What Determines the Power of a Miner (Miner Power Supply)

The power of a miner is determined by many factors in the field of Bitcoin mini

What Determines the Power of a Miner (Miner Power Supply)

The power of a miner is determined by many factors in the field of Bitcoin mining, with electricity consumption having a natural correlation with electricity costs. Therefore, as the cryptocurrency market develops and becomes more popular, mining becomes easier and more efficient. Additionally, the existence of ASIC technology and the demand for environmental protection have made mining more reliable and provided better returns for miners.

In order to reduce electricity costs, the following three indicators can be considered: power consumption (Consensus), power consumption = computing power / efficiency – workload hashrate. Each type of machine has a different workload – for example, the Bitmain S19 series or the Ant T17Pro series, while the Shenma M30S series will determine its power value based on the use of hardware devices. (Image source: bitcoin.com)

Miner Power Supply

According to the news from the Binance mining pool, Bitmain’s Ant series S19 Pro, Core Dynamic T21 series, and Shenma M30s+ models account for an average of 30% and 24% of the total network hashrate, respectively.

There is a certain difference in electricity costs for Bitcoin mining: most miners use low-power (high-efficiency) computers, while for ordinary users, they need to choose cheap and safe technology to operate the machines. Therefore, in order to ensure reliability and reduce operating costs, some small mining farms have not even considered using high-power power supplies.

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