Crypto Mining Blog

Bitmain has a new interesting offer for miners in the form of a lower hashrate ASIC miner for Bitcoin called AntMiner S7-LN that comes packaged with a 1KW Enermax ATX PSU. The new Bitmain AntMiner S7-LN apparently has less chips – 90x BM1385 instead of the 135 found in the regular S7 and as a result you get a bit more than half the hashrate at about half the power usage. The AntMiner S7-LN is rated at 2.7 THS hashrate and about 700W of power usage at the wall and can be yours for $291 USD without the shipping and taxes per unit – the miner and the PSU for it – with the shipping expected to start on June 2nd. The good thing about this offer is that the PSU is a regular ATX one so it can be used for a PC or a GPU mining rig and not only for ASIC miners when the time to shut down the S7-LN comes.

Bitmain AntMiner S7-LN Specifications:
– Hash Rate: 2.7 TH/s ±5%
– Power Consumption: 697W + 10% (at the wall, with Enermax, 25C ambient temp)
– Power Efficiency: 0.25 J/GH + 10% (at the wall, with Enermax, 25°C ambient temp)
– Rated Voltage: 11.60~13.00V
– Chip quantity per unit: 90x BM1385
– Dimensions: 306mm(L)*150mm(W)*275mm(H)
– Cooling: 2x 12038 fan
– Operating Temperature: 0 °C to 40 °C
– Network Connection: Ethernet
– Default Frequency: 700 MHz
– PSU: 1000W Enermax golden power supply

The only drawback is that the Bitcoin block reward halving is right around the corner, so in about a month and a half the coins mined by the miner will be cut in half. So now it might not be the best time to consider purchasing the current generation of Bitcoin ASIC miners even of the offer is an attractive one. So consider carefully whether now is the right time to purchase SHA256 ASIC mining hardware or better to wait for the halving and then consider what to do…