What is the Antminer S19XP? Everything You Need to Know About Bitmain’s Newest Bitcoin Miner
Bitcoin miner manufacturers Bitmain announced its newest machine, the Antminer S19XP, at the company’s Dubai Mining Summit this week.
The latest in Bitmain’s S19 series, the rig’s hashrate will be 27% more efficient than the 110 TH S19 Pro, the current top dog in Bitmain’s S19 pack. It will also be 27% more energy efficient while consuming 140 fewer watts than its predecessor. These efficiency boosts come from the ASIC’s use of TSMC’s 5nm chips, whereas older S19 models utilize 7nm.
Antminer S19 XP vs. Other S19 Models
S19 XP Specs
- Hashrate: 140 TH/s
- Efficiency: 21.5 W/TH
- Wattage: 3010 W
How the Antminer S19XP stacks up against other S19 models. Source: Hashrate Index
Bitmain is now taking bulk preorders for the new machine with a price of $75/TH ($10,500 per machine). For reference, S19s are currently selling for $103.25/TH (which translates to $11,357.50 for an S19 Pro and $9,808.75 for an S19), and in October, the average price for S19s of all stripes and types was $10,544.21.
These preorders, of course, are only available to the big boys. Because they typically buy thousands of miners at a time, publicly traded companies and other industrial-scale players get priority and a slight discount on pricing. So when these rigs start circulating in the resale market, don’t be surprised to see them trading for higher prices still (especially if Bitcoin’s price continues to run).
Bitmain anticipates that it will ship its first batches of the Antminer S19 XP in Q3 of next year, sometime between July and September. With the reported shuttering of Bitmain’s mainland China factory in light of China’s crypto crackdown, Bitmain will rely on its Malaysian and Indonesian facilities to produce the S19 XP, so it remains to be seen how many rigs the manufacturer will be able to turn out in the upcoming year. Pair Bitmain’s reduced manufacturing capacity with the global silicon chip shortage and worsening supply chain constipation, and it’s likely that Bitmain will deliver fewer S19 XPs in its first batch than previous models.