Currently, the total network has 1116.28 EH/s of computing power, which is approximately 27.91 million machines based on a single unit of 400 TH/s.
Unit conversion: 1 EH/s = 1000 PH/s = 10⁹ TH/s, 1116.28 EH/s = 1116.28×10⁹ TH/s.
Calculation: (1116.28×10⁹)÷400 = 27907000 machines.
There are 8.34 billion people in the world, averaging about 300 people owning 1 machine.
In reality, the vast majority of people cannot own Bitcoin mining machines because they cannot afford the high electricity costs and cannot tolerate the huge noise.
According to the best-performing Antminer S21 XP Hyd 473T with a power consumption of 5676W, the daily profit at 0 electricity cost is 128.78 yuan, at 0.3 yuan electricity cost is 87.91 yuan, and at residential electricity cost of 0.78 yuan, the daily profit is 22.52 yuan, showing a significant difference.
Therefore, ordinary people cannot mine Bitcoin. Some people may recommend you to buy their Bitcoin mining machines, claiming how low the electricity costs are and how well they are managed. You must be cautious because most of them are just trying to earn your management fee share, and it's highly likely that you will never see your mining machine in front of you. The USDT you transfer to them may take many years to recover the invested amount. If you have money to buy mining machines, it might be better to directly buy some BTC and hold it for appreciation.
If you want to mine BTC, you must have a safe place, electricity costs below 0.3 yuan, basic hardware and software maintenance knowledge, and the machine should be in a place where you can see it at any time.
