At the Bitcoin 2024 conference in Nashville, MicroBT unveiled its latest WhatsMiner models, focusing on sustainable mining technology.
CEO Dr. Zuoxing Yang showcased the new air, hydro, and immersion cooling systems. The standout models include the air-cooled M60S+, hydro-cooled M63S+ and M64, and the immersion-cooled M66S+.
The M60S+ delivers a hash rate of 210TH/s with 17J/T power efficiency. The hydro-cooled M63S+ achieves up to 450TH/s, with the M64 handling water temperatures up to 80℃. These models set new industry standards.
Dr. Yang also emphasized the potential of solar-powered mining, predicting that by 2026, the cost could drop to $0.04 per kWh, making it more viable. MicroBT’s research includes a 100 kW pilot project, and they plan to launch the WhatsMiner Solar Mining Container system.
In a panel discussion, Wright Wang, MicroBT’s Sales & Marketing Director, highlighted the growing adoption of immersion and hydro cooling methods, reaffirming MicroBT’s dedication to sustainable mining innovation. Dr. Yang hinted at more product releases next year.
Additionally, Samson Mow presented innovative ideas at the conference, such as converting U.S. national debt into Bitcoin’s smallest unit, satoshis, and even suggested the possibility of Bitcoin mining on the moon using renewable energy, indicating a forward-thinking approach to cryptocurrency’s integration into larger economic systems.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.