Crypto News & Watchlists

Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating

On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash (J/T). This announcement from Microbt closely follows Canaan’s recent release of the A1466I, which also claims an efficiency rating of 1X J/T or approximately 19.5 J/T. Meanwhile, Bitmain is gearing up to launch a new series later this week, anticipated to align closely with this efficiency benchmark.

Microbt Set to Debut New Bitcoin Mining Rig Series

Shortly before Bitmain’s planned announcement of the new S21 Antminer series and following Canaan’s release of two new Avalon mining rigs, Microbt, a key competitor, unveiled their latest offering: the new M60 series BTC miners.

While Microbt already provides a mining rig (M53S++) capable of delivering 320 terahash per second (TH/s), it maintains an efficiency rating of approximately 22 J/T. Luxor and the team at reported that Microbt “overclocked this model to a mind-blowing hashrate of over 360TH/s.”

However, in Microbt’s Tuesday announcement, specific details regarding the hashrate output of the new M60 series were not provided. The statement specifies that the new M60 series will be unveiled on October 24, 2023, during the Blockchain Life 2023 event in Dubai.

The only detail provided about the M60 series is that it will include a rig with an efficiency rating of 1X J/T. In addition to this announcement, on September 5, Microbt revealed an autumn sale for earlier-generation mining rigs, running until September 28.

Towards the end of this week, on September 22 to 23, Bitmain is set to launch its Antminer S21 line at the 2023 World Digital Mining Summit (WDMS). The S21 series will also feature a miner with an efficiency rating of 1X J/T.

What do you think about Microbt’s plans to launch a new bitcoin miner with an efficiency rating of 1X J/T? Share your thoughts and opinions about this subject in the comments section below.

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