Monero
$392.65 -4.07%
XMR · 1w

Is this 'ASIC' for Monero just a press release product

The year 2020 was a disastrous one for millions of business owners around the world. However, the world of cryptocurrency will remember the year for the emergence of a new era in crypto mining. In the later part of 2020, a technology company named BitWats ( www.bitwats.com ) introduced a range of crypto miners that have already left all its competitors behind. Industry experts as well as users claim that BitWats DBT and GBT miners are the most profitable crypto miners ever. Moreover, the simplicity of these products has allowed even the beginners to take a crack at crypto mining and make lucrative profits.

Hash rate and power consumption are the two factors that determine the profit making potential of crypto miners and this is where BitWats has taken its mining rigs to a different level altogether. The hash rates offered by DBT and GBT are unrivalled the industry, with low power consumptions of 900 W and 2200 W respectively. A combination of high hash rates and low power consumption has made BitWats the most profitable mining hardware available in the current market. These two multi-algorithm miners can be used for mining Bitcoin, Litecoin, Ethereum, and Monero with hash rates as mentioned below.

DBT Miner: Bitcoin 750 TH/s, Litecoin 70 GH/s, Ethereum 5 GH/s, and Monero 5 MH/s, and 900 W power consumption. GBT Miner: Bitcoin 2250 TH/s, Litecoin 210 GH/s, Ethereum 15 GH/s, and Monero 15 MH/s, and 2200 W power consumption.

Based on figures mentioned above, monthly profit making potential of the two units is as mentioned below.

DBT Miner: $7,500 (Bitcoin), $13,000 (Litecoin), $13,000 (Ethereum), and $15,000 (Monero) GBT Miner: $22,500 (Bitcoin), $39,000 (Litecoin), $37,000 (Ethereum), and  $45,000 ( Monero )

In addition to profitability of its miners, BitWats was also focused on delivering crypto miners that are simple to use. Honestly speaking, the industry has seen many brilliant mining products over the years. However, in general,...

Continue on ibtimes.com
Recent news