What You Need to Know About Bitaxe
Bitaxe is an ASIC solo miner designed to mine Bitcoin. The versions and devices included in the Bitaxe project are used specifically to verify transactions on the Bitcoin network and to create new Bitcoin blocks. Bitaxe is an open source project developed by osmu for the last five years.
What are the Hash Rates and Energy Consumption of Bitaxe Devices?
Bitaxe GT - Bitaxe Gamma Turbo 2x BM1370: It has a hash power of 2.2 TH/s and consumes only 18 W/TH.
Bitaxe Gamma BM1370 : It has a hash power of 1.2 TH/s and consumes only 15 W/TH.
Bitaxe Supra BM1368: Runs at 733 GH/s and consumes approximately 13W of power.
Bitaxe Ultra BM1366: Runs at 425 GH/s and consumes approximately 11W of power.
What ASIC Chips Do Bitaxe Devices Use?
Bitaxe GT - Bitaxe Gamma Turbo: Equipped with 2x BM1370 ASIC chips, i.e. 2 BM1370 processors.
Bitaxe Gamma 601: Equipped with BM1370 ASIC chip.
Bitaxe Supra 403: Equipped with BM1368 ASIC chip.
Bitaxe Ultra 1366: Uses BM1366 ASIC chip.
The ASIC chips in all Bitaxe versions are powered by Bitmain 's Antiminer series Bitcoin mining hardware.
How Much Electricity Does Bitaxe Hardware Consume?
Bitaxe Bitcoin miner devices Electricity consumption is one of the most important costs of compact home or office cryptocurrency mining devices. Bitaxe's electricity consumption varies depending on the version model and operating conditions. Users can use electricity consumption measuring devices to calculate how much electricity the device consumes and its cost. All versions of Bitaxe hardware are the lowest electricity consuming Bitcoin miner devices in the world.
What is Bitaxe's Profitability in Bitcoin Mining?
The profitability of Bitaxe hardware in Bitcoin mining depends on factors such as Bitcoin price, electricity cost, mining difficulty and the hash rate of the device. Users can easily calculate how long it will take for the device to pay for itself and how much profit it will bring with the values of solo mining block finding chance and electricity costs. Bitaxe is a very profitable investment for Bitcoin solo mining.
Are Bitaxe Devices Suitable for Solo Mining?
Yes, Bitaxe Bitcoin mining devices are designed for solo mining. Thanks to its open-source structure, it contributes to the decentralization of Bitcoin block search and allows users to manage their own mining operations. When you find a Bitcoin block with Bitaxe hardware, you get exactly 3.25 blocks. The block finding value for Bitcoin is 3.25 block rewards, which is exactly $315,000 at the time of writing.
Are Bitaxe Rigs Suitable for Pool Mining?
Bitaxe Bitcoin mining hardware is not suitable for pool mining due to its low hash rates. At speeds of 1.2TH/s 733 GH/s, you only transfer a small amount of coins to your cold wallet in cents. Bitaxe is only recommended for solo mining for Bitcoin block rewards.
What is the Cooling and Fan System of Bitaxe Devices?
Bitaxe Bitcoin mining devices, Gamma 601, Supra 403 and Supra 401 series are equipped with a 5V fan on a 40x40mm aluminum heatsink, in the 601 series, it is recommended to cool with a Noctua 40 * 40 * 20mm Noctua NF-A4x20 5V PWM fan, the 601 series operates quietly and efficiently. In the Bitaxe Gamma Turbo GT model, the Noctua NF-A4x60 12V PWM professional fan system is also recommended. In the Supra 401 and Supra 403 versions, standard Chinese entry-level 40 * 40 * 10mm fans are sufficient to cool the device.
What is the Price Range of Bitaxe Devices?
Bitaxe hardware prices vary depending on the model and manufacturer. For example, Bitaxe hardware is sold at budget-friendly and economical prices on Bitaxe Turkey. Bitaxe Turkey produces the Bitaxe series in its own facilities.
How to Update Bitaxe Software?
Bitaxe software updates are performed within minutes by connecting the hardware to the computer via USB via the Bitaxe web flasher web link.