Pre-orders open for the new Whatsminer M20

I was browsing Pangolin to find out when they'd get more M10s in stock, and I was surprised to see the M20 listed there. Looks like it’s only available on Pangolinminer.com and not even on the manufacturer's site yet. These miners feature a 12nm chip size and are up for pre-order, with shipping expected before May 20, 2019. There are two models available: One with 48TH/S (+-5%) at 2300W (+-10%) priced at $1450, or the other with 58TH/S (+-5%) at 3300W (+-10%) for $1500. Honestly, the specs look pretty solid, especially for the 48TH version. Kind of weird that they aren't advertised anywhere else.

Pretty sure it is real and they are taking preorders. I may be getting both models to do YouTube videos. I have been taking with them about it. It is 12nm not 7nm which means they may  have 1 more upgrade in say six-seven months. Note these will be subject to the trump tax if USA based.

This is cool news. As I mentioned in the M10 thread, I might be able to get a demo and write a review for the M20. I will keep you guys posted!

I am a bit surprised at how much of an incremental upgrade this is. M10S = 55TH  @ 3400w M20   = 58TH  @ 3300w Considering its a new chip the upgrade seems rather marginal

the m10 to m20 is huge m10  31th  2300watts m20  48th  2300watts but the m10s  55th 3400watts m20?  58th 3300watts is not much

To me @ the 58THs mark it rather depends on how many chips are used in it vs the M10S. Compared to the M10-31 or 33 the M20-48 is a substantial improvement in speed/power.

That's why I mentioned the S model, which doesnt have a low power mode to compare. Personally I think they shouldnt even sell the higher speed version with the last 10TH costing 1000w.

I asked for both models to compare. I think we will be going with 10-30 m20 48th short term and maybe 50-100 m20's long term.

Nice well I look forward to seeing reviews and videos of the gear. I only mentioned that it was only on the Pangolin site, so people knew where to look, I'll have to link it later not sure why I didn't. I definitely believe in the gear and will probably break my rule of ordering first batch gear. The other bonus that I forgot to mention is there PSU is still rated up to 264 V.  I probably would have been crushed if they had gone to 240 V max. It's funny that comment about a jump to 7nm has me wondering what they can do next considering how they're killing it with these older chips. I wonder if they skip 10 and go right to 7nm. I agree I kept thinking I was reading it wrong or that maybe it was a typo in the fresh numbers they posted.

I would not call them 'older chips', it is just that the 16/14nm node process is fully mature and well characterized which means fully developed design rules leading to more predictable specs and much better & repeatable yields. The 12/10nm node has been in use long enough with enough chip production under its belt to be called a nearly-mature process. On top of that, the work being done on the 7nm node also pays huge dividends to advance the higher node production methods. The 7nm node is still very much a work-in-progress for all Foundries. Even Intel has (again) pushed back on marketing the 7nm node.

yeah  they are rocking the 12nm at 48th and 2300 watts  which will be full speed if they can do efficiency setting on the m20 like the m10 21th 1265 watts 31th 2300 watts 21/31 =  .677  x 48th = 32.5th 32.5th at 1265 watts = 39 watts a th on efficient speed 48th   at 2300 watts =  48 watts a th on the 12nm what this means is very good for the 48th model who know what the 58th model will do on lower setting and still the 7nm in 6-8 months I am liking these builders.

Exciting but interesting. I think I'm in fanactic's camp with the model numbering and spec seems like a m10s. Odd to have a 10th difference for 50USD. Maybe they don't want to pay my consulting fee for marketing, then they can get here free along with some import/export advice. Then I still hope the 48th unit has a efficiency mode nice though to have some product coming and put pressure on for competition. I'll probably always favor the bold. Edit: looking at pricing it'll still be far under Innosilicon T3 with duties/tariffs.

on paper the m20 at 48th looks very good for those with higher power cost. the m20 58th is a question mark?  as to whom it fits. I guess the bull miner.  If it costs 50 usd more and coins go up in price  it is a lot of hash for 50 usd.

Yea, then hoping for efficiency modes then the 58T is probably the stronger buy, though both look good.

The tax is based on the import date, not the purchase date.  So perhaps this could be a gamble that the trade issues will be resolved by then.

I'll have more details posted online soon. But I'm sure someone will delete my posts.

I have heard some rumors it may end  April 1 who knows.

The expiry for current talks with China will end this month I believe. So it will either have resolution, current 10% tariff rates don't increase to 25%, or 25% added tariff on all Chinese imports. Regardless this batch is priced well. The only issue buyers might face would be MicroBT wanting pull move like they did with the D1 late last year. I wouldn't gamble on COGs and prep for the worst. We're hoping for a good bulk pricing then if tariffs drop that only enhances our buyers positions and savings. Still the skeptic in me doesn't think much will come out of current political powers.

So, the M20 miner that is listed on the pango website is a pre-order, but the MicroBT factory has not even set a price yet, nor have they officially announced the product. I highly doubt the miner will be available for mass production until end of May or beginning of June. People will receive "demo" or "review" miners, sure, but any company right now pre-selling the M20 is doing so outside of MicroBT's knowledge or approval.

Well if that's the case than pangolin is sacrificing their reputation. It's where we source, no matter who we email or wechat with on mircobt's end. So far.