Despite the profit potential of mining Bitcoin (BTC), your Bitcoin (BTC) mining hardware’s upfront and energy costs can do harm to your bank account.
Picking the wrong hardware could cost you more money to operate than the number of funds you earn mining Bitcoin (BTC) with it.
Unlock tips, systems & recommended resources to stay ahead of the tech curve.
To avoid losing a profit on your Bitcoin (BTC) mining, we curated a list of the best Bitcoin (BTC) mining hardware, with their price, hash rate, and energy consumption, to help you decide which hardware is best for you, no matter how much mining experience you have.
Read on to find the right Bitcoin (BTC) mining hardware for you.
How to Choose a Bitcoin (BTC) Miner
There are three main things to look out for when buying a Bitcoin (BTC) miner:
Hash rate represents the number of calculations that a miner can perform in a second. Therefore, the higher the hash rate the more chances you must solve the complex algorithms and earn Bitcoin (BTC).
Price: There is the common phrase “cheap is expensive”. This applies to Bitcoin (BTC) miners where cheap hardware will mine fewer Bitcoin (BTC) and prove unprofitable in the long run. If you want fast and efficient hardware you will have to invest more.
Energy consumption: It is important for you to check the electricity rating in watts and determine whether mining income covers your electricity costs. Obviously, the more powerful hardware you buy, the higher your energy expenses. However, there are some cost-efficient solutions out there.
Below you will find a list of the top ten best Bitcoin (BTC) miners you can purchase today.
1, BitMain AntMiner S5
Even if Antminer S5 may not be the latest version like other models – S7 and S9, its function is exemplary. The Bitmain Antminer S5 features a power supply labeled 115 Volts, which draws about 560 Watts. Its power consumption needs are low, similar to those running Bitcoin (BTC) mining computers can accommodate the Antminer S5. The unit produces about 1 GH/s for every 0.51 watts consumed with respect to its efficiency. the S3, the S5’s efficiency has improved in comparison to its predecessor. This is one of the best Bitcoin (BTC) miner hardware in 2021.
2, BitMain AntMiner S7
Since its introduction in 2015, BitMain AntMiner S7 has become one of the most popular Bitcoin (BTC) mining hardware because of its lower power consumption factor. The power supply unit recommended for utilization the S7 is 1600-watt APW3, which is one of the best available in the market, designed specifically for Bitcoin (BTC) mining. The efficiency of AntMiner S7 depends on the effectiveness of the ambient temperature and the power supply used. But, at room temperature of around 25-degree centigrade, the S7 produces about 1300 watts.
3, BitMain AntMiner S9
Bitmain Antminer S9 is one of the best Bitcoin (BTC) mining hardware available in the market as of now. It has the highest hash rate of about 14 TH/ sec. This high hash rate has been made possible with the courtesy of 3 circuit boards featuring a total of 189 chips. It is one of the efficient Bitcoin (BTC) mining software available, where it consumes 300 watts more compared to the S7, which is twice as efficient with about 0.1 Joules per Gigahash.
4, AntMiner T9
AntMiner T9 is yet another Bitcoin (BTC) mining hardware which is a bit expensive as compared to the S9. T9 consumes around 1450 watts for approximately 11.5 TH/s for Batch 23 and has an efficiency of 0.126 J/GH. Going by the numbers, S9 is better than the T9. The S9 quality chips were of a lower quality that leads to their reduced stability. But later, the T9 Miner has this problem of lower quality fixed.
5, AvalonMiner 741
AvalonMiner 741 is one of the affordable Bitcoin (BTC) mining hardware which has been created by a company called Canaan. It provides a good hash rate of about 7.3 TH/s with an efficiency of 0.16 J/GH and features an air forming cooling system that enables 88 chips to function as a single unit. It even helps to keep the miner always running.
6, AntMiner L3+
AntMiner L3+ has four boards containing 288 chips, which is double of its predecessor. L3+ is an easy-to-use mining hardware which comes packing in power having a hash rate of about 504 MH/s and uses up around 800 watts and sports efficiency of 1.6 J/MH.
7, BitMain AntMiner D3
AntMiner D3 is the best when it comes to Dash ASIC miners. Most of the miners are using this hardware to first mine dash coins which they convert into Bitcoin (BTC)s and make increased profits in the process. Bitmain Antminer D3 provides a hash rate of 15 GH/s and utilizes around 1200 Watts. It measures 320x130x190mm that makes it possible to have a good arrangement when running multiple miners simultaneously.
8, Dragonmint T16
Dragonmint T16 is the first BTC mining hardware to achieve the hash rate of 16 TH/s, making it exceptional. It needs 1600 W power supply but consumes only 0.075J/GH against 0.098J/GH in Bitmain’s Antminer S9. Because of the ASICBOOST algorithm, the Dragonmint T16 efficiency can be boosted by 20 percent. It is one of the best Bitcoin (BTC) mining hardware in 2021.
9, Pagolin Miner M3X
Pagolin Miner M3X is not as energy efficient or effective as its contemporaries but is a bigger unit because of its embedded ASIC chips. It’s the most power demanding Bitcoin (BTC) mining equipment in the market, with a draw rate of between 1.8kw and 2kw. It appeals to people because of its high hash rate of 13 TH/s.
Avalon6 is one of the best Bitcoin (BTC) mining hardware for beginners. The setup process is simple and is one of the profitable ones which has been around for a while. From the 1050W it draws, it only manages to produce 3.5 TH/s. Unfortunately, Avalon6 doesn’t come with its own power supply, and they can be bought separately. The Avalon6 makes a good unit to run in an office or at home that might well lose money but serves a very altruistic purpose by securing the network.