Ebang Ebit E11 is the first generation miner for the E11 class. The miner has a maximum hash rate of 30 Th/s and uses the SHA-256 algorithm. When it comes to power consumption, the miner offers a maximum of 1950W. 

It’s also known as the E11 30T and is owned by Ebang manufacturer. The miner offers users a chance to mine 40 coins, with Bitcoin being the top coin. Mining Rig Rentals and DigiByte are the most profitable coins as of now. 

Credit and Description of the Ebang Ebit E11

The miner is ASIC supported, which is a plus. It offers users a chance to manage it even while away, making it a favorite for newbie miners. You can do your work and closely monitor the performance and progress of the unit. 

The miner was released in October 2018, and the release price from the manufacturer was $1,110. Other profitable coins include Acoin, Joulecoin, Terracoin, and others.

You can link this miner with reliable and reputable mining pools. These mining pools include AntPool, NiceHash, Poolin, SlushPool, and ViaBTC. Interested miners can buy it directly from the manufacturer or from selected stores. 

Ensure you understand the terms and conditions. The miner has an easy to follow setup guideline. ECOS is the main distributor or supplier of this mining equipment.

Algorithm of the Ebit E11

With this being a Bitcoin miner, it uses the SHA-256 algorithm. The algorithm is hailed due to its supremacy in terms of safety and speed. There have been no vulnerabilities so far with this algorithm compared to other hashing algorithms. 

The miner uses the DW1228 chip, which comes in a size of 10nm. We should hail the manufacturer for using a small chip to deliver a high performing unit. The Bitcoin miner is efficient and fast despite having a small chip size.

Efficiency of the Ebang E11

0.065J/Gh is an efficiency rating that is high thanks to the miner's features and specs bring to the table. From what we have seen, the manufacture has compromised power consumption over efficiency. There’s high power consumption with this miner, which enables it to perform better. 

The miner comes with a maximum power consumption of 1950W, which is a problem to some. High energy consumption means high electricity bills to miners.

Hash Rate of the Ebang Ebit E11

The miner brings in a hash rate of 30 Th/s which is incredible from such a small mining chip size. And this is why the power consumption is high, unlike in other Bitcoin miners. The high hash rate offers an added advantage to miners. 

You can mine easily and faster thanks to a safe and secure network. The miner can mine more blocks per second, which helps miners mint more coins.

Noise and sound volume

It comes with 75decibels of sound, which is interesting considering the high power. The manufacturer can bring the noise down to environmentally friendly levels. You can use the miner at home and don’t have to worry about noise complaints. 

The miner is also a piece of perfect mining equipment for large scale Crypto mining. With low and manageable noise levels, miners will be mining day and night.

The Profitability of Ebang Ebit E11

There’s a profit ratio of -18 percent and an annual return percentage of -16 percent. Due to the current market conditions, daily profit is estimated at –$1.05. The manufacturer does not offer a payback period for this unit. 

Check your local electricity rates, as low rates will offer a higher chance of profitability. Returns per year are estimated to be -$385, which doesn’t sound convincing. Immediately the market favors the mining of Bitcoin, the profitability changes and favors this unit.

Warranty of the Ebit E11

The manufacturer offers a 90-day warranty for this unit. It only covers the original buyer of the mining equipment.