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What is the Bitmain Antminer DR5 profitability

What is the Bitmain Antminer DR5 profitability?

  • 26 February 2022
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The Bitmain Antminer DR5 profitability is 8USD per day ranking it 33 among other ASIC miners. Released in September 2021, the device is exploiting 35 Th/s mining power and the Blake256R14 mining algorithm consuming 1610 W electricity power. The Bitmain company has always been the crypto mining market leader producing various models for mining different coins.

Behind the scene of Bitmain organization

Bitmain Technology Ltd. is founded in Beijing, China in 2013 by Jihan Wu, Micree Zhan. The company introduces many new models every year that is always among the top ASIC miners. Moreover, they bring cutting-edge technology solutions to the industry along with the devices they introduce. They plan to introduce an advanced hydro cooling technology at the largest Bitcoin summit in April 2022 in Miami. The team is also loyal to the latest government policies, particularly for environmental matters. They have recently bought carbo credit batches to cover the carbon-neutral policy.

The range of Bitmain products varies from miners to racks. Their latest upcoming devices are Antminer S19 Pro+ Hyd, and Antminer S19 XP with 15K USD and 11K USD respectively. They are also developing a mining container called ANTSPACE HK3 (with DWT-T) priced at 110K USD. This product is an evolution in the mining industry as the whole mining farm comes in one pack. This results in the system’s integrity and much more effectiveness.

What is the Blake256R14 function?

The Blake series of mining algorithms is simply an improved version of the SHA-256 mining algorithm. The Blake algorithm family contains various coins including Blake 2b, Blake 2S, Blake 256R14, Blake 256R8, and so on. The term R in the name of the algorithm stands for Round, meaning how many times the hashing function will be completed. So, for R14, the hashing function will be carried 14 times which brings more security.

The only platform that uses the R14 algorithm is Decred at the moment. The DCR price is about 53USD with a 5-million-dollar trading volume within the last 24 hours. It is ranked 91 on the Coinmarketcap website with a 730-million-dollar market cap. The circulating supply of the coin is 13.7 million out one 21 million. The coin can be traded on several exchanges including Binance, Bybit, Huobi Global, and OKX.

Is it worth it to invest in the Bitmain Antminer DR5?

The Bitmain Antminer DR5 profitability is 3.1K USD in a year using a 35 Th/s mining power. The Antminer DR5 price varies from different sources. The most reasonable price is 4K USD mentioned by the crypto miner. deals website. With this price, the ROI ratio will be 77 percent in a year. This means the initial cost will be covered within 15 months of running the device. This amount is not bad but there are other choices with fewer ROI ratios, however, more capital is required to buy them.

Is it worth it to invest in the Antminer DR5?

What are the Bitmain Antminer DR5 specifications?

The Bitmain Antminer DR5 profitability 8USD per day putting the device among the top 35 ASIC mining devices. Also known as the Antminer DR5 (35 Th), the mining device is released in September 2021. Since then the DR5 has been delivering the profitable result. The 178 * 238 * 297mm size and only 7.7Kg weight of the device make it appropriate for both mining farm and household (particularly the 12V electricity functioning) installation. Having two powerful fans can perfectly cool down the heat created using 1610 W power consumption. The 5 – 40 °C temperature ratio, 5 – 95 % humidity percentage, and the Ethernet structure of the device are all standard features of the current market.

Specifications

Manufacturer Bitmain
Model Antminer DR5 (35Th)
Release September 2021
Size 178 x 238 x 297mm
Weight 7750g
Noise level 76db
Fan(s) 2
Power 1610W
Voltage 12V
Interface Ethernet
Temperature 5 – 40 °C
Humidity 5 – 95 %

Comparing ASIC miners

The Bitmain Antminer DR5 profitability is 8 USD per day ranking it at 33 positions compared to other ASIC miners. The miners above the DR5 are Innosilicon A6+ LTCMaster (9 USD/day), Bitmain Antminer S19 (9 USD/day), Bitmain Antminer Z15 (9 USD/day), Goldshell CK6 (10 USD/day), Bitmain Antminer S19j Pro (11 USD/day), MicroBT Whatsminer D1 (12 USD/day), and MicroBT Whatsminer M30S++ (12 USD/day).

Below the DR5 are Bitmain Antminer S19j (8 USD/day), Goldshell LT5 (8 USD/day), Canaan AvaloMiner 1246 (7 USD/day), and so on.

Comparing ASIC miners

What is the best Blake256R14 miner?

The Antminer DR5 profitability among Blake256R14 miners put it in the third position. Number one and two Blake256R14 miners are the StrongU STU-U1++ and MicroBT Whatsminer D1 with 13USD and 12USD profits per day respectively. Below this, we cannot find any profitable miners as all incomes are below 1 USD.

What is the best Blake256R14 miner?

Conclusion

The Bitmain Antminer DR5 profitability is 3.1K USD resulting in a 77 percent ROI in the first year. This means the miner’s income can cover the initial investment amount within the first 15 months of working. These calculations, however, depend on the price and the mining difficulty of the DCR platform. The Bitmain company is the leader in the mining market providing great technical support for crypto activists. The DR5 is still profitable, however, you need to do your research to choose the best miner device before starting a mining business.


Why Bitcoin cloud mining?

An unknown individual or group called Satoshi Nakamoto introduced the Bitcoin network to the world in 2009. In 2021, there are more than 10,000 different projects in the field of cryptocurrencies. So each of them has its role in building the future of money.

The market value of cryptocurrencies reached $ 1 trillion for the first time in January 2021. It passed $ 2.5 trillion less than three months later. So it shows that this market is one of the growing markets in the favor of its investors.

Bitcoin Cloud Mining is the process by which you participate in a mining pool to a cloud miner website and purchase a certain amount of hash power. In this pool, the profit will distribute equally among all participants who have participated in the mining pool. It will happen based on hash power. So the cloud miner platform allows you to mine your BTC without installing any hardware and at no extra cost. So Minerland, the best crypto cloud mining service, helps you invest in Bitcoin easily and with low risk.

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