Skip to main content

Bitmain sells out of the newest HNS HS3 Antminer in under 27 seconds.

Bitmain sells out of the newest HNS HS3 Antminer in under 27 seconds.



Mining rigs from Bitmain frequently sell out, as evidenced by the Bitmain S19 Antminers, which were purchased in less than 24 hours. The Antminer HNS HS3, the business' most recent mining gear, has now sold out more quickly than ever. 

The Antminer HNS HS3, which cost $2,092 per unit and was totally sold out in 27 seconds, was revealed by Bitmain on December 21st. 

The HNS HS3 Antminer delivers a hash rate of 9 TH/s (terahashes per second) and a 2,079 watt power rating, according to Bitmain. This results in a 231 joules per terahash energy rating.

A challenging year for miners

The price of Bitcoin fell by 64% in 2022, making it less viable for miners to operate, even as mining difficulty and hash rates increased significantly. 

The economics of bitcoin mining has also been negatively impacted by rising energy prices. Since the beginning of the year, the avalanche of causes has caused a more than 75% decline in mining profitability.

On the other hand

Antminer S19 XP is the sole flagship miner offered by Bitmain (NASDAQ:XP). It costs $6,164 per unit and offers a hash rate of 134 TH/s and 21.5 joules per terahash.

Despite this year's diminishing profitability, Bitmain's new Antminer's swift selling demonstrates that there is still interest in Bitcoin mining.

Article Credit: Investing.com

Join thousands of investors, Bitcoin B2B and Institutional at the World's Largest Bitcoin Mining Conference & Expo- Mining Disrupt July 25-27, 2023 in Miami. Get your Tickets now at https://miningdisrupt.com

Chat, Network and Connect with many thousands of Miners and Professionals on the official Mining Disrupt Telegram Group: https://t.me/MiningDisruptOfficial

Mining Disrupt email: conference@miningdisrupt.com


Comments

Popular posts from this blog

Eureka Digital Mining Signs Distribution Agreement with Green Hash Co.

Eureka Digital Mining Signs Distribution Agreement with Green Hash Co. October 25, 2023, at the Blockchain Life 2023 exhibition in Dubai UAE- Shenzen Green Hash Co Ltd. and Eureka Digital Mining Inc. officially signed a strategic cooperation agreement for the distribution of their industry leading direct chip cooler hydro mining infrastructure to the North American mining market and select global projects / clientele. "We are very excited for his amazing partnership, expanding upon our commitment to the bitcoin mining community to deliver the most efficient and innovative solutions in the immersion and now direct chip cooling space. Green Hash's premier line of hydro products will allow us to continue to deliver smart and highly efficient mining systems to our client base as they prepare for the halving" says Bryan Davies, President of Eureka Digital Mining.  George Duran, President of Green Hash states "Green Hash's strengths are in: research and design, enginee...

A Joint Venture Between Atlas Power and Giga Energy Will Use Stranded and Flare Gas for Bitcoin Mining

A Joint Venture Between Atlas Power and Giga Energy Will Use Stranded and Flare Gas for Bitcoin Mining A ground-breaking joint venture to use stranded and flared gas for Bitcoin mining operations has been announced by Atlas Power, a leading provider of Bitcoin mining infrastructure led by CEO Kevin Washington and COO Jeff Young, and Giga Energy, a pioneer in cutting-edge gas-to-energy solutions founded by Brent Whitehead and Matt Lohstroh. This alliance hopes to capitalize on the rising demand for eco-friendly and effective Bitcoin mining solutions while addressing environmental issues related to gas flaring. In the joint venture, Atlas Power will supply cutting-edge Bitcoin mining equipment, and Giga Energy will offer its knowledge in capturing and converting flare gas into power. Through their cooperation, the businesses are able to conserve a resource that would otherwise be wasted, lower their greenhouse gas emissions, and profit from the energy-intensive Bitcoin mining process. Th...

Revolutionary Bitcoin Mining Product from Zebacus is Released - Zebacus Pool

Revolutionary Bitcoin Mining Product from Zebacus is Released - Zebacus Pool The cutting-edge cryptocurrency platform Zebacus has introduced a brand-new Bitcoin mining service called Zebacus Pool. Based on the current price of Bitcoin, this dynamic platform offers traders the chance to purchase terahash with a projected return of less than two years. Zebacus offers $5 worth of bitcoin terahashes as part of its launch promotion, which are displayed on the dashboard after registration. Zebacus wants to provide its users with a global one-stop shop for bitcoin solutions. Zebacus is creating a variety of goods and services to meet the demands of its consumers with the aim of supplying cutting-edge technology to expedite crypto transactions. One of Zebacus' main services is its bitcoin mining platform, which is operational and accessible to those that are interested in cryptocurrencies. The mining platform offers consumers a practical way to take part in Bitcoin mining. Zebacus intends ...