Bitcoin Price Rise Helps Older Generation of Miners Make a Profit
The Bitcoin hashrate increases steadily from week to week. It rose 19.23% from 130 exahashes per second (EH / s) to 155 EH / s within a week.
The Bitcoin market has done well this week, up 16.4% in the past seven days. Right now, Bitcoin is struggling to stay above the $ 55,000 region and has a trading volume of $ 37.7 billion.
As the value of Bitcoin has increased, it has allowed miners to make higher profits than they were a few weeks ago in September, and with the current troubles and electricity costs of around $ 0.12 per kilowatt hour (kWh), the Microbt Whatsminer M30S ++ is raking in over 34 USD per day per machine. Of course, the M30S ++ is powerful as each Microbt machine offers 112 terahashes per second (TH / s).
Bitmain Antminer S19 Pro (110 TH / s) is also raking in over $ 34 per day from next-generation miners. Canaan Avalonminer 1246 has a hashrate of around 90 TH / s, and estimates suggest it can make $ 25.88 per day at current Bitcoin prices. Strongu Hornbill H8 Pro generates 84 TH / s and a profit of $ 23.67 per day.
Older bitcoin miners with 11 TH / S or more can make $ 0.39 per day
Older miners like Ebang Ebit E11 ++ (44 TH / s) and Innosilicon T3 (43 TH / s) make profits between $ 11.02 and $ 11.77 per day. The miner that produces the lowest hash power is the Bitmain Antminer T9 (11.5 TH / s) which can make a profit of around $ 0.39 per day.
Each Bitmain Antminer S9 series also generates profits of $ 0.84 to $ 2 per day, depending on the S9 model. No new machines have been launched recently except for a new Singapore excavator manufacturer called Ipollo.
The B2 miner produced by Ipollo is said to have a capacity of 110 TH / s. Current earnings are $ 34.31 per day, but it just launched this month so reviews are still thin and lackluster.
Yesterday (October 10th) F2pool mining had the highest hashrate at 26.59 EH / s or 18.69% of the global network. F2pool is followed by Antpool (20.94 UH / s), Poolin (20.94 UH / s), Foundry USA (17.28 UH / s) and Viabtc (14.96 UH / s). Hidden or unknown miners account for 2.10% of the global hashrate and are in ninth place.
The current mining difficulty level is 19.890 billion and is expected to increase by 1.58% in eight days. This increase will bring the difficulty level back over the 20 trillion area, making Bitcoin mining almost 40% harder than it was three months ago.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
Teacher
According to News.Bitcoin
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
Author
Bitcoin
Bitcoin Price Rise Helps Older Generation of Miners Make a Profit
The Bitcoin hashrate increases steadily from week to week. It rose 19.23% from 130 exahashes per second (EH / s) to 155 EH / s within a week.
The Bitcoin market has done well this week, up 16.4% in the past seven days. Right now, Bitcoin is struggling to stay above the $ 55,000 region and has a trading volume of $ 37.7 billion.
As the value of Bitcoin has increased, it has allowed miners to make higher profits than they were a few weeks ago in September, and with the current troubles and electricity costs of around $ 0.12 per kilowatt hour (kWh), the Microbt Whatsminer M30S ++ is raking in over 34 USD per day per machine. Of course, the M30S ++ is powerful as each Microbt machine offers 112 terahashes per second (TH / s).
Bitmain Antminer S19 Pro (110 TH / s) is also raking in over $ 34 per day from next-generation miners. Canaan Avalonminer 1246 has a hashrate of around 90 TH / s, and estimates suggest it can make $ 25.88 per day at current Bitcoin prices. Strongu Hornbill H8 Pro generates 84 TH / s and a profit of $ 23.67 per day.
Older bitcoin miners with 11 TH / S or more can make $ 0.39 per day
Older miners like Ebang Ebit E11 ++ (44 TH / s) and Innosilicon T3 (43 TH / s) make profits between $ 11.02 and $ 11.77 per day. The miner that produces the lowest hash power is the Bitmain Antminer T9 (11.5 TH / s) which can make a profit of around $ 0.39 per day.
Each Bitmain Antminer S9 series also generates profits of $ 0.84 to $ 2 per day, depending on the S9 model. No new machines have been launched recently except for a new Singapore excavator manufacturer called Ipollo.
The B2 miner produced by Ipollo is said to have a capacity of 110 TH / s. Current earnings are $ 34.31 per day, but it just launched this month so reviews are still thin and lackluster.
Yesterday (October 10th) F2pool mining had the highest hashrate at 26.59 EH / s or 18.69% of the global network. F2pool is followed by Antpool (20.94 UH / s), Poolin (20.94 UH / s), Foundry USA (17.28 UH / s) and Viabtc (14.96 UH / s). Hidden or unknown miners account for 2.10% of the global hashrate and are in ninth place.
The current mining difficulty level is 19.890 billion and is expected to increase by 1.58% in eight days. This increase will bring the difficulty level back over the 20 trillion area, making Bitcoin mining almost 40% harder than it was three months ago.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
Teacher
According to News.Bitcoin
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
Latest
Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!
Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!
Press Release
The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!
Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance
