Whereas some cryptocurrency miners are mentioned to be shut down On account of profitability, the Chinese language mining large Bitmain is just not solely seeing its new merchandise out of stock but additionally improves a few of its older flagship gadgets.
Bitmain beforehand confirmed that Antminer E3 would cease mining Ether
In keeping with a March 30 blog post, The lifetime of Antminer E3 is prolonged with specifically designed firmware launched by Bitmain. In keeping with the announcement, the brand new firmware has been developed to permit miners to proceed utilizing Antminer E3 “even after March 2020”.
Particularly, Antminer E3's new firmware fixes an issue with focused acyclic graphic recordsdata (DAG), which first reported by altcoin mining pool 2Miners in February 2020. In keeping with 2Miners, DAG progress was the principle purpose for limiting Antminer E3 & # 39; s skill to mine Ether and Ethereum Basic (ETC.) as a result of restricted reminiscence capability.
Whereas Bitmain then confirmed the DAG progress problem, stating that Twin Date Price (DDR) reminiscence was nearing the 4GB, 2Miners restrict calculated that Antminer E3 Ether mining would cease about April 8, 2020.
Bitmain firmware instantly solves the DAG progress drawback
Nonetheless, the lifetime of Antminer E3 has now been prolonged with the brand new firmware that instantly addresses the DAG drawback. In keeping with Bitmain, the brand new firmware will broaden the usage of DDR reminiscence as more room is required to course of DAG recordsdata.
With the brand new firmware replace, the ultimate estimated block peak of the Antminer E3 is 11,400,000, says the weblog publish. Whereas Bitmain is assured that E3 miners will be capable to proceed working after April 2020, in accordance with the corporate's calculations, the miner will assist mining till October 2020. Bitmain had not responded to Cointelegraph's requests for remark.
Released by Bitmain in April 2018, Antminer E3 was touted as & # 39; probably the most highly effective and environment friendly EtHash ASIC miner & # 39 ;. As reported by Cointelegraph, Ethash is the Proof-of-Work (PoW) hashing algorithm utilized by Ethereum and quite a lot of different altcoins reminiscent of ETC. In the meantime, the Ethereum community is step by step on the verge shift from PoW to Proof-of-Stake consensus.