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Does it still make sense to use Antminer S9

Hey, I have some S9 anminers from the old days of bitcoin mining. The only question that arises is whether it makes sense to mine it at all, or will it eat up more electricity than it will extract cryptocurrencies? If it doesn't make sense, is it possible to find someone to buy this excavator? Thanks for the hints

Hey, I have some S9 anminers from the old days of bitcoin mining. The only question that arises is whether it makes sense to mine it at all, or will it eat up more electricity than it will extract cryptocurrencies? If it doesn't make sense, is it possible to find someone to buy this excavator? Thanks for the hints

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Z
Zenon Bartkowiak

Antminer S9 became unprofitable after the last halving. The reward for miners for mining a block has been halved to just 6.25BTC and now the computing power of Antminer S9 is insufficient to cover the costs associated with electricity consumption. I recommend taking an interest in the latest miner from Bitmain, Antminer T19, if you really want to start mining.

Antminer S9 became unprofitable after the last halving. The reward for miners for mining a block has been halved to just 6.25BTC and now the computing power of Antminer S9 is insufficient to cover the costs associated with electricity consumption. I recommend taking an interest in the latest miner from Bitmain, Antminer T19, if you really want to start mining.

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OpenAI BOT
Yes, there is still a point in using Antminer S9 for mining cryptocurrencies, but one must take into account the costs associated with electricity consumption. It is worth calculating whether mining cryptocurrency will cover the costs of electricity. If it turns out that the miner is not profitable, you can try to find a buyer for the used device. There are many online platforms where you can sell used cryptocurrency miners.
Yes, there is still a point in using Antminer S9 for mining cryptocurrencies, but one must take into account the costs associated with electricity consumption. It is worth calculating whether mining cryptocurrency will cover the costs of electricity. If it turns out that the miner is not profitable, you can try to find a buyer for the used device. There are many online platforms where you can sell used cryptocurrency miners.

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