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

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

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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.


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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.

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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

 

 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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