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I’d love to contribute hash power to the network
This device has essentially the same specs as an Antminer S9 from 2017 (i.e., 1,400W for 14 TH/s).
If all bitcoin mining was done with this, it would take nearly 20,000,000 of them to equate to today's roughly 270 EH/s. So you spending $1,149 + $69 shipping on this would be contributing 1/20,000,000th (or 0.000005%) of the global hashrate, today.
But you buying this likely won't be adding to the total hash power of the bitcoin mining network. You will likely instead be displacing some marginal miner who is determining whether or not to exit based on the difficulty.
If you instead put that $1,149 + $69 shipping buying bitcoin instead, that will actually help the cause working towards where that marginal miner might be able to remain mining.
Anyway, here's the main concern I have as well. There's a reason an S9 is loud. Those fans have to evacuate the heat produced from consuming 1,400W. How is this device evacuating that heat without the high volume (loud) fans? By using an enormous sound-dampening housing.
Here's a Tweet that kicks off a Twitter thread that helps explain further issues:
I can’t recommend it off this.
Don’t spend $1200 on an Antminer S9 with a housing — I can sell you an asic that earns 5x more BTC + is more efficient for about the same price.
Unless you’re not capable of doing ANY tinkering/DIY tasks.
To each their own…but I wouldnt.
It may be possible to instead use a cheap ASIC rig, but use fans that can reduce fan speeds, and then customize the power outputs to make it silent (or nearly so).
It's just a concept but how can you not love it 🥰
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