Topic: Bitmain take a new order of mining chips (Read 346 times)

Bitmain had hashnest.  now bitmain has bitdeer.

My guess is bitmain is the master set  bitdeer is a subset and mayb hash nest is also a subset.

Bitmain has made good money with both companies.  They certainly could be  feeding the hashrate at bitdeer.

Interesting theory. I wonder if the math adds up? @Phillip is this possible?

Given all the products that Bitdeer is offering, could the new chip orders be actually linked to this?

If so, then I think this would be the first time a company is seriously putting a lot of effort into manufacturing their hashes just to offer it through cloudmining services.

And speaking of which, is Bitdeer a subsidy of Bitmain or partnership? The first time I saw them was when they were advertising it on their main shopping cart page back when D3's were hot.

Don't forget about BitDeer. They could be adding all these chips to their arsenal only to expand their customer base through Bitdeer.
For months now most of the stock at Bitdeer is empty and support says that they would be restocking very soon.
And I think this could be that 'very soon' which they were talking about.

Nice research looks accurate.

I think this was being looked at all wrong. Pretty sure this is supposed to be a direct injection into their network hashrate. I followed a few useless links to the same story until I found Bitmains Blog where they disclose their hashrate. I had no idea this existed, but assume with their regulations it must be fairly accurate.

So to me this 600 000 chips means they are trying to add ~183PH to their arsenal, currently ~367PH. I think that's around 3660 S17pro @ 50TH. With 144 chips/miner they could manufacture 4166 complete s17's if the order size is to be believed. Some could be set aside for defects and offspec units, not sure what the failure rate is.

It was also pointed out above that the order is split. Some of the chips are 16nm, meaning S9 variation perfect for their excellent power rates.

Notice how each of these articles is tied to the valuation they are hoping for. Pretty sure this is them bolstering 2 positions. First they want to look strong and heavily invested in themselves the network and the future. They are looking at an IPO after all, and they have an image to repair. Next I think they are trying to grab as many coins as possible for themselves again before the halving. They can get ahead of the Diff jumps if they take an entire order of chips just for themselves. Not hard considering they've sold out for months to come.

Hmm there is an error. But 600000k chips seems wrong. As it is small order.

If they truly have built a 50t chip and ordered 600000 made it would be 30eh of hash.


So all we really know is


37% increase in bitmain’s hash
50t per chip per unit.

600000 chips ordered.


Let’s ask question one. If my s17 pro can do 35-40 watts a. Th

And no one else does 45 watts a th  why do I need a better chip.

The answer is I don’t so it is the s17 pro chip

50t matches the pro as there is a 50t option.


So if it is the 50t pro chip

And if 37% hash jump is true.

Then the 600000k number is the error.

If you think about it a chip is pretty cheap say 10 bucks or less.

So it would only be an order worth of 6,000,000 usd certainty not a big deal.

My guess is it is enough chips to build 600000 s17 units.

That would be about 600000 x 3000 = 1,800,000,000 in s17 sales if the s17 sells at 3000

That article doesn't make much sense. The 50TH must refer to the the hashrate of the end product and not the single chip. Maybe they mean they placed an order for enough chips to make 600,000 miners? If they were all s17s that would be 37% of the current network hashrate.

This article about the same thing states that only some of the order are the new 7nm chips.

https://bitcoinist.com/bitmain-to-increase-hashrate-by-50-with-600000-new-mining-chips/

But it also implies that a single chip does 50TH.

But the information in the article, as given, in no way indicates why that should be the case.

 At the moment many manufacturers are present on the market with new devices.  Maybe they want to get future buyers to wait for this version.

That's only about 4000 miners, for about what, a quarter percent of the network? 600,000 chips is only gonna be max 100 wafers. This isn't really that big an order.

Unless they're implying that it's a new chip and each chip will hit 50TH? Which would be an increase in performance by over three orders of magnitude over best existing tech, which means it's either a freakin' enormous die that'll be impossible to power efficiently and impossible to keep cool without exotic immersion or someone's very confused.

Bitmain take a new order of mining chips
Waiting for a new generation

https://cointelegraph.com/news/bitmain-valuation-to-hit-12b-with-new-600k-chip-order-source-says