March 15, Chinese manufacturer mining equipment Bitmain Antminer X3 introduced a new ASIC miner designed to mine cryptocurrency on the basis of the PoW algorithm CryptoNight. In particular, Monero.
We are pleased to announce the all-new X3 Antminer to mine cryptocurrencies based on the CryptoNight hashing algorithm.
Two batches: shipping in June (https://t.co/VeidZrreK2) and shipping in May (https://t.co/RKtJe6Rm8D)
To prevent hoarding and to enable…. (1/2) pic.twitter.com/PBKdXrwg9b
— BITMAIN (@BITMAINtech) 15 Mar 2018
Hash power ASIC chip will be 220 kH/s. Delivery will be organized in two stages: the first batch will be released in may and the second a month later. Price of the device from the first batch will be $11 999, second – $7 599.
Existing customers new equipment is offered at a discount. However, critics argue that the reason for this is the fact that in a short time, these miners will be useless from the point of view of production XRP.
Immediately after the publication of the message Bitmain main developer Monero Ricardo’s Spanie (Riccardo Spagni) stated that Antminer X3 will not work in the network after the upcoming Monero hard forks.
Just a reminder that this WILL NOT work on Monero https://t.co/rhy6k2I4Yh
— Riccardo Spagni (@fluffypony) March 15, 2018
In the comments of Spanyi explained that the developers change the algorithm every 6 months. These updates are designed to prevent the possibility of centralization of control over hasraton.
It is worth noting that in addition to Monero, X3 Antminer is also suitable for mining Bytecoin, Digitalnote, Darknetcoin and several other cryptocurrencies.
Recall that currently also working on Bitmain ASIC miner for Ethereum. And earlier this month the company has opened the official service center in Russia.