Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real

Over the previous three years, bitcoin mining gear has advanced dramatically—from machines cranking out large terahash to extensively out there rigs boasting efficiencies below 20 joules per terahash (J/TH). On the World Digital Mining Summit final month, Bitmain pulled again the curtain on a machine delivering over a petahash per second (PH/s) with an power use […]



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