Bitmain releases firmware for ETC mining on the E9 ASIC miner
This version so far only supports pools such as Antpool, Poolin, and F2pool
05.09.2022 - 11:30
482
2 min
0
What’s new? On September 2, cryptocurrency mining equipment maker Bitmain added new firmware for the Antminer E9, released in July. This version will allow Ethereum Classic (ETC) mining. The firmware comes ahead of Ethereum’s transition from Proof-of-Work (PoW) consensus algorithm to Proof-of-Stake (PoS), which will change the way coins are earned on the network from mining to staking. The firmware supports only Antpool, Poolin, and F2pool for now, versions for other mining pools are under development and will appear on the network soon.
What is known about E9? The ASIC miner was announced more than a year ago, when Ethereum mining revenues set a record, amounting to $2,4 billion per month.
The miner provides a hashrate of 2400 MH/s, which is equivalent to 25 RTX 3080 graphics cards. The power consumption of the device is 1920 W with a power efficiency of 0,8 J/M.
What is known about the Ethereum upgrade? The consensus algorithm change may also result in a split into two networks, one of which will continue to run on PoW. In August, the developers published a document refuting misconceptions related to the upcoming upgrade.
The developers also updated the roadmap for the upgrade. According to the document, the transition could take place as early as September 10. It will be done in two stages: the first upgrade, called Bellatrix, will be released on September 6 at 11:34:47 UTC, in case of its successful integration, the second upgrade, Paris, will be launched.
On September 3, AntPool, a mining pool associated with Bitmain, stopped supporting ETH. The project team noted that the network’s transition from the PoW to PoS carries the risk of censorship in various countries. For the sake of customers’ asset security, the pool will not support Ethereum on PoS. Earlier, AntPool invested $10 million in the Ethereum Classic ecosystem. Representatives of the service said that they would continue to invest in this area. The first investment will go toward developing and researching applications on the network to improve its performance.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$99 367
BTC
+1.82%
-
Ethereum
$3 321.01
ETH
-0.48%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.46
XRP
+30.67%
-
Dogecoin
$0.41286
DOGE
+7.26%
-
Cardano
$0.970894
ADA
+22.25%
-
Bitcoin Cash
$489.48
BCH
+1.51%
-
Polkadot
$6.3
DOT
+8.44%
-
Stellar XLM
$0.302732
XLM
+27.33%
-
Litecoin
$90.58
LTC
+2.05%