Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

On July 6, the crypto mining rig producer Bitmain introduced the launch of the extremely anticipated Antminer E9 after revealing the machine on April 15, 2021. The machine boasts speeds of as much as 2.4 gigahash per second (GH/s) and Bitmain is promoting the machine for $9,999 per unit.

Bitmain Launches Antminer E9 for $4.17 per Megahash

447 days after revealing the Antminer E9, Bitmain has lastly launched the product. The firm announced the launch on July 6, 2022, and stated “[The Antminer E9] is supplied with a hashrate of two,400 [MH/s], 1920W energy effectivity, and energy effectivity of 0.8J/M. E9 is a sophisticated Ethereum miner which boosts ETH/ETC mining operations.”

The new Antminer E9 leverages the consensus algorithm Ethhash and the two,400 MH/s of hashpower is the same as 2.4 GH/s. At $9,999 per unit, the E9 is $4.17 per megahash and supply will happen on July 15-31.

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

Interested consumers can buy the Antminer E9 with bitcoin (BTC), usd coin (USDC) and tether (USDT) tokens stemming from Ethereum and Tron. There’s a most of 5 items per account that may buy the brand new Antminer, in line with the web site.

The new Antminer E9 can get an estimated revenue of round $37.98 per day with {an electrical} price of round $0.12 per kilowatt-hour (kWh) and utilizing right now’s ether change charges. The machine outpaces the highest two Ethhash suitable rivals which embrace Innosilicon’s A11 Pro ETH miner with 1,500 MH/s and the A10 Pro+ ETH miner with 750 MH/s.

E9 Launches Ahead of Ethereum’s Proof-of-Stake Transition

Bitmain’s newest Antminer E9 comes at a time when Ethereum proof-of-work (PoW) mining is nearing the top of the street with The Merge. While The Merge has been delayed on a number of events, ETH developer Tim Beiko said he “strongly suggests not investing extra in mining gear at this level.”

While Beiko stated that assertion in April, Ethereum’s hashrate tapped an all-time high on June 4, 2022, at block top 14,902,285 when the hashrate reached 1.32 petahash per second (PH/s).

When The Merge takes place, the Ethereum community will transition absolutely to a proof-of-stake (PoS) system somewhat than use PoW. Currently, ETH miners can nonetheless mine ether however there’s additionally a parallel blockchain known as the Beacon Chain which runs a PoS system.

After The Merge, miners will be unable to mine ethereum (ETH) going ahead, however the miners can mine on the Ethereum Classic (ETC) community. Many anticipate the present hashrate that’s devoted to ETH right now, will transition over to the ETC community following The Merge.

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