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Last Update: 22:06
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Lucky Miner LV07 1TH/s Profitability
Calculate the value of your Miner LV07 1TH/s with our easy to use ASIC miner calculator!
Information
The Lucky Miner LV07 is a Bitcoin solo mining device designed with a hashing power of 1 TH/s (terahash per second). It’s primarily aimed at individual miners who prefer solo mining, giving them the opportunity to mine Bitcoin independently rather than participating in a mining pool.
Search for the Miner LV07 1TH/s on millionminer (click here).
⛏️ Income ⛏️ |
||
DAY | MONTH | YEAR |
$0.06 | $1.78 | $21.67 |
⚡ Electricity Costs ⚡ |
||
DAY | MONTH | YEAR |
$0.05 | $1.44 | $17.52 |
💰 Profit 💰 |
||
DAY | MONTH | YEAR |
$0.01 | $0.34 | $4.15 |
🍀 Solo Mining Luck (Chance to get the Block Reward) 🍀 |
||
DAY | MONTH | YEAR |
1:4,920,352 | 1:161,641 | 1:13,471 |
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₿itcoin Mining Difficulty
Progress
⏳
70.63%
Blocks Left
🔗
592
Time Left
📅
~4 d
Next Change
⛏️
-0.88%
Block Time
🕒
~10 m
⏰ The next estimated difficulty adjustment will be in ~4 days (and 3 hours), currently 592 blocks remaining (70.63% done).
⚠️ Estimated Difficulty Change coming: -0.88%.
🧊 Blocks are being produced at an average time of 10 minutes.
Information
The Lucky Miner LV07 1TH/s is currently mining $0.01 profit a day. The calculations is based on $0.06 income per day from which we deducted $0.05 electricity costs. This means the Miner LV07 1TH/s is able to generate up to $1.78 income per month. After you would deduct the electricity price of $1.44 you will have an estimated profit of $0.34 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 $132446 you would earn estimated $0.04 per day.
More Information
The Lucky Miner LV07 is compact and energy-efficient, making it suitable for home use, and it is easy to set up, often marketed for its plug-and-play functionality. This miner is a lightweight option compared to higher-end ASIC miners, making it less intimidating for those entering the solo mining space. However, with only 1 TH/s, it’s better suited for those who understand the significant luck or time involved in mining a Bitcoin block, as large-scale miners operate with significantly higher hash rates.
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.