16Th/s
1480W
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Halong Mining DragonMint T1 DragonMint 16T Profitability
Calculate the value of your Mining DragonMint T1 DragonMint 16T with our easy to use asic miner calculator!
Information
Halong Mining DragonMint T1, with 16Th/s for SHA-256 at 1480W, marked a significant advancement in mining efficiency. Its operation at a noise level of 75db made it a popular choice among miners seeking a balance between performance and environmental impact.
Search for the Mining DragonMint T1 DragonMint 16T on millionminer (click here).
⛏️ Income ⛏️ |
||
| DAY | MONTH | YEAR |
| $0.89 | $26.83 | $326.38 |
⚡ Electricity Costs ⚡ |
||
| DAY | MONTH | YEAR |
| $2.84 | $85.25 | $1,037.18 |
💰 Profit 💰 |
||
| DAY | MONTH | YEAR |
| $-1.95 | $-58.42 | $-710.80 |
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₿itcoin Mining Difficulty
Progress
⏳
59.23%
Blocks Left
🔗
822
Time Left
📅
~6 d
Next Change
⛏️
-6.30%
Block Time
🕒
~10 m
⏰The next estimated difficulty adjustment will be in ~6 days (and 2 hours), currently 822 blocks remaining (59.23% done).
⚠️Estimated Difficulty Change coming: -6.30%.
🧊Blocks are being produced at an average time of 10 minutes.
Information
The Halong Mining DragonMint T1 DragonMint 16T is currently mining $-1.95 profit a day. The calculations is based on $0.89 income per day from which we deducted $2.84 elecricity costs. This means the Mining DragonMint T1 DragonMint 16T is able to generate up to $26.83 income per month. After you would deduct the electricity price of $85.25 you will have an estimated profit of $-58.42 per month.
Hint: With our Hosting Plans you will only pay around 0.08 USD per kWh.
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If the BTC price reaches $94397 you would earn estimated $-1.50 per day.
More Information
The DragonMint T1's ASIC design utilizes the DM8575 chip, which is known for its energy efficiency and computational prowess, allowing it to achieve a notable 93 Joules per Terahash (J/TH) performance. This efficiency was a revolutionary step beyond its predecessors, drastically lowering operational costs. The DragonMint T1 also incorporated innovative cooling solutions with dual-fan setups to maintain optimal thermal conditions, ensuring sustained high performance. The inclusion of a sophisticated firmware allowed for customizable settings, enabling miners to fine-tune performance and power consumption. It also featured robust security protocols, including firmware signing and encrypted algorithms, to safeguard against malicious firmware attacks.
Algorithm Information: SHA-256
SHA256 is a cryptographic hash algorithm that was initially designed by the NSA. One of the key features of the SHA256 algorithm is its collision-resistance, which means that it is extremely difficult to find two inputs that produce the same hash output. This makes it ideal for use in cryptocurrencies, as it helps to ensure the security and integrity of the blockchain by preventing malicious actors from tampering with transactions. SHA256 is also used as the proof-of-work mechanism in Bitcoin mining, where it is used to determine the computational effort required to add a new block to the blockchain. Miners compete to solve the SHA256 hash puzzle and the first miner to solve it is rewarded with newly minted bitcoins. In summary, the SHA256 algorithm is important for its security, integrity, and its use in cryptocurrency mining, making it a crucial part of the digital world.