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Power consumption ratio of bitcoin mining machine

Publish: 2021-05-18 03:12:28
1. Firstly, the cost of bitcoin mining can be divided into three parts:
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.
2.

You can't dig in a day. It takes 2000 years

the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin

in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated 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 in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned


extended data:

bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system

bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer

when bitcoin was born in 2009, block rewards were 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the block reward will be halved to 25

when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million

3. The miner is composed of chips, cooling fans, batteries and other components. The "chip" is the core component, which determines whether the miner can dig out more digital currency more easily. Mining machine chip manufacturers need to have a very strong R & D strength, need to race with the rising global computing power, test the ability to integrate with science and technology. Therefore, it is very important to select powerful brands and teams
at present, there are two most famous bitcoin miners in the world: ant miner of bitcoin mainland and Avalon miner of Zhang Nangeng. The latter is also the inventor of the first ASIC chip miner in the world
when choosing mining machines, we should first look at computing power, second look at power consumption, and third look at historical reputation
computing power is the ability of a machine to perform operations, that is, how many hash operations can this machine perform per second. At present, the computing power of mainstream bitcoin mining machines is 14T, that is, 14 * 10 ^ 13C hash collisions per second
power consumption is an indicator of power consumption when the mining machine is running, which is directly related to the cost of mining. Under normal circumstances, the mining machine will operate 24 hours a day, so even if the power consumption of different types of mining machine is very small, the power cost gap is very large
the historical reputation represents the stability of the miner's operation. You can know the overall user evaluation, after-sales service and whether the prepayment miner can deliver on time from different purchase channels
to say that the simplest way is to directly select the latest spot miner model. Because the latest mining machine power consumption will be relatively small, computing power is relatively high, input-output ratio is the most cost-effective
we need to remind you that the noise of the miner is relatively loud, which is also a tough injury of the miner.
4. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

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
response time: November 30, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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5.

the power consumption of bitcoin mining machines is different according to different machines take Shenma 68T, the fastest mining machine in wet season, as an example. Suppose that the electricity charge is 0.22 per kilowatt hour in half a year in wet season and 0.34 per kilowatt hour in dry season, the wall power consumption of Shenma 68T's second-hand machine is 3264w, and the actual power consumption is 3500W, then the daily power consumption of a Shenma M20S 68T machine is 3.524 = 84 degrees, Annual power consumption 84 * 365 = 30660 degrees

according to the latest mining difficulty, a Shenma 68T machine can dig 0.00064836 BTC a day, and 10 machines can dig 2.366514 coins a year. The mining difficulty of the premise remains unchanged, but according to the current situation, it is assumed that the mining difficulty will increase by 30% from now to next June, and by 2.5% every month. It is estimated that 85% of the original coins should be g, that is, 2.012 coins. Ten machines of Shenma 68T can dig almost 2 coins a year

to sum up, the power consumption of ten Shenma 68T machines in a year is 306600 kwh, which can dig almost two coins

{rrrrrrr}

extended data

the risk of mining machine

1. Hardware expenditure

< P > mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With tens or even hundreds of graphics cards, the hardware price and other costs are very high, There is considerable expenditure in mining

in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation, and the computing power is quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the power cost is also lower. It is difficult for single chip display to compete with these mining machines, This kind of machine costs more

2. Currency security

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

3. System risk

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

6.

For example

a 4-sheet R9 280x graphics card miner. About 2.9m
power consumption:


the rated power of each graphics card is about 250W, and slightly overclocking is about 300W. Four graphics cards, 1200W
platform: motherboard, CPU, hard disk, etc., which add up to no more than 200W
display, mining machine is basically no display


the total power is about 1400W. 33.6 degrees a day
if the caption is only for ordinary household desktop computers, it is not easy to calculate, because the key is the power consumption of the graphics card. The power consumption of ordinary graphics card is about 150W. And then add the others according to 200W, a total of 350W. 4.2 degrees a day

