Bitcoin mining hardware and

Bitcoin Mining Hardware Guide

The best Bitcoin mining hardware has evolved dramatically since 2009

At first, miners used their central processing unit (CPU) to mine, but soon this wasn’t fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 to 100 times faster and consumed much less power per unit of work.

During the winter of 2011, a new industry sprang up with custom equipment that pushed the performance standards even higher. The first wave of these specialty bitcoin mining devices were easy to use Bitcoin miners were based on field-programmable gate array (FPGA) processors and attached to computers using a convenient USB connection.

FPGA miners used much less power than CPU’s or GPU’s and made concentrated mining farms possible for the first time.

Today’s modern and best bitcoin mining hardware

Application-specific integrated circuit (ASIC) miners have taken over completely. These ASIC machines mine at unprecedented speeds while consuming much less power than FPGA or GPU mining rigs. Several reputable companies have established themselves with excellent products.

Bitcoin Mining Hardware Comparison

Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are:

AntMiner S7

AntMiner S9

Avalon6

Best Bitcoin Mining Hardware

Two major factors go into determining the best bitcoin mining hardware: (1) cost and (2) electricity efficiency.

Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot.

ASIC Bitcoin Mining Hardware

Application-specific integrated circuit chips (ASICs) are bitcoin mining hardware created solely to solve Bitcoin blocks. They have only minimal requirements for other normal computer applications. Consequently, ASIC Bitcoin mining systems can solve Bitcoin blocks much quicker and use less less electricity or power than older bitcoin mining hardware like CPUs, GPUs or FPGAs.

As Bitcoin mining increases in popularity and the Bitcoin price rises so does the value of ASIC Bitcoin mining hardware. As more Bitcoin mining hardware is deployed to secure the Bitcoin network the Bitcoin difficulty rises. This makes it impossible to profitably compete without a Bitcoin ASIC system. Furthermore, Bitcoin ASIC technology keeps getting faster, more efficient and more productive so it keeps pushing the limits of what makes the best Bitcoin mining hardware.

Some models of Bitcoin miners include Antminer S5, Antminer U3, ASICMiner BE Tube, ASICMiner BE Prisma, Avalon 2, Avalon 3, BTC Garden AM-V1 616 GH/s, VMC PLATINUM 6 MODULE, and USB miners.

AntMiner U2

BPMC Red Fury USB

GekkoScience

Best Bitcoin Cloud Mining Services

For those not interested in operating the actual hardware then they can purchase Bitcoin cloud mining contracts. Being listed in this section is NOT an endorsement of these services. There have been a tremendous amount of Bitcoin cloud mining scams.

Hashflare Review: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s.

Genesis Mining Review: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Zcash mining contracts are also available.

Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.

Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.

Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.

Hashnest Review: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest’s website. At the time of writing one Antminer S7’s hash rate can be rented for $1,200.

Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out.

NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices.

Eobot Review: Start cloud mining Bitcoin with as little as $10. Eobot claims customers can break even in 14 months.

MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud. Some miners available for rent include AntMiner S4s and S5s.

