On April 3, 2018, the Chinese based firm Bitmain Technologies had launched it’s latest miner the Antminer E3. The new pre-manufactured mining rig processes the hashing algorithm Ethhash, the PoW consensus protocol for the Ethereum network. Lately, Bitmain has been releasing a bunch of new products including the Antminer X3 which mines Cryptonight algorithms for coins like monero, and a slew of other mining devices.
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The Latest Ethhash and Cryptonight Miners
Bitmain is a well-known manufacturer of cryptocurrency mining hardware and other related services. The company was founded in 2013 by Jihan Wu and the firm has made quite a name for itself over the years. Last year the company produced a whopping revenue of over $4 billion, making it one of the largest technology companies in China. The company has been making BTC miners for quite some time, and soon offered both dash and litecoin miners as time passed. Just recently the firm has officially launched two more miners which have caused heated discussions among network participants throughout a few cryptocurrency ecosystems.
The new Antminer E3 claims to operate at 180MH/s
This week the company launched the Antminer E3; a cryptocurrency mining device that processes the Ethhash (an ethereum ETH) hashing algorithm. The machine boasts a 180MH/s and the company has started shipping batch one. The E3 launch announcement had riled up a bunch of ethereum community members who are quite sour that an application-specific integrated circuit (ASIC) device of this magnitude has been released to the public. Members of the ethereum community are already calling for a faster hard fork to avoid these types of ASIC miners. Some ETH community members explained that the creation of these devices supported the need to have “a regularly scheduled PoW change, like monero.”
The latest Antminer X3 mines Cryptonight coins like monero.
The monero (XMR) community has been facing the same dilemma, as Bitmain has just launched the Antminer X3 which mines the Cryptonight hashing algorithm. This means coins like monero, boolberry, and other Cryptonight-based coins can be mined using the X3 at a rate of 220KH/s, according to Bitmain. Because of this new mining device situation, the privacy-centric cryptocurrency monero plans to hard fork and call itself moneroV (XMV).
Halong Miners Dragonmint Claims to Produce 16 Terrahash and Utilize ASIC Boost Technology
Bitmain has competition coming as well as development teams from DMM, GMO Group, and more. Further, this week individuals started receiving their Halong Mining Dragonmint 16T1 SHA-256 miners which, according to the company, are highly efficient cryptocurrency ASIC processors. Halong says the miners are a brand new generation of devices that claim to produce 16TH/s and also advertise the devices use of overt ASIC Boost technology.
The Dragonmint series advertises that it uses ASIC Boost technology. The machines have shipped
