Wednesday, April 03, 2024 9:07:53 PM
Generally, ASIC miners are projected to last for about 3-5 years, although your machine can last more than this range if used and maintained well enough. It could also break down within a few months if not maintained properly or used in poor conditions. For any miner, the lifetime of an ASIC mining machine is one of the most important considerations. Mining demands a lot of ASIC machines, but high-quality models are built to withstand relentless hashing. Still, many miners opt to push their machines to the limit for maximum output, which can cut short a machine’s lifespan.
Lifespan of the ASICs – MINETHEASIC
The time it takes to mine 1 Bitcoin depends on your computing power
Obviously, not many people will be able to afford the kind of infrastructure that’s required to mine 1 BTC per day. Let’s take a look at how long it takes to mine a Bitcoin, assuming smaller investments into Bitcoin miners.
One Bitmain S19k Pro miner, which costs $2,520, has a hashrate of 120 TH/s. This means that you would need 5,128 Bitmain S19k Pro miners, costing a total of $12.9 million (ignoring electricity, storage, and operational costs), to have enough hashrate to mine one Bitcoin per day.
Number of mining rigs
Hashrate
Investment
Time to mine 1 Bitcoin
500 60,000 TH/s $1,260,000 10 days
1,000 120,000 TH/s $2,520,000 5 days
5,000 600,000 TH/s $12,600,000 1 day
How Long Does It Take to Mine 1 Bitcoin? | CoinCodex
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