Recently, the top 3 manufacturers of BTC mining rigs unveiled an entire group of next-generation products accompanied by efficiency ratings lesser than twenty joules per terahash as well as powerful hash rates. Overall, Microbt, Canaan, and Bitmain launched seven new devices.
These provide a look at the current profitability of the machines with the help of prevailing Bitcoin exchange rates.
Current Estimated Profits Of The Latest Bitcoin Mining Machines:
Three of the largest BTC mining manufacturers in the world have launched new products recently. These machines are likely to make the most of BTC’s total hash rate. The price of BTC is hovering right above the 34K dollar range with the current hash cost in terms of terahash/second on an everyday basis, which equates to 0.0736 dollars.
This indicates that in the current market conditions, all seven miners that were announced by Canaan, Bitmain, and Microbt are considered to be profitable in case a miner happens to pay $0.07 per kWh.
Of course, that does not include any of the upfront expenditure needed for purchasing any of the machines. Plus, there is also the fact that they haven’t been delivered yet. Still, eliminating the price of a miner, as well as the time it typically takes for returning that investment, isn’t leveraged for this particular analysis.
Nor is Bitcoin’s future price since a digital asset’s price could be so much higher or lower from this point onwards. On 12 September 2023, the creators of Avalon Miners, Canaan, released two new devices from the Avalon 14 series.
The liquid-cooled A1466I releases 170 TH/s, with its energy efficiency ratio reaching 19.5 J/T. At the moment, paying 0.07 dollars per kWh, any A1466I will release approximately 6.63 dollars in daily revenue. The air-cooled unit of the firm produces 21.5 J/T and 150 TH/s to obtain an estimated 5.17 dollars per day.
After Canaan, Bitmain didn’t waste much time on launching two brand-new mining machines, also from the popular Antminer S21 series.
Then, on 22nd September 2023, Bitmain released its newest products – the air-cooled s21 and the s21 Hyd.