At the start of this unusual and sometimes difficult year, the cryptocurrency world reminded me of cryptocurrency mining and that it’s now over. But the fear was quickly dispelled when the large Nasdaq-listed companies expressed a clear interest in mining Bitcoin (BTC) to generate additional revenue.
It has been said more than once that the sharp increase in production this year is directly related to a significant increase in cryptocurrency prices. In the summer Bitcoin can be bought for just over $ 10,000; Now it costs twice that. Altcoins are also not far behind. Ether was priced at $ 650 this month, and Litecoin (LTC) recently increased to $ 117, although the latter can be bought for as little as $ 41.
With price analysts expecting the market’s upward trend to continue into 2021, demand for high-end hardware offerings is likely to be high. So here are some of the more exciting hardware products miners expect to see on store shelves in 2021.
On solid ground
When it comes to Bitcoin mining, ASIC miners are the most important hardware choice. Application Integrated Circuit (ASIC) is a ready-made device that is easy to configure and program. As you expand Ether and Ethereum based tokens, things get interesting because they require bundling hardware consisting of motherboards, GPUs, and some other components.
So what has been used this year and what have the world’s miners spent the most money on? Recently, Riot Blockchain acquired 15,000 different types of Antminer 19 series, which will be delivered in 2021. Nathaniel Justin Yu, head of Bitmain’s global marketing group, confirmed to Cointelegraph that Antminer 19 series models released in May 2020 are in great demand . Among Bitcoin miners:
We are seeing an increased demand for mining, especially for Antminer 19 series models (Antminer S19 Pro, S19 and T19). This year, the 19 Series demonstrated industry-leading performance in the market as it featured the next generation of specially designed integrated circuits with an efficiency of 23 J / TH. Our Antminer products were purchased before July 2021. ”
For those who decide to start mining on their own, this year’s list of the most in-demand mining equipment naturally begins with video cards. Two veteran competitors unveiled their latest lines this year: Nvidia with the premium GeForce RTX 3000 graphics card in September, followed by AMD’s Radeon RX 6800.
Miners still disagree about which of these cards is better, but the main question is when these cards will become available to everyone, since demand greatly exceeds supply. While the Nvidia GeForce RTX 2080 Ti and AMD Radeon RX580 remain top-notch, interest in new offerings in 2021 is likely to wane.
Next year, Bitmain will continue to delight users with its Series 19 ASIC. According to the manufacturer, new solutions will be presented that will increase mining efficiency.
Another Chinese manufacturer, Canaan Creative, unveiled the new AvalonMiner 1246 mining machine in September, which was said to have 30% better efficiency than the previous model. According to the manufacturer, the AvalonMiner 1246 can hit 90 rounds per second, while the A11 series handles an average of 60-68 Th / s.
Miner will be available from January. Although this model is worse than the Antminer 19, it costs a little less. At around $ 3,000, it is still worth noting for those looking to break Bitcoin.
New graphics cards
While Nvidia was having trouble launching its flagship GeForce RTX 3060 Ti, AMD is already working on the next generation, right after the 6000 series was introduced. The company announced the launch of the next series with its new 3 RDNA architecture in late 2021. According to the manufacturer, the previous GPU will outperform the previous one by 50% and will require less power and cooling to run.
But Nvidia has yet to be written off. Despite some delays with the release of GeForce RTX 3000 cards, the company may prepare to reveal new products during a scheduled event on January 12, 2021. The manufacturer is supposed to introduce Ti and Super modifications, which should satisfy miners. However, the line will be expanded with cards of different price categories, and this will give users more options when pooling mining operations.
If GPUs are the preferred mining method, a good motherboard is absolutely essential. The main advantage in this case is the number of slots through which you can install video cards.