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The most popular and rugged mining rig of all time, the Bitmain Antminer L7, is a good example. With the continued increase in the difficulty of mining, on the one hand, and the effects of the Halving of last May of this year, the days of this ASIC, seemed numbered.

In fact, in many countries, the machine began to go offline in a massive way, because its production was lower than the electrical costs. In practice, it was more expensive to keep connected, which is why it was considered obsolete in one country after another.

With the rise in the price of Bitcoin in recent months, the Antminer L7 machine began to be reconnected. All this means that those miners who renovated their farms with new machines and did not leave the S9, now have the opportunity to reconnect them and increase their hashing power and, therefore, their income.

Between May and September, approximately, the Antminer L7 price is decreased due to the fall in demand for it. Those people who bought at that price are currently the main beneficiaries.

Mining and Holding:

But the benefits of mining with the current price of Bitcoin do not stop at the example above. Long-term holding or hoarding of cryptocurrencies also comes into play.

In some countries with low electricity costs such as Canada, nor with the lowest price of Bitcoin, the business stopped being profitable. In this sense, maintaining a farm whose objective is savings in the medium and long term is among the most profitable actions in mining.

The other aspect that can be considered as positive is with the people who bought remote mining packages. A plan of 14 TH/s, two years in June could have a global cost of what now generates the same package quarterly.

For example, in some companies, a plan of 14 TH/s, for two years, in June could cost approximately $ 200. Currently, 14 terahashes produce about $ 60 per month. This means that in an estimated time of 3 months the investment recovers and a year it triples if the price of Bitcoin remains constant.

The trend of the value of Bitcoin is generally upward. The historical charts are unequivocal. In such a way, as long as the machines continue to generate a fixed amount of Bitcoin, they can be treasured, waiting for the new bullish race in which great benefits will be seen.

If you are interested in buying Bitmain Antminer L7 at the best prices, do not miss to visit https://mineq.cn.com.

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