Bitmain Spearheads Next Generation ASIC

The next generation of ASIC hardware is just around the corner. A recent increase in Bitcoin mining profitability has provided miners with the ability to generate sufficient capital to invest in the next round of major ASIC hardware releases — spearheaded by Bitmains’s next-gen BM1397 7nm Chip.

Bitmains BM1397 7nm Chip Delivers Efficiency Boost

In February 2019, mining hardware manufacturing gian Bitmain announced the development of an upcoming 7nm ASIC chip called the BM1397. Designed as the latest edition of the Antminer series, the BM1397 is a redesigned 7nm model that, according to Bitmain, delivers a 28.6 percent efficiency improvement over the BM1391.

Bitmain’s announcement of the BM1397 follows a intensive discussion in the mining community regarding the extended crypto winter and it’s impact on the mining industry. Major mining enterprises such as Ebang and Canaan as well as Bitmain have been shaken by extensive internal structural changes.

Recently, Bitmain announced the appointment of a potential successor to the role of CEO, and revealed a $500 million net loss in the third quarter of 2018. The mining giant appears to be pushing ahead with the release of next-generation ASIC tech with the announcement of the BM1397, however, stating in a press release that the chip will be integrated into the latest Antminer models and hinting toward new device releases.

Top Mining Hardware of 2019

While the BM1397 chip is far from market, there are still a number of high-performance ASICs that are able to deliver compelling ROI at current market prices.

Ebang Ebit E11++

Ebang’s Ebit E11++ is the successor to Ebang’s relatively popular E10. Boasting a hash rate of 44 TH/s with a power consumption of 2000W, the E11++ is a highly competitive ASIC. Released in October 2018, the E11++ stands out as one of the best mid-range price units available with a respectable profit margin at scale.

Asicminer 8 Nano

Recent changes to the Bitcoin mining ecosystem have rendered many ASIC units completely unprofitable. Asicminers’ hardware offerings, however, have remained as one of the only profitable units available on the market throughout the extended 2018 crypto winter, delivering 40TH/s with a 2100W power draw at an efficiency of 0.053j/Gh that nudges profitability at mid- March 2019 prices toward the $1/day level.

Innosilicon Terminator 3 (T3)

Launched in Q4 2018, the Innosilicon T3 is arguably the most profitable ASIC available today. Delivering 43 TH/s at 2100W, the 0.049j/Gh efficiency of the T3 places the T3 at over $2.70 per day in profitability at mid-march 2019 Bitcoin prices.

Bitmain Antminer S15

Based on Bitmains’s bleeding-edge 7nm chip tech, the S15 is capable of operating in two modes — energy saving or high performance. High performance yields a hash rate of 28 TH/s at 1596W, while energy saving clocks in at 17 TH/s at 850W. Profitability for energy saving sits at $0.85/day, while high performance delivers $0.89/day at mid-March BTC prices.