Bitcoin's lower price and mining difficulty rise has put a squeeze on bitcoin mining profits during the last seven days.
. Two weeks ago, these two mining devices were getting $13-16 per day in profits, and two weeks before that, profits were up to $25 per day per machine.
Following Microbt’s M30S++ machine, are three models from Bitmain stemming from the S19j series, which process between 96 to 104 TH/s. These three models make an estimated $8.23 to $8.91 per day in profit. The sixth most profitable mining rig today is Microbt’s Whatsminer M30S+, which processes around 100 terahash per second.
The M30S+ pulls around 3400W of electricity off the wall and with electricity rates at $0.12 per kWh and currentexchange rates, the mining rig can profit by $7.28 per day. A great number of older bitcoin mining machines, with less than 28 TH/s in processing power, are having a hard time grabbing profits unless the electricity rates are lower than $0.12 per kWh.
This means that older generation units, like the well known Bitmain S9, are far less profitable today than they were when
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