2200W StrongU Miner STU-U6 512 Bit Asic Crypto Miner Farm

The Profitability of StrongU STU-U6
There’s a profit ratio of -39 percent with today's market conditions and an annual return percentage of -139 percent. For the miner to be profitable, you have to know your electricity rates. The profit will also depend on the market’s current condition.
Once the market favors the Dash coin, then the miner becomes highly profitable. Ensure you know and understand the market for this coin and work on the best time to mine it.

Warranty of the STU-U6 Miner
There’s a 180-day period that covers the initial buyer in terms of the warranty.

Reducing Return Volatility with Mining Pools

The same thing is true for Bitcoin and cryptocurrency mining.

If you have a 1TH machine and the Bitcoin Network total hashpower is 1 PetaHash then you have a 1 in 1000 chance of solving the block every ten minutes. You might not solve it for long periods, but by joining together with other miners in a pool you can form a syndicate and work in concert - and split the returns according to what percentage of the hash power you contribute to the pool. So if you have 10 TH of a 100 TH mining pool and you win the block reward of 12.5 Bitcoins – you would receive 10% or 1.25 BTC.

With mining, it is important to understand the different types of blocks involved, because of the effect it can have on your expected income. This article provides a comprehensive insight into orphan, uncle & genesis blocks.

Mining pools are a good way of smoothing your returns, but there is a cost – usually 1-2% of your winnings. Instead of hooking up your Bitcoin miner that you have bought – you can outsource it further by buying a mining contract that gives you rights to a certain amount of hash power for a certain period of time. This is called cloud mining.

See our guides on how to join a mining pool and comparison of Bitcoin mining contracts that you can buy off the shelf.