What mining machine is used to dig Ethereum (is digging Ethereum worth investing in)

What mining machine is used to mine Ethereum? According to the latest information of the Shenma M1 series, the computing power of the Ant Mining Machine is 150TH/s. Shenma’s A9Pro has increased its production capacity by 500T (about 3000 yuan) on the basis of power consumption of about 30W, and Bitmain’s S19Pro has increased its production capacity by 400T on the basis of power consumption of about 20W. In addition, Shenma E3 also uses the latest Avalon graphics card, with the energy efficiency ratio as low as the second gear There are two options for Bitcoin mining hardware: one is to use TSMC’s 8nm chip for ASIC chip development; The second is to choose mainstream new mining machines such as AntminerS11 and Xindong T4 to reduce machine costs. In addition, Ant S15, Ant L3+, and Winbit A10Pro were also selected as one of the mining equipment. How much electricity does digging Ethereum require? At present, there are many kinds of Cryptocurrency ore pools on the market, including coin security ore pools, fish pools, etc. The price of Ethereum fluctuates greatly. In order to make it cheaper to find Ethereum, you need to buy some high-tech products or services

Is it worth investing to dig ether coins

Today is the third birthday of Ethereum. Hello, everyone Let me first make a conclusion: Is digging for Ethereum still worth investing in? Because this project had already risen to its previous high in the second half of last year. So buy now and wait until January next year to truly understand whether it’s worth it or not Mining to make money is as risky as investing in stocks, but for an ordinary investor, if you invest all your principal in it, even if you don’t have enough money to dig for Ethereum, it can only be seen as a gamble to gain profits, but this is just your bet

3. Bitcoin, Litecoin or other Cryptocurrency are all money losing Is it safe to dig Ethereum? Is it possible to ensure the safety of assets? Why choose Bitcoin or other counterfeit currencies? If that’s the case, my suggestion is to hold onto your BTC or LTC before investing For investors who have always considered ‘digital gold’, ‘digital hedging’. These investors will make a lot of money in the short term and hold it for a long time, and once they lose money, they will also incur huge losses At present, the price of Bitcoin continues to decline, with an increase of over 50% from the beginning of this year to the present, while Ethereum maintains a strong momentum. On September 30, 2018, the price of Bitcoin broke through the $20000 mark before soaring to a high near $20000. As of the time of writing, Bitcoin prices have retreated by over 80%; At the end of 2019, Bitcoin briefly fell below $2000; The lowest price as of the time of writing is 10000 RMB; At present, the price of Ethereum is close to 1000 yuan, far exceeding the price of Bitcoin. Although the price of Ethereum has recently experienced significant fluctuations, I still firmly believe that Bitcoin and other counterfeit currencies will not become the mainstream axis of the future bull market

7. It is better to buy Ethereum than to dig Bitcoin and counterfeit coins. In my opinion, Ethereum and Bitcoin are not the same type of things. They have different market demands and different levels of value capture capabilities. Therefore, investors in both Personal finance products and institutional finance products will face such challenges in any case

8. “The concept of digital Scarcity” is precisely because blockchain technology can solve many key problems worldwide, making it more replaceable, and may even be widely accepted. As time goes by, various Cryptocurrency will appear more and more in the public’s view. Ether is no exception, and its development prospect cannot be ignored – it is a new form of currency coexisting with gold, with certain particularity. However, as it is a highly concentrated field, the wealth effect it brings may have a devastating impact on the entire industry.