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| Antminer ethereum asic | However, Ethereum was supposed to be ASIC-resistant because it relies heavily on fast memory, whereas typical ASIC miners feature powerful processors that can crunch the numbers, but not much in the way of memory. Mining Pools. It would have been an incredibly good deal, since, at the current ETH price and difficulty, the miner would pay for itself in about 2 months. However, there is more to it. Most Popular. |
| Antminer ethereum asic | Furthermore, the miner will be an expensive paperweight once Ethereum moves over to the proof of stake model, which designates value based on how much you own rather than a proof of work value which relies on how much processing power you have to offer. Last year, around this time, an as-yet little-known GPU-mineable cryptocurrency called Ethereum started to gain traction in the market, and its value began to skyrocket, which kicked off the great cryptocurrency craze of in earnest. Save the settings and ASIC would start. However, Ethereum was supposed to be ASIC-resistant because it relies heavily on fast memory, whereas typical ASIC miners feature powerful processors that can crunch the numbers, but not much in the way of memory. Most Popular. Bitmain released a video for the new Antminer E9, which it claims will do the work of 32 graphics cards GPUs , the expensive processors typically coveted by PC gamers that are also used by miners to mine for ether and other coins. |
| Antminer ethereum asic | Exchange trading funds for cryptocurrency |
| Antminer ethereum asic | Install the firmware. Head to consensus. Related Articles. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. Bitmain expects the first batch of Antminer E3 units to roll out between July 16 and July These specialized devices are more powerful, and significantly more efficient at mining than graphics cards and CPUs. This way the developers made sure that the blockchain would function properly until the merge of PoW and PoS. |
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