Question 1

Is mining profitability guaranteed to remain constant?

Accepted Answer

No, mining profitability is not guaranteed to stay the same over time. This Bitaxe Ultra 1366 currently generates a daily profit of approximately -$0.01, assuming an electricity cost of $0.10 per kWh.  However, this profit can fluctuate due to various factors such as global hashrate, network difficulty, block reward, and cryptocurrency exchange rates. Be prepared for potential changes in profitability based on these market dynamics.

Question 2

What is the hashrate for this miner?

Accepted Answer

The Bitaxe Ultra 1366 has a hashrate of 425Gh/s for the SHA-256 algorithm. Hashrates are only comparable between miners that use the same algorithm.

Question 3

Is the electricity consumption rate per hour?

Accepted Answer

Yes, the Bitaxe Ultra 1366 consumes 11W per hour. Enter your local electricity price in the header preferences to see profitability calculations based on your actual electricity cost.

Question 4

How does electricity cost impact profitability?

Accepted Answer

Electricity expenses are a significant factor in mining profitability. Higher electricity rates can reduce or even eliminate profits, which is why assessing local energy costs is crucial when determining if mining is viable. With higher electricity costs, investing in a highly efficient miner is even more important.

Question 5

What is the lifespan of this mining hardware?

Accepted Answer

The lifespan of mining hardware depends on factors such as usage intensity, environmental conditions (temperature, humidity, dust). Proper maintenance and ideal operating conditions can extend hardware longevity.

Manufacturer	Bitaxe
Model	Ultra 1366
Also known as	Bitaxe 1366 Ultra
Release	Aug 2023
Size	10 x 6 x 6mm
Weight	400g
Chip name	BM1366
Chip count	1
Noise level	35dB
Fan(s)	1
Power	11W
Voltage	110V - 230V
Interface	WiFi
Temperature	5 - 45 °C
Humidity	5 - 95 %
Additional info	Educational or Solo mining

		region		locationCountry			Opt.			partnership
Bitcoin Merch	Bitcoin Merch Trusted vendor	Americas	United States	United States	In stock New	Never		$90 $0/Gh		BRONZE
Mining Wholesale	Mining Wholesale Trusted vendor	Europe	Netherlands	Netherlands	Out of stock New	Never		$91 €79 $0/Gh		BRONZE

BitaxeUltra 1366 (425Gh/s)

Description

Profitability

Algorithms

Specifications

Minable coins

Mining pools

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