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Category: Cryptocurrency News (page 1 of 6)

Bitmain Officially Announces the Antminer S19j Pro Annual Batch Order Purchase, Opening Next Week

In view of the current strong market demand for mining hardware, Bitmain will officially launch an annual batch order purchase for the Antminer S19j Pro, which will be opening next week. Starting from August 2021, customers can receive a batch of Antminer S19j Pro every month for a period of one year.

The hash rate of S19j Pro is as high as 100 TH/s, boasting a low energy efficiency ratio of 30 J/TH, and the life cycle of the miner is expected to exceed 5 years. In addition, Bitmain’s excellent manufacturing quality and after-sales service will be a strong guarantee for a long-term investment to customers.

Due to the global shortage of chips, the order quantity of this batch is limited. Please contact the respective account manager to order.

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Bitmain Signs a Milestone Deal of 42,000 Antminer S19j miners with Riot Blockchain

Once the new miners are deployed, Riot Blockchain will nearly double its total hash rate to 7.7 EH/s

Hong Kong, April. 08, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 42,000 Antminer S19j miners with Riot Blockchain, Inc. (“Riot Blockchain” or “Riot”), a Nasdaq-listed cryptocurrency mining company.  A minimum of 3,500 Antminer S19j ASIC miners are scheduled to be delivered monthly to Riot starting in November 2021, and the rest are planned for receipt and deployment through October 2022.

The new $138.5 million purchase represents a robust strategic plan and a growth milestone for Riot to increase its bitcoin mining hash rate. Once the new miners are fully deployed, Riot is predicted to gain a significant hash rate growth to 7.7 EH/s, which nearly doubles the company’s previously estimated mining rate capacity of 4.0 EH/s by October 2021.

“We are excited for our long-term cooperation with Riot as they continue to solidify their growth and position as one of the global leading companies in Bitcoin mining. This growing partnership is also a strong proof of our S19j. The model has inherited Antminer S19 series’ remarkable hash rate and industry-leading manufacturing quality with excellent power efficiency. The new order of Bitmain’s next-gen Antminers will undoubtedly assure the rapid growth and the long-term investment of Riot’s mining operations”, said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.

“This long-term purchase order marks a major milestone in the continued expansion of Riot’s mining operations,” said Megan Brooks, COO of Riot. “Our existing fleet of miners has already positioned us as a public-company leader in Bitcoin mining. By nearly doubling our planned hash rate capacity, we are taking a great stride in growing our share of the global hash rate distribution. We are proud of this accomplishment and remain focused on continuing to evaluate additional opportunities in the space.”

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Leading the Market Through Long-Term Investments, the Second Batch of Antminer S19j was Quickly Sold out Again

The second batch of Antminer S19j was quickly sold out, which once again confirms the market’s full trust and confidence in Bitmain’s products.

Established with an excellent R&D and supply chain system, Antminer continues to provide customers with the most advanced computing power and power efficiency ratios in the industry, becoming a well-known choice for many long-term investment customers. The Antminer 19 Series inherits the excellent reliability, performance, and quality known from Bitmain, while also providing customers a comprehensive after-sales service to maintain and ensure high-quality mining operations. The life cycle of the 19 Series is expected to reach more than 5 years.

As the global digital currency mining industry enters into a new stage of large-scale and mature development, Bitmain will continue to develop computing power technology, enrich mining pool resources, mining farms, and cloud computing power platforms to provide customers with better products and services. Bitmain values long-term cooperation with its customers, and will work closely with everyone to cope with the changes and fluctuations in the digital currency market and achieve the strategic goal of win-win cooperation.

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The Second Batch of Antminer S19j Will Officially Go on Sale on March 02

In order to meet the strong market demand for Antminers, Bitmain will begin selling the second batch of Antminer S19j orders. The Hash rate of S19j is as high as 90 TH/s, with a power consumption of 3100W, and power efficiency ratio as low as 34.5 J/T. Bitmain will continue to provide customers with high-quality products guaranteeing quality and perfect after-sales service. The Antminer S19j is expected to operate for more than five years, providing miners assurance for long-term value investment. This batch of miners will go on sale on March 02, 14:00 (GMT+8), and is scheduled to be shipped in October!

