ASIC mining machine refers to a mining machine that uses ASIC chips as the core of computing power. ASIC is the abbreviation of Application Specific Integrated Circuit, which is an electronic circuit (chip) specially designed for a specific purpose. Mining chips have gone through CPU mining to GPU mining to FPGA mining, and now they have entered the era of ASIC mining.
Compared with general integrated circuits, ASIC has the advantages of smaller size, lower power consumption, improved reliability, improved performance, enhanced confidentiality, and reduced cost in mass production. ASIC chips are usually only a few nanometers long. Chips are very important to mining machines and determine the efficiency and cost of mining. The more chips that carry, the longer the communication path and the greater the power consumption required for data transmission. Compared with the average speed of CPU and GPU mining in 2009, the average speed has increased by tens of thousands of times or even more.
From CPU to GPU, to ASIC mining machine; in order to improve computing efficiency, mining equipment has gone through several stages of development. As the difficulty of mining increases, many people are more inclined to use ASIC miners for mining. But how long is the service life of an ASIC mining machine?
The life of a mining machine can be divided into [physical life] and [economic life].
The physical life of a mining machine refers to the time from when a brand new machine is put into use until the mining machine is scrapped due to irreparable failures, wear, and aging after a certain period of use. There are two main factors affecting the physical life of the mining machine, the quality of the mining machine and the operation and maintenance of the mining machine.
The quality of the mining machine is inseparable from the mining machine manufacturer and the mining machine structure design and other factors. The general mining machine computing power board uses a series circuit for power supply operation. If one of the computing power board circuits or chips fails, the entire machine will be damaged. The operation will be affected and will not function properly.
The operation and maintenance level of the mining machine is also an important factor affecting the service life of the mining machine. A lot of heat will be generated during the operation of the mining machine. If the cooling system is not perfect, the continuous high temperature operation of the mining machine may cause the internal short circuit of the mining machine to shut down. In addition to temperature, too high air humidity and too much dust will affect the machine and reduce the service life of the mining machine.
Under normal circumstances, the life of a mining machine can be about 3-5 years, and a well-maintained machine can exceed five years. For miners, the economic life of the machine seems to be more of a concern.
From the perspective of machine cost and revenue, the service life of the mining machine only needs to look at the two dimensions of the machine’s operating electricity cost and mining output. Economic life will come to an end. In general, the economic life of the latest mining machines can reach more than three years.
How to extend the life of the miner?
Running miners with low electricity costs
The value of the mining output of the mining machine has always been greater than the electricity expenditure, and the mining machine can always run. With the upgrade of mining difficulty, the mining competition is getting stronger and stronger, and the computing power competition among major brands is also increasing. The energy consumption corresponding to the increase in the computing power of the mining machine is also increasing, and the cost of electricity has become one of the core competitiveness of the mining machine. Different miners have different electricity costs. According to the electricity costs of your local country, it is very important to choose the appropriate mining machine model.
Physical service life extension
The stability of ASIC mining machines is the best, among which Bitmain and Whatsminer series mining machines have certain advantages in structural design. According to our mining farm experience, the damage rates of these two brands of mining machines are also the lowest. Asic machines are relatively expensive, and the price of the machine is the most important part of the initial investment in any mining operation. The longer you can keep the machine running, the less you will pay in the long run.
The Asic is a very powerful machine, but some external factors can damage it and accelerate aging if exposed to adverse conditions. So you need to pay attention to the environment your miner is in.
First, you need to choose a suitable location to place your miner. It must be a dry room with good and constant air circulation, so a large open space should be preferred. If you don't have access to any of these places, you may need to consider installing additional fans to keep the air circulating, keep the room dry, and avoid condensation.
Second, dealing with the heat generated by miners is another key aspect of protecting ASIC machines. There are many ways to reduce the heat of mining hardware. Many mining facilities have specialized, advanced cooling systems to lower temperatures, such as utilizing cooling oil, water cooling, etc. The heat generated by ASIC machines is not useless either, other miners have come up with innovative ways to reuse it, such as heating mining pools or hot tubs, and redirecting it to greenhouses to grow crops. Not only can these methods reduce or even eliminate damage to miners from high temperatures, but they can also improve profitability by reducing costs or adding other revenue streams.
Finally, regular maintenance and cleaning of your mining hardware are critical. Removing accumulated dust not only prolongs life but also maintains high performance. The air gun is the best tool for cleaning ASIC miners. As we mentioned above, ASICs are very delicate hardware, so you should be very careful during cleaning. Find the manufacturer's instructions in the owner's manual and follow them closely. Ideally, you should have an air compressor and spray gun to blow off the ASIC fan and dust inside. However, you can also manually disassemble the miner and flash the fan - remember to be extra careful if you do this.
Remember to always store and run them in a well-ventilated, airy, temperature-controlled and humidity-free area, with the first priority being dealing with excess heat to protect your miners. Along with regular cleaning and maintenance, it will work, allowing you to enjoy your ASIC miner at peak performance for a few years.
Post time: Jul-22-2022