Weekly Mining Insights from Spider Pool
(Mondays, Wednesdays & Fridays)
Market Updates
- BTC surpasses $12,000, marking a 3.74% daily gain.
- DeFi sector crosses $11B total market capitalization.
- Pierre Rochard offers 1M satoshis bounty for accurate ETH supply calculations.
- South Korean highways adopt blockchain-based toll payments.
- Grayscale founder: "BTC consistently outperforms gold across all timeframes."
- All LINK holders currently profitable per on-chain data.
- China's Commerce Ministry reports 300%+ growth in blockchain/emerging tech service exports.
- Morgan Creek co-founder: "Bitcoin is the world’s only provably scarce money."
Market Analysis
Bitcoin (BTC)
- Strong rebound with no immediate resistance; next key level at $13,200.
Ethereum (ETH)
- Weekly charts confirm bullish trend; 2019 high breached and held. Next target: $650.
Mining Equipment ROI
BTC Network (123.04 EH/s | $0.022/kWh)
| Model | Power Cost % | Daily Profit |
|---------------------|--------------|--------------|
| Antminer S19 Series | 27% | $49.8/unit |
| Antminer T17+ | 42% | $22.8/unit |
| Whatsminer M30 | 28.7% | $47.3/unit |
| Whatsminer M21 | 50% | $15.1/unit |
ETH Network (206.5 TH/s | $0.04/kWh)
| Equipment | Hashrate | Power Cost % | Daily Profit |
|--------------------|----------|--------------|--------------|
| Spider 588S 8-GPU | 240Mh/s | 19% | $55.2/unit |
| GTX 1080Ti 8-GPU | 440Mh/s | 16.5% | $104.4/unit |
| A10 Pro | 485Mh/s | 5.9% | $129.7/unit |
👉 Maximize your mining returns with Spider Pool's optimized solutions
Spider Pool’s Ethereum Dominance
As of August 9, Spider Pool commands 18 TH/s Ethereum hashrate, securing #3 global rank.
Why Miners Choose Spider Pool:
- Joint Mining Program: Zero management fees & waived electricity deposits during promotion.
- Security: Hardware-level encryption + regular penetration testing.
- Financial Backing: $100M liquidity pool for hedging/loans via partnerships with Huobi Group, Node Capital, and ChainUp Capital.
- Support: 24/7 dedicated account managers + real-time market analysis.
"We merge institutional-grade infrastructure with miner-centric financial tools to de-risk and amplify returns." — Spider Pool Team
FAQ
Q: How does joint mining reduce costs?
A: By pooling resources, miners access bulk electricity rates and share infrastructure overhead.
Q: What makes Spider Pool’s security unique?
A: Multi-signature cold wallets + bi-annual third-party audits.
Q: Can I monitor my rigs remotely?
A: Yes! Our dashboard provides real-time hashrate/temperature alerts.
👉 Start joint mining today with Spider Pool’s billion-dollar liquidity backing
Disclaimer: This content does not constitute financial advice. Always conduct independent research.