Bitcoin mining earnings update

The first batch of miners were announced and made available for pre-order in November ofand are scheduled for shipment in March, He is shifting his attention to the mining hardware industry.

According to Bitcoin Magazine, BtcDrak remarked: Fortunately, due to the newly born rivalry between Bitmain and Halong Mining, the price will probably lower with time and competition. The power supply for this unit is not included. You can buy one chip at a time.

Each miner requires its own individual power supply. Professional mining hardware runs optimally at V, hence why mining farms step down their own electricity supply to V. In any case, it would be a good idea to buy the DragonMint power supply.

Estimate Strategy

These PSUs will get the job done, but they are not ideal for optimum mining performance. Keep in mind that exact power consumptions vary, especially depending on which power supply you are using. Moreover, the 16T consumes 0. This ASIC is profitable not only for mining on a large scale, but for the individual miner as well. Take a look at the projected mining profitability of a single miner: Mining profitability may vary.

You can use this free profitability calculator to determine your projected earnings.

Don’t like to read? Watch our video version of this guide

Is Halong Miner and Dragonmint a Scam? There is been a lot of talk on Twitter that Halong Mining is a scam. It appears it is not, as many users are already claiming to have received their miners. As I stated earlier in this thread, we have units, chips and full specs, so we know it is real.