The Antminer s19 pro is an SHA-256 algorithm mining machine manufactured by Bitmain. This efficiency is because Bitmain uses 5 nanometre (nm) chips from TSMC in its latest design, while previous S19 models used 7nm. Mining industry sources the Luxor team has spoken to say that Bitmain has a production target of 20,000 Antminer S19 XPs per month. Bitmain's Antminer s19 XP will also feature 5 nanometre (5nm) chip technology and the semiconductors are sourced from Taiwan.
Riot is focused on building its mining operations with the highest performing mining hardware available, making the S19 Pro the clear choice for expansion. The new machine is advertised as 27% more powerful than the S19 Pro, the current flagship of the S19 series, while also being 27% more energy efficient. If the S19XP were available today, it would be the most profitable machine on the market by far, exceeding the revenue produced by the Antminer S19 Pro and Whatsminer M30S, the current profitability leaders, by more than 25%. The Antminer s19 pro houses the latest technology offered by Bitmain, achieving remarkable hash rates that serve to drive the company's growth and position.
At the announcement of the acquisition of the Greenidge S19 XP, Bitmain's NCSA region business development manager Irene Gao discussed the new S19s. The S19 XP leverages the SHA256 mining algorithm and has an off-the-wall power consumption of 3,010 watts. The S19 XP will not only use 27% less electricity per terahash, but also claims to provide 37% more power per kilowatt-hour (kWh). However, it appears that five bitcoin mining operations have been selected to be the first customers of Bitmain's S19 XP.
Looking at its specifications, the S19XP is a significant upgrade to the existing S19 series. Bitmain is manufacturing a limited edition of the Antminer S19 XP and is offsetting 100 per cent of the carbon footprint associated with the production and first year of operation of these miners by purchasing carbon offset credits. Assuming the manufacturer meets these targets, that would mean Bitmain could produce 280,000 S19 XPs by the end of next year. The journalist wrote that, compared to the current generation Antminer S19, the latest in the model series "has been greatly improved".
The new miner, the Antminer S19XP, was officially announced at the company's Digital Mining World Summit, held this week in Dubai.