Bitmain would be about to launch two new equipment to mine Ethereum

Rumor has it that Bitmain will soon launch new hardware for electronic currency mining. The company is known to be the supplier of ASIC equipment for the extraction of Bitcoin, although they also offer miners to generate Litecoin and Dash. The new platforms would be GPU-based for Ethereum’s mining, which of course is more than welcome. However, it remains to be seen how much is true behind the rumors.

Cryptoactive mining has increased dramatically in recent months. More and more fans of Blockchain technology are acquiring as many graphics cards as possible, and thanks to that the price of these equipment has exploded in many countries. These GPUs allow users to mine popular altcoins, such as Ethereum and Zcash, and Bitmain, faced with growing demand, is doing its best to grab the market.

Thus, the rumor is that the company will soon sell two new mining platforms oriented to Ethereum: both products, labeled as G1 and G2 units, would include NVIDIA and AMD graphics cards, and could reach a power of calculation of 200 and 220 Mhash per second; one of the equipment would come without a power supply and, in such case, the same one must be acquired by the own consumer. Taking into account that powering 8 of these GPU’s will not be easy, this could turn into a headache; if the rumor is confirmed, it is logical to think that it comes with a release date for both models.

According to rumors, unit G1 has a weight of 12.5 kilograms, while G2 is a little heavier – if at the end is included a power supply, it will be in this model; despite this, there are still no details on how much energy these machines will use … it is logical to think that they will be expensive to operate and will generate a good amount of heat and noise.

As for prices, it is speculated with figures about $ 2,850 for the G1 model and $ 3,016 for the G2. If we consider that the latter would work with 10% more power than the first because the price difference would be smaller than expected. According to sources close, the NVIDIA card is a GTX1060 and the AMD an RX570, although now no specifications are known.

Eduardo Gómez

Eduardo Gómez

Eduardo Gómez is a Venezuelan freelance writer and Information's Technology Professional. He discovered Bitcoin in 2012 and has been drawn to it ever since. He also works as a Customer Support Agent at the San Francisco-based Bitcoin startup Purse.io