News And Events

Stay updated with the latest news, upcoming events, Guides, and important announcements in one place.
Vipera Tech

ANTMINER (KA3/K7/HS3) DELAYED DELIVERY NOTICE

Due to the recent circulation and impact of COVID-19, we regret to inform you that the ANTMINER (KA3/K7/HS3) order you purchased will experience a slight shipping delay.

We are supposed to receive in January and all customers will start to receive their orders in sequence as soon as we receive from  the manufacturer.

We will continue to keep you informed about the status of your order. If you have further questions or inquiries, please feel free to contact us.

Once again, we apologize for the inconvenience caused, and thank you for your understanding and support!

Vipera Tech

Upgrade the Power efficiency of S19 Pro Series firmware included Antminer S19, S19 Pro, S19a, S19a pro, S19j, S19j Pro, and T19!

CLICK TO DOWNLOAD: Optimized firmware for Antminer S19, S19 Pro, S19a, S19a pro, S19j, S19j Pro, and T19!


Bitmain Firmware Upgrade Release 2022.12

  • Free: Download and begin using immediately.
  • ASICboost and autotuning: On all of our versions include auto tuning frequency to get the best efficiency as well as utilizing ASICboost.
  • Decrease all hardware errors.
  • INCREASED ENERGY SAVING
  • Immersion-ready/Fan Disable: Support for high-efficiency liquid immersion cooling by disabling the fan in the settings.
  • Lower Thermal Threshold: Lowers default overheat protection to ensure machines last longer.
  • Full-farm deployment: Send out a configuration file to an unlimited number of miners on the same network. No reboot required!
  • Power monitoring: Built-in wattmeter function.
  • Find Other Asic on the network.
  • Ability to mass change passwords and ssh port.
  • SSH UNLOCKED
  • Multi-ASIC roll-out: Setup one machine and install it on all of them with just 1 click.
  • Supports popular ASICs: Support for all Antminer S19, S19 Pro, S19a, S19a pro, S19j, S19j Pro, and T19
  • Stable: Automated voltage tuning for best hashboard stability and performance.
  • Sleep Mode: Mining can stop and fans drop to normal speed using very little power.
  • Asic Virus Scanner: Tool that checks pre-owned asics for night switcher and other variants.
  • Easy Revert / Uninstall.
Vipera Tech

Your Key To Privacy: Crypto Hardware Wallet Backup Tools

So, you’ve got some crypto… but what if you do not want to use traditional methods of transferring it? What if you do not want to store your funds in an online platform (hot wallet) like Coinbase or Binance? That is where hardware (cold) wallets come in.

 

Cryptocurrencies are changing the world by disrupting industries, creating new opportunities, and shaking up the way we see money. One of the most important aspects about cryptocurrency is empowering common people to have full control of their finances, and how they transact with each other for goods and services. Hardware wallets allow you to store your cryptocurrencies offline, which is essential for those who want to keep their funds away from banks, governments and institutions who want to mitigate flow and observe activity.

 

What is a hardware wallet?

 

A hardware wallet is a physical device that securely stores your cryptocurrencies offline. Hardware wallets are often considered the most secure way to store your cryptocurrency, as they rely on cryptography rather than an online server using different security measures like OTP, passwords and various forms of KYC (know your customer) measures. Hardware wallets secure cryptocurrencies and allow users to privately store their coins. They come in various forms, from desktop wallets to mobile wallets, but all work by encrypting user data into a protected format and storing it on the device. A seed phrase or private key is used to access your wallet. Losing the wallet and or seed phrase will make recovery impossible.

 

Additionally, hardware wallets such as Cryptosteel Cold Storage Shamir HODL Pack and the Eillipal Titan feature unique passphrases and clever backup mechanisms that make them difficult to steal or lose which solves the risk factor of misplacing or losing your wallet or phrase to a degree.

 

What if I lose my hardware wallet? Built-in Redundancy.

 

As long as your seed phrases are backed up, there is no need to worry about losing your crypto wallet or it getting stolen. By putting your private key into a new wallet, you can quickly make a new wallet and recover your coins. A good way to do this is to store the seed phrases on an offline external storage device such as the Cryptosteel Cassette Solo or the Cryptosteel Cold Storage Shamir HODL. You can store your key physically and retrieve it whenever you want and even if you lose your original wallet, you can still restore it. 


