🐂DIGEST 10-16 JUNE🌍

Catch up on the latest news and updates in the world of cryptocurrency and mining↖️

🐂UMINERS at the World Digital Mining Summit 2024 in Hong Kong

This is one of the most significant events in the digital mining industry, bringing together industry leaders from around the world to discuss the latest developments and future trends in cryptocurrency mining.

⛏The event is traditionally organized by BITMAN, a leading mining equipment manufacturer.

📍It's important to note that concurrently with the conference in Hong Kong, WDMS is also held in Las Vegas. The key agenda of this summit is "Mining for a Bull Market".

✅The main event everyone has been waiting for is the presentation of the new Antminer S21 XP. The model is available in three versions: air, liquid, and immersion cooling.
We already know the characteristics of the devices:

Antminer S21 XP

⏺Hashrate: 270 Th/s
⏺Power: 3,645 W
⏺Efficiency: 13.5 J/T


Antminer S21 XP Hydro

⏺Hashrate: 473 Th/s
⏺Power: 5,676 W
⏺Efficiency: 12 J/T

Antminer S21 XP IMM — has two modes: normal (NEM) and high energy consumption (HEM).

⏺Hashrate: 300 ➡️ 380 Th/s
⏺Power: 4,050 ➡️ 5,700 W
⏺Efficiency: 13.5 ➡️ 15 J/T

🚚The release of the devices is planned for the fourth quarter of 2024.

⛏Mining cryptocurrency used to be profitable in the U.S., China, Russia, and Iran due to low electricity costs. However, rising energy prices and unstable power grids have made it less viable in these regions.

🖇But there's a new promising alternative. Read on to find out why Ethiopia might be the next big hub for cryptocurrency mining↖️