Ether hashrate soars to new heights, studies say a 2,000 megahash ETH miner will fall this summer time – mining bitcoin information
In December 2020, mining equipment maker Innosilicon released a new Ethereum miner called the Innosilicon A10 Pro + that processes Ethereum-based hashrate at around 750 megahash per second (MH / s). Regional reports have found that Innosilicon is dropping a new ether mining rig this summer that processes speeds of up to 2,000 MH / s. In addition, the hashrate of the Ethereum network has continued to rise relentlessly over the past few months.
Ethereum hashrate is increasing
While Ethereum (ETH) prices hit new all-time highs (ATH) in 2021, miners on the network are making hefty profits. In addition, miners only have a limited amount of time available as ETH will eventually switch to a structured proof-of-stake (PoS) system.
Despite the time that is running out, miners are showing a lot of hash on the ETH blockchain as 0.490883 petahashes per second (PH / s) are directed towards the network. According to current statistics, the mining rig manufacturer Innosilicon produces the two most profitable ETH mining rigs. Bitmain’s miners based on Antminer E3 and G2 in Ethereum follow respectively.
With today’s ETH exchange rates and USD 0.12 per kilowatt hour (kWh), the Innosilicon A10 Pro + (750 MH / s) is currently generating profits of over USD 77 per day. The company’s low-end model of 500 MH / s can make $ 51 per day using today’s exchange rates for Ethereum (ETH) and $ 0.12 per kWh.
Innosilicon A11 Pro Ethmaster commands 2,000 megahashes per second
This year, a source on Chinese platform Weibo spoke about a new Innosilicon miner slated to be the successor to the A10 series. According to reports, the Innosilicon A11 Pro Ethmaster will hit 2,000 MH / s, which would give an owner more than $ 200 per day per machine profit if the owner received electricity for $ 0.12 per kWh.
The cost of the new machine is not yet known, but reviews have shown that the machine draws around 2,300 W from the wall and has 8 GB of storage. The company continues to sell Bitcoin Miners (BTC) using the company’s Terminator series as T3 units can range from 57 to 67 terahash per second (TH / s). Innosilicon’s A11 Pro Ethmaster is also listed on the data website asicminervalue.com and is expected to drop in July 2021, according to that specific source.
The company’s website states that Innosilicon has set a record of more than 200 tape-outs with processes from 55 to 5 nm and achieved a production of 100,000 licensed FinFET wafers per year with a success rate of 100%. Meanwhile, on April 2, 2021, ether prices hit an ATH of around $ 2,148 per unit.
What do you think of Innosilicon A11 Pro Ethmaster with 2,000 MH / s? Let us know what you think on this matter in the comments section below.
Tags in this story
2000 MH / s, 500 MH / s, 55 nm, 5 nm, 750 MH / s, A11 Pro Ethmaster, Bitmain, electricity costs, ETH, ETH hashrate, ETH miners, Ether miners, Ethereum (ETH), FinFET- Wafer, Innosilicon, July 2021, June 2021, Mining Eth
Photo credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or a solicitation of an offer to buy or sell or a recommendation or approval of products, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use or reliance on the content, goods or services referred to in this article.