Bitmain's Antminer E9 offers the Ethereum mining performance of 32 RTX 3080 cards

[midian182]

Why it matters: Bitmain, the Chinese crypto mining company, has teased its upcoming Antminer E9 Ethereum mining box. Not only is this welcome news for miners, it could potentially benefit PC gamers as the machine can mine at a hash rate equivalent to 32 GeForce RTX 3080s working simultaneously.

As reported by Tom's Hardware, the Antminer E9 has a rate of 3 GH/s, making it faster than the Linzhi's Phoenix Ethash ASIC miner that manages up to 2,600 MH/s. Additionally, Bitmain's offering uses less power—2,556W—than the Linzhi machine's 3,000W.

For comparison, we recently saw what will reportedly be the RTX 3080 Ti's Ethereum mining performance (without the limiter, presumably): 118.9 MH/s, putting it ahead of the RTX 3080's 95 MH/s and just under the RTX 3090's 120 MH/s to 125 MH/s.

An ASIC miner with the mining power of multiple RTX 3080 cards is going to have a price tag to match, of course. Speculation puts its anywhere between $20,000 and $40,000, but with the RTX 3080's eBay price averaging around $2,000-$2,500, 32 of the cards would set you back $64,000 - $80,000. Linzhi's Phoenix miner sells for between $11,300 and $13,700.

Hopefully, the Antminer E9's arrival will give Ethereum miners less reason to snap up what few RTX 3000-series cards are available. However, there's a caveat beyond just the price: the global chip shortage will doubtlessly ensure Bitmain's rig can't be produced in numbers large enough to meet demand, as is the case with every other ASIC miner right now. Moreover, miners are only a small part of the availability problem. Still, every little helps.

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https://www.techspot.com/news/89443-bitmain-antminer-e9-offers-ethereum-mining-performance-32.html

 

[QuantumPhysics]

A complete and total waste of energy and resources.

 

[Geralt]

A new toy for the kids.

 

[Cycloid Torus]

A complete and total waste of energy and resources.

..but so much more efficient than doing it with squirrel cages.

 

[Lew Zealand]

So that's $276/mo to run at $0.15 per kwh. Financially that's not insane as long as you can keep it in a garage or similar with decent airflow during the hotter months. I would not want to pay higher a/c bills for that thing, though it probably makes an nice overkill space heater in the winter. I wonder 2 things:

How long does it take this thing to recover $40K+$276/mo?
How many tons of CO2 does it produce using the world's average power generation scheme?

 

[OortCloud]

Governments need to ban Proof of Work based mining. It's a ludicrous waste of resources.

 

[VitalyT]

This gotta be a BS. If it has such performance, why bother selling it when you can mine the heck out of it yourself? That's like trying to sell a money printer, just doesn't make sense.

 

[RedGuard]

Governments need to ban Proof of Work based mining. It's a ludicrous waste of resources.

I disagree. Proof of work is an awesome idea. As long as the work serves a purpose like BOINC.

 

[Theinsanegamer]

Governments need to ban Proof of Work based mining. It's a ludicrous waste of resources.

Why do people want to ban everything via the government? Especially with this argument "well it wastes resources". That is one hell of a slippery slope you are inviting here, nearly every form of entertainment falls under that catagory, the last thing you want is the government telling you what activities waste few enough resources that you are allowed to enjoy them.

And let's not forget crypto serves a legitimate purpose: allowing commerce independent of big governments or big banks. Given the likes of Operation:Chokepoint have been reactivated this year, there is a very real and growing concern that alternative views could be used to shut people out of traditional banking systems as a means of financial censorship. Crypto works around that, and there's been growing interest from both individuals and businesses alike to decouple themselves from centralized systems. That's whats driving the crypto demand, and the source of that demand shows no signs of slowing down.

A complete and total waste of energy and resources.

Hey, just like gaming on your RTX 3090, or recording 4k video with your iphone 12 pro X!

 

[Geralt]

So that's $276/mo to run at $0.15 per kwh. Financially that's not insane as long as you can keep it in a garage or similar with decent airflow during the hotter months. I would not want to pay higher a/c bills for that thing, though it probably makes an nice overkill space heater in the winter. I wonder 2 things:

How long does it take this thing to recover $40K+$276/mo?
How many tons of CO2 does it produce using the world's average power generation scheme?

