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Bitcoin (BTC): A 10,000 TH/s miner, a BlockForge joke?

Sun August 14, 2022 ▪ 2:00 p.m. ▪

5
min read – by
Mikaia ANDRIAMAHAZOARIMANANA

A bitcoin miner with a power of 10,000 TH/s is inconceivable at the moment. But BlockForge felt it was time to speed things up, or else push the boundaries. Anyway, it’s a monster miner that visitors must have seen at the entrance to Mining Disrupt 2022.

The Blockforge miner, a 10,000 TH per second juggernaut

If this bitcoin mining device is not the most powerful the world has ever seen, it must be admitted that it is disproportionately large. Showcased by BlockForge at the 2022 edition of the Mining Distrupt conference, this giant bitcoin miner is said to have garnered public attention.

BlockForge, which 5 days before the launch of the event tweeted the shipment of the large package, did not fail to put its name on it.

The 10,000 TH/S miner ready to ship! We’re gearing up for @MiningDisrupt with the monster miner on set. »

As a reminder, Mining Disrupt 2022 is an event including exhibitions of bitcoin mining devices and conferences organized by Jsbit.com in Miami, between July 26 and 28. There were highlighted enterprise solutions, blockchain technologies and novelties in terms of mining of cryptocurrency. For your information, the prices of pass for this 4e Mining Disrupt varied between 599 (General Pass) and 12,999 dollars (VIP-Pass + VIP table for groups).

Then, regarding BlockForge, note that it is an American distributor of bitcoin miners and cryptocurrencies. Its specialty extends from the sale of GPU, ASIC, Hash type devices, to the marketing of associated accessories. Aside from these products, the company is also famous for its trainings and seminars for tech enthusiasts.

What about the current range of devices?

By September, the Ethereum ecosystem will get rid of its miners due to the Merge, symbolizing the shift from PoW to PoS. For bitcoin, the changeover is not yet on the agenda. Mining like bitcoin miners is therefore not going to disappear in the near future.

As a reminder, the mining is part of a process of creating new bitcoin coins (or cryptocurrencies) and verifying new transactions. According to Go Banking Rates, this process relies on decentralized networks of well-equipped computers located around the world. By contributing to this system, miners are entitled to cryptocurrency rewards.

As for BTC mining devices, there are a variety of them on the market. Among the most popular are the AntMiner from Bitmain, the AvalonMiner from Canaan, the M30 and M31 from WhatsMiner or the VI/B1/G1 from iPollo. In addition, their prices can oscillate between 299 to more than 25,000 dollars.

Otherwise, lately, we have put in the spotlight the ASIC Antminers S19 XP from Bitmain that Marathon bought in large quantities last December. With a generation capacity of 140 TH/s, these devices mining bitcoin prices start at $11,000 on the Bitmain site.

As for the S19 Pro + Hydro, whose maximum hashrate is 198 TH/s, it is said to be very energy-intensive, with a consumption of 27.5 watts per TH. Its price is around 16,000 dollars.

And referring to monster miner from BlockForge, we will agree that the Antminer S19 Pro + Hydro, is far from reaching its ankle. We can also imagine how much energy this juggernaut will consume, roughly 250,000 watts. Unless BlockForge puts forward very convincing energy performances, this 10,000 TH/s device will be used to fuel new ecological debates among no-coiners.

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Mikaia ANDRIAMAHAZOARIMANANA avatar

Mikaia ANDRIAMAHAZOARIMANANA

The blockchain and crypto revolution is underway! And the day when the impacts will be felt on the most vulnerable economy of this World, against all hope, I will say that I had something to do with it