Magicminer Unveils BG01
SHENZHEN, China – September 1st, 2025 – MagicMiner, a top innovator in blockchain hardware, today launched the BG01. This new home crypto miner is made for beginners. It is compact, energy-saving, and easy to use. The BG01 lets anyone start mining cryptocurrency quietly and affordably. It supports many SHA-256 coins. Like the BG02 model, it fits into a PC like a standard GPU. But it does not work as a graphics card. It is built only for mining.
The global crypto mining hardware market is growing fast. Research firm QYReports says it will pass $51.75 billion by 2031. MagicMiner, founded in 2023 in Shenzhen, is leading the way in home mining tech.

A New Step in Home Mining
The BG01 offers strong performance with low energy use. It runs at 4.5 TH/s using only 120W of power. That’s as much as a gaming laptop. Its energy efficiency is a top-level 26.5 J/TH. It also works very quietly—under 40 decibels. That’s quieter than a fridge. With plug-and-play setup, users can mine Bitcoin, Bitcoin Cash, and 40+ other coins with ease.
BG01 vs. BG02: Performance and Value
The BG02, released in July 2025, is a high-performance miner loved by users. The new BG01 keeps the same quality design but is more budget-friendly. The BG02 mines at 7 TH/s, while the BG01 runs at 4.5 TH/s. But the BG01 uses even less power. This makes it a smart, cost-saving choice for new miners. It’s reliable, simple, and perfect for starting out at home.
Built for Everyday Users
“BG01 turns mining from an industrial task into a consumer experience,” said a Tom’s Hardware review. “It’s not a big factory machine—it’s a smart miner made for your living room.”
Since August 2025, over 50,000 BG01 units have shipped to 30 countries. It already holds over 15% of the home mining market. Its easy use also makes it popular in blockchain training programs.
Global Growth and Investor Support
In June 2025, MagicMiner began a worldwide partner plan. It now works with top mining pools like Coinbase Cloud and Binance Pool. The company has raised $465 million from backers like NFDG Ventures and CapitalG. It is now valued at over $1.5 billion.
What’s Next for MagicMiner
MagicMiner will launch a new SHA-256 miner by late 2025. It aims to boost performance and green mining. As CEO JC Lai said at the 2025 Consensus Conference:
“We want every home miner to become a green energy converter. Our goal is carbon-neutral mining for everyone.”

About MagicMiner
Founded in 2023 in Shenzhen, China, MagicMiner specializes in developing consumer-focused crypto mining hardware. By combining advanced ASIC technology with compact design, MagicMiner makes home crypto mining accessible to individuals, educators, and small businesses worldwide.
Media Contact: MagicMiner PR Department
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Website: http://www.magicminer.cc/
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