Bitcoin mining equipment is moving into the mining arena and could help companies like IBM and Intel create their own custom mining rigs.
According to Bloomberg, the Chinese internet mining firm CITIC Miner plans to sell its first custom-made miner in 2018.
The new device, called the “D-100” by CITICS Miner, will be able to mine Bitcoin at speeds of up to 25 petahashes per second (psi) in a single room.
The device will be capable of running on a power supply of its own, but the company is not disclosing the price of the system.
If CITICA is successful in its plan to create its own custom-built rig, it will be a big boost to the burgeoning Bitcoin mining industry.
While the industry is still relatively small, there are currently about 100 companies competing for the top spots in the Bitcoin mining space, according to CoinDesk.
It is not yet clear if CITIIC will be successful in this attempt to create their first custom rig.
However, there is a lot of speculation that Bitcoin mining hardware will soon be on the cusp of mainstream adoption.
This is not the first time CITICO has tried to develop custom-designed rigs.
Last year, the company launched the “M-100,” a custom-crafted mining rig designed to mine at a speed of 10 psis.
Currently, CITCiner has a prototype of the “P-100”, a custom designed mining rig, in its possession, according the company.
However, it remains unclear how many mining rigs are currently on the market, if they are worth their own mining hardware.
The only way to know for sure is to purchase a miner yourself and see if it is worth the money.