Cryptocurrency mining big Bitmain has launched a brand new miner for the privacy-oriented cryptocurrency zcash, which it claims, has thrice extra hashing energy than its predecessor.
Saying the news on Tuesday, Bitmain says the brand new ASIC (application-specific built-in circuit), referred to as the Antminer Z11, is designed to mine cryptocurrencies which might be based mostly on the Equihash algorithm, comparable to zcash.
The corporate provides the brand new product affords a hashing energy of 135Ok sol/s (options per second), which is “thrice extra highly effective” than its earlier Equihash miner, the Antminer Z9, which was launched in final Could. Sol/s is usually equivalent to h/s (hashes per second), which is the variety of hash computations created per second in cryptocurrency mining.
Bitmain additional claims that the Antminer Z11, adopting a 12-nanometer chip, is extra energy-efficient because of the new inside circuit construction, which might save 60 p.c of electrical energy price in comparison with that of Z9.
Bitmain first launched Antminer Z9 at a time when the zcash group was having an ongoing debate on whether or not the community ought to be altered to grow to be ASIC-resistant, which means the community would forestall the participation of miners utilizing ASICs, that are typically extra highly effective than peculiar Graphic Processing Items.
Nonetheless, in June final yr, members of the zcash group on the Zcon0 convention voted to not prioritize analysis efforts on altering the zcash community’s guidelines with a view to make it ASIC-resistant.
Simply final month, Bitmain additionally launched a brand new 7-nanometer mining processor, referred to as the BM1397, which is designed for proof-of-work cryptocurrencies based mostly on the SHA256 algorithm, comparable to bitcoin and bitcoin money.
Zcash picture by way of Shutterstock; Antminer Z11 picture courtesy of Bitmain