The profitability of Ethereum’s excavation with high performance in ASIC: Separation of fact from fiction
Ethereum, one of the most promising cryptocurrency, has grown significantly over the years. However, for those who are interested in getting into the world of cryptocurrency mining, it is necessary to understand how these high -performance applications (APC) generate income. In this article, we explored the concept of Ethereum’s mining with $ 10,000 in ASIC and explore why it can be profitable, despite its obvious lack of profitability.
mine 101
The cryptocurrency mining includes authentication of events on the Blockchain network and adding new blocks to the chain. To achieve this, mining workers use efficient computers (or APSC), which solve complex mathematical problems, which in turn require significant computational force. The most effective way to dig cryptocurrencies is to use an application -specific integrated circuit (ASIC), graphics processing unit (GPU), or field programmable port group (FPGA).
Ethereum’s mining certificate for work (POW)
Ethereum uses a consensus algorithm that requires mining workers to solve complex mathematical problems to validate events and create new blocks. This process is energy intensive and costs considerable amounts of electricity.
ASIC problem
Asic is designed for high performance mining. The $ 10,000 ASIC HASH value mentioned in your question is 1./s (in Tererash per second), which means about $ 1,200 th/s. From the point of view of cryptocurrency, this represents a huge computational force that can perform thousands of calculations at the same time.
Why can’t anyone earn money with Ethereum with this Asic?
For a number of reasons:
* Energy Costs: As mentioned earlier, mining requires a lot of energy, which is expensive and contributes to the total cost.
* Electricity Prices: At the expense of electricity plays an important role in determining profitability. As the demand for renewable energy is rising, electricity prices can rise, reducing profit margins.
* Hardware Updates: ASICS is known to be difficult to upgrade or repair, which makes miners challenging to switch to more efficient solutions.
Why may some may be interested in
Although Ethereum’s mining $ 10,000 asic may not be profitable in the short term, there are some reasons why some people may still consider investing:
* Liquidity:
Popular ASIC can provide a significant market value due to its unique features and limited supply.
* Dealer Value: The resale value of ASIC has increased significantly over time, which makes potentially valuable investments.
* Specifications: In the future, some investors may speculate on prices for valuation or use.
conclusion
Although the Ethereum mining of $ 10,000 in ASIC may be profitable, it is necessary to understand the reasons behind its performance. This ASIC’s energy costs, electricity prices and hardware updates make challenging significant profit margins.
As the cryptocurrency market continues to develop, some investors may still consider investing in Ethereum or other high -performance mining, but thorough research and caution are necessary before investing decisions.