Bitmain Rival Ebang Launches New Line of Uber-Efficient Bitcoin Miners

One of Bitmain’s biggest rivals is ready to give the bitcoin mining giant a run for its money as both firms prepare to go public in Hong Kong.

Upstart Bitcoin Mining Firm Unveils New 10nm Chip, Miner Series

The China-based Ebang Communication, one of the world’s largest manufacturers of application-specific integrated circuit (ASIC) chips for bitcoin miners, has unveiled the next generation of its flagship product line, complete with an upgraded chip that makes significant strides in energy efficiency.

Ebang made the announcement at the World Digital Mining Summit in Georgia, stating that the Ebit Miner E11, E11+, and E11++ will be available for preorder soon.

The E11 series features a 10nm chip, the same size featured in its E10 product line. However, according to a product flyer circulated on Twitter by Blockstream CSO Samson Mow, the E11 series is capable of achieving phenomenal performance for a 10nm chip. Per the flyer, the Ebit E11++ can achieve a power consumption…