Bitcoin mining rig manufacturing business is becoming more competitive. MicroBT, a Chinese manufacturer, has announced the launch of miners that process speeds of 100 terahash per second (TH/s) and 112 terahash per second (TH/s). Bitmain, another mining rig manufacturer, has also recently announced two miners with speeds of 95 TH/s and 110 (TH/s).
MicroBT Background Information
MicroBT started in 2017. It has grown to become a top global mining rig producer. The current CEO Yang Zuoxing used to work with Bitmain. He was the lead director in Bitmain’s Antminer series production, including popular models like the S7 and S9.
During the launch, MicroBT’s COO Chen Jianbing went through the company’s stats since its creation in 2017. MicroBT has sold almost 400,000 units of the M1 and M3, which are their flagship mining rigs. Between 2018 and 2019 MicroBT Whatsminer series was estimated to power close to 10% of the total Bitcoin network hash rate.
MicroBT launched the M20 series in May 2019, which recorded annual sales of 600,000 units. The M20 series powered 35% of the overall Bitcoin network hash rate. Currently, in 2020, they have released next-generation ASIC machines, which challenge the previous productions and their competition. Their new series seeks to set standards in high stability, low power ratio, and a one-year warranty.
The M30 Series: Next Generation Mining Rigs
Watsminer’s sales director, Vincent Zhang, said that the success of the M30 series depends on providing value to the customer and surpassing its competitors. Customers gain five rewards from the M30 series. They include:
- 12 pricing levels
- Insured features
- Deferred compensation
- One-year warranty
- Support for the high-performance model
The newest M30 series have the following common advantages:
- High hash rate
- Easy to dissipate
They have raised the warranty duration from 180 days to one year. The term shows how confident MicroBT is in their products and that they are putting the customers’ needs first. MicroBT launched the following mining rigs this week:
1. The Whatsminer M30S+
The M30S+ produces up to 100 TH/s. It also has an efficiency power ratio of 34 Joules per terahash (J/TH). The M30S+ connects to the internet using ethernet. It maintains a working temperature of -5°C to 35°C and a reference wall power of 3400W.
Furthermore, the M30S+ is slightly lighter than the MS30S++. Its current price is $2740. The M30S+ contests with its Whatsminer predecessors and Bitmain’s Antminer S19, which has a processing speed of 95TH/s.
2. The Whatsminer M30S++
The M30S++ has a processing speed of 112TH/s. It has an efficiency power ratio of 31J/TH. The M30S++ also relies on an ethernet network connection and has a working temperature of -5°C to 35°C.
Its reference power on the wall is 3472W. MicroBT lists this machine for $3900 per unit. The M30S++ challenges Bitmain’s S19 pro, which has a speed of 110TH/s and 29.5J/TH in power efficiency.
The customers of the new M30 series and other mining rigs have experienced shipping delays due to the coronavirus pandemic. There are long delays and uncertain arrival times for mining rigs ordered from Chinese companies like Bitmain, MicroBT, and Canaan. Other bitcoin mining operations like Hut8 and Riot Blockchain.
The shipping delays have also affected MicroBT’s future shipping dates, which should be from June 1 through June 30.
Bitcoin mining rigs have a significant influence over your bitcoin earnings. Bitcoin miners and mining hosting companies like D Central are always looking for next-generation mining rigs to boost their operations and profits. There is a lot of competition in the mining rig business. Companies are continuously improving the efficiency and power of their mining rigs to stay relevant in the market. MicroBT, a mining rig producer, has announced the production of the newest mining rigs in the M30 series.
The new rigs are the Whatsminer M30S+ and the Whatsminer M30S++. They provide speeds of 100 and 112 terahash per second, respectively. These new rigs have been released shortly after Bitmain’s new releases. The Whatsminer M30S+ with a power efficiency of 34J/TH challenges Bitmain’s Antminer S19, which has a speed of 95TH/s. MicroBT’s Whatsminer M30S++ goes up against Bitmain’s Antminer S19 Pro, which has a rate of 110Th/s and efficiency of 29.5J/TH.
However, all the latest mining rigs face a considerable challenge of shipping delays and uncertainty. The current coronavirus pandemic has brought this challenge. It has affected many business operations in the cryptocurrency market, such as Hut8, Riot Blockchain, MicroBT, Canaan, Bitmain, and more. D Central is a company that offers services related to Bitcoin mining in Canada. Our services include hosting mining, hardware repair, team training, rapid interventions, and deployment. D Central relies on the latest machines in the market, including the newest mining rigs, to host mining. Our shop has products that help out customers achieve digital sovereignty.
Contact us now to get a fully managed service, competitive hosting prices, a team of experts with extensive bitcoin mining experience, and insured hosting units.