How does BOF mining machine make profits

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. According to the current total computing power and the current growth rate of total computing power, it will take about 250 days to dig a bitcoin

3.

IPFs is a file transfer protocol similar to http. If IPFs wants to run, it needs many computers (storage devices) in the network as nodes. In a broad sense, all participating computers can be called IPFs mining machines

in order to attract more users to join the IPFs network and contribute to the network, an encryption currency named filecoin is designed, which is distributed to the participants (nodes) as a reward according to the amount of contributed storage space and bandwidth. In a narrow sense, the computer specially designed for the purpose of obtaining the filecoin reward is called IPFs mining machine

because IPFs network needs storage space and network bandwidth, in order to obtain the highest profit ratio, IPFs mining machine usually strengthens the storage space and reces the power consumption of the whole machine. For example, more than 10 high-capacity hard disks are equipped, Gigabit or higher speed network cards are equipped, and ultra-low power architecture processors are used

of course, the mining machine provides storage services, so it can obtain revenue. The size of revenue is related to the configuration of mining machinery and the number of IPFs mining machinery

extended data

the reasons why it is not recommended to invest in IPFs are as follows:

1. IPFs technology is too early to be commercialized

IPFs now takes up a lot of bandwidth. IPNs is very slow at present, which is an obvious technical defect. It will be very difficult to realize dynamic web pages only through IPFs

There is no reasonable economic model, even if the token economy is added, it is difficult to realize the long-term natural ecological value

as a very cumbersome decentralized protocol, it is difficult for users to share files autonomously and spontaneously. In addition, even if users share files into the protocol, the files will be completely open and users cannot delete files effectively, so the security of valid files is threatened

the solution is to introce encryption and blockchain incentive mechanism. At the same time, it solves the security and storage power problems of files. However, as mentioned before, any node with workload proof under blockchain incentive mechanism will face an economic problem of continuous power on state

It is difficult to establish an ecological network with IPFs as the core under the influence of technical problems

The ecological application space of

IPFs is quite limited, and the project interaction speed realized by IPFs protocol is also very slow. Of course, it has a direct relationship with the number of nodes and the distance of calling

4. Hello

mainly depends on what Miner you have
if you are like ant s9i, the power is 1.4kw, the price is 5400
the daily coin yield is 0.0007, the monthly coin yield is 0.021
monthly income: 0.021 * 44654.5 = 937.7445
minus the monthly management fee of 30, And electricity (1.4kw * 24 * 0.48 * 30 = 483.84)
the monthly net profit of a mining machine is 423.9
if you have any questions, please send me a private letter

5. Market economy. Commodity proction has a certain quantity, that is, the total quantity of procts. The price, however, fluctuates with the supply and demand of commodities (that is, the relationship between the quantity supplied and the quantity needed). That is to say, the total quantity remains unchanged. When there are more people buying goods, the supply falls short of the demand, and the price rises. When there are fewer people buying goods, the supply exceeds the demand, and the price falls
for example, if there is a certain harvest of garlic and more people buy it, the supply can't meet the demand and the price is high, while less people buy it. If the garlic can't be bought, the price will be lower.

6. I agree with you very much. You can't buy the miner blindly without knowing the source of income.

7. Now the investment in mining machinery has high income and decentralization. It is suggested to go to NB cloud mine. The big capital investment platform is regular and safe, with strong background and fast cash withdrawal

8. Buy mining machine, basically can guarantee as long as there is computing power can be directly proportional to the income. In the early days of mining, because the number of miners was not very large, CPU was widely used in mining, which could be regarded as the "trillion" level. With the increase of mining population, CPU obviously can no longer meet the needs of miners. At this time, the graphics card mining with greater computing power and stronger universality was born, and the computing power was pushed up to the "100 trillion" level. Interstellar bit miner can pay more attention

9. The revenue of mining machinery mainly depends on the computing power. At present, the mining machinery with better computing power is the hummingbird H1 of interstellar bit. The storage of other mining machinery can't be expanded, and the unit cost storage wastes too much, which can't improve too much computing power

10. It means that every effective user can get 100% of the profit of the intelligent miner. For example: for your direct push account, you can get 10 WECS for a day's intelligent mining machine revenue, and so on.