Why is the S9J more expensive than the S9i (How long can the S9 miner last)?

Why is the S9J more expensive than the S9i? According to Binance Research Institute, why is the S9J more expensive than the S9i? Why is the S9J more expensive than the S9i? Zhang Wenchao, CEO of BtcTrade, stated: The value of Bitcoin lies in the fact that it cannot be counterfeited. So if we are using older machines, then the S9J is more suitable for using new devices.”

Currently, there are already many well-established manufacturers that have launched blockchain ASIC specialized graphics cards – the S19 series and S15 series. However, due to the high prices and low efficiency of these new products, many miners are deterred and choose to increase their hashing power from 1T to 2T. Therefore, under these circumstances, the cost of miners will definitely be higher than some “high-end” mine owners.

How long can the S9 miner last?

Reportedly, the rise in the price of Bitcoin has led many mining hardware companies to shift their focus to Ethereum. However, many cryptocurrency investors now claim that their portfolios no longer contain Bitcoin. For example, the S9 miner recently launched by MicroBT has consumed approximately $150,000 in electricity over the past year (accounting for about 15% of all hashing power). If the price of Bitcoin is pushed above $100,000, these machines may become useless, but this is not major news. According to a report published by the Cambridge Centre for Alternative Finance, currently less than half of the Ether coins have been mined (over 90% is generated through the Bitcoin network). Therefore, they believe that the lifespan of the S9 miner can be used to mine for how long.

However, some analysts also predict that as the crypto market develops and the demand for Bitcoin increases, some Bitcoin mining companies will consider selling their equipment, as they believe that the S9 miner is easier to meet the demand and reduce costs. (Coindesk)