By the end of the year, Bitmain promises a new ASIC Antminer E9 for Ethereum mining


Characteristics of Antminer E9

The video begins with a rather pathetic question: “What can take the industry to a new level?” The answer is not long in coming - of course, a new ASIC from Bitmain, equivalent in production level to 32 video cards like RTX3080. The following are some brief characteristics:

Productivity - 3 Gh/s ;

Energy consumption - 2,556 W ;

Efficiency - 0.85 J/M .

If you use one of the online services and enter the initial data - 1 GPU like NVIDIA RTX3080 , you can see that using the Ethash algorithm such a card produces 95 Mh/s .

95 x 32 = 3,040 Mh/s 3 Gh/s actually declared by the manufacturer .

The power consumption of one video card is 240 W.

240 x 32 = 7,680 W (versus 2,556 W of potential ASIC).

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Antminer E9 is an ASIC from Bitmain for Ethereum mining, currently announced, and the most anticipated mining machine of this year. In fact, it is not on sale yet. In terms of power, it can be compared with 32 Nvidia RTX 3080 video cards, according to Bitmain itself. What do you think, is it worth getting involved with this device!?

When it comes to new models of third-party Bitmain ASICs with the SHA-256 algorithm, as well as predictions about the golden grail and so on... All this can be safely divided into good fairy tales and the truth that no one will tell you for sure.

Good and bad tales about Antminer E9

The power of Antminer E9 is equal to 25 GeForce RTX 3090 video cards (by the way, 120 MH/s each), or 32 GeForce RTX 3080 accelerators (94 MH/s). And most likely this is true.

How much will Antminer E9 cost!? At least based on the data we have above. It will be about $35,000 (3 million rubles). And even at this price it will be profitable, because the equipment in comparison is the same GeForce RTX 3090 costing 290,000 rubles each. 290k * 25 = 7,250,000 rub. We'll come back to this now. Let's switch to profitability for now.

Power consumption of Antminer E9 2256 W of electricity (0.85 W/m). And if we compare it with the same GeForce RTX 3090, where each card consumes about 350 W, which in total gives as much as 9 kWh. The one here is certainly three times more profitable.

Antminer E9’s income today, excluding electricity costs, is rumored to be about $310 per day.

Experts suggest the cost of Antminer E9 is at least $20,000 (1,500,000 rubles) or even $30,000 (2,250,000 rubles). In the first case, the payback will be 85 days, in the second - 127 days. How true is all this, do you think!?

Below you can see the tweet itself from Bitmain. Many users were indignant about the phrase “The world is on fire”; in essence, this is, of course, a marketing slogan, like are you ready to buy an Antminer E9 and set the world on fire? But many perceived it differently, comparing the date of the tweet with the tragedy (fire in China) and disruption of the coal power plant. Because of which the hashrate collapse actually occurred. Which was one of the reasons for the collapse of the price of Bitcoin and the entire crypto market.

#AntminerE9 is coming soon! Ready to set the world on fire! #Bitmain #Antminer #ETH #ethereum pic.twitter.com/NAFzE8F3iu

— Antminer_main (@Antminer_main) April 16, 2021

I would like to note that the state of affairs around this device is extremely positive. They will sell like hotcakes, people are already ready to buy them. The only question is whether it is worth doing. Sales will definitely not begin until the summer, and there will already be a London update for the airwaves and EIP-1559 as its component part. How this will affect mining is not yet particularly clear.

There are rumors that there will be an update that will disable ASIC mining on Ether. And this is quite possible.

I also read among the comments that Antminer E3 was one of the most profitable devices. And the next version in the form of Antminer E9 is like mana from heaven!

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