How much to earn from bitcoin mining in the summer of 2023

Antminer S19

Among the Bitmain company’s miners, the S19 model is popular. The release of this lineup took place in May 2020. At that time, devices with a performance of 110 TH/s and power consumption of 3250 W were announced.

A year later, the company presented an updated version of the model under the name S19J. However, the interest of the community was attracted by its more economical S19J Pro configuration.

The miner allows mining BTC with less power (from 96 to 104 TH/s), but the power consumption has been significantly optimized. Consumption in Antminer S19J Pro ranges from 3050 to 3300 watts depending on the hash rate of the model.

In January 2023, the next update of the series happened. The S19J Pro+ lineup with increased performance appeared. The declared hash rate of the models offers mining at 117 and 120 TH/s. The power consumption of the miners was not optimized, the parameter increased to 3355 W.

Yield figures of these models when mining BTC in June 2023.

R7Miner supplies equipment directly from the manufacturer’s warehouse in China. This helps to eliminate unnecessary participants from the logistics chain and offer low prices to customers.

WhatsMiner miners

Competing manufacturer MicroBT creates very close ASIC models in terms of power. In October 2020, an alternative to the Antminer S19 Pro was released – WhatsMiner M30S++. The power consumption of the sample is 3480 watts. This is more than the competitor (3250 W).

Nevertheless, when comparing miners with the same performance of 110 TH/s in June 2023, the price of M30S++ is 18% lower than S19 Pro.

The series includes 6 power variants – from 100 to 110 TH/s. Power consumption in them is at the same level. Profitability and ROI of MicroBT models are shown in the table.

In 2022 MicroBT announced the next generation of miners to replace M30++ – M50. The developers managed to stay within the same power consumption figure, but the performance increased to 120 TH/s. The model range included 5 hash rate variants. The yield is shown in the table.

In the same year, an additional series of WhatsMiner M50s was announced. In it MicroBT managed to reduce power consumption to 3276 W, but at the same time to increase performance up to 130 TH/s. However, the price tag turned out to be very high – the average payback of the models is almost 2 years as of June 2023. Detailed information about the profitability is presented in the table.

Professional resellers can offer equipment with delivery from 1 day. In this case, it is carried out based on the availability in their own warehouse. It is possible to order the necessary model from China. The average delivery and customs clearance takes from 8 to 12 days.

Scrypt and Etchash mining

Profitable crypto mining on ASIC-technology is not limited to bitcoins. High profitability rates are also noted in the Scrypt algorithm for Litecoin (LTC) and Dogecoin (DOGE) digital coins. MicroBT does not offer hardware to work in this type of hashing. Among Bitmain’s products, Antminer L7 devices are considered the most interesting.

The cost of these miners is much higher than asics for BTC and ranges from $4620 to 5650.

The models consume 3425 watts. In this figure, 4 hashrate options are available – from 8800 to 9500 MH/s.

Also popular is another ASIC model – Antminer E9 Pro. The device is designed for mining in the Etchash algorithm and allows you to mine Ethereum Classic (ETC) crypto coins. Only 1 hash rate variant 3680 M/s with power consumption of 2200W is available. The price of the E9 Pro is $2650.

The data on the profitability of the models is noted in the table.

R7Miner is an authorized representative of MicroBT and Bitmain. This allows you to get the equipment at a lower price and in a shorter time.

About R7Miner

R7 Logistics & Supplies supplies mining equipment. The company has been operating since 2017. Specialists customize devices for private and corporate requests.

Before shipment, the equipment is additionally insured. Buyers do not need to deal with customs declarations, this part is taken care of by R7Miner. The company can also deliver the miners to any point of the country, install the equipment, customize it and connect it to the pool.

R7Miner is a partner of Blockchain Life, a major Russian cryptocurrency conference. The event is held annually and is covered by well-known publications.