Home » livecoinwatch api » This is the very first ASIC everzwijn to be released for thesis coins.

This is the very first ASIC everzwijn to be released for thesis coins.

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This is the first ASIC ever to be released for these coins.

CryptoNight, Ethash and now it’s Equihash, wij don’t know which algorithm is next. For a long period Equihash is an ASIC resistant mining algorithm and NVIDIA GPUs are known to solidly perform on Equihash. Also a large part of the Zcash network wasgoed engaged by NVIDIA miners and that’s due to the fact that they yield good profit on Equihash based coins. Well with the latest release of Bitmain Antminer Z9 Mini, Equihash is no longer ASIC resistant! Looks like a fresh crowd of miners are going to join the vertoning soon. Will this waterreservoir NVIDIA mining profitability? Let’s discuss about that.

Bitmain Antminer Z9 Mini – 10K Sol/s on Equihash @ 300 W

Among the Cryptocurrency miners, especially NVIDIA miners the hot discussion is about Antminer Z9 Mini. Lately Bitmain, the largest producer of ASIC miners have announced the release of their fresh ASIC monster called Antminer Z9 Mini. Its available for order and the shipment of very first batch is expected by the end of June (according to the official webstek).

This Antminer Z9 Mini works on Equihash algorithm that is you can mine all coins based on Equihash. Some of the popular crypto currencies that uses Equihash are ZCash (ZEC), Bitcoin Gold (BTG), Bitcoin Private (BTCP), Komodo (KMD), ZenCash (ZEN), ZClassic (ZCL), BitcoinZ (BTCZ) and Hush (HUSH). This is the very first ASIC everzwijn to be released for thesis coins. Also by looking at the specs it could very likely make GPU mining vanish soon, atleast on this algorithm.

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Bitmain Antminer Z9 – Equihash ASIC miner specifications:

Hashing Algorithm: Equihash

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Power Consumption: 300 Watts

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Mining Profit: $50 – 60 USD / day at current estimates

Antminer Z9 Mini – A comparison with GPU

Let’s make a quick comparison with the most expensive and high performing GPU, NVIDIA GTX 1080 TI. A equipment of 6 x 1080TI will produce anywhere around 4300 Sol/s on Equihash (at max) @ 1200 watts. Atleast Two of such equipment is needed to rival with 10K Sol/s which would cost more than $10000 (at current market value). It is Five times the price of Antminer z9 Mini. Moreover Bitmain promises 10K Sol/s 5% at a very low power consumption of only 300 watts which is truly excellent.

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Conclusion:

Looks like the fight inbetween GPU vs ASIC is never ending. Spil soon spil this tweet flashed from Bitmain it has shaken the GPU miners and there are mixed of opinions among the miners. Some say its SCAM and some say it’s time to switch the spel and use GPUs for what is actually made. Are wij nearing the end of GPU mining? Not indeed. Bijzonder from Equihash there are many algorithms and most of its main intention is to be ASIC resistant. Also coins like Bitcoin Gold and few other Equihash coins have already announced that they will hardfork and make Z9 worthless for mining.

So far there is no reaction from Zcash. Community suggests Zcash to switch the algorithm to Equihash v2, v7 or something like that to fight back ASICs. But will they fork? They never promoted themselves spil tegenstrijdig ASICs specifically like CryptoNote coins. So wij need to wait on that and see if they are truly going to support network decentralization.

10K Sol’s @ 300W is earnestly a spel changer, what do you think? Are they worth a buy or they’ll become obsolete ter few months. Whatever, spil usual DYOR before you invest ter it and recall there is no refund and the warranty period is limited for such machines.

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3 thoughts on “This is the very first ASIC everzwijn to be released for thesis coins.

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