Bitmain: higher efficiency and hashrateBitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit (WDMS) in Frankfurt. Bitmain claims that the new ASICs feature improvements to power efficiency and hashrate. The post states that the new hardware is capable of performing tens of trillions of hashes per second (TH/s):
The announcement also mentions the dual tube heat dissipation technology featured in the new machines and claims that “the space between the air inlet to the air outlet has been reduced by 50%” which, in turn, improves both heat dissipation and fan noise. The introduction of ASIC miners changed the face of cryptocurrency mining, which previously relied on graphics processing units (GPUs) to solve the cryptographic puzzles in mining cryptocurrencies. ASICs are custom-built to a specific algorithm and can far outperform even the most powerful GPUs to mine cryptocurrencies, although some cryptocurrencies are ASIC-resistant.