As Ethereum developers prepare for the blockchain’s shift to proof-of-stake (PoS), Bitcoin (BTC) and crypto-mining monolith Bitmain will start selling its latest Ethereum (ETH) mining rig AntMiner E9 on Wednesday.
Announced on Twitter Tuesday, the Chinese mining hardware manufacturer is releasing E9 details, featuring a hash rate of 2,400M, along with 1,920 watts of power consumption, and power efficiency of 0.8 joules per minute.
The new mining rig is similar to 25 Nvidia GeForce RTX 3080 graphics cards, according to Bitmain. The sales started at 9 am ET (15:00 CET) on Wednesday.
Bitmain initially released a teaser on the AntMiner E9 in a YouTube video back in April 2021. However, the model that goes on sale this week is slightly more efficient when it comes to energy consumption than what was expected last year, taking up to 0.8 joules per minute instead of the expected 0.85 joules per minute.
The mining rig will go on sale at a price tag of USD 15,000, with an additional USD 150 for shipping, according to its website.
AntMiner E9, claimed to be “the world’s most powerful Ethereum mining ASIC” by the company, said to deliver USD 5,280 in profit for mining Ethereum and USD 3,960 for mining Ethereum Classic (ETC) every month.
In addition to other Ethash coins, these rigs can mine those cryptocurrencies that use the proof-of-work (PoW) algorithm employed by Ethereum. Some of these coins involve ETC, Etho Protocol (ETHO), MOAC (MOAC), Halo Platform (HALO), and more.
However, the reason why AntMiner E9 is primarily known as an Ethereum miner was due to the lesser profitability of mining other coins in comparison to Ethereum.
Notably, the mining rig comes to the market as the second-largest crypto network is preparing to move from PoW technology to PoS, in a process also referred to as The Merge. This will remove the need for miners.
Ethereum developers expected that The Merge to be completed by the end of the year.
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