All About BTC, LTC, ETH mining as well as other alternative crypto currencies
The official website of Bitmain Tech has a new product listing for a few days already of a new device called Antminer L1, but there are still no details and specifications published. However the listing for the new device has the speed rating listed in MH/s even though it currently says 0 instead of GH/s rating that we see listed for the Bitcoin ASIC miners that the company sells. Until now Bitmain has only been offering Bitcoin miners, however it will not be a surprise if they have been working on a Scrypt ASIC miner as well and may soon launch such a device. For the moment there are still only speculations about the new device, but hopefully we are going to see an official announcement with specifications and know if it is going to be another Bitcoin miner or a Scrypt ASIC miner.
Update: The announcement just came, AntMiner L1 will be a Litecoin miner offering a price of $5 per MHS and will start shipping in December. The L1 miner should provide a hashrate of 120 MHS for Scrypt mining and will have a price of $599 USD per unit with free shipping worldwide, based on 28nm production process it will have a power usage of 380 Watt at the wall. It also seems that the new miner will have support for mining Scrypt-N crypto currencies as well and not only Scrypt ones. There is also something new about the Bitmain AntMiner L1 miner and that is the fact that the company is essentially accepting pre-orders for a device that should be ready for shipping in about 3 months from now. Up until now Bitmain has announced new products and shortly after that the company started shipping them, so the products were ready when announced and not still in the development stage as is the case with the L1 miner apparently.