As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit Ethash mining device can rake in $51.58 per day in profits.
For instance, a single Innosilicon A11 Pro ether mining rig, that processes the Ethash algorithm at 1.5 GH/s with electric costs at $0.12 per kilowatt-hour , can get an estimated $51.58 per day in profits.
Microbt’s Whatsminer M30S++ with 110 TH/s gets $13.52 per day using today’s BTC exchange rates and electric costs at $0.12 per kWh.
According to both of the mining manufacturers, the S19 XP, S19 Pro+ Hyd, M50S, and M50 will be shipping in Q3 of 2022.
Besides Ethash and SHA256 miners, ASICs that can mine Kadena, Scrypt, and X11 are profitable as well.
Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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