TSX : HUT), has| TSX: HUT), a leading Bitcoin mining company, has expanded BITMAIN, the largest Bitcoin-mining server manufacturer in the world, has launched the U3S21EXPH. next-generation ASIC miner. This will be the world’s first mass-marketed miner that features direct liquid to chip (DLC) in a form factor U.
Hut 8 intends to launch the new miner by the second half of 2025. An initial hosting arrangement will handle approximately 15 exahash/second (EH/s). Hut 8’s custom-built infrastructure for data centers, which it developed internally, is key to this hosting deployment. It will help the company expand its computing capacity across Bitcoin mining as well AI compute sectors.
“Our partnership with BITMAIN has allowed us to advance our thinking on ASIC compute and create a more scalable model for data center design as we expand our footprint,” Asher Genoot CEO of Hut 8 said. “The U3S21EXPH will be the first miner from BITMAIN broadly commercialized with DLC cooling within a U form factor, making it rack-ready like traditional data center hardware. This innovation bridges critical engineering gaps between Bitcoin mining and AI data center infrastructure in both form factor and cooling technology, and we believe this convergence will enable us to unlock significant synergies and flexibility going forward.”
U3S21EXPH has an energy efficiency of up to 13 joules/terahash and can produce 860 Terahashes. This technology is used to increase the energy efficiency and scale of Bitcoin mining.
“Asher and Mike have been invaluable thought partners to BITMAIN since the early days of US Bitcoin Corp, where they demonstrated a unique focus on cost-efficient procurement and operations,” Irene Gao Vice President, Mining at BITMAIN. “Hut 8’s technical expertise, operating strength, and track record of innovation made this partnership a natural evolution of our relationship as we began the journey of developing next-generation ASIC technology.”
Hut 8 has agreed to pay BITMAIN a set hosting fee, and to have the option of purchasing hosted machines up to 3 times. Hut 8 can assess the market before investing further, minimising risk. financial risk. Hut 8’s self-mining capability could increase from 5.6 EH/s up to 20.6 EH/s if it exercises the purchase option.
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Source: bitcoinmagazine.com