Full List of Mining Hardware

Miner	Capacity	Efficiency	Price
AntMiner S1	180 Gh/s	2.0 W/Gh	N/A
AntMiner S2	1000 Gh/s	1.1 W/Gh	N/A
AntMiner S3	441 Gh/s	0.77 W/Gh	N/A
AntMiner S4	2000 Gh/s	0.7 W/Gh	N/A
AntMiner S5	1155 Gh/s	0.51 W/Gh	N/A
AntMiner S5+	7722 Gh/s	0.44 W/Gh	N/A
AntMiner S7	4.73 Th/s	0.25 W/Gh	N/A
AntMiner S9	13.5 Th/s	0.098 W/Gh	N/A
AntMiner U1	2 Gh/s	1.25 W/Gh	N/A
AntMiner U2	2 Gh/s	1.0 W/Gh	N/A
AntMiner U3	63 Gh/s	1.0 W/Gh	N/A
ASICMiner BE Blade	11 Gh/s	7.72 W/Gh	N/A
ASICMiner BE Cube	30 Gh/s	6.67 W/Gh	N/A
ASICMiner BE Sapphire	0 Gh/s	7.59 W/Gh	N/A
ASICMiner BE Tube	800 Gh/s	1.13 W/Gh	N/A
ASICMiner BE Prisma	1400 Gh/s	0.79 W/Gh	N/A
Avalon Batch 1	66 Gh/s	9.35 W/Gh	N/A
Avalon Batch 2	82 Gh/s	8.54 W/Gh	N/A
Avalon Batch 3	82 Gh/s	8.54 W/Gh	N/A
Avalon2	300 Gh/s	N/A	N/A
Avalon3	800 Gh/s	N/A	N/A
Avalon6	3.5 Th/s	0.29 W/Gh	N/A
bi*fury	5 Gh/s	0.85 W/Gh	N/A
BFL SC 5Gh/s	5 Gh/s	6.0 W/Gh	N/A
BFL SC 10 Gh/s	10 Gh/s	N/A	N/A
BFL SC 25 Gh/s	25 Gh/s	6.0 W/Gh	N/A
BFL Little Single	30 Gh/s	N/A	N/A
BFL SC 50 Gh/s	50 Gh/s	6.0 W/Gh	N/A
BFL Single ‘SC’	60 Gh/s	4.0 W/Gh	N/A
BFL 230 GH/s Rack Mount	230 Gh/s	N/A	N/A
BFL 500 GH/s Mini Rig SC	500 Gh/s	5.4 W/Gh	N/A
BFL Monarch 700GH/s	700 Gh/s	0.7 W/Gh	N/A
BitFury S.B.	N/A	N/A	N/A
Bitmine.ch Avalon Clone 85GH	85 Gh/s	7.65 W/Gh	N/A
Black Arrow Prospero X-1	100 Gh/s	1.0 W/Gh	N/A
Black Arrow Prospero X-3	2000 Gh/s	1.0 W/Gh	N/A
Blue Fury	3 Gh/s	1.0 W/Gh	N/A
BTC Garden AM-V1 310 GH/s	310 Gh/s	1.05 W/Gh	N/A
BTC Garden AM-V1 616 GH/s	616 Gh/s	1.05 W/Gh	N/A
CoinTerra TerraMiner IV	1600 Gh/s	1.31 W/Gh	N/A
Drillbit	N/A	N/A	N/A
HashBuster Micro	20 Gh/s	1.15 W/Gh	N/A
HashBuster Nano	N/A	N/A	N/A
HashCoins Apollo v3	1100 Gh/s	0.91 W/Gh	N/A
HashCoins Zeus v3	4500 Gh/s	0.67 W/Gh	N/A
HashFast Baby Jet	400 Gh/s	1.1 W/Gh	N/A
HashFast Sierra	1200 Gh/s	1.1 W/Gh	N/A
HashFast Sierra Evo 3	2000 Gh/s	1.1 W/Gh	N/A
Klondike	5 Gh/s	6.15 W/Gh	N/A
KnCMiner Mercury	100 Gh/s	2.5 W/Gh	N/A
KnC Saturn	250 Gh/s	1.2 W/Gh	N/A
KnC Jupiter	500 Gh/s	1.2 W/Gh	N/A
KnC Neptune	3000 Gh/s	0.7 W/Gh	N/A
LittleFury	N/A	N/A	N/A
Metabank	120 Gh/s	1.42 W/Gh	N/A
NanoFury / IceFury	2 Gh/s	1.25 W/Gh	N/A
NanoFury NF2	4 Gh/s	1.35 W/Gh	N/A
BPMC Red Fury USB	2.5 Gh/s	0.96 W/Gh	N/A
ROCKMINER R3-BOX	450 Gh/s	1.0 W/Gh	N/A
ROCKMINER R4-BOX	470 Gh/s	1.0 W/Gh	N/A
ROCKMINER Rocket BOX	450 Gh/s	1.07 W/Gh	N/A
ROCKMINER R-BOX	32 Gh/s	1.41 W/Gh	N/A
ROCKMINER R-BOX 110G	110 Gh/s	1.09 W/Gh	N/A
ROCKMINER T1 800G	800 Gh/s	1.25 W/Gh	N/A
Spondooliestech SP10 Dawson	1400 Gh/s	0.89 W/Gh	N/A
SP20 Jackson	1.3-1.7 Th/s	0.65 W/Gh	N/A
Spondooliestech SP30 Yukon	4500 Gh/s	0.67 W/Gh	N/A
Spondooliestech SP31 Yukon	4900 Gh/s	0.61 W/Gh	N/A
Spondooliestech SP35 Yukon	5500 Gh/s	0.66 W/Gh	N/A
TerraHash Klondike 16	5 Gh/s	7.11 W/Gh	N/A
TerraHash Klondike 64	18 Gh/s	7.06 W/Gh	N/A
TerraHash DX Mini (full)	90 Gh/s	7.11 W/Gh	N/A
TerraHash DX Large (full)	180 Gh/s	7.11 W/Gh	N/A
Twinfury	5 Gh/s	0.85 W/Gh	N/A
Avalon USB Nano3	3.6 Gh/s	0.85 W/Gh	N/A
GekkoScience	9.5 Gh/s	0.33 W/Gh	N/A

