Compass Mining reminds Bitcoin miners of changes in ASIC design of BitContinent

It is reported that Compass Mining, a Bitcoin mining company, has published a blog article entitled “Bitland changes its ASIC design”. Miners need to be prepared “, highlighting the changes in the ASIC design of BitContinent. Compass believes that operators of Bitcoin mining facilities should be aware of these changes, which may cause problems. For example, the company identified three problems with Antminer S19, which generated 90 THs per second, while S19 XP provided 140 THs.

Interpretation of this information:

The recent blog article published by Compass Mining, a Bitcoin mining company, titled “Bitland changes its ASIC design” has caused quite a stir in the industry. The article brings to light some significant changes in the ASIC design of BitContinent, which could potentially cause problems for Bitcoin mining operators. Compass has identified three main issues related to Antminer S19, which generated 90 THs per second, while S19 XP provided 140 THs.

The first potential problem associated with the new ASIC design is a change in power requirement. According to Compass Mining, the new BitContinent ASIC design is more power-hungry, which means that Bitcoin mining operators will need to upgrade their power infrastructure. This could result in significant costs and delays for those who are not prepared.

The second issue is that the new ASIC design produces more heat than the older version. This increased heat output could put a strain on cooling systems, leading to a higher risk of equipment failure. Bitcoin mining operators need to be aware of this issue and ensure that their cooling systems are adequate to handle the increased heat.

Finally, the third issue raised by Compass Mining pertains to the potential decrease in profitability. The blog article states that the new BitContinent ASIC design may not be as profitable as the older model due to the increased power consumption and heat output. This may mean that Bitcoin mining operators who have already purchased the new ASIC design may experience a decline in revenue.

In summary, the message from Compass Mining is clear: Bitcoin mining operators need to be prepared for the changes in ASIC design from BitContinent. These changes could potentially lead to increased costs, equipment failure, and decreased profitability. The three main issues raised by Compass Mining in their blog article are power requirement, heat output, and profitability.