Electricity price of bitcoin mining
1. Machine cost: the cost of purchasing mining machine
2. Power cost: the power cost consumed by machine mining
3. Auxiliary costs: personnel maintenance, network, cable consumables, heat dissipation, etc.
for a simple example, take the mining machine of ant S9, which consumes less power on the market, for example, the calculation power is 13.5T, and the power consumption is 1400W
when the mining machine runs for 24 hours: 1.4kw * 24 = 33.6 degrees
Shenma m3, which consumes more power on the market, has a calculation power of 11.5t, The power consumption is 2150w
under 24-hour operation, the power consumption of a single machine is 2.15kw * 24 = 51.6oc
which is roughly equivalent to the power consumption of energy-saving air conditioning, but the bitcoin miner needs 24-hour uninterrupted operation, the power consumption of a single machine is very large after a year's calculation, and the step price cost of household electricity is too high, When the market is not good, the income may not be enough for the electricity expenditure, so at present, mining will choose to be hosted in the mine, which can get cheap electricity and rece the cost price of mining. The price below 30% is the ideal price, which can keep the price of bitcoin falling to a low level, and there is still some income< According to the current mining difficulty of bitcoin:
BTC revenue per ton: 1th / s * 24h = 0.00007087btc
calculated by the comprehensive 12t machine computing power, the daily output is:
0.00007087t * 12t = 0.00085044btc
then the time required for a single machine to dig a BTC:
1 / 0.00085044 = 1175 days
the time required for ten mining machines to dig a BTC:
1 / 0.0085044 = 117 days
100 days In other words, according to the current difficulty, it takes about three years for a single miner to proce a bitcoin, 3.9 months for ten miners to dig a bitcoin, and 11.7 days for a hundred miners to dig a bitcoin. The cost of a single miner is about 8500, Ten are around 85000, one hundred is 850000, less than one million, and one month's income is more than two bitcoins. According to the current price of bitcoin, the price is about 120000. So, although the income of bitcoin mining is not as good as before, it is still considerable compared with other investment projects
however, these benefits do not include decting the cost of electricity charges and later maintenance of machines, so the premise of mining is to find a mine with low electricity charges. If the quantity is large, we need to find a safe, reliable and stable mine. What's more, we need cheap electricity to lower the cost price.
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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Taking t2t-30t as an example, the calculation force of t2t-30t is 30t, and the power consumption is 2200W, that is, 2.2kW. The power consumption of a single miner in 24-hour operation is 2.2kW * 24 = 52.8kwh, and the electricity charge is once calculated as 0.56rmb, the daily power consumption cost of a single miner is 52.8kw * 0.56 = 29.57rmb
to "mine" with bitcoin mining machine, if the graphics card is fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. There are many professional mines at home and abroad in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even some people in a residential area in Yunnan carried out crazy mining, which led to a large area trip of the residential area, and the transformer was burned
extended data
mining principle of bitcoin mining machine:
bitcoin mining and node software mainly initiates zero knowledge proof and verification transactions through point-to-point network, digital signature and interactive proof system. Each network node carries out broadcast transactions to the network. After these broadcast transactions are verified by miners (computers on the network), miners can use their own work proof results to express confirmation. The confirmed transactions will be packaged into data blocks, and the data blocks will form a continuous data block chain
every node of bitcoin will collect all the unconfirmed transactions and gather them into a data block. The miner node will add a random adjustment number and calculate the sha256 hash value of the previous data block. The mining node keeps trying again and again until the random adjustment number it finds makes the hash value lower than a specific target
Global view is a public information mining platform
reward token GC in the process of reading information, so as to achieve revenue. Based on data engine mining technology, to ensure fairness, transparency and openness
on the information reading platform, a novice reading bag will be sent to you with a simple real name after registration. The effective time of the reading bag is one month, and you can read for three minutes every day to complete the task. The monthly output is 11.4 GC coins, which can be traded point-to-point on the platform
precautions
direct promotion new person award 0.6ge, subordinate re investment award is the same as 6% of the highest level of GC (with burn system) upgrade award, upgrade G2, direct promotion 10 people, personal activity 50, alliance activity 20000 can upgrade G2
GC is a reward coin for reading, which is decentralized, point-to-point trading, shopping and circulation, with a total amount of 2 billion. You can buy reading bags to get more output and sell them to make money
