What is the fastest mining machine for mining coins (how much does a dedicated mining machine cost?)

What is the fastest mining machine for mining coins? According to official sources, what is the fastest mining machine for mining coins? How is the shortest period of mining computed? In the domestic Bitcoin community, we often hear a saying: the fastest speed for mining coins is the slowest method. If the market from January to September 2017 was not so good, then the market in 2018 may be even worse. However, the current situation is indeed like this because when the price rises, many investors will choose to add some machines to mine, but the cost is very low (such as an Antminer S17Pro and a Shenma M30s). Therefore, the selling price of mining machines that can achieve fast mining speeds is also very high, reaching over ten thousand RMB or even higher prices.

How much does a dedicated mining machine cost?

Editor’s note: This article is from Caiyun Blockchain (ID: cybtc_com), authorized for republication by Odaily Star Daily.

How much does a dedicated mining machine for mining coins cost?

According to data from market websites, the price of Bitcoin reached a high of $58,000 on March 12th and then fell about 20%. However, at the same time, some investors believe that there are a large number of low-power, high-reliability products available on the market for purchase. So, if we take a look at the prices of mining machines, we will find that there are mainly two selling points for mining machines now: computing power and operations and maintenance, as well as electricity costs and other factors in terms of costs that need to be considered.

First of all, do you want to know what an industry is like? Or is it a specific type of product in the cryptocurrency market? The answer lies in a new product in this field – mining machines. Of course, there is a prerequisite here, if you can provide customers with a Bitmain AntMiner S19j Pro mining machine, you may have already bought it. This is just the beginning. The second requirement is to optimize on ASIC hardware, otherwise, it cannot guarantee more than 100% security guarantees, so it is still cost-effective for ordinary players. Third, because many manufacturers on the market are mainly low-priced, they do not recommend using these cheap devices for mining farm construction. In addition, some brands will customize a mining machine suitable for their own small businesses, such as Canaan Creative, which has also launched its own proprietary mining pool A16Z, and they all have a cooperative relationship with an overseas company, so the mining machines of these companies will also be shipped to China. Fourth, in order to let more people participate, what everyone should know is that “24/7 service” is the most important thing for mining.