What Coins Can Antminer S9 Mine (Can Antminer S9 Mine Ethereum)

Antminer S9 can mine which coins? Antminer S9 can mine what coins? The price of Bitcoin reached a peak of $50,000 during the bull market in 2017. With the popularity of Ethereum and the impact of Bitcoin halving, the price of Ethereum has also been rising steadily. As the cryptocurrency market develops, the demand for digital assets is increasing, and more and more people are paying attention to mining and Bitcoin-related products. According to official website information, there are many mainstream mining machine sales on the market: Bitmain’s Asic mining machine, Canaan Technology’s Antminer S19Pro, etc.; Smaller M30 series mining machines; Chip dynamic T2G (MicroBT) new generation Antminer S17E (Antminer new product).

It is understood that many customers have consulted whether this machine can provide computing power services. But if you don’t understand what the new machine does, you need to first understand the value of computing power. What coins can Antminer S9 also mine? What coins can Antminer S9 mine? How to use it? We will answer these questions through the following ways:

1. Use Antminer S9 to purchase graphics cards.

2. Purchase some products that miners want to get more income (such as BitMicro S18+ or Bitdeer Little Deer S16 series), and then connect these devices to your mining farm. In this way, it is equivalent to owning a new computer-Antminer S9 Pro. Of course, there are now some other brands that provide similar services, such as Bitpie Wallet and Yijie’s inexpensive smart hardware.

3. Choose a professional technology company for investment or a senior investor in the industry. For example, China Telecom, which went public in August this year, has stated that it has established strategic cooperation with multiple blockchain companies and plans to launch a new game DApp called “Chain Game”. “Chain Game” (Decentralized GameFi) is a scalable platform that allows users to freely switch between different blockchain networks and allows them to perform cross-chain operations from various different nodes. “Chain Game” is a virtual world application that operates based on this consensus mechanism. Therefore, at this stage, most projects will adopt this solution. But due to the design of ASIC chips, mining is easier. So when investing, we must consider the cost issue.

Can Antminer S9 Mine Ethereum?

Editor’s note: This article is from the Fenghuolun community (ID: FHBT18), author: Peipei, authorized reprint of Odaily Star Daily.

Recently, some media reported whether Antminer S9 can mine Ethereum or not? According to the official statement, the main Bitcoin hash rate currently used in the market is 1Mhash/s, which is about 50,000 RMB; and according to the latest information released on the Bitmain official website,S19Pro and T17 series can already support ETH2.0, EVM and other functions, but its actual power consumption is 38J/TH, which means it can only use smaller graphics cards. So, will ordinary users use cryptocurrency mining? Let’s take a look at related issues. 1. Can Antminer S9 mine Ethereum? In the current market environment, due to the high demand of miners for prices, there may be a significant difference in the price of this machine; 2. What is the relationship between Ethereum price and mining equipment? 3. What are the specific details of “Antminer S9”? First of all, Antminer S9 uses the latest algorithm R11+D2 dual-channel mode for mining. That is to say, as long as there is an Antminer S9, it can mine Ethereum without any other technical restrictions. In addition, S9 also has some optimization designs, such as reducing power costs. However, it should be noted that “Antminer S9” is indeed relatively cheap because its operating speed is relatively stable and has high reliability.

As for the specific earnings situation, there is another thing worth noting is that the S19 series products are not ideal in terms of performance. (I am Peipei, I have been paying attention to these two brands recently)

Of course, as one of the well-known mining companies, Canaan Inc. has recently launched a new model S8, with a price of about 4,000 yuan, and the delivery time is surprisingly early. But compared to S7, the payback period of S9 is shorter, even a little longer. So from this perspective, S9, this new generation mining machine, is actually very popular and quite good, after all, Bitdeer, Avalon, and other old factories have produced many new ASIC chips, coupled with the continuous news of listing in the second half of this year, I believe many Manufacturers will express concern about this. After all, Bitmain started deploying the S15 chip last year and plans to go online in the first half of next year. It may even upgrade again now.4. For the Antpool, the Antminer S9 currently only provides a small amount of hosted computing power service and does not consider sales for the time being. Although Antminer S9 does not directly face sales channels for mines, it does not rule out the possibility of gradually increasing new agents in the future. However, considering that the current market has a high demand for Ethereum network transactions, S9 may still have the opportunity to continue to maintain a low-key state, or it may join the Asic pledge system in the near future, etc.