Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

On July 6, the crypto mining rig manufacturer Bitmain declared the launch of the extremely anticipated Antminer E9 when revealing the device on April fifteen, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is mercantilism the device for $9,999 per unit.

Bitmain Launches Antminer E9 for $4.17 per Megahash

447 days after revealing the Antminer E9, Bitmain has finally launched the merchandise. The corporation declared the launch on July 6, 2022, and affirmed “[The Antminer E9] is supplied with a hashrate of 2,400 [MH/s], 1920W power potency, and power potency of 0.8J/M. E9 is a sophisticated Ethereum manual laborer which boosts ETH/ETC mining operations.”

The new Antminer E9 leverages the agreement algorithmic program Ethhash and therefore the 2,400 MH/s of hashpower is adequate to 2.4 GH/s. At $9,999 per unit, the E9 is $4.17 per megahash and delivery can come about on July 15-31.

Interested consumers can buy the Antminer E9 with bitcoin (BTC), usd coin (USDC) and tether (USDT) tokens stemming from Ethereum and Tron. There’s a maximum of 5 units per account that may purchase the new Antminer, in keeping with the web site.

The new Antminer E9 will get a profit of around $37.98 per day with an electrical value of around $0.12 per kilowatt-hour (kWh) and using today’s ether exchange rates. The machine outpaces the highest 2 Ethhash compatible competitors that embody Innosilicon’s A11 professional ETH manual laborer with 1,500 MH/s and therefore the A10 Pro+ ETH manual laborer with 750 MH/s.

E9 Launches before Ethereum’s Proof-of-Stake Transition

Bitmain’s latest Antminer E9 comes at a time when Ethereum proof-of-work (PoW) mining is nearing the tip of the road with The Merge. whereas The Merge has been delayed on multiple occasions, ETH developer Tim Beiko aforesaid he “strongly suggests not finance additional in mining instrumentation at now.”

While Beiko affirmed that statement in April, Ethereum’s hashrate reached Associate in Nursing incomparable high on June 4, 2022, at block height 14,902,285 once the hashrate reached 1.32 petahash per second (PH/s).

When The Merge takes place, the Ethereum network can transition totally to a proof-of-stake (PoS) system instead of using POW. Currently, ETH miners will still mine ether however there’s conjointly a parallel blockchain known as the Beacon Chain that runs a PoS system.

After The Merge, miners won’t be able to mine ethereum (ETH) going forward, however the miners will mine on the Ethereum Classic (ETC) network. several expect the present hashrate that’s dedicated to ETH nowadays, can transition over to the ETC network following The Merge.