THE MINING POD: The Current State of the ASIC Miner Market With Ian Descoteaux

Which ASIC miner brand is the best and why have Bitmain and Whatsminer maintained a duopoly? Pow.re Co-founder and CTO Ian Descoteaux  joins Will this week to discuss the ASIC miner market. 

Welcome back to The Mining Pod! Pow.re Co-founder and CTO Ian Descoteaux joins us today to talk about all things ASIC miners. In the conversation, we speak at length about the Antminer S21, including his experience deploying this model, its quirks / failure rates, and its performance. We also touch on ASIC prices and manufacturer competition, including why MicroBT’s Whatsminers are more expensive than other models, and whether or not Auradine and Canaan will be competitive in the near-future. Finally, we close on his takes regarding Bitmain’s newest hydro model, the U3S21EXPH.

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Timestamps:

00:00 Start

01:29 Update

03:11 New ASIC frustrations

04:16 ASIC price competition

06:20 Why MicroBT expensive

06:57 Canaan & Auradine

07:52 S21 deployment experience

09:46 ASIC failure rate

10:51 Repairs

12:46 Paraguay ASIC repair cost

14:44 S21 deliveries

16:07 S21 quirks?

18:39 New Bitmain units

20:02 Current ASIC market

23:05 U3S21EXPH Rack System

27:08 New equipment pushing market split

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

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