Question: How Much Bitcoin Can You Mine With AntMiner S9?

How much can AntMiner s9 make per month?

Originally Answered: How many bitcoins per month will the Antminer S9 produce.

At the current moment, March 17-2019, its about .

00062 btc in a pool like “Antpool”..

Can AntMiner s9 mine other coins?

While the miners are examples of application specific integrated circuits (ASIC) their actual purpose is to solve double SHA-256 algorithms, which Bitcoin happens to use. This means that, technically, an Antminer S9 can mine any coin that uses the same algorithm.

Is Bitcoin mining profitable in 2020?

Is Bitcoin Mining Profitable or Worth it in 2020? The short answer is yes. … Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms.

How much electricity does a Antminer s9 use?

Based upon our experiences, on average, Antminer S9s actually draw about 1,500 watts. Most miners run these systems 24 hours per day — so the equation is simple: 1,500 x 24 = 36,000 watt hours, or 36kWh. In a 30-day month, these systems will draw about 1,080 kWh.

Is the Antminer s9 still profitable?

According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, such as Bitmain’s AntMiner S9 or Canaan’s Avalon A851, can now generate a 10% to 20% gross margin at an average electricity cost of $0.05 per kilowatt-hour (kWh).

How much does AntMiner s9 make per day?

A calculator like the one on CryptoCompare.com calculates that you’ll make $3.63 per day in profits after these electricity costs are taken out. So, over a year, you’ll make $1324.12 in profit. However, you spent $1200 on that AntMiner, so you really only made $124.12 per AntMiner in your first year.

Is an Antminer s9 worth it?

The Antminer S9 is also the most efficient miner on the market. This means that it wastes the least amount of energy than all other miners out there. If you add into account electricity cost as well you will generate a little less than that – around 0.33BTC.

How long does it take to mine 1 ethereum?

41.1 daysAs of Tuesday, December 08, 2020, it would take 41.1 days to mine 1 Ethereum at the current Ethereum difficulty level along with the mining hashrate and block reward; a Ethereum mining hashrate of 500.00 MH/s consuming 950.00 watts of power at $0.10 per kWh, and a block reward of 2 ETH.

How much Bitcoin can I mine in a day?

144 blocks per day are mined on average, and there are 6.25 bitcoins per block. 144 x 6.25 is 900, so that’s the average amount of new bitcoins mined per day.

How long will it take to mine 1 Bitcoin?

10 minutesHow long does it take to mine a Bitcoin block? This question is easy to answer. The average block confirmation time in the Bitcoin blockchain is 10 minutes. That means that every 10 minutes, the first miner to solve the crypto puzzle receives a block reward.

Can I mine for Bitcoins on my phone?

You can only do cryptocurrency mobile mining with smartphones that use Android, as it’s the only mining-friendly operating system for mobile devices. Moreover, the market is flooded with apps created for Android that allow you to mine Bitcoin directly from your smartphone. … So, iOS owners can’t do any mobile mining.

Which bitcoin miner is most profitable?

MicroBT Whatsminer M30S++The most profitable bitcoin miners According to The Block, the MicroBT Whatsminer M30S++ is the most profitable. The mining rig produces a hash rate of 112 terahashes per second (TH/s).

What is the most profitable ASIC miner?

The latest models of bitcoin mining machines from Chinese giants MicroBT and Bitmain are the most profitable now after the halving, according to The Block’s research.

How long does AntMiner s9 last?

Antminer s9 is going to obsolete soon. Or you can consider it obsolete from now on…But the newest and most efficient Asic miner is Antminer s17 53 and it gives you life span of 2.5 years more or less. Generally this is true for all ASIC miners while you are going to calculate their life time in your business plan.

How long does it take AntMiner s9 to mine 1 Bitcoin?

360 daysIf buying 130 AntMiner S9 models is not an option, it takes 22 Bitmain AntMiner S9 models 360 days to mine 1 Bitcoin. 1 Bitmain AntMiner S9 model costs around $300 so the total investment would be around $6600.