What Coins Can Antminer A3 Mine? (What Can Antminer S3 Mine?)

What coins can Antminer A3 mine? According to reports, Antminer A3’s official article states that the Antminer blockchain A3 (Antminer) mining system can convert digital currencies based on the Ethereum network into equity proof-of-stake consensus mechanisms. It can achieve automatic execution of code and automated management of assets in smart contracts.

The Antminer blockchain B2C application platform supports multi-currency payment services, encrypted wallet functionality, and other financial tools services. Currently, Antminer A3 is still in the testing phase, and users can inquire about this product through the official website.

What Can Antminer S3 Mine?

This afternoon, Antminer S3 officially went online. As one of the earliest domestic blockchain hardware products, it not only brings convenience and cost-effectiveness to Bitcoin mining but also allows investors to generate profits. However, it is not good news for ordinary people. In the decline of cryptocurrency prices, can the “new machine” really take off?

In addition to the “old generation devices,” there are many other technologies currently under development:

1. Antminer S2: Can support multiple public chains.

2. Cryptocurrency custodial services.

3. Cloud computing platforms and server architectures. All of these can be used for mining with Antminer S3.

According to an announcement from Ant Financial Services, many customers are currently using Antminer S3/T4 models for mining (as shown in the figure below).

However, since last year, there have been some small-scale mining activities in the market. For example, a large number of users on a certain exchange were unable to trade, leading to huge losses for some investors, and some even had to shut down their operations. On August 11th of this year, the shipment of Antminer S2/T4 machines once exceeded 10 million units. On the 12th, some media outlets revealed that due to a sharp drop in prices, there may be considerable price fluctuations in the short term, so many people choose to wait temporarily. Recently, the sale of Antminer S3+T4 machines has ended.

In addition, with the continuous rise in Bitcoin prices, more and more funds are pouring into this field. We believe that this is a positive factor for the mining market. Can miners participate in mining by purchasing “old models” (such as Antminer L3+ or S3)? What are the advantages of Antminer L2+T3?

Firstly, the mining efficiency is high! According to the official website of Antminer, it can currently mine approximately 1 billion BTC, which is equivalent to more than 20% of the current global circulation. However, if we do not consider the price trend and the changes in current mining difficulty, Antminer L9+ will only need to provide a hashrate of 50thash or above, which is almost the same as the peak in 2017. Secondly, after the upgrade of Ethereum 2.0, the network performance has significantly improved. Lastly, the smart contracts based on Ethereum can achieve ultimate performance and stability. Once achieved, it may become a “DeFi killer” Ethereum project, as currently, ETH accounts for 80% of the entire network’s hashrate, which may bring immense competitive pressure to mining pools.

Secondly, what are the mining methods? What does Antminer L1+T3 actually do? In addition to the above-mentioned technical features, Antminer S2/3D chips also provide a new CPU power supply solution – ASIC chips. This algorithm is automatically calibrated by executing frontend code to ensure the maximization of computer computational power.

It is understood that the A-card industry is mainly divided into three categories – graphics card mining, including basic components such as video memory and hard drives, such as M30 series, Chipmotion A6Pro, Shenma C7i5, Avalon E9 series. These two types of GPUs are mainly used for mining.