What is a SHA256 Antminer?

SHA256 Antminers are ASICs named after the mining algorithm used to mine Bitcoin, Peercoin, Bitcoin Cash and more top coins. SHA256 are characterized by high hash rates, high energy consumption, and high prices. The most popular SHA256 miner is the Antminer S9, a profitable bitcoin miner since late 2017.

What is an Antminer ASIC?

In this way it is optimized solely and exclusively to perform that operation, resulting faster and less energy-intensive compared to more generic solutions. In the case of the Antminer, the operation performed by the ASIC is precisely the hash calculation using algorithms such as SHA256.

How much power does an Antminer consume?

ASICs are highly energy consuming, and the Antminers are no different. The average Antminer machine consumes at least 800 watts of power. This way, only miners with free or extremely low electricity costs should consider purchasing the machines. Although Bitmain enjoys monopoly in the mining industry, their ASICs are reputable.