Antminer S9 Miners Generate 23% of BTC Hashrate
Main page News, Bitcoin, Mining

A new research carried out by Coin Metrics suggests 23% of the total hashrate of the largest crypto by market cap is generated by Bitmain's Antminer S9 devices, The Block reports.

However, it is worth noting this figure is significantly lower than that recorded back in 2018, when S9 Antminers generated 78% of the hashrate of the Bitcoin network as it was the most popular device at the time. The difference between 2018 and current data is related to the increase of the network share of other devices in the market.

Cryptocurrency miners use ASIC devices such as the Antminers S9 to extract blocks in the Bitcoin network and receive a reward for it. BTC's network will have a new halving next week that will reduce the reward per block from the current 12.5 Bitcoins to 6.25 Bitcoins. As a result, a large number of crypto miners have been upgrading their devices in order to keep the activity profitable.

iHodl reported in February that Bitmain had revealed the technical specifications of its new Antminer S19 and S19 Pro. According to Bitmain, the Antminer S19 will be able to generate a hash power of 95 TH/s (90 TH/s in its second version), while its energy efficiency will reach 34.5±%5 J/TH. On the other hand, the Antminer S19 Pro will be able to reach a hash power of up to 110 TH/s or 105 TH/s, while its energy efficiency will be 29.5±%5 J/TH.

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