Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real

Over the past 3 years, bitcoin mining cogwheel has evolved dramatically—from machines cranking retired monolithic terahash to wide disposable rigs boasting efficiencies nether 20 joules per terahash (J/TH). At the World Digital Mining Summit past month, Bitmain pulled backmost the curtain connected a instrumentality delivering implicit a petahash per 2nd (PH/s) with an vigor usage […]