Is Antminer E9 price worth paying it? – Miner Land

Antminer E9 can handle a 3GH/s hash rate which is comparable to 32 GeForce RTX 3080 graphics cards however consuming less electricity power of only 2556W. Antminer E9 price is estimated to be 19,000 USD which seems to be high but an evaluation of 49,000 USD in a year shows that it is worth it to invest in it.

The previous Antminer E models with 190 MH/s were less competitive to handmade rigs. However, the Antminer E9 is the ultimate success for miners as its advantages outweigh its high price. Even the fact that Ethereum PoW protocol is changing to PoS will not drop this device’s position because its ROI is estimated to be a few months only.

Antminer E9 price: History

Bitmain has always been the world’s most active ASIC miner producer since the mining business commenced. Bitmain Technologies Ltd., founded in Beijing China by Jihan Wu and Micree Zhan in 2013. Soon, the company flourished and expanded its production lines. They introduced the Antminer series which has been successfully equipped and used in the crypto mining industry.

It has been almost everyone is aware of the Antminer’s prophecy in the mining zone. The company’s popularity has been grown significantly thanks to the Antminer S9 production. Antminer S9 profitability has been great for many years though it had been outdated as the Bitcoin mining difficulty has been increased. Also, Bitmain Antminer S9 is limited to BTC mining. So, they started producing mining devices for the EtHash protocol which is drawing much attention. Now the company has introduced a new model called Antminer E9 which is said to be the most powerful Ethereum miner. Antminer E9’s price is reasonable and its features are tremendously powerful.

Growth of EtHash Algorithm

Using gaming graphics cards for mining purposes has become so common in the crypto mining industry especially ETH mining. Many technologists equip mining rigs using such GPUs and CPUs to gain hashing power for mining Ethereum based tokens. One point is that at the end of the day those GPUs are valuable and can be sold in the market. Also, these GPUs can be reused for gaming and designing purposes. Thus, at the end of the day, those GPUs are valuable and can be sold in the market.

Assembling crypto mining rigs requires special skills and years of experience which makes it difficult to do as an ordinary person. Thus, there is a barrier to entry for newcomers. ASICs then showed up for ETH mining and dominated as a simple profitable alternative. The user-friendliness of configuring an ASIC makes enlarged its popularity in ETH mining. On the other hand, we faced a tsunami of new miners wanting to invest in the mining industry by exploiting plug-and-play types of devices. Thereby, the ETH mining difficulty has increased significantly, adding up to its tremendously high gas fees. Generally, the EtHash algorithm is still so profitable which led to more investment in this area.

Antminer E9 specifications

The release time of Antminer E9 is mentioned as “coming soon” on many websites, however, the Antminer E9 price is given on some other websites. The size of the mining device is common and can be applied for developing a mining farm. Its weight is 14.2 Kg which is quite normal for such a powerful device. Its noise level is 75db which is the same as other highly profitable crypto mining devices. The power consumption of E9 is utilized at 2556W and is somehow equal to other mining devices. Equipped with four fans that delay depreciation which is common in all mining devices.

Antminer E9 (3Gh) comparison

Bitmain Antminer E9 (3Gh) is among the most profitable crypto mining devices. The table below shows that E9 has got the third position in terms of generating a profit by making $121 in a day after Goldshell KD6 and KD5 by making $207 and $141 respectively. iBeLink BM-K1+ and Jasminer X4 come below Antminer E9 by making above $100 daily profit.

Bitmain Antminer E9 is the top profitable miner in comparison to other manufacturers of EtHash algorithms. As shown in the table Jasminer X4 is the second most profitable EtHash miner and Innosillicon A11 Pro ETH comes with three models of 2000 Mh, 1500 Mh, and 750 Mh which position respectively the third, fourth, and fifth profitable ETH mining devices.

Conclusion

Antminer E9 uses the Ethash algorithm designed for Ethereum mining and it stays above the competition. Its 3GH/s computation power which only 2556W power consumption makes it unbeatable in the mining market. If we compare Antmnier E9 to other available Ethash miners, we will find three times greater power and two times better efficiency. It also provides a low noise factor which is a very smooth factor to create mining farms. Therefore, the Antminer E9 price is worth paying it and it can be an excellent choice for the industrial miners who either mine for themselves or provide cloud mining for others.

The Bitcoin network was introduced to the world in 2009 by an unknown individual or group called Satoshi Nakamoto. In 2021, there are more than 10,000 different projects in the field of cryptocurrencies, each of which, having its role in building the future of money.

The market value of cryptocurrencies reached $ 1 trillion for the first time in January 2021 and passed $ 2.5 trillion in less than three months later, which shows that this market is one of the growing markets in the favor of its investors.

Bitcoin Cloud Mining is the process by which you participate in a mining pool to a cloud miner website and purchase a certain amount of hash power. In this pool, the profit is distributed equally among all participants who have participated in the mining pool based on hash power. The cloud miner platform allows you to mine your Bitcoin without installing any hardware and at no extra cost.  Minerland, the best crypto cloud mining service, helps you invest in Bitcoin easily and with low risk.

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