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Bitmain Antminer E9 Is As Powerful As 25 NVIDIA GeForce…

Cryptocurrency has skyrocket in worth and this thirty day period by itself, we saw the sale of $thirty million worth of NVIDIA CMP sequence mining cards to the Hut 8 Mining Corp. and the seizure of 300 stolen NVIDIA CMP 30HX cryptocurrency mining playing cards. Now, Bitmain has just teased the Antminer E9 Ethereum miner which has a hash charge of three GH/s.

Could The Antminer E9 ASIC Cryptocurrency Miner Be The Alternative To The GPU Lack? – Not likely, But It can be Nevertheless A Likelihood If The Stars Align For Bitmain

The Bitmain Antminer E9 is an ASIC miner aimed at Ethereum and it reportedly delivers a hash level of up to three GH/s in Ethereum mining. That much mining energy is the equal of twenty five NVIDIA GeForce RTX 3090s (120 MH/s for each 3090) or 32 RTX 3080s (94 MH/s for each 3080). In phrases of NVIDIA mining cards at present readily available, the Antminer E9 is equal to 115 CMP 30HXs (26 MH/s per 30HX). The Antimer E9 is also likely to draw a ton of electric power at two,556W, but it has an efficiency of .85 J/M. With that considerably ability, the Antiminer E9 could make around $236 for every working day with a $.thirteen for each kWh (typical cost of electric power in the US) electric power price tag factored in.

If the three GH/s hash rate declare is correct, that will make the Antminer E9 the most effective ASIC cryptocurrency miner on the industry. It would be out the Linzhi Phoenix miner which has a hash level of two.six GH/s. The Linzhi Phoenix is also considerably less electrical power economical at 3000W. This tends to make the Antminer E9 15.3% more rapidly in mining performance and fourteen.8% far more effective. This ASIC miner surely would not be low cost and the rumors now floating all around are that the Antminer E9 will market for about $twenty,000. Some even speculate that it could go up to $30,000. For comparison, the Linzhi Phoenix falls in the price tag array of $11,three hundred-$thirteen,seven hundred.

Ethereum Price (Supply: Coindesk)

If the value for the Antminer E9 falls concerning $20,000 to $30,000, the time to crack even will fall involving 85 times to 127 days. It can be absolutely a considerably greater investment than twenty five RTX 3090s which would price all around $75,000 on the resale marketplace placing the time to crack even at 311 times in the finest-scenario state of affairs assuming that electric power is inexpensive and the worth of Ethereum stays the same. Searching at this proposition, the Antminer E9 looks like an incredibly appealing acquire for a cryptocurrency miner.

Could this be the remedy to the graphics card shortage? Properly, the remedy could be either yes or no. If Bitmain can control to generate the Antminer E9 in huge adequate portions, it could unquestionably be a massive aspect of the remedy to the graphics card lack. Instead of graphics playing cards going into the palms of cryptocurrency miners, the miners will be occupied with the ASIC miner and consumers will lastly be ready to get their arms on the latest graphics cards. Much more realistically, Bitmain will most most likely not be able to generate the Antminer E9 on a big sufficient scale due to the world semiconductor lack.

The Bitmain Antminer E9 ASIC cryptocurrency miner will unquestionably compete with NVIDIA’s CMP collection of cryptocurrency mining playing cards. Even so, it is not likely it will carve out a significant element of the market place share as it is unreasonable to assume it will be built in large portions. Unfortunately for the buyer, the graphics card lack will persist except if the stars align for Bitmain.

The post Bitmain Antminer E9 Is As Impressive As twenty five NVIDIA GeForce RTX 3090s In Cryptocurrency Mining by Alex Casas appeared initially on Wccftech.