Here we have reviewed the top Bitcoin Mining Hardware along with a comparison to guide you in selecting the best bitcoin miner:
The best method of mining Bitcoin or cryptocurrencies in a large-scale arrangement is to purchase reliable mining hardware and configure it to a cloud-based cryptocurrency mining pool.
You can use online calculators with the mining pools or other platforms to calculate profitability even before you buy a Bitcoin mining hardware. They are rated based on their hash rate, power consumption, operating temperatures, and algorithms that they mine.
This tutorial looks at the top and best Bitcoin miners and ranks them based on various aspects. We will also learn different issues through the FAQ section, tips on selecting mining hardware, and facts about mining crypto.
What You Will Learn:
Bitcoin Mining Hardware Review
Pro-Tips:
- Bitcoin mining profitability depends on price, cost of power, and machine efficiency. Ensure to use online profitability calculators and read reviews before buying the best Bitcoin miner. Otherwise, as per the Bitcoin mining profitability chart, the current profitability is 0.2906 USD/Day for 1 TH/s.
- While purchasing second-hand equipment for mining Bitcoin or crypto, check its condition, efficiency, and power consumption. Some can still mine crypto, but most disposed types of equipment are not profitable anymore.
- An online hash rate calculator can help you determine your actual hash rate when mining. On such a calculator, you simply input information about your equipment like power consumption, mining fees, and other information.
Fact Check: Bitcoin mining hash rate and the difficulty keeps changing, and this affects profitability with your miner. The two are affected by the total number of mining machines mining the crypto at the given time and have been increasing.
These values can be tracked online, for instance, from BTC.com, which shows current values as of 8 September 2021 to be 135.54 EH/s and 18,415,156,832,118 respectively. Therefore, it pays to have a strong ASIC miner with a very high hash rate and to connect it on a mining pool to mine BTC profitability. Mining pools pay according to the hash rate you connect or sell to them.
When the above hash rate and difficulty drop, it becomes easier and more profitable to mine. Bitcoin is also more profitable to mine at a high price.
Bitcoin Mining hash rate and difficulty:
Frequently Asked Questions
Q #1) Which hardware is best for Bitcoin mining?
Answer: The leading Bitcoin mining hardware is Antminer S19 Pro, WhatsMiner M30S+, WhatsMiner M30S++, AvalonMiner 1246, and WhatsMiner M32-62T. These vary in terms of hash rate ratings, power consumption, and price. You can track the profitability of each one of them online through profitability calculators with mining pools.
Q #2) Can I mine Bitcoin on my PC?
Answer: Yes, you can mine Bitcoin using PC hardware though it is not the best Bitcoin miner as it generates low profits and is slow. You do this by downloading software from NiceHash and connecting with a mining pool.
Here, you effectively sell the hash rate to NiceHash to mine BTC and get your rewards after some time. A dedicated Bitcoin miner is the best way to mine BTC.
Also read =>> Best Bitcoin Cloud Mining Sites
Q #3) How long will it take to mine 1 BTC?
Answer: It would take 1,273.7 days to mine 1 Bitcoin with the hash rate and difficulty on Tuesday, September 07, 2021. That is when using a hash rate of 110.00 TH/s consuming 3,250.00 watts of power at $0.05 per kWh. You can use this calculator to determine how long you would mine at your own hash rate and cost of power.
When you connect a cryptocurrency miner to a mining pool, it takes quite some time to generate over 1 BTC depending on the pool you use. However, it depends on your hash rate too. It is a competitive process and most powerful pools win more blocks per given time.
Most mining pools win blocks and then divide the proceeds to those who are combining their hash rates to mine on the said pool. They also deduct a commission. As a solo miner, it would take five years to mine 1 BTC at the current difficulty level. With pools like TCC, F2Pool, Poolin, BTC.com, and Slush, it takes lesser.
Q #4) Are Bitcoin miners worth it?
Answer: Yes and No. It depends on how powerful the machine is in terms of hash rate, power consumption, and other profitability determining factors.
With the best Bitcoin miners connected to a pool, you can expect a decent earning depending on the cost of power in your area. Check that the equipment you are buying can generate profits. Do your research on the matter.
Q #5) Is Bitcoin farming illegal?
Answer: Barely it is. No jurisdiction has laws prohibiting Bitcoin mining or ownership and where there are, then Bitcoin is a sort of global currency that can be operated and used anywhere. Some countries discourage mining and owning due to hefty power consumption and price volatility.
It is important to check the legality and usability of Bitcoin in your area of operation before mining.
Q #6) How much money do Bitcoin miners make for a year?
Answer: With powerful Bitcoin mining hardware, you can generate a profit of even $100 per day per miner on a mining pool. It will depend on how many hash rates your machine can generate per second, the cost of electricity, and the difficulty of the network.