40K of illusions, miner.

 

[Lew Zealand]

40K of illusions, miner.

That's it? An assumption you got completely wrong but still felt the need to comment?

I was interested if people will actually buy these things instead of GPUs but you go on being you.

 

[Dimitriid]

Governments need to ban Proof of Work based mining. It's a ludicrous waste of resources.

Why do people want to ban everything via the government? Especially with this argument "well it wastes resources". That is one hell of a slippery slope you are inviting here, nearly every form of entertainment falls under that catagory, the last thing you want is the government telling you what activities waste few enough resources that you are allowed to enjoy them.

Well it's not hard to see why: if we don't have immediate action against any and all emissions, statistically, we will all be dead by 2060 or so. That's within most of our lifetimes but the lead up to it as soon as 10 years for now will be crop failures and famines for millions.

So even if you think you're immune once most of you need to pay 400 bucks per week for maybe a few cans of tuna fish and barely enough water to not die, you would probably be outraged but by then the damage is irreversible.

The problem here is trusting "the government" (That is, *ANY* government) will do anything at all to stop this: not a finger will be lifted because all governments (Yes, including "socialist" states) are only interested in controlling and ruling over others and protecting the 10 people that have half the money in the world right now.

And guess what? They're already planning for their children to just go on to Elon Musk's Mars colony anyway: they know they're dooming us all and do not care because making sure they remain the ruling class is more important than the survival of billions.

So while I understand *why* people want the government to ban cryptos, it's never going to happen: Just like they're never going to ban carbon emitting companies, commercial freight, industrial pollution, etc. Which is what's going to kill us.

The only way out is to stop believing the government can solve anything and to just remove all of them from power...Yes, by force.

 

[paul1122]

Can it run Crysis?

 

[Reehahs]

So that's $276/mo to run at $0.15 per kwh. Financially that's not insane as long as you can keep it in a garage or similar with decent airflow during the hotter months. I would not want to pay higher a/c bills for that thing, though it probably makes an nice overkill space heater in the winter. I wonder 2 things:

How long does it take this thing to recover $40K+$276/mo?
How many tons of CO2 does it produce using the world's average power generation scheme?

There was a company in UK that would replace your central heating radiators with their servers if you had a reliable internet connection. I wonder how they are doing now.

 

[Geralt]

Well it's not hard to see why: if we don't have immediate action against any and all emissions, statistically, we will all be dead by 2060 or so. That's within most of our lifetimes but the lead up to it as soon as 10 years for now will be crop failures and famines for millions.

So even if you think you're immune once most of you need to pay 400 bucks per week for maybe a few cans of tuna fish and barely enough water to not die, you would probably be outraged but by then the damage is irreversible.

The problem here is trusting "the government" (That is, *ANY* government) will do anything at all to stop this: not a finger will be lifted because all governments (Yes, including "socialist" states) are only interested in controlling and ruling over others and protecting the 10 people that have half the money in the world right now.

And guess what? They're already planning for their children to just go on to Elon Musk's Mars colony anyway: they know they're dooming us all and do not care because making sure they remain the ruling class is more important than the survival of billions.

So while I understand *why* people want the government to ban cryptos, it's never going to happen: Just like they're never going to ban carbon emitting companies, commercial freight, industrial pollution, etc. Which is what's going to kill us.

The only way out is to stop believing the government can solve anything and to just remove all of them from power...Yes, by force.

I liked that 'by force', but I remind you that they have the monopoly of violence.

 

[psycros]

I liked that 'by force', but I remind you that they have the monopoly of violence.

Armed and capable Americans outnumber their military 1000 to 1, have 10 times as many guns and have been hoarding more ammo as the extreme left has become more fascist. They have access to the same level of electronic intelligence as the enlisted troops. No, the US military will NOT use attack helicopters and tanks against regular citizens if civil war breaks out..it would utterly destroy the US government's credibility as being the world's biggest democracy. Even then any conflict would be ugly, chaotic and bloody. There's no guarantee that we'd end up better off than we started unless the generals who still put their oath to the Constitution first assumed control. As history has shown over and over the military needs the people and vice versa to effect long-term change, and we'll have to pray that wisdom and realism guide our return to a Constitutional government.

