Goldshell CK-BOX Profitability | What Coin Does CK-Box 2 Mine?

Discover the profitability of the Goldshell CK-BOX, a Nervos Network miner that utilizes the Eaglesong algorithm with a maximum hashrate of 1.05 Th/s. Learn how to calculate its profitability and get insights on its 24-hour performance at an electricity cost of 8¢/kWh. Read now for a comprehensive overview of the CK-BOX. The profitability of the CK-BOX is estimated to be $-1.74 every 24 hours when electricity costs 8 cents per kWh, which means that it would mine 151.32 CKB per 24 hours according to [4].

There is also a newer model called the Goldshell CK-BOX 2, which is a Nervos Network miner that mines 2 algorithms (Eaglesong) with a maximum hashrate of 2.1 Th/s and a power consumption of 400 W according to [3]. The release date for the CK-BOX 2 was January 2023 according to [5]. It is recommended to check profitability calculators like WhatToMine [2] or ASIC Miner Value [1][3] for the most up-to-date information on the profitability of the Goldshell CK-BOX and CK-BOX 2.

Goldshell CK-BOX Profitability

A. The Goldshell CK-BOX is a Nervos Network miner that mines the Eaglesong algorithm. According to [4], it has a maximum hashrate of 1.05 Th/s and a power consumption of 1200 W.

B. The purpose of this article is to discuss the profitability of the Goldshell CK-BOX. [1] and [2] both have profitability calculators for the miner, making it easier to determine its profitability. By considering factors such as electricity costs and the price of the mined cryptocurrency, we will provide a comprehensive overview of the profitability of the Goldshell CK-BOX.

What is the Goldshell CK-BOX

A. The Goldshell CK-BOX is a Nervos Network miner that utilizes the Eaglesong algorithm to mine cryptocurrency.

B. The Eaglesong algorithm is a state-of-the-art mining algorithm that is designed to be highly efficient and optimized for mining cryptocurrency. It is well-suited for the Nervos Network, which is a next-generation blockchain that is designed to be scalable, secure, and decentralized.

C. The Goldshell CK-BOX has a maximum hashrate of 1.05 Th/s, which makes it one of the most powerful miners in its class. This high hashrate ensures that it is capable of producing high levels of mining revenue, even in a highly competitive mining market.

D. In terms of power consumption, the Goldshell CK-BOX requires 215W, which is relatively low compared to other miners of its class. This low power consumption not only reduces the cost of operating the miner, but also helps to minimize the carbon footprint of mining operations.

What Coin Does CK-Box 2 Mine?

The CK-Box 2 is a Nervos Network miner that mines the cryptocurrency CKB (Coin Key Block). It is typically equipped to mine popular proof-of-work (PoW) coins like Bitcoin, Ethereum, and other altcoins. The specific coin that the CK-Box 2 mines is Eaglesong Algorithm: CBK.

How to calculate the profitability of the Goldshell CK-BOX

A. Mining profit calculator on whattomine.com: One of the most popular ways to calculate the profitability of mining hardware is by using a mining profit calculator. A mining profit calculator can give you an estimate of how much money you can make by mining with a certain device. One of the most popular mining profit calculators is whattomine.com. To use whattomine.com, you simply need to enter the specifications of your device, including the hashrate, power consumption, and the current price of the cryptocurrency you want to mine. The calculator will then calculate an estimate of how much money you can make based on these factors.

B. Factors affecting profitability: The profitability of mining with the Goldshell CK-BOX is determined by several factors, including the price of the cryptocurrency you’re mining, the hashrate of the device, and its power consumption. The price of the cryptocurrency you’re mining can have a big impact on profitability. If the price of the cryptocurrency goes up, you’ll make more money, and if it goes down, you’ll make less. The hashrate of the device can also impact profitability, as a higher hashrate means you can mine more cryptocurrency in the same amount of time. Finally, power consumption is an important factor, as higher power consumption means higher electricity costs, which can eat into your profits.

Calculating the profitability of mining with the Goldshell CK-BOX involves taking into account the current price of the cryptocurrency you’re mining, the device’s hashrate, and its power consumption. Using a mining profit calculator can give you a rough estimate of how much money you can make, but it’s important to keep in mind that the actual amount you make may be different due to factors like network difficulty and other variables.

Conclusion

A. Recap of the profitability of the Goldshell CK-BOX The Goldshell CK-BOX is a Nervos Network miner that uses the Eaglesong algorithm to achieve a maximum hashrate of 1.05 Th/s with a power consumption of 215W. Profitability is a critical factor to consider when purchasing a miner, and it can be calculated by using a mining profit calculator such as whattomine.com.

B. Importance of considering profitability when purchasing a miner It’s essential to consider profitability when making an investment in a miner, as it will impact the return on investment. Factors that affect profitability include cryptocurrency prices, hashrate, and power consumption. By taking these into account, you can make an informed decision on whether a miner is worth the investment or not.

C. Final thoughts on the Goldshell CK-BOX profitability Based on the information from minerlist.com, the Goldshell CK-BOX has a profitability of -$1.74 every 24 hours when the electricity cost is 8¢/kWh. While this may not be the most profitable miner on the market, it is important to consider the overall performance and efficiency of the device in addition to its profitability. Additionally, the cryptocurrency market is constantly changing, and profitability can vary greatly over time. In conclusion, the Goldshell CK-BOX may not be the most profitable option, but it is still a solid performer in the Nervos Network mining market.

FAQ:

1. What is the Goldshell CK-BOX? The Goldshell CK-BOX is a Nervos Network miner that uses the Eaglesong algorithm to mine the cryptocurrency Nervos CKB. It has a maximum hashrate of 1.05 Th/s and consumes 215W of power.
2. What is the purpose of the article? The purpose of the article is to discuss the profitability of the Goldshell CK-BOX.
3. How do I calculate the profitability of the Goldshell CK-BOX? You can calculate the profitability of the Goldshell CK-BOX by using a mining profit calculator, such as whattomine.com. The profitability is affected by several factors, including the price of Nervos CKB, the hashrate of the miner, and the power consumption.
4. What is the profitability of the Goldshell CK-BOX? According to information from minerlist.com, the profitability of the Goldshell CK-BOX is $-1.74 every 24 hours at an electricity cost of 8¢/kWh. It mines approximately 151.32 CKB per 24 hours.
5. Why is profitability important when purchasing a miner? Profitability is an important factor to consider when purchasing a miner because it will determine the return on investment. If the miner is not profitable, it may take a long time to recover the cost of the miner.

Sources:

1. Nervos Network official website: https://nervos.org/
2. Eaglesong algorithm whitepaper: https://github.com/nervosnetwork/rfcs/blob/master/rfcs/0003-eaglesong/0003-eaglesong.md
3. WhatToMine mining calculator: https://whattomine.com/
4. MinerList: https://minerlist.com/
5. Goldshell CK-BOX product page: https://goldshell.com/products/ck-box