Not only can this crypto mining hardware burn a hole in your pocket, but they also require constant maintenance and power. If you are an individual or a big enterprise looking for a secondary income, you can instead choose a blockchain platform such as Zionodes that provide smart contracts to make the whole bitcoin mining process more straightforward.
Regardless, it is essential to know the best mining hardware available in the market so you can make an informed choice. Today, ASICs are used to mine cryptocurrencies as they are much more efficient than CPUs or GPUs. ASICs or application-specific integrated circuit devices are specially designed mining hardware for the sole purpose of producing efficient results.
There are several ASICs in the market that can start from as low as $20 and can go as high as $10,000. While purchasing mining hardware, you must consider certain factors such as:
- Power Consumption
- Hash Rate
- Maintenance Costs
- Cooling system
By weighing the pros and cons of the mining hardware, you can decide the best choice for you to start your mining journey. Here are a few of the best crypto mining hardware present in the market.
Top 10 Bitcoin Mining Hardware
Here are the top ten bitcoin mining hardware in 2021.
1.Bitmain AntMiner S5
While not the latest variant in the long line of mining hardware from the company, this device still provides the best value for money. Unlike the newer models such as S7 and S9 that are powerful in their own rights, Bitmain AntMiner S5 requires much less power supply of 115 volts and consumes an average of 560 W.
This lower power consumption makes it ideal entry-level mining hardware for people looking to avoid high electricity bills. Regardless of the low power consumption, Bitmain AntMiner S5 can generate efficient results with a hash rate of 1GH/s with 0.51 Watts of power.
Bitmain AntMiner S5 is excellent mining hardware for entry-level and hobby miners with the additional advantage of being lightweight.
2.Bitmain AntMiner S7
The successor of Bitmain AntMiner S5, the S7 variant, is another popular mining hardware from the company. It is widely used in several mining farms in China because of its low power consumption and its adaptability to a varying power supply.
However, the profitability and efficiency of this mining hardware largely depend upon the ideal power supply and temperature. The S7 is highly susceptible to change in temperature and can produce less profitable results if the temperature exceeds 27 degree Celsius.
3.Bitmain AntMiner S9
Bitmain AntMiner S9 is one of the most powerful mining hardware in the market and can produce an impressive hash rate of 14TH/s while consuming considerably low power. This hash rate is because of the triple boards that have 189 chips between them.
When combined with a continuous power supply of 1600 W, this machine can deliver double the profits than S7. However, as this device churn out such an impressive hash rate, it requires a cool ambient temperature and will produce a significant amount of noise that can make it non-functional for small spaces.
While a relatively older model, AntMiner T9 is still one of the most powerful mining hardware in the market and one of the most expensive. This mining hardware can beat its sibling S9 in terms of efficiency because of its significantly improved chip and hardware functionality.
AntMiner T9 consumes a relatively lower power of 1450 W than S9 to produce a hash rate of 11.5 TH/s with an efficiency rate of 0.126 J/GH. While the profitability statistics of AntMiner T9 are lower than S9, its advanced stability enhancements give it an edge over S9.
AvalonMiner 741 is well-suited for small scale and hobby miners as it provides a reasonably efficient hash rate at an affordable price. AvalonMiner is a mining hardware series from Canaan, and 741 is a significant improvement from its predecessor 721 with a more robust chipset and cooling system.
This mining hardware has 88 chips with a new cooling system that can maintain an ideal temperature by facilitating ideal airflow. It can deliver a hash rate of 7.3 TH/s with an efficiency of 0.16 J’GH.
6.Bitmain AntMiner L3+
Bitmain AntMiner L3+ caters to the needs of Scrypt miners and is based on a BM1485 chip which is a significant improvement from its predecessor. This mining hardware can provide a hash rate of 504 MH/s while consuming low power of 800W.
However, users can amp up the hash rate by adding power which will automatically boost the efficiency rate. While the extra power might increase the power bill but the lower cost of AntMiner L3+ makes the investment worthwhile. Also, it is one of the few ASIC miners that are suitable for Scrypt miners.
7.Bitmain AntMiner D3
AntMiner D3, while relatively older mining hardware, is still very popular because of its ability to mine Dash efficiently. Dash was first designed to be ASIC-resistant but can be mined with great profitability using AntMiner D3.
This mining hardware can deliver a hash rate of 19.3 GH/s while consuming low power of 1350W and produces an efficiency rate of 0.07 J/MH.
Avalon6 is one of the best mining hardware for beginners and hobby-miners as it delivers excellent functionality with lower power consumption and operating noise. However, it generates a lower hash rate of 3.5 TH/s because of its lower power consumption and beginner level hardware configuration.
But, its lower noise and higher frequency clock rate can help small mining operations to produce good profits with a lower initial investment.
Dragonmint T1 is a powerful ASIC developed by Halong Mining and can produce an impressive hash rate of 16 TH/s which makes it a great option when paired with low power consumption. It consumes lower power than AntMiner S9 and produces an equally good hash rate making it a preferable choice.
Manufactured by Pangolin Miner, WhatsMiner M3X is suited for large mining operations because of its higher power consumption and loud operating noise. This device requires a constant power of 1900W to 2100W to produce a hash rate of TH/s to 13 TH/s.
These are a few of the best mining hardware available in the market. But the right fit for you will depend upon your mining operations and your requirements. While setting up a vast mining operation to achieve excellent profits might not be everyone’s cup of tea, becoming a part of these operations can be.
Zionodes offers smart contracts that allow you to purchase mining hardware and set it up in a large mining farm to effectively and quickly mine cryptocurrencies. To know more about how smart contracts work, you can contact us.