Bitmain Plans to Build Mining Farms in Quebec

Chinese giant of the mining industry has already started negotiations with local energy departments
15 January 2018   1206

The world's largest manufacturer of mining equipment, Bitmain, is considering opening a mining center in the Canadian province of Quebec, CoinDesk reports.

Chinese giant of the mining industry has already begun negotiations with local energy departments. Representatives of Bitmain reported that the company has been engaged in the production of bitcoin and other crypto-currencies in North America since 2015, but did not specify the specific region.

Quebec is indeed an attractive region for the opening of mining farms for the production of bitcoin. The province has surpluses of inexpensive hydroelectric power, which local authorities are ready to offer technology companies. In addition, the cold climate contributes to the productive and reliable operation of ASIC-miners.

According to the director of business development of Hydro Quebec, "three or four" world's largest mining companies are considering Quebec as a new region for mining farms. 

New Antminer S9SE to be Sold Out in Few Hours

Price of updated device is is $ 351, hashrate - 16 TH\s and power efficiencey is 80 J\TH
19 June 2019   343

The Chinese manufacturer of mining equipment Bitmain introduced a budget device for Bitcoin mining Antminer S9SE. New ASIC miners were sold out in few hours.

Antminer S9SE is more efficient than previous models of this line. It's hashrate is 16 TH/s and power efficiency is 80 J/TH. For example, for S9k, the hash rate is 13.5TH/s, for S9j - 14.5TH/s.

The company's website indicates that the price of the updated S9 is $ 351. The first batch was presented yesterday, June 18, but in a matter of hours sold out. The next delivery of devices is scheduled for July 21-31.

In early April, Bitmain introduced the high-performance Antminer 17 Series based on 7-nm chips.