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Bitmain Antminer S3 Profitability
Calculate the value of your Antminer S3 with our easy to use ASIC miner calculator!
Information
The Bitmain Antminer S3, an early pioneer in SHA-256 mining, offers 478Gh/s at 366W, known for its durability and a noise level of 60db, marking the beginnings of efficient mining.
Search for the Antminer S3 on millionminer (click here).
⛏️ Income ⛏️ |
||
DAY | MONTH | YEAR |
$0.02 | $0.62 | $7.53 |
⚡ Electricity Costs ⚡ |
||
DAY | MONTH | YEAR |
$0.70 | $21.08 | $256.49 |
💰 Profit 💰 |
||
DAY | MONTH | YEAR |
$-0.68 | $-20.46 | $-248.97 |
🍀 Solo Mining Luck (Chance to get the Block Reward) 🍀 |
||
DAY | MONTH | YEAR |
1:0 | 1:0 | 1:0 |
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₿itcoin Mining Difficulty
Progress
⏳
80.21%
Blocks Left
🔗
399
Time Left
📅
~2 d
Next Change
⛏️
3.52%
Block Time
🕒
~9 m
⏰ The next estimated difficulty adjustment will be in ~2 days (and 16 hours), currently 399 blocks remaining (80.21% done).
⚠️ Estimated Difficulty Change coming: 3.52%.
🧊 Blocks are being produced at an average time of 9 minutes.
Information
The Bitmain Antminer S3 is currently mining $-0.68 profit a day. The calculations is based on $0.02 income per day from which we deducted $0.70 electricity costs. This means the Antminer S3 is able to generate up to $0.62 income per month. After you would deduct the electricity price of $21.08 you will have an estimated profit of $-20.46 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 $94314 you would earn estimated $-0.67 per day.
More Information
The Bitmain Antminer S3 features two Bitmain BM1382 ASIC mining chips and benefits from advanced air-cooling methods, utilizing two 12V, 0.6A fans for thermal regulation. Notably, the S3 employs a Cgminer-based software with a controllable frequency range of 206-256 MHz, providing miners with fine-tuning capabilities for optimal performance. The device also initially introduced a built-in web interface for easier management, negating the need for external software setups. Its firmware includes overclocking options and stability enhancements, allowing for occasional performance pushes beyond the standard hash rate. The hardware's robustness ensured substantial lifespan under constant operational conditions, securing its place in the early Bitcoin mining market.
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.