On July 6th, cryptocurrency mining rig maker Bitmain announced the launch of the long-awaited Antminer E9 after unveiling the device on April 15, 2021. The machine boasts speeds up to 2.4 gigahashes / second (GH / s), and Bitmain is a $ 9,999 device per unit.
Bitmain launches Antminer E9 for $ 4.17 per megahash
447 days later make clear Antminer E9, Bitmain has finally launched the product.Company publication Launched on July 6, 2022, “[The Antminer E9] Equipped with a hash rate of 2,400 [MH/s], 1920W power efficiency, 0.8J / M power efficiency. E9 is an advanced Ethereum miner that enhances ETH / ETC mining operations. “
The new Antminer E9 leverages the consensus algorithm Ethhash, with a hash power of 2,400 MH / s equivalent to 2.4 GH / s. At $ 9,999 per unit, the E9 is $ 4.17 per megahash, and delivery will take place from July 15th to 31st.
Interested buyers can buy the Antminer E9 with Bitcoin (BTC), usdcoin (USDC), and Tether (USDT) tokens from Ethereum and Tron. According to the website, there are up to 5 units per account where you can purchase a new Antminer.
The new Antminer E9 can generate an estimated profit of about $ 37.98 per day, with electricity prices of about $ 0.12 per kilowatt hour (kWh), using today’s ether exchange rates. This machine outperforms the top two Ethhash compatible competitors, including the 1,500 MH / s Innosilicon A11 Pro ETH miner and the 750 MH / s A10 Pro + ETH miner.
E9 launches ahead of Ethereum’s proof of stake transition
Bitmain’s latest Antminer E9 is coming when Ethereum’s Proof of Work (PoW) mining is nearing the end of the road at The Merge. The merge has been postponed many times, but ETH developer Tim Beiko says, “At this point, we strongly recommend that you do not invest any more in mining equipment.”
While Beiko issued its statement in April, Ethereum’s hash rate reached a record high of 14,902,285 block heights on June 4, 2022, when the hash rate reached 1.32 peta hash / sec (PH / s). Was recorded.
Once the merge is done, the Ethereum network will completely migrate to the Proof of Stake (PoS) system instead of using PoW. Currently, ETH miners can still mine ether, but there is also a parallel blockchain called the Beacon Chain that runs PoS systems.
After merging, miners will no longer be able to mine Ethereum (ETH), but miners will be able to mine on the Ethereum Classic (ETC) network. Many expect today that the current hash rate dedicated to ETH will move to the ETC network after merging.
What do you think of Bitmain’s Antminer E9? Please let us know what you think about this subject in the comments section below.
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