Is the Antminer s9 still profitable?

Is Antminer S9 profitable?

With an average electricity cost of $0.05 per kWh, the breakeven price for the Antminer S9 is around $16,500. A single unit of S9 is able to yield a rough daily profit of $1.50 at a cost of $0.05 per kWh of electricity.

Is Antminer S9 obsolete?

At current prices, the majority of S9-generation hardware will be unprofitable post-halving and this is evident from mining farms upgrading to the latest-gen mining rigs. Quick take; … The disappearance of the pattern may suggest Antminer S9 hardware is coming offline.

How much can an Antminer S9 make?

Based on its technical specifications, the S9 will have the capacity to mine 0.03600399 Bitcoin per month. This figure does not factor in the cost of hardware, power, pool fees and others. If you run the Antminer for a month, expect to get a profit of 0.02138775 Bitcoin, which is equivalent to $178.78.

Is mining bitcoin profitable in 2021?

Is Bitcoin Mining Profitable or Worth it in 2021? The short answer is yes. … Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020.

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What is the most profitable ASIC miner?

Innosilicon A10 Pro 6g 720mh ETH miner is an upgraded version optimized for ETH mining 2.0, and also is the most profitable asic miner in the world now.

Can Antminer mine ethereum?

The Bitmain Antminer E9 is the world’s most powerful Ethereum mining ASIC. Bitmain has launched a new ASIC tailor-made for Ethereum. It can hit peak hash rates of 3GH/s, roughly equivalent to 32 GeForce RTX 3080 graphics cards.

What is the best ASIC miner?

5 BEST Bitcoin Miner | ASIC Hardware (Nov 2021)

  • Top Pick. Antminer S19. 4.5. $11,800.00. Check Amazon.
  • 1st Runner. Whatsminer M30S. 4.5. Check Amazon.
  • 2nd Runner. Bitmain Antminer S7. 4.5. Check Amazon.

How long does AntMiner S9 last?

Three to five years is typically a machine’s average lifespan, although even longer periods aren’t unheard of. Newer models are expected to have at least five-year lifespans. For example, it’s not uncommon for mining farms to still have Antminer S9 models online, which originally launched in 2016.

What can you mine with a AntMiner S9?

A: The AntMiner S9 can only mine coins based on the SHA256 alagorithm such as bitcoin and bitcoin cash. Ethereum is based on a Keccak algorithm and is therefor unable to be mined with an AntMiner S9.

What do you need to mine Crypto?

List Of The Best Cryptocurrency To Mine

  • Vertcoin.
  • Grin.
  • Monero.
  • ZCash.
  • Ravencoin.
  • Haven Protocol.
  • Ethereum Classic.
  • Litecoin.