Mining

Sales of Bitmain’s new Ethereum ASIC miner to begin Wednesday


Mining {hardware} producer Bitmain will begin promoting its new application-specific built-in circuit (ASIC) miner AntMiner E9 on Wednesday.

The brand new Ethereum miner encompasses a hash fee of 2,400M, 1920 watts of energy consumption and energy effectivity of 0.8 joules per minute, the corporate stated on Twitter.

In response to Bitmain, the E9 is equal to 25 RTX 3080 graphics playing cards. Gross sales will begin at 9 am ET on Wednesday.

The brand new mannequin was introduced over a 12 months in the past, when Ethereum mining revenues have been on the rise. The launch is occurring regardless of of Ethereum’s transfer from proof-of-work to proof-of-stake, which is anticipated to occur later this 12 months. Publish-merge, the {hardware} can be utilized to mine different cryptocurrencies that depend on the Ethash algorithm.

In April 2021, Ethereum Miners have been bringing in $1.68 billion in income, reaching an all-time excessive the next month ($2.4 billion). However revenues have since gone down considerably, totaling $549.58 million final month.


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