A Review on BITMAIN’s H1 2020
The year 2020 has seen strong disruption in global markets and industries. In such a time of uncertainty, BITMAIN continues to fortify its strengths with industry-leading chip R&D advantage, launch exceptional products that reset the industry standards. Through its leading expertise and experience, BITMAIN keeps on completing its business ecosystem deployment centered on “hash rate” by launching new businesses and services in the hope to drive the development and upgrade of the whole industry.
New Product Driving Industry Standards: Breaking Record Highs Again with the ANTMINER 19 Series
In the past few months, BITMAIN has once again demonstrated its strong research and development capabilities with the release of its record-breaking ANTMINER 19 Series, which delivers outstanding performance in the global market.
ANTMINER S19 Pro, S19
On February 27th, BITMAIN officially launched the ANTMINER S19 and S19 Pro, which can be found for purchase on their website here. Equipped with BITMAIN’s custom 7nm chip and an enhanced circuit design, the ANTMINER S19 series has set new industry standards with its record-breaking power efficiency. The ANTMINER S19 Pro boasts a hash rate of 110 TH/s and impressive power efficiency of 29.5 ±% 5 J/TH, while the ANTMINER S19 offers a hash rate of 95 TH/s and power efficiency of 34.5 ±% 5 J/TH. The S19 Pro and S19 models have once again showcased BITMAIN’s exceptional innovation capability and position as a market leader.
On June 1st, BITMAIN launched the ANTMINER T19, which is available for purchase on their website here. Housed with the same generation of custom chips found in the ANTMINER S19 and S19 Pro, the T19 offers faster start-up rates and an optimized mining experience through the use of the new APW12 power supply and updated firmware. The T19 model boasts a hash rate of 84 TH/s ± 3% and a power efficiency of 37.5 J/TH ± 5%. Compared to its predecessor, the ANTMINER T17, the T19 significantly improves performance, allowing miners to achieve better efficiency and profitability.
On May 7th, BITMAIN unveiled the ANTMINER Z15, available for purchase on their website here. This third-generation Equihash algorithm miner boasts a hash rate of 420 KSol/s and a power consumption of 1510 W. The ANTMINER Z15 is specifically designed for mining ZEC (Zcash) and other cryptocurrencies under Equihash mining. Prior to the release of the Z15, the ANTMINER Z11 held the title for the highest hash rate on the market. The Z15 has made significant improvements in both hash rate and power efficiency, cementing its position as a top-performing model.
New Deals to Support Global Growth: Mitigate Potential Shortages with Long-Term Contracts
In the past few months, BITMAIN has announced several multimillion-dollar acquisition deals. Through these long-term agreements, BITMAIN has developed strategic relationships with its customers and ensured a steady supply chain.
On June 27th, Core Scientific, a leading blockchain hosting provider announced that it has once again partnered with BITMAIN to facilitate the purchase of 17,595 units of the ANTMINER 19 Series. Prior to this deal, Core Scientific had previously partnered with BITMAIN to bring the first-ever ANTMINER Training Academy to North America last year.
On August 14th, Marathon Patent Group, a cryptocurrency mining business listed on Nasdaq, announced that it has entered into a long-term purchase agreement with BITMAIN to acquire 10,500 next-generation ANTMINER S19 Pro ASIC miners. Upon full installation, the 13,520 ANTMINERs are expected to produce 1.55 Exahash. Visit Marathon Patent Group for more information.
On August 18th, Riot Blockchain announced a new significant acquisition of 8,000 ANTMINER S19 Pros from BITMAIN. The delivery of the purchased products is set to commence in January 2021 and continue through April 2021 until the order is complete. Prior to this, Riot Blockchain has already acquired more than 20,140 ANTMINERs from BITMAIN within a year.
New Offerings to Improve Industry Standards: Enhancing Customer Experience
BITMAIN has introduced a range of new services since the beginning of the year, with the aim of improving the customer experience in every aspect.
BITMAIN Supercomputing Center Research Institute (BSCI)
Hash Guard: High-Standard Repair and Maintenance Services
BITMAIN launched “Hash Guard” earlier this year, providing high-standard repair and maintenance services that establish marketplace standards. Initially, Hash Guard was a miner operation and repair group developed by BITMAIN Group in 2014. After five years of development and expansion, it has developed a professional team that covers miners’ operation, repair, electric, network, and system development. With a great reputation and outstanding professional capability in the industry, our service scope now spreads around the world. Hash Guard operates over 50 data centers and has managed 600,000 miners in China, North America, Europe, Central Asia, and other regions.
In early 2020, BITMAIN initiated the R2-D2 project to focus on the development of the new branch that would cater to the next generation of mining technology. This strategic service tool encourages investors to have exclusive rights in developing their own ANTMINERs. Through this program, customers will have exclusive usage rights for one year. The R2-D2 campaign aims to provide a long-term solution for expanding the mining industry while also enabling the use of multiple cryptocurrencies. The project currently involves over 40 core design team members, each with over 10 years of professional experience. This development is a significant milestone for BITMAIN, which has been at the forefront of promoting mining pioneers since 2013.
Update on Training Courses to Attract More Participants: A Standardized Training System to Nurture Future-Ready Talent
Ant Training Academy is a training solution task (hereinafter referred to as “Ant Academy” or “ATA”) which has been released by BITMAIN based on years of expertise circulation as well as innovation inheritance as well as build-up. It is the only training organisation and also accreditation authority formally licensed by ANTMINER.
In August, ATA introduced the upgrade on its training course strategy to bring in even more skills with even more training course setup choices, in the intend to prepare a lot more certified specialist team for the market.
Currently, the core training course of ATA is the maintenance training, with the upgrade currently consisting of the 19 series training programme. It currently has 2 choices in terms of training duration – a permanent training programme lasting 2 weeks, and also a temporary training programme lasting 5 days – each course currently scaled down to 8 individuals, with the choice of optional training courses to meet the requirements of various teams. Effective programme individuals will certainly get a “Certificate of Accomplishment”, which will certainly consist of an evaluation of their level of ability.
Only those who endure the evening might accept the very first ray of sunlight. BITMAIN will certainly continue to use the Hashrate-centred method to advance the development of the entire sector, as well as to keep moving forward to discover even more opportunities.