AnexMiner ET3 is another Ethereum miner that still makes a profit despite its release in August 2021. The miner comes with a maximum hashrate of 300 Mh/s and power consumption of 240W. ET3 model is the first of its kind from the AnexMiner. The manufacturer has produced two other profitable models, ET5 and ET7. Here’s our detailed ANEXMINER ET3 REVIEW.

A Brief Overview of the AnexMiner ET3

The miner has a slightly different appearance than the other E models produced by the manufacturer. You get a more detailed miner in terms of appearance. It looks like a car battery with handles on both sides.

With a power consumption of 300 Mh/s, this is the best miner to get if you’re starting. The miner is a home miner with a low noise level. You get a miner with maximum noise decibels of 60.

After getting the miner, you can join several other mining pools. Joining a mining pool increases your chances of mining better. These mining pools include Ethermine, NiceHash, Poolin, SparkPool, and ViaBTC.

Several other stores have this miner in stock. The current price as we post this review in 2023 is $12,000. You must buy from a reliable store with refurbished and used miners selling for less.

You can join a cloud mining farm for those who don’t want to incur any operating costs. Please ensure the mining farm is ideal and offers transparent and timely payouts. You can read our reviews to find the best store to buy a miner.

Worried about scammers? Follow our guidelines, and you will get the best way to buy an Asic miner.

Algorythm of the AnexMiner ET3

One of the reasons why Ethereum-based miners are profitable is the merger that happened in 2022. With the Ethash algorithm, you get a faster mining unit thanks to the rapid use of DAG and GPU memory.

You get a more scalable network over time with the proof of stake algorithm. The Ethash algorithm tries to find a nonce input using brute force computation. And that ensures the resulting hash is way smaller than the threshold determined by mining difficulty.

Efficiency of the ET3 AnexMiner

With a maximum power consumption of 240W, this miner makes it possible to mine over an extended time. With low power consumption, there’s also a disadvantage in that the miner doesn’t have much speed.

You need greater speeds to find and solve block puzzles to earn crypto. And that means you need a compilation of high hashrate and enough power consumption. The ET3 has lower profitability than any other E model under the AnexMiner banner.

Hashrate of the AnexMiner ET3

You get a miner with a maximum hashrate of 300 Mh/s which is significant in mining Ethereum. With Etheruem-based coins, you don’t need a high hashrate compared to Bitcoin and other cryptos such as Kadena.

A high hashrate is also an added advantage as it ensures the network is secure from the 51 percent attack. The high hashrate also ensures miners verify transactions on the network quickly. That’s why having a miner with adequate hashing power is important.

Noise levels

For those who want to mine at home, the ET3 is a great miner to use. The miner comes with a maximum of 60 decibels. It makes it easy to store the miner even using a large setup and face no noise complaints.

Profitability of the AnexMiner ET3

The current market profit stats show that the miner makes less than a dollar a day. Please remember the stats change depending on the prices of Ethereum. Once they favor the mineable coin, the daily profit rises.

Warranty of the ET3

Expect a warranty of not more than 180 days for a new miner.