On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit.
Interested buyers can purchase the Antminer E9 with bitcoin (BTC), usd coin (USDC) and tether (USDT) tokens stemming from Ethereum and Tron. There’s a maximum of five units per account that can purchase the new Antminer, according to the website.
The new Antminer E9 can get an estimated profit of around $37.98 per day with an electrical cost of around $0.12 per kilowatt-hour (kWh) and using today’s ether exchange rates. The machine outpaces the top two Ethhash compatible competitors which include Innosilicon’s A11 Pro ETH miner with 1,500 MH/s and the A10 Pro+ ETH miner with 750 MH/s.
When The Merge takes place, the Ethereum network will transition fully to a proof-of-stake (PoS) system rather than use PoW. Currently, ETH miners can still mine ether but there’s also a parallel blockchain called the Beacon Chain which runs a PoS system.
After The Merge, miners will not be able to mine ethereum (ETH) going forward, but the miners can mine on the Ethereum Classic (ETC) network. Many expect the current hashrate that’s dedicated to ETH today, will transition over to the ETC network following The Merge.
What do you think about Bitmain’s Antminer E9? Let us know what you think about this subject in the comments section below?