7. < blockquote >

when building bitcoin, Nakamoto wants bitcoin to be a decentralized currency, not only for use and trading, but also for mining. But it backfired. With the increasing value of cryptocurrency such as bitcoin, mining has become an instry. The competition is more and more fierce, and the pursuit of mining computing power is higher and higher. Therefore, from ordinary computer mining, ASIC mining machine and GPU mining machine have evolved

the algorithm of ASIC mining machine is almost sha256, while the algorithm of GPU mining is different. For example, the algorithm of BTG is equihash, and the algorithm of BCD is optimized x13. Although it is not absolute, it can be simply considered that the currency of sha256 algorithm is generally mined by ASIC mining machine. Other algorithms are basically using GPU miner. There are also exceptions. Scrypt's Leyte coin used to be mined by GPU miner, but later scrypt's algorithm was also conquered by ASIC chips, such as ant miner L3 +, which is the ASIC miner used to dig Leyte coin

ASIC miner refers to the miner that uses ASIC chip as the core of computing power. ASIC is the abbreviation of application specific integrated circuit, which is a kind of electronic circuit (chip) specially designed for a specific purpose. Some mining machinery factories have designed ASIC chips specially for computing the sha256 algorithm of bitcoin, and the mining machinery using them is ASIC mining machinery. Because ASIC chip is only built for specific computing, its efficiency can be much higher than that of CPU. For example, the current mainstream ant miner S9 is ASIC miner, which uses 189 ASIC chips, the computing power reaches 13.5th/s, and the power consumption is only 1350W. As a comparison, the computing power of gtx1080ti, the flagship computer graphics card, will not exceed 60mh / s even if it is optimized well. The difference is tens of thousands of times

GPU miner refers to the miner that uses GPU graphics card as the core of computing power. Cryptocurrencies such as Ethereum, bitcoin and diamond use graphics algorithms, so the speed of computing with graphics card will be the highest. Compared with ASIC miner, GPU miner is more well-known, because it is a computer with enhanced graphics card configuration

the purpose of GPU miner is to make money, so we should pursue the power consumption ratio and maximum profit, so we should pay attention to the cost performance. Generally, the medium and high-end positioning graphics cards, such as AMD rx560 and rx570, have high power consumption ratio, which is a good choice for GPU miner. While flagship cards such as gtx1080ti and AMD vega64 have the strongest single card performance, they are not cost-effective in terms of price and power consumption

in addition, the ASIC miner also has some exotic procts, such as the USB miner of burning cat, which is slightly larger than the U disk, and the power consumption is only 2.25w, which is the smallest bitcoin miner at present

< / blockquote >

the above quoted digcoin.com - "Introction to mining machinery classification" has many professional terms. I hope it can help you, thank you

8. The ant S9 proced by bitmainland is the most mainstream mining machine on the market, which is famous for its low power consumption and high output. Ant mining machine S9 adopts TSMC's 16 nanometer FinFET process. TSMC comes from the agent factory of iPhone chip, and ant also applies the full custom design scheme on S9. So, this makes S9 have super computing power upgrade, let mining efficiency is higher. S9 adopts the latest generation chip bm1387 (189 chips in total), and the computing power of a single chip reaches 74gh / S. in terms of power consumption, S9 maintains at 0.08w/gh/s. (the power consumption is 0.08w/gh/s at 0.4V core voltage, and the power consumption per T computing power wall is only 100W, which is only 2.4 kwh per day. Rated calculation force: 13.5th/s ± 5%

Xuebao miner A1, miner chip is the core of miner. It is said that bitmine is the source of the whole bitcoin miner instry. Bitmine has its own powerful chip technology as early as the end of 2013. Of course, it also benefits from the joint cooperation and efforts of bitmine and other companies, and Xuebao miner is their own proct. A1 is the world's first customized mining machine, equipped with ASIC chip (bf16btc), the number of chips is as high as 576pcs, the computing power of a single chip is 84.1gh/s, and the overall computing power is as high as 49th / s ± 5%

Z4 adopts Intel al core [email protected] Cup, mining power is 265mh / S (ETH), equipped with independent graphics card 570x8, has 9 fans, and the radiator adopts Intel original radiator, power supply: station flag 2000W power supply, voltage: 12.4-12.6v.
9.

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

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