I have wanted to mine Bitcoin for a very long time...
I figured it would be too expensive to buy all the equipment needed and then also cost a ton for Electricity to keep it running.
So I decided to dig a little deeper.
I found this really good Article...
Beginner´s guide to mining Bitcoins: How to mine Bitcoin step by step:
https://www.masterdc.com/blog/how-to-mine-bitcoin-beginners-guide-to-mining/
Which then led me to this little rig which costs about $ 7,125 ...
It explains how much you could earn per month with this Miner and also shows the costs for Electricity. See below :
Bitmain- Antminer S19 Pro (110Th)
Description
Model Antminer S19 Pro (110Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 110Th/s for a power consumption of 3250W.
Profitability:
Period ........ /day ........ /month ......... /year
Income........$42.12 ....$1,263.62 .........$15,163.43
Electricity ...... -$9.36 ...... -$280.80 ...... -$3,369.60
Profit ...............$32.76 ...... $982.82 ..... $11,793.83
Algorithms
Algorythm /day
SHA-256
110Th/s 3250W ......... $32.76/day
https://www.asicminervalue.com/miners/bitmain/antminer-s19-pro-110th
So you can Mine Bitcoin and earn $32 or just earn $50 a day through Curation here on Steemit.
Specifications
Manufacturer Bitmain
Model Antminer S19 Pro (110Th)
Release May 2020
Size 195 x 290 x 370mm
Weight 13200g
Noise level 75db
Fan(s) 4
Power 3250W
Voltage 12V
Interface Ethernet
Temperature 5 - 40 °C
Humidity 5 - 95 %
Comments 8
It's very interesting mining @offgridlife, I run three Z9 Mini's and I mine Zcash. One of the most important cost is your electric. I am off grid solar so my electric is free...sort of Lol!
Antpool is a good mining pool .😀
Awesome. I will look at antpool
I only mine when the Sun is out (Solar) today was a cloudy day, but it's interesting! 😀
Do you earn much ? Or do I make more from blogging on Steemit where I make $400 USD per month.
I still think that blogging pays much more, but it's one more thing to add Crypto. Some of the new miners are much more electrical efficient. That's the catch ..electric!
Is @tipu the best place to delegate over here ? Or get upvotes ?
I think they are very good, I believe delegating pays about 40% ROI
That’s fantastic.