Cryptosteel Cassette Solo is a pocket-sized device made of stainless steel designed to securely store the alphanumeric data of your choosing without the need for specialized skills or the involvement of a third party. Each piece of hardware comes with its own set of tiles made of stainless steel, and those tiles are inscribed on all sides. Manual construction of codes and passwords is performed using the characters provided, some of which are chosen randomly. You can secretly store sensitive information of up to 96 characters’ worth in a short time, ensuring your data’s complete confidentiality. This incredible and easy-to-carry hardware crypto wallet is all you need if you are a cryptocurrency holder. The original offline metal backup design is lightweight, sturdy, and secure. No third-party involvement is needed, and users can protect their data.



Cryptosteel Cold Storage Shamir HODL Pack is a set of five Cryptosteel capsules and a Trezor Model T hardware cryptocurrency wallet is included. HODL is short for Hold On Dear Life, trying to attract long-term cryptocurrency enthusiasts. The Cryptosteel Capsule is the industry-leading device for seed phrase backup, offering protection against the malfunction of memory devices, loss of data, or damage caused by the environment. If you have a cryptocurrency holder, friend, or family member, there is no better gift than this sleek Cryptosteel Cold Storage Shamir HODL Pack. This cold storage unit is equipped with state-of-the-art technology. It is based on the SSS backup system invented by Professor Adi Shamir, co-creator of the Rivest–Shamir–Adleman (RSA) algorithm and inventor of differential cryptanalysis.

 

Both of the above products are compatible with BIP39, which allows you to use a language-based mnemonic phrase if you lose or lose access to your wallet.

 

Crypto hardware wallets are a great way to keep your cryptocurrencies safe and secure. They allow you to safely store your coins offline, which is great if you want to avoid the risks associated with online storage. Once you have a crypto hardware wallet, you can use it to store any cryptocurrency. Most hardware wallets currently support Bitcoin, Ethereum, USDT and other major altcoins. Overall, a crypto hardware wallet is an important tool for anyone looking to protect their investments offline, preventing any loss from “hot storage” platforms that in the past have collapsed (Mt Gox). It is easy to set up and use and can help keep your coins safe from hackers and prying eyes.


Vipera Tech

Immersion Cooling Primer

What is immersion cooling?

 

As far as computing efficiency goes, immersion cooling has tremendous upsides but has had a misunderstood upbringing in the technosphere. It has recently garnered great interest for high-stakes cryptocurrency mining. Processors and chips that are in a constant state of operation, generating substantial amounts of heat, can be cooled most effectively and safely by being submerged in a thermally conductive dielectric fluid. During the process, the heated fluid is passed over heat exchangers and plates that are affixed to radiators or fans, much in the same way an air conditioner works.

 

How does it benefit my ASIC?

 

There are four main reasons for going the immersion cooling route.

 

Durability – The miner will be able to withstand higher temperature outputs with a lower possibility of damage to any connected hardware. The added reliability of the hashboards and longer lifespan to components is a consideration that would otherwise wear down quicker due to the rigorous forces and poor heat dissipation of standard air-cooled solutions.

 

Noise – Immersion cooling systems are practically silent in comparison to air-cooled solutions, which can screech at 80 decibels. The coolant does not need to undergo any active refrigeration process or pressurization. Since the coolant is maintaining a consistent temperature, it can be circulated by the system’s pipes and pump freely without risk.

 

Maintenance – Keeping the tank clean and operating smoothly is never a hassle as the system is fairly isolated from outside elements such as dust or debris, eliminating the consideration of dust or dirt clogging vital components and obstructing airflow.

 

Performance – With upgraded firmware, fan rpm simulation spoofers, and improved power supplies– an ASIC is able to achieve overclocked hashrate figures between 30%-60%, drastically speeding up return-on-investment.

