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Bitmain to launch the Aleo mining machine

Bitmain, the biggest maker of Bitcoin (BTC) mining rigs, mentioned it plans to launch the Aleo mining machine. 

The Aleo venture makes use of Zero Data Proof (ZKP) know-how and offers full-stack programmability, and customers can construct privateness purposes on the Aleo community. Aleo goals to create a blockchain community that considers decentralization, scalability, and privateness safety. 

“The Aleo venture deeply makes use of Zero-Data Proof ( ZKP ) know-how and goals to construct a blockchain community that takes into consideration decentralization, scalability, and privateness safety.”

Aleo venture

Earlier, it was reported that the corporate partially did not pay salaries to staff for September on account of its troublesome monetary scenario. The corporate found detrimental money stream for the month. Bitmain additionally fired three employees for “illegally publishing the corporate’s wage announcement.”

Nevertheless, shortly earlier than the monetary issues, Bitmain launched a brand new sequence of S21 installations. Its flagship, the S21 Antminer HYD, affords a hashrate of 335 TH/s and an vitality effectivity of 16 J/TH. The sequence additionally contains air-cooled fashions.

The introduced ASICs are the primary of their class with vitality effectivity under 20 J/TH. This makes Bitmain’s new flagship essentially the most highly effective mining rig on the planet. The producer plans to ship the primary batches within the first and second quarters of 2024.

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