Which Miner is Right For You

Which #Bitcoin mining rig should you buy?

The right machine for you will depend on your market expectations and the amount of capital you are willing to deploy

Let’s dive in…

or this thread, we are going to juxatpose two machines

The Whatsminer M50s and the Antminer S21

Both are high-value rigs, but they each have a different set of trade-offs

Antminer S21 – High Upfront Cost, Hedge Downside Risk

At 17.5 W/Th, the S21 is the most efficient ASIC in the industry.

The highest value S21 on the Blockware Marketplace is the 188 TH/s model; with the lowest-priced listing sitting at $24.7 per terahash ($4,650 unit price)

Being the best ASIC, the S21 is priced accordingly. An S21 at the Blockware hosting rate produces 1 BTC for ~$42,000 worth of electricity.

This will give you significant downside protection. Moreover, you’ll be mining highly profitable from the jump, given the current Bitcoin price of ~$70,000.

Whatsminer M50s – Higher Risk, Potentially Faster ROI, Lower Upfront Cost

At $1,280 per machine, the M50s is affordable for anybody looking to deploy capital into Bitcoin mining.

And unlike other low-priced ASICs, you don’t need to bank on further Bitcoin price appreciation for this machine to be profitable.

The M50s produces 1 BTC for ~$62,000 in electricity. It’s not as profitable as the S21, but it is much cheaper

Given the low upfront cost, if Bitcoin rallies hard in Q3 and Q4 of this year, you could see a full ROI on an M50s before the end of the year. And that’s not even counting the resale value of the hardware.

You do carry downside risk with this machine, so that’s something to consider. But given the plethora of bullish catalysts at play, the M50s is certainly a viable play.

There’s no shortage of reasons to be bullish on Bitcoin’s price performance in the back half of 2024.

The primary catalysts right now are:

• Increasing Global Fiat Liquidity
• Institutional Demand via ETFs
• HODLers Not Selling
• Halving Induced Supply Shock

x.com/BlockwareTeam/

Blockware has M50s’s and S21’s available for sale right now on our marketplace.

These machines are online right now.

Pay in #Bitcoin, and you’ll be hashing as soon as your transaction receives six on-chain confirmations

marketplace.blockwaresolutions.com