Projected earnings:
• Monthly Net Profit: $281.25
• Yearly Net Profit: $3421.88
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 VolcMiner D1 (17Gh) has a hash rate of 17 GH/S with the Scrypt algorithm. Note that hashrates are only comparable between miners that use the same algorithm.
Yes, the VolcMiner D1 (17Gh) consumes 3900 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 3900 W, your daily electricity cost is $4.21. 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: 229.42 J/Gh) 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.
VolcMiner is the manufacturer of the VolcMiner D1 (17Gh).
The VolcMiner D1 (17Gh) consumes $4.21 worth of electricity per day at the current rate of $0.045/KWh.
The VolcMiner D1 (17Gh) is designed to mine DOGE+LTC using the Scrypt algorithm. The miner's efficiency of 229.42 J/Gh makes it specifically optimized for this cryptocurrency.
