Technology content trusted in North America and globally since 1999
7,917 Reviews & Articles | 59,004 News Posts

Bitmain's rumored Ethereum ASIC miner could kill GPU mining

Bitmain rumored to be working on Ethereum ASIC miner, teased at 200-250MH/s for $2500-$3000
By: Anthony Garreffa | Cryptocurrency & Mining News | Posted: Feb 14, 2018 10:40 pm

Right now we're in one of the worst positions ever for consumer graphics cards, with prices sky high and stocks at rock bottom, most GPUs are being eaten up by crypto miners. What can help, other than a purported next-gen GeForce GTX 20 series and possibly mining-specific SKUs of GTX 20 series cards? Ethereum ASIC miners, that's what.

 

bitmains-rumored-ethereum-asic-miner-kill-gpu-mining_01

 

The latest news coming in from China is that mining giant Bitmain is working on an Ethereum ASIC miner, the purported Antminer F3. Bitmain's rumored F3 Ethereum miner would pack 3 motherboards with 6 ASICs per motherboard, as well as 32 x 1GB DDR3 memory chips that would make for a very power efficient, but incredibly powerful Ethereum ASIC miner. This would put GPU mining for Ethereum out of business, almost overnight.

 

Bitmain is reportedly meeting with a few manufacturers in Taiwan, so you can be sure that they're talking to TSMC and others in order to see how many chips they can get their hands-on.

 

The new ETH ASIC chips will begin production later this month, with the ASICs hitting 200-200MH/s and this could be even better with final hardware. We would be looking at between $2500 and $3000 for the Atminer F3 Ethereum ASIC miner, which is not too bad at all considering the purported 200-220MH/s mining power.

 

 

More Crypto News/Content:

 

Russian scientists busted mining crypto in NUCLEAR facility

6 x GPU packs now on sale for miners, GTX 1060s or GTX 1080s

NVIDIA says cryptocurrency demand 'exceeded expectations'

NVIDIA: 'we are 10x bigger than our GPU competitor'

GPU prices slightly better, GTX 1080 Ti is now 'only' $1100

Ledger owner? Your cryptocurrency can be easily STOLEN

$4 trillion wiped off stock market, tech stocks are HURTING

US credit card companies block cryptocurrency purchases

Samsung announces it's making cryptocurrency mining chips

NVIDIA Tesla V100: $8000 card is the BEST to mine Ethereum

Ripple (XRP) sets a new all-time record price of $3.17

Ethereum closes in on $1000, momentum isn't stopping

Ethereum reaches new record all-time high price of $870

Ripple (XRP) value blows up, bypasses Ethereum's market cap

Crypto expert kidnapped, had to pay $1 million BTC ransom

UnikoinGold is now available on Bittrex

Bitcoin could be worth $0, according to Morgan Stanley

Facebook Messenger malware mines Monero on users' PCs

Using 'blockchain' in new name, company shares rise 500%

MiningSky 8-GPU Mining Rig V1 Review

French dominatrix pimps clients out in 'Crypto Slave Farm'

North Korea hijacking cryptocurrency industry workers

Analyst: Bitcoin on its way to $400,000 - will happen soon

You can now mine cryptocurrency with your BODY

NEWS SOURCES:Steemit.com

Related Tags

Got an opinion on this news? Post a comment below!
loading