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ASICLine Building a New Era

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ASICLine Building a New Era
  • ASIC products beat all other products down regarding its Hash Rate and Power Consumptions
  • The user can generate around $960 from Bitcoin, $4,152 from Litecoin, $6,345 from Ethereum, and $7,071 from Monero respectively in a month

For cryptocurrency mining, ASICLine launched two miners tools, FirstLine, and PowerBox, providing a new era in the industry. These newly launched advanced tools of CHIP 5nm ASIC miners make the mining of cryptocurrencies simpler, affordable, and profitable, unlike old products, with several new features that were never heard in the industry.

Critical Parameters of Mining Relating ASIC Tools

Two key parameters to determine the profitability of mining are Hash Rate and Power Consumption. ASIC products beat all other products down regarding its Hash Rate and Power Consumptions. If we compare ASIC products with other products, it is found that the potentiality of making a profit is higher than other products within the current level of difficulty.

Hash Rate provided by ASIC FirstLine 410 TH/s for Bitcoin (BTC), 60 GH/s for Litecoin (LTC), 8 GH/s for Ethereum (ETH), and 3 MH/s for Monero. Whereas its PowerBox provides 1250 TH/s for Bitcoin, 180 GH/s for Litecoin, 24 GH/s for Ethereum, and 9MH/s for Monero. And if we talk about power consumption, ASIC’s FirstLine product consumes around 650 W, whereas PowerBox consumes around 1800 W.

Are the Products Profitable?

According to the Hash Rate and consumption of power, we can conclude that with ASIC FirstLine, the user can generate around $960 from Bitcoin, $4,152 from Litecoin, $6,345 from Ethereum, and $7,071 from Monero respectively in a month. From ASIC PowerBox, a user can gain around $2,1942 from Bitcoin, $12.4k from Litecoin, $19k from Ethereum, and $21.1k from Monero.

Usability of the products

Compared with other mining products, ASIC products are way more comfortable to use. To use these products, users need to plugin the product and connect to the internet via wifi or ethernet cable. After getting internet access, the user needs to enter the pool data, or they can also select the ASICLine pool that consists of no-fee. After all, insert the wallet address and start mining. The part is that it needs no IT knowledge or mining experience.

Better Earning Opportunity

These products provide a better earning opportunity with a one-time bulk investment. According to Martin Muller, Chief Executive Officer of ASICLine, during this COVID-19 pandemic, they launched a chance for millions of livelihoods to create profit from home. This global pandemic and lockdowns have deprived millions of individuals of their livelihood. 

However, the company has guaranteed profit to their customers by providing an advanced range of ASIC miner products.

P
Written by
Cryptocurrency Writer

Pratik Chadhokar is a cryptocurrency and markets writer contributing to The Market Periodical. His coverage spans Bitcoin and Ethereum price analysis, staking, cross-chain tools and crypto regulation.

Press ReleaseBlockchainMining

About this article

PublishedOctober 28, 2020 10:28 am
Last updatedOctober 28, 2020 10:28 am
Written byPratik Chadhokar, Cryptocurrency Writer
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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