Bit Mining has released an Asic Mainer for Litecoin and Dogecoin – Bits Media

Bit Mining introduced the LD3 device for Litecoin and Dogecoin. More has already been released 5 000 devices. Against the background of such news, the shares of crypto companies increased by 51%.

From the first batch of 5,000 devices, part will be used by Bit Mining itself, and part - directed by third -party customers. This is the second model of the ASIC Mainer, Bit mining presented after the absorption of the manufacturer of mining equipment Bee Computing, held last year. Bit mining ld3 performance is 4800 MH/S with energy efficiency 0,73 W/MH.

“We have made significant efforts to transform the company, to make the business more distributed, represented in various areas of the blockchain industry ", - assures the financial director of Bit Mining Juve Yang (Youwei Yang).

Earlier analyst Kevin Dede (Kevin Dede) stated, that the release of your own asic mainers allows Bit Mining to be a vertically integrated company. This gives advantages, Including cost control, Lack of dependence on third -party suppliers and the possibility of fine setting up equipment for the needs of the company. Besides, Own production gives an additional and potentially large source of income.

IN 2021 year, Bit Mining planned to build a large data center in Kazakhstan, However, at the beginning 2022 It was decided to refuse the plans.