 

Enter the FogHashing C1 & B6D

 

To purchase the C1 Kit:




C1 Tank

Outer Size410(L)*400(W)*475(H) mm
Inner Size320(L)*210(W)*370(H) mm
Weight20 Kg
Input VoltageSingle-phase 200-240V 50/60Hz
Coolant Volume26-30L
Max Capacity4300W@30°C
4300W@40°C
Power100W

Dry cooler

Size570(L)*310(W)*530(H) mm

751(L)*274(W)*630(H) mm (Ultra)

Weight16kg / 28 Kg (Ultra)
Input VoltageSingle-phase 200-240V 50/60Hz
Coolant Volume26-30L
Max Capacity4300W@30°C
Power180W / 250W (Ultra)


The quiet but highly-capable Foghashing C1 is curated specifically for ASIC home mining. The C1 combined with its powerful dry cooler makes overclocking easier and provides mainstream miners with the optimum performance to go 20% – 50% above the hash rate. Its more capable twin, the Foghashing C1 ultra edition provides a working environment for ambient temperatures exceeding 40°C and allows for more overclocking and comes with its own modified dry cooler.

 

With its precise temperature-controlling abilities and high cooling efficiency, a lower fault rate is guaranteed along with little maintenance, high stability and long life of an ASIC surpassing 5 years of operation. The C1 is compatible with most ASIC models in the market, holding 1 unit of Antminer S19 or Whatsminer M50 for example.

 

Fog Hashing B6D Ultra Immersion Cooling Tank


B6D Dry Cooler
Outer Size1569(L)*952(W)*440(H) mm
Heat Transfer30KW@30°C
Weight117kg
Input Voltage3-phase 380-415V 50/60Hz
Operating Temperature-10°C – 40°C
Cooling Capacity14L
Power580W x2
Air Volume13000m3/h
Pipe Diameter580W x2
PipelineDN25
Noise5m x2


The Fog Hashing B6D immersion cooling tank comes with, the B6-30kW and a dry cooler, capable of holding up to 6 miners. An efficient and economical solution, the B6D allows you to overclock and extract the most hashing performance out of your ASICS. This cutting-edge tank is most convenient for professional small to mid-scale mining operations and can be stacked and grouped on the B6R rackmount system.

 

Using only fluid circulation, the B6D tanks eliminate the exchange of secondary heat.

Manufactured for high-heat environments, the miner is able to function normally up to 40°C. Additionally, its cooling capacity will precisely adjust according to ambient temperature change and automatically adjust the fan speed to achieve dynamic energy-saving, providing a seamless overclocking and cooling experience.

 

Fog Hashing BC40 and BC20 Immersion Cooling Container




BC40

BC20

Size

12192x2438x2896 mm

6058x2438x2896 mm

Amount of machines

252 mining machines

108 mining machines

Input Voltage

3-phase 380V or 415V 50/60 hz

Power load (max)

1.6MW (Overclocked)

0.7MW (Overclocked)

Output Voltage

200-240V, 50/60hz

Network

100 Mbps Ethernet switch

Ventilation

Exhaust fans *4

External Cooling

Closed water cooling tower

Certification

UL Classification / CSG

Ambient Temperature

-5°C-40°C

Channel Width

1m safety and maintenance channel


The Fog Hashing BC40 and BC20 container deployments approach offers ready-to-deploy turnkey solution for medium to large scale mining operations. Built to last, the container is designed for more than 10 years of continuous operation and can withstand strong winds even up to 60 m/s.

 

The container is able to automatically adjust to ambient temperature changes, become energy efficient at different times of the year and reduce PUE to lower than 1.03. The IPXS waterproof requirements are met along with emergency protection in case of power and/or water failure, ensuring your safety needs. The container’s harmonised integration with a refrigeration system, includes a VFD speed pump set, water storage, water processor, and IoT sensor. This allows for optimal use, designed to save downtime and make the most of container space. All major settings can be configured remotely via phone or desktop browser.

 

The clever use of a closed-circuit DWT-T cooling tower – which uses evaporative water cooling for water cooling is more effective and more economical than any other way available in the market. This feature allows the water to be recycled better while having low operation and maintenance costs.

 

Both containers BC20 and BC40 containers are highly dense with quick and flexible deployment that can hold hundreds of miners. The only difference between the two is size and capacity.

 

BC40 – 40 foot container: Can hold 252 ASIC miners and 1.6MW max. 14* B6R racks

 

BC20 – 20 foot container: Can hold 108 ASIC miners and 0.7MW max  6* B6R racks

 

Viperatech offers a range of above cooling immersion kits by Fog Hashing at competitive pricing with full installation guidance and no import duties for North American, GCC and European buyers.

Vipera Tech

Confusion and Greed Clouds the Antminer KA3 Launch

What is the Bitmain Antminer KA3?

