Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2024 Still Profitable
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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2024 Still Profitable

THELOGICALINDIAN - While bitcoins amount has remained able-bodied aloft the 60K ambit the networks hashrate has surged to over 184 exahash per additional EHs as mining accessories are far added assisting at these prices The amount has fabricated it so that earlier bearing mining accessories bogus over four years ago with processing ability of added than 8 terahash per additional THs can accomplish a circadian accumulation mining the arch crypto asset

Bitcoin Hashrate Follows Ethereum’s Hashrate Toward All-Time Highs

On November 15, 2021, Bitcoin’s hashrate climbed to 184 EH/s acquisition 17.19% added hashpower than the arrangement saw a bald two canicule ago on November 13. Bitcoin’s (BTC) hashrate is accepting abutting to advancing its best aerial (ATH), which was recorded on May 9, 2021, at 191 EH/s. Today’s Bitcoin hashrate metrics appearance that the hashpower is alone 3.8% abroad from before its ATH, according to coinwarz.com data.

In accession to BTC’s hashrate advancing ATH, the second-largest crypto asset in agreement of bazaar valuation, ethereum’s (ETH) college prices accept additionally propelled its arrangement hashrate. At 932 TH/s, Ethereum’s hashrate is clumsily abutting to a distinct petahash per additional or 0.001 EH/s. Ethereum’s hashrate has already accomplished an ATH and has connected to arise higher, capturing new records.

It’s account it for miners to abundance ether in allegory to BTC, as ETH is the third best assisting arrangement to mine. At columnist time, the best assisting ether mining rig the Innosilicon A11 Pro that produces 1,500 megahash per additional (MH/s) or 0.0015 TH/s can rake in $109.29 per day. The accumulation appraisal stems from asicminervalue.com application today’s ether barter ante and $0.12 per kilowatt-hour (kWh) in electric consumption.

Using Today’s Exchange Rates, Top 3 Bitcoin Miners Make $36 per Day — Bitcoin Miners Manufactured Over 4 Years Ago Still Profit

The profits for the ether mining rigs are beyond than BTC’s mining profits stemming from the best assisting application-specific chip ambit (ASIC) mining devices. Three SHA256 accordant miners on the bazaar today, however, can command $36 per day in profits application $0.12 per kWh in electric burning and today’s BTC prices.

The Microbt Whatsminer M30S , the Ipollo B2, and the Bitmain Antminer S19 Pro are today’s best assisting BTC miners on the market, according to stats from asicminervalue.com. All three models avowal assortment speeds at over 100 TH/s. The Canaan Avalonminer 1246 which boasts 90 TH/s produces an estimated $27.55 per day application today’s barter rates. Furthermore, besides the top mining accessories affairs in the accomplished profits, old academy miners from 2016 are now profiting.

For instance, application $0.12 per kWh in electricity per day and today’s BTC prices, a Bitmain Antminer R4 (8.7 TH/s) can get at atomic $1.18 per day. The R4 mining rig was produced in 2017 and the accepted Bitmain Antminer S9 (11.5 TH/s), bogus over four years ago can get up to $1.53 per day with electrical ante at $0.12 per kWh.

What do you anticipate about the contempo mining activity and Bitcoin’s hashrate aggressive to 184 exahash per second? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, coinwarz.com, asicminervalue.com,