In 2023, is it suitable to use miners to mine or buy coins? In recent years, with the increasing popularity of blockchain technology and the rapid development of digital currency, more and more people have joined the team of mining and buying of coins. In 2023, for most people, choosing to use a miner to mine or buy coins will be a critical decision. Advantages and disadvantages of miners High power consumption, high cost, and high technical requirements are the salient features of miners' mining. But at the same time, miners also have a stable income from mining and have the advantage of controlling the speed of block verification. Here are a few viable Bitcoin miners and their profitability in 2023. Antminer S19 Pro is a miner produced by Bitmain , which is very popular in the market. It is equipped with 114 BM1398 ASIC chips , which can achieve a faster and more stable mining experience. It is estimated that the average daily income of this type of miner in 2023 will exceed 120
How to choose a miner to get the most profit? The first thing a miner friend mines is how to choose the right miner rig. This involves several issues: When to buy miners, what price, and what type of miners. When to buy miners Bitcoin has an apparent bull-bear cycle. Buying miners is like buying coins. The timing of entry is essential. Miners' prices are often inflated when buying miners at the bull market's top. For example, the Antminer S9 was even sold at the end of 2017. Around $4,800. At this time, once you encounter a slump in the bear market, the payback will be indefinite. But if you buy miners when the bears are turning bulls, you can not only buy cheap miners, even miners whose cost prices have fallen below the cost. When the currency price rises in the subsequent bull market, the miners' income increases sharply, the payback time will be rapidly shortened, and the miner rigs' price will also increase. The price of Antminer S9 plummeted with the big bear mark