Bitmain, a leading global manufacturer of Bitcoin application-specific integrated circuits (ASICs), has unveiled its latest air-cooled Bitcoin miner, the Antminer T21, with a computing power of 190 terahashes per second (TH/s) and an impressive energy efficiency ratio of 19 joules per terahash (J/TH).
The announcement was made on October 26 during the Blockchain Life 2023 Forum in Dubai, where Bitmain served as a “diamond sponsor.” The new Antminer T21 is designed to operate efficiently even in ambient temperatures as high as 45 degrees Celsius.
Bitmain’s head of marketing, Xmei Lin, highlighted the global premiere of the Antminer T21 at the Dubai event, underscoring the company’s commitment to innovation in the cryptocurrency mining industry.
Customers eager to get their hands on the Antminer T21 can expect shipments to commence in January 2024, as confirmed by Bitmain’s spokesperson. This air-cooled miner supports the SHA256 mining algorithm, making it compatible with proof-of-work (PoW) cryptocurrencies like Bitcoin, as well as Bitcoin Cash (BCH) and Bitcoin SV (BSV), both of which are forked versions of Bitcoin.
To further enhance the appeal of the Antminer T21, Bitmain is offering a price protection plan for buyers. Available until November 25, 2023, this plan is designed to safeguard miners from potential declines in cryptocurrency prices. Customers can select protection periods of one month, three months, or six months, ensuring compensation in cash if the price of Bitcoin falls below a specified threshold during the protected period.
The introduction of the Antminer T21 underscores Bitmain’s ongoing commitment to providing cutting-edge mining hardware. Bitmain’s product lineup includes a range of ASIC miners designed for mining various cryptocurrencies, and it continues to innovate in response to the evolving needs of the mining community.
In the broader ASIC mining industry, competitors like Canaan (formerly Avalon) have also continued to release new mining machines. As the mining landscape evolves, miners have seen price reductions per terahash, impacting the market dynamics.
Despite these challenges, the ASIC mining industry remains dynamic and adaptable, with continuous efforts to improve efficiency and drive innovation in the hardware sector. Bitmain’s Antminer T21 is the latest example of these advancements, offering miners an attractive combination of computing power and energy efficiency in a highly competitive market.