What is Bitcoin?
Bitcoin is the first decentralized digital currency that allows peer-to-peer transfers without intermediaries such as banks, governments, agents or brokers, using the underlying technology in blockchain. Anyone around the world on the network can transfer Bitcoins to another person on the network, regardless of geographic location; you just need to open an account on the Bitcoin network and have some Bitcoins in it and then you can transfer those Bitcoins. How do you get Bitcoins in your account? You can buy or extract them online.
Bitcoin can be used for online purchases or as an investment vehicle. It is mainly used to buy goods and services.
Bitcoin Benefits
Compared to traditional fiat currencies, assets can be transferred faster on the bitcoin network. The system also has lower transaction costs because it is decentralized and there are no middlemen and it is cryptographically secure: sender and recipient identities are kept hidden and transactions cannot be falsified or hacked. In addition, all the information is available in a government finance book, so that everyone can see the transactions.
What is Bitcoin mining?
Bitcoin mining is the process of digitally validating Bitcoin transactions on the Bitcoin network and adding them to the blockchain ledger. This is done by solving complex cryptographic hash puzzles to verify updated transaction blocks on the blockchain's decentralized ledger. Solving these puzzles requires powerful computing power and advanced equipment. In exchange, miners are rewarded with Bitcoin, which is then put into circulation, hence the name Bitcoin mining.
As one of the leading mining hardware manufacturers in the industry, MicroBT launched its next-generation WhatsMiner M50 series at the Bitcoin 2022 event in Miami, USA on April 6.
Unlike other mining hardware manufacturers in the industry, MicroBT focuses on fully custom chip design and only provides Bitcoin mining hardware. Mining experts see this as a wise decision to avoid resource misallocation, and mining industry leaders see it as allegiance to Bitcoin.
This time, MicroBT has published the detailed details of its highly efficient and fifth generation mining hardware for air cooling and hydro cooling, namely WhatsMiner M50S, M50 and M53. According to the company, the WhatsMiner M50s is an ultra-low-voltage, energy-efficient, air-cooled Bitcoin mining hardware powered by a 5nm processor from semiconductor manufacturer Samsung with up to 15% greater efficiency than its last generation:
The new WhatsMiner M50S has a computing power of 126 Terahash/Second (TH/s) at 26 Joules per second. Terahash (J/TH) energy efficiency and operates at 3276 watts (W);
Its power efficiency is 15% higher than the previous innovative miner M30S++;
Another low power air cooling hardware called WhatsMiner M50 is also manufactured in 5nm process and became the upgraded version of M30S++:
The new WhatsMiner M50s has a computing power of 114 TH/s with a power efficiency of 29 J/TH and runs at 3306 W. Its energy efficiency exceeds the previous M30S++ by 6% and the light by 1 kg;
The company has introduced the next generation of hydro-cooling mining hardware called WhatsMiner M53, which has a computing power of 240 TH/s with a power efficiency of 29 J/TH.
The WhatsMiner M50 series features the most advanced thermal architecture ever seen in the WhatsMiner series, allowing the system to run at higher power for longer periods of time, meaning MicroBT has found a way to hang on. MicroBT has also announced that the M50 series will be available for shipping starting in the third quarter of 2022, and orders can be submitted through the newly designed website https://microbt.tech/.
For more information visit
WhatsMiner website: www.https://microbt.tech/
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