Bitmain which is one of the market leaders in the Bitcoin mining hardware manufacturer space unveiled their S9 model, the world’s first Bitcoin miner using 16nm chips.

Bitcoin enthusiasts have been looking forward to the release of S9 model.  A press release to newsbtc.com said that, the Antminer S9 will produce 14 TH/s of mining power per unit. Although there is a 7% variation to take into account, the power consumption of the devise sits around 1.38 kW and this makes the miner very power efficient.

The Antminer S9 is backward compatible with power supplies used in older models. The machines keep their air-cooled system, that is easy to maintain by both experienced and novice users. Also other than electricity to be paid by the consumers, there are no hidden upkeep costs.

The Bitmain company wants to address the rate at which miners discarded their hardware since it is no longer profitable. As the average lifespan of ASIC hardware is just three months, something has to be done to increase the shelf life of bitcoin mining hardware.

Bitmain will limit the number of S9 devices one user can order in total. There will be only a limited quantity available for every batch of Antminer S9 miners and placing of order is required as soon as possible from interested parties. Limiting the number of devices helps distribute these devices in a decentralized fashion over time. The company expects to launch its first batch of S9 devices quickly. The device is expected to attract a lot of interests.