 

Over the past few years, the cryptocurrency industry has been evolving at breakneck pace, meeting new highs of computational power matched with increasing network saturation. Projects seemingly emerge weekly, and one project in particular, Kadena– a New York City based brainchild of two former blockchain division employees of JP Morgan and the SEC– is now set to revolutionize the future of proof-of-work and has been referred to as the next cryptocurrency to be benchmarked against Bitcoin and fill the hashrate void left by Ethereum, which has now successfully transitioned to proof-of-stake rendering the coin unmineable.

 

The leading manufacturer of POW ASICs, Bitmain, had organized a launch event for the ANTMINER KA3 in late September, 2022. Previously it was only available through colocation contracts with HashFrog, but that offer was quickly superseded by an announcement they would release units to the general public in very limited quantities at a paltry $5,300 USD. Antpool and HashFrog co-hosted a keynote event which the growing confidence in the Kadena ecosystem and future prospects for its mining profitability. The race to acquire these machines was on.

 

The ANTMINER KA3’s specifications were shared, offering a remarkable 166T hash rate performance, marking a significant upgrade over the output available from the nearest comparable. Goldshell’s top-tier KD MAX only offers 40.2T, and is priced substantially higher. The new ASIC release impressively brings efficiency to a new industry standard then of 19 J/T as far as the Blake2S algorithm is concerned.

 

The KA3 incorporates the design from BITMAIN’s somewhat aging 19 Series flagship range that offers advanced air-cooling heat dissipation and software management. It utilizes the groundbreaking 5nm chips used currently in the S19 Hydro and S19 XP lineup, a major step up versus the Goldshell model offering.

 

Estimated Mining Revenue of the ANTMINER KA3 as of publishing.


Consumption
Hashrate
Efficiency
Electricity
Net Profit
3154W
166Th/s
0.029 j/Gh
-$9

$67.56

Why the rapid price fluctuation?

 

Pre-orders for the KA3 from resellers were strategically priced starting around $6,300 USD when Bitmain made their announcement of $5,300 for public sale. Taking into account $67.56 of profit per day it would mean that the return on investment would only take 148 days, which puts it at the top of the scale. In a nutshell, the KA3 is currently the most profitable ASIC miner on the market by a wide margin.

 

It has come to our attention, but not as a surprise,  from customers who have approached us who had pre-ordered the KA3 from resellers who did NOT secure any units in advance from Bitmain, miscalculated the anticipation of the KA3 production quantity and demand, and ultimately had no intention to honor their customer’s orders. By not securing stock from Bitmain using their own funds, but the funds of others, many executed immediate refunds to their customers to sell pre-orders at double the price to the next highest bidder, and values of the model have been climbing since October 1st. Goldshell did not flinch on this manipulation either– the prices of their KDA miners have not decreased, and in fact, increased during this time slightly.

Prices doubled the day the online Bitmain.com sale of the KA3 sold out within 40 seconds on 10am, October 1st 2022. Unscrupulous resellers also did not plan for any abrupt increases in Kadena yet to be realized, which will cause resellers to return and cancel pre-orders even at the doubled and tripled values, prompting them again to release units at a higher price to a different customer, repeating the cycle of greed. Similar “interest-free loan” schemes took place during the launch of the Antminer L7 and with the Antminer E9 to a certain degree, with the latter not being confirmed by Bitmain yet pre-orders were being collected at least 1 year in advance from unsuspecting customers.

 

We want to make it clear Vipera does not support this dishonest and unethical conduct on the part of our competitors. Our price is indicative of the quantity and value we have secured in advance with Bitmain long before this price manipulation occurred and ruse of an extremely limited, unattainable online-only sale by Bitmain was conducted– perhaps to send a message to rival manufacturers such as Goldshell and IBeLink. We are dedicated to locking in your order at FAIR market value based on demand and comparison with top-tier Goldshell KDA ASICs—which have not lost value as a result of these confusing KA3 preorder activities. For increased security and peace of mind, legal purchase agreements are to be signed stating all terms, and we accept credit card payments. In addition, we provide a 1-year extended warranty on your KA3, instead of just 6 months. Lastly, we absorb all import duties so you don’t have to, instead of being on the hook for 27.3% of the total if purchased elsewhere (including Bitmain) on full declared value.



