In this post, we’ll help you calculate how many Antminer S19s would you need to mine one bitcoin every day.
Are you curious about how much an Antminer S19 can make in a day? The profitability of Bitcoin mining is influenced by various factors, including the mining hardware’s hash rate, electricity costs, and the current price of Bitcoin.
Now you need around 3278 Antminers S19 (95Th) in order to mine 1 BTC per day.
In this blog, we will explore the earnings potential of the Antminer S19 and provide insights into the factors that impact daily profitability. Whether you are a seasoned miner or considering entering the mining space, understanding the earning potential of an Antminer S19 is crucial for making informed decisions.
Table of Contents
What is Bitmain Antminer S19?
The Antminer S19 is the entry-level model of Bitmain’s 19-series of ASICs, which were the first to use chips manufactured using the 5nm process and had a power efficiency of as low as 23J/TH. The circuit architecture is improved, greatly increasing power efficiency, to achieve this. Antminer S19 has a hash rate of 95TH/s and a power consumption of 3250w. The Bitmain Antminer S19 series ranked first in the Bitcoin mining machine rankings, replacing the previous Antminer S17 (67 TH/s) and Antminer T17 (55 TH/s).
Antminer S19, Antminer S19 XP, Antminer S19j Pro, Antminer S19 Hydro, and other models are part of Bitmain’s Antminer S19 series of mining equipment. The Antminer S19 (95Th) is the primary topic of discussion in this article.
Antminer S19 (95Th) demonstrates the following characteristics:
- Supported Algorithm: SHA-256
- Hash rate: 95 TH/s
- Power Consumption: 3250W
- Dimensions: 400mm/195.5mm/290mm
- Weight: 14.4 kg
- Noise level: 82 DB
How Much Power Does It Take to Mine a Bitcoin?
What kind of power is required to mine a bitcoin? In this assessment we find that an average of 143,000 kWh of energy is required to produce one bitcoin. Data from pertinent ASIC models, network size, and current miner profitability are used in our method to determine how much energy is required to mine a bitcoin.
We also calculate the bitcoin production rate and use it to find how much energy the entire network consumes. We discover that Bitcoin’s network uses an average of 128,248 MWh, or 128 GWh of electricity per day in order to produce 900 bitcoin. But as hash rate size and other variables change, so does this estimate.
Find out why we think Bitcoin is being blamed for its energy consumption in our final note on the future network growth and energy demand of Bitcoin. Further, find out why we believe hash rate growth may be slowing and is not linear.
ASIC Energy Consumption Per Bitcoin
The best ASIC miner available right now is Bitmain’s Antminer S19 Pro 110 terahash per second (TH/s). Several hundred TSMC 7nm microprocessor chips are housed in this particular model. With a 29.5 W/TH efficiency, it uses 3250 watts (W) of power per hour. But, one machine alone takes about 3 years to produce one bitcoin.
The amount of energy used by the network as a whole, rather than just one unit, is what we need to take into account in order to calculate how much power is required to mine a bitcoin.
How Much Power Does It Take to Mine a Bitcoin With S19 Pros?
According to mining pool data it takes about 122,000 TH/s over twenty-four hours to create ~1 bitcoin at today’s BTC price, network size, and difficulty level.
And we can calculate that 1,109 S19 Pros running at 110 TH/s each translate to 122,000 TH/s. Therefore, we multiply the number of machines by their kilowatt (kW) specification over a single day of mining to determine how much energy these 1,109 ASICs require.
1,109 S19s * 3.25 kW * 24 hours = 86,509 kilowatt hours (kWh)
Hence, it requires 86,509 kWh to produce one bitcoin with This is equivalent to 86.5 megawatt-hours (MWh) or 0.0865 gigawatt-hours (GWh). Click here to learn more about converting electricity units.
However, other, less effective machines exist in the Bitcoin network in addition to S19 Pros. The actual power required to produce one bitcoin is therefore a little bit higher than what was initially predicted.
How Much Power Does It Take to Mine a Bitcoin Per Antminer S19 Model?
We list the S19 series hardware’s most popular model name, terahash, kilowatt, and efficiency specifications below. Additionally, we determine how many S19s are needed to hash 122,000 TH/s, or one BTC. Finally, we multiply the number of ASICs required to mine one bitcoin by the kW specification over a 24-hour period. This provides the estimated kWh per BTC for each miner type.
|Model||TH/s||kW||Eff.||# ASICs to mine a BTC||kWh/BTC|
|Antminer S19j Pro||100||3.050||30.5||1,220||89,304|
|Antminer S19 Pro||110||3.250||29.5||1,109||86,509|
How Many Bitcoins Per Month Will the Antminer S19 Produce?
