Author

Topic: What miner buy? (Read 88 times)

jr. member
Activity: 89
Merit: 2
January 16, 2024, 11:26:49 AM
#5
with mining getting a good ROI  is difficult
member
Activity: 238
Merit: 54
January 16, 2024, 09:45:16 AM
#4
  

  Miner don't buy but create new Bitcoin by solving very complex math problem which verify transaction in the currency, if a Bitcoin is successfully created the miner gets paid by the already notified amount of Bitcoin in solving these math problem and adding a block successfully miner requires the use of expensive computer and very high amount of electricity,  to finish the mining process miners must be the first to get to the correct or close anwer to the question. When you guess to get the correct answer its term proof-of-work and when a block is added to a blockchain successfully, there miner will be paid and the reward amount  is half almost every four years or at every 210,000 blocks being mined.

   Application -Specific Integration Circuit is the computer hardware is needed when mining because it consumes high amount of electricity and has reduced the profit of the miners .
newbie
Activity: 27
Merit: 2
January 13, 2024, 06:52:45 PM
#3
I bought a A1 pro.

Thanks to all.

Topic solved.
copper member
Activity: 1386
Merit: 1481
Bitcoin Bottom was at $15.4k
January 13, 2024, 05:42:41 AM
#2
I would recommend you to check this website over here: https://whattomine.com/miners
It shows the current profitability of all the miners in the industry. You can also enter your energy cost and it will give you revenue per day.

Good Luck!
newbie
Activity: 27
Merit: 2
January 13, 2024, 02:53:03 AM
#1
Hi all, what miner buy? Ebit e9+, s9j, z9 mini?

Any help will be appreciated.

Thanks a lot.

All the best.
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