SUMMARY
Launched in 2015, Ethereum is one of the most opted cryptocurrencies after Bitcoin. However, the unexpected Decentralized Autonomous Organization (DAO) hack that happened in 2016 caused a drift among Ethereum supporters. Thus the blockchain experts introduced its hard fork, Ethereum Classic(ETC), and Ethereum is no longer mineable. Similar to its predecessor Ethereum, Ethereum Classic also acts as an open-source platform. Businesses can leverage the ETC blockchain platform to build decentralized applications and smart contracts.
Ethereum Classic follows the Ethash algorithm, and many ETC miners are available now with robust features optimized for Ethash mining. Besides Ethereum Classic, with ETC miners, miners can mine many other cryptocurrencies that follow the Ethash algorithm, like Ubiq, Expanse, Etho, etc. Jasminer, a reputed mining hardware company, has launched a series of ETC miners, and the recent addition is Jasminer X16-P ETC Miner. Let’s see the overview of Jasminer X16-P ETC Miner, including its technical specifications, profitability, future perspective, etc., in detail.
Jasminer X16-P, an ETC miner with a hash rate 5800Mh at a power consumption of 1900W, will be launched in August 2023. Here are its detailed specifications.
Manufacturer | Jasminer |
Model | X16-P |
Also known as | JASMINER X16-P ETC MINER |
Release | August 2023 |
Mining Algorithm | Ethash |
Size | 212 x 300 x 374mm |
Weight | 14000g |
Noise level | 40db |
Voltage | 200-240V |
Power | 1900W±10% |
Hashrate | 5800Mh/s ±10% |
Interface | Ethernet |
Memory | 8GB |
Temperature | 0 – 40 °C |
Humidity | 5 – 95 % |
Jasminer is a reputed Ethash mining hardware manufacturer that developed a series of high-end ETC miners with maximum hash rate and power efficiency while having less power consumption.
Jasminer suggests that customers check for any potential damage and dents after unboxing the shipment package. In case of misplaced parts, or abnormal sounds, contact Jasminer’s customer care.
Setting up ETC miners is a straightforward process and almost remains the same for all the models. Place the device in a well-ventilated space with appropriate electrical infrastructure before setting it up for mining. Check Jasminer’s support page and download the user manual for a detailed setup process with step-by-step instructions and images.
Here is a handy comparison table of various Jasminer ETC mining hardware for your quick reference. All the hash rates and power consumption listed here are not perfect and could vary slightly according to your mining environment. Hence it is ideal to consider ±10% with the listed values.
As you can see, Jasminer has launched a series of ETC miners in the last couple of years. Of all Jasminer models, X16-P has an excellent hash rate, optimal energy efficiency and minimal noise, ensuring a perfect mining experience.
Source: Coinmarketcap
The price of Ethereum Classic (ETC) is highly volatile. No crypto experts can accurately predict Ethereum Classic or any cryptocurrency price. Thus, miners should follow the crypto market and make informed decisions before investing in ETC miners.
Jasminer X16-P is a highly advanced model with a high-end chip design optimized for the Ethash mining algorithm. It has an excellent hash rate of 5800Mh/s, ensuring secure transactions in the blockchain network. The advanced circuit design and interface enable the machine to offer the best energy efficiency and enhanced profit gains. Moreover, a friendly user interface with real-time metrics makes it ideal for both home mining and professional miners.
However, the profitability of any mining hardware is not assured as the mining profitability depends on several factors. A sudden market trend, a rise or dip in the price of Ethereum Classic, or any development in regulatory affairs or even a political situation can impact the cryptocurrency market, affecting the mining profitability. Thus, miners should watch the market and play safe while investing in crypto mining hardware or cryptocurrencies.
Jasminer X16-P comes with advanced features, fine-tuned for Ethash mining algorithm with excellent hash rate and efficiency. Undoubtedly, Jasminer X19-P is one of the best ETC miners currently available in the market.
Besides, Ethereum Classic is one of the popular cryptocurrencies that has attracted a considerable crowd. Ethereum Classic is much more than a cryptocurrency. It acts as an open-source platform for blockchain applications. Hence, the Ethereum Classic market and profitability are directly related to the popularity and advancements of the DeFi (Decentralized Finance) industry.
The future outlook of any potential ETC mining hardware like Jasminer X16-P 5800 Mh/s depends on various factors, including,
CONCLUSION
The Jasminer X16-P is a robust Ethash mining machine with an advanced ASIC chip, efficient cooling system and excellent hash rate. Jasminer advocates its mining hardware as a quiet server since it generates less noise, like 40db. Though Jasminer is a reputed brand known for its quality mining hardware, the profitability and return on investment depend on factors like electricity costs in your area, mining difficulty, Ethereum Classic price, etc. Hence, miners should study the market and play safe before investing in any crypto mining hardware. Besides, buying Jasminer X16-P500Mh/s from a reputed company is crucial to reap the maximum benefits.
You can mine coins that use the Ethash algorithm, like Ethereum Classic, EtherGem, Etho, etc.
The higher the hash rate, the easier you can solve cryptographic puzzles. Thus, you can mine blocks faster and gain better rewards.
You should check the mining hardware’s hash rate, energy efficiency, and energy consumption before investing.
The profitability of crypto mining is not straightforward as it depends on many factors like your electricity costs, mining difficulty, market volatility etc.