Is Bitcoin Mining Fading? Take a Look at Canaan, Microbt and Strongu’s Upcoming Mining Rigs

Crypto markets are maturing and so is the mining industry with it. A bunch of new mining rigs was announced in 2019 that packed some serious hashrate. Here are a few that are Crème de la crème. Avalonminer 10 Series The new A10 is a brand new miner equipped with high Hash-rate at 31 TH/S and low power consumption efficiency at 56W/T. the miner took half a year to be developed and attract buyers. The official WeChat account of the company informed that the new Bitcoin ASIC is expected to deliver a hash rate of 31 TH/s at a power consumption of 1736W. The company released the first 7nm miner called Avalonminer A9 before Bitmain's Antimner S15 release. There are also other firms launching 7nm miners and reaching new participants in the space. Cryptocurrency miners in China are waiting for the wet season in the Sichuan region where there are millions of mining rigs waiting for the cheap an abundant hydroelectricity energy. As there will be new miners connected to the Bitcoin network during