Litecoin

Circuit

Generation

Dogecoin

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noreferrer noopener" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div> 
<p class="has-drop-cap">Bit Mining Limited, a crypto mining company developing machines that excel in mining on Litecoin and Dogecoin networks, <a href="https://www.prnewswire.com/news-releases/bit-mining-limited-announces-the-next-generation-of-litecoindogecoin-mining-ld4-301811687.html" target="_blank" aria-label="launched a new version (opens in a new tab)" rel="noreferrer noopener nofollow" class="deco-link">launched a new version</a> of its LD series machines. According to the press release, the LD4 is superior to LD3 in multiple areas, including energy efficiency, maximum hashrate, and cost-effectiveness.</p> 
<h3 id="what-are-the-upgrades-in-the-ld4">What are the Upgrades in the LD4?</h3> 
<p>On Monday, Hong Kong-based crypto mining firm BIT Mining Limited announced the rollout of LD4 – the latest generation of its Dogecoin and Litecoin mining machine. This is the third <a aria-label="Application-Specific Integrated Circuit (opens in a new tab)" href="https://www.businessinsider.com/personal-finance/asic-mining" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">Application-Specific Integrated Circuit</a> (ASIC) mining machine BTCM developed since it acquired the mining hardware maker Bee Computing in 2022.</p> 
<p>BTCM’s LD series miners are explicitly designed to offer maximum hashrate and energy efficiency for mining on the Litecoin and Dogecoin blockchains, the company said in the press release. The new series has a power efficiency of 0.71 W/MH, a notable gain compared to 0.73 W/MH offered by its predecessor, LD3. Similarly, the LD4 has a peak output of 5GH/s, up from LD3’s 4.8 GH/s.</p> 
<blockquote class="wp-block-quote"> 
 <p>“This breakthrough in mining efficiency makes LD4 the best machine available on the market for both Litecoin and Dogecoin. LD4’s reliable design features excellent heat dissipation, which enables its computing chip to frequently work at lower temperatures during long-term, consistent operations, and in turn extends LD4’s lifecycle.”</p> <cite>– BIT Mining Limited wrote in the press release on Monday. </cite>
</blockquote> 
<p>In addition, the LD4 uses an aluminum Printed Circuit Board (PCB) and a single airflow channel mining machine design. The aluminum construction allows for better thermal conductivity and makes it easier to maintain optimal operating temperatures, BTCM claims.</p> 
<div class="cta-referral"> 
 <img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async"> 
 <div class="cta-referral__text"> 
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noreferrer noopener nofollow">Telegram group</a>&nbsp;and never miss a breaking digital asset story.</p> 
 </div> 
</div> 
<h3 id="crypto-mining-market-bouncing-back">Crypto Mining Market Bouncing Back</h3> 
<p>BTCM’s launch of a next-gen mining machine comes amid a rebound in a market battered last year as cryptocurrencies plummeted to multi-year lows amid the so-called “<a href="https://tokenist.com/over-12000-cryptocurrencies-have-one-month-of-no-trading-volume-in-2022/" rel="dofollow" class="deco-link">crypto winter</a>.”</p> 
<p>The price recovery of Bitcoin and other cryptocurrencies this year gave a much-needed confidence boost to crypto mining firms after many of their peers failed to survive the 2022 downturn. Earlier this year, Bitdeer, a mining company founded by crypto entrepreneur Jihan Wu, announced plans to go public in a deal with a more than $1 billion valuation.</p> 
<p>Following a recent Bitcoin difficulty adjustment, the estimated number of hashes required to mine a block on the world’s biggest blockchain surged to 209 zettahashes, <a aria-label="according to Glassnode (opens in a new tab)" href="https://twitter.com/glassnode/status/1651904069013762051?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1651904069013762051%7Ctwgr%5E3c9cbd006eba434027d80052fdca52f8a8500b5e%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoingape.com%2Fbitcoin-mining-difficulty-soars-as-hashrate-surges-to-new-ath%2F" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">according to Glassnode</a>. The mining difficulty is a closely followed metric that indicates the Bitcoin network’s health.</p> 
<div class="cta-sub js__cta-sub"> 
 <div class="cta-sub__start" data-step="1"> 
  <div class="cta-sub__title">
   <strong>Finance is changing.</strong>
  </div> 
  <div class="cta-sub__subtitle">
   Learn how, with Five Minute Finance.
  </div> 
  <div class="cta-sub__excerpt">
   A weekly newsletter that covers the big trends in FinTech and Decentralized Finance.
  </div> <button type="button" class="btn">Try it out (for free)</button> 
 </div> 
 <div class="cta-sub__form" data-step="2" style="display: none;"> 
  <script type="text/javascript" src="https://app.getresponse.com/view_webform_v2.js?u=QcLhh&amp;webforms_id=zw3Wv"></script> 
 </div> 
 <div class="cta-sub__result" data-step="3" style="display: none;"> 
  <div class="cta-sub__title">
   Awesome
  </div> 
  <div class="cta-sub__caption">
   You’ve subscribed.
  </div> 
  <div class="cta-sub__greeting">
   You’re well on your way to being in the know.
  </div> 
 </div> 
</div> 
<p><em><strong>Do you think the crypto mining market will ever recover its 2021 highs? Let us know in the comments below.</strong></em></p> 
<p>The post <a rel="nofollow" href="https://tokenist.com/bit-mining-launches-new-generation-of-litecoin-dogecoin-rigs/">Bit Mining Launches New Generation of Litecoin/Dogecoin Rigs</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Bit Mining Launches New Generation of Litecoin/Dogecoin Rigs

Table of Contents

TokenInsight

Outros artigos publicados em 1 de mai. de 2023

Art Broker Sotheby’s Introduces Its Curated P2P NFT Marketplace

MicroStrategy’s Impairment on BTC Investment Fell by $178M in Q1

Dragonfly-backed Finblox ($FBX) unveils FinLaunch - the World’s First Web3 Mobile app Launchpad!

Bitfarms Bitcoin production declined 10% in April despite hashrate growth

PEPE token sees 303% weekly growth, becomes top 100 cryptocurrency

Ethereum Faces Fierce Competition from Scalable Blockchains

Join our free newsletter for daily crypto updates!