‘Hard Fork Go Brrrrrrrr’ โ Monero Mining Machine Launch by Bitmain Creates a Stir
Bitmain is preparing to launch its latest XMR mining rig, the Antminer X5, and is inviting its social media followers to speculate on its price. Individuals who estimate the price within 5% of the actual value will have a chance to receive a $1,000 Bitmain coupon. The machine’s specifications include a hashrate of 212 KH/s, power consumption of 1,350 watts, and an efficiency rating of 6.37 joules per kilohash. The X5 will be available for sale on September 4, with shipping planned for September 10.
Key Points:
- Bitmain is launching the Antminer X5, its latest XMR mining rig.
- Followers can speculate on the price for a chance to win Bitmain coupons.
- The machine has a hashrate of 212 KH/s and consumes 1,350 watts.
- Sales begin on September 4, with shipping scheduled for September 10.
- Monero’s total network hashrate is currently around 2.06 million KH/s.
The introduction of the Antminer X5 has sparked conversations within the XMR community, as the cryptocurrency has a history of forking to counter ASIC development. Some Reddit users suspect that XMR ASICs have been in existence since December 2021. While many are optimistic about the community’s potential to resist ASIC development through forking, others remain uncertain. Achieving complete ASIC resistance is challenging, as ASIC manufacturers continuously develop new models. Some cryptocurrency projects have accepted the presence of ASICs in their networks.
Hot Take:
The launch of Bitmain’s Antminer X5 mining rig has caused excitement and debate within the XMR community. While some believe forking is the solution to resist ASIC development, others acknowledge the challenges and uncertainties in achieving complete ASIC resistance. The future of Monero mining remains a topic of discussion.
Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.
