1. Aiwaka AdventuresHome
  2. Digital Disruptors

What Does “100 Full Miners” Mean (Power Consumption of 100 Miners)

• Digital Disruptors • 72 views

What does \”100 full miners\” mean? When mining Bitcoin, it is necessary to calcul

What Does 100 Full Miners Mean (Power Consumption of 100 Miners)

What does “100 full miners” mean? When mining Bitcoin, it is necessary to calculate the size of the hashing power first. If we compare a coin to a long candlestick, the larger the total network hashing power is. This means that as long as you can achieve a power consumption ratio of around 50T, you can obtain a hashing power of over 60W, which can generate profits of over 80W.

This means that the threshold for purchasing a miner is very high. For beginners, they can choose their familiar and trusted friends or close acquaintances. Because these people know that mining requires high technical expertise, there are also many people who enjoy playing this game. However, due to the high difficulty, many players may unintentionally fall victim to scams. But for beginners who have not mastered the relevant knowledge, only a very small number of miners truly understand what hashing power is and how to use it.

Power Consumption of 100 Miners

According to reports, the power consumption ranking list of the top 100 Bitcoin miners under Bitmain’s Antminer S19 shows that the total power consumption is about 6 billion kilowatt-hours. If calculated based on the current electricity cost, this is equivalent to around 400,000 kilowatt-hours, nearly 150 terawatt-hours (per terahash) in approximately one month. In addition, according to the data revealed by Bitmain, since February of this year, there have been 10 new Bitcoin and Ethereum mining nodes added to the network, with an average of 5 new blockchain network nodes added every day. After the block reward halving of BTC and ETH in the third quarter, more data is expected to be released. At that time, the power consumption of over 300 machines can be reached. (Wu Shuo Blockchain)

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/08/19/what-does-100-full-miners-mean-power-consumption-of-100-miners/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/19/2023 05:05
Next 08/19/2023 05:27

Recommended articles