Bitcoin Forum

Bitcoin => Mining support => Topic started by: Ronald10965 on October 27, 2021, 12:59:33 AM



Title: Antminer S19 Pro
Post by: Ronald10965 on October 27, 2021, 12:59:33 AM
Been GPU and CPU mining, looking into an ASIC. ( Antminer S9 pro perhaps ). I am extremely bullish on bitcoin and believe it will be $ 200,000 + in five years and believe $ 10,000 investment should be paid off in 1 years based on .000058 daily mining at $60K bitcoin.

1. How many years do these miners usually last ?
2. Will the Taproot upgrade make an ASIC like this obsolete or inefficient ?
3. I should have mined .5 bitcoin by 04/18/24  ( Next bitcoin halving ). Can I assume my daily .00058 BTC will diminish to .00029 BTC for the following 4 years ?
4. Will this type of miner be obsolete after the next halving on 04/18/24 ?
5. If Bitcoin reaches 100K-200K and I can mine a BTC in 5-6 years, isn't a $10K investment and $12K in electricity a no brainer investment ?

Thanks,
Ronald


Title: Re: Antminer S19 Pro
Post by: buysolar on November 12, 2021, 04:24:20 AM
Hard to say, S17's have had a very high failure rate and S19's haven't been around for very long yet.


Title: Re: Antminer S19 Pro
Post by: philipma1957 on November 12, 2021, 05:09:00 AM
Hard to say, S17's have had a very high failure rate and S19's haven't been around for very long yet.

yeah we have 17 s17 units and maybe we are down to 12-13

the 1 s19 still works


Title: Re: Antminer S19 Pro
Post by: Ronald10965 on November 12, 2021, 02:03:20 PM
Thanks for info. Are there any reputable S19 delaers other than Bitmain ?

Thanks,
Ronald


Title: Re: Antminer S19 Pro
Post by: BitMaxz on November 12, 2021, 04:20:05 PM
Thanks for info. Are there any reputable S19 delaers other than Bitmain ?

Be careful on buying s19 to any unverified distributor Bitmain only have 2 known and verified distributor that you can find here https://shop.bitmain.com/partner/distributor
And Newegg as I heard in their announcement before that Newegg is one of their distributors.

Don't use asicminervalue.com most on their list are scammed.