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Bitmain Releases Mining Machine For Dogecoin and also Litecoin

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

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

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

     



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

    Mining Hardware 2021.

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

    It's not just Bitmain. PC pc gaming devoteds have been struggling to get their hands on brand-new Nvidia chips. Powerful GPUs like the business's GeForce RTX 3080, RTX 3070, as well as RTX 3060 Ti are, however for gamers, really reliable at mining cryptocurrencies (especially Ethereum).

    In May, Nvidia announced it was cutting the hash power on these systems. After that it introduced its own, purpose-built Ethereum miner, the CMP, or Crypto Mining Processor. At the end of last month, Quartz reported that the international shortage of Nvidia chips pumped resale rates by as long as 300%.

    While the crypto market is familiar with change-- today is a specifically poor day, with prices down by about 5%-- the feverish need for brand-new equipment shows that, in mining circles a minimum of, crypto is anticipated to stick around a while.

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