Question 1

Is mining profitability guaranteed to remain constant?

Accepted Answer

No, mining profitability is not guaranteed to stay the same over time. This VolcMiner D1 (16Gh) currently generates a daily profit of approximately $0.76, 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 VolcMiner D1 (16Gh) has a hashrate of 16Gh/s for the Scrypt 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 VolcMiner D1 (16Gh) consumes 3725W 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	VolcMiner
Model	D1 (16Gh)
Also known as	VolcMiner D1 16Gh/s
Release	Aug 2024
Size	330 x 200 x 285mm
Weight	17550g
Noise level	75dB
Fan(s)	4
Power	3725W
Interface	Ethernet

		region		locationCountry				partnership
Bitark Miner	Bitark Miner Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$4,000 $250/Gh	GOLD
Woyou Miner	Woyou Miner Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$4,299 $269/Gh	GOLD
ASL Miner	ASL Miner Trusted vendor	Asia	China	Hong Kong	In stock New	Never	$4,699 $294/Gh	GOLD
Apexto Mining	Apexto Mining Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$4,699 $294/Gh	SILVER
Jingle Mining	Jingle Mining Trusted vendor	Asia	China	Hong Kong	In stock New	Never	$5,600 $350/Gh	SILVER
BT-Miners	BT-Miners Trusted vendor	Americas	United States	Hong Kong	In stock New	Never	$6,590 $412/Gh	GOLD
MinandoVoy	MinandoVoy Trusted vendor	Europe	Spain	Spain	In stock New	Never	$6,919 €6,006 $432/Gh	SILVER
ZC Miner	ZC Miner Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$7,299 $456/Gh	SILVER
AsicMarketPlace	AsicMarketPlace Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$7,999 $500/Gh	SILVER
YesMining	YesMining Trusted vendor	Asia	Hong Kong	Hong Kong	In stock New	Never	$8,200 $513/Gh %	GOLD
MillionMiner	MillionMiner Trusted vendor	Europe	Germany	Hong Kong	In stock New	Never	$11,518 €9,999 $720/Gh	GOLD
MineShop	MineShop Trusted vendor	Europe	Ireland	Ireland	In stock New	Never	$19,583 €17,000 $1,224/Gh %	SILVER

VolcMinerD1 (16Gh/s)

Description

Profitability

Algorithms

Specifications

Minable coins

Mining pools

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