A new Ether ASIC mining rig is on the way, but will it help ease Nvidia’s GPU problems?
Cryptocurrency mining rig manufacturer Bitmain announced the pending release of a new Ether (ETH) miner on April 16. The Antminer E9 model is an application-specific integrated circuit chip, which will run on the Ethereum blockchain’s Ethash algorithm.No official release date has yet been announced for the E9, however, the machine’s arrival may not be as impactful as first suspected. The rig faces competition in the form of Nvidia’s CMP (Cryptocurrency Mining Processor) range of GPUs, designed specifically for crypto mining. Meanwhile, Ethereum’s scheduled move away from proof-of-work towards a proof-of-stake consensus mechanism could mean the E9’s utility is short-lived.Nvidia recently announced that its CMP range was expected to rake in $150 million in profits in the first quarter of the year — three times more than the fir
Cardano (ADA) Price Prediction: ADA Holds Near Critical $1.0 level
Cardano’s (ADA) price extends the previous session’s losses on Thursday, trading with more than 2% losses. The price…
