Antminer E9, Bitmain’s newest top-tier mining machine, has been released. Here are a few things you should be aware of if you plan to purchase a Bitmain Antminer E9.
Bitmain Antminer E9 is made for Ethash-based cryptocurrencies like Ethereum and Ethereum Classic, which use the PoW algorithm.
It’s unexpected that they would choose to make an Ethereum mining device available. Ethereum will stop supporting GPU and ASIC mining in 2022 when it switches to the Proof-of-Stake consensus algorithm. And yet, Bitmain has nonetheless made the Antminer E9 available despite all the unknowns. The company’s confidence in the new miner’s success is obvious.
According to the manufacturer, the performance of the new miner is comparable to 25 of the top-tier RTX 3080 graphics cards from Nvidia. Let’s discuss this miner’s profitability.
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What is Bitmain Antminer E9?
The Antminer E9 is the most potent ASIC cryptocurrency miner available right now, with a hash rate of 3 GH/s. Only 2.6 GH/s is the rate of the second-best miner available right now. In terms of mining performance, the E9 is now 15% faster.
But that’s not all. Compared to other Ethereum miners, the Bitmain E9 is also much more efficient. A second Ethereum miner needs 3000W of power to operate at 2.6 GH/s.
Additionally, Antminer E9 uses a lot of energy. And besides, it’s a big miner. It only consumes 2556W while operating, though. That makes almost 15% more efficient than the 2nd most powerful Currently obtainable Ethereum mining software.
Profitability increases with increased power and efficiency.
Who Makes the Antminer E9?
Jihan Wu, a Chinese hardware engineer and the company’s CEO, founded Bitmain. In 2014, Bitmain opened a new round of funding and invested in an Israeli ASIC design company called “Halong Mining.” It revealed that it had successfully raised $50 million when it made its announcement on December 5 of that same year.
The Antminer E3 was the most potent miner that Bitmain had at the time when it was released in July 2018. The most potent ETH miner available right now, though, is the Bitmain Antminer E9 (3GH), which is their most recent model. The E9 is certain to rank among the top miners in 2021 given its low cost.
Bitmain Antminer E9 Specifications
A high-performance Ethereum Classic mining device with a focus on profitability and efficiency, the Bitmain Antminer E9 is manufactured by Bitmain. Here are some of the key specifications of the Antminer E9:
- Hashrate: With a staggering hashrate of 3 gigahashes per second (GH/s), the Antminer E9 is among the most potent Ethereum Classic miners available today.
- Power consumption: For a miner with its hashrate, the Antminer E9’s 2,560 watts of power consumption are quite low. Due to its high energy efficiency, it lowers the overall cost of mining for users.
- The Antminer E9 is powered by the newest generation of Bitmain’s specially designed mining chips, the Antminer E9 ASIC.
- For a high-performance mining device, the Antminer E9 is surprisingly small at 468mm (L) x 412mm (W) x 232mm (H).
- Weight: The Antminer E9 is a relatively large and durable device, weighing about 25 kilograms.
- The Antminer E9 uses a dual-fan cooling system to keep its parts cool while it is in use. Since the fan system is so effective, the miner can run at maximum hashrate for extended periods of time without overheating.
- Compatible: The Antminer E9 was created specifically to mine Ethereum Classic using the Ethash algorithm. Other cryptocurrencies are not currently supported by it.
- An integrated web interface on the Antminer E9 enables users to remotely monitor and manage their mining operations. It appeals to beginning miners due to its user-friendly and straightforward interface.
How Fast is Bitmain Antminer E9?
The newest miner in the Antminer series is by far the most potent Ethereum miner currently available. The best Ethereum miner could only process at a rate of 750 MH/s just a few years ago. A machine with a much higher hash rate—more than 3 GH/s—is the Bitmain Antminer E9. It will be the most potent ETH miner available in 2021.
How Much Power Does Bitmain Antminer E9 Have?
One would need to purchase either 32 GeForce RTX 3080s or 25 GeForce RTX 3090s to achieve the same results as the Antminer E9. That would require a significantly larger initial investment, as well as additional expenses to run all of these cards simultaneously and additional storage space.
Profitability of Antminer E9
The profitability of the Bitmain Antminer E9 will be influenced by a number of variables, including the price of Ethereum Classic, the cost of electricity, and the difficulty of mining the cryptocurrency. The Antminer E9, however, has the potential to produce sizable profits for miners who use it effectively based on its hashrate and power consumption.
According to today's market estimates (Apr 23, 2024), the current price of Ethereum Classic is: $27.96, the Bitmain Antminer E9 (2.4Gh) can mine 0.24007944 ETC per 24 hours, which is a profit of $3.95 per 24 hours if the electricity cost is 6 cents/kwH.Overall, for dedicated Ethereum Classic miners who are willing to manage their operations efficiently and closely watch market conditions, the Antminer E9 has the potential to be a highly profitable investment. Before purchasing any mining equipment, it is crucial to carry out careful research and carefully weigh the costs and potential rewards.
How Does It Compare to Bitmain Antminer E3?
Many of you are aware that Bitmain didn’t create the Antminer E9 as the first Ethereum miner. The Bitmain Antminer E3 was unveiled to the world by the Beijing-based business in 2018. Only about 190 MH/s could be processed by this outdated version. This means that using the Antminer E3, you can only earn between $4.3 and $5.0 in Ethereum profits per day. There is no point in investing in the E3, even though it is much less expensive, because it will be completely out of date in 2021. Instead, you ought to spend your money on the Antminer E9.
Why Should You Use Bitmain Antminer E9
We have reached the article’s main thesis: why should you use the E9 over a different type of hardware? There are many factors contributing to the miner’s immense power. Here are some reasons:
Ease of Use
The Bitmain miner’s simplicity of setup, especially in comparison to other approaches to cryptocurrency mining, is one justification for purchasing one. This model could be a breath of fresh air for you if you have struggled to get your AMD or NVidia graphics card to function with a mining rig. The entire Bitmain system is ASIC-based and doesn’t need any drivers. It simply works right out of the box, saving you hours of frustrating debugging time.
Compact Size
The fact that it is so small is another excellent reason to purchase this ASIC miner. You can begin mining in even the smallest spaces because it occupies much less room than the typical GPU. This makes it a good option for people just starting out with Ethereum mining who don’t have much space available or even smaller-scale GPU miners who want to experiment with alternative hardware options.
Efficiency
The fact that this model is so effective is one of its greatest advantages. Naturally, since it is ASIC-based, this makes sense. However, even the most recent NVidia GPUs, which are also based on much older architectures, are significantly less effective at mining Ethereum than ASICS. With this model, you can anticipate receiving around 800 hashes per second.
Where to Buy?
We offer brand new Bitmain Antminer E9 ETC Miner with competitive prices and excellent customer service.
Bitmain Antminer E9 (2.4Gh) Ethereum Classic ETC Miner 1920 W
Final Words on Bitmain Antminer E9
Due to its reasonable price, simplicity of use, and, of course, extraordinarily high hash rate, Bitmain Antminer E9 ought to be your first choice if you’re looking to purchase the best miner on the market. This is the ideal crypto mining solution for you, regardless of your level of experience.
