Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Bitmain Antminer May Terminate Ethereum Mining in a Month

Bitmain Antminer May Terminate Ethereum Mining in a Month

Kelly Cromley by Kelly Cromley
Feb 25, 2020
in Ethereum News, Market News, News
Reading Time: 3 mins read
0

As the Ethereum blockchain is getting ready to start using proof-of-stake (PoS) consensus, certain mining equipment could stop backing ETH mining soon.

Bitmain’s Antminer E3, which was considered as the “world’s most powerful” Ether (ETH) mining hardware once upon a time, will supposedly halt Ethereum mining in April 2020, as per a report by altcoin mining pool 2Miners.

RelatedPosts

Automata Network Rolls Out DCAP Attestation on UniChain Sepolia

Aptos and DeFi Cattos Launch New Era in Web3 Gaming

Alchemy Acquires HeyMint to Boost Web3 Wallet Ecosystem

SFT Protocol Teams Up with AI Telegraph for DeFAI Innovation

2Miners disclosed the development after its core team called for comment from Bitmain on the recent problems that have plagued the performance [specifically related to Ethereum Classic (ETC)] of Antminer E3.

Ethereum Classic is an open-source blockchain that came into existence via hard fork of Ethereum blockchain in 2016, following the collapse of DAO.

2Miners began receiving initial reports of considerable decline in the performance of Antminer E3 mining rigs while working on ETC network.

As per 2Miners, some clients have experienced a sixfold hashrate decline on Antminer E3, from the factory stated hashrate of 180 MH/2 to merely 30 MH/s.

As a result of a scrutiny, 2Miners successfully found out that all international ETC pools underwent the same decline in hashrate. During the same period, Antminer E3 was still functioning properly on Ethereum pools, 2Miners stated.

The core team quickly proposed that the problem was probably associated with DAG (directed acyclic graph (DAG), a file that is created after every fresh bunch of 30,000 blocks, referred to as a mining epoch.

At the time of mining Ethereum, a GPU necessitates a big file named DAG at the beginning of mining procedures, 2Miners detailed.

As DAG files are created every 30,000 blocks or mining epoch, the memory size seems to have been hit.

In response to a request to Bitmain helpdesk, 2Miners was supposedly capable of affirming that the growth of DAG files restricted the use of Antminer E3 for ETC mining. As per Bitmain, Antminer E3- an ASIC miner – still consists of a 4GB video card for mining, while the DAG file is reaching the brink.

Bitmain reportedly said:

“[…] Antminer E3 is a 4GB video card. E3 is related to ETH algorithm, and DDR capacity is up to the upper limit, so E3 will not be able to continue mining. The meaning is E3 only can mine until January 2020, then will not mine again.”

As per 2Miners’ estimate, Antminer E3 should halt Ethereum mining more or less on April 8, 2020. As per mining pool, current Ethereum Classic mining cycle is 328, where as it is only 318 for Ethereum.

The DAG size calculator info indicates that the DAG size for Ethereum amounts to 3.48 GB, compared with 3.56 GB for Ethereum Classic.

Unleashed by Chinese mining hardware manufacturer Bitmain in April 2018, Antminer E3 was referred to as the “world’s most powerful and efficient EtHash ASIC miner.”

Ethash is the Proof-of-Work (PoW) hashing algo utilized by Ethereum and several other altcoins such as ETC. The roll out of Antminer E3 came amidst the Ethereum community proposing the likelihood of a hard fork in the ETH covenant to abrogate ETH ASICs.

As the Ethereum blockchain is anticipated to move from current PoW consensus algo to PoS in the weeks ahead, the block validator is all set to be handed over to exclusive network validators, from miners. Ethereum co-founder Vitalik Buterin stated that the initial stage of Ethereum 2.0 will be unveiled in the second-half of 2020.

Previous Post

Ex-Wall Street Executive Caitlin Long Establishes First Crypto Focused Bank in the US

Next Post

Nigma Conseil, Austrian Institute of Technology Partner to Develop Blockchain Compliance Tool

Related Posts

automata network rolls out dcap attestation on unichain sepolia

Automata Network Rolls Out DCAP Attestation on UniChain Sepolia

by Kelly Cromley
May 25, 2025
0

Automata Network, a prominent platform known for providing decentralized infrastructure focused on compute integrity and privacy, has launched a new...

aptos and defi cattos launch new era in web3 gaming

Aptos and DeFi Cattos Launch New Era in Web3 Gaming

by Kelly Cromley
May 25, 2025
0

Aptos, a high-performance blockchain platform, has partnered with DeFi Cattos to introduce its first blockchain-based battle role-playing game (RPG), marking...

alchemy acquires heymint to boost web3 wallet ecosystem

Alchemy Acquires HeyMint to Boost Web3 Wallet Ecosystem

by Kelly Cromley
May 25, 2025
0

Alchemy, a leading Web3 development platform, has officially acquired HeyMint, a California-based NFT launchpad, as part of its broader effort...

sft protocol teams up with ai telegraph for defai innovation

SFT Protocol Teams Up with AI Telegraph for DeFAI Innovation

by Kelly Cromley
May 25, 2025
0

SFT Protocol, a decentralized ecosystem known for developing scalable and secure Decentralized Physical Infrastructure Network (DePIN) solutions, has announced a...

taskon partners with boinkers to elevate web3 gaming

TaskOn Partners with Boinkers to Elevate Web3 Gaming

by Kelly Cromley
May 25, 2025
0

TaskOn, a notable platform recognized for fostering community development in the Web3 space, has recently announced a strategic alliance with...

connect launches first social impact platform on web4

Connect Launches First Social Impact Platform on Web4

by Kelly Cromley
May 24, 2025
0

Connect, in collaboration with members of the WIN Blockchain community, has announced the official launch of what is being described...

Next Post
Nigma Conseil, Austrian Institute of Technology Partner to Develop Blockchain Compliance Tool

Nigma Conseil, Austrian Institute of Technology Partner to Develop Blockchain Compliance Tool

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

automata network rolls out dcap attestation on unichain sepolia
Market News

Automata Network Rolls Out DCAP Attestation on UniChain Sepolia

by Kelly Cromley
May 25, 2025
aptos and defi cattos launch new era in web3 gaming
Market News

Aptos and DeFi Cattos Launch New Era in Web3 Gaming

by Kelly Cromley
May 25, 2025
alchemy acquires heymint to boost web3 wallet ecosystem
Market News

Alchemy Acquires HeyMint to Boost Web3 Wallet Ecosystem

by Kelly Cromley
May 25, 2025
sft protocol teams up with ai telegraph for defai innovation
Market News

SFT Protocol Teams Up with AI Telegraph for DeFAI Innovation

by Kelly Cromley
May 25, 2025
taskon partners with boinkers to elevate web3 gaming
Market News

TaskOn Partners with Boinkers to Elevate Web3 Gaming

by Kelly Cromley
May 25, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree