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The most profitable Bitcoin ASIC costs $20,000, double that of ALPH.
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ALPH’s most profitable Mining rig also surpasses those of DOGE, KAS and LTC.
Bitcoin is the largest crypto asset in the world, and its security and global distribution is unmatched in the world of cryptocurrencies. However, Bitcoin mining is not going through the best possible moment; and miners are looking for alternative ways to make their computing power profitable.
In this context, Alephium emerges, an emerging network and token that promises greater energy efficiency than Bitcoin thanks to a more “modern” consensus algorithm.
In this article, we will make a comparison between the costs, benefits and challenges of mining both cryptocurrencies: BTC and ALPH.
The data: these are the three most profitable ALPH teams
Currently, the ALPH Cryptocurrency, a native token of the Alephium first-layer network, has three ASICs (application-specific integrated circuits) intended for mining, which generate daily net profits of $25. Two other teams, up to 23 and 22 dollars.
At the time of writing, the Alephium token is trading at $1.17 per unit; On September 30, its price was $1.33. Meanwhile, the team that produces the highest income reaches a figure of almost 12 dollars a day net.
At first glance, then, mining the Alephium network cryptocurrency appears to be more profitable than bitcoin, at least for now.
Initially, ALPH’s most profitable mining equipment is the Bitmain Antminer AL1 PRO, launched on the market in August 2024. It has a processing power of 16.60 TH/s (terahashes per second) and an electrical consumption of 3730 watts. This equipment produces an estimated profit of 25 dollars a day net and the purchase price of this equipment is $9,800.
The most profitable piece of equipment currently available from ALPH is valued at $9,800. Fountain: apextomining.
Secondly, the Bitmain Antminer AL1, also from August, has a processing power of 15.60 TH/s (terahashes per second) to mine ALPH. Its electrical consumption is 3,510 watts and it generates daily income of $23 net. The purchase price of this mining equipment is $9,500 at the moment.
And thirdly, the Iceriver AL3 mining rig, released in October, has a hash rate of 15.00 TH/s (terahashes per second) and a power consumption of 3500 watts mining ALPH. The remuneration of this ASIC is estimated at 22 dollars a day net. This ASIC has a value of 10,000 dollars.
The data: these are the most profitable Bitcoin miners
Among the most profitable Bitcoin mining ASICs is the Bitmain Antminer S21E XP Hyd 3U (November 2024). This has a hash power of 860.00 Th/s (terahashes per second) and an electrical consumption of 11180 watts.
The profits it offers are around 12 dollars a day net. This ASIC is priced at 20,000 dollars.
The Bitmain Antminer S21 XP Hydro BTC mining rig is worth $20,000. Fountain: apextomining.
Next, the Bitmain Antminer S21 XP Hydro (September 2024) has a hash rate of 473.00 Th/s (terahashes per second) and a consumption of 5676 watts. It provides daily income of almost 8 dollars net. The purchase of this ASIC has a cost of $11,500at the time of this writing.
Finally, the Bitmain Antminer S21 Hydro (April 2024), with a computing power of 335.00 Th/s (terahashes per second) and a consumption of 5360 watts, produces $2 per day in net profits. If a user would like to purchase one of these mining equipment, they will have to pay around 6,000 dollars.
The conclusion: which mining teams have an advantage
The ASICs of Bitcoin They are more powerful machines and adapted to higher hashrate demands, typical of a more complex network with larger participants; However, their electrical consumption (measured in watts) is, at best, almost identical, and at worst, almost double that consumed by ALPH mining equipment.
Although ASICs for different cryptocurrencies may have similar electrical consumption, the efficiency with which they convert that energy into processing power can vary. In efficiency, Alephium mining uses 1/8 of the consumption used to mine Bitcoinaccording to Alephium’s technical documents.
In a context where profit margins in the Bitcoin mining have narrowed due to the increase in mining difficulty and the increase in production costs of Bitcoin, the difference in performance and energy efficiency in favor of ALPH makes its ASICs a more profitable alternativeat least temporarily.
In addition, another incentive in favor of ALPH mining is that mining this currency requires a more accessible initial investment. For example, buying the most profitable BTC miner today costs about $20,000, and today generates almost half the profit of the most profitable ALPH ASIC. The difference between the prices of one and the other implies a much longer delay in recovering that investment.
However, the momentary profitability of these equipment in ALPH mining would not represent a sustained advantage over the network of Bitcoinwhose mass adoption and security continue to position it as the industry standard in the field of cryptocurrency mining. Recovering the investment of a bitcoin mining machine is a matter of time and patience, meanwhile, obtaining the return on an Alephium ASIC involves more uncertainty, even if it is a faster process.
Most profitable ALPH miners vs. ASICs of other cryptocurrencies
According to the Whattomine site, the three ASICs manufactured for Alephium mining rank among the top 5 of all specialized equipment for this task (the ASIC that leads the net profit measurements is 3 dollars above the most profitable ALPH one) .
That is to say, the three ALPH ASICs are more profitable today than the vast majority of mining equipment intended for the most mined cryptocurrencies today, such as Dogecoin, Kaspa, Litecoin, Fractal Bitcoin (FB) and Ethereum Classic (ETC). ), among others.
For example, the most profitable DOGE mining equipment currently, the Bitmain Antminer L9, provides net income of $23, ranking 2 dollars a day below the most profitable ALPH.
Regarding the most profitable ASICs from FB and ETC, the difference in relation to the Bitmain Antminer AL1 PRO is 10 and 11 dollars per day net, respectively, in favor of the ALPH miner.
Finally, the most profitable mining equipment for cryptocurrency KAScurrently leaves the miners a net profit of almost 5 dollars a day, while that of LTCaccording to Whattomine, lost $0.49 in the last 24 hours.
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