These commitments to transparency will continue to provide the Zcash foundation and community with the security, reliability, and accessibility they desire of manufacturers.”īesides Zcash and Equihash, Bitmain of course, continues to develop crypto mining hardware for other proof-of-work algorithms. Bitmain explained: “To preserve the Zcash community’s values around security, reliability and accessibility, Bitmain had previously Tweeted real-time updates to ensure more transparency and will continue to provide shipping updates of the first batch of the Antminer Z11. The company noted in the announcement for the new machine how it is showing commitment to the Zcash community as well as to transparency, an issue that is critical for miners who in the past had to wait a long time for the equipment they purchased to reach them. Showing Commitment to Transparency and the Zcash Community Additionally, at just 5.4 kg (about 11.9 lbs), it also weighs slightly less than the Z9. The Z11 also has a power efficiency of 10.50 J/KSol, saving 60 percent of electricity costs compared to the Z9. Antminer Z11Īccording to the company’s specifications, the Antminer Z11 offers a hashing power of 135 KSol/s, which is three times greater than the Z9, Bitmain’s previous Equihash miner. The new mining machine is currently on pre-sale on the company’s website and Bitmain promises that it will start shipping shortly. This is exemplified by Bitmain’s release of an Equihash miner that is three times more powerful than its predecessor.

The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC).Īlso Read: In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job Bitmain Releases the Antminer Z11Ĭrypto winter might be taking its toll on many cryptocurrency miners, and thus the companies that supply them with equipment, but the technological arms race to develop the fastest rigs never stops. Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday, March 19.

Bitmain zcash miner