July – Work Progress Report

ETH and ETC ASIC News

Antminer E9

This month Bitmain released Antminer E9, its new ASIC mining device. It is designed for Ethash-based cryptocurrencies, like Ethereum and Ethereum Classic. The company says that the performance of the new miner is equivalent to 25 Nvidia’s high-end RTX 3080 graphics cards.

The pay-off period for this mining device is approximately 1 year taking into account the electricity costs. Many miners don’t really understand this Bitmain release as ETH merge (transition from POW to POS) is scheduled for this year.

Read more in the post Antminer E9 Specs, Profitability & Setup

Ipollo V1 Mini Classic Plus

iPollo released a new ASIC device for the Ethereum Classic mining called Ipollo V1 Mini Classic Plus. This ASIC has 3.6 GB memory onboard and only the ETCHASH mining algorithm is supported. This means you could mine ETC for about a year/a year and a half depending on the ASIC firmware.

Innosilicon A10 Firmware for ETC Mining

Another ASIC manufacturer Innosilicon officially released the new firmware that enables ETC mining for Innosilicon A10 and A10 Pro.

At the moment the firmware is available for A10 Pro only, but it should also work with A10. The upgrade for Innosilicon A11 to mine ETC is currently in development. The release is yet to be announced. The new firmware could be downloaded on the Innosilicon website. Please find below the ETC mining settings.

URL: stratum+tcp://etc.2miners.com:1010
Worker: YOUR_ADDRESS.ASIC_ID
Password: x


You could find more info in our post Innosilicon Released New Mining Firmware to Mine Ethereum Classic on ASIC.

Suggested Ethereum Merge Date Announced

Ethereum developers plan to switch from POW to POS in the nearest time. This will be the end of the ETH mining era. During the so-called Consensus Layer Call #91 held on July 14th the merge date has been suggested. According to ETH devs if all goes well for the Goerli testnet the merge could happen on week 38 (starting September 19th).

These are the call notes by Ben Edgington. You could also watch the complete call record on Youtube.

After Ethereum mining ends other coins could still be mined with your GPUs. The most popular coins are Ravencoin (RVN), Ethereum Classic (ETC), and ERGO (ERG). What to Mine when Ethereum Goes POS?

For example, while the Ethereum merge date rapidly approaches Ethereum Classic price surges. Some…