Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real

Over the previous three years, bitcoin mining gear has advanced dramatically—from machines cranking out huge terahash to extensively accessible rigs boasting efficiencies beneath 20 joules per terahash (J/TH). At the World Digital Mining Summit final month, Bitmain pulled again the curtain on a machine delivering over a petahash per second (PH/s) with an power use […]
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