Tag: Cost to mine one Bitcoin 2021

Based on its technical specifications, the S9 will have the capacity to mine 0.03600399 Bitcoin per month . This figure does not factor in the cost of hardware, power, pool fees and others. If you run the Antminer for a month, expect to get a profit of 0.02138775 Bitcoin, which is equivalent to $178.78.

Given current levels of miner revenue potential (what we in the industry call hashprice), the Antminer S19XP would produce $53 a day per deployed unit . See chart below for how this would compare to other leading models.

In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.

For those with a smaller budget, it would take a single Antminer S19 Pro (an older generation, but widely available unit) a total of 1,356 days to generate 1 BTC in rewards when working with a mining pool—that’s the equivalent of generating 0.00073 BTC/day in rewards, or around $13.28/day at current prices ($18,200/BTC …24 Ara 2020