On Monday, MicroBT officially launched its new generation of WhatsMiner mining machines—the M70 series—in Abu Dhabi, introducing a more energy-efficient product line despite current Bitcoin mining profits being at multi-year lows. The M70 series covers three efficiency levels: 12.5 J/TH, 13.5 J/TH, and 14.5 J/TH, offering both air-cooled and water-cooled models. Individual machine hashrates range from the entry-level M70 at about 214 TH/s to the rack-mounted M79S at over 1 PH/s, targeting ultra-large-scale mining farms and advanced energy solutions.
This launch comes at a time when mining economics are extremely tight. According to market data, Bitcoin hash price has dropped to around $35 per PH/s/day, nearing historic lows; meanwhile, network hashrate remains above 1 ZH/s, further pressuring miners’ revenues. Record-high mining difficulty and price corrections have significantly slowed mining machine demand, with ASIC manufacturers generally facing challenges such as extended inventory and order cycles.
During this industry downturn, MicroBT has chosen to focus on long-term energy and system optimization rather than short-term market fluctuations. Company founder and CEO Yang Zuoxing pointed out that the future growth of Bitcoin mining will depend on continuous improvements in energy efficiency, including off-grid solar adoption, hybrid energy solutions, and modular deployment models, rather than betting on price cycles.
At the launch event, MicroBT also showcased progress in expanding its ecosystem toward a “joint mining” model, announcing a partnership with HashSmith. As the spot mining machine market shifts to a buyer’s market, manufacturers are increasingly pursuing strategies involving self-operated or jointly deployed hashrate. Previously, Bitmain and Canaan have ramped up their own mining operations, with Canaan’s A16 series released last year featuring 12.8 J/TH efficiency, indicating the industry’s move toward high-efficiency competition.
Despite the cyclical market downturn, MicroBT is using the M70 series to demonstrate its technical pathway for energy efficiency, system integration, and large-scale mining farm solutions, aiming to strengthen its competitive advantage in the next mining cycle.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means
Google's Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.
But, what does it actually mean in practice?
Let's start with how bitcoin
CoinDesk8m ago
CKpool’s Miner’s Lottery has drawn again! A lucky winner beat the 1 in 280k odds to take home $210k alone
In Bitcoin network hash rate competition, an independent miner using CKpool successfully mined a block, earning 3.139 BTC (about $210k), with odds of only 1 in 280k. CKpool lets small miners take on solo mining; if they succeed, they get all the rewards, and if they fail, they earn nothing. This block was the first solo win since February 28.
ChainNewsAbmedia57m ago
BTC 15-minute rise of 0.45%: whale funds inflow into exchanges drives short-term fluctuations
2026-04-06 02:00 to 02:15 (UTC), the BTC spot price fluctuated in the range of 68772.5 to 69317.9 USDT, with an amplitude of 0.79%, and the candlestick (K-line) return recorded +0.45%. The brief abnormal move sparked market attention; the magnitude of volatility was influenced by multiple capital activity patterns. Overall sentiment leaned cautiously, and attention increased.
The main driving force behind this abnormal move was whale capital flowing into exchanges. On-chain data shows that during this period, whale (holding ≥1000 BTC) net inflows totaled 867.3 BTC, reaching a recent high and accounting for a portion of the total for the entire day total flow—
GateNews1h ago
Arthur Hayes: Bitcoin’s long-term target price is $250k to $750k, and in the short term it could fall below $60k
Arthur Hayes said on a podcast that, because the Federal Reserve has not expanded liquidity, he will not put more money into Bitcoin. He expects his medium- to long-term target price to be between $250,000 and $750,000. He warned that if the Iran–U.S. conflict continues, Bitcoin could fall below $60,000 in the short term. Meanwhile, Charles Schwab will launch spot trading for Bitcoin and Ethereum. Research shows that after major shocks, Bitcoin has performed better than gold and the S&P 500, and its current price has rebounded to $67,300.
GateNews2h ago
Bitcoin Breaks Through 68,000 USDT, Up 1.05% Within the Day
Gate News message: On April 6, market data shows that Bitcoin has broken through 68,000 USDT; it is currently trading at 68,007.46 USDT, with a intraday gain of 1.05%.
GateNews3h ago
Decode the luck of a solo Bitcoin Miner winning 210.000 USD
A solo Bitcoin miner recently won $210,000 by successfully mining a block on CKpool, highlighting the rarity and luck involved in solo mining. With a success probability of 1 in 28,000 daily, solo mining remains appealing despite its low odds, contrasting with the stability of pool mining for most miners.
TapChiBitcoin3h ago
