New Bitmain mining devices sold out in 27 seconds

New Bitmain mining devices sold out in 27 seconds

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Author: Robert Strickland
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New Bitmain mining devices sold out in 27 seconds
Handshake HS3 cryptocurrency mining devices were supposed to be sold out from December 20 to 31, but they ran out in the first minute

New cryptocurrency mining devices Handshake (HNS) from one of China's leading equipment manufacturers Bitmain were sold out in 27 seconds. The company wrote about it on Twitter , noting that it was incredibly fast.

Handshake is the token of the eponymous decentralized domain name registration ecosystem. With HNS, participants transfer, register and update names on the Internet. The cryptocurrency has a market capitalization of $14.2 million, according to CoinMarketCap. HNS is traded on eight crypto exchanges, including MEXC, Gate.io, CoinEx and Bittrex.

The Bitmain HNS Miner HS3 ASIC (cryptocurrency mining computers) operate at a maximum hash rate of 9 terahash per second (Th/s) and power consumption of 2.079 kWh. The price of one device was $2.09 thousand, while the manufacturer said that if the hash rate is lower than the declared one, the difference will be refunded at a rate of $232 per terahesh. The warranty period is 180 days.

According to Whattomine, one HS3 device, based on the HNS exchange rate as of Dec. 21, generates about $16 a day in revenue (before electricity costs are deducted). Handshake cryptocurrency is mined in the ViaBTC and f2pool pools.

After selling the new devices, Bitmain also announced the launch of an HNS mining pool on its Antpool site.

In July, Bitmain began selling a new miner for Ethereum mining. According to the company, the cost of the device pays for itself in 100 days of operation, it is capable of replacing 25 video cards.

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