Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies

Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies

Bitmain recently announced that the firm is about to offer its customers with few Wi-Fi routers. These routers will have the ability to mint digital coins while linking customers to the Internet.

Canaan is the second major mining-equipment manufacturer in the world. The company revealed that it is planning to sell a TV set that can double as a cryptocurrency mining rig.

Bitmain announced its recent offer in the latest marketplace for home mining appliances.

Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies
Bitmain To Offer Wi-Fi Routers Mining Cryptocurrencies

Industry experts are expecting that crypto enthusiasts and nonprofessional miners will welcome the latest product.

Bitmain’s latest devices called Antrouter R3-SIA and Antrouter R3-DASH are intended to mint dash (DASH) and siacoin (SC).

The routers with twofold functions are the most recent models from the R3 series of Bitmain’s products.

These routers are available for the purchase of cryptocurrencies such as Litecoin (LTC), bitcoin core (BTC), and bitcoin cash (BCH).

The initial batch of these routers can be at an exceptional price of about USD $58.

On a similar note, Bitmain recently announced that the company is rolling out its latest blockchain data center with a mining facility in Texas.

The firm announced that the recent Milam County blockchain data center along with the cryptocurrency mining services signifies an important part of Bitmain’s tactical expansion and investment strategies in North America.

Bitmain proclaimed that the recent services in the city of Rockdale, approximately 50 Miles northeast of Texas’ capital. The recent facility will engage a part of the earlier Alcoa Rockdale operations site.

It will include aluminum smelting services as well as a lately retired coal-burning power plant.

Alcoa Inc. is the sixth biggest aluminum producer in the world. Earlier, Dave Barkemeyer, Milam County Judge, stated in Temple Daily Telegram that Bitmain is in the process to move its project into the county.

Bitmain, a Chinese manufacturer of cryptocurrency mining hardware, has announced that it will be offering two Wi-Fi routers that can also mine cryptocurrencies.

The devices, Antrouter R3-DASH and Antrouter R3-SIA, to mint dash (DASH) and siacoin (SC), respectively.

The routers with ASIC chips can mine cryptocurrencies at a rate of up to 350 MH/s for DASH and 250 MH/s for SC.

 

They also have a built-in web interface that allows users to monitor their mining activity and manage their settings.

The routers are currently available for purchase on Bitmain’s website for $58 each.

However, the company has said that the price will increase to $68 after the first batch of routers is sold out.

It is important to note that the profitability of mining cryptocurrencies with these routers will depend on a number of factors,

including the price of the cryptocurrency, the difficulty of mining, and the cost of electricity.

However, for users who are already interested in mining cryptocurrencies,

These routers could provide a convenient way to do so without having to purchase separate mining hardware.

Here are some of the key features of the Bitmain Antrouter R3-DASH and Antrouter R3-SIA:

  • ASIC chips that can mine cryptocurrencies at a rate of up to 350 MH/s for DASH and 250 MH/s for SC
  • Built-in web interface for monitoring mining activity and managing settings
  • Available for purchase on Bitmain’s website for $58 each

The routers are a relatively new product, so it is too early to say how popular they will be. However, they could provide a convenient way for users to mine cryptocurrencies without having to purchase separate mining hardware.


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