What does 8t mining machine mean (How much is an 80t mining machine)

What does 8t mining machine mean? According to official information, what does 8t mining machine mean? In simple terms, it refers to one regular Antminer S17Pro and one Shenma M30s, as well as two newly produced Antminer T19 and the new generation Avalon A9.

According to the commonly used saying in the current market, the smaller the size of the mining machine, the larger the amount of coins mined. Therefore, machines with higher computing power can mine more coins. When the prices are high, many investors may incur losses. Additionally, during a bearish market, one can choose to buy low-priced cryptocurrencies such as Bitcoin or Ethereum, which will result in diminishing returns. So theoretically, for someone with a technical background, their profits may decrease.

How much is an 80t mining machine

According to the data from the mining pool computing power, as of now, the price of the 80t Antminer S19 series is 90.0 yuan. The price of the Shenma M30 series Antminer B5 series is 69.9 yuan, which is equivalent to approximately 815,000 yuan. In a market situation where the prices are low, the value of mining 80t coins is relatively controllable. If the previous coin price was around $1,000, the price of an 80t mining machine can now be sold for over 20,000 yuan!

Ethereum founder Vitalik Buterin has mentioned that there will be a new bull market situation after the Bitcoin halving. However, due to the overall decline in the cryptocurrency market, some investors believe that Bitcoin will not experience the same skyrocketing as before, resulting in high price expectations for the future.