Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit

Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S21, is being hailed by Bitmain as the market’s most proficient machine, marking a pivotal shift in the industry into the 1X joules per terahash (J/T) era.

Antminer S21: Bitmain’s Next-Gen Bitcoin Miner to Debut at Hong Kong’s WDMS 2023

The impending launch of this new mining rig has been detailed in a report by Weixin, which highlights that the device will be revealed at the 2023 WDMS in Hong Kong from September 22 to 23, 2023. The Antminer S21, whose existence was also confirmed by local Chinese crypto reporter Colin “Wu Blockchain,” is poised to take center stage.

“Bitmain announced that it will hold the Summit in Hong Kong from September 22 to 23, 2023 and release the latest Antminer S21 bitcoin mining machine,” proclaimed the reporter on the social media platform X. “It claims that the energy efficiency ratio is lower than 20 J/T for the first time.”

While the Weixin report refrains from disclosing the exact ratio, it underscores that the machine will shepherd “the global mining industry into the 1X J/T era with unparalleled computing power and performance.” Additionally, Bitmain announced at the conference that it will introduce a customer point system for S21 buyers, offering them discounts on the machines. The report, however, also remains silent on the specific terahash output of the new machine or whether the S21 will constitute a series of miners.

Back in May, Bitmain’s rival Microbt took the wraps off a hydro-cooling Whatsminer machine, designated the M53S++, boasting up to 320 terahash per second (TH/s) and an efficiency ratio of 22 J/T. In comparison, Bitmain’s top-performing miners, the Antminer S19 Pro Hydro and the Antminer S19 XP Hydro, achieve 184 TH/s and 257 TH/s, respectively. The XP bitcoin mining machine crafted by Bitmain narrowly approaches the 20 J/T mark, registering at 20.8 J/T.

What do you think about the upcoming Antminer set to be revealed at the 2023 WDMS Share your thoughts and opinions about this subject in the comments section below.

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