Hut 8 partners with Bitmain to launch new BTC ASIC miner
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Homepage > News > Tech > Hut 8 partners with Bitmain to launch new BTC ASIC miner Block reward miner Hut 8 (NASDAQ: HUT) has announced a new BTC ASIC miner in partnership with Bitmain. The two have been in business for years in a miner-manufacturer partnership that spans commercial and technical ties. The U.S. miner has been supporting Bitmain in developing more efficient mining rigs as it seeks an edge in the competitive space amid dipping profits for miners. The new U3S21EXPH miner is a culmination of this partnership, Hut 8 said in a press release. It will be the first commercial ASIC miner from Bitmain that features direct liquid-to-chip (DLC) cooling. Today, Hut 8 is launching a next-generation ASIC miner developed in partnership with @BITMAINtech. The U3S21EXPH will be the first ASIC miner mass-commercialized by BITMAIN to feature direct liquid-to-chip (DLC) cooling within a U form factor. Hut 8 plans to deploy the model in… pic.twitter.com/810M78NJ9o — Hut 8 (@Hut8Corp) September 19, 2024 This cooling method, common in high-performance computing in data centers, circulates a liquid coolant through channels that directly contact the hot components, such as CPUs and GPUs, maximizing energy efficiency while supporting higher rack densities. Hut 8 added that the new ASIC miner would be built mostly on components commonly used in data centers, including racks and cooling systems. This component overlap will be “driving the opportunity for greater supply chain synchronization across [BTC] mining and HPC data centers.” The miner intends to deploy the U3S21EXPH miners in the second quarter of 2025, with an initial hosting partnership that will handle 15 exahash per second (EH/s). This will allow Hut 8 to initially host the miners for Bitmain, with an option to purchase them at a fixed price. This reduces the capital requirements for the miner while allowing it to test the ASICs…
Filed under: News - @ September 25, 2024 3:28 am