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ASICRUN Miners Tout “Unparalleled Mining Performance” as Fight For Efficiency Intensifies

Ruholamin Haqshanas
Last updated: | 2 min read
Image Source: Pixabay

Hong Kong-based crypto technology company ASICRUN has released its latest offerings, which reportedly boast “unparalleled mining performance.”

In a Wednesday press release, the company said its latest offerings, the AR1, AR2, and EliteAR ASIC miners, stand out due to their exceptional hash rates. 

The AR1 miner delivers hash rates of 1050 TH/s for Bitcoin (BTC), 400 GH/s for Litecoin (LTC) and Dogecoin (DOGE), and 20 TH/s for Dash. 

Taking it up a notch, the AR2 miner offers hash rates of 2200 TH/s for Bitcoin, 900 GH/s for Litecoin and Dogecoin, and 45 TH/s for Dash. 

At the top of the line, the EliteAR miner, considered the world’s most powerful crypto miner, boasts an impressive 4900 TH/s for Bitcoin, 2200 GH/s for Litecoin and Dogecoin, and 100 TH/s for Dash.

Fight For Efficiency Among Crypto Miners Grow

Crypto mining companies have ramped up efforts to maximize efficiency and reduce their environmental impact.

The move comes as the ongoing conflict between Hamas and Israel is causing growing concerns about the potential for another energy crisis. 

In the announcement, ASICRUN said it has also prioritized energy efficiency in its mining rigs. 

The AR1 miner consumes only 650 W, the AR2 consumes 1300 W, and the EliteAR consumes 2800 W, making them highly energy-efficient options for miners.

Considering the current market conditions, these miners have the potential to generate substantial earnings. 

The AR1 miner can yield around $1,897 for Bitcoin, $3,474 for Litecoin, and $3,591 for Dash. The AR2 miner has the potential to bring in $3,974 for Bitcoin, $7,813 for Litecoin, and $8,011 for Dash. 

Lastly, the EliteAR miner can earn approximately $8,853 for Bitcoin, $19,700 for Litecoin, and $17,400 for Dash.

Other industry players are also focusing on improving efficiency. 

Auradine, for instance, recently unveiled its next-generation Teraflux Bitcoin miners, the AT2880 and AI3680. 

Miners Reap Rewards as Halving Looms

Crypto miners have been enjoying increased rewards amid the recent surge in crypto prices, with their average daily revenue rising to around $32 million over the past month. 

The hashrate, a measure of the computational power needed to mine a coin, has reached an all-time high, indicating that miners are using more powerful computers to crack the complex maths puzzles that earn them a Bitcoin. 

According to the mining data platform Hashrate Index, a measure of miners’ earnings from using 1 petahash per second of computing power in a day has risen to over $81 from $70 at the start of November.

Meanwhile, the anticipation of a spot ETF approval has led to a surge in Bitcoin’s price in recent weeks.

The cryptocurrency rallied towards $38,000 late yesterday, driven by market speculation surrounding the potential approval of a spot ETF.