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Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: sirty143 on March 06, 2024, 01:16:47 PM

Title: Bitcoin Miner Bitdeer Says It Has Launched Its 'First Cryptocurrency Mining Chip
Post by: sirty143 on March 06, 2024, 01:16:47 PM

Bitcoin Miner Bitdeer Says It Has Launched Its 'First Cryptocurrency Mining Chip'

Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance without excessive power consumption. See more for yourself here (https://news.bitcoin.com/bitcoin-miner-bitdeer-says-it-has-launched-its-first-cryptocurrency-mining-chip/).

Your opinion is greatly appreciated.

Title: Re: Bitcoin Miner Bitdeer Says It Has Launched Its 'First Cryptocurrency Mining Chip
Post by: joniboini on March 13, 2024, 09:19:10 AM

I lost count of how many efficiency hardware products are coming to the market this year. Starting from last year, it seems like some companies are trying to launch new chips, rigs, dedicated CPUs and so on that offer higher performance at lower cost with improvement on nodes. It sounds nice at first until you realize even if all of them work out as intended, the market will likely adjust itself so only the earliest buyer will enjoy the most benefits. Some of these guys also started marketing their devices as a potential passive income machine by loaning them to cloud computing platforms and other decentralized computing platforms.

Title: Re: Bitcoin Miner Bitdeer Says It Has Launched Its 'First Cryptocurrency Mining Chip
Post by: ABCbits on March 14, 2024, 11:14:46 AM

Only 18.1 J/TH? It's not very interesting when Antminer S21 have better efficiency at 17J/TH. I don't their mining chip (SEAL01) or ASIC miner (Sealminer A1) could be attractive unless it has somewhat lower price than S21.