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Although the value of Bitcoin is still well above the $60,000 range, the hash rate of the network has soared above 184 exahash (EH/s) per second because mining equipment is much more profitable at these prices. The price makes the older generation of mining equipment manufactured four years ago have a processing capacity of more than 8 terabytes per second (TH/s), which can make daily profits and mine leading crypto assets.
Bitcoin hash rate follows Ethereum’s hash rate to a record high
On November 15, 2021, Bitcoin’s computing power climbed to 184 EH/s, which is 17.19% higher than the network two days ago November 13. Bitcoin (BTC) The hash rate is approaching the all-time high (ATH) recorded on May 9, 2021, at 191 EH/s.Bitcoin today Computing power index According to data from coinwarz.com, it shows that the computing power distance exceeds its ATH by only 3.8%.
also BitcoinThe computing power is close to ATH, the second largest crypto asset by market capitalization, Ethereum (ETH) Higher prices have also promoted its network hash rate.exist 932 days/second, Ethereum’s hash rate is very close to 1 petahash per second or 0.001 EH/s. Ethereum’s computing power has reached ATH and continues to soar, setting a new record.
In contrast, it is worthwhile for miners to mine Ether Bitcoin, As Ethereum It is the third most profitable network. As of press time, the most profitable ether miner, Innosilicon A11 Pro, can generate 1,500 megahash (MH/s) or 0.0015 TH/s per second, and earn $109.29 per day. The profit is estimated from asicminervalue.com, using today’s Ether exchange rate and electricity consumption of $0.12 per kilowatt hour (kWh).
Using today’s exchange rate, the top 3 Bitcoin miners make $36 a day-Bitcoin miners made 4 years ago are still profitable
The profit of the ether mining machine is greater than BitcoinOf mining profits come from the most profitable application-specific integrated circuit (ASIC) mining equipment.However, the three SHA256 compatible miners on the market today can use electricity consumption of US$0.12 per kilowatt-hour and today’s Bitcoin price.
Microbt Whatsminer M30S++, Ipollo B2 and Bitmain Antminer S19 Pro are the most profitable today Bitcoin Miners in the market, According to the statistics From asicminervalue.com. All three models have a hashing speed of more than 100 TH/s. At today’s exchange rate, the daily output of the Canaan Avalonminer 1246 with 90 TH/s is estimated to be US$27.55. In addition, in addition to the most profitable top mining equipment, the old-school miners of 2016 are now making a profit.
For example, using $0.12 of electricity per kilowatt hour per day, today’s Bitcoin For the price, Bitmain Antminer R4 (8.7 TH/s) can get at least $1.18 per day. The R4 miner was produced in 2017, and the popular Bitmain Antminer S9 (11.5 TH/s) manufactured four years ago can reach up to US$1.53 per day, and the electricity bill is US$0.12 per kWh.
What do you think of the recent mining operations and the increase in Bitcoin’s hash rate to 184 exahash per second? Please tell us your thoughts on this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wiki Commons, coinwarz.com, asicminervalue.com,
Disclaimer: This article is for reference only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any product, service or company. Bitcoin Network Does not provide investment, tax, legal or accounting advice. Neither the company nor the author assumes direct or indirect responsibility for any damage or loss caused or claimed to be caused by using or relying on any content, goods or services mentioned in this article.
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