Bitmain to produce its AntMiner E9 Regardless of the Ethereum Merge Edging Closer

AntMiner E9. Source: Bitmain

 

Bitcoin (BTC) and crypto-mining monolith Bitmain will begin selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday, even while Ethereum developers prepare for that blockchain’s shift to proof-of-stake (PoS).

China mining hardware manufacturer announced this news on Twitter Tuesday, detailing that E9 includes a hash rate of two,400M, together with 1,920 watts of power consumption, and power use of .8 joules each minute.

Based on Bitmain, the brand new mining rig is the same as 25 Nvidia GeForce RTX 3080 graphics cards. Sales will begin at 9 am ET (15:00 CET) on Wednesday.

Bitmain had initially teased the AntMiner E9 inside a YouTube video in April 2021. However, the model that is happening purchase now is a little more energy-efficient than was detailed this past year, consuming .8 joules each minute rather from the expected .85 joules each minute.

According to the website, the mining rig goes on purchase in a cost tag of USD 15,000, by having an additional USD 150 for shipping.

AntMiner E9, touted as “the earth’s most effective Ethereum mining ASIC” by the organization, states deliver USD 5,280 in profit for mining Ethereum and USD 3,960 for mining Ethereum Classic (ETC) every month.

The mining rig may also be used to mine other Ethash coins, individuals cryptocurrencies which use the proof-of-work (Bang) formula utilized by Ethereum. A few of these coins include ETC, Etho Protocol (ETHO), MOAC (MOAC), Halo Platform (HALO), and much more.

However, the profitability of mining other coins may not be similar to those of Ethereum, which is the reason AntMiner E9 is mainly referred to as an Ethereum miner.

Particularly, the mining rig involves the marketplace because the second-greatest crypto network is getting ready to escape from Bang technology to PoS, inside a process also called The Merge, that will remove the requirement for miners.

While there’s no specific date for that Merge, Ethereum developers expect so that it is performed by the finish of the season.

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