China-centered Bitcoin mining firmware business, Bitmain, introduced the release of the Antminer T19 design version. This design is really a cheaper edition of the flagship Antminer S19 and S19 Pro versions but competes favorably in performance of BTC mining.
#Antminer is proud to announce the new-generation #AntminerT19, the 3rd model from the 19 Collection. The T19 includes a Hash Price of 84 TH/s ± 3% with an electrical usage of 3150W ± 5%. Selling period: 01 June 2020, 11:00 GMT+8 #Bitmainpic.twitter.com/sKIiaXEOuX — Antminer_main (@Antminer_major) June 1, 2020
Bitmain releases ‘cheaper’ Antminer T19 model
After a problematic start of the Antminer S19 versions, Bitmain officially announced the release of the cheaper Antminer T19 model that will start promoting on Bitmain’s site on June 1, 2020. Based on the main website the cost of the Antminer T19 is $1,749 in comparison to S19 ($1,785) and S19 Pro ($2,407). The S19 edition was sold-out in minutes following launch in 2019. The delivery of the merchandise begins on June 21st till June 30th, the declaration reads.
The Antminer T19 could be the latest design in the brand new era of SHA-256 custom-built chips developed by Bitmain. The miner will create a hash price of 84 TH/s with a 3 % variance and an electrical efficiency of 37.5 joules (J/TH) with a 5 percent variance. Compared to both flagship gadgets – the S19 miner creates 95 TH/s and the S19 Pro creating a hash price of 110 TH/s. The state report further declares,
“The T19 furthermore utilizes the brand new APW12 power and improved firmware, that provides faster start-up speeds for an optimized mining encounter.”
Bitmain, the biggest Bitcoin firmware producer, will limit the amount of buys to two for every user to avoid “hoarding” by the miners. Lately, Riot Blockchain, purchased over 1,000 Antminer S19 model machines to improve BTC’s hash price by 80 %.
A treatment for a failed begin?
The third range in a era of new devices gives miners wish after the horrible and troubling start of the Antminer S19 and S19 Professional models. Customers complained on unusual failure prices of the mining firmware with nearly 20-30 percent of the total devices failing – normal failure rate reaches 5%.
The dominance of Bitmain in Bitcoin’s mining is usually however raising questions of centralization with the business dominating the production of miners and mining the token as well. Three of the biggest mining pools handle over 1 / 2 of the full total hash price and Bitmain handles two of these.