Bitmain Antminer E3 Ethash ASIC Miner is Now Official

3 Apr
2018

There were rumors, leaks and information about an upcoming Ethash ASIC miner from Bitmain for months, but now it is official as the company has announced their Antminer E3 device. The first ASIC miner capable of mining Ethereum (ETH) and other crypto currencies using the Ethash / Dagger-Hashimoto algorithm is capable of delivering 180 MHS hashrate at 800W of power usage and will cost you $800 USD. The first batch of Antminer E3 Ethash ASIC miners is scheduled to start shipping 16-31 July according to Bitmain’s website, so the devices should start appearing in the first user’s hands sometime in August, although the devices will probably be up and running on the network before that.

Looking at the specifications, you are essentially getting the equivalent of a regular GPU mining rig for Ethereum in terms of hashrate and power usage, but in a more compact and cost efficient format with the Antminer E3. Unfortunately the word is that besides Bitmain a couple more companies have also been working on Ethash ASIC miners, so soon we may start seeing more announcements with different specs similar to what happened with the recent wave of Cryptonight ASICs. So you should be careful when you are doing the math and considering if you should invest in the first generation of Ethash ASIC miners now, you if you should wait a bit more and see… especially considering they are not shipping immediately at this point. We also need to see what will be the response of Ethereum to the ASIC miners now that they are available as they may decide to follow the same road that Monero (XMR) choose – to fork the mining algorithm with the idea to continue to be ASIC-proof or switch to POS sooner than expected.

For more details about the new Bitmain Antminer E3 Ethash ASIC miner on the official website…



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13 Responses to Bitmain Antminer E3 Ethash ASIC Miner is Now Official

Ignac Balogh

April 3rd, 2018 at 17:11

More interesting with current DAG of ETH.

frankfurtlife

April 3rd, 2018 at 17:22

So it’s the same as six overclocked and modded 8GB 470’s/570’s, consumes the same but costs less. That’s not an asic, and look at the size of this thing. It has six gpus inside thats for sure. But those cannot be resold to gamers after they become unprofitable.

I’m not worried anymore about asics on ethereum destroying gpus

I'v got the power

April 3rd, 2018 at 19:33

a) it is good that an asic dont kill all gpu-miners because of much more power + the difficulty dont raise like fuckhell, you know me – so 180MH is acceptable for 800$
b) hate that practice that bitmain sell months before they ship……….. f u c k O F F
c) I dont think will buy it

Wolf

April 3rd, 2018 at 20:26

Looking at that and the calc on etash not worth it at all. My Antminer L3+ make more money.

Disco

April 3rd, 2018 at 20:44

Vote with you dollars. Bitmain is a stain on the crypto-community. Do not buy this…let them rot on the shelves.

oddman

April 3rd, 2018 at 22:49

Underwhelming spec. 180 MHS @ 800W. Any reasonable 6 GPU rig should be able to do that (albeit for about $2500). I’ll pass.

Don't buy Bitmain

April 4th, 2018 at 00:22

Another vote against Bitmain

max

April 4th, 2018 at 06:47

I watched the difficulty, and it rised a lot since november. it seemed strange because it was difficult to buy graphics cards. how could the hashrate increase 2 times if there was not an increase of the same number of graphic cards sold for mining ?

I was suspecting some chineses to have developped ASICS.

you know, bitmain develops asics, mine with them, then sell them ONLY when they are about to produce the next generation of ASICS. so they only sell old harware.

180MHS@800W is okay, but their production cost is way less than the same machine build with graphics cards.
they must have bought chips directly from AMD, and developped their own design around them

I expect them to have thousands of those mining already.

Paul

April 4th, 2018 at 08:22

I don’t think they will hard fork, take a quick look at https://antminere3.com/ They say it will only earn $3-4/day – this is a JOKE and nobody will buy it. If nobody buys it, what’s the point of hard forking?! That’s a huge development decision and nobody is going to even buy this ugly thing… It’s not even profitable until you keep it mining for over an entire 6+ months at current ETH value. What a JOKE bitmain, if you released something around 500-1500 Mh/s, then I could see people purchasing it, but what’s the point of this low Mh/s unit? gross… Also, if you check https://antminerprofitability.com/antminer-e3-profitability/ or any other profitability site, you can quickly see why it would be the most worthless investment ever.

rubyx

April 4th, 2018 at 08:56

it means they have been mining for months with their ASICS… or even a year already

admin

April 4th, 2018 at 12:00

Update from Bitmain:

“We have received a very promising response to the Antminer E3 batch. Thank you for that.

Many of our buyers have been unhappy about the limit of one miner per user that we had set to prevent hoarding and to allow more individuals to purchase this limited stock of the Antminer E3. To allow all individuals to buy more units and, at the same time, prevent hoarding, we have now increased the limit to five miners per user.

We have also removed the geographical restrictions to allow our international buyers located in Hong Kong, Macau and Taiwan to buy the Antminer E3. Buyers in Mainland China can still not buy this batch.”

zaza

April 4th, 2018 at 22:41

this thing gone make soud lika old diesel motor

T P S

April 4th, 2018 at 22:52

a Nicehash machine.. not much more. It will have DAG file issues about anywhere else and the ETH devs are threatening to go POS.. All other devs will find a workable solution (such as bloated dag files or the need for more GPU ram or both). Pay out on Nicehash will drop as they will be obligate to mine other coins that have been left to ‘mature’..

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