Beijing, China, (March 10, 2021):
Like bitcoin, Bitmain's trajectory is quite unlikely. Founded in 2013, the Chinese company has become in just under five years the undisputed leader of the bitcoin mining industry (see sidebar). This is a market little known to the general public, but which tends to become so, as the results of the Asian group are impressive.
Offered by Bitmain , one of the main manufacturers of ASICs (based in China), the Antminer S19 Pro 110TH/s is one of the latest models released by this manufacturer. It presents a marked improvement over its direct ancestor, the Antminer S19, both in terms of raw chopping power and fuel efficiency. So that the Antminer S19 Pro 110TH/s has no more secrets for you, let's see its technical characteristics, then the algorithm to which it is dedicated, as well as the cryptocurrencies that it can mine.
Bitmain's Antminer S19 Pro 110TH/s is dedicated to the calculations of the SHA-256 algorithm. The most important cryptocurrency used this algorithm for its Proof of Work (PoW) consensus is of course Bitcoin (BTC). A large majority of Bitcoin forks, like Bitcoin Cash (BCH), have also retained the SHA-256, making them shabby by the Antminer S19 Pro 110TH/s.
The profitability of mining must, on the other hand, take into account several parameters , some of which are variable over time , such as the difficulty (which generally increases over time), or particular events , such as halving (which will divide the mining rewards by of them).
In other words, it is impossible to determine which cryptocurrency will be the most profitable to mine with the Antminer S19 Pro 110TH/s by the time you read these lines.
About Bitmain Antminer:
This is miner from Bitmain, offering high quality and safe mining solutions for the users. With their ‘Secure Boot’ option, the entire antmining process happens to be the best now.
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