Some miners report that they make above $50,000 per year from crypto mining, others hundreds of thousands of dollars. It depends on how many miners you have on a rig too. There is no guarantee.
With a Bitcoin mining machine rated 110 Th/s, power consumption 3250 W, and $0.05 kW/hr electricity cost, you earn $34.73 per day.
Q #7) Where can I mine Bitcoin for free?
Answer: You can download mining software like the NiceHash CPU miner, EasyMiner GUI miner for Windows, Linux, and Android; and BTCMiner that has a USB interface. Other free mining software includes MinePeon. Otherwise, the best-proven way of mining BTC is by buying a mining rig and connecting to a mining pool and BTC wallet.
List of the Top Bitcoin Mining Hardware
Here is the list of the most popular bitcoin miners:
- Antminer S19 Pro
- Antminer T9+
- AvalonMiner A1166 Pro
- AvalonMiner 1246
- WhatsMiner M30S++
- WhatsMiner M32-62T
- Bitmain Antminer S5
- DragonMint T1
- PangolinMiner M3X
Comparing the Best Bitcoin Miner Hardware
| Bitcoin Mining Hardware | Hashpower | Algorithm/ Crypto to mine | Price | Our Rating |
|---|---|---|---|---|
| Antminer S19 Pro | 110 Th/s | SHA-256 | $2,860 | 4.6/5 |
| AvalonMiner A1166 Pro | 81TH/s | SHA-256 | $1,550 | 5/5 |
| AvalonMiner 1246 | 90Th/s | SHA-256 | $3,890 | 4.7/5 |
| WhatsMiner M30S++ | 112TH/s±5% | SHA-256 Bitcoin mining and over 10 other crypto | $3,890 | 4.8/5 |
| WhatsMiner M32-62T | 62TH/s +/- 5 | SHA-256 | $1,100 | 4.5/5 |
Top Cryptocurrency Mining Hardware review:
#1) Antminer S19 Pro
Best for industrial mining.
The Antminer S19 Pro ASIC Bitcoin miner hardware is currently the best cryptocurrency mining hardware with which to mine Bitcoin and other SHA-256 cryptocurrencies. This is given the highest hash rate, efficiency, and power consumption.
At the power efficiency of 29.7 J/TH, this crypto mining hardware generates a profit of $12 daily with an electricity cost of $0.1/kilowatt.
This puts the annual return percentage at 195 percent and the payback period is just 186 days. It operates maximally at a humidity of between 5 and 95%. Like with all other hardware mining for cryptocurrencies, you can connect the device to different mining pools like Slushpool, Nicehash, Poolin, Antpool, and ViaBTC.
Features:
- Board built with the next-gen 5nm chip.
- Size is 370mm by 195.5mm by 290 mm.
- Features 4 cooling fans, 12 V supply unit, and Ethernet connectivity.
Hashrate: 110 Th/s
Power consumption: 3250 W (±5%)
Noise level: 75db
Temperature range: 5 – 40 °C
Weight: 15,500 g
Price: $2,860
Website: Antminer S19 Pro
#2) Antminer T9+
Best for experimentation, testing miner settings, and operations.
Although not directly sold by Bitmain at the moment, the device is available through different third-party traders and on Amazon and eBay. It features 3 chipboards of 16nm. Released in January 2018, the device is low-cost since you can get it for $430 without the power supply. The device uses an ATX PSU power supply with at least 10 six-pin PCIe connectors.
However, it appears the device has a negative profit ratio of -13% and the return per day is estimated to be around $ -0.71 given the 0.136j/Gh power efficiency. However, NiceHash puts profitability at 0.10 USD per day when mining with it via their pool.
Features:
- Features 2 cooling fans.
- Size is 125 x 190 x 320mm
Hashrate: 10.5Th/s
Power consumption: 1432 W
Noise level: 76db
Temperature range: 0 – 40 °C
Weight: 4,200g
Price: $430
Website: Antminer T9+
#3) AvalonMiner A1166 Pro
Best for experienced Bitcoin and SHA-256 miners.
AvalonMiner A1166 Pro mining rig mines SHA-256 algorithm cryptocurrencies like Bitcoin, Bitcoin Cash, and Bitcoin BSV. However, you can still mine Acoin, Crown, Bitcoin, Curecoin, and other coins based on the SHA-256 algorithm.
It is a profitable device to mine with. At a $0.01 per kilowatt power cost, you expect $2.77 per day, $83.10 per month, and $1,011.05 per year from the device.
Produced by a company that has manufactured leading mining devices before, it is certainly popular among those mining cryptocurrencies today. At an efficiency of 0.042 j/Gh, the device is one of the most efficient mining hardware around. At 63Th/s efficiency, the device manages an efficiency of 0.052j/Gh.
