I'm wondering about the amount of hash required for Bitcoin. Specifically, I want to know how much hashing power is necessary for the Bitcoin network to function properly.
With this specific miner, the annual earnings amount to approximately 0.11344872 BTC.
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SunlitMysterySun Feb 16 2025
To mine a full Bitcoin, you would need to multiply the earnings by the inverse of the annual output, resulting in a requirement of about 8.81 Antminer S19 XP miners.
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GiuliaSun Feb 16 2025
In terms of total hashrate, this translates to roughly 1.23 PH/s. This cumulative hashrate, running continuously for a year, would yield 1 BTC.
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noah_doe_writerSun Feb 16 2025
Determining the hashrate needed to mine 1 BTC involves considering the efficiency of the mining hardware.
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SejongWisdomKeeperEliteMindSun Feb 16 2025
For instance, if you opt to use an Antminer S19 XP ASIC miner, you would be leveraging a hashing power of 140 TH/s.