How long does it take Antminer to mine 1 Bitcoin?

How long does it take Antminer to mine 1 Bitcoin?

For those with a smaller budget, it would take a single Antminer S19 Pro (an older generation, but widely available unit) a total of 1,356 days to generate 1 BTC in rewards when working with a mining pool—that’s the equivalent of generating 0.00073 BTC/day in rewards, or around $13.28/day at current prices ($18,200/BTC …

Can you mine Bitcoin with ASICs?

Cryptocurrencies that can be mined with ASICs include Bitcoin, Litecoin, Ethereum and a few others. Rig location: While GPU mining rigs can be located in one’s home, ASIC miners are louder and generate much more heat.

What is the best Hashrate for Bitcoin mining?

Antminer S19 Pro
#1) Antminer S19 Pro This is given the highest hash rate, efficiency, and power consumption. At the power efficiency of 29.7 J/TH, this crypto mining hardware generates a profit of $12 daily with an electricity cost of $0.1/kilowatt.

How long does it take Antminer s9 to mine 1 Bitcoin?

Network hash rate varies over time, this is just an estimation based on current values. if you consider one AntMiner s9 with hash rate 13.5 it will mine 0.03925 bitcoin per year at this rate it will take roughly minimum 27 to unknown years if block reward is fixed at 6.25 BTC.

Can you mine eth with Antminer?

A: The AntMiner S9 can only mine coins based on the SHA256 alagorithm such as bitcoin and bitcoin cash. Ethereum is based on a Keccak algorithm and is therefor unable to be mined with an AntMiner S9. A: S9 performs sha256 hashing only, so it cannot mine Etherium.

Is ASIC mining profitable?

Answer: Bitcoin mining is profitable with an ASIC in 2021. As of August 2021, a miner could generate 6.25 coins every 10 minutes. In addition, miners earned transaction fees of between 5% and 10% of the reward after mining a block.

Why are ASIC miners so expensive?

Currently bitcoin mining uses specialized computers called ASICs which are specifically designed to solve the puzzles requires to mine bitcoin. Due to their specific nature, the machines are custom designed and manufactured. As they are not mass produced, they cost more to buy.

Can you mine eth with ASIC?

The Bitmain Antminer E9 is the world’s most powerful Ethereum mining ASIC. Bitmain has launched a new ASIC tailor-made for Ethereum. It can hit peak hash rates of 3GH/s, roughly equivalent to 32 GeForce RTX 3080 graphics cards.

What is a good Hashrate for Ethereum?

To mine 1 Ethereum, you require a rig with a hash rate of 15,500 megahash a second or mh/s. This is the speed of your mining rig. To build a mining rig with such a high hash rate, you require more than 50 GPUs, which would cost you more than $100,000.

What is a good Hashrate?

For Ethereum a decent hash rate is generally measured in megahashes per second (MH/s, millions of hashes per second), while for Bitcoin a decent hash rate is in the tens to hundreds of TH/s range (trillions of hashes per second).

What is an ASIC Bitcoin device?

ASIC Bitcoin Trading Devices, ASIC devices are specially designed for the aim of mining because they’re the only devices powerful enough to mine most cryptocurrencies. Not only do i need a running ASIC miner to urge a chance to take advantage of the mining, but you furthermore may have a relatively new ASIC miner.

How to mine Crypto on laptop?

Get a monero wallet. You need to download,install,and set up a crypto wallet,using one of the supported monero wallets.

  • Mining software. One of the most popular monero mining software is XMRig.
  • Window Security exclusion.
  • Choosing a monero mining pool.
  • Generate the config.json file.
  • What ASIC miner to buy?

    High-spending investors. If you want to become a serious miner with hundreds of machines, the best bet is to purchase…

  • Hobbyist miners. It can be profitable to be a hobbyist ASIC miner, because secondhand ASICs are often cheap, and because…
  • Other supplies. Don’t forget to purchase other supplies that may be required for your ASIC. Sometimes,…
  • What is the easiest cryptocurrency to mine?

    Vertcoin. Now that widespread criticism has started to arise over the increase in large scale cryptocurrency mining, some smaller digital currencies decided to put the kibosh on it.