ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig 

1 year ago

Bitmain, the mining rig manufacturer, has announced the motorboat of a caller rig that mines the integer currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the caller FIL miner carries a hefty terms tag of $38,888 per machine.

Bitmain Introduces On-Rack Filecoin Miner

Bitmain announced Thursday that it volition statesman selling a recently manufactured Filecoin (FIL) mining rig. Filecoin, a decentralized, blockchain-based retention network, was launched by Protocol Labs successful 2017. Its mining algorithm, known arsenic proof-of-replication and proof-of-spacetime, was primitively designed to defy application-specific integrated circuits (ASICs) successful an effort to promote decentralization. Despite this, Bitmain and different manufacturers person developed ASICs specifically for mining FIL and besides connection FIL unreality mining contracts.

ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig

In the announcement connected Thursday, Bitmain stated that the on-rack filecoin miner volition beryllium sold passim the time connected Friday for $38,888 per unit. Bitmain elaborate that the instrumentality offers 4,300T per portion and claims miners volition statesman earning immediately. While $38,888 is simply a precocious terms for Bitmain ASIC rigs, it’s not the astir expensive.

The institution antecedently sold a KAS Miner KS3 with a hashrate of 8,300G for $49,800, though the instrumentality is presently sold out. Prior to the instauration of unreality mining services by firms specified arsenic Bitdeer and 1475, and Bitmain’s caller miner, a token was launched successful 2021 known arsenic the filecoin modular hashrate token (FILST).

According to details from coinmarketcap.com, the coin is reportedly anchored by 1 GB of FIL afloat retention arithmetic. FIL, the blockchain’s autochthonal crypto asset, is the 31st largest integer currency by marketplace capitalization, and its worth has risen 18% against the U.S. dollar successful the past 30 days. However, its existent terms is 98% little than its all-time precocious of $236 per unit, recorded connected April 1, 2021. Over the past day, the terms of FIL has ranged from $4.25 to $4.56 per coin.

What bash you deliberation astir the latest Bitmain filecoin miner? Share your thoughts and opinions astir this taxable successful the comments conception below.

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