For inquiries to order the second batch of Antminer S19j, kindly email the corresponding regional sales channels:

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Bitmain makes another wave, the first batch of Antminer S19j is sold out, order contracts were well received by long-term investment customers

Hong Kong, China, February 27, 2021, Bitmain – the world’s leading producer of cryptocurrency mining hardware announced that the first batch of the Antminer S19j after the Chinese New Year had quickly sold out. Due to the high demand, Bitmain is preparing the second batch to meet with customer’s high demand.

The Antminer S19j maintains exceptional mining capabilities from Bitmain, displaying advanced power efficiency and cost-effectiveness. Similar to the highly-established Antminer S9, the Antminer 19 Series is expected to exceed a 5 year mining lifetime. In addition, Bitmain offers excellent manufacturing quality and after-sales service to guarantee long-term value to investment customers.

As the global cryptocurrency mining industry enters a new stage of development, in terms of sales, Bitmain plans to launch a variety of services for long-term cooperation clients. Bitmain aims to adaptively respond to market opportunities and challenges to conduct joint value investments to achieve the strategic goal of creating up a win-win partnership.

Thanks to valued customer support to the Bitmain and Antminer brand, Bitmain will be holding the “2021 Bitmain Partner Summit” in Shenzhen, China on March 12. During this summit, Bitmain will announce its global sales strategy and introduce the new sales ordering model and other important developments.

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Ant Training Academy Releases 2021 Course Schedule

Sign Up Now to Get a Special New Year’s Deal and an Extra Surprise

Looking back into 2020, a year like no other, Bitmain’s Ant Training Academy (ATA) had made some significant and immediate adjustments to ensure trainees worldwide to receive effective training courses. Moving forward, ATA releases its 2021 S1 course schedule and prepares a special deal for early birds.

2020 Ant Training Academy Milestones

  • April — Domestic/overseas online maintenance training Launch
  • May — Global mining forum and GMF Chengdu Summit
  • June — Released onsite courses on power maintenance in China, optimized the course setup (mandatory and elective courses)
  • June — Strategic partnership with ViaBTC pool for ATA bursary program
  • July — Antminer S19 onsite maintenance training courses
  • August — Antpool online livestream event
  • October — Onsite training course upgrade in China (from Level ½ courses to long-term/short-term courses)
  • November —Antminer S19 online maintenance training courses
  • November — Bitmain mining summit
  • December — Year-end client reward.

2020 ATA’s Maintenance Training Course Data at a Glance

In 2020, Ant Training Academy held 13 onsite maintenance training sessions, with more than 90+ enrolled participants at a 100% qualification rate. 

Given the global impact of the Covid-19 pandemic, ATA also launched online courses in time to help those in need of Antminer maintenance training. In 2020, ten online training sessions were launched in China, while seven were held overseas, involving more than 140 trainees worldwide. Among those participating in the assessment, the certified rate of domestic trainees was 66.7% and 75% for the trainees overseas.

2020 ATA Trainees by Statistics

2021 New Course Preview and a Special Deal for Early Birds

2021, ATA will continue to upgrade and enrich training course offerings to meet the diverse needs of trainees, with more optimized professional guidance and practical experience.  2021 S1 training course schedule has been released, and are now open for application:

  • March 8th -20th   Domestic Online Training Course
  • March 15th -26th   Oversea Online Training Course
  • March 8th -20th   Domestic Onsite Long-term Training Course
  • March 15th -19th   Domestic Onsite Short-term Training Course

* Please note that the actual schedule is subject to specific arrangements

As a big part of the Bitmain community, ATA takes our trainee experience as a priority. Stepping into 2021, ATA has a special discount offer for early birds.

Those who complete new course registration and payment between January to April 2021 will receive:

  • $50 off coupon on course material purchase
  • A chance to win a $300 registration discount

Extra Surprise When You Share

Helping to spread the offer on your social media will get a chance to win an extra surprise. Between 2021 January 20th to 24th, share this post on your Facebook or Twitter, and we will give away a $20 off coupon for those who can get over 68 likes on their shared post.

Just remember to send us the screenshot of the post with your valid name, phone number, Antminer email address to [email protected] or Official Facebook/Twitter accounts. The coupon will be given to your corresponding official website accounts by January 31st, 2021.

Limited offers only. First come, first serve!

