Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift

Bitmain has launched the Antminer S23 Hydro sequence, that includes a efficiency of 580 terahash per second (TH/s) and an influence consumption of 5,510 watts, making it the “best” mining rig out there.

Declining Demand for Mining Rigs

Bitcoin mining rig maker Bitmain unveiled the brand new Antminer S23 Hydro sequence, which reportedly boasts 580 terahash per second (TH/s) with an influence consumption of 5,510 watts. This efficiency, equating to an effectivity charge of 9.5 joules per terahash (J/TH), makes the Antminer the “best” mining rig in the marketplace.

In line with theminermag.com’s newest report, the brand new rig is very fitted to bitcoin miners seeking to maximize output whereas maintaining operational prices in examine. It was launched on the World Digital Mining Summit (WDMS) 2025, an occasion the place Irene Gao, president of mining at Bitmain, mentioned her firm’s technique for coping with the drop in demand for mining rigs.

As highlighted within the evaluation, Bitmain is providing versatile cost phrases, together with an choice to pay in three installments beginning with 40% of the sale worth, adopted by two equal funds. Patrons have the choice to pledge bitcoin ( BTC) for as much as six months to safe the mining rigs.

Following the newest BTC halving on April 20, 2024, which decreased the block reward from 6.25 BTC to three.125 BTC, bitcoin miners have seen their revenues dwindle. This has left mining firms with the choice to both improve to extra energy-efficient machines or search cheaper power. Mining firms failing to attain both might be compelled to close down operations.

In the meantime, the report asserts that ASIC {hardware} patrons now maintain extra bargaining energy, as seen in latest offers. It mentioned firms like Cleanspark, Hut 8, and HIVE secured favorable phrases from Bitmain, benefiting from decrease demand and producers’ want to take care of gross sales regardless of tightening margins.

Bitmain in the meantime expects to make the primary shipments of the newest Antminer S23 Hydro within the first quarter of 2026, with early patrons anticipated to get reductions.