Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). The news from Microbt follows Bitmain’s announcement at the end of February, which saw the manufacturer reveal two miners with speeds between 95TH/s to 110TH/s.
Also read: Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
Microbt’s New Whatsminer Models Claim to Boast Highly Competitive Hashrates
Ever since the coronavirus swept the globe, there have been a lot fewer announcements within the cryptocurrency and blockchain industry. This week the China-based mining rig manufacturer Microbt has unveiled a new Whatsminer series machine that claims to process speeds up to 112TH/s. Microbt was founded in 2017 and the company has steadily become one of the leading mining rig producers worldwide. The company was launched by the current CEO Yang Zuoxing, a former employee of Bitmain. Ostensibly,…