At the beginning of this unusual and at times challenging year, the cryptocurrency world remembered the cryptocurrency mining boom and whether it is over now. But fears quickly weakened as large companies listed on the Nasdaq expressed clear interest in mining bitcoin (BTC) for extra profits.
It has been said more than once that the sharp increase in production this year is directly linked to a significant increase in cryptocurrency prices. Bitcoin can be purchased for just over $ 10,000 in the summer; Now the price is more than double the amount. Alternative currencies do not lag behind. Ether (ETH) hit $ 650 this month, and Litecoin (LTC) was recently above $ 117, although the latter six months ago could have been bought for as little as $ 41.
As analysts expect the upward trend to continue until 2021, demand for the latest hardware is likely to be strong. So here are some of the most exciting products on the hardware market that miners expect to hit the shelves in 2021.
On solid ground
When it comes to Bitcoin mining, ASIC miners are the most important hardware choice. An ASIC, or Application Integrated Circuit, is a shelving unit that is easy to configure and program. Things get interesting when expanding Ether and Ethereum tokens, as it requires the installation of a platform consisting of motherboards, GPUs and many other components.
So what was spent this year and what did the world’s miners spend the most money on? Riot Blockchain recently acquired 15,000 different variants of the Antminer 19 series, which will be delivered in 2021. Nathaniel Justin Yu, head of Bitmain’s Global Marketing Group, confirmed to Cointelegraph that the Antminer 19 series models released in May 2020 are in high demand among bitcoin miners. :
We are seeing increased demand for mining, especially for the Antminer 19 series (Antminer S19 Pro, S19 and T19). This year, the 19 Series delivered market-leading performance as it was equipped with a specially designed next-generation chip that only reached 23 J / TH. Our Antminer products were purchased before July 2021. ”
For those who decided to install rigs on their own, the list of the most in-demand mining equipment this year naturally begins with video cards. Two longtime competitors unveiled their latest lineups this year: Nvidia with the GeForce RTX 3000 series graphics card in September, followed by AMD’s Radeon RX 6800.
Miners still disagree on which of these cards is best, but the main question is when these cards will be available to everyone, as demand significantly exceeds supply. While the Nvidia GeForce RTX 2080 Ti and AMD Radeon RX580 remain some of the best graphics cards out there, interest in new offerings is likely to last until 2021.
Bitmain will continue to delight users with Series 19 ASIC miners in the coming year. According to the manufacturer, new solutions will be introduced to improve the efficiency of mining.
Another Chinese manufacturer, Canaan Creative, introduced the new AvalonMiner 1246 miner in September, which claims to be 30% more efficient than the previous model. According to the manufacturer, the AvalonMiner 1246 can reach 90 terrachas per second, while the A11 series operates at an average of 60-68 Th / s.
The miner will be available from January. Although this model is inferior to the Antminer 19 in terms of performance, the cost is a bit cheaper. With a price tag of around $ 3000, it is still worth paying attention to those who want to break bitcoin.
New graphics cards
While Nvidia has been fighting against its flagship GeForce RTX 3060 Ti, AMD is already working on the next series, and has just unveiled the 6000 series. The company announced the launch of the next series with its new RDNA 3 architecture in late 2021. According to the manufacturer, it must bypass the block. Previous graphics processing has 50% performance and requires less power and cooling to run.
But you should not write off Nvidia for now. Despite some delays in the release of GeForce RTX 3000 cards, the company can prepare to unveil new products during an event scheduled for January 12, 2021. The manufacturer is expected to introduce Ti and Super modifications suitable for miners. In any case, the line will be expanded with cards in different price ranges, and this will allow users to have more options when installing mining platforms.
If GPUs are the preferred mining operation, a good motherboard is absolutely essential. The biggest advantage in this case is the number of slots where the GPU cards can be installed.