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Bitcoin Mining Hardware Reviews & Comparison

By: Ofir Beigel | Last updated: 1/27/21

Initially, Bitcoin mining was a simple task even home computers could participate in. Today, mining is done by ultra-powerful computers that are designed for that sole purpose. In this post I’ll cover the best mining hardware available today.

Bitcoin Mining Hardware Summary

Nowadays, the only way to participate in Bitcoin mining is through dedicated miners known as ASIC miners. As mining evolves, more and more companies begin manufacturing dedicated hardware.

The top Bitcoin miners on the market today are:

That’s Bitcoin mining hardware in a nutshell. If you want a deeper understanding of how to choose your miner keep on reading. Here’s what I’ll cover:

1. Bitcoin Mining Evolution

Before I get into the various miners on the market today, I want to make sure you’re familiar with what Bitcoin mining is. If you already know about the purpose of mining and how it integrates with the Bitcoin network, feel free to skip this part.

If not, here’s our Bitcoin mining whiteboard video to get you up to speed:

Mining has moved from being something you can do from the comfort of your own home to a specialized occupation that requires a lot of time and capital.

Miners evolved from using PCs to GPUs (graphics processing unit) and later on to FPGAs (field-programmable gate array) before reaching their current state of ASIC (application-specific integrated circuit) mining.

Today, if you try to mine with anything other than an ASIC miner, you’re in for a disappointment. ASICs are built specifically for Bitcoin mining and are therefore the most efficient type of miner out there.

For reference, a single ASIC miner has the equivalent mining power of 700 GPUs. Therefor, the massive move of miners toward ASIC hardware is easily understandable.

Clear evidence of this is the Bitcoin network total hashrate, which has exceeded the incredible milestone of 120 exahash per second (that’s 120,000,000,000,000,000,000 hash calculations per second!).

Image courtesy of blockchain.com

Today’s focus is on creating smaller chips for ASIC mining in order to produce more powerful miners. The smaller the chip, the more chips you can put inside a miner, increasing its mining capabilities.

The smallest chip introduced commercially to date is a 7 nm (nanometer) chip by Bitmain and their Antminer S17. However, 5 nm chips are expected to be introduced shortly by Bitmain and Canaan.

2. Evaluating a Miner

When you want to evaluate a miner, there are usually three main factors you need to check:

Power Consumption

How much electricity does the miner consume? This is important since you’re going to run a huge electric bill if you mine Bitcoin. This is measured in watts, and the lower the number, the better.

Hashrate

This is how much power the miner has to solve the mining math problem. It basically measures how many guesses the miner can make per second.

While a personal computer can make a few million guesses per second, today’s ASICs can make 1*10^12 guesses per second. The higher you hashrate is, the better.

Energy Efficiency

While having a high hashrate is good, if you’re wasting a lot of energy to get it you’ll be losing money in the end.

Efficiency is basically calculating how much power is required to generate a single bitcoin. An efficient miner requires less electricity to mine Bitcoin.

Efficiency is calculated by dividing energy consumption with hashrate. This way you can effectively measure miners against one another.

All of the above factors are important for calculating profitability, so make sure you have them all before proceeding.

Once you have this information, you can insert it into a Bitcoin mining calculator and estimate how many bitcoins you’ll be able to mine per timeframe.

