Bitmain Antminer E9 Launching July 6th, 2022 - 2400M @ 1920W (1.25 MH/Watt)

[Meteorite777]

Was scrolling the socials tonight and saw this post from the official Bitmain account announcing the launch of the long-awaited E9 Ethash ASIC. Looks like the E9 is opening for order / pre-order tomorrow morning July 6th, 2022 @ 9 AM EST.

Thoughts, opinions, predictions?

https://imgur.com/a/5TP1J7L

I'm curious what the launch price will be given Bitcoin is currently priced under $20,000 and average going rate for GPUs seems to be $6/MH/s. I could see Bitmain pricing around $10/MH so my guess is between $20-25k.

[miner29]

Why not just go to Bitmain.com and see for yourself from Bitmain.  Looks like $9,999 currently. 

[Pendrak]

No worth it

[FP91G]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

[philipma1957]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

for me 10k plus 3000 trump tax and 6% New Jersey sales tax means about 14k for 2.5gh

I can get 3060ti for under 500 so 28 of them does

1.68 gh  3 year warranty

I can get rtx a2000 at 350 so 40 of them do 1.6 gh and 3 year warranty.

my power cost is low so I don’t worry that I would use a bit more power.

I like that the cards can work on many algos.

would have been nice to have those asics last year.

[adaseb]

Pretty sure those that order this and look inside their units they will find some type of dust because this reminds me of the Older Antminers that they always sold to retail market when profitability dropped.

They could of released this months ago and sold it for more but right now it’s a horrible time to be selling an ASIC such as this.

Pretty sure it won’t ROI ever.

[coinut]

Interesting timing of this release  . What I would like to know is what memory capacity this E9 has ? anyone know?  its not in the specs on the website I noticed.. which is not cool.

[miner29]

Interesting timing of this release  . What I would like to know is what memory capacity this E9 has ? anyone know?  its not in the specs on the website I noticed.. which is not cool.

If you look on Bitmains site right near the top of the overview for the unit states 6GB memory.

Im not saying its any deal at all.  Just that Bitmain is selling them and quoted the price.  As always DYOR..but no i wouldnt buy one. 

[coinut]

They updated the site since I posted , now I can see it. memory 6GB. Good for buyers to know, its really a bet that ethereum not going pos anytime soon and price for miner reflects that risk.

It would be interesting to see the bare hashboard. Maybe HBM memory on chip? 

[FP91G]

This is a table of asics for mining ethereum from this telegram channel
https://t.me/koliamainer/7453
I also think that when mining ethereum, classic video cards will have little chance of success. Red Panda Mining table author.

[swogerino]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

Buying that device now I agree is a very wrong idea,sure we have Ethereum Classic that we can mine with a 6 GB memory like the E9 is equipped for years to come but it could take some years to ROI with the actual price of Ethereum Classic near 15 dollars or somewhat more at best.For example with the actual profit of this miner if you mine Ethereum Classic it is almost 30 dollars so if the price of the ASIC is 20.000 dollars divided by 30 it takes 666 days or nearly two year to ROI.

The only possibility I would buy this device is if I have money to spare which I don't know what to do with and keep accumulating like near 2 Ethereum Classic daily for when the next bull run will come,and this is not something I recommend nevertheless.
Bottom line,not a good idea to buy an ASIC nowadays.

[adaseb]

666 is already pretty bad, maybe if it was half of that it would be bad however the issue here is that the difficulty for ETC won’t stay this low after ETH merge happens.

The 666 day could end up being double or triple. And before you know it, it’s another door stop. Which leads me to think who is actually buying these right now. Doesn’t seem to make any sense whatever. BTC asic I would understand but never for an altcoin ASIC.

[FP91G]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

Buying that device now I agree is a very wrong idea,sure we have Ethereum Classic that we can mine with a 6 GB memory like the E9 is equipped for years to come but it could take some years to ROI with the actual price of Ethereum Classic near 15 dollars or somewhat more at best.For example with the actual profit of this miner if you mine Ethereum Classic it is almost 30 dollars so if the price of the ASIC is 20.000 dollars divided by 30 it takes 666 days or nearly two year to ROI.

The only possibility I would buy this device is if I have money to spare which I don't know what to do with and keep accumulating like near 2 Ethereum Classic daily for when the next bull run will come,and this is not something I recommend nevertheless.
Bottom line,not a good idea to buy an ASIC nowadays.

I don’t like ASICs, but after the end of Ethereum mining, their price will drop dramatically, because there is nothing else to mine besides Ethereum Classic. Perhaps there are a few more coins, but there is no profit and no trading on the crypto exchange.
So soon it will be possible to buy cheap ASICs.

[swogerino]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

Buying that device now I agree is a very wrong idea,sure we have Ethereum Classic that we can mine with a 6 GB memory like the E9 is equipped for years to come but it could take some years to ROI with the actual price of Ethereum Classic near 15 dollars or somewhat more at best.For example with the actual profit of this miner if you mine Ethereum Classic it is almost 30 dollars so if the price of the ASIC is 20.000 dollars divided by 30 it takes 666 days or nearly two year to ROI.

The only possibility I would buy this device is if I have money to spare which I don't know what to do with and keep accumulating like near 2 Ethereum Classic daily for when the next bull run will come,and this is not something I recommend nevertheless.
Bottom line,not a good idea to buy an ASIC nowadays.

I don’t like ASICs, but after the end of Ethereum mining, their price will drop dramatically, because there is nothing else to mine besides Ethereum Classic. Perhaps there are a few more coins, but there is no profit and no trading on the crypto exchange.
So soon it will be possible to buy cheap ASICs.

Yes and I am interested in that 100 watt at 130 Mhsh iPolloV1 mini miner,hopefully their price will come down and I can buy like 3 of them for 800 USD,right now the price of one is 800 USD at eBay.These I think since they consume only 100 watt in power,can be kept at home as they must be quiet and not at all power hungry,I would be happy for 400 Mhsh for just 300 watt of power hourly.I am thinking of mining ETC with these and exchange to other coins that may be low in value to accumulate a lot of them and if the bull run happens to be ready.Even these are with just 3.8 GB power processing unit,the Dag size for ETC classic will be 4 GB on August 2025 so there is enough time to mine if I can get these for cheap.

[FP91G]

In August of this year, the ethereum dag file will be equal to 5 GB and 5 GB video cards will be mined with a lower hashrate. These asics now look good with a payback of 200 days, the situation is worse for bitcoin asics and video cards.

[agente]

There is always an opinion that these ASICs were mined when the profit was very large, and after the end of mining, the company decided to sell them. If they mine Ethereum Classic later, the payback could be long. Video cards are now cheaper.

for me 10k plus 3000 trump tax and 6% New Jersey sales tax means about 14k for 2.5gh

I can get 3060ti for under 500 so 28 of them does

1.68 gh  3 year warranty

I can get rtx a2000 at 350 so 40 of them do 1.6 gh and 3 year warranty.

my power cost is low so I don’t worry that I would use a bit more power.

I like that the cards can work on many algos.

would have been nice to have those asics last year.

2500 are 41 3060ti not 28. 41 3060ti cost about 20.500 used. E9 cost 10k plus customs or whatever