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What is the configuration of 1t hashrate (how much does 1t hashrate cost)?

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The configuration of 1t hashrate, according to OKEx market display, is a type of

What is the configuration of 1t hashrate (how much does 1t hashrate cost)?

The configuration of 1t hashrate, according to OKEx market display, is a type of mining hardware configuration. It increases the hash rate (1MH/s) by using 1T. 1Th=0.006EH/S; 1th*12M (≈0.015MM), each unit is approximately 3PH/s.

Specifically, in order to maintain sufficient hash rate in the Bitcoin network and perform efficient calculations, it is necessary to set up 10-15 validator nodes and 30-60 block producers. Therefore, if you want to have a deeper understanding of the authenticity of the network’s hashrate, it is recommended to connect the devices to a group of data centers for inspection to ensure their operational safety. How does a 2t mining machine work?

What is the operation principle of a 1t mining machine? The maintenance cycle of a 2t mining machine includes three stages: 1. At the beginning: Activate the pre-storage function of the machine; 2. After the startup is completed: Enter the operation interface of the software; 3. Prepare the main server (i.e. mining pool); 4. Backup modules in the system (such as CPU or GPU).

How much does 1t hashrate cost?

Editor’s note: This article is sourced from Odaily Planet Daily and is authorized for reproduction.

According to OKEx data, the current price of 1t hashrate has reached 5 RMB (over 40 million yuan), compared to around 2.88 RMB on June 19th, with an increase of over 130%. The quotation for a 2t mining equipment is 0.8 RMB (1T) or $150,000 (including): including Antminer S9, Innosilicon A10s, Bitmain E11Pro, etc. If calculated at the price of Bitcoin, the machine is worth about $38,000 (converted into RMB).

Compared to that, buying a 1t Bitcoin mining machine for less than $10,000 would cost about 200 yuan, while the cost of a 1t mining machine can be negligible; therefore, for investors considering buying a 1t Bitcoin mining machine, it is recommended to first refer to the difference between 1t Bitcoin and 1tBTC.

Comparing to 1t currency, calculated according to 1 USD, we can get the cost of 1t Bitcoin = 20 yuan × 100 U, which means this unit is equivalent to 30 Bitcoins or the price of 1 Bitcoin. So we can see that the cost of 1t currency has already reached 50 yuan, but the price of 1000 1t Bitcoins is far from enough to pay for the expenses of miners. Then how much can 1t Bitcoin be sold for? According to the current market situation, the average electricity cost for 1T is much cheaper. The handling fee for 1T mining machine is 0.0035 yuan per kilowatt-hour, but if solely using 1T hashrate, it means higher costs. Currently, it consumes 150W/day (i.e., 60M). Of course, if you have idle electricity, such as during the recent big drop in Bitcoin, your income may be much lower. However, some people also believe that the price of 1t Bitcoin should be more stable. (As shown in the figure)

Furthermore, from the recent market performance, with the upcoming Bitcoin halving and the rise of mainstream cryptocurrencies, Ethereum 2.0 upgrade will also bring more imagination to users. Since July of this year, the market value of ETH has grown rapidly, surpassing 60 billion USD and reaching close to 140 billion USD. At the same time, the total trading volume of Ethereum has also been steadily increasing. As of the time of writing, the circulating supply of Ethereum is 3.2 billion.

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