<a href="https://ultramining.com/en/manufacturers/bitmain/" rel="noopener noreferrer nofollow">Bitmain</a> has announced the pricing of its new ASIC miner, which will be available at approximately $19,780 per device. This miner delivers a performance of 860 TH/s, making it one of the most powerful on the market. The price per unit of power is about $23 per TH/s, aligning with current market rates.
The new miner can generate up to $34.36 per day in net profit with <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> costs at $0.04 per kWh, making it an attractive investment for professional miners despite the high upfront cost. By comparison, previous Bitmain models were sold at prices ranging from $23 to $27 per TH/s.
Experts predict that despite the high price, the new miner will be in demand due to its efficiency and potential for quick return on investment in the face of increasing mining difficulty.

New Bitmain ASIC Miner Priced at $19,780 per Unit

Ultramining_Eng

Other articles published on Sep 21, 2024

Trump officially introduces his own coins, minted in the US

Major Exchange Sparks Speculation Of XRP Price Hitting $1,000, Is A 166,500% Rally Possible?

Can Bitgert Surpass Cardano and BNB Coin’s Market Caps in 2025?

MicroStrategy Raises $1 Billion To Buy Even More Bitcoin!

Congressman Alleges SEC Misuse of SAB 121 to Crack Down on Crypto Custody Providers

Coinpedia Fintech News

Join our free newsletter for daily crypto updates!