This country invests 1 BTC daily and has already converted $135 million of BTC into $400 million

Recently, Nayib Bukele, the President of the Central American country of El Salvador, was interviewed by Time magazine, in which he stated: “El Salvador invested $135 million. Now, we have $400 million in Bitcoin in the public wallet alone. We have done well as a government.” The country has been aggressively accumulating Bitcoin, adding almost 1 BTC each day.

Just like many ordinary individual investors, as long as you firmly believe in the value of Bitcoin, the form of regular investment in Bitcoin like El Salvador’s is one of the most secure ways to invest. However, we must not forget that as the primary market of the Bitcoin ecosystem, mining is almost the most cost-effective way to purchase Bitcoin.

Currently, many countries and regions around the world have not banned Bitcoin miners from mining, but the most ideal mining locations often also need to have the advantages of low electricity prices and a suitable climate. Especially in countries and regions such as Russia, Argentina, and the Middle East, many places have electricity prices as low as 1-3 cents, and even many South American families will place a few BTC ASICs at home for revenue generation, which can both guard against unstable economic situations and yield a considerable return during a bull market.

So when you are a small to medium-sized miner with an electricity price of 1-3 cents, what kind of miner should you buy during this period? We recommend the ANTMINER S19j PRO  and the ANTMINER S19 PRO . The reason is straightforward: low total cost, fast payback, and low shutdown price.

Let’s take the ANTMINER S19j PRO 113T as an example. This machine is currently priced at less than $1000, mining 0.00008362 BTC per day. When the electricity price is 2 cents and the coin price is $60,000, it will pay back in about 270 days. When the coin price is $70,000, it will pay back in about 230 days. When the coin price is $80,000, it will pay back in about 190 days, and so on. In other words, when you have 2-cent electricity, as the coin price continues to rise from the current market price of $60,000, this machine may be the fastest to pay back, and in the event of a sudden sharp decline in the coin price, its shutdown price is as low as around $17,800, which is very safe for your profits, and you almost don’t have to worry about losing money.

*Payback prediction for ANTMINER S19j PRO 113T and ANTMINER S19 PRO 104T when the electricity price is as low as 2 cents

If you happen to be that miner friend with low electricity prices, we strongly recommend that you consult us about these two models or purchase them directly.

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!