XtGem Forum catalog
Tags: BEST, new, Useful

Antminer S9 Profitability

Professional Mining Hardware. With Difficulty rising and the halving of block rewards imminent, the S7 is reaching the end of its profitability for those antminer s9 without access to cheap power… although if Bitcoin's exchange rate rises sufficiently, the S7's profitability may well be extended beyond expectations.
In comparison to the price of the Antminer S9, the DragonMint 16T is a better value. Antminer S9 SE is a special version of the classic Antminer S9, using a new generation of chip technology and design structure, enabling the unlimited potential of the classic bitcoin mining machine.

Since our calculator only projects one year out, we assume the block reward to be 12.5. We also use the current Bitcoin price in our calculations, but you can change the Bitcoin price to anything you'd like to get better data. Their popular products were the Antminer R4 and S7, however, their latest S9 is a one-stop solution to all Bitcoin mining difficulties.
Bitcoin transaction fees are issued to miners as an incentive to continue validating the network. The S7 is twice as efficient as the S5 at converting all this energy into bitcoins; it requires a modest 0.25 Joules of power per Gigahash. The SP20 draws a lot of power for its hashrate, which is low by modern standards.
Right now, this is the Halong Mining Dragonmint T1 Since miners use a large amount of electricity, you want to buy one that converts the most amount of electricity into bitcoins. Antminer S9 is an ASIC miner produced by a company called Bitmain. Many people read about mining pools and think it is just a group that pays out free bitcoins.

Out of all the Bitcoin miners, Dragonmint is considered pretty fast, as it has the highest hash rate of 16TH per second. This is because all Bitcoin mining software will ask you for a Bitcoin address that will be used to send your mining rewards and payouts.
Compared to its predecessors the S9 is without a doubt the most profitable miner any hobbyist can get their hands on. With the right mining pool and the right location for minimal power costs, this machine can earn a great return on investment. But, most of the pools listed above are only for Bitcoin mining.
As smaller manufacturing processes become standard across the industry and as other manufacturers release competing hardware, the S9's price can be expected to fall appreciably over the coming months. A least amount of energy only is being expended compared to all other miners out there, therefore making it the most efficient miner as well.

However, Bitcoin miners discovered they could get more hashing power from graphic cards. The S9 is an excellent piece of hardware although expensive, it has proven its worth in the versatile field of mining. The efficiency of power supplies is a worthy topic of investigation for any aspiring Bitcoin miner; inefficient, unrated power supplies will waste electricity and create extra noise and heat.
Disclaimer: Results from mining calculator are estimation based on the current difficulty, block reward, and exchange rate for particular coin. The size of mining pools is constantly changing. It uses close to 0.1 Joules per Gigahash and the total power consumption is expected to be around 1350 W. The Antminer S9 will produce a lot of heat, hence it is important to place it in a separate location.

Owing to Bitmain's advanced technology, the S9 is highly power efficient and when compared to the S7 and any other hardware released before it. Miners Europe has been reliable and visible partner for the crypto mining hardware industry for years. The S9 utilizes a combination of conduction and convection cooling to make the world's most powerful miner perform best without getting hotter than any other terahash bitcoin miner.
Back to posts
This post has no comments - be the first one!

UNDER MAINTENANCE