*Antminer serves the right to interpret.

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Bitmain Signs Another Deal of 15,000 Antminer S19 Series with Riot Blockchain, Empowering it with a Significant Mining Hash Rate Growth

Hong Kong, Dec. 22, 2020 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 15,000 S19 Series Antminers with Riot Blockchain, Inc. (“Roit Blockchain” or “Roit”), a Nasdaq-listed cryptocurrency mining company.  This approx. $35 million purchase is comprised of 3,000 S19 Pro Antminers (110 TH) and 12,000 S19j Pro Antminers (100 TH). These top-selling miners are scheduled for receipt and deployment starting in May 2020 and continuing through October 2021.  

In total, Riot has purchased 37,640 next-gen fleet of miners from Bitmain within this year.  Bitmain’s S19 Series has quickly become a true game-changer and a model of high performance in the market since its debut. With the new order of 15,000 S19 series Antminers, combined with the previous purchases, Riot is predicted to significantly increase its mining rate capacity to 3.8EH/s in 2021 and will gain an aggregate mining efficiency of 31.79±% 5 J/TH after full deployment.   

“We are extremely excited to expand and deepen our partnership with Riot Blockchain again this year. In total, Riot additionally purchased 15,000 Antminer 19 series. The 19 series enjoy a wide popularity in the global markets with outstanding hash rates and power efficiency, which continuously bring tremendous values to our customers around the world. I am confident that with the new purchase, Riot can continue to grow their mining operation and play an increasingly vital role in bitcoin mining across North America.” said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.

“Continued growth in deployed miners is paramount to a miner’s success,” said Jeff McGonegal, CEO of Riot. “Expanding the Company’s bitcoin mining hash rate and operating on a cost-effective basis is very important, particularly during periods when the bitcoin spot price has appreciably increased. We are pleased to have secured this latest purchase, especially given that the available supply of mining hardware continues to become increasingly scarce.”

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Ant Training Academy Offers Optimized Online Courses

Bitmain’s training service upgrading project ‘Ant Training Academy’ (ATA) made significant adjustments this year to ensure that participants worldwide can still be trained amid the global pandemic of COVID-19. ATA launched its online courses and has completed 16 online trainings courses so far, including 9 in Chinese and 7 in English, with more than 130 trainees participated, accounting for nearly 50% of the total number of trainees in 2020.

ATA is the only training institution and certification authority officially certified by Antminer. Based on years of knowledge dissemination and technology inheritance and accumulation, ATA offers optional maintenance training courses: onsite maintenance training and online maintenance training. Onsite maintenance training includes long-term courses (fundamentals of chip welding and miner maintenance training) and short-term courses (miner maintenance training only). Online maintenance training includes various training videos and documents, online trainer guidance, and Q&A.

Due to many participants being unable to attend onsite courses attributed to the pandemic, and with the growing urgency for maintenance training. ATA put together and developed high-standard online courses when the pandemic broke out and eventually came up with an explorative and practical solution as below:

The online maintenance training is composed of 3 phases. Material explanation, Q&A,  and examinations are modules included in each phase. The duration for the online training course is 14 days, and trainees can arrange the online learning time flexibly with exceptions for the assessments.

Course Content

Assessment: 3-Phase Examination (70%) + Theory Assessment (30%)

The maintenance training courses are currently available for the Antminer 9, 17, and 19 series. For the trainees who apply for the online training course from Oct.1, 2020, to Dec.31, 2020, a $200 coupon for purchasing materials on our official website shall be issued. Skills come from practice, so ATA still suggests participants take onsite courses if possible so that they can learn better through hands-on experience and face-to-face guidance from professional instructors.

More information about ATA could be found:

Online courses – https://support.bitmain.com/hc/en-us/articles/900003141683

Onsite courses – https://support.bitmain.com/hc/en-us/articles/360015970014

As a global leading technology company, Bitmain takes customer experiences as a priority. As a strategic role of Bitmain services, ATA keeps upgrading and evolving and will continue to upgrade training courses as market needs, especially to empower our customers with the ability to maintain and repair their miners, hence to reduce the losses caused by miner failures.

