Friday, May 7, 2021
Home Crypto News Market Bitmain Gave Some Info On Hashrate Of New ASIC Miner-Antminer E9

Bitmain Gave Some Info On Hashrate Of New ASIC Miner-Antminer E9

- Advertisement -

Last week, Bitmain announced the development of the Antminer E9 miner for the Ethash algorithm. Now the manufacturer has stated that the hashrate of the Antminer E9 will be higher than that of the 32 Nvidia RTX 3080 graphics cards.

Previously, Bitmain did not disclose details about the new ASIC miner, including the hashrate. However, now the official account of the Chinese manufacturer on the social network Twitter has released a teaser, according to which the hashrate of one Antminer E9 will be equal to a farm of 32 Nvidia RTX 3080 video graphics cards.


According to WhatToMine, one RTX 3080 video card produces a hash rate of 91.5 Mh/s when mining cryptocurrencies using the Ethash algorithm. Thus, 32 video cards will produce 2928 Mx/s. At current prices, the profit from one Antminer E9 miner excluding electricity costs will be $311 per day.

Bitmain still hasn’t announced a start date for the new ASIC miner. Also, the device cost and the power consumption are unknown, so it is not yet possible to calculate the payback of a new miner.

However, the indicators are already quite impressive – now the InnoSilicon A10 Pro model is the leader in the ASIC miners market for the Ethash algorithm, which produces up to 750 Mh/s.

The Antminer E9 hashrate will be four times higher than the current miner.

Recall that Nvidia is trying to limit the ability to mine cryptocurrencies on its video cards – miners are encouraged to use special devices called CMPs.  However, miners have been successfully circumventing the manufacturer’s restrictions so far.

Also Read: Bitmain Announced The Release Of New ASIC Miner For Ethereum Mining



- Advertisement -
Mark Brennan
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Bitmain Placed An Order With TSMC to Produce 5nm Chips for Crypto Mining

As Bitcoin and Ethereum reach record high prices, miners can increase their spending on equipment, and companies developing ASICs for mining do not waste...

Cardano CEO: May Will Be A Big Month For Us As We Are Now Leading The PoS World

Last few months of Cardano included Updates, upgrades, improvements and implementations. Cardano seem to be pretty much sticking to their roadmap.

Ripple Recent Q1 2021 Reports Shows Increase In Demand For XRP

Ripple released its quarterly report that highlighted the growing demand for XRP in the first quarter of 2021. The company's total XRP sales reached...

NEM Gets Stronger AS NEM Ventures Announced Mentoring & Financial Support Program “Ignite”

NEM Ventures, the investment division of NEM (XEM), announced that it will start the mentoring & financial support program "Ignite". ...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.

follow us in feedly