The most promising and profitable for bitcoin mining today is the Antminer S19J Pro ASIC miner from Bitmain, explained Maxim Gureev, head of BitCluster sales department. According to him, profitable mining of the main cryptocurrency can be started with the purchase of at least 10 such devices.
To accommodate 10 ASIC miners, it is necessary to find a room and provide a cooling system, since these devices are used in the industrial production of cryptocurrency. They consume a lot of electricity and generate a lot of heat.
“Now it makes sense to invest in the purchase of equipment for mining. Purchasing devices pays off quickly and mining is very efficient. This is due to a drop in the complexity of the network due to the disconnection of a large number of devices in China and the consistently high rate of bitcoin,” Gureev said.
In August, the bitcoin hashrate continues to recover after the largest drop in history. In June, the amount of computing power used to mine cryptocurrencies dropped by more than 50% following the introduction of a mining ban in China. On August 10, the bitcoin hash rate is 115 Eh / s (exahashes), according to the BitInfoCharts service.
Bitcoin is up 35% in a month. The price of the main cryptocurrency reached $46.7 thousand on the night of August 10.
Industrial bitcoin mining
An industrial mining farm consists of at least 30-50 ASIC miners, says Roman Nekrasov, co-founder of the ENCRY Foundation. According to him, there are now a lot of used miners from China on the market, where cryptocurrency mining was banned. However, Nekrasov does not recommend contacting such equipment, since its performance indicators may be significantly lower than new devices.
According to Nekrasov, a farm of 30 new Antminer S17 miners can bring in about 592,000 rubles a month, excluding the cost of employee salaries, energy consumption of air conditioning systems, components, rent, etc.
“A mining farm is promising, but you need to choose the right equipment and calculate the entire economy, find a suitable location with favorable electricity rates and other conditions,” said the co-founder of the ENCRY Foundation.
I am sure that cryptocurrency mining will develop rapidly in the near future and everyone should try to mine cryptocurrency right now