Bitcoin's lower price and mining difficulty rise has put a squeeze on bitcoin mining profits during the last seven days.
. Two weeks ago, these two mining devices were getting $13-16 per day in profits, and two weeks before that, profits were up to $25 per day per machine.
Following Microbt’s M30S++ machine, are three models from Bitmain stemming from the S19j series, which process between 96 to 104 TH/s. These three models make an estimated $8.23 to $8.91 per day in profit. The sixth most profitable mining rig today is Microbt’s Whatsminer M30S+, which processes around 100 terahash per second.
The M30S+ pulls around 3400W of electricity off the wall and with electricity rates at $0.12 per kWh and currentexchange rates, the mining rig can profit by $7.28 per day. A great number of older bitcoin mining machines, with less than 28 TH/s in processing power, are having a hard time grabbing profits unless the electricity rates are lower than $0.12 per kWh.
This means that older generation units, like the well known Bitmain S9, are far less profitable today than they were when
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms – Mining Bitcoin NewsArmenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant.
Les mer »
Despite the Price Crash: Bitcoin Hash Rate and Mining Difficulty at ATHBitcoin's mining difficulty went through another positive readjustment leading to a new ATH, similarly to the hash rate. BTC's price, though, keeps dumping.
Les mer »
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearingYou’ve got to start somewhere. A congressional hearing on environmental effects of cryptocurrency mining provided educational experience for lawmakers that could influence future policy.
Les mer »
Intel may be working on specialized chip for mining Bitcoin | Digital TrendsIt appears that Intel may be venturing into cryptocurrency mining hardware. A new rumor shows that Intel may be working on a Bonanza Mine Bitcoin mining chip.
Les mer »
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says – Regulation Bitcoin NewsRussia can legalize crypto mining and stablecoins backed by gold under government control, a member of the Russian parliament has suggested.
Les mer »
Explosion kills 13, flattens village in Ghana mining regionAt least 13 people were killed and scores injured when a truck carrying explosives to a gold mine in western Ghana detonated, flattening a rural community, the police said on Friday.
Les mer »