BITMAIN Just Announced Their New 7nm Miners: Antminer S15 & T15. Overview, Hashrate & Profitability
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submitted by /u/SummerBolt [link] [comments] |
Source: https://www.reddit.com/r/btc/.rss?format=xml
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Just a reminder that if the 4 exahash that came online on Bitcoin.com is the new 7 nm miners, well they are using less power for the same hashrate which changes the profitability calculation. It allows them to mine longer at a loss then SV miners who don’t have 7nm miners.
Audience question: "Why are the miners still supporting Bitcoin Core? Is it just a short term profitability play?" Jihan Wu: "Yes, exactly."
More miners mining BCH instead of BTC despite lower profitability. Is Bitmain finally jumping into BCH hash-war?
Its now almost 40% more profitable to mine BTC. Miners are leaving BCH network giving CSW more power.
Jihan Wu (Bitmain CEO) answers "Yes, exactly" when asked "Why are miners still supporting Bitcoin Core, is that a short-term profitability play?" (52:46)
Miners defying profitability?
