The Bitmain Antminer S19 XP profitability is among the top 20 best ASIC miners giving 140 Th/s of SHA-256 mining algorithm with a daily profit of 16USD. The miner’s power consumption is 3010 W which is reasonable for 140 Th/s mining power. The miner release date is July 2022 and the pre-order price of the miner is mentioned on different websites at about 12K USD.
What is the Background of the Bitmain Antminer S19 XP?
The Bitmain organization is founded in 2013 by Micree Zhan, Jihan Wu in Beijing, China. Since then, the company has expanded globally as the leader in blockchain server production. The R&D departments and the company subsidiaries are located in 14 countries with 600 employees. The Antminer brand family has been significantly successful in a way that they could accomplish almost 80% of the market share. The Antminer’s clients are from more than 100 countries on all continents.
The company utilizes the most cutting-edge technologies by providing energy-efficient hash rate functioning to the miners. Bitmain supports applying green energy to mining processes as the impacts of fossil fuel energy are seriously becoming harmful. Therefore, the company has announced its mission as “making a better human-being digital world” through which the mining industry can experience a huge change if applied accurately.
What is the SHA-256 algorithm? What coins can be mined with it?
The SHA 2 mining algorithm is the acronym for Secure Hash Algorithm developed in 2001 by NSA and NIST. The SHA 2 is the improved version of SHA 1 which was fragile to force attacks. The 256 number in SHA-256 stands for the hash value is 256 bits irrespective of the length of the message. The SHA-256 algorithm is applicable for Bitcoin, Bitcoin Cash, Bitcoin SV, Namecoin, Peercoin, Litecoin Cash, Gridcoin, Ixcoin, Emercoin, Crown, Terracoin, etc. Although many coins can be mined with this algorithm, the current market crash has brought an adverse situation to the industry particularly coins mined with SHA algorithms.
What are the S19XP specifications?
The specifications of the Bitmain Antminer S19 XP are as follows. The price of the miner is mentioned differently on various websites. The Cryptosupply.de website is given the 14.8K EURO which seems to be so high in comparison to the device outcome. The ASICmarketplace and the Antminerbitcoinminer website have mentioned the price at 8.9K USD which seems to be much more reasonable for purchasing. The Bitmain Antminer S19 XP profitability is 5.6K USD in a year, meaning 60 percent ROI in one year which is profitable for most investors.
Also known as S19XP, the release date of the device is in July 2022. The 195 x 290 x 400mm size and 14.5Kg weight of the device makes it proper for running a mining farm. Having four strong fans provide an effective cooling system for a 3010 W power supply unit. The 5 – 45 °C temperature, the 5 – 95 % humidity, the 75 dB noise level, and the Ethernet interface of the miner is common in the mining industry.
|Model||Antminer S19 XP (140Th)|
|Also known as||S19XP|
|Size||195 x 290 x 400mm|
|Temperature||5 – 45 °C|
|Humidity||5 – 95 %|
ASIC miner’s comparison
The Bitmain Antminer S19 XP profitability is in the 18th position of the most profitable ASIC miners with a 140 Th/s mining power and a 16USD profit per day. Above it Jasminer X4-C 1U (18 USD/day), Innosilicon A10 Pro ETH (18 USD/day), Bitmain Antminer S19 Pro+ (20 USD/day), Jasminer X4-1U (20 USD/day), Innosilicon A11 Pro ETH (55 USD/day), iBeLink BM-K1+ (60 USD/day), etc.
What is the most profitable SHA-256 ASIC miner?
Among the SHA-256 ASIC miners, the Bitmain Antminer S19 Pro+ Hyd is at the top with a daily profit of 20 USD. The Bitmain Antminer S19 XP profitability comes at the second rank with 16 USD profit per day. These two Antminers, however, are not released yet. So, the iPollo B2 with 100 TH/s mining power and daily profit of 10 USD is the real current profitable SHA-256 ASIC miner. The Bitmain Antminer S19 Pro (10 USD), the MicroBT Whatsminer M30S++ (10 USD/day), Canaan Avalonminer 1246 (6 USD/day), Bitmain Antminer T19 (6 USD/day), and many more are below S19XP in the list. As we go down through the list, we will find older miners which are still useful and profitable. For more information on this, the ASIC miner profitability ranking in 2020 article will be helpful.
The Bitmain Antminer S19 XP profitability puts the miner among the top 20 ASIC miners with an estimated salary of about 6K USD in a year which is reasonable for investing. The S10XP power consumption is 3010W with a 140 TH/s mining power. It is an appropriate choice for establishing a mining farm. Every mining server has its pros and cons. Therefore, make sure to do enough research before beginning a crypto mining business.
Why Bitcoin cloud mining?
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 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. 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. 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.