On August 8, 2024, Russian President Vladimir Putin signed a law to legalize cryptocurrency mining in Russia, allowing people to mine freely under relaxed policies. Putin stated that Russia has a huge natural advantage in the field of cryptocurrency mining, and the government will seize the opportunity to develop the cryptocurrency industry.
The huge natural advantage that President Putin referred to is, of course, the country’s relatively cold climate and abundant energy resources, which are very suitable for cryptocurrency mining. In many parts of Russia, the price of electricity is as low as $0.022, making many low-cost mining machines very cost-effective. Today, we recommend several BTC ASICs between $1,000 and $2,000. With extremely low electricity prices, they have the great advantage of low purchase threshold and low risk of shutdown.
First model: ANTMINER S19J XP 151T
This machine is currently priced at around $1,700, with a power efficiency ratio of 21.5J/T. With a hash rate of 151T and a power consumption of 3250W, it is air-cooled. The daily income of the ANTMINER S19J XP is 0.0001057 BTC. According to the current price of BTC at about $60,000, the daily gross profit is about $6.34. This model is currently one of the most sought-after in areas with super low electricity prices. It is almost the ASIC with the lowest power efficiency ratio within $1,000 to $2,000, and it is very worthwhile for miners with ultra-low electricity prices to start with easily. If you really have electricity at $0.022, the theoretical shutdown price of this machine will be incredibly low, only $16,000. If you also consider that miners will gain extra GAS fee in the transaction, the shutdown price of this machine will be even lower. For users with ultra-low electricity prices, it can almost never shut down and generate income forever.
Second model: ANTMINER S19K PRO 120T
This machine is currently priced at around $1,200, with a power efficiency ratio of 23J/T. With a hash rate of 120T and a power consumption of 2760W, it is air-cooled. The daily income is 0.000084 BTC, and at a BTC price of $60,000, the gross profit is about $5.
Third model: ANTMINER S19 PRO+ HYD
This machine is currently priced at around $1,400, with a power efficiency ratio of 27.5J/T. With a hash rate of 198T and a power consumption of 5450W, it is water-cooled. The daily income is 0.0001386 BTC, and at a BTC price of $60,000, the gross profit is about $8.3.
The above are the BTC ASICs recommended by BITMARS for miners with super low electricity prices between $1,000 and $2,000. In addition to the above great advantages, don’t forget the macro good news that BTC is likely to appreciate greatly in the next few months! If such miner fellows want to know more about ASICs at different prices and features, please feel free to contact our Russian commissioner!
Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.
BITMARS is an internationally renowned crypto miner trading company. We provide comprehensive, professional, timely, and cost-effective miner purchasing and hosting services to maximize your wealth!
