Cryptocurrency mining is one of the most popular ways to make passive income. However, before mining virtual currency, you should select and buy suitable equipment.
One such device is the Antminer X3 ASIC miner from the well-known manufacturer Bitmain. In terms of its TX and the ratio of hashrate to power consumption, the model surpasses most of the analogs released at the same time, but it supports mining on the not most popular CryptoNight algorithm. The description of its parameters and features will help you to learn more about the capabilities of ASIK.
The Bitmain ANTminer X3 model was created for the mining of a specific cryptocurrency – Monero (XMR). And, given the gradual price reduction, the device should have become one of the best products in the manufacturer’s lineup. The expectations of Bitmain ANTminer X3 buyers did not quite come true, however, taking into account its parameters, it still remains quite productive among the equipment working according to the CryptoNight algorithm.
Characteristic | Value |
---|---|
Mining speed (hash rate) | 220 Kh / s |
Electricity consumption | 0.55 kWh |
Algorithm mining | CryptoNight |
Control board | L3 + / D3 / A3 |
Noise level | 74-76 dB |
Working temperature | 0-40°C |
Dimensions of the device | 33.4 x 12.5 x 20.7 cm |
Miner weight | 7 kg |
Connecting to the network | Ethernet |
When it first appeared on sale, the Antminer X3 model could be purchased on the manufacturer’s official website. The initial cost of the device was $ 11,999, which made the ASIC quite a serious investment. However, with the increase in the difficulty of mining the Monero coin, the payback of the miner, which was initially about 60 days, fell, and the company had to reduce the price.
Bitmain official website – https://shop.bitmain.com
The second revision, released in June 2018, was already on sale for $ 7,599. Even later, the cost dropped to $ 2999, and then to $ 1999. In 2020, you can buy Antminer X3 not only from the manufacturer, but also in online stores. The cost of the device is noticeably different, and can be in the range of $ 700-2500. On the other hand, the payback of the model increased even more than its price fell.
The process of setting up and connecting ANTminer X3 does not take much time from the user. The procedure is as follows:
It takes no more than 10 minutes to install and configure serviceable equipment. If you have problems, you should watch the video clip at the end of the article. If everything went well, you can proceed to the next stage – connecting to the pool and choosing a coin for mining.
You can use different methods to connect ASIK to the pool. The easiest is to install a special operating system Hive OS… Mining setup is as follows:
The launch of cryptocurrency mining begins with going to the “Workers” subsection and clicking on the rocket icon. By selecting the flight sheet and clicking “Apply”, the user starts mining.
If you need to switch to work in a different pool, you should make changes to the settings.
When choosing the best way to make a profit, you should pay attention to the pools that work according to the principles P2Pool and Nicehash… They not only support the CryptoNight algorithm, but also provide a high level of protection against fraud. Although the ANTminer X3 check in Nicehash showed that when mining on these pools, problems can arise, including a zero hash rate.
The most profitable coins in 2020 for this device should be chosen using mining calculators. The best options for making money, the profit from the production of which exceeds the cost of electricity and allows you to quickly recoup your purchase in a manner – XNB and DERO cryptocurrencies. It also makes sense to mine KRB, ETN, SUMO and X12 coins.
When buying an ASIK, it is worth knowing about it and the following features:
Depending on changes in the cryptocurrency market, the cost of the model may change. However, at the present time, buying it is still profitable.
The mining situation in 2020 shows that the payback periods for most devices have increased markedly. So, farms assembled using powerful video cards can pay off within 3, 5 and even 8-10 years, which makes their use unprofitable. To determine the feasibility of buying ANTminer X3, you can determine its profitability per day when mining different cryptocurrencies. To do this, you can use the site cryptunit.comthat determines the level of profit for coins that are mined using the CryptoNight algorithm.
As the mining calculator shows when entering the ANTminer X3 parameters, the revenue from most coins does not exceed $ 2.68 per day, and some coins can be mined at a loss:
As the calculator shows, ANTminer X3 is still a profitable device for cryptocurrency mining. Although the payback period has grown significantly. On the other hand, the same terms for video cards turn out to be even more serious, and buying an X3 is still more profitable than a GPU farm.
The complexity of mining and the rates of other cryptocurrencies have led to the fact that it is unprofitable to mine them using this ASIK in 2020. It is noteworthy that in the list of coins that are not suitable for mining on the ASIC ANTminer X3, there was a Monero coin, for which it was intended.
Customer feedback from the forum Bits.media and Bitcointalk.com
I bought equipment in mid-2018. I expected to recoup the purchase within six months. I just did not take into account that the prices of coins will fall. Now I switched from Monero to Xeonbit, and I think that I will start making money on ASIC already in 2020.
At the current rates, I see that it is possible to make good money on Antminer X3 only if the electricity is free – or if you pay for it with some kind of incentive. Although the model, even with a small income, still suits me – it does not spend a lot of electricity, does not take up space, and does not make much more noise than a computer with a gaming video card.
Take good care of your soundproofing and air conditioning system. Otherwise, your wife and neighbors will not forgive you for this. If everything is in order with the first and second points, purchase the device.
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