“Stay Ahead of the Game: Compass Mining Keeps Bitcoin Miners Informed of Bitmain’s ASIC Design Updates”
Mining explained that the changes made by Bitmain could potentially affect the performance of the mining rigs. He stated, “We’ve identified three issues with the new design, including a potential decrease in hashrate, increased power consumption, and a higher failure rate.”
Foxley also advised miners to be cautious when purchasing new mining equipment and to thoroughly research any changes made to the design. He added, “It’s important for miners to stay informed and up-to-date on any changes in the industry, especially when it comes to the design of mining rigs.”
Bitmain has not yet responded to Compass Mining’s blog post. However, the company has been known to make changes to its ASIC designs in the past. In 2018, Bitmain released the Antminer S9i, which was an updated version of the popular Antminer S9.
Bitcoin mining is a competitive industry, and any changes to the design of mining rigs can have a significant impact on a miner’s profitability. As such, it is important for miners to stay informed and to carefully consider any changes made to the design of mining equipment.
Compass Mining is a bitcoin mining company that offers hosting services and equipment sales to miners. The company was founded in 2021 and is based in Wyoming, USA.