Bitmain’s new water-cooled cryptocurrecy miner is obvs ‘inspired’ by YouTube

Aug23

by Sindy Cator on August 23, 2018 at 3:41 pm

Posted In: Around the Web, cryptocurrency, Hard Fork

Bitmain, the Chinese megafirm responsible for the industrialization of cryptocurrency mining, has released a new water-cooled mining rig that seemingly borrows concepts from the DIY community it stifles. The Antminer S9 has become the gold-standard in cryptocurrency mining. It’s the preferred hardware of the biggest cryptocurrency mining farms in the world. Marathon, a NASDAQ-listed company, runs 1,400 Antminer S9s in its facility. Another operation maintained by Global Bit Ventures has 2,300. Well, the new mining chip is really just an Antminer S9 with a water-cooling system strapped to it. It is capable of mining any cryptocurrency that utilizes the SHA-256…