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Ethereum News

Bitmain Introduces New Ethereum ASIC Miner ‘AntMiner E9’

Written By Rajpalsinh
Published July 6, 2022 12:31 PM·Updated 2 years ago
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Bitmain introduces new Ethereum ASIC Miner ‘AntMiner E9’

As Ethereum 2.0 is about to commence, crypto mining hardware manufacturer Bitmain introduced its new variant Ethereum ASIC miner “AntMiner E9”. The sale for the same is going to begin tomorrow at 9 AM ET.

The new device has some advanced specifications such as a hash rate of 2,400MH/s, 1920 watts of power consumption, and power efficiency of 0.8 joules per minute. The firm claims that AntMiner E9 has the same potential as 25 RTX 3080 graphics cards combined. 

#ANTMINERE9 is equipped with a hashrate of 2400M, 1920W power efficiency, and power efficiency of 0.8J/M. E9 is an advanced Ethereum miner which enhances ETH/ETC mining operations. Sales start on July 6, 9:00 AM (ET) on the official #BITMAIN website. https://t.co/NWUUN9ZAZ4 pic.twitter.com/tsYD0ZZGck

— ANTMINER (@Antminer_main) July 6, 2022

Before the end of this year, the Ethereum blockchain anticipates the merge, which will convert its PoW (proof-of-work) consensus into PoS (proof-of-stake). Effective Ethereum mining will also be required because of the high hashrate expectations brought on by the Ethereum merge.

Also Read: Argentina’s Customs Seizes Crypto Mining Equipment Worth $21M

Prior to the merge, AntMiner E9’s release had been announced, and mining is not necessary for the Ethereum Merge to happen. The hardware uses the Ethash algorithm. Post-merge Ethereum mining will shift from PoW to PoS consensus and there will be no mining hardware required to create a new ETH.

Owing to this, the AntMiner E9 hardware can be better used to mine other cryptocurrencies based on the Ethash algorithm such as Ethereum Classic.

Read more about Ethereum

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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