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2020-03-23 16:08

The cryptocurrency markets may still be cooling off after a solid start to the year — but the Bitcoin mining industry is heating up. Mining giant Bitmain has announced its latest hardware in the battle to mine bitcoins more efficiently.

Competition is intensifying in the Bitcoin mining industry as hardware evolves to keep up with increasing difficulty — and Chinese mining giant Bitmain is about to shake things up with the launch of its latest ASIC model, the Antminer S19.

The new machine could rapidly render older models obsolete as the new hardware has unsurpassed energy efficiency.