Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

THELOGICALINDIAN - The Ethereum networks 20 alteration has pushed the agreement to become one of the better staking networks in the apple with 1683905 ether bound into the arrangement account 1 billion today According to letters from China while proofofwork ethereum miners accept two years larboard to abundance the arch crypto asset ten Chinese mining rig manufacturers are reportedly antagonism to actualize a nextgeneration ether mining rig

The Ethereum 2.0 project has become one of the better proof-of-stake (PoS) networks common but while bodies can stake, miners still accept two years to advantage ASIC mining via proof-of-work (PoW).

According to stats, the ETH 2.0 contract has 1,683,905 ether bound up which is agnate to added than $1 billion USD application today’s barter rates. This week, bounded letters from China acknowledge that ten mining rig manufacturers are allegedly “speeding up” development for a new blazon of ethereum miner.

The acumen for the blitz to body a next-generation ethereum miner is because of the bound time larboard PoW will be available. Financial columnist Vincent He said that an ethereum mining rig alleged the “E7” was produced by Bitmain in July 2024. According to letters at the time, the E7 produced 800 megahash per additional (MH/s).

However, there was never any accumulation assembly of the E7’s sales alike admitting monitored abstracts had apparent the miners were operating in the wild. A new miner actuality discussed and speculated aloft is alleged the “E9” miner and Vincent He says that theoretically, the E9 has alert the achievement speeds of the E7.


If a being was to advantage a abstract E9 archetypal with 1600MH/s, again the being could accomplish $52 per day per apparatus with electrical ante at $0.06 per kWh. The miner would be ridiculously assisting if prices remained the aforementioned or climbed higher, as today’s top apparatus alone has an achievement of 720MH/s.

The apparatus is bogus by the aggregation Innosilicon and the A10 Pro Ethminer was aloof appear this month. In fact, for the ethash accord algorithm, Innosilicon commands the top ethereum-based miners with hashrates amid 485MH/s to 720MH/s.

There accept additionally been rumors of field-programmable aboideau arrangement (FPGA) ethereum mining solutions actuality invoked over the abutting two years as well. Right now, bodies appraisal a backing of 32 ETH ($20,778) will accumulate almost 13% or $2,800 annually if ETH prices are at $650 per unit.

An Innosilicon A10 Pro Ethminer ranges in amount amid $6,500 to $7k per unit. It would booty added than 250 canicule to pay off the apparatus at $0.06 per kWh and application today’s ETH barter rates. In time, ethereum miners may acquisition it added admired to alpha staking ethereum or delay for machines like the abstract E9.

What do you anticipate about Chinese mining manufacturers acceleration bottomward to actualize a next-generation ethereum mining rig? Let us apperceive what you anticipate about this accountable in the comments area below.

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