{"id":13033,"date":"2021-10-10T20:54:05","date_gmt":"2021-10-10T20:54:05","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/btcs-price-rise-gives-5-year-old-mining-rigs-new-life-bitcoin-hashrate-jumps-close-to-20-since-last-week\/"},"modified":"2021-10-10T20:54:05","modified_gmt":"2021-10-10T20:54:05","slug":"btcs-price-rise-gives-5-year-old-mining-rigs-new-life-bitcoin-hashrate-jumps-close-to-20-since-last-week","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/btcs-price-rise-gives-5-year-old-mining-rigs-new-life-bitcoin-hashrate-jumps-close-to-20-since-last-week\/","title":{"rendered":"BTC\u2019s Price Rise Gives 5-Year-Old Mining Rigs New Life \u2014 Bitcoin Hashrate Jumps Close to 20% Since Last Week"},"content":{"rendered":"

As bitcoin\u2019s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH\/s) handle and bitcoin\u2019s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain\u2019s Antminer S9 series with hashrate speeds around 11 TH\/s or higher are also profiting.<\/strong><\/p>\n

Bitcoin Hashrate Climbs, Mining Rigs Gather Higher Profits<\/h2>\n

Six days ago, Bitcoin\u2019s overall hashpower was around 130 exahash per second<\/a> (EH\/s) and today it\u2019s up 19.23% at 155 EH\/s. Bitcoin (BTC<\/a>) markets have been doing well this week up 15.9% during the last seven days. On Sunday, a single BTC<\/a> is exchanging hands for just above the $55K zone and there\u2019s $35.2 billion in global trade volume.<\/p>\n

The higher price per BTC<\/a> has made it so mining rigs are more profitable than they once were a few weeks ago in September. Using today\u2019s BTC<\/a> difficulty and electrical costs of around $0.12 per kilowatt-hour (kWh), the Microbt Whatsminer M30S++ is pulling in over $34 a day<\/a> per machine. The M30S++ is powerful, of course, as each Microbt machine boasts 112 terahash per second (TH\/s).<\/p>\n<\/p>\n

The Bitmain Antminer S19 Pro (110 TH\/s) also makes over $34 per day with the next-generation miner\u2019s output. The Canaan Avalonminer 1246 boasts around 90 TH\/s in hashrate and estimates show it can make $25.88 per day using today\u2019s BTC<\/a> exchange rates. The Strongu Hornbill H8 Pro shows it produces 84 TH\/s and profits by $23.67 per day using current exchange rates.<\/p>\n

Older Bitcoin Mining Machines With 11 TH\/S or More Can Get $0.39 per Day<\/h2>\n

Older units like the Ebang Ebit E11++ (44 TH\/s) and the Innosilicon T3 (43 TH\/s) pull in anywhere between $11.02 to $11.77 per day in profit. The lowest hashpower producing bitcoin mining machine is the Bitmain Antminer T9 (11.5 TH\/s) which can get a miner around $0.39 per day.<\/p>\n

Every single Bitmain Antminer S9 series also makes a profit, producing anywhere between $0.84 per day and $2.00 per day, depending on the S9 model. There haven\u2019t been any new launches in recent times, except for a new mining rig manufacturer from Singapore called Ipollo.<\/p>\n<\/p>\n

The Ipollo bitcoin miner called the B2 claims to produce 110 TH\/s and pulls 3,250 watts from the wall. The mining rig\u2019s current profit is $34.31 per day but the machine just came out this month. This means that the new company\u2019s devices have not been out for that long and reviews are lackluster and sparse so far.<\/p>\n

On Sunday, the mining operation F2pool commands the most hashrate with 26.59 EH\/s or 18.69% of the global network. F2pool is followed by Antpool (20.94 EH\/s), Poolin (20.94 EH\/s), Foundry USA (17.28 EH\/s), and Viabtc (14.96 EH\/s). Unknown hashrate or stealth miners capture 2.10% of the global hashrate and the 2.99 EH\/s puts the mystery hash in the ninth position.<\/p>\n

The current mining difficulty is 19.89 trillion and in eight days it is expected to increase by 1.58%. This increase will put BTC<\/a>\u2019s mining difficulty back above the 20 trillion range making it close to 40% harder to mine BTC<\/a> than three months ago.<\/p>\n

What do you think about mining machines gathering higher profits and the older generation mining rigs that can now gain profit? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nMining, Antminer, Antminer S9, Antpool, Bitcoin mining, Bitmain, BTC Mining, Canaan, Canaan Avalonminer, Ebang, F2Pool, Foundry USA, Innosilicon, M30S++, Microbt, mining rigs, S9, S9 Series, Whatsminer<\/p>\n","protected":false},"excerpt":{"rendered":"

As bitcoin\u2019s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH\/s) handle and bitcoin\u2019s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain\u2019s Antminer S9…<\/p>\n","protected":false},"author":0,"featured_media":13034,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13033"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13033"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13034"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}