I’ve recently started doing more research into crypto as it has interested me and I’ve been seeing related content pop up. I’ve been researching specifically the mining process and had a few questions around it;
I’ve been looking at a number of rigs but this is one that caught my eye in particular: [https://www.asicminervalue.com/miners/bitmain/antminer-s19-95th](https://www.asicminervalue.com/miners/bitmain/antminer-s19-95th)
As you can see it shows it being extremely profitable, and I’ve found them for sale for less then $2k. I’m a bit skeptical because when things seem too good to be true they usually are, I contacted one supplier who also confirmed that it made $37/day, but they seemed a bit off so I thought I would check here.
My main concern lies in the actual process. I have limited knowledge of the process but it sounds like the machine is guessing these 64 digit hashes but if another machine arrives at an answer less than or equal to the actual code they get the ‘reward’ for the process and you may not. If that is the case I don’t know how you can make a steady profit from these machines aside from if you are being paid for attempts instead of actual solved hashes.
My main question is simply if these machines actually do generate a static profit every single day or if this is actually too good to be true.
Thanks for any info!