Does Internet speed affect mining rate?

Does Internet speed affect mining rate?

So, in conclusion – if you plan to start mining in your home / office, do not upgrade your internet speed. If you have dedicated location where you only do mining – pay for the slowest cheapest speed available. Make sure to use wired internet connection using an Ethernet cable whenever possible.

How much bandwidth does AntMiner S9 use?

The Antminer S9 is a powerful machine that offers 14 TH/s, which means it is one of the top performing ASIC miners available today. However, with that power comes a requirement for energy. While it is still efficient, at 0.098 W/Gh, you are still going to be spending quite a bit on electricity as you are mining.

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How much Internet speed is required for Bitcoin mining?

There have been instances in which systems have mined Bitcoins successfully with as low as ~500 Kbps, which is nothing – dial-up speeds. It’s likely most will need a bit more, but in reality, even high-level systems don’t need more than 15 Mbps.

How fast does AntMiner S9 mine?

The Antminer s9 the most powerful miner available on the market. The Antminer s9 has a hash rate of 12.93TH/s -+ 7\% (and not 14 TH/s as advertised sometimes), which means that it can generate around 0.5 Bitcoins every month.

What is the best Antminer?

Best Bitcoin Mining Hardware: Cheap ASIC Equipment

Name Company Hash Rate
Antminer S19 J Pro ‎Bitmain 100 TH/s
Whatsminer M30S DragonX 90 TH/s
Bitmain Antminer S7 BitcoinMerch 504/ TH/s
Antminer S19 ‎Bitmain 95 TH/s

How much Bitcoin can you mine with Antminer S9?

Based on its technical specifications, the S9 will have the capacity to mine 0.03600399 Bitcoin per month. This figure does not factor in the cost of hardware, power, pool fees and others. If you run the Antminer for a month, expect to get a profit of 0.02138775 Bitcoin, which is equivalent to $178.78.

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How profitable is mining with AntMiner S9?

Find out more hashrate, consumption, difficulty, and profitability for mining 42 different coins. Antminer S9 can reach 13 TH/s hashrate and 1300 W power consumption for mining BTC (SHA-256) earning around 3.99 USD per day.

How much electricity does a bitcoin S9 Antminer use?

It depends on the “power” of each S9 Antminer. For example, the “Antminer Bitcoin S9 B3” has a “power” of 1600W. If the Antminer Bitcoin S9 B3 “remain connected 10 hours in a day, the daily consumption of electricity will be: 8 clever moves when you have $1,000 in the bank.

How much does it cost to run an Antminer?

In a 30-day month, these systems will draw about 1,080 kWh. If your power cost is $.12/kWh, it will cost you $129.60 to run a single S9 unit. There is one thing that most of our customers do not account for when they are comparing the cost of hosting their Antminer at our data center to what it costs them at home.

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What power supply do I need to run an Antminer?

Bitmain (Antminer’s manufacturer) recommends using APW3-12-1600-B2 which can be found on their website, on Amazon or on eBay at different price points as well. Here’s how to set the miner up with the power supply (notice how loud the miner gets once you operate it): If you own a PSU of an old Bitcoin miner you might be able to use that as well.