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   314

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.

South Korea to Toughen Mining Chip Import Rules

Mining chips will have to meet legal requirement for importation, such as safety and sanitation certifications
19 April 2018   122

In South Korea, foreign-made crypto mining chips import rules can be complicated in the near future.

As reported by CoinDesk with reference to the statement of the Korean Customs Service (KCS) the government agency added mining chips to the list of goods that must meet certain criteria established by the current legislation for importation into the country, including certificates of security.

New requirements were introduced after the customs service discovered an increase in the number of mining chips imported into the country. So, in November and December last year, according to KCS, 454 mining chips were imported to the country for a total of 1.3 billion won ($ 1.2 million).

Since the mining devices consume a significant amount of electricity and produce a lot of heat, their operation is associated with an increased risk of fires.

To neutralize these risks, the service will monitor the safety of imported devices in accordance with the requirements established by the National Radio Agency.