Ebit Miner E9 Plus adopts the latest independent developed 14nm chip, ideal hash rate can be 9TH/S, and power consumption ratio is 145W/T.It has low power, high hash rate advantage, and using the independent heat sink, with excellent heat dissipation. Heat sink using the latest bonding technology, shell material is more robust, to provide better protection for your machine and bring high benefit to the global miners.
USED Ebit E9 Plus Miner Parameters
Ideal hash rate： 9TH/S（-2%～+10%） USED Power consumption ratio on wall：145W/T（-10%～+15%，AC/DC 93%efficiency，25℃ ambient temperature） Rated voltage： 11.8V～13.0V
Chip Info.： DW1227 132pcs（14nm LPP process）
Power interface： 9*6PIN port Dimensions： 290mm*126mm*155mm
Blockchain companies and cryptocurrency investors have very few friends in Washington – but that may soon change, as first-time Democratic congressional candidate Brian Forde looks to win the important Orange County, Calif. seat this November. Supporting Emerging Technology With a campaign not even a year old, first-time politician Brian Forde hopes to support blockchain-friendly legislation in Congress. More than just a simple blockchain proponent, however, Forde has some serious credentials. He was previously the director<br />Read More<br />The post Bitcoin May Finally Have a Friend in Washington appeared first on Bitcoinist.com.
Credit: Pixabay. There’s a lot of talk these days about the crash of the so-called ‘bitcoin bubble’, but a lesser-known aspect of crypto investing is the huge power drain that these novel currencies incur. According to one estimate made by Spyros Foteinis, a Greek environmental engineer, bitcoin and ethereum mining are already consuming 47 terawatt-hours […]
Over the last couple weeks, bitcoin has seen a dramatic drop in price dropping from $20,000 to $6,000. Shortly after bottoming at $6,000, hopeful investors jumped at the chance to catch a discounted coin. Is this rise sustainable and does it mark the end of the drastic correction?Let’s take a look at the macro trend:Figure 1: BTC-USD, 1-Day Candles, Macro TrendOne of the most concerning things regarding the health of this trend is the breakdown of both the parabolic and linear trends. Both trends lasted several years and represented the entire life of a multi-year bull market. A breakdown of these trends marks the beginning of a new market and a new trend. Whether this is going to be a sustained bear market or we have bottomed out and are beginning a bull market remains to be seen, but a few things are sticking out that point toward the possibility that this correction might not be finished just yet.Figure 2: BTC-USD, 1-Day CandlesFirst, we are currently finding resistance on the 1-Day 200 EMA (the red curve). If we look up at Figure 1, we notice that this is the first time since 2015 (the end of the last bear market) that BTC-USD has been below the 200 EMA. Throughout the life of this bull market, bitcoin has reliably found support on the 200 EMA. However, at the time of this article, the price is trending below the 200 EMA and is currently in the process of testing the strength of its resistance level. Second, we can see a notable drop in overall volume since the price bottomed out at $6,000. Every single daily candle since we bottomed out has seen less and less volume, indicating a lack of interest from larger buyers at these prices. This price pattern could yield a bearish continuation in the form of a bear flag. Bear flags are brief intermittences in bearish trends where the price temporarily rallies due to bullish speculation, but fails to continue upward. The texbook sign of a bearish continuation is a brief rally coupled with diminishing volume. Figure 3: BTC-USD, Daily Candles, Potential Bear FlagThe measured move of this bear flag would have us targeting somewhere between $3,000 to $4,000. I don’t consider this price target out of the question as the all previous bear markets have yielded a 78% retracement in price. Currently, our 78% retracement sits around $4400.Summary:Bitcoin has seen a local bottom around $6,000.A weakening rally has left bitcoin testing strong resistance on diminishing volume.A potential bearish continuation could send bitcoin down to the low $4,000s, after everything is said and done.Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.This article originally appeared on Bitcoin Magazine.