Crypto mining companies continue to focus on efficiency as another energy crisis looms.
Crypto mining companies have stepped up efforts to increase efficiency and reduce their environmental impact amid concerns that the Israel-Hamas war could lead to another winter energy crisis.
One such company making waves in the crypto mining market is ASICRUN, whose latest models have boosted mining efficiency, according to a press release on Monday.
According to the announcement, ASICRUN's AR1, AR2 and EliteAR miners boast market-leading hash rates.
The AR1 miner offers 1050 TH/s for Bitcoin (BTC), 400 GH/s for Litecoin (LTC) and Dogecoin (DOGE), and 20 TH/s for Dash.
The AR2 miner will step up with a rate of 2200 TH/s for Bitcoin, 900 GH/s for Litecoin/Doge, and 45 TH/s for Dash.
Considered the world's most powerful crypto miner, the top-of-the-line EliteAR miner delivers an impressive 4900 TH/s for Bitcoin, 2200 GH/s for Litecoin/Doge, and 100 TH/s for Dash.
ASICRUN has also optimized their miners to lower their power consumption, AR1 consumes 650W, AR2 1300W and EliteAR 2800W.
Based on current market conditions, an AR1 miner can earn $1,897 for Bitcoin, $3,474 for Litecoin, and $3,591 for Dash.
The AR2 miner can earn $3,974 for Bitcoin, $7,813 for Litecoin, and $8,011 for Dash, while the EliteAR miner has the potential to earn $8,853 for Bitcoin, $19,700 for Litecoin, and $17,400 for Dash.
It should be noted that ASICRUN strives to make crypto mining accessible to the masses by providing user-friendly, plug-and-play mining solutions.
These pre-configured machines only require a power source to start mining, making it easy for anyone to get involved. The company offers its customers a free mining pool.
Headquartered in Hong Kong, ASICRUN is a technology company focused on creating efficient mining rigs using the latest ASIC technology.
The Israel-Hamas war has raised concerns about another power crisis
As the ongoing conflict between Hamas and Israel raises the threat of another power crisis, Asikru's efficient mining has come.
According to a Reuters report, although the oil flow has not yet been affected, analysts and market watchers believe there could be major implications if the situation continues to worsen.
First, the United States may tighten or increase enforcement of sanctions against Iran if the country participates in Hamas attacks on Israel.
This could further affect the already underserved oil market, leading to price increases and supply disruptions.
The conflict also jeopardizes an agreement reached by the United States to normalize relations between Saudi Arabia and Israel, which could increase oil exports from the kingdom.
Any disruption of this agreement may affect oil supply flexibility and market stability.