Bitcoin

when

Miners utilizing <a href="https://ultramining.com/en/manufacturers/bitmain/" rel="noopener noreferrer nofollow">Bitmain</a>’s S19 XP models can significantly enhance their profitability by switching from stock firmware to <a href="https://ultramining.com/news/en/luxor-innovates-with-extended-contracts-and-daily-settlements-for-enhanced-bitcoin-mining/" rel="noopener noreferrer nofollow">Luxor</a> Firmware. Data shows that, under current conditions, a Bitmain S19 XP miner generates around $0.64 in daily profit using stock firmware, but this figure jumps to $1.03 per day when Luxor’s firmware is applied—an increase of 61%. The 435 MHz preset profile offered by Luxor optimizes power efficiency and boosts the overall <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">hashrate</a> performance, shortening the payback period for miners.
By reducing the payback period from 58 months to just 36.5 months, Luxor’s firmware provides miners with greater flexibility and increased profitability With Bitcoin mining becoming more competitive and <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> costs rising, this kind of optimization is critical for miners to maintain and improve margins. As mining difficulty continues to rise, firmware solutions like Luxor offer an essential advantage for those looking to stay competitive.

Luxor Firmware Boosts ASIC Miner Profitability by 61%

Ultramining_Eng

Other articles published on Sep 13, 2024

PancakeSwap Launches AI-Powered Prediction Bot on Telegram

MicroStrategy Bitcoin Investments Boosted with $1.11 Billion Purchase

Hybrid Exchange GRVT Secures 16 Top Market Makers and $3.3B Monthly Volume Ahead of Q4 Mainnet La...

How Crypto Gets Stolen by Hackers and Can You Get it Back?

Donald Trump Launches His Crypto Platform World Liberty Financial On September 16!

Hong Kong eyes SFC involvement in crypto OTC licensing: report

Join our free newsletter for daily crypto updates!