 

Vipera Tech

MicroBT Whatsminer M50 Series Launch and Pre-Orders

MicroBT, one of the world’s leading ASIC manufacturers held its Whatsminer M50 series launch on April 06 this year at the Bitcoin 2020 event in Miami, USA, and the announcements were both bold and optimistic.

 

To start, MicroBT released three new models of ASIC miners into the market. The new models, dubbed M50, M50S & M53 are the most efficient, highest-performing ASIC miners from MicroBT to date. The upgraded series come equipped with a smaller, 5nm processor instead of the industry standard 7nm processors traditionally used in ASIC designs. This leads to a smaller surface area, lower heat buildup and a 15% increase in efficiency. The chips come from an impressive partnership with electronics giant, Samsung, and will be a key aspect of MicroBT’s growth over the next few years. Samsung has been making processors for ASIC manufacturers like Bitmain for several years now and even speculate about a 3nm chip in the near future, something MicroBT would hope to secure.

 

The M50 and M50s ASIC models employ highly efficient air cooling systems to help maintain stable, low temperatures whilst the M53 utilizes a liquid cooling system, a technology that has only recently found its way to ASIC miners.

 

The M50 is capable of 114TH/s at 3306 watts, equating to 26 Joules per Terahash. This provides a small but incremental increase, roughly 5%, over MicroBT’s previous flagship model, the M30s++ and is set to offer better stability than its predecessor.

 

The M50S is everything the M50 lives up to with a bonus 12TH/s in additional hash power. Capable of 126TH/s at 3276 watts the Joules to Terahash ratio is 26. This is a 15% increase in efficiency and gains from the M30s++ and is set to become MicroBT’s affordable and powerful option for clients around the world.

 

However, the new flagship model ASIC miner from MicroBT is the M53. Upgraded with liquid cooling technology, the M53 can reach 226TH/s at 6554 watts equating to 29J/th. MicroBT is the second ASIC manufacturer so far to use liquid cooling technology and the impressive gains in hashrate will surely move competitors in the same direction. The liquid cooling tech will provide heat recovery for the ASIC miner during operation with little noise, no dust accumulation and a lower failure rate than previous models.

 

Mass production is currently underway and MicroBT has announced they will be ready to distribute roughly 30,000 units per month as early as Q3 of 2022. MicroBT is also focusing on adding more to their offering by implementing an after-sales care package that includes instant online technical support, 1 on 1 online repair training, 6 authorized repair locations with 5 more being added this year and the first-ever 1-year warranty in the crypto industry.

 

MicroBT’s Whatsminer ASICs are an attractive option for Bitcoin mining and the Samsung partnership, after-sales service and high-quality miners will allow them to maintain their position as one of the world’s leading ASIC manufacturers.

 

With affordable options, an outstanding management platform, solid uptime reliability and a serious value proposition for larger-scale operations with cheaper power costs, it’s no wonder crypto mining farms like Bitfarms employ the use of MicroBT ASIC Miners. Generally cheaper and more reliable than Bitmain and Canaan, Micro BT positions itself as an attractive alternative to competitors in the industry.

 

We are happy to announce pre-order opportunities will open in May. Please use the inquiry form below to request more information and get your name on the pre-order list.



Vipera Tech

Nvidia Release Exclusive Crypto Mining Card Based on Titan V Architecture

An exclusive new crypto mining card released from Nvidia is being featured on Viperatech’s (Vipera LLC) website, sources say that this new GPU based mining card is in extremely high demand.

Nvidia has released several dedicated crypto mining GPU’s in the last year as they attempt to grow in the crypto mining demand as well as maintain a stable stock of GPU’s for the gaming industry. The move is a smart choice considering the popularity of GPU mining and the lucrative opportunity to market a product specifically to this industry.

The new GPU, dubbed the CMP 100HX is a repurposed Volta-based TITAN V, which was the only consumer offering featuring a GV100 GPU with lower clock speed and reduced memory. The Titan V is Nvidia’s flagship driving force behind artificial intelligence because of its incredible technological advantages and now the powerful tech is being re-utilized to mine for increasingly difficult crypto algorithms. The NVIDIA TITAN V has the power of 12 GB HBM2 memory and 640 Tensor Cores, delivering 110 teraflops of performance. Plus, it features Volta-optimized NVIDIA CUDA for maximum results.

