The NYSE-listed mining company BIT Mining Limited unveiled a new generation of devices for mining Dogecoin (DOGE) and Litecoin (LTC) — the LD4.
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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
The hashrate of the new miner is 5000 MH/s. Its energy efficiency reaches 0.71 W/MH.
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These figures represent roughly half the performance of the Bitmain L7 — 9500 MH/s at 0.34 W/MH.
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The LD4 features an enhanced heat-dissipation technology that allows its computing chip to run at lower temperatures for extended periods.
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Each new miner features hardware-level protection and built-in software to counter known vulnerabilities. The model is also equipped with an aluminium printed circuit board and a single airflow channel.
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\”LD4 represents a significant step forward compared with LD3 in terms of durability, portability, economy and eco-friendliness. The new device, thus, optimizes and enhances mining operations,\” the company said.
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Details of the device’s release date and price have not been disclosed.
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As reported in the first quarter of 2023, the cost of cryptocurrency mining equipment rose by 15-20%, and in some cases up to 30%. Analysts attributed this trend to the rise in Bitcoin’s price.