Bitcoin Mining Hardware ASICs and
Rigs
Bitcoin mining can still be fun and
even profitable if you have cheap electricity, an efficient bitcoin mining
machine, and get the best Bitcoin mining hardware.
It’s important to remember,
however, that Bitcoin mining is competitive and today it is not a good idea for
the average person to mine. If you want bitcoins then you are better off buying
bitcoins.
Bitcoin Mining Hardware Comparison
What is an ASIC Bitcoin
Miner?
Since it’s now impossible to profitably mine Bitcoin with
your computer, you’ll need specialized hardware called ASICs.
Originally, Satoshi intended for Bitcoin to be mined on
computer CPUs. However, Bitcoin miners discovered they could get more hashing
power from graphic cards. Graphic cards were then surpassed by ASICs
(Application Specific Integrated Circuits).
Nowadays all serious Bitcoin mining is performed on dedicated
Bitcoin mining hardware ASICs, usually in thermally-regulated data-centers with
access to low-cost electricity. Think of a Bitcoin ASIC as specialized Bitcoin
mining computers, Bitcoin mining machines, or “bitcoin generators”.
Don't Get Confused
There is Bitcoin mining hardware, which mines bitcoins.
There are also Bitcoin hardware wallets, which store
bitcoins.
How to Find the Best
Bitcoin Miner
There are some important factors to look at when determining
which Bitcoin mining ASIC to buy:
Hash rate - How many hashes per second can the
Bitcoin miner make? More hashes cost more, which is why efficiency is crucial…
Efficiency - You’ll want to buy the most
efficient bitcoin mining hardware possible. Since miners use a large amount of
electricity, you want to buy one that converts the most amount of electricity
into bitcoins.
Price - How much does the bitcoin miner
cost? Cheap mining hardware will mine less bitcoins, which is why efficiency
and electricity usage are important. The fastest and more effecient mining
hardware is going to cost more.
Don’t try to buy a miner based on only price or only hash
rate. The best ASIC miner is the most effecient bitcoin miner. Aim for value.
We recommend purchasing the Antminer
S7 or the Antminer S9.
Bitcoin Miners for Sale on AMAZON
AntMiner S9
~13.0TH/s @ .098W/GH
16nm ASIC Bitcoin Miner
Amazon Price:
$2,199.00 & FREE Shipping
$2,199.00 & FREE Shipping
CLICK HERE TO ORDER
(note: I only make money when you make the purchase through this link)
(note: I only make money when you make the purchase through this link)
Antminer
S7 Version 7 ~5.06TH/s @ .25W/GH
28nm ASIC Bitcoin Miner
CLICK HERE TO ORDER
(note: I only make money when you make the purchase through this link)
(note: I only make money when you make the purchase through this link)
Hardware Profitability
You can use a bitcoin mining profitability calculator to
determine your estimated cost of return on your mining hardware.
Be sure to take electricity costs into account. Most mining
hardware appears profitable until electricity costs are accounted for.
Bitcoin Mining Hardware
Companies
Bitmain - Bitmain makes the Antminer line of
Bitcoin miners. Bitmain is based in China and also operates a mining pool.
BitFury - BitFury is one of the largest producers
of Bitcoin mining hardware and chips. Its hardware is not available for
purchase.
Spondoolies Tech - Spondoolies Tech is an Israeli based
mining hardware manufacturer.
Bitcoin Mining
Equipment
In addition to a Bitcoin mining ASIC, you’ll need some other
Bitcoin mining equipment:
Power Supply - Bitcoin rigs need special power
supplies to funnel and use electricity efficiently.
Cooling Fans - Bitcoin hardware can easily overheat
and stop working. Buy a sufficient amount of cooling fans to keep your hardware
working.
You can find Bitcoin mining equipment for sale on eBay.
Bitcoin Mining Without
Hardware?
It’s still technically possible to mine bitcoins without
dedicated mining hardware. However, you’ll earn less than one penny per month.
Mining bitcoins on your computer will do more damage to your computer and won’t
earn a profit. So, it’s not worth it unless you’re just interested to see how
the mining process works. You’re best bet is to buy dedicated hardware like the
Antminer S7 or Antminer S9.
USB Bitcoin Miners
Using a Bitcoin USB miner with your computer was once a
profitable way to mine bitcoins. Today, however, USB miners don’t generate
enough hashing power to mine profitably. If you just want to get a Bitcoin
miner USB to learn, eBay is a good place to buy a cheap Bitcoin miner.
HOW TO SET UP
AntMiner S9 ~13.0TH/s @ .098W/GH
HOW TO SET UP
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