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Ethereum: Do these new ASIC miners really pay for themselves in 5 days?
Enigma miners ethereum: Do ASIC actually pay in 5 days?
In recent weeks, the buzzing among enthusiasts of cryptocurrencies and miners has been sent about the potential profitability of the use of miners of specific integrated application circuits (ASIC). Miner Bitforce 50GH/s is one of these devices that attract attention because of its impressive mining performance. But the question of all is: Can these new ASIC mine actually pay for themselves in 5 days?
To respond to this, we will look in more detail at mathematicians who will be examined for their potential earnings, as some investors might be missing.
Calculation
According to various sources, including Bitforce technology and other mining suppliers, Baník Bitforce 50GH/s may extract about 500 ETH (ETHEREUM) per day. To calculate our potential profitability in 5 days, we multiply this daily production by 5:
500 ETH/day x 5 days = 2500 ETH
But can they repay their costs so fast?
Now that we have a calculation, it is necessary to consider costs. Miner Bitforce 50GH/S is high -performance ASIC mining that requires significant energy and energy consumption. Stopping the price into the perspective:
- One chilowattor (kWh) of electricity can cost anywhere from $ 0.12 to $ 0.20, depending on location and supplier.
- Daily operating costs estimated for Miner ASIC, such as Bitforce 50GH/s, may vary from $ 25 to $ 100, depending on the models.
Calculate whether these costs would compensate for income generated by the extraction of 2500 ETH in 5 days:
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- Using this consumption and hypothened energy costs, we can estimate the total daily operating costs:
2500 ETH/day x $ 75/kwh = $ 187,500 per day
- We will now calculate net income generated by the mining of 2500 ETH in 5 days:
$ 2500 ETH (net profit) / ($ 187,500 per day) ≈ 13.27 USD ETH per day
Because some investors may miss
There are several reasons why investors can hesitate to invest in ASIC miners such as Bitforce 50GH/s:
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Market competition and dynamics : The cryptocurrency space is highly competitive, which may cause some investors to underestimate the potential profitability of their investments.
Conclusion
Although it is true that Baník Bitforce 50GH/s can extract enough and in 5 days to repay its costs, we must consider the initial high cost, energy consumption and related costs, as well as competition and market dynamics. It is essential that investors carefully assess these factors before deciding whether to invest in ASIC miners.
Reneeing of responsibility
This article is only for information purposes and should not be considered investment advice. Always do your research before taking any investment decisions and consult a financial consultant.
More sources
More information about Ethereum extraction and its profitability I recommend that you look at decent sources such as:
These websites provide extensive knowledge of the latest development in the cryptomen area.
