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Bitmain’s new Ether ASIC mining rig may not fix GPU shortage after all

No official release date has been announced for the E9 yet, however, the machine’s arrival may not be as impactful as first suspected. The rig faces competition in the form of Nvidia’s CMP (Cryptocurrency Mining Processor) range of GPUs designed specifically for crypto mining. Meanwhile, Ethereum’s scheduled move away from proof-of-work to a proof-of-stake consensus mechanism could mean the E9’s utility will be short-lived.

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Source: Cryptocurrency - investing.com

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