{"id":152176,"date":"2026-10-19T22:33:56","date_gmt":"2026-10-19T22:33:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=152176"},"modified":"2026-10-19T22:33:56","modified_gmt":"2026-10-19T22:33:56","slug":"is-now-the-best-time-to-buy-a-bitcoin-miner","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=152176","title":{"rendered":"Is Now the Best Time to Buy a Bitcoin Miner?"},"content":{"rendered":"<p> <iframe loading=\"lazy\" title=\"Is Now the Best Time to Buy a Bitcoin Miner?\" width=\"678\" height=\"381\" src=\"https:\/\/www.youtube.com\/embed\/GZPGkBExLkY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe> <\/p>\n<p>I gambled $1,200 on a used Bitmain Antminer S21 Pro capable of mining Bitcoin at 234 TH\/s. At today&#8217;s mining profitability, it&#8217;s still making money \u2014 but barely. So why did I buy it?<\/p>\n<p>I&#8217;m betting that Bitcoin mining hardware is cheap enough right now to make the risk worth taking.<\/p>\n<p>In this video, I break down what I paid for the S21 Pro, its current Bitcoin mining profitability, electricity costs, price per terahash, efficiency, and the two very different scenarios that could determine whether this turns out to be a great investment\u2026 or a $1,200 mistake.<\/p>\n<p>We\u2019ll also look at why ASIC prices tend to move with the Bitcoin market, what happens when Bitcoin price rises faster than network hashrate can respond, and the decision I could eventually face between continuing to mine or selling the ASIC for a profit.<\/p>\n<p>Bitcoin Miner: Bitmain Antminer S21 Pro<br \/>\nHashrate: 234 TH\/s<br \/>\nPower: ~3,510W<br \/>\nEfficiency: ~15 J\/TH<br \/>\nPurchase Price: $1,200 used<br \/>\nHosting Electricity: $0.085\/kWh<\/p>\n<p>Links:<br \/>\n\u26cf\ufe0f ViaBTC: https:\/\/geni.us\/viabtc<br \/>\n\ud83c\udfed Terra Hosting: https:\/\/geni.us\/terrahosting<br \/>\n\ud83e\udd8a Red Fox Crypto: https:\/\/wwww.redfoxcrypto.com<\/p>\n<p>Chat with me:<br \/>\n\ud83d\udc4b\ud83c\udffb Discord: https:\/\/discord.gg\/Kaf4dDXGJz<br \/>\n\ud83d\udcac Twitter\/X: https:\/\/twitter.com\/redfoxcrypto<\/p>\n<p>00:00 I Gambled $1,200 on a Bitcoin Miner<br \/>\n00:16 Buying a Used Antminer S21 Pro<br \/>\n01:03 Calculating Bitcoin Mining Break-Even<br \/>\n02:34 How Much Does This Bitcoin Miner Make?<br \/>\n03:14 Price Per Terahash Explained<br \/>\n04:07 Bitcoin Mining Efficiency Explained<br \/>\n05:39 ViaBTC Promo<br \/>\n06:14 Bitcoin Price vs ASIC Prices<br \/>\n07:05 Scenario #1: Bitcoin Mining Disaster<br \/>\n07:40 Scenario #2: The Gamble Pays Off<br \/>\n09:35 Bitcoin Price vs Network Hashrate<br \/>\n11:02 Should I Mine or Sell the ASIC?<br \/>\n11:24 Was This a Good Investment?<\/p>\n<p>#Bitcoin #BitcoinMining #ASICMining<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I gambled $1,200 on a used Bitmain Antminer S21 Pro capable of mining Bitcoin at 234 TH\/s. At today&#8217;s mining profitability, it&#8217;s still making money \u2014 but barely. So why did I buy it? I&#8217;m betting that Bitcoin mining hardware is cheap enough right now to make the risk worth taking. In this video, I [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-152176","post","type-post","status-publish","format-standard","hentry","category-videos"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/152176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=152176"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/152176\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=152176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=152176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=152176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}