 

[mbk34]

Armed and capable Americans outnumber their military 1000 to 1, have 10 times as many guns and have been hoarding more ammo as the extreme left has become more fascist. They have access to the same level of electronic intelligence as the enlisted troops. No, the US military will NOT use attack helicopters and tanks against regular citizens if civil war breaks out..it would utterly destroy the US government's credibility as being the world's biggest democracy. Even then any conflict would be ugly, chaotic and bloody. There's no guarantee that we'd end up better off than we started unless the generals who still put their oath to the Constitution first assumed control. As history has shown over and over the military needs the people and vice versa to effect long-term change, and we'll have to pray that wisdom and realism guide our return to a Constitutional government.

After that post I would imagine your government is currently going through all your previous posts, emails and bank records as we speak. I know very little about etymology but does your name come from the mixing of the words psychotic and cross?

 

[Peter Farkas]

So that's $276/mo to run at $0.15 per kwh. Financially that's not insane as long as you can keep it in a garage or similar with decent airflow during the hotter months. I would not want to pay higher a/c bills for that thing, though it probably makes an nice overkill space heater in the winter. I wonder 2 things:

How long does it take this thing to recover $40K+$276/mo?
How many tons of CO2 does it produce using the world's average power generation scheme?

https://www.cryptocompare.com/mining/calculator/eth?HashingPower=3000&HashingUnit=MH/s&PowerConsumption=2556&CostPerkWh=0.11&MiningPoolFee=1
approx. 6 months for a full ROI, while the break even point would be much much sooner due to the resell value. This is why many will buy these. We need proper proof of stake to arrive. I agree the power consumption of mining is reaching ludicrous levels nowadays...

 

[Bobbydpue]

Governments need to ban Proof of Work based mining. It's a ludicrous waste of resources.

How would anyone enforce that ban?

 

[captaincranky]

How would anyone enforce that ban?

Gee, that's quite a mystery. How about ISPs enforcing usage limits?

 

[captaincranky]

This gotta be a BS. If it has such performance, why bother selling it when you can mine the heck out of it yourself? That's like trying to sell a money printer, just doesn't make sense.

Well, if you've priced top shelf lenses for SLR and high end movie cameras lately, you'r quickly realize that a private citizen has little to no chance of recouping their cost.

And then we come to the mining craze. As someone who was 15 at the time the US went off the "silver standard", I don't understand how an anonymous someone can plant strings of numbers on a server god knows where, and declare it to be, "money".

So then another someone or someones decides their string of numbers is worth money, in an endlessly repeating cycle.

And well, have any of you considered that these someones kept a hueh chunk of the strings, (I'm sorry, "block chains") foe themselves, and are living on their own island, with a yacht and a private jet at their disposal.?

For god's sake, even Amazon and Apple give you something tangoble for your money.

And yeah, I'm a "boomer", so f**king what?

 

[Knot Schure]

So that's $276/mo to run at $0.15 per kwh. Financially that's not insane as long as you can keep it in a garage or similar with decent airflow during the hotter months. I would not want to pay higher a/c bills for that thing, though it probably makes an nice overkill space heater in the winter. I wonder 2 things:

How long does it take this thing to recover $40K+$276/mo?
How many tons of CO2 does it produce using the world's average power generation scheme?

Based on todays values;
3GH/s with;
1% pool fee.
2556W continuous at 95% efficient PSU = 2683W
electricity @ $0.10/kwh

$185.22 USD/day.(over 5k usd / month)
8 months to pay back @ purchase price of $40k usd.

Each subsequent month is gravy...

This would be like owning the 'Conjure of Sacrifice', from the 'skeleton key'. You would never say so, if you had it...

 

[NightAntilli]

Some of you really need to watch this video;

 

[captaincranky]

Some of you really need to watch this video;

This guy comes out of his stall making more methane than 50 head of cattle.

Hey wait, let me break that down for you.............

 

[OortCloud]

I disagree. Proof of work is an awesome idea. As long as the work serves a purpose like BOINC.

I only said proof of work *mining*.
Imagine if all that mining resource had been dedicated to boinc!