According to today’s market estimates (Feb 23, 2023), the current price of Bitcoin is: $24,171.01, the Bitmain Antminer S19 (95Th) can mine 0.00030504. It can produce 0.0091512 BTC per month, or 0.004 BTC per 24 hours.
But you should be aware that difficulty is increasing. Depending on the pool you’re in, you might occasionally be able to find blocks more quickly and earn more money.
How Many Antminer S19s Would I Need to Mine One Bitcoin Every Day?
Antiminer S19 operates at 95 TH/s.
95TH/s currently allows for the mining of 0.00030504 BTC per day, according to Mining Calculator.
You will therefore need 3278 Antminers S19 (95Th) in order to mine 1 BTC per day. and a power supply that is greater than 10.6 MegaWatt.
How Much Does An Antminer S19 Make a Day?
The daily earnings of an Antminer S19 can vary depending on several factors, including the current Bitcoin price, mining difficulty, electricity costs, and operational efficiency.According to today's market estimates (Dec 03, 2023), the current price of Bitcoin is: $39,418.33, the Bitmain Antminer S19 (95Th) can mine 0.00017576 BTC per 24 hours, which is a profit of $2.25 per 24 hours if the electricity cost is 6 cents/kwH.
However, it’s important to note that cryptocurrency mining profitability is subject to market fluctuations and individual mining setups.
Is Bitcoin Mining Still Profitable In 2023?
Yes, bitcoin mining with ASICs can still be a source of significant profit in 2022. The amount you make will depend on your hardware and the cost of electricity where you live, but ASIC miners are still your best option to reach Bitcoin mining success.
If you mine one Bitcoin today – valued at a price of [46,688] – but it costs you $50,000 in electrical bills to do it, that would not be ideal. Although there are some exceptions around the US and Canada, typical residential electricity rates are simply too expensive to mine profitably. However, this is why we offer services like Managed Mining which allow you to take advantage of our cheap electricity and operational expertise by hosting your bitcoin miners with us.
Ultimately, whether you prefer being a DIY home miner or using our white glove hosting service, you’ll need to understand which ASIC miner is right for you to achieve the best ratio of hashrate to electrical cost.
In conclusion, the daily earnings of an Antminer S19 can vary based on several factors, including the current price of Bitcoin, mining difficulty, electricity costs, and operational efficiency. While the specific earning potential may fluctuate, Bitcoin mining can still be a profitable venture with the right equipment and mining setup. It’s important to carefully consider all the factors involved, such as hardware costs, electricity expenses, and market conditions, to calculate and optimize your mining profitability. As the Bitcoin market evolves, staying informed and adapting your mining strategy will be key to achieving consistent and sustainable earnings with your Antminer S19.
How Much Does Antminer S19 Pro Earn Per Day?
How Much Can An Antminer Make in a Day?
The daily earnings of an Antminer can vary depending on factors such as the specific model, mining difficulty, electricity costs, and the current price of the mined cryptocurrency. For example, an Antminer S19 XP Hyd (255Th), one of the more powerful mining rigs, can generate an estimated profit of around $10 per day mining Bitcoin, considering an average electricity cost and current market conditions. However, it’s important to note that cryptocurrency mining profitability is subject to market volatility and can change over time. It’s recommended to regularly monitor mining performance and adjust strategies accordingly.
How Much Power Does S19 Pro Consume Per Day?
What is the Lifespan of Antminer S19?
Good equipment that is used in well-run facilities can last for many years. Even longer periods of time aren’t unheard of, but the typical machine lifespan is three to five years. The Bitmain Antminer S19 Pro, the newest antminer, has a predicted lifespan of more than five years.
What is the ROI on S19 Miner?
The return on investment (ROI) for an Antminer S19 miner can vary based on several factors, including the purchase cost of the miner, mining difficulty, electricity costs, and the current price of the mined cryptocurrency. As mining profitability fluctuates, it is challenging to provide an exact ROI figure. However, generally speaking, it is common for miners to aim for a return on investment within 6 to 12 months. Keep in mind that ROI calculations are estimates and can be influenced by various market conditions. It’s important to do thorough research, consider all costs and factors involved, and regularly monitor mining performance to evaluate the ROI of an Antminer S19 miner accurately.