New Antminer E9 for Ethereum mines the equivalent of 32 NVIDIA RTX 3080

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Avatar for Luis2020Diaz
3 years ago
Topics: Cryptocurrency

The new Antminer would hit the market with a hashrate of 3GH / s. This mining power is the equivalent of 32 RTX 3080 graphics cards. We can get this news on your official Antminer Twitter account.

The difference between the power consumption between the Antminer E9 and the 32 TRX 3080 graphics cards is considerable. While the 32 RTX 3080 GPUs have a total consumption of 8,000 watts, the Antminer E9 has a consumption of 2,556 watts, that is, a power consumption of less than 68%. This difference only in energy consumption allows obtaining greater profitability in the mining of Ethereum.

It remains to known how much its price will be and the launch date. Some users are concerned that the launch will take a long time, as this would shorten the life of this equipment with respect to the mining life that the machine may have before the difficulty of Ethereum can increase.

Ethereum Mining Post Consensus Algorithm Change

Ethereum 2.0 seems to be just around the corner. After its launch, in December of last year, the first steps have already begun to change the consensus algorithm, rendering the new Antminers useless, but only for the Ethereum network. The Antminer E9 is a miner specifically designed for the Ethash mining algorithm, which uses Ethereum and cryptocurrencies on the ERC 20 network such as Ethereum Classic.

The launch date could be late 2021 or early 2022. This would greatly reduce the life of the E9.

The profitability that an Antminer E9 can be compared to that of 32 RTX 3080 GPUs, which would currently be $ 245 USD per day, while in the Ethereum Classic it is much lower at only $ 136 USD per day. This information can found at WhatToMine.

Conclution

I think that Antminer should put these machines on the market as soon as possible, after announcing their creation. It would be great. However, we know this is not the case and the time it takes to get these machines to market is valuable. If I have a few RTX 3080s I could be generating a good amount of Ethereum before their difficulty can increase or they announce new updates on the Ethereum network.

 

You can leave your opinion in the comments if you think the RTX 3080 GPUs are more profitable or wait until the Antminer E9 arrives. You can also share this publication with other people who can use this information. Don't forget to subscribe.

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Avatar for Luis2020Diaz
3 years ago
Topics: Cryptocurrency

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