On Monday, June 17, the Chinese mining rig maker Bitmain Technologies revealed the launch of a low-cost miner called the Antminer S9 variation SE. The brand-new 16 terahash per 2nd (16TH/s) S9 SE is $350 per system and the launch commemorates the business’s most popular item, the initial S9.
Special Edition S9 With 16 Terahash per Second
Bitmain has actually introduced yet another item for solo miners and big operations, however this specific Antminer is a low-cost mining rig. The business revealed the current Antminer S9 Special Edition (SE) on Monday and the very first batch went on sale the following day. The brand-new S9 SE requirements information that the miner processes the SHA-256 algorithm (BTC and BCH) at 16 terahash per 2nd (16TH/s). The miner takes 1280W from the wall which results in providing a power effectiveness of 80 joules per terahash (J/TH).
“The tradition that permanently left its mark in the mining market — Introducing a Special Edition miner, the Antminer S9 SE which continues that really exact same tradition,” Bitmain announced on Monday.
The S9 SE is costing $350 per mining rig and in order to avoid hoarding the business has actually restricted order to 10 miners per order. The very first batch of rigs is anticipated to deliver in between July 21-31 on first-paid-first-ship basis. Of course, U.S. citizens will need to pay more than the remainder of the world since of the existing trade war tariffs started by Donald Trump. People shipping miners to the U.S. will pay an extra 2.6% tax and an extra 25% import responsibility tax. The brand-new S9 SE weighs about 4.5kg and when running the system puts out around 76 decibels (dB) of noise which is a touch louder than standard dB outputs. According to the requirements, there are 3 hash boards with roughly 180 Bitmain-created chips. However, the S9 SE paperwork does not expose what kind of semiconductors are utilized with the hash boards.
Second Market, Old and Low-Hashrate Mining Rigs
Bitmain’s most current low-cost miner release follows the multitude of next-generation miners the business launched over the last couple of months. This consists of the Bitmain Antminer S17 Pro (53TH/s), S17 (56TH/s), T17 (40TH/s), S15 (28TH/s), T15 (23TH/s), and the S11 (20.5TH/s). The most current S9 SE variation is more equivalent to the Antminer S9 Hydro (18TH/s), however without the water performance.
The low-cost S9 SE comes at a time when mining profits have actually been so great that older and low-hashrate gadgets are benefiting. For circumstances, the 2016 S9 variation with 11.5 terahash per second is still benefiting by a minimum of $0.75 daily at existing rates and at $0.13 per kilowatt-hour (KWh). Coinshare’s most current mining report keeps in mind that older S9s are still being offered on the secondary market for “700 or 800 yuan” or “as low as $150 USD.” Even the older Antminer S7s might still be benefiting as the June 2019 mining report notes:
With Bitcoin rates where they are at the time of composing it is presumed some individuals have actually turned a minimum of a few of these systems [S7s] back on.
Moreover, mining has actually ended up being exceptionally competitive over the last couple of months and both BTC and BCH hash rates have actually been progressively climbing up. For example, according to the analytical information from Charts.Bitscoins.internet, there’s an overall of 56.5 exahash per 2nd (EH/s) with BTC recording 54 EH/s while BCH has 2.5 EH/s. The Antminer S9 SE release programs Bitmain is taking a stab at attempting to record purchasers trying to find older or low-cost devices. With BCH above the $400 rate zone per coin and BTC beyond the $9K area, any mining rigs processing 11 TH/s or more are benefiting with $0.13 per KWh. Of course, numerous nations such as China ($0.04 to 0.01 per kWh in Sichuan) and Iran ($0.006 per KWh) have far lower electrical expenses than $0.13 per KWh which would make lower hashrate producing designs lucrative.
What do you consider the current S9 SE mining rigs from Bitmain? Let us understand what you consider this topic in the comments area below.
Image credits: Shutterstock, Charts.Bitscoins.internet, and Bitmain.
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