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Bitmain Announces New T19 Antminer

Bitmain Announces New T19 Antminer

The world’s largest manufacturer of Bitcoin mining hardware, Bitmain, announced its latest ASIC miner called T19 under its next-generated Antminer 19 series.

Third Antminer model of the general

The Antminer 19 series is the third mining hardware of the latest generation ASIC-based miners. The new device can generate a 3% higher hash rate of 84 TH/s with a 5% increased power-efficiency of 37.5 J/TH. The device will work on the new APW12 power supply which comes with upgraded firmware. This helps in getting better start-up speeds and optimize mining for the users.

Bitmain Announces New T19 Antminer

However, this is only the capability of the lowest end model. The Antminer S19 Pro and S19 are able to generate more hash power. The S19 has a hash power of 95 TH/s while the S19 Pro generated 110 TH/s. The miners come with a newly designed chip from the manufacturer and help in improving performance after the previous flagship, the Antminer T17.

A new flagship for the company

Bitmain said,

“Comparing with the previous Antminer T17, the T19 greatly improves performance, allowing miners to achieve better efficiency and earnings.”

The website is now listed on its website and will start shipping from June 21. The company aims to stop the hoarding of its devices. This is why it has capped the maximum purchase limit of 2 miners per user.

The new improved miners come right after the Bitcoin network underwent a halving because of which mining rewards have now dropped from 12.5 BTC to 6.25 BTC. According to some studies, Bitmain devices are currently the most efficient in mining Bitcoin. Some commercial mining firms are now ordering a huge number of Antminers for their mining farms. Nasdaq-listed mining company Riot Blockchain recently ordered 2,040 new Antminers which it plans to install later in the year.

While the company is busy bringing out new mining hardware, there is a power struggle at the top. Micree Zhan, the ousted co-founder of the company is involved in a legal battle to regain control of the company.

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      Sherlock Gomes loves to write and express his views on anything related to Crypto. He has been covering Crypto for more than two years now. He likes Bitcoin and Cardano. He also writes on Finance, Healthcare, and Technology among other stuff. He can be reached by e-mail on sherlockg@insidebitcoins.com