Last Updated on July 14, 2020 by cryptocreed
Mining Bitcoin is what most crypto lovers like to do. Mining was the easiest way to earn Bitcoin before 2014 – 15 but since days are passing mining difficulty is also increased.
It was possible to mine Bitcoin or any other cryptocurrency using your Computer but since difficulties are raising you need to mine Bitcoin using hardware (ASIC mining).
Making a profit from bitcoin mining is dependent on various factors. The factors like Electricity cost, Government Laws, Place, Weather, and much more.
This post is going a bit longer as we are going to talk about bitcoin mining with Antminer S9 in step by step.
The Bitcoin price is really unpredictable, all those so-called investors, influencers, entrepreneurs, and experts are saying that the price of bitcoin will reach $100,000 per Bitcoin or it will go deep down to $1000 per BTC are just trying to manipulate the market.
For the last 5 years, I saw many coins and what I actually feel that the price of Bitcoin or any other cryptocurrency depends on the project, government (country), team efforts (not in case of bitcoin, everyone is a team member), and big economy disaster.
The current rate of Bitcoin is $9210. I have added a bitcoin price tracker widget on the right side os this page.
You can check the Bitcoin price here.
About Bitmain Company
Bitmain is a Beijing, China-based semiconductor company. Their official name is “Bitmain Technology Holding Company”. It was founded in the year 2013 and since it opened its centers in countries like Singapore, Hong Kong, and the USA.
About Bitmain Antminer S9
Bitmain Antminer S9 is considered one of the best and finest bitcoin mining hardware in the market.
Bitmain Antminer s9 price
Currently, there is no S9 hardware in stock on Bitmain’s official site. And even if it is available on the official site, I recommend purchasing from sites like Amazon or eBay. Because you get the same thing at a low cost and easily.
On Amazon, you can purchase Antminer S9 for 700 to 900 USD plus shipping and custom charge. So the total cost will be around 900$ to 1200$. Still, this is not total cost because you need some more components to run S9. You will get to know about that later in this post.
Must read reviews before purchasing any product.
Bitmain Antminer s9 Power Consumption
Electricity cost is the main problem for miners but if you are a Chinese (yeah you are living in China) then electricity cost may not harm you. S9 is suitable with less power consumption.
The power consumption of S9 is 1375watt (between 1300 to 1400W) and uses 0.1 Joules per Gigahash. It is said that Antminer S9 is 2.5x more productive than Antminer S7.
16NM Chip (Nanometer Technology)
16nm fabrication is used in the manufacturing of Antminer S9. This chip is the upgraded version of the 28 nm design. The more semiconductors are getting small the more efficiently it is getting used in S9. It helps in decreasing the consumption of electricity.
Noise and Cooling
S9 is very noisy. It is always recommended to put your S9 in a separate place. If you are planning to set up your hardware at your home then you are not going to get sleep any day, unless you got a big house.
You might use a Vaccum Cleaner? If yes then you can feel S9s noise, it is an equivalent of a vacuum cleaner.
Not only noisy it is also very hot. It is always recommended to put your hardware at the coolest place you can.
This warranty is only valid for users who purchased from the official site. If you are purchasing from Amazon then you should check reviews and contact the seller in case you have any doubt.
Bitmain Antminer s9 Profitability
This hardware has a hash power of 13 TH/s to 14 TH/s. Some say that it is 14 TH/s and some say it is 13 TH/s. In TH/s, T stands for Terahash and S stands for Second.
Bitcoin Bitmain Antminer s9 profitability depends on various factors.
You can check profitability on the Bitmain Antminer s9 profit calculator here.
Extra Component You Need To Purchase
Power Supply Unit (PSU)
You can’t just run Antminer S9 by plugging in. You must need to have a Power Supply Unit or PSU. Which may cost you another 150$ to 350$.
The recommended PSU device is Bgears b-Powerminer APW3 PSU which is 2400W,10 x PCIe 6+2 Pin connectors Extended Cable 5 Sets in 600mm 5 Sets in 750mm.
Bitmain Antminer s9 vs s9i
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