17.01.2021

Bitmain to Launch Platform for Connecting Miners and Farms in October

The platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining Summit (WDMS) taking place in Frankfurt between Oct. 8 and Oct. 10, Bitmain announced in a blog post on Sept. 27.

Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October.

World’s first resource to connect farms and miners

According to the announcement, the WDMM will be the first global network to connect mining hardware owners with mining farms who will provide the available power resources to host them for a fee. In turn, network members will get access to a number of personalized services from Bitmain, including assistance with mining farm design, connections to foreign clients to host, and support with operations, purchasing, and construction.

Listing applications during WDMS

In order to apply to be listed on the WDMM, mining farm owners will need to provide data on their current mining facilities and capacity to host other miners. Mining farm owners will be able to apply for listing on the WDMM during the WDMS event, the post notes.

Matthew Wang, Director of Mining Farm of Bitmain, stated that the WDMM will help make crypto mining more sustainable in the long term by providing a whole new way for connecting mining farms and hardware owners. Wang outlined the Bitmain’s commitment to leverage on-going support to miners throughout their hardware’s lifetime and to support the overall progress in the industry.

Top 10 mining farms

Additionally, Bitmain also plans to announce the winners of the world’s top 10 mining farms during the WDMS. According to the project’s website, winners will receive official certification and VIP tickets for the WDMS. According to the report, voting for the Top 10 Mining Farms is still open.

On Sept. 9, Bitmain launched two new Application Specific Integrated Circuit (ASIC) miners, the S17e and the T17e. According to the specifications, The S17e model has a hash rate of 64 TH/s and operates with a power efficiency of 45 J/TH, while the T17e offers a hash rate of 53 TH/s and a power efficiency of 55 J/TH.

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range of bitcoin mining devices, one of which is its most powerful yet.

Announced Friday, the Antminer S17e has a hash rate (mining power) of 64 terahertz per second and a power efficiency of 45 joules per TH.

The numbers compare favorably with the current most powerful model on sale. According to the Bitmain website, that’s an S17 with 53 TH/s and an efficiency rating of 45 J/TH in normal power mode.

The second new Antminer, the more budget-friendly T17e, provides a hash rate of 53 TH/s and power efficiency of 55 J/TH. This one appears to offer identical hashing power and lower efficiency to the 53 TH/s (45 J/TH) S17 model already on sale, but at a lower price point.

In its announcement, Bitmain says:

“Both new models have been designed for more stable operations in the long-term to reduce maintenance costs for customers. This is made possible through the dual tube heat dissipation technology which improves how efficiently heat dissipates.”

They are also loaded with new software said to be “more secure” than previously in order to to prevent “malicious attacks.”

The new models will be sold in three batches from today till Sept. 11, and will be shipped through November.

The China-based miner maker is also saying it will compensate buyers with coupons if they should suffer a late delivery for the “e” models, “based on PPS rewards of the mining pool (electricity cost deducted).”

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