Cryptocurrency mining is one of the most innovative and exciting ways to participate in the global crypto markets.
However, in order to mine digital currencies efficiently and thus profitably, you need state-of-the-art crypto mining hardware.
Read on to discover the best bitcoin and crypto mining hardware to buy today for cryptocurrency mining.
What is crypto mining hardware?
Crypto mining hardware refers to specialized computer hardware used to solve mathematical puzzles that are part of a proof-of-work based cryptocurrency’s consensus algorithm to secure the network and earn the block reward.
In order for miners to compete effectively, they have increasingly turned to more powerful mining hardware. This means that in order to mine competitively, miners need to invest in super-powerful mining gear like an application-specific integrated circuit (ASIC). This type of gear can cost as much as $500 and the highest performing thousands of dollars.
Mining can be profitable if you mine the right cryptocurrency and use proper mining rigs.
Top crypto mining hardware rigs
ASIC (Application Specific Integrated Circuit) mining rigs are the standard for anyone looking to efficiently mine Bitcoin (BTC) and other leading proof-of-work coins. This class of hardware has only one function and that is cryptocurrency mining. The energy generated when mining with ASIC miners is usually calculated in terahashes per second (th/s).
Now let’s take a look at some of the best mining hardware you can buy to set up a home mining operation.
- AntMiner S19 Pro
- WhatsMiner m30s++
- Avalon Miner 1246
- AvalonMiner 1166pro
- Dragon Mint T1
- Ebang EBIT E11++
1. Antminer s19 Pro – One of the best ASIC mining machines
S19 Pro is the latest generation SHA-256 algorithm ASIC in mining. It is currently one of the best ASIC mining hardware machines and is best known for its use in mining Bitcoin and other cryptocurrencies using a 256-bit Secure Hashing Algorithm (SHA), the highest known hashing algorithm.
The required input voltage of this ASIC miner is 220V. It produces a hash rate of 110 terahashes per second (Th/s) with more than 3250W of power during use, with an energy efficiency of 29.5 J/TH and is currently being used sold for $2,860.
2. WhatsMiner m30s++ Best for industrial farm mining only
The WhatsMiner m30s is said to have the highest hash rate among commercial SHA-256 miners. Mining at a hash rate of 112 terahashes per second (Th/s) at a power consumption of 3,472 W, this mining hardware from MicroBT is known for its strong stability and profitability.
Offering high efficiency, high hash rate and drawing 12V power, the m30s are suitable for industrial mining.
3. AvalonMiner 1246 – Flexible, automatic alarm functions and good cooling
The AvalonMiner 1246 is a mining device from Canaan Mining with a SHA-256 algorithm. It has a maximum of 90th/s, a power consumption of 3,420W and an energy efficiency of 38 J/TH, one of the most power-consuming mining hardware. This crypto miner was first released in January 2021 and is mainly used to mine Bitcoin.
One of the key features of this crypto miner is its flexibility and its ability to fit into different sizes of cabinets. It has an alert system that automatically notifies the user when there is a malfunction affecting the hash rate. It also comes with four fans that help cool down the power generated.
4. AvalonMiner 1166Pro – Excellent option for experienced bitcoin miners
Canaan’s AvalonMiner 1166 Pro is another SHA-256 algorithm mining hardware with hashing performance of 81 th/s, power consumption of 3400 W and energy efficiency of 42 J/TH.
Offering users safety and quality, this mining hardware comes with a built-in AI chip with a default boost design. The AvalonMiner 1166 is an excellent option for experienced bitcoin miners.
5. DragonMint T1 – Easy to handle as there are no weak points
DragonMint T1 is an ASIC bitcoin mining hardware developed by Halong Mining. It uses a SHA-256 algorithm. It offers a maximum hash rate of 16 Th/s with a consumption of 1480 W and an energy efficiency of 0.093 J/GH. The DragonMint T1 does not take up much space and is easy to handle due to its lack of weak points.
6. Ebang EBIT E11++ Best suited for advanced crypto mining
The EBIT E11 is the best for advanced crypto and industrial mining. It is an ASIC SHA-256 algorithm mining hardware with a low hash rate that offers 44 Th/s and a power consumption of 1980 W and an efficiency of 0.045 j/GH.
The hardware offers low efficiency due to its low hash rate. It comes with two hashing boards powered by 2 power supplies. It also has a heatsink that allows for better heat dissipation during use.
While mining profitability has become more difficult over the years, you can still build a profitable crypto mining operation with the right mining setup.