ASIC Miners for Mining Cryptocurrency

Cryptocurrency

ASIC Miners for Mining Cryptocurrency- Because of their high efficiency, Application-Specific Integrated Circuit (ASIC) devices or rigs, as they are known when coupled during mining, are the best for mining bitcoin. They’re designed with mining in mind.

Because each ASIC is designed to mine a specific algorithm, you’ll be able to find them for that algorithm. This means that all ASICs designed for Bitcoin can also be used to mine other cryptocurrencies that employ similar algorithms to Bitcoin’s.

This guide goes through the greatest ASICs on the market and how to utilise them to mine cryptocurrencies. The greatest Application-Specific Integrated Circuit miners for mining Bitcoin, Ethereum, and other cryptocurrencies using the SHA-256 and ETHASH algorithms are listed below.

What Are ASICs

Application-Specific Integrated Circuits are made for a specific purpose. ASICs, or application-specific integrated circuits, are microprocessors designed exclusively for mining Bitcoin, Litecoin, Ethereum Classic, and other cryptocurrencies that use proof-of-work algorithms.

This gadget is made up of many microprocessors connected together in a circuit. This circuit, which now contains over 100 million logic gates, is packaged into circuit chips that are sealed inside casings. Each one has cables or outlets/ports for connecting to the power supply, computer, and the Internet.

Because we can connect an ASIC to a computer through USB or other methods and use USB hubs or other connectivity to mine with higher hash rates, we can connect numerous of them together.

After that, you can use a computer programme to find its IP address, create a wallet, configure it into a mining pool using computer mining programmes, and control the ASICs.

They are designed for a specific application, as the name implies. They have more computing power than Central Processing Units, or CPUs, which are the processing units found within a personal computer. They also outperform Graphics Processing Units, or GPUs, which are primarily used in gaming systems.

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List Of The Top ASIC Cryptocurrency Miners

Here is the list of best ASIC miners for mining cryptocurrency:

  1. Antminer S19 Pro
  2. WhatsMiner M30S++
  3. AvalonMiner 1246
  4. Whatsminer M32
  5. AvalonMiner 1166 Pro
  6. Ebang EBIT E11++
  7. Dragonmint T1
  8. Innosilicon A10pro
  9. ASCIminer 8 Nano
  10. Bitmain Antminer S17

Antiminer S19 Pro

Best formost profitable ASIC mining of Bitcoin, Bitcoin Cash, and other SHA-256 algorithm cryptocurrencies

For the time being, the Antiminer S19 Pro is the most lucrative ASIC miner for Bitcoin and the SHA-256 algorithm. It’s made by Bitmain, a leading mining hardware manufacturer, therefore it’s a popular choice among Bitcoin mining companies and individuals.

There aren’t many gadgets that can match this equipment’s efficiency of 29.7 J/TH. The next-generation 5nm chip, a second-generation semiconductor specialised to SHA-256 mining, is used in the device.

In comparison to the other devices on our list, it is unquestionably the most cost-effective and efficient mining gadget currently available. It also outperforms the S19 Series’ other offering, while being heavier.

If you’re wondering how much money you can make with this ASIC Bitcoin mining equipment, you can expect daily profits of roughly $12 at a $0.1/kilowatt electricity cost.

You expect this device to consume only $7.80 per day while generating $37.23 in revenue at this power cost. The total profit for the year is $10,741.95. The annualised rate of return is 195 percent. The device is available with a 186-day payback period.

Weight: 15,500 g
Noise Level: 75db
Temperature: 5 – 45 °C
Maximum Hash rate: 110 Th
Power consumption: 3250 W (±5%)
Price: $2,860

WhatsMiner M30S++

Best forhigh efficient Bitcoin mining.

This device has a power efficiency of 31J/TH (joules per Tera hash), making it one of the few top Bitcoin ASIC miners that can do so. It measures around 16.875″ in length, 5.75″ in width, and 8.8125″ in height. When the device is in use, the power efficiency, power consumption, and hash rates do not vary by large margins, according to testing. The algorithm is SHA-256, which is used to mine Bitcoin and over a dozen other cryptos.

