New Generation of Litecoin/Dogecoin Rigs Unveiled by Bit Mining
Hong Kong-based crypto mining company BIT Mining Limited has unveiled its latest Litecoin and Dogecoin mining machine, the LD4. The ASIC machine, which offers a maximum power efficiency of 0.71 W/MH and peak output of 5 GH/s, improves on the company’s previous LD3 model in terms of energy efficiency, maximum hashrate and cost effectiveness. The latest model, which has an improved life cycle thanks to excellent heat dissipation and a single airflow channel mining machine design, marks the third such model to be produced by BIT Mining since its acquisition of mining hardware maker Bee Computing last year. The release comes after a difficult year for the crypto mining market, which has seen a recent price recovery thanks to Bitcoin and other cryptocurrencies, and the estimated number of hashes required to mine a block on the bitcoin network has surged to 209 zettahashes.