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Home » Heavy duty ASIC NuMiner 440 – a snag for an investor?

Heavy duty ASIC NuMiner 440 – a snag for an investor?

James by James
February 19, 2022
in Ethereum News
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Heavy duty ASIC NuMiner 440 – a snag for an investor?
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On February 3, Sphere 3D announced the purchase of the latest and ultra-efficient NM440 ASICs in the amount of $1.7 billion. After the publication of the news, the company’s shares soared by 40%. However, more and more information is coming in about the creation of a snag: “a representation of the accessible, tangible, but in fact non-existent.” In case of immediate deployment of the computing battery, Sphere 3D becomes the largest public miner of Bitcoin with a 16% share of the world’s hashrate – this is what bribed investors.

The declared energy efficiency of the NM440 is 20.2 joules per terahash, which is 4.5 times higher than existing analogues and 36% better than the announced Antminer S19 Pro + Hyd, which will go on sale no earlier than autumn. The S19 Pro+ Hyd has good energy efficiency ratings due to water cooling, so it is not clear how the NM440 will cope with heat dissipation in the absence of a visual water circuit.

All that is in the hands of the community is loud statements and a graphic image of a promising ASIC. However, it turned out to be stolen from Cerebras, and even someone else’s logo is visible on the presentation model. Following the claim, NuMiner removed the image from the site, calling it “drawn for marketing purposes.”

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James

James

James is a 33-year-old cryptocurrency enthusiast who has been involved in the industry since 2017. He has always been a keen follower of the crypto space and has experience in trading and mining cryptocurrencies. Since then, James has also written numerous articles on the subject and is passionate about sharing his knowledge and insights with others.

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