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Going intoseveral competitors have been showing up - and some of them claim to be more powerful than the S9, to offer lower operating costs for the same hashpower. This guide will go through these competitors, analysing the state of their development and potential costs. Lack of information on new ASIC miners? There's a lot of money flowing into Bitcoin in earlymany billions of dollars. This has led to a higher demand for sending Bitcoin between exchanges and wallets.
At the time of writing this there areunconfirmed transactions in the Bitcoin network outstanding Bitcoin payments.
Although this has led many people to move their money to other coins like Litecoin and Ripple, many millions of people are still sending money using Bitcoin. This has led to more awareness of Bitcoin mining and its potential profitability - then leading to a higher demand for Bitcoin mining hardware ASICs in particular. Even back in there was demand for Bitcoin miners, but not in this demand is signficantly higher. Hundreds, if not thousands, of Bitcoin miners are being bought and sold every day.
Many people want a piece of this, to create a miner that can compete with the Antminer S9. The big problem here is that if anyone were to announce a new miner better than the S9, anyone working on their own miner would now be aware of their competition - and start working to either offer more hashpower for the same operating cost, or a lower purchase price.
In short, because of the ecosystem around Bitcoin miners, it can be very difficult to get legitimate information on new ASIC miners. This is a miner announced by Halong Mining back on the 22nd November When compared to the Antminer S9, it would potentially use W less for the same hashrate, and at a cooler temperature. There's been an ongoing discussion about this miner since its release date on Bitcoin Forumwith no independent reviews available yet as of the 4th January See this guide for a benchmark against the S9.
That said, many people have reported shipping issueswhere after ordering E9's they were told stock had run out. In these cases people seem to have been offered refunds, but this suggests they're currently being overwhelmed by orders - so you might find it difficult to buy one of these.
A company called Canaan Creative has released several Bitcoin miners in the past, the Avalon 6 and 7 often known by a common variant, the AvalonMiner The Avalon looks to offer better efficiency than many variants of the Antminer S9, and the Avalon may be well worth it if you can get access to cheap electricity, as it will likely be cheaper Antminer S9 prices have been skyrocketing in late This site cannot substitute for professional investment or financial advice, or independent factual verification.
This guide is provided for general informational purposes only. The group of individuals writing these guides are cryptocurrency enthusiasts and investors, not financial advisors. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can't afford to lose - you should be prepared to sustain a total loss of all invested money. This website is monetised through affiliate links.
Where used, we will disclose this and make no attempt to hide it. We don't endorse any affiliate services we use - and will not be liable for any damage, expense or other loss you may suffer from using any of these.
Don't rush into anything, do your own research. As we write new content, we will update this disclaimer to encompass it. We first discovered Bitcoin in lateand wanted to get everyone around us involved. But no one seemed to know what it was! We made this website to try and fix this, to get everyone up-to-speed!
Click here for more information on these. All information on this website is for general informational purposes only, it is not intended to provide legal or financial advice. Best Antminer S9 Competitor in ? There are two main effects of this: To get the attention of potential buyers, miner manufacturers need to out-do their competition in some way - even if they don't have a working miner yet.
This causes many companies to claim that they're a few months away from 'the next best' Bitcoin ASIC miner, when they might not even have a working prototype yet.
This is worsened by devices often being offered in pre-orders, where you can get a discount on a miner by paying now - and getting the miner in say 6 months. Many of these scenarios lead to either customers not getting their miners, or by the time they do get them - another competitor offering something better; leading to a lot of skepticism in this space. Linked to the above, sometimes early prototype miners are sent to reviewers to help spread word about them and prove that they're legitimate.
In principle this is great, as it shows that these miners are real. But as competition intensifies miner manufactures are incentivised not to do this - as technical specs may leak to their competition, leading to embargoes and very few reviews before these miners are shipped to the general public.
Avalon 8 A company called Canaan Creative has released several Bitcoin miners in the past, the Avalon 6 and 7 often known by a common variant, the AvalonMiner May 5th, What is the Antminer Z9 Mini? Written by the Anything Crypto team We first discovered Bitcoin in lateand wanted to get everyone around us involved.
Never invest money you can't afford to lose.
