At an exposition in Chengdu today, Beijing-based mining hardware large Bitmain released a brand-new mining equipment made for extracting Dogecoin and also Litecoin, according to a tweet by blockchain journalist Colin Wu.

Special: On June 19th, Bitmain released the brand-new Litecoin/Dogecoin mining equipment L7, with a hashrate of 9500MH/s and also 3425W, equal to 19 collections of L3+, and also the rate is $15000, overseas acquisition cost is lowered by 13%. The delivery time is November 2021

Wu reported that the brand-new miner, the Antminer L7, has a hashrate of 9500MH/s as well as needs 3425 watts to run-- the equal to 19 Antminer L3+ miners. The L3+ is Bitmain's previous flagship Litecoin mining system, and also is still promoted on Amazon as "the most powerful Litecoin miner" with a hashrate of 504MH/s.

Bitmain's brand-new design supposedly retails for 100,000 yuan (around $15,000) a system, as well as the company uses an overseas discount rate of 13%. It expects to deliver the initial miners by November this year.

Mining Hardware 2021.

To take advantage of this year's bull run, miners gobbled the globe's supply of graphics chips and CPUs. The only miner noted on Bitmain's site, the S19j, is sold out. Others are provided as "coming quickly."

It's not simply Bitmain. Computer pc gaming diehards have actually been battling to obtain their hands on brand-new Nvidia chips. Powerful GPUs like the firm's GeForce RTX 3080, RTX 3070, and RTX 3060 Ti are, unfortunately for gamers, extremely reliable at mining cryptocurrencies (particularly Ethereum).

In May, Nvidia introduced it was reducing the hash power on these devices. After that it announced its very own, purpose-built Ethereum miner, the CMP, or Crypto Mining Processor. At the end of last month, Quartz reported that the worldwide scarcity of Nvidia chips pumped resale rates by as high as 300%.

While the crypto market is familiar with change-- today is a specifically negative day, with prices down by concerning 5%-- the feverish demand for new equipment indicates that, in mining circles at the very least, crypto is anticipated to stay a while.

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