Bitmain to Release ETH ASIC Miner

The main feature of Antminer E3 is the support of Ethash algorithm, which is used in Ethereum and a number of other cryptocurrencies
04 April 2018   1848

Leading manufacturer of mining equipment Bitmain officially announced the launch of sales of Antminer E3, ASIC-miner for the Ethereum.

Antminer E3
Antminer E3

The main feature of Antminer E3 is the support of Ethash algorithm, which is used in Ethereum and a number of other cryptocurrencies.

The device hash, "conservatively", is 180MH / s, but the company expects that this figure will be increased in the future. Weight of Antminer E3 - 13 kg, power consumption - 800 watts.

The cost of the new device is $ 800, the expected delivery date from the first batch is July 16 - July 31, 2018. As payment, the company accepts only Bitcoin Cash and USD.

Later in March, Ethereum developer Vlad Zamfir conducted a survey on the idea of ​​potential hardfork, which can make ASIC-miners useless. As a result, more than half of those who voted expressed their readiness to support such an initiative.

Litecoin to Implement Reward Halving Successfully

Block reward was reduced from 25 LTC to 12.5 LTC on block 1,680,000
06 August 2019   170

Today, on August 5, the reward for the Litecoin block for miners was halved.

Halving happened on block 1,680,000, changing the block reward from 25 LTC to 12.5 LTC. The next halving will take place in four years - tentatively on August 2, 2023, as a result of which the block reward will decrease to 6.25 LTC, making digital silver even more scarce.

Litecoin Block Reward Halving Countdown
Litecoin Block Reward Halving Countdown

According to litecoinblockhalf, 75% of the total Litecoin supply has been mined so far. The current inflation rate of the coin is 4.26%, and after four years it should drop to 1.80%.

Many investors were sure that the market had long “digested” the positive expectations in connection with a decrease in cryptocurrency emissions and expected either a sideways price movement or even a decrease in the LTC rate.