According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited.
18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s Bitcoin Exchange Rates
The average hashrate of the Bitcoin blockchain over the last 2,016 blocks stands at approximately 353.9 exahash per second (EH/s) at present. In an impressive feat this month, on May 2, 2023, at block height 787,895, the network reached an unprecedented peak of 491.15 EH/s. Meanwhile, the price of bitcoin (BTC) has been steadily hovering slightly below the $27K mark. Real-time mining rig data gathered from asicminervalue.com reveals that there are 18 profitable SHA-256 ASIC miners in operation using current BTC exchange rates.
Given the present value of BTC and the rapi
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