Key Facts.

  • The S19 XP Hyd consumes less power than its closest competitor, the S19 Pro+ Hyd.
  • The new Antminer will reach buyers in early 2023.

Bitcoin mining ASIC device manufacturer Bitmain announced the official launch of the Antminer S19 XP Hyd a few hours ago. As the name suggests, this new version of the Antminer S19 XP includes a liquid cooling system. This helps it to have almost twice the mining capacity of the previous version.

According to Bitmainland's website, their new Ant miner is capable of delivering 255 terahash per second (TH/s) when mining bitcoin. This makes it 25% more powerful than its closest competitor, the Antminer S19 Pro+ Hyd (which is also liquidity cooled).

Another aspect that has drawn attention to the S19 XP Hyd compared to the S19 pro+ Hyd is that it consumes less energy, even though it offers a higher hash rate. Its average power consumption is 5302W, compared to 5445W of its competitors. This makes it a more efficient device and therefore able to offer a larger profit margin in bitcoin mining.

And the Antminer S19 XP Hyd. It's more powerful, more efficient, and more expensive than its predecessor and competitors. It is priced at $19,890 per unit on the Bitmain website, which is nearly 25% more expensive than the S19 Pro + Hyd. The equivalence between hash rate and price is accurate when comparing the two teams.

Ant Miner S19 XP Hyd Antminer S19 XP Hyd. It is the second Bitmain ASIC with built-in liquidity cooling system. Source: Bitmain

According to ASIC Miner Value, a website that evaluates and demonstrates the profitability of mining various cryptocurrencies using various ASIC devices, the Antminer S19 Pro+ is currently generating about $19.91 per day in profit. With these expectations, the Antminer S19 XP Hyd. should generate about $25 per day. In fact, if you consider that the new miner will consume even less power, the profits could be even higher. This is all based on the price of BTC in the market today.

Note that this Antminer can mine not only Bitcoin, but also Bitcoin Cash, Bitcoin SV, and all those who share the SHA-256 algorithm.

New ASICs coming in 2023 Music for pay, sounds good?

As the old saying goes, "Music pays, but no sound". But for those who buy one of the new Antminer S19 XP Hyd. Bitcoin mining from Bitmain will have to wait until the first quarter of 2023 to get the hardware. So the question is, is it worth buying an ASIC that will arrive within a year in the best case scenario?

To answer the previous question, it is necessary to consider certain key aspects of mining profitability. One of these is the volatility of the cryptocurrency market, which directly affects the potential earnings of miners. Bitcoin remains the most powerful cryptocurrency in the ecosystem, but that does not exempt it from being prone to large price drops.

Another key aspect to consider is the hash rate and the difficulty of mining. Over time, there are more bitcoin miners, coupled with advances in technological development that allow for the creation of more powerful devices. All of this leads to an increasing hash rate on the Bitcoin network; which means greater mining difficulty. The more difficult it is to mine, the more expensive it is for miners to get their rewards and their BTC earnings decrease.

It is also important to remember that the delivery of such hardware can be delayed for a variety of reasons. Problems in the distribution chain, government restrictions, scarcity of manufacturing raw materials, and natural phenomena are some of the potential variations that can affect ASIC delivery times.

While the new Bitmain Antminer ASIC for bitcoin mining will not provide the same profitability as when buyers put it into use today, it is still a device that is ahead of the most powerful ASIC competition and represents an advantage over other miners.