| operations |
| comment | | "parent_author":"",<br>"parent_permlink":"cryptoworldgate",<br>"author":"chrisluke",<br>"permlink":"bitmain-releases-equihash-miner-3x-more-powerful-than-its-predecessor",<br>"title":"Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor",<br>"body":"![IMG_20190319_173323_071.jpg (https:\/\/cdn.steemitimages.com\/DQmS8GLyhajxpUdwHnFnmhaiHZjerKmKcy899mvzJqLrsj3\/IMG_20190319_173323_071.jpg)Bitmain,<br> the Beijing-headquartered cryptocurrency mining giant,<br> has officially released the Antminer Z11 machine on Tuesday,<br> March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC).\n\nAlso Read: In the Daily: Cryptopia Resumes Trading,<br> US Crypto Lobbying Intensifies,<br> Visa Crypto Job\n\nBitmain Releases the Antminer Z11\nCrypto winter might be taking its toll on many cryptocurrency miners,<br> and thus the companies that supply them with equipment,<br> but the technological arms race to develop the fastest rigs never stops. This is exemplified by Bitmain\u2019s release of an Equihash miner that is three times more powerful than its predecessor. The new mining machine is currently on pre-sale on the company\u2019s website and Bitmain promises that it will start shipping shortly.\n\nBitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor\nAntminer Z11\nAccording to the company\u2019s specifications,<br> the Antminer Z11 offers a hashing power of 135 KSol\/s,<br> which is three times greater than the Z9,<br> Bitmain\u2019s previous Equihash miner. The Z11 also has a power efficiency of 10.50 J\/KSol,<br> saving 60 percent of electricity costs compared to the Z9. Additionally,<br> at just 5.4 kg (about 11.9 lbs),<br> it also weighs slightly less than the Z9.\n\nShowing Commitment to Transparency and the Zcash Community\nThe company noted in the announcement for the new machine how it is showing commitment to the Zcash community as well as to transparency,<br> an issue that is critical for miners who in the past had to wait a long time for the equipment they purchased to reach them. Bitmain explained: \u201cTo preserve the Zcash community\u2019s values around security,<br> reliability and accessibility,<br> Bitmain had previously Tweeted real-time updates to ensure more transparency and will continue to provide shipping updates of the first batch of the Antminer Z11. These commitments to transparency will continue to provide the Zcash foundation and community with the security,<br> reliability,<br> and accessibility they desire of manufacturers.\u201d\n\nBitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor\n\nBesides Zcash and Equihash,<br> Bitmain of course,<br> continues to develop crypto mining hardware for other proof-of-work algorithms. On Feb. 18,<br> the manufacturing giant announced its next-generation 7nm ASIC chip for mining SHA-256 coins such as bitcoin core (BTC) and bitcoin cash (BCH). According to sources,<br> the 12nm equipped Antminer Z11 sold out in less than 20 minutes because customers had purchased the allocated number of units available for the first batch.\n\nWhat do you think about Bitmain releasing this new miner? Share your thoughts in the comments section below.",<br>"json_metadata":" \"tags\":[\"cryptoworldgate\" ,<br>\"image\":[\"https:\/\/cdn.steemitimages.com\/DQmS8GLyhajxpUdwHnFnmhaiHZjerKmKcy899mvzJqLrsj3\/IMG_20190319_173323_071.jpg\" ,<br>\"app\":\"steemit\/0.1\",<br>\"format\":\"markdown\" " |
|