What is mining revenue (principle of making money with mining machines)

What is mining revenue? In the cryptocurrency industry, the cost and revenue of mining are directly proportional. After the Bitcoin halving, with the rise in price and the improvement of network computing power, the efficiency of mining machines has also increased. Miners’ ability to earn profits has been continuously enhanced. This situation is crucial for mining farms because the maintenance cost of mining machines can be high. Therefore, purchasing and installing mining machines requires a certain amount of electricity cost to ensure.

Generally, the purchase of mining machines will cause some price fluctuations. However, due to factors such as equipment performance and hardware configuration limitations, the overall economic model of mining farms cannot meet the changes in the market situation. Therefore, mining companies usually consider reducing some investment risks in terms of expenses.

Principle of making money with mining machines

According to coincryptorama, the mining profitability reached over 20% from April to the end of May 2018. According to the calculation method, the higher the computing power, the more income one can earn, and the lower the cost. So, how much can one earn?

According to the definition of Bitcoin, if a person holds one or more digital currencies such as ETH, LTC, and BCH, they will receive more rewards and income from Bitmain’s S9 and other product series. However, due to the volatile price of Bitcoin, it is difficult to achieve higher returns through investment because most people do not own enough BTC to pay for electricity costs. At this time, investors need to invest most of their money into Bitcoin mining to achieve greater investment returns. When some companies start selling their stocks on the market, the stock prices of these companies will plummet, causing people to lose money and liquidate their positions.