Bitmain has sold off Antminer S19j Pro miners for the year ahead
The company said it plans to ramp up production of its mining equipment despite the rising cost of silicon wafers.
Major cryptocurrency mining equipment maker Bitmain has announced that Antminer S19j Pro miners have been sold out until the third quarter of 2022. Sales of the miners for the first and second quarter of next year began in mid-August. Sales of the Antminer S19j Pro with delivery in the third and fourth quarters of 2022 will begin in September this year.
On August 25, the main supplier of silicon wafers for Bitmain - Taiwanese company TSMC reported an increase in the price of wafers by an average of 20%. Despite this, Bitmain noted that the company will increase production capacity.
The Antminer S19j Pro is the latest miner model from Bitmain, which is used for bitcoin mining. The miner has a hash rate of 100 TH/s (terraches) and a power consumption of 3,100 watts.
Bitmain temporarily suspended sales of bitcoin miners in June. The Chinese company made the decision after prices of cryptocurrency mining equipment collapsed by 75% since April.