Bitmain will start selling its new ASIC miner, the AntMiner E9, on Wednesday.
The new Ethereum miner will deliver a hash rate ofMining hardware manufacturer Bitmain will start selling its new application-specific integrated circuit miner AntMiner E9 on Wednesday.2,400M, 1920 watts of power consumption and power efficiency of 0.8 joules per minute, the company said on Twitter.
According to Bitmain, the E9 is equivalent to 25 RTX 3080 graphics cards. Sales will start at 9 am ET on Wednesday., when Ethereum mining revenues were on the rise. The launch is happening despite of Ethereum's move from proof-of-work to proof-of-stake, which is expected to happen later this year. Post-merge, the hardware can be used to mine other cryptocurrencies that rely on the Ethash algorithm.
In April 2021, Ethereum Miners were bringing in $1.68 billion in revenue, reaching an all-time high the following month . But revenues have since gone down significantly,© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.
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