While the cryptocurrency economy is worth just under $ 2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still extract ethereal, a 1.5 gigahash (GH / s) Ethash mining device can earn $ 51.58 a day. SHA256 bitcoin miners, which can process at speeds of up to 110 terahash, can earn $ 13.74 a day in bitcoin profits.
Cryptographic miners continue to accrue profits, Ethereum’s top mining platform can make an estimated $ 51 a day
The price of bitcoin (BTC) is still down about 40% since the all-time high (ATH) and ethereum (ETH) of cryptocurrency assets lost 37% against the U.S. dollar since cryptocurrency ATH. Despite the fall in value, bitcoin and ethereum miners are still reaping decent profits as both networks saw their hashrate hit ATH in 2022.
The Bitcoin hashrate was above 200 exahash per second (EH / s) and the Ethereum hashrate is 1.12 petahash per second (PH / s). In mid-April 2022, the most profitable cryptographic asset to mine between the two major cryptographic assets is Ethereum.
For example, a single Innosilicon A11 Pro ether mining platform, which processes the Ethash algorithm at 1.5 GH / s with an electrical cost of $ 0.12 per kilowatt-hour (kWh), can get an estimated profit of $ 51. $ 58 a day. That mining platform, however, purchased directly from Innosilicon will cost the buyer $ 18,888 or 0.468090 BTC at the time of writing this article.
A single Innosilicon A10 Pro + ether mining device (0.7 GH / s) will cost $ 9,000 or 0.223042 BTC, according to the company’s website. After counting the purchase price, a single Innosilicon A10 Pro + at 0.7 GH / s or 700 megahash per second (MH / s) can benefit from $ 25.28 per day.
Today’s leading Bitcoin mining platforms remain profitable, next-generation SHA256 machines to reach the public in Q3 – Kadena, Scrypt, X11 Miners Profit
The most profitable bitcoin miner in mid-April 2022 is the Bitmain Antminer S19 Pro, a machine that processes the SHA256 consensus algorithm at 110 terahash per second (TH / s). Using current bitcoin (BTC) exchange rates, a single Antminer S19 Pro will earn $ 13.74 a day in profits.
Microbt’s Whatsminer M30S ++ at 110 TH / s earns $ 13.52 per day using BTC exchange rates and current electricity costs at $ 0.12 per kWh. At the time of publication, an Antminer S19 Pro costs $ 9,460 per unit and the Whatsminer M30S ++ $ 7,997 per unit.
Bitmain recently announced the launch of two new bitcoin miners (BTC) called Antminer S19 XP (140 TH / s) and Antminer S19 Pro + Hyd (198 TH / s). The S19 XP, which uses current BTC exchange rates and electricity costs of $ 0.12 per kWh, can benefit from $ 20.73 per day.
While Bitmain’s S19 Pro + Hyd, using the same numbers, can currently benefit from $ 25.89 per day. In addition to Bitmain, Microbt has unveiled a new bitcoin miner called Whatsminer M50S (126 TH / s) and M50 (114 TH / s). According to the two mining manufacturers, the S19 XP, S19 Pro + Hyd, M50S and M50 will be shipped in the third quarter of 2022.
In addition to the Ethash and SHA256 miners, ASICs that can mine Kadena, Scrypt and X11 are also cost effective. Kadena miners extract KDA, while Scrypt devices can extract litecoin (LTC), dogecoin (DOGE), digibyte (DGB), and a few others. While X11 machines can extract dash (DASH), cannabiscoin (CANN) and ax (AX).
Kadena ASIC miners can get an estimated $ 50.05 a day and a Scrypt miner can get about $ 51.11 a day. A top-notch X11 mining platform can produce an estimated $ 16.96 per day using current exchange rates and $ 0.12 per kWh in electricity costs.
What do you think of the major current machines and major cryptographic assets that are still profitable for me? Let us know what you think about this topic in the comments section below.
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