Topic: bitcoin miner (Read 180 times)

I run various different makes, types and models of miners - here are some examples of the miners I use (earnings quoted are accurate today only - research 'bitcoin difficulty' to understand how the earnings change over time):

Bitmain Antminer S19J 100T.

Power Consumption: 2950w
kWh: 2.95
kWh per day: 70.8
Bitcoin earned per day: 0.00042

Whatsminer M30S+ 82T.

Power Consumption: 3700w
kWh: 3.7
kWh per day: 88.8
Bitcoin earned per day: 0.000353

Bitmain Antminer S17e 60T

Power Consumption: 2700w
kWh: 2.7
kWh per day: 63.8
Bitcoin earned per day: 0.000252

You can get an idea of miner prices here: https://sales.hashexpert.net/latest-crypto-mining-equipment-prices/

To do a very basic calculation of how much you will profit or lose you need to take into account your energy cost per kWh, the power consumption of the miner and bitcoin price.

a = Energy cost per kWh
b = Power consumption of the miner (kWh per day)
c = Bitcoin price
d = Bitcoin earned per day
? = Profit or loss amount

(c x d) - (a x b) = ?

Lets say you power cost is $0.10 per kWh and you're running an S17e 60T:

a = 0.10
b = 63.8
c = $22,000
d = 0.000252

c x d = $5.54 (Bitcoin earned in a day)
a x b = $6.38 (Cost to run the miner per day)

Result = LOSS of $0.84 per day.

In addition to this basic calculation, you'll also have to consider the purchase cost of the miner, how long it will take to ROI (to make enough profit to recoup the initial outlay for the hardware)

Here's the problem with this line of thinking: It doesn't take into account that based on economics, and the limited supply of ASICs on the market, that the average price of an ASIC miner will be inflated with respect to price pumps//rallies/bull runs.

A moden miner could very well sell at the price of half or 2/5's of the BTC price in such market conditions.

It can vary a lot, from losing a lot of money, to earning some. Also it depends on many factors, like, what are you planning to do with the mined bitcoins, how much is your electricity, specific tax rebates you can get in your country, etc.

You need to see the specifications of the device. Check out how much power it uses (Watts) and what's the hashing rate (TH/s). Then check how much your electricity costs to run that device, and you'll see exactly how much it will cost you to power it and you can get an online calculator to estimate how much bitcoin you'll get for that hashing rate.

There are so many factors that it's really impossible to answer your question.

I can guarantee one thing though, it will be hot and loud.

before you know from electricity, power and money back. have you measured the price of hardware today? try to imagine when bitcoin one day reaches $100,000 it's not too early? you intend well enough to participate in mining, don't you want to try mining with what you have, or do something easy to get bitcoin? if you've started it, it's not an offer. then do it

If you search it in Google the result is almost altcoin mining.
If you are looking for a list of ASIC miners with electricity costs and daily earnings you can check this link below.

- https://www.asicminervalue.com/

For the unit price go directly to the manufacturer or click the logo of the unit it redirects you to the distributor or manufacturer.

Cost, lots, electricity, lots.

Or try google.

Guys, please, whoever has a Bitcoin mining device, can he explain the percentage of profit and some information that can help us and how much it costs, for example, and how much electricity it takes