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Bitmain’s latest ASIC miners for handshake mining sold out in 27 seconds

The latest Antminer HS3 ASIC devices, designed to mine Handshake cryptocurrency (HNS), sold out in just 27 seconds, although the manufacturer represented by Bitmain speculated that they would be sold between December 20 and 31.

Image source: twitter.com/BITMAINtech

HNS cryptocurrency is used in the decentralized domain name registration system Handshake: token holders register, renew and transfer each other’s addresses on the Internet. It is assumed that the blockchain could become a replacement for centralized SSL certificates. The market capitalization of the digital asset is $14.2 million and it is traded on eight cryptocurrency exchanges.

The Anrminer HS3 cryptocurrency mining device performs up to 9 Hash/s with a power consumption of 2079W and costs $2092. The manufacturer also stated that if the device fails to reach the stated hashrate, its owner will be compensated at the rate of $232 per terahash.

According to the Whattomine portal, a Bitmain Antminer HS3 device earns $16 per day, excluding electricity costs – mining is done on ViaBTC and f2pool pools. Bitmain also launched its own pool on the Antpool site, offering miners commission-free mining during the first month.

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