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

Unique: On June 19th, Bitmain released the brand-new Litecoin/Dogecoin mining machine L7, with a hashrate of 9500MH/s and also 3425W, comparable to 19 collections of L3+, as well as the rate is $15000, overseas acquisition price is decreased by 13%. The delivery time is November 2021

Wu reported that the new miner, the antminer l7 price, has a hashrate of 9500MH/s and also calls for 3425 watts to run-- the equivalent to 19 Antminer L3+ miners. The L3+ is Bitmain's previous front runner Litecoin mining unit, and is still marketed on Amazon as "the most powerful Litecoin miner" with a hashrate of 504MH/s.

Bitmain's new version apparently retails for 100,000 yuan (around $15,000) a system, and the company provides an overseas discount of 13%. It anticipates to provide the first miners by November this year.

Mining Hardware 2021.

To make the most of this year's bull run, miners sucked up the world's supply of graphics chips and also CPUs. The only miner noted on Bitmain's website, the S19j, is sold out. Others are noted as "coming quickly."

It's not just Bitmain. Computer gaming devoteds have been battling to get their hands on new Nvidia chips. Effective GPUs like the company's GeForce RTX 3080, RTX 3070, and RTX 3060 Ti are, however for players, very reliable at extracting cryptocurrencies (specifically Ethereum).

In May, Nvidia introduced it was cutting the hash power on these systems. 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 international lack of Nvidia chips pumped resale costs by as long as 300%.

While the crypto market is no stranger to change-- today is a particularly negative day, with prices down by concerning 5%-- the feverish need for new equipment shows that, in mining circles at least, crypto is anticipated to stay a while.