Bitmain: Antminer S19 XP Hyd.

Such rigs are supplied with water cooling by their maker Bitmain and are meant for installation in their own mining containers, which can accommodate up to 210 pieces with a total capacity of up to one megawatt.

Bitmain, a firm that specializes in cryptocurrency mining equipment, has announced the launch of a new product. Antminer S19 XP Hyd. With water cooling, this gadget should be the most energy-efficient of its kind in the world.

In terms of energy usage per terahash, it will marginally outperform the best rigs from the same company. The new model will be able to mine at 255 terahash per second while using approximately 5.3 kW. This yields an efficiency of 20.8 J/T.

Although global electricity prices are rising, and the weight of bitcoin mining has declined twice this month as a result - first 1.5 percent and then 0.35 percent, for the first time since November - it appears that the world's miners do not cease mining to a greater extent.

According to analysts, the global hash rate has dropped this month mostly due to the removal of a number of less profitable miners from the network. Professionals who purchase Bitmain rigs, on the other hand, will remain profitable and continue mining, especially if the price of bitcoin climbs.

Mining for the "big boys"

Bitmain has revealed that the Antminer S19 XP Hyd. will not be available until early next year. It will cost little under $ 20,000, or $ 19,890, and Bitmain recommends combining this and related products into containers, which they also manufacture.

A single ANTSPACE HK3 container can hold up to 210 such units. They will need to set up about $4.2 million for them.

We arrive at a $ 4.28 million investment for a system that "pulls" megawatts of electricity, has built-in security protection and GPS tracking, and an air conditioning and water cooling system for rigs with a container price of $110,000.

Mining, as a result, continues to be a lucrative business on a huge scale for serious players.