Posts Tagged ‘Bitmain

It seems that Bitmain is not over with new releases of ASIC miners, this time however the release may be only for the Asian market in the form of the new Antminer B3 ASIC miner for Bytom (BTM). The new Bitmain Antminer B3 is supposed to offer 780 H/s mining hashrate with 360 Watts of power usage and cost about $2700 USD with shipments starting tomorrow for a limited number of units (2500 only). What is more interesting here is that Bytom (BTM) is just launching their main network later today and mining will be just starting, so having and ASIC miner ready for pretty much the start of a crypto coin is something new. Then again Bytom has listed Bitmain as one of their partners on the website of the project, so that may actually not be of a much surprise.

If you are interested in more information about the Bytom (BTM) project….

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…

It seems that some people think that Bitmain has lowered the prices of their upcoming Antminer X3 Cryptonight ASIC miners, however that is not true, the company has just released new Batches 3 and 4 for pre-order and has removed the first two super expensive ones. Batch 1 of the Antminer X3 had a price of $11999 USD and should start shipping by the end of May and Batch 2 had a price of $7599 USD by the end of June. The prices of the first two batches are very important as well as their shipping dates are tied to the two new batches, so for example the new Antminer X3 Batch 3 with a price of just $3000 USD should start shipping after Batch 1 and the new Antminer X3 Batch 4 with a price of just $1900 USD should start shipping after Batch 2.

What Bitmain already did was screw over anyone that has ordered their Batch 2 devices as the new Batch 3 of the Antminer X3 Cryptonight ASIC should ship faster and at less than half the price. Actually the same goes for pretty much anyone that has ordered or plans to order any of the batches of the Antminer X3 Cryptonight ASIC miners from Bitmain, so consider wisely if you still have not purchased any, but are considering it. As we have already mentioned Monero (XMR) and a number of other CryptoNight coins are planning to fork to a new CryptoNightV7 POW that should make any of the current CryptoNight ASIC miners unusable, so a pretty risky thing to pre-order ASIC mining hardware at the moment and wait for it for a few months.


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