The price of coins rebounds, mining becomes increasingly popular, and novices should beware of scams

Recently, BTC rebounded sharply, rising to around 8,000 US dollars. In an instant, mining machine vendors, scalpers, second-hand dealers, and mining farms revived and appeared on the scene. Ant Continent began to perform the old routine of pre-sale again, but now it is different from the past. Ant has long fallen from the altar in the hearts of miners. After years of technological catch-up and last year's sharp drop in the price of coins, various mining machine vendors have basically squeezed into the same starting line with Ant. The days of a single dominant company are gone, which is definitely good for us miners. There are many manufacturers producing good machines, and the room for selection has been greatly increased.

At present, the mainstream models on the market are Antminer S17, Innosilicon T2T, Ebit E11 series, and the high-computing models that are about to enter the market, Shenma M20s and SiChuang U8. The old Avalon and other niche mining machines with various algorithms are dazzling. As a newcomer to the mining market, I am probably a little confused in the face of so much information. Today, the captain will briefly tell you so that you can take fewer detours and avoid falling into the pit.

Purchasing a mining machine to make a profit will inevitably involve a return on investment, and this return cycle is closely related to electricity prices, coin prices, and mining machine prices. So when we choose a mining machine, we choose the best mining machine combination based on our own funds and the electricity price we can get, so as to return the investment and complete the project return as soon as possible. At the same time, we should take into account the reduction in mining caused by the increase in computing power and the fluctuation in book income caused by the fluctuation in coin prices. Affected by the sharp correction of coin prices last year, the electricity price during the flood season this year has generally decreased, ranging from 0.27 to 0.3 depending on the number of machines. At this time last year, it was between 0.35 and 0.4. With the 30t computing power of the Xindong T2T and the power consumption of 2200w, it can mine 0.00117 BTC per day, about 63RMB. Calculated at an electricity price of 0.3, the net income is 47RMB, and the payback period is 134 days. This mining return cycle is calculated based on the current coin price and computing power, which will be shortened or lengthened.

For those who want to buy second-hand mining machines, don't touch the T9+. At the end of last year, they were sold as scrap metal for 50 yuan. They are of poor quality, high power consumption, and low risk resistance. Second-hand s9 and the like can last until the end of the year. The price of mining machines follows the price of coins. Now the price of 14T and 15T machines has increased by more than 30% compared with last month. Don't touch Ant's futures. It wastes time and amplifies risks. All major manufacturers have sufficient supply.