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Bitmain's S19 Bitcoin Miners Account for Bulk of Network Hashrate, Says New Research

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Two models of bitcoin mining rigs made by BITMAINtech account for most of the hashrate on the network, according to a new research report by coinmetrics. egreechee reports

The Antminer S19j Pro accounts for 34.3% of the network hashrate and the S19 for 28.1%, and they have been the most used machines on the network since March 2021, Coinmetrics found. The Antminer S19 XP accounts for another 13.7% of the network hashrate, said the report. Meanwhile, MicroBT's M50 is below the threshold of detectability, the researchers said.

With newer, more efficient machines being plugged in, the energy efficiency of the network has also dramatically improved by about 60% since July 1, 2018, said the report.

 

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