Investing and exchanging digital assets are ways to make a profit in the cryptocurrency market. Cryptocurrency mining provides a good opportunity to earn money. Today this...
Bitmain Released Antminer E9 Ethereum Miner Equivalent to 32 GeForce RTX 3080 Video Cards
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The Chinese company Bitmain has announced a new Antminer E9, which provides Ethereum hashing speed up to 3 Ghash / s, which is equivalent to 32 NVIDIA GeForce RTX 3080 graphics cards.
While there is no exact date for the start of sales, but according to the company, this will happen soon.
The use of gaming graphics cards for cryptocurrency mining, although it helps manufacturers produce an unthinkable number of high-performance accelerators, at the same time causes heavy damage to the traditional gaming systems market. The solution to the problem lies not so much in artificial restrictions, but in creating more effective specialized solutions, which is done not only by NVIDIA and AMD, but also by companies like Bitmain.
The Antminer E9 Ethereum compute modules are an Application Specific Integrated Circuit (ASIC). Such solutions are not universal, but more effectively cope with the specific tasks for which they are created, and therefore, they are cheaper with equal performance. An example is image processors - even in smartphones, they easily cope with highly complex data streams from cameras.
The Antminer E9 is currently the fastest ASIC miner available, surpassing even the Linzhi Phoenix Ethash ASIC at 2,6 Ghash/s. If crypto miners take advantage of the new product, they may decide not to buy NVIDIA Ampere, and perhaps players will finally be able to purchase video cards at a reasonable price.
While Bitmain has not revealed the details of the Antminer E9, except for its performance and power consumption - at the level of 2556 W (0,85 J/Mhesh). Thus, Antminer E9 is not only faster than the Phoenix miner, but also more energy efficient. For comparison, the Phoenix miner consumes 3000 watts. This means that Antminer E9 is 35,5% more energy efficient.
Obviously, an ASIC “mine”, equivalent in power to 32 top-end GeForce RTX 3080 video cards, will not be cheap. Miner Linzhi Phoenix is sold at prices ranging from $11 to $300. Obviously, the price of the new solution will be higher than $13. But if it were twice as expensive, it would still remain an attractive choice. In comparison, GeForce RTX 700 graphics cards currently cost $15 and up, and buying 000 of these accelerators (excluding the rest of the farm components) will cost a whopping $3080 - and miners are making these sacrifices. Of course, such complex ASIC solutions are not for poor cryptocurrency miners, but simple mathematics proves that they are the future. True, it remains to be seen whether Bitmain will be able to mass-produce its systems against the backdrop of a global shortage of electronic components.
NVIDIA, heeding the pleas of the players, released its specialized Cryptocurrency Mining Processor (CMP) accelerators in March, which are focused on Ethereum mining. For example, the NVIDIA CMP 30HX by Palit sells for $724 and offers 26 Mhash/s performance at 125W power consumption. CMPs do not have video outputs and therefore can only be used as a math coprocessor. NVIDIA recently updated its first-quarter CMP sales forecast, tripling its expectations to $150 million.
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