Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design – Mining Bitcoin News

Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per second (TH/s).

Microbt launches 2 new Next-Generation bitcoin mining rigs

As the Bitmain/Microbt latest machines show, Bitcoin miners are becoming more advanced. These rigs have a lot more hashpower and Bitmain’s new machine is no exception. Bitcoin.com News has previously reported on Bitmain’s upcoming mining machines that offer hashrate speeds up to 255 TH/s.

First was the Antminer S19 XP, unveiled in November 2021. It boasts a hashrate rate of 140 TH/s. The second was the Antminer S19 PRO+ Hyd. With up to 198 trillion bits per second of computing power. Bitmain also revealed the Antminer S19XP Hyd. hydro ASIC unit, which is capable of producing a staggering 255 TH/s, according to Bitmain.

New Whatsminer ASIC cryptocurrency mining rigs from Microbt have now been unveiled. The company plans to ship its latest range by the end of the third quarter in 2022. While the devices are not as powerful as Bitmain’s latest mining machines, the Microbt-made rigs are more powerful than the current machines in production today.

Microbt unveiled the latest Whatsminer M50 series at the Bitcoin 22 conference in Miami and the company’s top machine boasts a full-custom chip design and 126 TH/s in computational processing power. Microbt further explains that the Whatsminer M50S is powered by 3,276 watts (W) with a power efficiency of 26 joules/terahash (J/TH).

The full-custom chip design is a 5nm process, which improved upon the firm’s last bitcoin miner the M30S++ (110 TH/s). During the announcement, Microbt also hinted at a hydro-cooling mining rig that will produce “240 TH/s of computing power at 29 J/TH of power efficiency.” However, that Whatsminer M53 machine is not yet showcased or available for purchase on the manufacturer’s Whatsminer website.

Two new Whatsminer M50 series M50 rigs are now available. They cost $10,924.20 each, and $8,857.80 for the M50 (114TH/s). For reference, using today’s BTC exchange rates and $0.12 per kilowatt-hour (kWh) in electricity, a 110 TH/s mining rig will produce an estimated $10.48 per day in BTC profits.

Current data indicates that at today’s BTC prices, the two Whatsminer M50 series machines would be more profitable. Microbt stated that they are ready to help emerging Bitcoin mining regions such as North America. “Microbt is capable of producing and shipping over 30,000 pieces per month from its production site located in Southeast Asia this year,” the company’s press release notes.

“[The M50 series] will help customers to enter into the 2X J/T mining era, and stay in power that never ends for ESG-friendly mining,” Jianbing Chen, the COO of Microbt said in a statement. Meanwhile, Microbt’s machines are expected to start shipping in “Q3 of 2022,” while Bitmain’s Antminer S19 XP series is expected to reach the public by July 2022.

What do you think about Microbt’s new Whatsminer M50 series bitcoin mining rigs? Please comment below to let us know your thoughts on this topic.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman joined the cryptocurrency community in 2011 and has been an active member ever since. Redman is passionate about Bitcoin and open-source codes. Redman is a prolific writer for Bitcoin.com News, with over 5,000 articles on disruptive protocols.