Projected earnings:
• Monthly Net Profit: $4.68
• Yearly Net Profit: $56.94
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 Bitaxe Supra Hex 701 (4.2Th) has a hash rate of 4.2 TH/S with the SHA-256 algorithm. Note that hashrates are only comparable between miners that use the same algorithm.
Yes, the Bitaxe Supra Hex 701 (4.2Th) consumes 75 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 75 W, your daily electricity cost is $0.08. 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: 17.858 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.
Bitaxe is the manufacturer of the Bitaxe Supra Hex 701 (4.2Th).
The Bitaxe Supra Hex 701 (4.2Th) consumes $0.08 worth of electricity per day at the current rate of $0.045/KWh.
The Bitaxe Supra Hex 701 (4.2Th) is designed to mine BTC using the SHA-256 algorithm. The miner's efficiency of 17.858 J/Th makes it specifically optimized for this cryptocurrency.