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Bitcoin Mining Hardware: What is an ASIC Bitcoin (BTC) Miner?

Bitcoin Mining Hardware: What is an ASIC Bitcoin (BTC) Miner?

Since it’s now impossible to profitably mine Bitcoin (BTC) with your computer, you’ll need specialized hardware called ASICs. Here’s what an ASIC miner looks like up closely:

The Dragonmint 16T miner

Initially, Bitcoin(BTC)’s creator intended Bitcoin(BTC) to be mined on CPUs (your laptop or desktop computer). However, Bitcoin(BTC) miners discovered they could get more hashing power from graphic cards. Graphic cards were then surpassed by ASICs (Application Specific Integrated Circuits).

Think of Bitcoin(BTC) ASIC as specialized Bitcoin(BTC) mining computers, Bitcoin(BTC) mining machines, or “Bitcoin(BTC) generators.”

Nowadays, all serious Bitcoin(BTC) mining is performed on dedicated Bitcoin(BTC) mining hardware ASICs, usually in thermally regulated data centers with low-cost electricity.

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**Bitcoin (BTC) Bitmain Antminer T17+**

Model Antminer T17+ (64Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 64Th/s for a power consumption of 3200W. Powerful performance, lower hashrate cost, so that the 7nm mining machine is at your fingertips.

Contract Details of OXBTC Mining Service: Bitcoin (BTC) Bitmain Antminer T17+

The BTC-T17+ flood season contract is based on Bitmain’s newest Antminer T17+, running by joint mining form, after users buy the contract, not only can obtain the miner’s permanent mining income but also has the corresponding miner extraction, trading rights


Name: Bitcoin(BTC)Bitmain Antminer T17+

Miner Efficiency:0.055KW/THS

Miner: Antminer T17

Maintenance fee: Depends on the actual situation


  Platform commission:Before payback 0%, after payback 30% of net income.


  Products Delivery date:2021-08-08(T+10)

  Min. order:1THS

  Profits Delivery Date: The actual settlement time of the mining pool

  Electric Fee:$0.0750/KWH

  Contract term: Perpetual

  Income Allocation

  Expected Daily Profits = 0.00000933 Bitcoin(BTC)(BTC) ($0.37)/Day

  Settlement formula:

  Electricity Price \*24H\*the Quantity of Hashrate

  Expected Daily Profits\*Commission Rate

(Expected Daily Profits-Daily Electricity Fees + Maintenance Fees) \*the Quantity of Hashrate

**Risk Warnings on cloud mining**

1\. In the actual operation of the miner, the hashrate may be insufficient due to electricity failure or machine failure, and the risk should be shared by all users who subscribe to the product.

2\. Electricity costs may fluctuate due to changes in national policies and electricity costs; OXBTC reserves the right to adjust electricity fees.

3\. OXBTC has no obligation to compensate for early termination of contracts caused by force majeure such as legal policy, war, earthquake, fire, power failure, etc.

**Mining On OXBTC**

With in-depth cooperation with many top mining machine manufacturers around the world and boasts a competitive supply chain. Relying on the abundant supply chain resources and operation experience, OXBTC has provided safe and stable services for users from more than 50 countries in the world and cooperating with miners brand like PandaMiner、AntMiner、WhatsMiner、Innosilicon.

**Cloud Mining and Mining Service on OXBTC**

For those who are unfamiliar with technology and don't like trouble, cloud mining is a perfect solution.

You don’t need to deploy the mining machine yourself. Just purchase the product online, and you can enjoy the professional services provided by OXBTC. Follow OXBTC's Crypto Investment Strategies and Get Positive Profit from Crypto Mining.

**Professional Miners Hosting Service**

Mine site selection: Areas securing the safe and stable operation preferred

Hashrate monitoring: 5 major indicators for the real-time monitoring

Power load: Stable power supply with a preferential price

Security policy: Local operational policies under prudent evaluation

Infrastructure construction: Construction projects and systems under careful investigation

Mine operation and maintenance: Mining machine repair and site maintenance

If you are interested in mining and want to learn more on how to get started, you can explore more current available mining services, you can visit OXBTC mining official site or download the OXBTC mining app.