Bitcoin mining’s job is to ensure that network transactions comply with the laws. Complex computer devices are used for tracking transactions and moving them to other computer systems worldwide. These computer systems technicians are rewarded for their efforts. This award comes from both the transaction fees and the network’s own mining reward.
Given the feasibility of Bitcoin mining, the capital and energy costs of your Bitcoin mining equipment may potentially damage your bank accounts. Choosing the wrong hardware could cost you more money than the money you receive from the Bitcoin mining industry. A list of the best Bitcoin mining hardware is available to help ensure you’re making a profit on your Bitcoin mining. Keep reading for the best Bitcoin mining equipment.
#1 – Bitmain Antminer S9i
The ANTminer S9 is considered the world’s most common bitcoin mining hardware. Fortunately, Bitmain released this May the Antminer S9i for just $499. The S9i has a Hash rate of 14 TH per second, which makes it one of Bitcoin’s most powerful mining hardware, and has an energy consumption of 1,320 watts.
The low starting cost and high efficiency of the Antminer S9i could offset its relatively high energy expenses and contribute to making some money if you are an intermediate or a professional miner trying to benefit.
#2 – Halong Mining DragonMint T1
The DragonMint T1 has the highest hash rate of 16 TH per second, of all Bitcoin mining hardware on the market. It’s the most effective and reliable Bitcoin mining program out there with an energy consumption of 1480 Watts, which is equal to 0.075 Joules per Gigahash.
Of course, the DragonMint T1 is in high demand and you have to pay a premium price of $2729 to purchase it. But the strength and efficiency of the DragonMinte T1 could compensate your high cost and help you turn a profit by becoming an expert miner with low electricity costs.
#3 – Bitmain Antminer T9
The Antminer T9 is less powerful and more effective than the Antminer S9i, but it is considered the most dependable alternative, with a hash rate of 12.5 TH per second and energy consumption of 1576watts. Compared with the S9i, it is more robust and does not burst so hard. It has better quality Chips.
The price for the Antminer T9 will be roughly $500. When you want reliable mining equipment, this is an excellent choice.
#4- Pangolin Whatsminer M3X
While the Whatsminer M3X uses the highest power of hardware in this list and requires 2,050 watts of electricity, it is one of the fastest, with a hash rate of 12,5 TH per second.
The M3X is also available for $1,022, which covers its high energy costs and lets you make money, over other powerhouse equipment. This is the right hardware for you if you are a bitcoin specialist looking for below average energy costs.
#5 – Bitmain Antminer R4
With an efficiency of 8.7 TH / second hash and low energy consumption of 845 watts, Bitmain’s Antminer R4 falls behind the Antminer S9i. Some of the best aspects of the R4 is that it operates almost silently, making it the perfect hardware for home mining.
The usability and usefulness of the R4 will cost you $2,999 if buy it on Amazon. If you are a novice or middle miner, consider using Antminer R4.
#6 – Avalon6
The Avalon6 is one of Bitcoin’s most accessible mining equipment and is one of the simplest to set up, with a price of only $300 on Amazon. The drawback is it has low performance, a 3.5 TH per second hash ratio and a relatively high 1050 watts power consumption.
Given that your power costs are a bit high, it is almost impossible to use the Avalon6 to mine more Bitcoin than it costs to run. The Avalon6 is better for beginners or hobbyists.