ObeliskSC1 (550Gh/s)

No, mining profitability is not guaranteed to stay the same over time.
This Obelisk SC1 currently generates a daily profit of approximately -$1.16, 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.

The Obelisk SC1 has a hashrate of 550Gh/s for the Blake2B algorithm.
Hashrates are only comparable between miners that use the same algorithm.

Yes, the Obelisk SC1 consumes 500W per hour.
Enter your local electricity price in the header preferences to see profitability calculations based on your actual electricity cost.

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.

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.