An In-Depth Analysis of seven Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt

Recently, the highest three bitcoin mining rig producers unveiled a bunch of next-generation merchandise with effectivity rankings of lower than 20 joules per terahash (J/T) and highly effective hashrates. In complete, Bitmain, Canaan, and Microbt launched seven new units. The following supplies a take a look at the machines’ present profitability utilizing prevailing BTC trade charges.

A Look on the Current Estimated Profits of the Latest Bitcoin Mining Machines

Three of the world’s largest bitcoin mining machine producers have lately launched new merchandise, and these machines will possible profit BTC’s complete hashrate. Bitcoin’s worth is hovering above the $34,000 vary, and the present hash worth by way of a terahash per second every day equates to $0.0736. This implies that beneath present market circumstances, all seven miners introduced by Microbt, Bitmain, and Canaan are worthwhile if a miner is paying $0.07 per kilowatt-hour (kWh).

Of course, that doesn’t embrace the upfront price to buy any a type of machines, and there’s additionally the truth that they haven’t been delivered. Still, subtracting the price of a miner and the time it takes to return that funding aren’t leveraged for this evaluation. Nor is the longer term worth of bitcoin, as the value of the digital asset could possibly be a lot larger or considerably decrease from this level on. Canaan, the creators of Avalon miners, launched two new units on September 12, 2023, from the Avalon 14 collection.

Canaan’s liquid-cooled A1466I produces 170 terahash per second (TH/s) and has an vitality effectivity ratio of 19.5 J/T. Currently, paying $0.07 per kWh, an A1466I will produce an estimated $6.63 in each day income. The agency’s air-cooled unit that produces 150 TH/s and 21.5 J/T will get an estimated $5.17 per day. Not lengthy after Canaan, Bitmain launched two new mining machines as effectively from the Antminer S21 collection.

On September 22, 2023, Bitmain unveiled its newest merchandise: the S21 Hyd and the air-cooled S21. The S21 Hyd, a hydro-cooled machine, boasts as much as 335 TH/s and operates with an effectivity ratio of 16 J/T. Meanwhile, the air-cooled S21 miner delivers an output of as much as 200 TH/s, and maintains an effectivity of roughly 17.5 J/T. The hydro-cooled Antminer with 335 TH/s can get an estimated $18.69 per day paying $0.07 per kWh. The air-cooled S21 can get an estimated $8.82 in each day revenue.

This week, Bitmain additionally revealed the T21 bitcoin miner, an air-cooled machine able to producing 190 TH/s and sustaining an effectivity of 19 J/T. Currently, the T21 has the potential to generate roughly $8.09 per day. Meanwhile, Microbt additionally made its strikes this week, introducing three new mining machines to the market as a part of the M60 household. The M60S air-cooled machine produces 170 TH/s which might get an estimated $6.63 per day.

Microbt’s hydro-cooled M63S can produce 360 TH/s and generate roughly $20.52 per day. The immersion-cooled M66 produces 270 TH/s and may generate $13.94 per day at present BTC costs. All three of Microbt’s machines produce an effectivity ranking of 18.5 J/T. Joules per terahash is a essential metric in bitcoin mining and the truth that aforementioned machines produce decrease J/T implies that the miner requires much less electrical energy to carry out the identical quantity of labor.

What do you consider the seven new bitcoin mining rigs launched this yr? Share your ideas and opinions about this topic within the feedback part beneath.