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Mining and Investment Summit 2020 Gathered Industry Leaders to Discuss Risk and Opportunities in Today’s Market

On November 24th, Bitmain joined hands with Matrixport to host the Mining and Investment Summit 2020. This half-day online event brought together the top leading companies in the fields of Cryptocurrency Mining and Digital Asset Financial Services, which delivered the latest and most significant Global Mining Trends, Risk Management, and Investment Opportunities currently happening in the industry.

The Mining and Investment Summit featured three keynote speeches and three-panel discussions. Su Ke, Sales Director of EMEA CIS Region of Antminer, participated and delivered the very first keynote speech, in which he addressed the current market trends, especially the growing demand for miners. He also announced the launch of Bitmain’s new products – Antminer S19j and S19j Pro, following the significant success of the 19 Series. The delivery date for this miner is set in June for China and July for the overseas market.

Su Ke then introduced Bitmain’s recent rack-style new product – AntRack, highlighting its key features, such as its modular design with hot-swappable features, upgradable hash boards, and the water-cooling unit. Su Ke also announced the AntRack to have an estimated availability in May 2021.

Following Su Ke’s presentation, Cynthia Wu, Head of BD and Sales of Matrixport, and Eugene Ng, Director of BD of Matrixport, discussed how miners could maximize gains and hedge risks in today’s market. They discussed Matrixport’s products of hedging with a leveraged bear, buy an insurance (buy a protective put), dual currency product, smart trend, and lending. This was followed by Thomas Heller, COO of Compass, who explained the current state of Bitcoin mining. In the panel discussions, industry elites talked about the global mining landscape, interesting mining trends in 2020, as well as the operations and investment into mining.

The summit came at a crucial time for the industry as the market demand for new and innovative ways to strengthen digital mining is growing, and the global landscape is undergoing a drastic reshape. Bitmain is looking to participate and even host more events like this to develop and share insightful observations and instructions, together with the top minds of the industry.

Interested viewers can find the event video here. If you are interested in participating in the next online event, feel free to contact [email protected]

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A Close-up at Bitmain’s Rack-Style New Miner

Earlier this month, Bitmain announced a new rack-style mining hardware – AntRack. With features customized for large-scale deployment, Bitmain developed this new product to empower its clients to explore more potentials for their operations.

AntRack adopts a pioneering hot-swappable modularized configuration. The hash board, control panel, power supply unit (PSU), and fans, are essential parts that are hot-swappable for optimized operations. 

The hot-swappable design makes it a perfect fit for large-scale facilities, as it ensures the convenience to upgrade while maintaining eco-friendly operations. Once the AntRack is installed, owners can easily replace all the essential parts without powering down. When the new generation chipsets are released, the current hash boards can be easily replaced with the latest ones, effectively upgrading the current AntRack with the most efficient hash rates and power efficiency. Thus, it significantly reduces the human and resource consumption into new hardware, ensuring an eco-friendly operation.

To ensure mining operations are uninterrupted, and maximization of ROI is achieved. The AntRack adopts a 3+1 redundant operation power supply unit, bringing a total of 12+4 redundant operation for the entire rack, which is all hot-swappable, avoiding potential losses caused by power failure.

As an all-in-one rack-style miner, AntRack can be deployed quickly and conveniently. AntRack can easily be deployed and operational once its 3-phase AC power cable and network cable are plugged in, and the inlet & outlet for the water-cooling unit are set.

AntRack Easy Set-up Configuration

Knowing customers will have potential requests for large-scale placement, Bitmain provides an all-in-one data center solution – ANTBOX, that can house 10 AntRacks. This is a customized solution and can be designed per the client’s requests. It delivers all the advantages of AntRack into one package – eco-friendly, easy to deploy, upgradable, and reliable. By configuring the 3-phase AC power supply, network port, and water-cooling system, mining is possible in almost every location.

AntRack AntBox Solutions

Several water sources can be used on the condition that the water requirements are met, such as purified water sources from lakes and rivers. Utilizing the traditional cooling tower system is another option for other situations.

AntRack Water Cooling Unit Requirements

The main parameters of AntRack are as following:

AntRack Parameters

AntRack is a perfect fit for large-scale deployment of mining farms and data centers. 

Bitmain adheres to the user-friendly principle. By actively challenging the market and technological innovation, Bitmain strives to bring better products and services that can truly solve problems for our customers. AntRack yet again proves Bitmain’s determination and commitment.

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