Bitmain has launched the Antminer S23 Hydro collection, that includes a efficiency of 580 terahash per second (TH/s) and an influence consumption of 5,510 watts, making it the “most effective” mining rig accessible.
Declining Demand for Mining Rigs
Bitcoin mining rig maker Bitmain unveiled the brand new Antminer S23 Hydro collection, which reportedly boasts 580 terahash per second (TH/s) with an influence consumption of 5,510 watts. This efficiency, equating to an effectivity price of 9.5 joules per terahash (J/TH), makes the Antminer the “most effective” mining rig in the marketplace.
In response to theminermag.com’s newest report, the brand new rig is very suited to bitcoin miners trying to maximize output whereas preserving operational prices in verify. It was launched on the World Digital Mining Summit (WDMS) 2025, an occasion the place Irene Gao, president of mining at Bitmain, mentioned her firm’s technique for coping with the drop in demand for mining rigs.
As highlighted within the evaluation, Bitmain is providing versatile fee phrases, together with an choice to pay in three installments beginning with 40% of the sale worth, adopted by two equal funds. Consumers have the choice to pledge bitcoin ( BTC) for as much as six months to safe the mining rigs.
Following the newest BTC halving on April 20, 2024, which lowered the block reward from 6.25 BTC to three.125 BTC, bitcoin miners have seen their revenues dwindle. This has left mining corporations with the choice to both improve to extra energy-efficient machines or search cheaper vitality. Mining corporations failing to realize both may very well be pressured to close down operations.
In the meantime, the report asserts that ASIC {hardware} patrons now maintain extra bargaining energy, as seen in latest offers. It mentioned corporations like Cleanspark, Hut 8, and HIVE secured favorable phrases from Bitmain, profiting from decrease demand and producers’ want to take care of gross sales regardless of tightening margins.
Bitmain in the meantime expects to make the primary shipments of the most recent Antminer S23 Hydro within the first quarter of 2026, with early patrons anticipated to get reductions.