Ge is generated by recommendation certification award, commission transaction bonus award, and Ge pool is released into GC or purchased reading package in proportion every day
GSB is the platform currency and the only token of exchange transaction, with a total amount of 600 million. The purchase of reading bags above the low level can be given as a 1:1 gift, while the purchase of reading bags by the lower level can also get GSB reward
What is a bitcoin miner? I often hear about bitcoin, bitcoin mining machine. Let's talk about bitcoin. Bitcoin mining machine is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card, which consumes a lot of power
The digital currency in the future is believed to be similar to bitcoin, but it is by no means a limited supply. But when the human ability to proce wealth can be completely matched by the computing power of the computer, the issuing speed of e-money is directly proportional to or slightly exceeds the computing speed of the computer to create moderate inflation. In the future, while mining, it is also creating value rather than wasting electricity. In the end, the small changes in proctivity of digital currency match the difficulty of computing power, which may be the final form of human currencyBitcoin can be called an electricity swallowing beast, consuming global energy. This incident has also aroused heated discussion among netizens on the Internet. In fact, speaking of bitcoin, it is very mysterious and has only developed on the Internet in recent years. Bitcoin mining consumes a lot of power, which is related to the computers it uses, because we all know that mining requires professional mining machines. Even the most advanced mining machines have very high proction power in the market, and these mining machines need 24 hours of continuous operation to dig a small amount of bitcoin, and they also need to keep cooling, So this is the reason why bitcoin consumes a lot of power
Third, the impact on people's lives
we also hope that the local government can stop the mining behavior, and also hope that all over the world can support the mining behavior of bitcoin, many netizens said, The rise of bitcoin price has nothing to do with ordinary people. On the contrary, it has led to the rise of the price of graphics cards, which has a very big impact. We all know that bitcoin is different from legal currency, which has no practical significance. We hope that people can recognize its true colors, and that the relevant government can close bitcoin mines. Only in this way can our motherland develop more rapidly, Let's live more and more
Bitcoin is very power consuming and its value fluctuates greatly, which is similar to a speculative investment
To get bitcoin by mining requires a lot of power< p> What we need to know is that at present, the mainstream mines use graphics cards to improve the computing power of mining. Each miner has several graphics cards, and each miner has several miners. In this case, the power consumption is naturally high. But the point is that as long as anyone who has followed bitcoin news knows about it, even if bitcoin ranks among the world's top 30 power consumers, it will only surprise everyone, not particularly strange. Especially in the current bitcoin hot situation, more and more people are engaged in the mining instry, and it is expected that the power consumption will naturally increase
with the further spread of this kind of virtual currency, dog money has graally come into people's sight, and more and more people want to invest in this kind of virtual currency. Because some very rich people will invest in this kind of virtual currency. For example, musk is keen on investing in dog money. In any case, there are a lot of people who can make huge profits
As the global central bank "releases a lot of water" e to the epidemic situation, virtual coin has entered the carnival of "mob dance" style. As the world's first cryptocurrency, the price of bitcoin has soared from the lowest level of more than $3000 in 2020 to the highest level of more than $64000, and is still hovering around $58000. There are also many small money gains that are more difficult to understand. As the "procer" of virtual coins, the income of mining circle has also increased. The price of bitcoin's mining facility, the mining machine, has doubled, and "it's still hard to find a machine.". Driven by interests, institutional and retail investors continue to "follow the trend" and rush into the virtual coin mining instry
Generally speaking, there are thousands of mining machines in small mines, tens of thousands in large mines and hundreds of thousands in super large mines. "Because thermal power can control the load, there is no consumption and waste, and it is impossible to store hydropower. If hydropower is not sold, it will be wasted," a miner told newspaper news. Li Lianxuan, chief researcher of oke cloud Chain Research Institute, believes that southwest China is rich in water resources, especially in the period of high water, and hydropower generation has not been fully utilized. Bitcoin mining can solve this problem. In fact, some virtual coin mining companies are also listed as local water consumption companies to help the local power sector solve the problem of water waste. A miner told the paper that this year, Sichuan Province has approved five consumer companies to mine virtual coins