MicroBT competes with Bitmain and rolls out 3 new Bitcoin miners ahead of halving

posted 8 months ago
Shenzhen-based MicroBT is rolling out three new Bitcoin miners amid heated competition with Bitmain ahead of the network's halving event in less than 30 days. Bitmain is scheduled to deliver the first batch of its latest AntMiner S19 and S19 Pro miners in May. Chen reemphasized MicroBT's rapid growth in 2019, having achieved sales of 600,000 units of its WhatsMiner M20 series.

The COO said 2019 sales volume had also doubled compared with 2018, boosting its sold computing power to 35 million terahashes per second (TH/s). That accounted for 35 percent of the bitcoin network's total hash rate as of the end of December.
Tags: blockchain, bitcoin, news