Projected earnings:
• Monthly Net Profit: $-17.67
• Yearly Net Profit: $-214.98
No, mining profitability is not guaranteed to stay the same over time. While the current daily profit is shown above, this can fluctuate due to various factors such as:
Be prepared for potential changes in profitability based on these market dynamics.
The Antminer S5 (1.155Th) has a hash rate of 1.155 TH/S with the SHA-256 algorithm. Note that hashrates are only comparable between miners that use the same algorithm.
Yes, the Antminer S5 (1.155Th) consumes 590 W per hour. You can adjust your local electricity price in the header preferences to see profitability calculations based on your actual electricity cost.
Electricity expenses are a significant factor in mining profitability. With the power consumption of 590 W, your daily electricity cost is $0.64. Higher electricity rates can reduce or even eliminate profits, which is why assessing local energy costs is crucial when determining if mining is viable.
With higher electricity costs, investing in a highly efficient miner like this one (efficiency: 511 J/Th) becomes even more important.
The lifespan of mining hardware depends on several key factors:
Proper maintenance and ideal operating conditions can significantly extend hardware longevity.
Bitmain is the manufacturer of the Antminer S5 (1.155Th).
The Antminer S5 (1.155Th) consumes $0.64 worth of electricity per day at the current rate of $0.045/KWh.
The Antminer S5 (1.155Th) is designed to mine BTC using the SHA-256 algorithm. The miner's efficiency of 511 J/Th makes it specifically optimized for this cryptocurrency.