Features:
- It is equipped with four cooling fans.
- Humidity should be between 5% and 95% for the equipment to operate normally.
- The size is 306 x 405 x 442mm.
Hashrate: 81TH/s
Power consumption: 3400 watts
Noise level: 75db
Temperature range: -5 – 35 °C.
Weight: 12800g
Price: $1,550
#4) AvalonMiner 1246
Released in January 2021, the AvalonMiner 1246 is certainly one of the top Bitcoin miner hardware for SHA-256 algorithm coins like Bitcoin and Bitcoin Cash given its high hash rate.
At a power efficiency of 38J/TH, you expect to make between $3.11/day, $93.20/month, and $1,118.35/ year with the device. That depends on the price of mined BTC and power cost in your mining area. It is one of the best Bitcoin mining hardware when looking for advice that accommodates.
Features:
- Equipped with two 7-blade fans that help cool. The fan design prevents dust accumulation on the dashboard, hence preventing short-circuiting and prolonging machine lifespan.
- Auto alert in case of malfunctioning that affects the hash rate. This also helps in hash rate auto-adjusting. This can help prevent or act in case of network attacks and potential loopholes for attacks.
- Size is 331 x 195 x 292mm.
- Connects via Ethernet cable and is equipped with 4 cooling fans.
Hashrate: 90Th/s
Power consumption: 3420 watts+/- 10%
Noise level: 75db
Temperature range: 5 – 30 °C
Weight: 12,800 g
Price: $3,890
#5) WhatsMiner M30S++
Best for experienced Bitcoin and SHA-256 miners.
The MicroBT Whatsminer M30 S++, as it is called, is the latest from the company and one of the fastest cryptocurrency mining hardware, given its hash rating.
Released in October 2020, the device mines SHA-256 Algorithm cryptocurrencies and hence is used to mine mainly Bitcoin, Bitcoin Cash, and Bitcoin BSV, given the high price for these coins, their hash rate, and profitability.
Given that it is a high power consumption device, it may not be very recommendable for new miners. It is best used for mining where electricity supply is affordable because then, you can get an average daily profit between $7 and $12 if the power cost is $0.01 after deducting power costs. It has a mining efficiency of 0.31j/Gh.
Features:
- It draws 12V of power.
- Connects via Ethernet cable.
- Size is 125 x 225 x 425mm.
- Equipped with 2 cooling fans.
Hashrate: 112TH/s±5%
Power consumption: 3472 watts+/- 10%
Noise level: 75db
Temperature range: 5 – 40 °C
Weight: 12,800 g
Price: $3,999
Website: WhatsMiner M30S++
#6) WhatsMiner M32-62T
Best for testing miner settings and experimentations.
The WhatsMiner M32 is used to mine the SHA-256 algorithm cryptocurrencies and manages a power efficiency of 50 W/Th. Released on 1 April 2021, the crypto mining hardware is easy to deploy and adapt to mining farms regardless of size. The device can mine Bitcoin, Bitcoin Cash, Bitcoin BSV, and 8 other coins.
At that low hash rate and high power consumption, you expect little from this Bitcoin mining hardware compared to other top performers on this list.
At a power efficiency of 0.054j/Gh, expect the Bitcoin miner hardware to generate around $10.04/day profit, but that depends on the cost of power at your mining location.
Features:
- Has two cooling fans.
- Size is 230 x 350 x 490mm.
- Ethernet connectivity.
Hashrate: 62TH/s +/- 5
Power consumption: 3536W±10%
Noise level: 75db
Temperature range: 5 – 35 °C
Weight: 10,500 g
Price: $1,100
Website: WhatsMiner M32-62T
#7) Bitmain Antminer S5
Best for beginner miners, experimentation.
Antminer S5 is a popular option for many looking for SHA-256 algorithm crypto hardware mining equipment. It has been around for quite some time since its release in 2014 and has been outshined by the latest models.
Depending on the cost of power and Bitcoin price, the Bitcoin mining hardware or equipment has a profit ratio of -85 percent and an annual return percentage of -132 percent.
At an efficiency of 0.511j/Gh and given the hash rate, it is not effective any longer for mining BTC as it records profitability of $-1.04 per day. It is only possible to profit from it when the BTC price is very high and power costs very low. Given low to no profitability, it is best only for experimenting with hardware, firmware, and software tweaks.
At 1.155Th/s, there isn’t much to expect from this device although the power consumption is low at 590 W. Plus the fact that you can buy the cryptocurrency mining hardware for just $190-299 for a used and $413 for a new one. It makes it most suitable for beginner miners than mining plants.
Features:
- The 120 nm fan produces more noise than even an industrial vacuum.
- Size is 137 x 155 x 298mm.
