Ethereum

Bitmains Antminer E3 To Continue Mining Ether With New Update

While some cryptocurrency miners are purportedly closing down as a consequence of unprofitability, Chinese mining large Bitmain continues to not alone see its new merchandise bought out still can be amelioratory few of its older flagship units.

Bitmain’s Antminer E3, a preferred ASIC miner was suspected to turn into out of date by April 2020, will proceed mining Ether (ETH) not to a small degree until October 2020.

Bitmain beforehand confirmed that Antminer E3 would cease mining Ether

According to a March 30 weblog publish, Antminer E3’s life-time is extended with particularly designed firmware launched by Bitmain. According to the announcement, the brand new firmware was developed to permit miners to proceed utilizing Antminer E3 “even after March 2020.”

Specifically, Antminer E3’s new firmware addresses an issue with directed open-chain graph (DAG) recordsdata, which was first reported by altcoin mining pool 2Miners in February 2020. According to 2Miners, DAG development was the first motive for limiting the aptitude of Antminer E3s for mining Ether and Ethereum Classic (ETC) as a consequence of restricted recall capability.

While Bitmain later confirmed the DAG development drawback, stating that its double date price (DDR) recall was approaching the restrict of 4GB, 2Miners deliberate that Antminer E3 would cease Ether mining roughly on April 8, 2020.

Bitmain’s firmware addresses DAG development challenge straight

However, Antminer E3’s life-time has now been prolonged with the brand new firmware that addresses the DAG drawback straight. According to Bitmain, the brand new firmware will broaden the use of DDR recall, as extra space is required to course of DAG recordsdata.

With the brand new firmware replace, the ultimate approximate block peak of the Antminer E3 is 11,400,000, the weblog publish says. While Bitmain is assured that E3 miners will proceed being operable after April 2020, the miner will still help mining till October 2020, in accordance with the agency’s calculations. Bitmain had not responded to Cointelegraph’s requests for remark.

Released by Bitmain in April 2019, Antminer E3 was touted because the “world’s most powerful and efficient EtHash ASIC miner.” As reported by Cointelegraph, Ethash is the Proof-of-Work (PoW) hashing algorithmic program used by Ethereum and a wide range of different altcoins corresponding to ETC. Meanwhile, the Ethereum community is poised to steady shift from PoW to Proof-of-Stake consensus.

Bitmains Antminer E3 To Continue Mining Ether With New Update

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Patricia Bakely

Earn Free Bitcoin Online with BTCpeek.com

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