Join over 94,000 students, learn all you need to know about Bitcoin. One Email a Day, 7 Days in a Row. It will give you a good idea best bitcoin mining equipment the profitability of mining and will make you think twice before entering this very competitive niche. If however, you are aware of the competitive nature of Bitcoin mining and still want to get in the game, here you will be able to find the best Bitcoin mining hardware available.
The good news is that there are not many mining hardware companies left that make ASIC miners so choosing will probably be easy. How to compare Bitcoin miners Below is a side by side comparison of all relevant miners. Underneath the table you’ll be able to see a summarized review of each of the miners. Keep in mind that in order to see how profitable you can be with any Bitcoin miner you’ll need to use a Bitcoin mining calculator based on your electricity cost, the Bitcoin exchange rate and the increase in difficulty throughout time. How much electricity does your miner consume? This miner is a solo miner. It has a small chance of mining a block but does not generate monthly revenue.
Antminer S5 Bitcoin Miner Summarized Review The Antminer S5 is the entry level Bitcoin miner for someone who isn’t ready to part away with more than a few hundred bucks. Users who have purchased it seem mostly pleased with the device. From the small number of reviews that can be found online people are saying that it’s not nearly as loud as your usual miner and the hash rate is pretty reasonable. Antminer S7 Bitcoin Miner Summarized Review The Antminer S7 was the raining champion up until a few months ago. Even at today’s difficulty levels and with the block reward halving you can still make 0. It’s not a lot at the moment but if the Bitcoin price continues to rise it may be a profitable investment. However I wouldn’t suggest buying this rig due to the fact that it’s neither here nor there.
It’s too expensive for an entry-level device and it’s too weak to generate any substantial amount of Bitcoins. Antminer S9 Bitcoin Miner Summarized Review The most advanced and most efficient Bitcoin miner today is the Antminer S9. If you’re serious about Bitcoin mining this is your rig. At the current difficulty this miner can mine around 0. 02 Bitcoins every month which makes it seem like it would break even within a year. However we did not take into account the electricity costs, pool fees and hardware cost.
Not to mention the fact the difficulty can rise and the Bitcoin price can drop. It seems that even though this is the toughest miner out there, there’s only a small amount of time until it too will become outdated. Until that happens though, it looks like a pretty reliable piece of equipment. Even though it can’t compete with the S9 it will probably be a good contender for the S7. According to our mining calculator this miner should break even in about 12 months. However if Bitcoin’s price continues to rise this miner may yet yield a good return on investment. Bitcoin miner supplied by Avalon in late 2016.
It has a lower price tag than most of the advanced miners but is also less powerful. It seems to be a good choice for people who are looking for a cheaper entry level miner and don’t want to go for an Antminer S7. According to our calculations, this miner should break even in about 24 months, making it a pretty risky investment. Antminer T9 Bitcoin Miner Summarized Review The Antminer T9 is a more reliable, cheaper version of the successful S9 model. S9 making it much less attractive in terms of return on investment. If you want to get up and mining as soon as possible and reliability is more important to you than efficiency, then we’d say the T9 is a reasonable choice.
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