Difficulty Factor

Hash Rate

BTC/USD Exchange Rate

BTC/Block Reward

Pool Fees %

Hardware Cost (USD)

Power (Watts)

Power Cost (USD/kWh)

Duration	Calculation	Estimated Profit in USD
Show Details Keep in mind that this calculation will never be 100% accurate since you can’t know for sure the exact difficulty measurement at the moment, or what will happen to Bitcoin’s price a week from today. 3. Notable Mining Hardware Companies Bitmain Technologies The most well-known mining hardware manufacturer around, Bitmain was founded in 2013 in China and today has offices in several countries around the world. The company developed the Antminer, a series of ASIC miners dedicated to mining cryptocurrencies such as Bitcoin, Litecoin, and Dash. Bitmain is also in charge of two of the largest mining pools around: BTC.com and Antpool. While Bitmain is respected for its technical excellence and reliable delivery, the company is also criticized by many Bitcoin enthusiasts for a variety of reasons: Its monopolization of ASIC manufacturing and mining Its role in delaying the SegWit upgrade to Bitcoin Its support and promotion of Bitcoin Cash Its alleged anti-competitive practices Its questionable methods, such as the Antbleed vulnerability and the covert AsicBoost scandal It’s likely that the bulk of mining equipment today consists of Bitmain miners, based on analysis placing Bitmain’s share of the ASIC market at 70%–80%. However, since these controversial events and some setbacks and closures, Bitmain has adopted a less aggressive business strategy. It’s likely that the bulk of mining equipment today consists of Bitmain miners, based on analysis placing Bitmain’s share of the ASIC market at 60%–70%. MicroBT MicroBT or Bit Micro is a relative newcomer to the space but a successful one; they sold 650,000 ASICs in 2019 and are shaping up to be a strong rival to Bitmain and Canaan. They are based in China, specifically the tech production hotspot of Shenzen. MicroBT manufactures the Whatsminer range of ASICs, and have so far produced 5 series in this range: the Whatsminer D1, M10, M20, M21, and the current generation M30. The company has certainly enjoyed a strong start, released some competitive products, and it will be exciting to follow their development. Canaan Creative Canaan was founded in 2013 in Beijing by N.G. Zhang. Canaan began as a producer of FPGAs, the mining hardware that preceded ASICs. In November of 2019, Canaan raised a total of $90 million by listing on the Nasdaq, a tech-focused stock market in the USA. Canaan was the first ASIC manufacturer to list publicly. Canaan is the world’s second-largest ASIC producer. The company has a wealth of experience in electronic design and production. It’s clear that this veteran industry player has big plans for its future. Innosilicon Technology Innosilicon is a hardware company with design teams in China and North America, Innosilicon pride themselves on providing low cost, high-performance, fully customizable solutions combined with award winning customer design support. Their IP can be found in millions of mobile, multimedia and consumer electronic devices such as: tablets, cell phones, HD set-top boxes, TV, cameras, network devices, computing ICs that have achieved leading market shares. The company has entered the cryptocurrency mining market and introduced the Terminator series for mining Bitcoin, with their latest miner being the T3+ Pro. GMO Internet *June 2020 update: Due to lack of profitability, GMO Internet has stopped producing mining hardware . Japanese giant GMO Internet has also introduced a line of Bitcoin miners. While GMO Internet is mainly engaged in the Internet infrastructure business, it also runs other businesses such as online advertising & media, Internet financial services, mobile entertainment, and of course cryptocurrency. The company has also launched several crypto exchanges and it runs a mining business and cloud mining contracts. Zhejiang Ebang Communication Ebang mainly engages in R&D, manufacture and sales of fiber optical telecommunication products. The company is also one of the largest ASIC chip manufacturers in their region. Ebang miners carry the Ebit brand. On April 2020 Ebang filed for an IPO on the U.S stock market listing , so the company definitely has big plans for the future. Bitfury Bitfury is a veteran Bitcoin hardware and software company formed back in 2011. The company conducts large-scale mining operations on its own and has been known to account for large amounts of the Bitcoin network hashrate. The company offers several products including an ASIC mining chip called Clarke, an enterprise grade Bitcoin mining server called Tardis and a portable Bitcoin mining data center called BlockBox. The company has data center operations in Iceland, the Republic of Georgia, Canada and Norway, which process and transmit bitcoin transactions. The blockbox ac by Bitfury 4. Best Bitcoin Miners for 2021 While you can find a wide variety of miners on the market, it’s highly recommended to use the latest models out there since they will give you the best return on investment. Here’s a short overview of the top miners around. Источник Читайте также:  Индекс доходности инвестиционных затрат Оцените статью Вам также может понравиться Ящик для фермы майнинга Какие должны быть размеры у фермы для майнинга — все Ящик для майнинга шумоизоляция Подавление шума у Асиков: шумоизоляционная камера для Ящик для майнинг фермы Как собрать майнинг ферму для Ethereum в 2021 году. 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