Baikal BK-N240 ASIC Miner: Price & Review
The Baikal BK-N240 is a compact cryptocurrency mining machine designed for CryptoNight and CryptoNight-Lite algorithms, supporting coins like Bytecoin (BCN). Released in May 2018, it offers an effective balance between mining power and energy efficiency. However, profitability is heavily influenced by electricity costs and cryptocurrency market fluctuations.
Key Features
- Hashrate: 240kh/s (upgradeable to 480kh/s).
- Power Consumption: 650W.
- Efficiency: 2.708j/kh (CryptoNight), 1.313j/kh (CryptoNight-Lite).
- Dimensions: 190 x 150 x 320mm; weight: 6.5kg.
- Noise Level: 62dB, ideal for low-noise environments.
- Connection: Ethernet.
The miner features a single fan for straightforward maintenance and effective cooling.
Profitability Overview
At an electricity rate of $0.10 per kWh, the Baikal BK-N240 generates about $0.83 daily. However, its daily operational cost is $1.56, resulting in a loss of $0.73 per day. Over time, this equates to a monthly loss of $21.81 and an annual deficit of $265.30. Prospective buyers should evaluate electricity costs and market conditions carefully before investing.
Coins You Can Mine
The Baikal BK-N240 supports several cryptocurrencies, including:
- Bytecoin (BCN): Approximately 343.64 BCN/day.
- Monero Original (XMO): Around 1.22 XMO/day.
- Karbo (KRB): Roughly 52.67 KRB/day.
Mining Pools
While no specific mining pools are mentioned, miners can explore popular pools compatible with CryptoNight algorithms to maximize their earnings.
Frequently Asked Questions (FAQ)
- Is mining always profitable? Mining profitability depends on factors like network difficulty, block rewards, global hashrate, and cryptocurrency market prices.
- How much electricity does the Baikal BK-N240 use per hour? The miner consumes 650W per hour, equivalent to 0.65 kWh.
- Does electricity cost affect profits? Yes, electricity costs significantly impact profitability. Higher rates can result in losses, while lower costs or alternative energy sources can improve margins.
- How long does this miner last? With proper use and maintenance, ASIC miners typically last between 2 to 5 years.
- Is the Baikal BK-N240 suitable for beginners? Yes, it is compact and easy to set up. However, its current profitability is low, so beginners should weigh the investment carefully.
- Where can I buy this miner? Currently, no listings are available for purchase. Prospective buyers can check with suppliers for quotes or explore secondary markets.
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Conclusion
The Baikal BK-N240 is a compact and energy-efficient ASIC miner designed for CryptoNight algorithms. It performs well technically but struggles with profitability due to electricity costs and fluctuating market conditions. Potential buyers must thoroughly evaluate these factors before purchasing to determine whether they align with their mining goals.