Bitmain Launches New Antminer B7 ASIC Miner for Bytom (BTM)

The successor to the Antminer B3, a brand new device called Antminer B7 has been launched. This 96 KHS ASIC miner for Bytom (BTM) has been released by one of the largest manufacturers in the industry and ASIC miners- Bitmain.

The Antminer B7 is surmised to deliver 96 KHS hash rate and power usage and is currently available on the Chinese Bitmain website. Priced at $1500, 9900 in Chinese Yuan, the value can be jacked up a lot more for users in Europe or the US due to the addition of taxes and delivery charges summing up to around USD 2,000.

GPUs have gained a lot more popularity these days, giving a tough competition to the ASIC, especially when it comes to BTM mining which is remunerative when using this method of mining.

Another option of the NBMiner 21.0 GPU miner constructed for Bytom (BTM) is also efficient of delivering 3.4 KHS for a GTX 1070 Ti and also 11.5 KHS for the GTX 2080. Bitcoin Exchange Guide stated that a mining rig of eight GTX 2080 GPUs is essential for this miner in order to have a similar hash rate to the one provided by the new Antminer B7 and not only that, but GPUs also require more energy and are more expensive to run.

Ranked 56th on CoinMarketCap, Bytom is one of the most popular coins in the market right now. Currently, it has a market valuation of USD 91,833,430. For the past few months, the coin has maintained a stabilized position in the market fluctuating neither up nor down dramatically. With these recent developments, their hash rates are expected to go up.

Bitmain, on the other hand, has been steadfast with problems and issues in recent months. There have been reports of financial issues, shutting down of offices in Amsterdam and Israel as well as personnel changes. According to the report by Asia Crypto Today this week, there have been rumors about the company’s co-founder Jihan Wu, and his plans to move onto a new venture with other former Bitmain staff.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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