The Antminer s9 has a hash rate of 12.93TH/s -+ 7% (and not 14 TH/s as advertised sometimes), which means that it can generate around 0.5 Bitcoins every month. Around $330 a month of pure revenue (at today's exchange rate this equals around 0.5 BTC). The Antminer S9 is also the most efficient miner on the market.
That sums up to a total investment of approximately $72,500 to generate 1 Bitcoin per month. On the other hand, you would need about 130 Bitmain AntMiner S9 (14TH) models to mine 1 BTC in 30 days. If buying 130 AntMiner S9 models is not an option, it takes 11 Bitmain AntMiner S9 models 360 days to mine 1 Bitcoin.
The Antminer s9 has a hash rate of 12.93TH/s -+ 7% (and not 14 TH/s as advertised sometimes), which means that it can generate around 0.5 Bitcoins every month. Around $330 a month of pure revenue (at today's exchange rate this equals around 0.5 BTC). The Antminer S9 is also the most efficient miner on the market.
S9 Compared to Other Hardware
| Miner | Hash Power | Price |
|---|
| Antminer S9 | 14.0 TH/s | $3,000 |
| Antminer R4 | 8.6 TH/s | $1,000 |
As of today, you can make between $8 and $9 per day BUT without taking in to consideration the electricity costs, as this differ a lot from country to country or even city to city.
The short answer: In most cases, bitcoin mining is perfectly legal. In a few countries, however, bitcoin mining, as well as the possession and use of bitcoin is illegal. In many cases, bitcoin is not treated as a currency by governments, but instead as an asset or property.
Putting it into perspective, just to earn 1 Bitcoin a day, you would need 2000 S9 miners. Each S9 takes over 1.3 kWh of electricity, so 2000 will burn 62,400 kWh of electricity a day.
Speed of Mining
On average, one Bitcoin is mined every 10 minutes, and the rigs involved in creating a new block split the reward amongst themselves. Currently, this reward is currently set at 12.5 Bitcoin but will change due to halving. The speed of mining depends very much on the equipment you are using.There are currently 18,209,525 bitcoins in existence. This number changes about every 10 minutes when new blocks are mined. Right now, each new block adds 12.5 bitcoins into circulation.
Generally, it depends on your team and network as well as the functionality of the bitcoin mining hardware and algorithm. I make between $800-$1500 each day.
Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019. That ensures a $1,000-plus profit for each bitcoin mined and a substantial profit for bitcoin miners considering the uptick momentum in bitcoin price continues.
If you've ever wondered whether Bitcoin mining could be profitable for you, the short answer is “no.” In the early days of cryptocurrency, smaller players could mine Bitcoins successfully; however, now it's big business, and the equipment you'd need and the electricity costs alone can eat up your profits quickly.
How Many Bitcoins Are Mined Everyday? 144 blocks per day are mined on average, and there are 12.5 bitcoins per block. 144 x 12.5 is 1,800, so that's the average amount of new bitcoins mined per day.
Mining Profitability
Some other cryptocurrencies are worth very little in U.S. dollars, but it's possible to use what you mine and convert it into fractional bitcoins on an exchange, then hope that bitcoin gains in value. A less powerful rig mining alternative currencies could save you money.Mining is a very energy-intensive process; by one estimate, bitcoin requires 215 kilowatt-hours of energy for each transaction. According to Morgan Stanley data, the total energy consumption of the bitcoin network consumes as much electricity as 2 million U.S. homes.
If it lasts more than 2-3 months chances are the miner will last for years after if you so choose to mine so long; chances are you'll sell your miner by then. Re: Antminer S9 11.85ths and 13ths lifetime? there are s1's that are still running. The lifetime if you take care of it should be YEARS.
This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the hashcash proof-of-work function. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. The Antminer S9 is in the last category of miners (ASICs).
