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What is the mining of the S9 miner (how many days does the S9i miner take to mine)?

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What is the mining of the S9 miner? According to official sources, the S9 miner

What is the mining of the S9 miner (how many days does the S9i miner take to mine)?

What is the mining of the S9 miner? According to official sources, the S9 miner is mainly used for mining and extraction of Bitcoin, using new ASIC chips to improve efficiency. Currently, the mainstream Antminer S7 series miners on the market use the high-performance graphics card Antminer E11 Pro+ launched by Bitmain.

According to the official introduction, the main feature of the S9 miner is zero carbon emissions, low power consumption, and high scalability. Furthermore, it enables miners to mine efficiently when there is sufficient power supply. In addition, it has high computing power and can support a higher block rate (approximately 4 exahash per second).

How many days does the S9i miner take to mine?

Editor’s note: This article is from Caiyun Blockchain (ID: cybtc_com), written by irishash, authorized for reposting by Odaily Star Daily.

According to the official announcement from Bitcoin mining manufacturer S9, there have been three consecutive working days without producing new Antcoins before November 15, 2020. This means that there are currently many Bitmain’s Shenma M30S+ models on the market, but these machines still have a certain payback period. (Specific data and difficulty changes) According to this calculation speed, these Antminer-manufactured mining machines may continue to operate for a few weeks before shutting down. Moreover, if there are abnormal price fluctuations, there will not be significant problems because the power consumption of the Antminer is much lower than that of the old models. However, what if? We can observe an interesting situation – the average electricity cost from the beginning of this year is about 2 RMB, which is more than 10 times higher than the average power cost starting from May of last year. Although the overall network computing power has dropped to below 50E, with the development of the cryptocurrency market and the increasing demand for mining hardware, more and more mining farms choose to use new devices for mining, such as the recent TSMC T3 series (also known as the core motion A7 Plus), and there will be upgrades of some large-scale mining farms coming soon. Therefore, in order to facilitate everyone to adapt to the market changes faster and better, some small mining farms have decided to upgrade their existing mining equipment to the latest S9i miners to meet the growing demand:

“I expect to add more than 40,000 S8 ASIC chips this year and increase the number of available graphics cards.”

According to the official website, “Because most mining pools currently use Samsung’s S6Pro/T20T process, it is difficult for ordinary people to imagine what the difference is like, right?” These are the two most common types of miners in the current market, which are the Antminer S19 (or S17 Pro) and the Antminer S9 (old version), and the Shenma miner RTX3080 (brand new). However, it is worth noting that these two new machines are the same model of miners, and their prices are very low.

In addition to the first two products, the s9i miners currently available on the market are mainly divided into three categories: the first group is novice users (mainly mining Bitcoin with S9i, or directly placing Bitcoin on the S17-S16 version), the second group is retail investors dominated by high-net-worth clients, who usually allocate a large amount of idle funds in their investment portfolios. The third part is professionals, and only a few institutions have good experience and technical reserves. Most of them are family offices, which are basically younger generations of players. It is also a relatively safe way for them because they can get enough money from other sources before considering entering this field. In addition, there is another category, which is old-brand mining equipment suppliers, such as Bitmain’s M31 series and MicroBT from Canaan Creative.

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