Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge – Mining Bitcoin News

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 introduced the launch on July 6, 2022, and stated “[The Antminer E9] is equipped with a hashrate of 2,400 [MH/s], 1920W power efficiency, and power efficiency of 0.8J/M. E9 is an advanced Ethereum miner which enhances ETH/ETC mining operations.”

The new Antminer E9 leverages the consensus algorithm Ethhash and the 2,400 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 should purchase the Antminer E9 with bitcoin (BTC), usd coin (USDC) and tether (USDT) tokens stemming from Ethereum and Tron. There’s a most of 5 models 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 immediately’s ether alternate 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 highway with The Merge. While The Merge has been delayed on a number of events, ETH developer Tim Beiko stated he “strongly suggests not investing more in mining equipment at this point.”

While Beiko stated that assertion in April, Ethereum’s hashrate tapped an all-time excessive 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 totally to a proof-of-stake (PoS) system reasonably than use PoW. Currently, ETH miners can nonetheless mine ether however there’s additionally a parallel blockchain referred to 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 immediately, will transition over to the ETC community following The Merge.

Tags on this story

Antminer E9, Bitmain, Bitmain’s Antminer E9, E9, E9 miner, ETC, ETH, ETH Developer, ETH mining, Ethereum Classic, Ethereum Network, Ethhash, Gigahash, Hashrate, Innosilicon’s A11 Pro ETH miner, megahash, Mining Rig, New Miner, PoS, PoW, The Merge, Tim Beiko

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,700 articles for Bitcoin.com News in regards to the disruptive protocols rising immediately.

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