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BCH $479.36 (-2.0%)
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BNB $337.15 (0.46%)
ADA $2.05 (-3.7%)
DOGE $0.19 (-1.1%)

Ethereum Hashrate Climbs Over 750 Megahash per Second

Ethereum Hashrate Climbs Over 750 Megahash per Sec
  • Ethereum-related hashrate has reached around 750 MH/s.
  • Innosilicon A11 Pro Ethmaster will command 2,000 MH/s.
  • Owner gains over $200 per day in profit per machine.

Ethereum-related hashrate has reached around 750 megahash per second (MH/s). This is processed by the Innosilicon A10 Pro+, released by the mining rig-maker Innosilicon.

Moreover, Innosilicon is planning to drop a new Ether mining rig this summer that processes speeds of up to 2,000 MH/s. The hashrate of the Ethereum network seems to also have climbed higher in the last few months.

Profitability of Innosilicon A10 and A11 Series

While Ethereum (ETH) prices reached new all-time highs (ATH) in 2021, miners on the networks are pulling great profits. According to Etherscan, the ETH highest average Hash Rate of 493,933.1209 GH/s was recorded on April 03, 2021.

The mining rig manufacturer Innosilicon makes the two most profitable ETH mining rigs. However, Bitmain’s Antminer E3, G2 Ethereum-related miners follow behind respectively.

Currently, on using today’s ETH exchange rates and $0.12 per kilowatt-hour (kWh), the Innosilicon A10 Pro+ of 750 MH/s obtains over $77 per day in profits. More so, the firm’s lower-end model which does 500 MH/s captures $51 per day.

More so, the Innosilicon A11 Pro Ethmaster will command 2,000 MH/s. This will provide the owner over $200 per day in profit per machine, if the owner gets power at $0.12 per kWh.  However, the cost of the new tech remains unknown.

Meanwhile, reviews have mentioned that the machine takes up around 2,300W off the wall and contains 8GB of memory. The firm still sells bitcoin (BTC) miners with the firm’s Terminator series as T3 units can range between 57 to 67 terahash per second (TH/s).

The data site asicminervalue.com lists Innosilicon’s A11 Pro Eth master. According to the schedule, the Ethereum miner will drop in July 2021. Meanwhile, Ether price reached an ATH of $2,148 per unit on April 02, 2021.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.