The CMP 100HX repurposes this design and high-end tech to the best of its ability, removing video output from the card and maximizing its power efficiency and possible hashrate. The GPU has a passive cooling heatsink design, used only for server/data centre environments and enclosures with active high RPM external air cooling. Similar to the other Nvidia CMP lineup, there is no video output. It features 6GB HBM2 Memory and a very efficient power draw of 135 Watts (tested).

Currently, this product is priced under $1800 (USD) on Viperatech.com, which is a low price point for the CMP line from Nvidia.

Vipera Tech

Vipera Explains How Cryptocurrency Stabilizes Economy and Rivals FIAT Money

A pivotal moment in the global economy is underway as digital currencies continue to become adopted and supported by businesses, organizations and countries around the world. Global advocacy for coins such as Bitcoin and Ethereum have reinforced the public’s trust regarding this once-fringe movement, and as companies like Microsoft, Newegg and Burger King, alongside countries like El Salvador, go out of their way to embrace and adopt Bitcoin, a change in the foundational culture of Bitcoins ecosystem itself is evolving.

Bitcoin is no longer a fad or a trend or a fast way to make a short sum of money. Instead, Bitcoin has evolved into the fully-fledged financial system of the future. It has surpassed even the most optimistic of views in terms of employability, the world has embraced it and the coin’s future has become set in stone by a community of individuals that pursue, invest, trade and play its most significant role. Bitcoin miners around the world have begun holding on to coins with no intention to sell for quick profits, the bitcoin industry has thus developed into a long term economic strategy to provide real-life, long term monetary investment in an industry that has found its footing amongst the volatile stock market.

There is a maximum supply of 21 million bitcoin available. Nearly 19 million Bitcoin are already in circulation with just over 2 million coins still left to be mined. Meaning that 90% of the entire collection of bitcoin has already been distributed to wallets around the world. Trends over the past 5 months have shown that 13.5 million bitcoins have been held in wallets without any movement, this signifies a shift in the mentality of bitcoin miners who would usually be trading, selling, or staking rewarded coins, or using them to purchase. Instead, our intel appears to show that Bitcoin miners have moved into a holding phase of the digital currencies history and they do not intend on selling.

But why the sudden shift in perspective? With bitcoins, dominance stretching out across sectors and industries and a greater percentage of people requesting decentralized, open platforms for business, finance and commerce, Bitcoin has positioned itself as the number 1 trusted and backed cryptocurrency for nearly a decade. It is no longer just a movement. In 2021, El Salvador became the first country to invest in Bitcoin when they purchased 15 million dollars worth, equating to 410 Bitcoin. Obviously, El Salvador is not looking for a get rich quick scheme, they are but the first of many to make the calculated decision to play a primary role in their countries adoption of cryptocurrency and the decentralized blockchain system it stands upon.

New forecasts from financial statisticians speculate that Bitcoin could reach $1 Million (USD) a coin by 2030, with Ethereum’s market capitalization hitting 20 trillion dollars. These trends are buoyed by the world’s increasing acceptance and obsession with the digital ecosystem and showcase a new focus for human beings that are fed up with centralized financial systems and the inequality that often stems from them. People want to have control of their lives again and financially people want less risk with monetary decisions, something that cryptocurrency investments have a hard time providing, but one that Bitcoin strives at.

Even if Bitcoin only reaches half the presumed value, in just 8 years it would see a 13x increase from where it sits at the time of writing this article. This has a profound impact on the mining community where the change in mentality has the biggest impact. With more companies adopting Bitcoin, businesses accepting it as payment, and celebrities and CEO’s around the world endorsing the use of bitcoin, it only seems obvious that the world’s first cryptocurrency, sets the stage for an entire financial takeover.

This is all happening in light of an upcoming decision by the SEC (U.S. Securities and Exchange Commission) against Ripple’s XRP coin and a new 654-page plan aimed at regulating “Treasury markets platforms.” The crypto industry has stated that this plan is determined to allow regulators to probe into crypto platforms and protocols and could be used to control and govern the industry because it would bind those platforms to register and be subject to regulation. This new plan is part of the SEC’s long-standing battle against Ripple which has been accused of selling more than $1 billion worth of XRP tokens in an unregistered securities offering. The SEC hopes to win an ongoing court course with the aim to provide more protection for investors. If the SEC were to lose the case, it would reinforce calls from the cryptocurrency industry to push congress to write clearer and more suitable laws. The court case has been ongoing for over a year now, with hopes to settle by the end of 2022.