The Whatsminer M30S+ is outperformed by this gadget. MicroBT, situated in Shenzhen, manufactures it, and it comes with a 6-month warranty, a 135-day payback period, and plastic material. It uses a LAN connection to connect to the computer.

Weight: 10,500 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 112TH/s±5%
Power consumption: 3472 watts+/- 10%
Price: $3,999

AVALONminer 1246

Best for reliable and managed ASIC mining.

Canaan, a well-known Bitcoin mining gear business with significant power consumption, created the ASIC mining equipment. This miner has a power efficiency of 38J/TH and can mine Bitcoin and other SHA-256 algorithm coins.

The Avalonminer 1246 has a well-thought-out design that provides dependability. 285V, 16A, 50Hz to 60Hz AC is the power source. It fits easily, even in a cabinet, with dimensions of 331 mm X 195 mm X 292 mm.

For greater cooling, the device includes 12038 cooler master fans that can withstand extreme temperatures. Two 7-blade fans take in air from the front, and the fan design and integration prevent dust from accumulating on the dashboard.

This also eliminates the possibility of the device short-circuiting while in use. If the machine fails and the hash rate is tampered with, the device has an auto alert mechanism that will notify you. It will shut down on its own.

A built-in chip examines hash rate using clever algorithms and recognises scenarios of hash rate changes, according to the device.

Weight: 12,800 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 90Th/s
Power consumption: 3420W
Price: $3,890

WhatsMiner M32

Best fornon-profitable mining of SHA-256 algorithm coins.

Despite its poor profitability, this device can effectively mine SHA-256 algorithms at an efficiency of 0.054j/Gh. As a result, we may use it to mine Bitcoin, Bitcoin Cash, Bitcoin BSV, Peercoin, eMark, Unbreakable, Joulecoin, Curecoin, and Acoin using ASICs. It has dimensions of 230 x 350 x 490mm.

It has two fans to help with cooling, however the noise level makes it unsuitable for use in residential areas.

When mining with this equipment, you may expect a monthly loss of $12.47 based on the profitability rating of $0.42/day. It may be connected to SlushPool, NiceHash, Poolin, AntPool, ViaBTC, and almost any other mining pool that supports SHA-256 ASIC mining.

Weight: 10,500 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 68TH/s +/- 5
Power consumption: 3312 watts +/- 10%
Price: $3,557

AvalonMiner 1166 Pro

Best forhigh hash rate mining.

Bitcoin, Bitcoin Cash, Bitcoin SV, and other SHA-256 coins are mined with AvalonMiner 1166 Pro. It was released in August 2020 and has a far higher hash rate and power consumption than the majority of the devices on this list.

Given that it is manufactured by Canaan, a leader in mining hardware and one of China’s National high-tech firms, it is a popular Bitcoin ASIC mining device.

The device is 16 nm in size and has a 0.042 j/Gh efficiency, indicating that it is still viable Bitcoin ASIC mining technology. There are also four cooling fans on the device. This device will cost $2.77 per day, $83.10 per month, and $1,011.05 per year, depending on the electricity costs in your area.

Weight: 12800g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 81TH/s
Power consumption: 3400 watts
Price: $3,000

Ebang EBIT E11++

Best for fault-protected board mining.

This Ebang device can mine Bitcoin using SHA-256 mining algorithms. It was published in the year 2018. Its boards use the most up-to-date 10mn chip available in the mining board sector. Aside from the two independent boards, it has a fault prevention kit that must be linked to the breakout boards to prevent the board powered by 2PSUs from being damaged.

Even in huge mines, the Ebang EBIT E11++ may be efficiently monitored using cluster management software systems. With the correct software, a user may instantly change IP addresses, mining pools, and numbers. The profit ratio is 78 percent when applied appropriately, and the annual return percentage is 77 percent.

A 470-day repayment term is also available from the manufacturer. According to study, it can mine Bitcoin profitably at a rate of $2.22 per day.

