Bitmain E3 Ethash Miner ASIC (Batch 1 - Shipping:16-31 July. $800 USD)

[Marvell2]

So you pony up the money now, Bitmain will use the money to build these and run it for next three months. And send it you when its earns peanuts...


Wonder why they don't have stock already built and ready to ship?

lol don’t be fooled these things are already ready for launch they will mine with them and double the network
difficulty before they ship them, thus the july delivery date

[bigjee]

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.

I used to think this way.....until Bitmain started going after the 2 main algos that gpu's mine with (cryptonight and ethash).
You can already see word of a 51% attack with ETN in the news lately.  
I wouldnt be surprised if equihash is next...nothing is asic proof in theory and Bitmain has the funds to throw at to make it a reality.

[leowonderful]

We'll see if ETH actually forks like they've been talking about recently, that's the one thing I'm actually looking out for with the release of this miner more than anything else. This is a legitimate GPU killer like everyone else has already mentioned here, interesting that the sources reporting on this a few months back were actually right about the E3 existing.

[mindrust]

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.

I used to think this way.....until Bitmain started going after the 2 main algos that gpu's mine with.
I wouldnt be surprised if equihash is next...nothing is asic proof.

And no ASIC is fork proof. Hard Forks are the nightmares of Shitmain. Just fork. If they create another ASIC, fork again. They'll give up eventually trust me. Nobody can be that retarded.

[cuteman]

Power consumption: 800W
Hashrate: 180MH/s

far from profitable for me

getting 157MH/s with 570W from my 5x 1070 GTX

Far from profitable?  How may 1070's can you buy for $800USD?  

exactly ...
....how much you paid for your 5x 1070 GTX cards? and cpu, and hdd, and mem  and mobo and risers ?

Far from profitable?  

" Power consumption: 800W
    Hashrate: 180MH/s
    These are the conservative estimates. We expect the miners to deliver higher performance and efficiency when they are ready to ship."

- end of GPU game?  

[cuteman]

Just got email from Bitmain:
-----------------------------------
Dear subscriber,

We are proud and happy to announce the all-new Antminer E3, a new Antminer model for mining cryptocurrencies based on the hashing algorithm Ethash.

The Antminer E3 is estimated to deliver a minimum hashrate of 180MH/s while consuming 800W of total power.

The very first batch of the Antminer E3 is available to order now and all orders will be shipped as soon the miners are ready. Although this is estimated to be after 16 July 2018 (and before 31 July 2018), we will ship all orders as soon as the miners are ready.   

To prevent hoarding by some users or resellers and to ensure that more individuals around the globe are able to order this new ASIC miner:

There is an ordering limit of one miner per user.
The miner is unavailable in Mainland China.
The batch cannot be ordered if the delivery address is in Hong Kong, Macau or Taiwan.
Click below to learn the price or to order now:


Regards,

The Bitmain team

  

[bigjee]

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.

I used to think this way.....until Bitmain started going after the 2 main algos that gpu's mine with.
I wouldnt be surprised if equihash is next...nothing is asic proof.

And no ASIC is fork proof. Hard Forks are the nightmares of Shitmain. Just fork. If they create another ASIC, fork again. They'll give up eventually trust me. Nobody can be that retarded.

True that has been floated with the launch of the X3. While I applaud the effort to fork in reality not many devs support it.
If you read Zooko's comments he would rather spend time developing the coin as opposed to using the dev teams time to continuously fork every 3-6 months.

"ZcashCo engineers have recently been chatting about mining decentralization, including such ideas as changing the Equihash params, switching to a different PoW algorithm, making non-outsourceable PoW, switching to PoS, etc… My current position is that our mission is best served by improving the security, scalability, and usability of the product for end users, and that mining-decentralization is a struggle that is impossible to win in theory, and is long since lost in practice, and it is a distraction to worry too much about it. Instead I think we should design protocols which are censorship-resistant and user-protecting (and usable and scalable) even when there is only one miner in the world."
https://chat.zcashcommunity.com/channel/zcash-dev?msg=nz8oEHyACF3CHQ6HH17

[Marvell2]

This basically proves our point that bitmain has had these things raising the difficulty for month
same as the did destroying the profitablity of cryptonite coins.

I bet the only reason they are selling these thing preorder i they have a new stronger version the f3
that probably will replace thier internal e3 farm in june july and will tripple the diff making these useless

just goes to show people thing wecare looney when we say bitmain and the other chipmakers
have asics for every freaking algo, most of the hash rate of all algo except maybe x16

are asic powered, i would say a good 40 percent, most of thee thingz are keptin house

[rdluffy]

This basically proves our point that bitmain has had these things raising the difficulty for month
same as the did destroying the profitablity of cryptonite coins.

I bet the only reason they are selling these thing preorder i they have a new stronger version the f3
that probably will replace thier internal e3 farm in june july and will tripple the diff making these useless

just goes to show people thing wecare looney when we say bitmain and the other chipmakers
have asics for every freaking algo, most of the hash rate of all algo except maybe x16

are asic powered, i would say a good 40 percent, most of thee thingz are keptin house

Yes, not only me think that they have an F3 with more hashrate

[cryptovigi]

This basically proves our point that bitmain has had these things raising the difficulty for month
same as the did destroying the profitablity of cryptonite coins.

I bet the only reason they are selling these thing preorder i they have a new stronger version the f3
that probably will replace thier internal e3 farm in june july and will tripple the diff making these useless

just goes to show people thing wecare looney when we say bitmain and the other chipmakers
have asics for every freaking algo, most of the hash rate of all algo except maybe x16

are asic powered, i would say a good 40 percent, most of thee thingz are keptin house

Yes, not only me think that they have an F3 with more hashrate

hard times for GPU miners have come.....

