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What is the Bitmain Antminer D7 profitability and ranking

What is the Bitmain Antminer D7 profitability and ranking?

  • 18 January 2022
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The Bitmain Antminer D7 (1286 Gh) is one of the best crypto mining devices using the X11 algorithm. Launched in Oct 2021 with 3148 W energy consumption and income estimation of 34 USD daily profit. This model is among the top Bitmain mining devices competing in X11 algorithm devices.

History of Bitmain company and Antminer D7

The Bitmain company is the largest manufacturer of ASIC crypto miners. The Bitmain Technologies Holding Company is the parent company of Bitmain Technologies Ltd started in 2013 by Jihan Wu and Micree Zhan in Beijing, China. Antminer, Antpool, and Hashnest are their brands in the mining industry which the latter two are advocates of mining pools and cloud mining business respectively.

The Bitmain Antminer D7 (1286 Gh) parent is Bitmain Antminer D3 that came with three different hashing power of 15 Gh, 17.5 Gh, and 19.3 Gh in Oct and Sep 2017. After five years of working, these models have become obsolete and they are not profitable anymore. Therefore, the mining market has been thirsty for a new profitable mining device from Bitmain.

What can you mine with the X11 algorithm?

X11 algorithm is a cool hashing algorithm in the technology field. X11 algorithm is a platform with 11 rounds of scientific hashing functions. They are Blake, BMW, Groestl, JH, Keccak, Skein, Luffa, Cubehash, Shavite, Simd, Echo.

X11 algorithm is developed for mining of a series of coins such as Dash, Euno, Polis, Memetic PepeCoin, Happycoin, Junson Ming Chan Coin, Center Coin, etc. Of course, you can choose any coin to mine, applicable with X11 but you need to be sure about your income. Dash is one of the highly profitable coins on the list and many miners choose it as their first mining choice.

What are the D7 specifications?

Bitmain Antminer D7 (1286 Gh) price is about 12K USD that is reasonable for this type of mining device. Its income is also estimated to be 12K USD, meaning a 100 percent ROI in a year. In other words, your initial investment will be covered if you purchase and run the Bitmain Antminer D7 for one year. 100 percent ROI in a year is a logical evaluation for every business. However, one must bear in mind the mining difficulties and market conditions such as the bear market situation affecting the profit amount.

The Bitmain Antminer D7 (1286 Gh) is also known as Antminer D7 1.286 Th released in Oct 2021. The 14.2 Kg weight and the 400 x 195 x 290mm size of this mining device makes it an appropriate choice for miners who want to establish mining farms using the X11 algorithm. Equipped with four fans makes the D7 cooling system is effective for cooling down the heat produced by 3148 W electricity power consumption. One of the main advantages of Antminer D7 is that it can work with 12 V electricity which makes it user-friendly for everyone in the industry. The 5 – 45 °C temperature, 5 – 95 % humidity, and Ethernet interface of the device have provided a common standard for its usability expansion.

Specifications
Manufacturer Bitmain
Model Antminer D7 (1286Gh)
Also known as Antminer D7 1.286Th
Release October 2021
Size 400 x 195 x 290mm
Weight 14200g
Noise level 75db
Fan(s) 4
Power 3148W
Voltage 12V
Interface Ethernet
Temperature 5 – 45 °C
Humidity 5 – 95 %

Antminer D7 comparison with top crypto miners

Antminer D7 (1286 Gh) is not the number one profitable miner but it is among the best mining devices with the highest daily profits. Making 34 USD daily profit brings it to the twelfth position in comparison to other mining devices. Released in Oct 2021 with 1.286 Th/s and 3148 W power consumption, the Antminer D7 is the only profitable miner with the X11 algorithm at the top of the list. Above it, we got iBeLink BM-K1 (35 USD / day), Goldshell KD2 (40 USD / day), Innosilicon A11 Pro ETH (2000 Mh) (66 USD /day), and Bitmain Antminer L7 (77 USD / day).

Which X11 miners are profitable?

Bitmain Antminer D7 is on the top of the list of X11 mining devices. The daily profit of D7 is used to be 34 USD till 16th Jan 2022, however, it becomes 18 USD only one day later on 17th Jan 2022. This huge difference shows the importance of market conditions and the vitality of financial evaluation before starting the mining business.

Nevertheless, D7 is still above StrungU STU – U6 with 2.94 USD / day and FusionSilicon X7 Miner with only 1.43 USD / day. The rest X11 miners such as PinIdea DR3, Spondoolies SPx36, and Innosilicon S5 Dash miner are not profitable at the time of writing this article.

Conclusion

The Antminer D7 is one of the profitable mining devices using the X11 algorithm. A lot of miners have become interested in Altcoin mining due to the high difficulty of Bitcoin mining. X11 has become so popular in the industry. X11 is proper for mining Dash, Euno, Polis, Memetic PepeCoin, and many other coins. With 1286 Gh hashing power and four strong fans turned it become an efficient mining device in the market. The market conditions as well as the electricity cost, however, are vitally important for planning and running a mining business. Therefore, you need to do your research before entering the mining business.

Why Bitcoin?

The Bitcoin network was introduced to the world in 2009 by an unknown individual or group called Satoshi Nakamoto. In 2021, there are more than 10,000 different projects in the field of cryptocurrencies. Each of which, having its role in building the future of money.

The market value of cryptocurrencies reached $ 1 trillion for the first time in January 2021 and passed $ 2.5 trillion in less than three months later, which 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. The cloud miner platform allows you to mine your Bitcoin without installing any hardware and at no extra cost.  Minerland, the best crypto cloud mining service, helps you invest in Bitcoin easily and with low risk.

One response to “What is the Bitmain Antminer D7 profitability and ranking?”

  1. Yanga Jili says:

    Good information and useful thou

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