Under addition to the cooling fan, it has independent heat sinks that use bonding technology to keep temperatures in check. The efficiency of the gadget is roughly 0.045j/Gh. However, the noise level is excessively great, and the device generates a lot of heat when this happens. It is best to utilise it in non-residential areas because to the high noise level.

Weight: 10000g
Noise Level: 75db
Temperature: 25°C
Maximum Hash rate: 44TH/S (-5%?+10%)
Power consumption: 45W/T ±10%
Price: $2,024.00

DragonMint T1

Best for low temperature ASIC mining.

The Halong Mining Company’s DragonMint T1 ASIC mining device uses the SHA-256 algorithm and is manufactured by Halong Mining Company. It was released in 2018, and it was developed in collaboration with a Bitcoin Core developer. It has the ability to mine Bitcoin, Bitcoin Cash, Bitcoin SV, and seven more cryptocurrencies that employ the same algorithm.

FCC, EMC, LVD, and CE power unit certification are among the features. It has a temperature control system that keeps it cool even during long mining sessions. At 240V, the gadget is powered by two 9-blade variable revolution 1480W fans. These ensure that the device’s temperature does not surpass 77 degrees Fahrenheit.

Weight: 6000 g
Noise Level: 75db
Temperature: 0 – 40 °C
Maximum Hash rate: 16 Th/s
Power consumption: 1,480 W
Price: $2,729

Innosilicon A10 Pro

Best for Ethereum mining.

First, there’s the Innosilicon A10 Pro+, which runs at 750 MH/s and outperforms this ASIC mining equipment. The device is sold by the maker, Innosilicon, with a 121-day payback period. It is used to mine Ethereum because it is an Ethash algorithm mining machine. It was released in 2020 and has dimensions of 136 x 282 x 360mm.

It has a 10 A power rating and a LAN connector. It is one of the most profitable Ethereum miners out there, according to Ethereum ASIC mining equipment reviews. You may expect the machine to make roughly $34.78 per day, $1,043 per month, and $12,521 per year, depending on the electricity prices. Its machine efficiency is estimated to be around 1.92j/Mh.

Weight: 8100g
Noise Level: 75db
Temperature: 0 – 40 °C
Maximum Hash rate: 500MH/s (± 5%)
Power consumption: 950w (+/- 10%).
Price: $2,580

ASICminer 8 Nano

Best forresidential mining.

The ASICminer 8 Nano is extremely long-lasting, with a mining time of up to 50,000 hours. The machine, arguably, will continue to perform even if 35% of the fans are turned off, and can be used in residential locations due to its extremely low noise level when compared to the others on this list.

It can mine all coins based on the SHA-256 algorithm as a SHA-256 algorithm mining equipment. This may be accomplished with a cool efficiency of 0.044 J/GH10%. The machine’s dimensions are 500mm x 500mm x 235mm. According to user ratings, mining BTC with this equipment can yield up to $13.87 per day. The profitability of other coins varies.

In less than an hour, two workers can manufacture 50 miners for a mining company. It connects through a 10-meter LAN wire and a built-in power supply.

Weight: 27000g
Noise Level: 47db
Temperature: 10°C to 45 °C
Maximum Hash rate: 58TH/s ±10%
Power consumption: 2500W±10%
Price: $1,200

Bitmain Antminer S17

Best for non-residential multi-crypto mining.

The Bitmain s17 is designed to mine SHA-256 algorithms such as Bitcoin, Bitcoin Cash, and Bitcoin BSV. In reality, you can mine over 40 coins with this gadget, the majority of which are still profitable. With a profit ratio of 55 percent and a 126 percent yearly return rate, it outperforms certain mining hardware on the list.

The device has 144 chips and four fans to prevent overheating at the 7nm chip scale. It has three chipboards and measures 178 x 296 x 298mm, with a payback period of 288 days, demonstrating Bitmain’s confidence in the device’s production.

When mining Bitcoin, you expect this device to make a profit of $12.26 at a cost of $0.1 per kilowatt. Your annual profit will be $4,474.90. However, in comparison to the other gadgets on this list, the noise levels are excessive. In addition, the hash rate is a little lower.

