Bitmain Announces a Beefier Z9 Equihash ASIC Miner


Bitmain has introduced a lot of new ASIC miners over the past twelve to eighteen months. Most of those devices have been met with a fair amount of scrutiny, mainly because they facilitate mining centralization. The Antminer Z9 is the bigger sibling to the Z9 Mini. For currencies using the Equihash algorithm, it will certainly pose some big changes come September. Another New Bitmain ASIC Miner It was only a matter of time until Bitmain revealed yet another ASIC cryptocurrency mining unit. The company has paid a lot of attention to developing hardware for currencies which use completely different mining algorithms from Bitcoin. As such, some of the smaller-cap altcoins have been forced to deal with this new form of mining hardware through a variety of means. As is always the case when a new mining unit is introduced, there have been growing concerns over its impact on the networks. A new Bitcoin mining unit would not make much of an impact due to its vast overall network hashrate. Currencies relying on the Equihash algorithm may struggle a bit in this regard. To put this into perspective, there is an Equihash ASIC miner on the market today. That unit, the Z9 Mini, was developed by Bitmain as well. It has proven to be an interesting mining unit and has already forced at least one currency to switch its mining algorithm to something that’s ASIC-resistant. When the Z9 comes to market, it is very likely a lot of other currencies will take…
Source: Bitmain Announces a Beefier Z9 Equihash ASIC Miner

Leave a Reply

Your email address will not be published. Required fields are marked *