BITMAIN CONFIRMS PRODUCTION OF THE ANTMINER E9

Inpsur Mining is compiling a waiting list for orders of Bitmain’s highly anticipated E9 Ethash ASIC miner. As soon as Bitmain announces the release date and price we will update all clients on our waiting list and place futures orders with Bitmain based on the interest of those that have registered with us. To join our waiting list, please use the enquiry form at the bottom of this blog.

 

In a story on their official Instagram @officialbitmain, Bitmain has finally confirmed that the mysterious and long-awaited ASIC miner dubbed the E9 has been given the green light for production. The E9 was announced in 2021 with no release date in mind and only tidbits of information regarding the new miner available. It was completely shelved in the thick of the pandemic, due to uncertainty of ETH 2.0’s arrival and silicon shortages. Crypto miners have been waiting patiently for confirmation of this miner, and on March 10th, Bitmain announced that the E9 is indeed on its way, also cross-verified by Inspur’s purchasing representatives at the Chinese ASIC manufacturer.

 

The E9 is set to be the world’s most powerful single Ethereum / Ethereum Classic miner, which is the main reason there has been such hype surrounding this ASIC over the last 14 months. The E9 is apparently capable of an astonishing 3GH/s at a blissfully low power consumption of only 2,556 watts. This ratio creates an impressive 0.85J/M which in mining terms represents one very efficient machine. The power is equivalent to 32x Nvidia GeForce 3080 Non-LHR graphics cards. The closest competition Bitmain has at the moment in terms of Ethash solutions is Innosilicon’s A11 Pro, which can generate up to 1.85GH/s. We are omitting the Jasminer X4, touting 2,500mh/s which ceased production as of last week due to high costs and low demand versus its cost-effective X4-1U Blade offering. The E9 can generate around 70% more power than the A11 Pro. It would appear that the release of the E9 comes at a pivotal time in Bitmain’s history. It had been assumed for the last year that ASIC manufacturers would hold off on developing new Ethereum miners due to the shift in mechanics the Ethereum network is due to make, switching from a Proof-of-Work (POW) model towards a Proof-of-Stake (POS) model.

 

However, Ethash based ASIC miners, such as the Innosilicon A11 Pro and the Jasminer X4, have seen high sales volumes well into 2022 coupled with an ever-increasing demand for GPUs, even as stock levels improve. This is a strong indicator that there wouldn’t be sales of this magnitude if the product being sold does not still hold high value in the eyes of amateur miners and large mining ops. That is to say, Ethereum 2.0 is no longer a deterrent, and there is now consensus after the merge ASICs and GPUs will switch their hashing power to Ethereum Classic in swift order.

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