Weight: 9500g
Noise Level: 82db
Temperature: 5°C to 45 °C
Maximum Hash rate: 53TH/s
Power consumption: 2385W
Price: $1,590.99

Conclusion

This article covered the greatest and most powerful ASIC miners for mining Bitcoin, Ethereum, and other SHA-256 or ETHASH-based coins. When selecting for an ASIC miner, the most important element to consider is profitability, but you should also check the energy efficiency, heat dissipation, and cooling potential.

It’s also a good idea to buy a miner that can be used to mine other coins, and all of the ones on our list meet that description perfectly.

The majority of the items on this list can be used for non-residential mining, but some, like the Antiminer S19 Pro, are also excellent industrial mining choices. This is the best mining rig money can buy, and it isn’t even the most expensive on our list. S19 Pro may achieve hash rates of over 100 Tera hash per second when used in conjunction with the WhatsMiner M30S++.

For home-based mining, we recommend ASICminer 8 Nano; otherwise, all of the others are excessively noisy. If you want the most ASIC Ethereum miner, go with the Innosilicon A10 Pro+, which can also be used to mine other coins after Ethereum switches to the proof of stake method.

Frequently Asked Questions 

Q #1) Is ASIC mining profitable?

Bitcoin mining is viable if you have inexpensive electricity and efficient hardware. Although mining hash rate modifications will undoubtedly be a determinant of demand and pricing, profitability is also determined by the price of a coin.

It can be profitable or not depending on the economics of a particular blockchain and coin. When mined through a mining pool, it is profitable. With online calculators, you can quickly determine the profitability of ASIC mining for a certain cryptocurrency.

Q #2) Is ASIC mining profitable in 2021?

In 2021, bitcoin mining using an ASIC will be profitable. A miner might earn 6.25 coins every 10 minutes as of August 2021. In addition, after mining a block, miners received transaction fees ranging from 5% to 10% of the reward. You can calculate and follow the profitability of Bitcoin mining in 2021 using an online calculator.

Q #3) Is ASIC mining better?

Yes, it is correct. In the mining of cryptocurrency, they outperform CPUs and GPUs. They have increased computing power, which allows them to process significantly more data per unit of time.

They also save more power and are classified as Gh/s, Th/s, or Mh/s in terms of hashing power or hash rate (hertz per second). Currently, the ones with the highest ratings have terra hash ratings.

Q #4) What ASICs can mine Ethereum?

The Bitmain Antminer E9 is designed to mine Ethereum at up to 3GH/s hash rate. A10 Pro is another miner designed for Ethereum ASIC mining. The Antminer E3 has a hash rate of 190 MH/s, the InnoSilicon A10 ETHMaster has a hash rate of 700 MH/s, and the InnoSilicon A10 Pro has a hash rate of 700 MH/s.

Q #5) Which are the best Bitcoin ASIC miners?

The S19 is the most recent and best Bitcoin ASIC miner to date, with the Pro version capable of hashing at 110 TH/s. Apart from the S19 Pro, the miner has two other models: Antminer T19 and Antminer S19.

Q #6) How do ASIC miners work?

These are application- or program-specific mining microprocessor circuits designed to mine a specific blockchain algorithm using proof-of-work algorithms. Hashing data in each submitted transaction is matched with preset data and a golden nonce by the miners, who perform complex calculations known as hashes.

A nonce is a number added to an encrypted or hashed block of a blockchain that, when rehashed, meets the difficulty level restrictions. It entails using miners to perform guesswork calculations, and the calculations must be completed quickly before the allotted time to mine a block expires.

The calculations verify that the transactions are legitimate and secure for the network, as well as that they meet certain criteria before being allowed on the network.

Jennifer Thomas
Jennifer Thomas is the Co-founder and Chief Business Development Officer at Cybers Guards. Prior to that, She was responsible for leading its Cyber Security Practice and Cyber Security Operations Center, which provided managed security services.