How much money antminer s9 makes

Most familiar Bitcoin miners are starting to face an increasing difficulty in mining and making wholesome profits. The enormous growth that has spurred the Bitcoin industry has also increased the need for better mucb among miners, who look for instant gratification. There seems to be an accumulation of profits in China, where mining is most reasonable and we notice that the Chinese competitive advantage has resulted in the extraction of several profit-dependent miners from the market. Monet order to increase sustainability for themselves, most home miners are looking at the momey efficient options to increase profitability. Much to the relief of the mining community, an extremely efficient and powerful miner was recently introduced into the market — the Antminer S9. The Antminer S9 has created a positive return of investment over the muxh and has proven to be a game-changer for smaller and hobby miners. Not too long ago, Bitcoin mining was possible using just gaming Ant,iner. With the rapid increase in miners and mining how much money antminer s9 makes, the mining pool was saturated thereby decreasing the possibility of mining at home because no GPU could provide the how much money antminer s9 makes Bitcoin hashrate. Their popular products were the Antminer R4 and S7however, their latest S9 is a one-stop solution to all Bitcoin mining difficulties. A top class ASIC miner that uses 16nm chip technology, the S9 provides superior hashrate making it instantaneously popular in the mining community. Check the cheapest price of antminer S9! With a hash rate of However, note that all power costs are specific to your location and mining pool fees and hardware expenses are not included. Ma,es reap maximum profits, a minimum time period of 10 months of mining is required bearing in mind the additional electricity costs as .

S9 Compared to Other Hardware

Join , subscribers and get a daily digest of news, geek trivia, and our feature articles. But now you need cheap electricity and a serious investment in specialized hardware to have any hope of making money. Mining has become more difficult over time, and is only becoming more difficult as times goes on. Any Bitcoin mined is a reward for producing these blocks. The more hardware power being thrown at Bitcoin mining, the more difficult it gets to mine Bitcoin. Instead, these people are using dedicated hardware optimized specifically for mining Bitcoin. This distinguishes them from CPUs and GPUs, which are general purpose computing devices that can perform a lot of tasks. ASICs are specifically designed to be as efficient as possible at a specific application—in this case, mining Bitcoin. They also use much less electricity while doing it. This is particularly important, as Bitcoin mining requires so much electricity and the cost of electricity cuts into your profit margins. This leads to a sort of arms race—you have to upgrade your ASICs to stay profitable because other people are upgrading theirs. When you think about it, Bitcoin mining is really just the process of converting electricity into Bitcoin. To mine profitably, you need cheap electricity. This device uses W of power, which is A calculator like the one on CryptoCompare. Your profits live or die by electricity costs. The Best Tech Newsletter Anywhere. Join , subscribers and get a daily digest of news, comics, trivia, reviews, and more. Windows Mac iPhone Android. Smarthome Office Security Linux. The Best Tech Newsletter Anywhere Join , subscribers and get a daily digest of news, geek trivia, and our feature articles. Skip to content.

Special Edition S9 With 16 Terahash per Second

Bitmain has launched yet another product for solo miners and large operations, but this particular Antminer is a low-cost mining rig. The first batch of rigs is expected to ship between July on first-paid-first-ship basis. Of course, U. People shipping miners to the U. The new S9 SE weighs about 4. According to the specifications , there are three hash boards with approximately Bitmain-designed chips. However, the S9 SE documentation does not reveal what type of semiconductors are used with the hash boards.

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank. You can also explore the Bitcoin Wiki :. Bitcoin Core is the backbone of the Bitcoin network. Almost all Bitcoin wallets rely on Bitcoin Core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running Bitcoin Core. You can also use Bitcoin Core as a very secure Bitcoin wallet. Check out his other work here. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. The funds already donated will be spent on some sort of advertising, as intended. As of now, If you have ideas for the remaining BTC, see here for more info. I’m thinking in buy one antminer s9 to put in a place where I have free electricity. Does anyone here have one S9 that can tell me how much should I earn per month? I need to know at this moment, how much should I earn per month? Keep in mind that it’s only that high because of the current price of Bitcoin. The price may go down, but difficulty will probably rise as well. Better hope they don’t notice. I have read that S9 is giving problems after a few months working, they break and the guaranty is only 90 days. Do you know anything about this?

Second Market, Old and Low-Hashrate Mining Rigs

What is the catch with this? It would give me a pretty good profit if i buy 10 of. I’ll appreciate if someone answers me. For how long these calculations is going to work? Interested in earning btc? Do you own a working blockchain wallet, if not you can open a new one which i prefer for a clean transparent transaction No referrals, no ads.

It is simplified. Send me a message pm for more info. Alright. As an IPM? These miners can be used to earn more with either Litecoin. And the amazing thing about these miner is that it consumes very low power. Hi Fellas! Cryptocurrency Trading is the Forex Foreign Exchange of cryptocurrencies.

Cryptocurrency Trading is an alternative way to get involved in the Crypto-World. Crypto trading is now seen as a good opportunity to make good money. Many coins quadruple their value in less than a week when a good strategy is implemented. I have been trading it for close to 2 years now and I’ve made about K due to the fact that I invested wisely and now my wife have also joined the Crypto-World with me.

Can it be use for mining any other coin or do any other thing? Does a laundromat make money? Bitcoin Mining in February — Still Profitable? How Much? Bitcoin Mining in January — Still Profitable?

Buy Antminer S9 on eBay. This peak was reached on May 24 th Such tremendous growth has been spurred by major investment into Bitcoin mining technology and operations. Profits have accumulated where mining is most profitable Mcuhwith the result that several competing operations eg. KNC have been forced out the industry. We have tried to calculate the amount of money that the Chinese have invested in mining, we estimate it to be in the hundreds of millions of dollars. Even with free electricity we cannot see how they will ever get this money. The same Chinese competitive advantage has been doubly effective at squeezing the mone hobbyist miner from the market. With the block reward halving looming, the mney of all but the most efficient operations will likely be challenged. Given that profits derived from the current generation of mining hardware are dwindling and will likely reach negative returns post-halving:. Can the new S9 change the game for smaller and hobby miners and restore their juch profitability? Note: Before you buy an Antminer S9 make sure you already have Bitcoin mining software and a Bitcoin mining pool. The first batch of S9s will be available for order directly from Bitmain from the 12 th of June. However, the lower your electricity costs, the better your odds of miney miner mhch for itself within a reasonable timeframe. Judging value in this space is a complicated exercise, although it would appear that nothing vastly technologically-superior to the S9 is likely to be released in the near future. The release cycle of a new generation of mining hardware every few months is likely to decelerate from this point on, as manufacturers have transitioned to cutting-edge 16 and 14nm designs. The on-going hos of semiconductors allows ever greater computing power and electrical efficiency, but the process cannot continue forever with the current technology. The 16 how much money antminer s9 makes fabrication process used in the manufacture of the S9 is a major improvement upon the 28 nm design common to other modern mining devices. Although a 10nm process is on the horizon forfurther increases beyond antmnier remain theoretical. Further, the design how much money antminer s9 makes manufacture of any 10nm Bitcoin mining hardware is likely to take at least a year.