Big news! BitDeer will launch the latest model 19th generation package globally tomorrow

BitDeer officially announced that it will launch the latest Antminer S19 series package for the first time on the entire network at 12:00 Beijing time on March 10. This is the first time that Bitmain’s new product has landed on BitDeer 13 days after the release of the new product, and it has become the world’s first mining platform to adopt this series of mining machines.

It is reported that the package uses the latest mining machine models S19 and S19 Pro released by Bitmain, which are equipped with the latest 7nm chips . Data shows that the computing power of this series of single machines is as high as 110TH/s , and the energy efficiency ratio can be as low as 29.5J/TH . It is the world's largest computing power model so far, with the strongest energy efficiency ratio and the lowest electricity cost. So far, the BitDeer 19th generation package will also become the most popular package product for cloud mining miners and the most ideal package product to welcome the halving market.

With the halving approaching, market expectations have been set in advance. The market is most sensitive to the two indicators of the increase in Bitcoin's total network computing power and the fluctuation of the currency price. From the perspective of computing power, the computing power has been rising day by day since 2019, and has repeatedly set new highs. As of March 3, Bitcoin's hash rate reached 136 EH/s, and the computing power once again set a record high, and this upward trend is still continuing. New miners are entering the market one after another, miners continue to invest funds, and the mining market sentiment is high.

On the other hand, from the perspective of price fluctuations, Bitcoin has been on an upward track in the past two months, but it has still experienced multiple pullbacks during this period, fluctuating between the two key pressure levels of $10,000 and $8,500. The large price fluctuations make the market difficult to predict and the investment timing difficult to grasp, which invisibly increases the investment risk of users entering the market before the halving.

After the halving, the block reward is halved, the mining difficulty increases, but the Bitcoin price does not rise as expected, or even falls, which is also the biggest risk that miners may face in the future. The 19th generation package that BitDeer is about to release can resist the risks of rising computing power and falling prices to the greatest extent, whether before or after the halving.

Mining professionals analyzed that after the halving, if the price of the currency does not rise as expected, the current mining machines on the market will be shut down on a large scale. By then, 40% of the S9 mining machine models will most likely be eliminated. However, new models with high computing power will not be greatly affected.

BitDeer said that if mining machine manufacturers do not develop machines with a power consumption ratio lower than 29.5J/T, the 19th generation models can continue to mine and will never be eliminated. In other words, the S19 series is the last model to be eliminated in the market . It is understood that the shutdown price of this model package can be as low as US$4,100.

In addition, for miners, the economic life of the mining machine determines the value of mining, and the economic life is closely related to the electricity expenditure and mining expenditure of the mining machine. Once the electricity expenditure exceeds the mining output, it means the end of the economic life of the mining machine.

In terms of this indicator, due to the low power consumption and low electricity cost of the S19 series, after the halving, this model will also be the model with the most advantageous electricity cost ratio on the market. According to calculations, assuming that the coin price after the halving is $8,700, the electricity cost ratio of this model will only account for 44.91%. This also means that the 19th generation new model has greatly extended its economic life, which is unattainable for previous old models.

Compared with spot trading, mining is still a relatively low-risk option for investing in Bitcoin, and cloud mining is the preferred method with the lowest threshold and the lowest risk. BitDeer, as the leading service platform in the cloud mining industry, is the world's first and only platform that can cut the computing power of mining machines to a minimum of 1T . As long as users place an order on BitDeer, they will start to receive mining income in 10 minutes . At present, the number of monthly visitors to BitDeer has exceeded 2.5 million.

From the perspective of cloud mining products, there is no doubt that the 19th generation package launched by BitDeer will be the most risk-resistant mining product in the cloud mining market, and the best choice for miners to cope with the halving market.

BitDeer official website: https://www.bitdeer.com/zh/