Hut 8 and Bitmain Announce Launch of Antminer U3S21EXPH ASIC Miner
Hut 8 and Bitmain have revealed their collaboration on the development and launch of the Antminer U3S21EXPH, an innovative ASIC miner featuring direct liquid-to-chip cooling in a U form factor. This cutting-edge miner is set to revolutionize the industry with its advanced cooling technology, allowing for higher performance and efficiency.
The U3S21EXPH represents a significant advancement in ASIC computing by integrating cooling technology typically found in high-performance computing data centers. This new design enables deployment densities of up to 180 kilowatts per rack, optimizing performance and efficiency for miners.
Currently, the top-performing miner on the market is the Bitmain S21 Pro, running at 234TH/s. The Antminer U3S21EXPH surpasses this with over three times the power and 3 J/TH more efficiency, setting a new standard in mining technology.
Through a strategic partnership, Hut 8 and Bitmain have not only collaborated on procurement but also on technical and commercial aspects of the project. Hut 8 has played a significant role in the development of the U3S21EXPH, showcasing their commitment to innovation and efficiency.
The hosting agreement between the two companies features a fixed hosting fee and provides Hut 8 with the option to purchase the hosted machines within six months of activation. This structure allows Hut 8 to assess market conditions before committing additional funds, demonstrating a strategic and flexible approach to procurement and operations.
Bitmain’s Vice President of Mining, Irene Gao, commended Hut 8 for their contribution to the project and highlighted their shared focus on cost-efficient operations. The collaboration aims to shape the future of mining technology, setting a new standard for the industry.
Hut 8’s CEO, Asher Genoot, emphasized the innovative nature of the hosting agreement and its potential benefits, stating, “Our team worked closely with Bitmain to implement an innovative structure to commercialize the U3S21EXPH before it became available to the broader market.”
The deployment of the Antminer U3S21EXPH and the associated hosting agreement mark a strategic move for Hut 8, showcasing their commitment to innovation and efficiency in the mining industry. With advanced cooling technologies and flexible procurement strategies, Hut 8 aims to enhance their operational capabilities and financial performance in the evolving market.