[Apprentice]

well also comparing to rigs, do not forget the MB, CPU, RAM, power supply costs

[aliashraf]

The end near. Why Bitmain? No human compassion. Money rules your soul. Probably good news for gamers.  

Heh? 180 Mh/s for an ASIC? Bitmain is kidding? Jihan thinks we all are idiots, doesn't he? It is just a gpu rig with no flexibility and reusability, so what's the catch for gamers? gpus are still used out there, same power efficiency.

Ethash needs ram, any 'thing' that runs this algorithm, needs ram on the die if it is going to be efficient, so, it is a gpu in its essence and consumes the same amount of wafer as a gpu. Producing such a chip (if there is any truly new chip introduced by Bitmain) is a challenge like any other gpu with same bottlenecks and constraints.

[Goool]

You made rich and big the CHINESE company now this is the results

The same will happen if they will start grow as a country !

TRUMP was right ! CURRENCY MANIPULATORS !

BITMAIN IS TOXIC FOR MINING DO NOT BUY THEIR DOORSTOPS !
ETH HACK ATTACK IS COMING AS THEY STOLE BITCOINS FROM THEIR POOL , Antpool , don't forget !

[deadsix]

180mh at 800w is too close to a 6GPU RX 470/570 rigs numbers ... this makes me extremely suspicious this "ASIC" is just another attempt at putting multiple regular GPU dies on one mainboard PCB, kinda similar to what Pandaminer did with mxm module gpu's, but on a smaller form factor. I would love to see a teardown of these.

[hozerdev]

The cost is based on the current ETH price, if it goes up by Jul, the next batches will be more expensive.
The real cost is 800 + 200 shipping (in US) + 130 ATX power supply, roughly 1100$ at the current prices, close to zero resell value.
The same efficiency as GPUs.
Takes less space. Huge +++
A lot of noise, around 80dbl ?
So it will drive GPU prices down until they reach the equilibrium.

This won't kill GPU mining, but the GPU prices should get back to MSRP, that is a good thing.

[toptek]

Horrible ROI for a miner thats months away from release.

180 mh/s is barely 170$ a month. By the time they release it if prices dont go up that miner will be worthless. But yeah GPU mining is dead thats the cost of 2 rx 580

The thing is everyone is comparing it to the current (highly inflated) price of GPUs. If it wasn't for the run-up in GPU prices because something like this wasn't available last year those RX580's would probably be going for $150 each by now, so this would actually be more like the cost of 5 of them.

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.
 
So long-term I think this is actually great news, as it isn't quite the GPU killer everyone had feared. It beats out GPU rigs on price alone, but as I stated only because GPU prices are so over inflated right now. Once the E3 hits the market GPU prices will come back down to normal and probably become bargains. At that point I expect you can put together a 6x RX580 rig for closer to $1,100 by then, so it will be a even match considering the GPU rig will have other uses and resale value so worth the extra $300.

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The sense able posts GPU mining won't die just be slowed down some and then some thing new comes along it's back full @ force for a while. it's just sad it had to BE eth and Yet to come Zec , I guess they lied about it being ASIC resistant or the money did,it all ways happen that way good intentions at first an then the Money an greed, power steps in and ruins a good thing till the next good thing an then it's the same thing all over again .

[toptek]

180mh at 800w is too close to a 6GPU RX 470/570 rigs numbers ... this makes me extremely suspicious this "ASIC" is just another attempt at putting multiple regular GPU dies on one mainboard PCB, kinda similar to what Pandaminer did with mxm module gpu's, but on a smaller form factor. I would love to see a teardown of these.

I was thinking the same thing only 180 MH @ 800 watts . may be they can't really make a ASIC for eth or it cost to much and this is the best they can do or failed to do and need to sell off  failed samples to make some thing back . i can see why it only cost 800 bucks if they charged any more there would be complaints out the ASS .

[Smilee]

Yesterday the ethereum EIP guys started having much more serious technical discussions about a hard fork.  Maybe this scared Bitmain a little and they released this lame miner to take the pressure off and try to avoid a hard fork.  They probably already have a way more powerful version in the works and are mining with this already given the doubling in hashrate over the past two months.  

Also dont forget.....Halong, Baikal and others will be releasing their versions soon.....just like Cryptonight.

Hark Fork is best solution to kill asics, allow decentralization and reduce risk from mostly one company.

More importantly, we need miners to embrace Ethereum and support it....thus building community.  It should not be underestimated how big of a role that miners play in the success and the popularity of Ethereum.  Miners play a big role in public relations and building community and the ultimate success of Ethereum.  Dont scare them away by only allowing the big boys to play with massive Asic mining factories.

[MinedTangerine]

The cost is based on the current ETH price, if it goes up by Jul, the next batches will be more expensive.
The real cost is 800 + 200 shipping (in US) + 130 ATX power supply, roughly 1100$ at the current prices, close to zero resell value.
The same efficiency as GPUs.
Takes less space. Huge +++
A lot of noise, around 80dbl ?
So it will drive GPU prices down until they reach the equilibrium.

This won't kill GPU mining, but the GPU prices should get back to MSRP, that is a good thing.

Exactly, thats a very good thing actually for the GPU mining market. Insane inflated prices going down. And don't worry this won't kill GPU mining. The hashrate is the same as one GPU rig. It would take really a lot of these heaters to kill ethash. I actually like this ASIC announcment. First time for everything.

[bitpoet]

aaaaand its gone Sold out