The second-largest cryptocurrency network is moving away from Proof-of-Work (PoW) technology. Still, Bitmain, the world’s top maker of bitcoin (BTC) miners, will begin selling a new Ethereum rig model on its website on Wednesday. #ANTMINERE9 is equipped with a hashrate of 2400M, 1920W power efficiency, and power efficiency of 0.8J/M. E9 is an advanced Ethereum miner which enhances ETH/ETC mining operations. Sales start on July 6, 9:00 AM (ET) on the official #BITMAIN website. https://t.co/NWUUN9ZAZ4 pic.twitter.com/tsYD0ZZGck — ANTMINER (@Antminer_main) July 6, 2022 The Chinese rig manufacturer tweeted the news on Tuesday with the phrase “The Time Has Come.” Ether mining often uses graphics processing units (GPU), which are also used in other types of computing, in contrast to bitcoin mining, which is primarily carried out with Application-Specific Integrated Circuits (ASIC) or chips that are specifically designed for the task. In 2021, the rising demand for ether mining significantly raised GPU prices to the point where technology giant Nvidia (NVDA) introduced mining-specific GPUs. #BITMAIN announces #ANTMINERE9, equipped with a hashrate of 2400M, 1920W power consumption, and power efficiency of 0.8J/M, utilizing the Ethash algorithm for ETH/ETC. E9 is equivalent to 25 RTX 3080 graphics cards. Sales start on July 6, 9:00 AM (ET). https://t.co/Cmx6MJQUuP pic.twitter.com/PU9lvtNEEL — ANTMINER (@Antminer_main) July 5, 2022 Ethe...
