Bitmain does it again with the new Antminer S2 1th/s Miner.

Today I was excited to see the release news on 112bit.com, a US distributor for Bitmain that they were starting to sell the new Antminer S2 1 th/s unit. The best part is just like the S1 no huge wait times. They will be shipping the first batch roughly April 1st of 2014.

The Antminer S1 is a hit due to the competitive price and excellent availability of the units. With distributors like 112bit also shipping fast and keeping pricing current each day the S1 had many miners very happy and created many loyal customers.

Antminer S1
Antminer S1

 

Juan from 112bit is going to be demonstrating the Antminer S2 at the Inside Bitcoins New York convention on April 7-8.

When I asked Juan Garavaglia owner of 112bit about this debut, he said.

We are very excited, is a big step forward we have the most competitive mining hardware and fast delivery we are receiving many orders and the Bitmain website sold out in 6 hours the 1st batch.

Here is the release that 112bit owner Juan Garavaglia, posted on BitcoinTalk.

 

Bitmain Technologies Limited is proud to announce ANTMINER S2 that features 1TH/s Bitcoin Miner consist of high-density chip chains and ultra low power consumption.

AntMiner S2 is using the state of the art BM1380 chip, targeting the best possible power efficiency. S2 is built into a 4U size box, and it will come with PSU manufactured by Enermax. S2 will be very convenient to deploy. S2 is still running quietly.

Since November of 2013, BM1380 has been proven to be the most effective IC on the 55nm process among all competitors, even comparable to the most Bitcoin Mining ICs developed on 28nm process nodes. Our first generation Bitcoin Miner, AntMiner S1, demonstrated low power consumption but high performance. Currently, S1 is most popular miner for mining enthusiasts. S1 is currently deployed in large binary trees structures within the private and public mining pools servicing 20.3% of the entire network hash rate.

The 1st Batch of AntMiner S2 will be shipped out on April 1st. AntMiner S2 will be available in the global market for a price of $3,899.

AntMiner S2 SPEC:

Hash rate: more than 1,000GH/s
Power consumption: 1,000W from the wall
Power efficiency: 1Watt/GH/s
PSU: 1000W produced by Enermax, 80PLUS gold
4U Rack
PSU inside
Plug and Mining
Stable and quiet

 

With the great price and performance of the S1, it looks like Bitmain is going to be able to do it again with their new S2 model, as well. Sipping power 1 watt per gh/s it will make it a very profitable Bitcoin miner over the long haul, as well.

I am very much looking forward to trying one of these out and bringing my results here on cryptocoinsnews.com

In the near future, I will be testing and reviewing the S2's predecessor the Antminer S1 and will have it on CCN for you all.

Happy Mining

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About the author

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Scott Fargo

I am a disabled former Systems Admin, computer tech, business manager enjoying crytpo currencies.
I am deeply involved in the mining ecosystem and physical coins,
It fascinates me how it has brought people from all over the world together into a tight knit supportive community with commerce and tech.