BIT Mining introduces a new ASIC miner for DOGE and LTC mining
The device has improved performance and energy efficiency
02.05.2023 - 12:30
358
4 min
0
What’s new? On May 1, mining company BIT Mining announced the next generation of theLD4 device for Dogecoin (DOGE) and Litecoin (LTC) mining, developed by subsidiary brand Bee Computing. The LD4 has more power efficiency than the previous LD3 model and features built-in software to combat various vulnerabilities as well as hardware protection. In this, the company has not yet reported on the price and release dates of the new model in production.
Today we're announcing the next generation of #LTC & #DOGE #mining, developed by our subsidiary brand Bee Computing, the LD4. ⛏️👀This new model is noticeably more power efficient than the LD3 while also having the potential to reach 5GH/s.👏#Crypto #Blockchain #Technology 💻 pic.twitter.com/YPIEbmUkh4 — BIT Mining Limited (@BITMining_BTCM) May 1, 2023
BIT Mining is a technology company that specializes in cryptocurrency mining and the production of related equipment. It owns the blockchain browser BTC.com and a comprehensive mining pool that provides mining services for several digital currencies. The company”s shares are traded on the New York Stock Exchange (NYSE) under the ticker BTCM. As of May 2, the value per security is $2,55, down by 6,59% overnight, according to Investing.com.
What is known about the new model? LD4 is the third mining device the company has developed since acquiring hardware maker Bee Computing in 2022. The LD4 has a hashrate of 5000 MH/s and an energy efficiency of 0,71 W/MH. The LD4’s peak performance can reach 5 GH/s.
The device features improved safety and reliability, as well as improved heat dissipation, allowing it to operate at lower temperatures. This is designed to extend the life cycle of the miner.
Облачный майнинг в 2023 году жив? Сколько можно на нем заработать
Рассказываем о том, стоит ли заниматься облачным майнингом в 2023 году, можно ли на этом заработать и какие риски несет этот способ заработка
On April 28, payments company Block completed prototype development of a new 5nm ASIC chip for bitcoin mining. In addition, Block purchased a large shipment of mining chips from Intel, which announced it was winding down its production.
On April 18, the daily income of BTC miners reached a maximum of 10 months. During the previous 30 days, the figure averaged $27,34 million.
Useful material?
Telegram 
Twitter Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$88 165
BTC
-0.45%
-
Ethereum
$3 116.97
ETH
-0.99%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.386022
DOGE
+1.03%
-
Ripple
$0.822592
XRP
+20.59%
-
Cardano
$0.579458
ADA
+2.01%
-
Bitcoin Cash
$423.68
BCH
-1.89%
-
Polkadot
$4.9
DOT
-2.09%
-
Litecoin
$82.99
LTC
+11.57%
-
Stellar XLM
$0.136578
XLM
+11.63%