Goodbye GPU mining, Bitmain launches Antminer E3 ETH mining machine in overseas markets

As the main developer and supplier of virtual currency mining machines in recent years, Bitmain has made a lot of money just by selling mining machines, but its R&D capabilities are also jaw-dropping. Most virtual currencies have taken certain anti-ASIC mining machine measures in mining algorithms in the later period, but it seems to be a mantis trying to stop a chariot in front of Bitmain. It was previously rumored that Bitmain would launch the Ethereum ETH mining machine Antminer F3 in the second half of this year, but it was unexpected that it would come much earlier than expected. Yesterday, Bitmain launched the mining machine Antminer E3 in the overseas mall. This is the rumored ETH ASIC mining machine. Although the computing power is only 180MH/s, its price is only 800 US dollars, which will completely destroy the practice of miners continuing to use graphics cards to mine ETH.

Image from coinevil

The algorithm targeted by Antminer E3 is Ethash, which is a series of virtual currencies headed by Ethereum ETH. Although its computing power is not high, only 180MH/s, the power consumption is 800W, and the price is 800 US dollars, equivalent to RMB 5030. This computing power and price are undoubtedly a heavy stone that hits the graphics card mining machine hard.

Because the original ETH mining machine to achieve this computing power requires at least 9 GTX 1060 6GB or 7 RX 580 8GB. According to the current graphics card market, the cost of the mining machine platform alone is more than 20,000 yuan, not to mention the power consumption is more than 1000W.

In this way, the Antminer E3, which uses specially developed ASIC chips, has a super high cost-effectiveness ratio. Its computing power is similar to that of graphics card mining machines, but with low power consumption and low cost. It has huge advantages. Graphics card mining machines are expected to be out of fashion. This is major good news for game players. After all, there is no need to worry about the problem of graphics cards being unavailable and causing prices to rise for the time being.

According to previous news, each E3 mining machine has three computing boards, each of which uses 6 ASIC chips developed for the ETH algorithm. Following the example of graphics cards, each ASIC chip is equipped with 32 128MB DDR3 flash memory particles, so a total of 72GB of cache is available for use in one mining machine.

However, Bitmain is still selling futures this time. The Antminer E3 pre-ordered now will not be shipped immediately, and will not be officially available until July. Time is running out for graphics card mining machines. At the same time, Bitmain said that in order to ensure the fairness of sales, it will not ship to Hong Kong, Macau, and Taiwan for the time being. And it only accepts BCH Bitcoin Cash and US dollars as payment. The specific delivery time is from July 16 to July 30.