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How To Get Started With Crypto Mining Using Bitmain Antminers

Bitmain Antminers are mining hardware created by the Chinese company Bitmain. Bitmain was founded by Micree Zhan and Jihan Wu in 2013. Micree Zhan is a chip design expert, who together with Jihan launched Bitmain intending to focus on mining as a way to make money. Their first major product, the Antminer S1, debuted in May 2014, and it was soon followed by the S3 and S5 models, as well as their next generation Bitmain Antminer R4, Antminers S7, S9, and T9 miners.

What is Bitcoin mining?

Bitcoin mining is a process that can be done by using computer hardware or by using specialized mining software. The Bitcoin mining process makes it difficult for any individual to track their investment because the algorithm used in mining automatically changes after every 2 weeks. If you are looking for a way to get started in cryptocurrency, then you should consider buying bitcoin miners from a bitmain reseller.

Bitmain is one of the world’s largest bitcoin mining equipment manufacturers and has seen great success since its founding in 2013. They have become so successful that they have even been featured on CNBC’s show The Next Big Thing.

How to Get Started Bitcoin mining?

Many people are interested in getting into bitcoin mining and they want to know how they can get started. Buying a bitcoin miner from a bitmain reseller is one way you can invest in cryptocurrency.

Here’s how to buy bitcoin miners from a bitmain reseller:

  1.  Find out what your electricity cost per kilowatt hour will be. Keep in mind that this number is going to change depending on where you live and which plan you are signed up for. It also depends on whether or not you have solar panels installed as well as other factors like if you use an air conditioner or if you heat your home with natural gas. These costs are typically fixed, but if they vary from month to month then make sure to consider them when figuring out the average price per kilowatt hour.
  2.  Next, calculate how many kilowatt hours you’ll need per month. If you’re planning on running an Antminer 24/7, make sure that your power bill will be high enough to cover all of your electricity costs. For example, if you pay $0.12 per kWh and the machine uses 0.25 kWh per hour, then it would require 2500 kWh of power to operate continuously. You can estimate monthly expenses based on your current rates by multiplying these numbers together (2500 x $0.12). That would come out to around $300 in monthly electricity expenses alone!
  3.  Once you’ve figured out your energy usage, it’s time to find a good deal on bitmain miners. You’ll want a company that offers cheap prices and reputable hardware that won’t break down on you. Luckily, there are several great sites out there dedicated to helping you find what you need when it comes to mining rigs. Companies such as eBay, Amazon, and Alibaba offer deals on popular brands such as Avalon, Bitmain Antminer R4, S11i Litecoin Miner, and DragonMint T1. Be sure to check out more than one site before making your purchase so you don’t end up overpaying for what you need.
  4.  Purchase your equipment and then have it shipped. Many companies will charge a flat shipping rate so you don’t have to worry about calculating how much each piece of hardware weighs or how many cubic feet a package will take up. Depending on where you live, your items may arrive in days, weeks, or even months!
  5. Now that you’ve got your bitcoin mining rig, it’s time to take some steps to protect yourself against hackers. Make sure your software is updated and that you’re connecting your miner directly to a PC rather than through a network (e.g., WiFi). There are many cases where malicious software can be introduced through personal computers as well as direct connections. This could cause your machine, or all of them on your network, to go down for days or even weeks at a time.

Which Bitmain Antminer is best for crypto mining?

Bitmain offers a variety of mining rigs, from the AntMiner S9, which can mine Bitcoin at 14.5 tera hash per second, up to the AntMiner L3+, which has a hash rate of 0.5 tera hash per second.

If you want something that is easily accessible and cheap, then you might want to go for the AntMiner S1+. It’s an older model but it still does well for newer coins like Ethereum and Zcash.

The downside is, that power consumption is high, so if you’re in need of something more energy efficient, then maybe look elsewhere. But if you have money to spend and don’t mind the power usage, this might be worth checking out.

If you’re looking for a miner that supports multiple algorithms, then you might want to look at either AntMiner S7 or S9. The S9 offers mining speeds of up to 14 Tera hashes per second, so it’s significantly more powerful than any of its older siblings. With a wattage cost of 1345 watts, it’s also not as energy efficient as some other models.

AntMiner S7 costs around $500, but with its 8 Giga hashes per second speed and lower power usage (1250 watts), it might make sense if you are in the market for something cheaper. Its lower output makes this less useful for most people though.

Conclusion

Bitmain miners are an excellent choice for beginner miners. They are easy to set up and use while being affordable enough that they won’t break the bank if you decide you don’t want to stick with crypto mining. If you’re looking for a way to get started in crypto mining, we highly recommend getting a Bitmain miner.

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