Vincent Zhang, also informed about the price values of these new miners. According to Zhang, the M30S+ and M30S++ will be sold at $2,740 and $3,899 to the customers respectively. The price of currently running Whatsminer M30S further dropped from $2,500 to $1,962 with the new launch.
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