What is the current profitability of mining bitcoin on various ASIC devices?

Many miners again began to return to bitcoin mining against the backdrop of the restoration of the coin's exchange rate on the market.

BTC is trading above $ 10,000, the coin added during the spring-summer of 2019. If in the second half of last year, miners , on the contrary, went out of production, since bitcoin was falling in price, and some skeptics were already betting this asset to collapse, then this year the situation has improved significantly.

From today's @fundstrat Bitcoin mining update …

– @BITMAINtech Antminer S9's cash and total cost of mining 1 $ BTC = $ 7300 and $ 8500 (assuming $ 0.06 / kWh)

– Older and newer generation mining rigs are profitable with BTC at current levels pic.twitter.com/Pe7POApyp2

– Alex Kern (@AlexKernA) September 9, 2019

Fundstrat analyst Alex Kern tweeted that now mining one bitcoin, on average, costs $ 7300-8500.

Bitcoin mining profitability on various ASIC miners in September 2019 :

Currently, there is a tendency to mass introduction of more efficient and energy-efficient equipment, which reduces costs and, accordingly, has a positive effect on mining profitability , the expert noted.

However, the activation of miners does not at all signal the imminent transition of the coin to the stage of aggressive growth. The bitcoin hash network really adds , but so far there are no signals that BTC will soon begin to rise rapidly.

Note that Bitmain recently introduced two ASIC miners S17e and T17e , which are much more powerful and consume less power. For example, the performance of the S17 model reaches 64 terahash per second. The cost of such equipment is $ 2784.

Publication date 09/11/2019
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