Hong Kong-based cryptocurrency company ASICRUN has launched its latest offerings, which it says have “unprecedented mining performance.”
In a press release issued on Wednesday , the company said that its latest offerings, the AR1, AR2, and EliteAR ASIC miners, display exceptional hash rates.
The AR1 miner offers hash rates of 1050 TH/s for Bitcoin (BTC), 400 GH/s for Litecoin (LTC) and Dogecoin (DOGE), and 20 TH/s for Dash.
The AR2 miner goes a step further and offers hash rates of 2200 TH/s for Bitcoin, 900 GH/s for Litecoin and Dogecoin, and 45 TH/s for Dash.
At the highest level, miner EliteAR, considered the most powerful crypto miner in the world , offers 4900 TH/s for Bitcoin, 2200 GH/s for Litecoin and Dogecoin, and 100 TH/s for Dash.
The battle for efficiency among crypto miners is growing
Crypto mining companies have increased their efforts to maximize their efficiency and reduce their environmental impact.
The move comes as the ongoing conflict between Hamas and Israel raises concerns about the possibility of a new energy crisis.
In the announcement, ASICRUN said it is also prioritizing the energy efficiency of its mining equipment.
The AR1 Miner only uses 650W, the AR2 uses 1300W, and the EliteAR uses 2800W, making them very energy efficient options for miners.
Given current market conditions, these miners have the potential to generate significant income.
The AR1 miner can earn around $1,897 for Bitcoin, $3,474 for Litecoin, and $3,591 for Dash. The AR2 miner has the potential to earn $3,974 for Bitcoin, $7,813 for Litecoin, and $8,011 for Dash.
Finally, the EliteAR miner can earn around $8,853 for Bitcoin, $19,700 for Litecoin, and $17,400 for Dash.
Other industry players are also focusing on increasing efficiency.
For example, Auradine recently introduced its next-generation Teraflux Bitcoin miners , AT2880 and AI3680.
Miners are reaping the rewards as halving approaches
Cryptocurrency miners have benefited from increased rewards amid the recent surge in cryptocurrency prices, with their average daily earnings rising to around $32 million in the last month .
Hashrati, a measure of the computing power needed to mine a coin, has hit an all-time high, suggesting that miners are using more powerful computers to solve the complex mathematical puzzles that allow them to earn a bitcoin.
According to mining data platform Hashrate Index, miners' earnings from using one petahash per second of computing power per day rose from $70 in early November to more than $81.
Meanwhile, anticipation of spot ETF approval has driven up the price of Bitcoin in recent weeks.
The cryptocurrency rose as high as $38,000 last night, driven by market speculation over the possible adoption of a mock ETF.