MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models.
During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the company’s mission and its commitment to serving its customers with cutting-edge manufacturing. He emphasized the pivotal role of energy in powering mining hardware, highlighting the growing importance of renewable energy sources and the advancement of renewable technologies, such as solar panels, wind turbines, and BESS, in the era of sustainable development.
Dr. Yang underlined that the WhatsMiner M60 series was meticulously designed to align with industry demands, ESG-friendly mining goals, customizable functions, and, critically, operability with renewable energy sources. The latest generation M60 series features several models with varying specifications.
The introduction of MicroBT’s new line of Bitcoin miners theoretically will have a significant impact on the overall Bitcoin network hashrate, leveraging impressive specifications and industry-leading energy efficiency. As the mining landscape constantly evolves, miners are driven to adopt more powerful and energy-efficient hardware to remain competitive. As well, a mining farm in Iceland, where ambient temperature cooling is free, versus one in the middle of heartland Texas heat, have very different logistical concerns regarding heat management. The latest WhatsMiner models, with their varied cooling systems, represent a significant leap in catering to such varied operations
The WhatsMiner M66S and WhatsMiner M66 immersion cooling models deliver hashrates ranging from 298TH/s to 270TH/s and from 276TH/s to 240TH/s, respectively. Both boast highly commendable energy efficiency, rated at 18.5 J/T and 19.9 J/T. This means that miners utilizing these rigs can significantly enhance their hashing capabilities while minimizing energy cost. This translates to a more efficient mining operation, and reducing operational costs.
On the other hand, the hydro-cooling models, WhatsMiner M63S and WhatsMiner M63, are designed to provide even greater hashrates, ranging from 390TH/s to 360TH/s and from 366TH/s to 334TH/s. The energy efficiency ratings, at 18.5 J/H and 19.9 J/T, signify a remarkable balance between hash and energy consumption.
For miners looking for air-cooling options, the WhatsMiner M60S and M60 models offer hashrates ranging from 186Th/s to 170Th/s and from 172Th/s to 150Th/s. With energy efficiency ratings of 18.5 J/T and 19.9 J/T, respectively, these models are well-suited for environments where liquid cooling may not be feasible. They cater to a broader range of mining operations, including those in regions with less advanced cooling infrastructure.
Vincent Zhang, Sales Director of MicroBT, highlighted that miners opting for the M60 series can optimize their operations due to the hardware’s impressive performance, capable of running at 80°C. In addition, miners who adhere to ESG mandates for funding will find it easier to access investments from institutional players.
Acknowledging the significance of the M60 series, Ghazaleh Barman, Vice President of Riot Platforms, and Niek Beudeker, Managing Director of Peak Mining, a division of the Northern Data Group, highlighted the series’ design to tackle issues related to power generation and distribution in order to meet stringent grid management standards, including those set by ERCOT in Texas, USA. The cumulative effect of these highly efficient MicroBT miners on the Bitcoin network hashrate is likely to be substantial, and the rapid response of PSU power management within the M60 series is expected to play a pivotal role in maintaining grid load balance.
The mechanisms which create the conditions of freedom that bitcoin enables also create self-empowerment within HODLers.Rule V: Bitcoiners Do Not Do What We HateA reimagination of “Beyond Order” by Jordan Peterson through the lens of Bitcoin.Rule IRule IIRule IIIRule IVPrefaceThese essays mirror the exact chronological structure of Beyond Order by Jordan Peterson, offering a reflection…
Professional soccer player Ryan Babel has reportedly onboarded teammates to bitcoin, helping them secure and grow their wealth.According to online reports, Galatasaray S.K. and Netherlands national football team’s Ryan Babel has been shilling bitcoin to his teammates. Babel has played for Ajax, Liverpool, Fulham and others. He has played in the Champions League, Euro 2012…
Yesterday, an auction was held by cryptocurrency and blockchain artist @cryptograffiti for a piece titled “black swan,” which the artist made using “fiat and counterfeit detector pen ink.” The artist, who became involved with bitcoin in 2013, held the auction on a website where users could only bid via Lightning Network micropayments, with the first…
The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador's pro-Bitcoin law, hindering the country's attempts to secure a $1.4 billion credit line as reported by Infobae. NEW: 🇸🇻 IMF reportedly demands changes to El Salvador's #Bitcoin law for a $1.4 billion aid.They're scared 🙌 pic.twitter.com/vmqhts5dCY— Bitcoin Magazine (@BitcoinMagazine) April 12, 2024 El Salvador made history
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 10 BTC, currently worth $590,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for people living under authoritarian regimes, Bitcoin
Missouri Mayor Jayson Stewart plans to give every household in Cool Valley $1000 worth of Bitcoin.Missouri Mayor Jayson Stewart plans to give every household in Cool Valley $1000 worth of Bitcoin. Cool Valley, Missouri, a small town in the St. Louis County area, has about 1,500 residents. Jayson Stewart told Bitcoin Magazine in an interview…
A bold statement has emerged from a former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton, suggesting that the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) is inevitable, stating that "there's nothing left to decide," in an interview with CNBC today.The former SEC Chair's confident proclamation hints at an imminent breakthrough in the
You can now use the Lightning Network to shop on stores powered by Shopify. The e-commerce platform now features a Bitcoin mainnet and Lightning Network plug-in for its more than 500,000 merchants, courtesy of OpenNode. On-chain payments on Shopify have been possible for sometime through BitPay, but this recently struck partnership is the first to…
The properties of Bitcoin allow it to protect the human rights of people around the world, as outlined by the United Nations.This is an opinion editorial by Anita Posch, the founder of Bitcoin For Fairness who has traveled extensively around the world to learn how the globally unbanked can benefit from sovereign money.In 2022, European…