How Long Does It Take to Mine Enough Bitcoin for a Pair of Trump’s Sneakers with an Antminer S21?

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On February 17th, US local time, former US President Trump launched a line of gold sneakers named The Never Surrender High-Top Sneaker at a global sneaker exhibition. Priced at $399, only 1,000 pairs were available. Within hours of their launch, these sneakers were sold out. Due to high demand, their resale price quickly escalated to as high as 260,000 Hong Kong Dollars.

 

(Trump Sneakers The Never Surrender High-Top Sneaker, image source: internet)

 

Interestingly, Trump also highlighted that these sneakers could be purchased with Bitcoin. Despite his initial skepticism towards Bitcoin in 2021, he conveyed a different stance in a March 2024 CNBC interview, acknowledging Bitcoin as a viable alternative currency. He affirmed that if re-elected as President, he would not oppose Bitcoin.

 

(Trump Sneakers The Never Surrender High-Top Sneaker, image source: internet)

 

For the average person, Trump’s sneakers, priced at $399 a pair, are quite expensive. So, how long would it take for a Bitcoin miner to accumulate enough to afford these sneakers?

 

Consider the Antminer S21, one of the most efficient mining machines currently available. The S21 boasts a hash rate of 200T and consumes 3500W of power. It mines about 0.00031 Bitcoins daily. As of March 2024, this equals a mining value of approximately $21.7 per day. Factoring in electricity costs, the net daily profit is around $17.5. Thus, it would take about 23 days of mining with an S21 to earn enough Bitcoin to buy a pair of these gleaming gold Trump sneakers.

 

Brand Antminer S21
Model S21
Algorithm | Cryptocurrency SHA256 | BTC/BCH/BSV
Hash Rate 200TH/s ± 3%
Power on wall @25°C, Watt 3500w ± 5%
Power efficiency on wall @25°C, J/TH 17.5 ± 5%
Power Supply With PSU
Power supply AC Input voltage, Volt(1-1) 200~240
Power supply AC Input Frequency Range, Hz 47~63
Power supply AC Input current, Amp(1-2) 20(1-3)
Networking connection mode RJ45 Ethernet 10/100M
Miner Size (Length*Width*Height, w/o package),mm(2-1) 400*195.5*290
Miner Size (Length*Width*Height, with package),mm 570*316*430
Net weight, kg(2-2) 14.2
Gross weight, kg 16.0
Operation temperature,°C 0~40
Storage temperature,°C -20~70
Operation humidity(non-condensing) , RH 10~90%
Operation altitude, m(3-1) ≤2000

 

Imagine donning these golden presidential sneakers. Are you prepared to mine a pair with your Antminer S21?

 

This intriguing piece of Bitcoin news was compiled by SCminer for our miner friends. SCminer is an internationally renowned cryptocurrency mining machine trading company serving globally. We provide comprehensive, professional, timely, and cost-effective mining machine purchasing and hosting services to maximize your profits!

SCminer Marina

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