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HS3 Is Manufactured By Bitmain And it’s mining Handshake algorithm which running maximum hashrate of 9TH for a power consumption of only 2079W.

Bitcoin Mining Firm Bitmain Sells Out Latest HNS HS3 Antminer in 27 Seconds

Bitmain, the world’s largest ASIC bitcoin mining rig producer, has completed one of its fastest sellout times. Bitcoin miners snapped up the entire batch of the latest HNS HS3 mining rig in a mere 27 seconds.

Bitmain’s Sells Out HS3 in 23 Seconds
Bitmain has a strong history of selling out mining rigs, like the Bitmain S19 Antminers, which was snapped up within 24 hours. The company has now achieved its quickest sell-out for its latest mining device, the Antminer HNS HS3.

On Wednesday, December 21st, Bitmain announced that the Antminer HNS HS3, which retailed for $2,092 per unit, was completely sold out in 27 seconds.

According to Bitmain, the HNS HS3 Antminer offers a hash rate of 9 TH/s (terahashes per second) and a power rating of 2,079 watts. This translates to an energy rating of 231 joules per terahash.

Not the Best Year for Miners
2022 has not been the most profitable year for miners, with the price of Bitcoin plummeting by 64% while mining difficulty and hash rates have reached several all-time highs.

Bitcoin mining profitability has been further affected by skyrocketing energy costs. The barrage of factors has resulted in mining profitability dropping by more than 75% since the start of the year.

On the Flipside
Bitmain’s only available flagship miner is the Antminer S19 XP (NASDAQ:XP). It boasts a hash rate of 134 TH/s and 21.5 joules per terahash for $6,164 per unit.
Why You Should Care
The quick sellout of Bitmain’s new Antminer shows that there is still interest in Bitcoin mining, despite declining profitability this year.

The drop in mining price is covered in:

World’s Largest Bitcoin Miner, Core Scientific’s Stock Falls Over 78% in 24 Hours After Bankruptcy Warnings

More on the Bitcoin price drop below:

Bitcoin (BTC) Falls to Monthly Low After Rejection at Critical Resistance, Further Decline Ahead?

E9 Is Manufactured By Bitmain Antminer And it’s mining EtHash algorithm which running maximum hashrate of 2.4Gh for a power consumption of only 1920W.

Bitmain Launches Antminer E9 for $4.17 per Megahash

447 days after revealing the Antminer E9, Bitmain has finally launched the product. The company announced the launch on July 6, 2022, and said “[The Antminer E9] is equipped with a hashrate of 2,400 [MH/s], 1920W power efficiency, and power efficiency of 0.8J/M. E9 is an advanced Ethereum miner which enhances ETH/ETC mining operations.”

The new Antminer E9 leverages the consensus algorithm Ethhash and the 2,400 MH/s of hashpower is equal to 2.4 GH/s. At $9,999 per unit, the E9 is $4.17 per megahash and delivery will take place on July 15-31.

Interested buyers can purchase the Antminer E9 with bitcoin (BTC), usd coin (USDC) and tether (USDT) tokens stemming from Ethereum and Tron. There’s a maximum of five units per account that can purchase the new Antminer, according to the website.

The new Antminer E9 can get an estimated profit of around $37.98 per day with an electrical cost of around $0.12 per kilowatt-hour (kWh) and using today’s ether exchange rates. The machine outpaces the top two Ethhash compatible competitors which include Innosilicon’s A11 Pro ETH miner with 1,500 MH/s and the A10 Pro+ ETH miner with 750 MH/s.

KA3 Is Manufactured By Bitmain And it’s mining Kadena algorithm which running maximum hashrate of 166TH for a power consumption of only 3154W.

Today’s Top 7 Mineable PoW Algorithms Include Kadena, Scrypt, Cuckatoo32, Blake2B-Sia, X11, Equihash, and SHA256

According to the latest data from asicminervalue.com, the PoW consensus algorithm is no longer the most profitable consensus scheme to mine since the Paris upgrade triggered Ethereum’s Merge. Since September 15, Kadena has become the most profitable consensus algorithm this year. Bitmain’s application-specific integrated circuit (ASIC) mining rig, the Antminer KA3, gets an estimated $69.41 per day with electricity costs at $0.12 per kilowatt hour (kWh). Miners mine the PoW blockchain Kadena (KDA) and the Antminer KA3 produces an estimated 166 TH/s.

Kadena’s network hashrate is around 0.21 exahash per second (EH/s) or 212.8632 petahash per second (PH/s). The second most profitable consensus algorithm using an ASIC mining rig is Scrypt, the consensus scheme associated with litecoin (LTC) and dogecoin (DOGE). Besides DOGE and LTC, a handful of other digital asset networks like verge (XVG) and digibyte (DGB) leverage Scrypt as well. Today’s top miner, Bitmain’s Antminer L7, can get an estimated $13.09 in daily profits. The top three miners below the Antminer KA3 are all Scrypt miners produced by Bitmain.

Below Kadena and Scrypt, the third most profitable PoW consensus algorithm is Grin’s Cuckatoo32. The top Cuckatoo32 ASIC mining device can get an estimated $7.48 per day in profits. Below Cuckatoo32 includes consensus algorithms such as Blake2B-Sia, X11, Equihash, and SHA256. The consensus mechanism SHA256 is leveraged by crypto networks such as bitcoin (BTC), bitcoin cash (BCH), bitcoinsv (BSV), and namecoin (NMC).

SHA256 is the seventh most profitable consensus algorithm and a BTC miner leveraging an Antminer S19 XP with 140 TH/s gets around $2.60 per day. With Ethereum removed from the equations, people can still mine Ethash coins like ethereum classic (ETC), but the top Ethash mining devices produce little profit in comparison to when people could mine ether.