- Features 1 cooling fan, 12 V power inputs, and Ethernet connectivity.
- Lightweight plastic materials make it weigh just 2,500g.
Hashrate: 1.155Th/s
Power consumption: 590 W
Noise level: 65db
Temperature range: 0 – 35 °C
Weight: 2,500 g
Price: $413
Website: Bitmain Antminer S5
#8) DragonMint T1
Best for low-temperature ASIC mining.
The DragonMint T1 was released in April 2018 and among the devices reviewed in this list, it probably manages the highest hash rate at 16 Th/s. And given the power consumption is also considered; expect to generate a profit of about $2.25/day on average given the equipment’s power efficiency of 0.093j/Gh.
The crypto mining hardware is sold with a six-month warranty to the original buyer. It also looks quite affordable compared to most devices on this list. The equipment mines SHA-256 algorithm cryptocurrencies like Bitcoin, Bitcoin Cash, and Bitcoin BSV.
Features:
- 125 x 155 x 340mm which means it does not take a lot of space.
- Three chipboards.
- 12 V power supply max, which makes it more reliable.
Hashrate: 16 Th/s
Power consumption: 1480W
Noise level: 76db
Temperature range: 0 – 40 °C
Weight: 6,000g
Price: $1,371
#9) Ebang EBIT E11++
Best for advanced mining of crypto, industrial mining.
The Ebang Ebit E11++ also mines SHA-256 cryptocurrencies like Bitcoin, despite having a low hash rate of 44Th/s. It uses two hashing boards, with one powered by 2PSUs to prevent damage on it. At an efficiency of 0.045j/Gh, you expect the equipment to generate a daily returns average of $4 while monthly returns are $133.
Its profitability is around $2.22/day when mining Bitcoin, although that depends on crypto price and cost of electricity. With the equipment, you can also mine eMbark (DEM), Terracoin (TRC), Bitcoin SV (BSV).
Features:
- The independent heat sink makes it of excellent heat dissipation because it uses the latest bonding technology.
- Board employs the latest 10mn chip technology.
- Sold with a fault protection kit to be connected to the breakout boards.
- The power supply uses an X-adapter revision X6B and a 2Lite-on 1100WPSU.
- Features Ethernet connectivity, 2 fans for cooling, and the power range are 11.8V to 13.0V.
Hashrate: 44Th/s
Power consumption: 1980W
Noise level: 75db
Temperature range: 5 – 45 °C
Weight: 10,000 g
Price: $2,595
#10) PangolinMiner M3X
Best for affordable mining of crypto.
The PangolinMiner M3X is a new miner in the market but capable of generating around $901 in ROI based on reviews. At $1,188, the Bitcoin miner hardware is also considerably affordable compared to many others on this list even when that is evaluated in considering the hash rates.
This Bitcoin miner hardware is used to mine SHA-256 algorithm cryptocurrencies like Bitcoin, Bitcoin Cash, and Bitcoin BSV. You can use it to mine up to or more than 42 coins. You also get a guarantee of 180 days. The break-even period is expected to be around 180 days.
At a power efficiency of 0.164 J / Gh/s, it doesn’t appear to be a profitable cryptocurrency Bitcoin mining hardware for mining Bitcoin, although that depends on price and cost of power. Estimates take the daily profitability at -$0.44/day for a power consumption of 2050W and 12.5Th/s hash rate.
Features:
- The device runs 28m process node technology which makes power efficiency not so good.
- It is easy to set up and on the website; you find instructional videos on how to do it.
- Size is 335mm (L) x 125mm (W) x 155mm (H).
- Two cooling fans.
- 2100W custom power unit.
- Ethernet connectivity.
Hashrate: 11.5-12.0 TH/s
Power consumption: 1900W to 2100W
Noise level: 76db
Temperature range: -20 – 75 °C
Weight: 4,100 g. Power supply weighs 4,000g.
Price: $1,188
Conclusion
Mining hardware keeps on changing and devices with higher hash rates are manufactured. The best Bitcoin miner has a high hash rate way up 10 Th/s, excellent power consumption, and power efficiency. However, profitability depends on power consumption, power cost in your area, and the price of Bitcoin.
Based on this best Bitcoin miner tutorial, the most recommended are the AvalonMiner A1166 Pro, WhatsMiner M30S++, AvalonMiner 1246, Antminer S19 Pro, and WhatsMiner M32-62T. It is recommended to use these miners on a mining pool instead of solo mining.
All the devices in this list mine SHA-256 algorithm cryptos, so are recommended for mining Bitcoin, Bitcoin Cash, and Bitcoin BSV. Most can also mine way up to more than 40 other cryptocurrencies.
Research Process:
- Time taken to research and write this article: 10 hours
- Tools initially shortlisted for review: 20
- Total tools reviewed: 10