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ASICKey Unveils New Bitcoin Miners as Price Surge Restores Interest in Mining

ASICKey Unveils New Bitcoin Miners as Price Surge Restores Interest in Mining

CryptoNewsCryptoNews2024/11/15 17:44
By:Ruholamin Haqshanas

The launch comes as surging Bitcoin prices reignite profitability for operators, fueling interest in mining.

Last updated:
November 15, 2024 09:55 EST

ASICKey has launched its latest lineup of cryptocurrency miners amid renewed interest in Bitcoin mining driven by the rebound in prices.

The models, which include KEYMINER A1, KEYMINER X, and KEYMINER PRO, use advanced 3nm ASIC technology to offer high hash rates with reduced power consumption, the firm said in a recent announcement .

The company also claimed that the miners have ultra-low noise levels, which allows them to be used in any environment.

ASICKey’s New Miner Series Performance

ASICKey’s KEYMINER series offers performance metrics that stand out when compared to current market models.

Per the announcement, the entry-level KEYMINER A1 delivers a hash rate of 1100 TH/s for Bitcoin with a power consumption of just 650 W.

It reportedly generates monthly profits of $1,200 for Bitcoin, $2,900 for Litecoin, and $3,800 for Dash, at current rates.

KEYMINER PRO offers the highest hash rates—5800 TH/s for Bitcoin, 2800 GH/s for Litecoin, and 160 TH/s for Dash—delivering expected monthly profits of $6,300, $16,300, and $19,500 for each coin, respectively. It has a power consumption of 2800 W.

KEYMINER X balances performance and efficiency, consuming 1300 W while earning $2,500, $6,400, and $8,900 monthly for Bitcoin, Litecoin, and Dash.

“With KEYMINER A1, KEYMINER X, and KEYMINER PRO, ASICKey has set a new standard in the mining industry, offering unparalleled hash rates, low power consumption, and maximum profitability for users,” the announcement reads.

The firm claimed that the new miners boast reduced noise levels and simplified setups.

Users can connect the devices to the internet, select a mining pool, and start operations.

Bitcoin Price Surge Restores Interest in Mining

The launch comes as surging Bitcoin prices reignite profitability for operators, fueling interest in mining.

At $77,000 Bitcoin I'm currently mining about $5,200 a month.

At $100K, it will be $6,700 a month.

At $150K, it will be over $10,000 a month.

But that's just the tip of the iceberg. Here's why I am mining: pic.twitter.com/QvS5qojFst

— Your Friend Andy (@OhHaiAndy) November 8, 2024

According to data from Google Trends , the terms “Bitcoin mining,” “BTC mining profit calculator,” cloud mining company “sup miner,” and Bitcoin mining machine “Antminer 19” have been breakouts in the past week.

Bitcoin reached a new all-time high on Wednesday, surpassing $93,434 on November 13 , according to data from CoinMarketCap.

The recent election of President Donald Trump, who has expressed support for cryptocurrency, has further bolstered investor confidence.

As reported, Jack Dorsey’s Block has also announced plans to ramp up investments in its Bitcoin mining initiative and self-custody Bitcoin wallet.

Last week, the company said it would reallocate resources from its canceled “Web5” project, TBD, and cut investments in the music-streaming service, Tidal, to support this move.

“We are scaling back our investment in TIDAL and winding down TBD. This gives us room to invest in our bitcoin mining initiative, which has strong product market fit and a healthy pipeline of demand, and Bitkey, our self-custody wallet for bitcoin,” the company said.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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