May 15, 2021

Bitmain will release a new ASIC for ether mining

Bitmain will release a new ASIC for ether mining

Bitmain has announced the release of a new miner for mining ETH, so far without a specific timeframe.

New model Antminer E9 designed specifically to work with the Ethash algorithm of the Ethereum blockchain.

Specific characteristics of the device so farunknown, but ASIC miner from InnoSilicon issues from 500 to 750 MH / s for ETH mining. The E-9 should be superior in power. Even if the capabilities of the new equipment reach 1500 MH / s, the timing of its release remains questionable.

Ethereum's planned transition from Proof-of-Work to Proof-of-Stake and intense competition from Nvidia's GPU lineup could reduce demand for new hardware.

Subscribe to ForkNews on Telegram to stay updated on news from the world of cryptocurrencies