Ethereum

Bitmain’s Antminer E3 to Continue Mining Ether With New Update

While some cryptocurrency miners are purportedly shutting down as a consequence of unprofitability, Chinese mining large Bitmain continues to not solely see its new merchandise bought out however can be bettering a 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Bitmain’s Antminer E3, a preferred ASIC miner was suspected to turn into out of date by April 2020, will proceed mining Ether (ETH) not less than until October 2020.

Bitmain beforehand confirmed that Antminer E3 would cease mining Ether

According to a March 30 weblog publish, Antminer E3’s lifespan 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 acyclic 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 reminiscence capability.

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

Bitmain’s firmware addresses DAG development challenge straight

However, Antminer E3’s lifespan 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 utilization of DDR reminiscence, 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 nonetheless 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 algorithm utilized by Ethereum and a wide range of different altcoins corresponding to ETC. Meanwhile, the Ethereum community is poised to steadily shift from PoW to Proof-of-Stake consensus.

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