AnexMiner is the brand new beginning of ETH mining!
When AnexMiner ET7 is released, it will permanently transform the ETH mining world!
The AnexMiner, the most significant shift in Ethereum mining, has been disclosed and will soon be offered to the market. It's never been easier to set up a successful mining rig, and this one is especially profitable. A whopping 6000MH/s for a power of 3200 Watts and an efficiency of 0.52/M. To translate those figures into money, you'd be mining roughly 27 ETH coins each year for about $120 per month at a cost of 0.11 cents per watt. Of course, the cost of power varies based on where you live and if you use renewable energy sources.
Another interesting point is that if you had the same hashing power with a GPU system, you would use 9 times more electricity. A single AnexMiner ET7 is equivalent to 70 RTX 3080 graphics cards, which not only take up significantly more space but also consume almost $900 more power than the specialized miner!
There have been many great projections, but one thing is certain: the price of ETH will rise in the long term. Some cryptocurrency specialists estimate that the price might reach $180,000 in the next 10 or even 7 years! This is no exaggeration, but the number of businesses and developers working on top of the ETH app has been increasing year after year, and they indirectly contribute value and usability to the ecosystem. To be honest, given what lies ahead, this ludicrous price does not seem too far-fetched!
The merge is coming, but not yet!
Many individuals are discouraged from getting into mining when they hear about the imminent "Merge," which will convert ETH from proof of work to proof of stake, making it impossible to mine ever again. True, it will happen, but it will not happen in the next two years! Not to add that when the system does arrive, mining and staking will coexist for a period of time until proof of stake truly takes over and renders mining useless!
This provides us more than enough time to make the most of our AnexMiner! That would be nearly a year's worth of mining, which would allow us to mine about 70 tokens or more in that time! This is more than enough time to recoup the miner's initial investment, and don't forget that we'll always be able to mine old eth and other tokens!