Before the merger, Bitmain releases the 2,400 Megahash E9 Ethereum miner.
On July 6, the cryptocurrency maker of mining platform Bitmain announced the launch of Antminer E9, following the announcement of the device on April 15, 2021. This device has a speed of 2.4 GHz per second (GH / s) and is sold by Bitmain. $ 9,999 per unit. After 447 days since the introduction of Antminer E9, Bitminer has finally launched this product. The company announced a launch on July 6, 2022, and “[AntMiner E9] has a capacity of 2,400 [MH / s], a power efficiency of 1,920 W, and energy efficiency of 0.8 J / M. E9 is an advanced Ethereum miner that improves ETH / ETC mining performance.
The new Antminer E9 enhances the Ethhash consent algorithm and has a hash power of 2400 MH / s, which is equal to 2.4 GH / s. Priced at $ 9,999 per unit, the E9 costs $ 4.17 per megabyte and is scheduled to ship on July 15-31. Interested buyers can purchase Antminer E9 via Bitcoin (BTC), USD Coin (USDC) and Tether (USDT) tokens generated by Ethereum and Tron. According to the website, a maximum of five copies of the new Antminer can be purchased per account. The new Antminer E9 has an electrical cost of about $ 0.12 per kilowatt-hour (kWh) and can generate a profit of about $ 37.98 per day at the current Ether rate.
The Ethereum hashrate peaked on June 4, 2022 at block 14,902,285 and hit 1.32 petahashes per second (PH / s) when Beiko made this news in April. The Ethereum network will totally move from a Proof of Work (PoW) method to a Proof of Stake (PoS) system once the merger occurs. Although the Beacon Chain, a parallel blockchain, runs the PoS system, ETH miners can still mine ETH at this time. Following the merger, miners will be able to mine the Ethereum Classic Network rather than Ethereum (ETH) (ETC). Many anticipate that following the merger, the hashrate now assigned to ETH will be transferred to the ETC network.
Read more: Tether responds to the rumours about its commercial paper portfolio.