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Crew Member Killed on Set of 50 Cent’s ‘Power’ Series

December 11, 2018 |

A crew member on the Brooklyn set of a television series starring rapper 50 Cent was killed during production early Monday. Per TMZ , production assistant Pedro Jimenez was struck by an out-of-control SUV while setting up parking cones on the set of the Starz series Power . Jimenez was 63 and…
Newser

Macron’s compromises fail to subside France’s anger: Yellow-vested populists hoped he would quit

December 11, 2018 |

French President Emmanuel Macron tried to reassert control over a nation wracked by increasingly violent protests with offers of tax relief for struggling workers and pensioners — and an exceptional admission Monday that “I might have hurt people with my words.” It may not be enough.
FOX News

Sarah Hyland Reveals Second Kidney Transplant

December 10, 2018 |

Sarah Hyland has mentioned her health struggles , including a kidney transplant she underwent in 2012, but in a new interview with Self the Modern Family actress really opens up. She reveals she underwent a second transplant and multiple other surgeries over the past year and a half—and that before…
Newser

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

December 10, 2018 |

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet.

Also read: Federal Agents Told This Silk Road Moderator to Fake His Own Death  

The Five Profitable Mining Rigs

Digital asset prices have seen better days as cryptocurrency markets throughout the entire 2018 calendar year have been riding a long bearish trend. Many coins with the SHA-256 mining algorithm such as bitcoin cash (BCH), bitcoin core (BTC), and peercoin (PPC) have lost considerable value. Because cryptocurrency prices are so low, many mining devices announced this year are failing to bring a profit and some machines cannot be purchased on the open market. According to real-time statistics from Asicminervalue.com at the time of publication, only five mining devices make a profit and two machines are not yet available on the market. The data website uses a combination of electrical costs, current network difficulty, block reward, and exchange rates to figure out whether or not certain ASIC machines are profitable.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Machines With Significant Terrahash Pull Small Profits

The most profitable machines on Monday, Dec. 10, 2018, three weeks before the new year, are manufactured by the corporations Ebang, Asicminer, Innosilicon, and Bitmain. The Ebang Ebit E11++ is currently the most profitable mining device on the market with 44 terrahash per second (TH/s) and it consumes 1,980W. The Ebang mining rig priced at $ 2,500 makes about $ 1.39 per day profit with current BTC prices. The E11++ is currently available on the open market from two companies but one vendor is only taking pre-order right now. The Asicminer 8 Nano is another machine that processes 44TH/s but pulls 2,100W from the wall. The machine created by Asicminer was launched in October and pulls a profitability of about $ 1.02 per day, at the time of writing. The company’s 8 Nano is available for purchase through the Canadian dealer Mining Cave for $ 2,045.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Then there’s the new Innosilicon T3 model, which also claims to boast roughly 43TH/s but the rig is not available to the public just yet. The T3 will be released in January 2019, according to the company, at a price of $ 2,500 per machine. With current market statistics, this gives the T3 a profitability of about $ 0.84 per day for a machine you cannot obtain. The next most profitable miner, Asicminer 8 Nano Pro, is obtainable according to Asicminervalue. The Nano Pro claims to process a whopping 76TH/s but consumes over 4,000W in electricity. These metrics make the $ 11,600 machine only profitable by $ 0.59 per day. Lastly, Bitmain contends the Antminer S15 machine produces about 28TH/s, pulling 1,596W from the wall, giving the device a profitability of $ 0.27 every 24 hours.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Operating at a Loss

Many other machines that were announced this year are not showing profits and consume more energy cost if the companies continue to operate them. GMO’s B2 and B3, which boast 24-33TH/s, can lose between $ 1.90-4.98 per day at current BTC prices. The infamous Halong Mining Dragonmint T1 model sees a loss of around $ 1.87 per day.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Innosilicon’s previous models, besides the unobtainable T3, are all seeing losses at the time of publication. The top four Whatsminer models (M10, M10s, M3, and M3X) lose $ 1-4.25 every 24 hours, according to the statistics. A large variety of SHA-256 Bitmain models, including the S9, R4, S11, and many other series, are unprofitable. The Canaan Avalon series is in the same boat as the 841, 821, and 921, losing about $ 1.69-1.86 per day with current BTC prices at $ 3,500 per coin.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Bearish SHA-256 algorithm coin prices have affected network hashrate considerably over the last few months. For instance, the bitcoin core (BTC) hashrate touched 61 exahash per second (EH/s) during the last week of August, but this month the BTC hashrate is only 35 EH/s. However, there may be many facilities which are still making a profit with older machines if their electric cost is highly subsidized or nearly free.

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Many flashy machines announced this year have touted 7 and 10 nm chips and much bigger processing power, but cryptocurrency market prices have made it so only a few machines are profitable. But if markets push higher again turning from a bearish-to-bullish trend, then a great majority of the newly released 2018 mining rigs should become profitable again.

What do you think about these mining rigs and their profitability rates with current prices? Let us know what you think about this subject in the comments section below.

Disclaimer: Bitcoin.com does not endorse these products/services. Readers should do their own due diligence before taking any actions related to the mentioned companies or any of its affiliates or services. This editorial is intended for informational purposes only. Bitcoin.com and the author are not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


Images via Shutterstock, Ebang, Asicminer Nano, Bitmain, and Asicvalue.com.


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The post Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December appeared first on Bitcoin News.

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CNN

‘I can’t breathe.’ Jamal Khashoggi’s last words disclosed in transcript, source says

December 10, 2018 |

“I can’t breathe.” These were the final words uttered by Jamal Khashoggi after he was set upon by a Saudi hit squad at the country’s consulate in Istanbul, according to a source briefed on the investigation into the killing of the Washington Post columnist.
CNN.com – RSS Channel – World

TMZ

Thomas Markle Did Tell-All Interview to Clear His Name, Not Bash Meghan

December 10, 2018 |

Meghan Markle’s dad is catching flak for bringing up his daughter in a new interview — but the tell-all was aimed at clearing his name, and not tarnishing hers … TMZ has learned. Friends of Thomas Markle tell us the interview he did…

TMZ.com

GoPro will move some manufacturing out of China to avoid tariffs — but it’s not promising U.S. jobs

December 10, 2018 |

GoPro Inc. will move most of its U.S.-bound camera production out of China by summer, becoming one of the first brand-name electronics makers to take such action to minimize the impact of the U.S.-China trade war.

“Today’s geopolitical business environment requires agility,” GoPro Chief Financial…


L.A. Times – Business

Election of Merkel Ally Defuses Threat to Her Authority, for Now

December 10, 2018 |

Angela Merkel bowed out of party politics as her conservatives elected a close ally of the chancellor to succeed her as head of her party, beginning what could be a protracted twilight for one of Europe’s most resilient leaders.
WSJ.com: What’s News Europe

5 Richest Counties in US Have Something in Common

December 10, 2018 |

New numbers from the US census show that the median household income for counties around the nation is $ 57,652, reports US News & World Report . Some counties, however, do far better than others. Witness the top five, which share a common trait: They’re all around the DC area: Loudoun…
Newser

US Stocks End Bumpy Day Slightly Higher

December 10, 2018 |

Stocks ended another bumpy day slightly higher as gains by big technology companies helped the market erase an early plunge, the AP reports. Facebook added 3.2% and Microsoft rose 2.6% Monday. Chipmaker Qualcomm rose 2.2% after a Chinese court banned some Apple phones as part of a…
Newser