Vipera Tech

BITMAIN CONFIRMS PRODUCTION OF THE ANTMINER E9

Vipera LLC is compiling a waiting list for orders of Bitmain’s highly anticipated E9 Ethash ASIC miner. As soon as Bitmain announces the release date and price we will update all clients on our waiting list and place futures orders with Bitmain based on the interest of those that have registered with us. To join our waiting list, please use the enquiry form at the bottom of this blog.

 

In a story on their official Instagram @officialbitmain, Bitmain has finally confirmed that the mysterious and long-awaited ASIC miner dubbed the E9 has been given the green light for production. The E9 was announced in 2021 with no release date in mind and only tidbits of information regarding the new miner available. It was completely shelved in the thick of the pandemic, due to uncertainty of ETH 2.0’s arrival and silicon shortages. Crypto miners have been waiting patiently for confirmation of this miner, and on March 10th, Bitmain announced that the E9 is indeed on its way, also cross-verified by Vipera’s purchasing representatives at the Chinese ASIC manufacturer.

 

The E9 is set to be the world’s most powerful single Ethereum / Ethereum Classic miner, which is the main reason there has been such hype surrounding this ASIC over the last 14 months. The E9 is apparently capable of an astonishing 3GH/s at a blissfully low power consumption of only 2,556 watts. This ratio creates an impressive 0.85J/M which in mining terms represents one very efficient machine. The power is equivalent to 32x Nvidia GeForce 3080 Non-LHR graphics cards. The closest competition Bitmain has at the moment in terms of Ethash solutions is Innosilicon’s A11 Pro, which can generate up to 1.85GH/s. We are omitting the Jasminer X4, touting 2,500mh/s which ceased production as of last week due to high costs and low demand versus its cost-effective X4-1U Blade offering. The E9 can generate around 70% more power than the A11 Pro. It would appear that the release of the E9 comes at a pivotal time in Bitmain’s history. It had been assumed for the last year that ASIC manufacturers would hold off on developing new Ethereum miners due to the shift in mechanics the Ethereum network is due to make, switching from a Proof-of-Work (POW) model towards a Proof-of-Stake (POS) model.

 

However, Ethash based ASIC miners, such as the Innosilicon A11 Pro and the Jasminer X4, have seen high sales volumes well into 2022 coupled with an ever-increasing demand for GPUs, even as stock levels improve. This is a strong indicator that there wouldn’t be sales of this magnitude if the product being sold does not still hold high value in the eyes of amateur miners and large mining ops. That is to say, Ethereum 2.0 is no longer a deterrent, and there is now consensus after the merge ASICs and GPUs will switch their hashing power to Ethereum Classic in swift order.

 

The merge, when it does indeed occur, will make the POW hashpower less important for the validation process necessary for blockchain-based digital currencies to operate. It is believed that Bitmain’s decision to release the E9 reveals that Ethereum’s changes are set on a much longer timeline than first anticipated, with 2022 now being out of the question. Further pushing Bitmain is the announcement that Intel, the world’s leading chip manufacturer, is now stepping into the cryptocurrency arena with their Bonanza Mine ASICs. Intel has announced they are now producing the next generation of SHA256 algorithm miners, and this steep new competition from a US-based giant with global production foundries means Bitmain has no choice but to diversify its product line towards altcoins if the demand drops for their Bitcoin machines.

 

Unfortunately, Bitmain is yet to release any specific information regarding the price or expected shipping date of the E9— but we speculate a commanding and hefty fee on futures (MOQ with Bitmain at around ~$15,000 USD each), spot and reseller markets higher than even the L7 during the Dogecoin ATH (closing in on $30,000 USD each) and a late summer arrival in conjunction with the S19 XP deliveries.

 

Please use caution when preordering the E9 or any unreleased crypto hardware. It is important to note that resellers claiming to have preorders open for the Bitmain E9 such as “Zingacoin” on eBay or other platforms are basically using your money as “IFLs”– an insider term of dishonest resellers who use the funds of preorders as ‘interest-free loans’. Make sure you are protected with a credit card if possible for smaller orders and have a proper purchase agreement in place.