10 Best ASIC Miners for Mining Cryptocurrency in 2023

Review and compare the best ASIC Miners for mining Cryptocurrency and select the best ASIC miner for mining Bitcoin and other cryptocurrencies:

Given their high level of efficiency, Application-Specific Integrated Circuit (ASIC) devices, or rigs, as they are known when assembled during mining, are the most effective for mining cryptocurrencies. They were designed especially for mining.

Since each ASIC is designed specifically to mine a particular algorithm, you can find them for that algorithm. This implies that all ASICs designed for mining Bitcoin can also mine all other cryptocurrencies that employ algorithms similar to those of Bitcoin.

This tutorial covers the top ASICs on the market today and how to use them to mine cryptocurrencies. We rank the top Application-Specific Integrated Circuit miners that you can use to mine Bitcoin, Ethereum, and other cryptocurrencies using the SHA-256 and ETHASH algorithms.

What Are ASICs

Application-Specific Integrated Circuits are made with a specific purpose in mind. Microprocessors designed and optimized for mining Bitcoin, Litecoin, Ethereum Classic, and other cryptocurrencies that employ proof-of-work algorithms are included in ASICs used in mining.

This device has a circuit made up of several microprocessors. Today, that circuit, which consists of over 100 million logic gates, is crammed into circuit chips that are enclosed in casings. Each of these devices has ports or outlets that can connect to a power source, a computer, and the Internet.

It is possible to connect multiple ASICs together to mine with higher hash rates because we can connect ASIC to a computer using USB or other methods and USB hubs or other interconnections.

After accomplishing this, you can use a computer program to find its IP address, make a wallet, turn it into a mining pool, manage the ASICs, and configure the mining pool.

They are designed for a particular application, as the name suggests. They have more computer processing power than a personal computer’s Central Processing Units, also known as CPUs. Additionally, they outperform GPUs, which are also primarily found in gaming computers.

Fact Check:

• Over the period of 2020 to 2024, the mining hardware market will expand by USD 2.80 billion at a CAGR of over 7%.
• ASIC mining hardware will be sold at more retail locations, which are constantly springing up, which will fuel growth.

Mining hardware market:

Pro-Tips:

• Before making a purchase, make sure the top ASIC miners and cryptocurrencies you want to mine are profitable using online profitability calculators. Price differences between manufacturers and new versus used products also exist for devices.
• Verify additional details such as power usage, heat dissipation, noise, and reviews of the top ASIC miners.
• Reliability and profitability are also impacted by maintenance. Better technology is constantly being developed, so it is always a good idea to estimate a device’s lifespan when purchasing it and later decide when to dispose of it before or when it becomes unprofitable.
• In order to mine any cryptocurrency profitably, mining pools should be taken into account.

List of Top ASIC Cryptocurrency Miners

Here is the list of the best ASIC miners for mining cryptocurrency:

1. Antminer S19 Pro
2. WhatsMiner M30S++
3. AvalonMiner 1246
4. Whatsminer M32
5. AvalonMiner 1166 Pro
6. Ebang EBIT E11++
7. Dragonmint T1
8. Innosilicon A10pro
9. ASCIminer 8 Nano
10. Bitmain Antminer S17

Comparison of the Best ASIC Miners

Top ASIC Cryptocurrency Miners review:

#1) Antminer S19 Pro

Source: buyantminers19.com

Antminer S19 Pro – Best for most profitable The mining of cryptocurrencies using the SHA-256 algorithm using an ASIC.

The most profitable ASIC miner for Bitcoin and the SHA-256 algorithm at the moment is the Antminer S19 Pro. It is a popular option among businesses and individuals mining Bitcoin because it is produced by Bitmain, a top manufacturer of mining hardware.

Few devices are likely to outperform this equipment’s 29.7 J/TH efficiency offer. The device is made with a second-generation, next-generation 5nm chip specifically designed for SHA-256 mining.

It is without a doubt the most cost-effective and productive mining device on the market right now when compared to the other devices on this list. Despite being heavier, it also outperforms the S19, the other S19 Series product.

If you’re wondering how much money one can make using this ASIC Bitcoin mining equipment, you can anticipate a daily profit of about $12 at a $0.1/kilowatt electricity cost.

You anticipate this machine to use just $7.80 per day while earning $37.23 at this power cost. The annual profit is now $10,741.95. A 195 percent annual return is expected. A 186-day payback period is included with the device.

Weight: 15,500 g
Noise Level: 75db
Temperature: 5 – 45 °C
Maximum Hash rate: 110 Th
Power consumption: 3250 W (±5%)
Price: $2,860

#2) WhatsMiner M30S++

Source: buywhatsminer.com

Best for high efficient Bitcoin mining.

Whatsminer M30++ is one of the few top Bitcoin ASIC miners that can manage a power efficiency of 31J/TH (joules per Tera hash). It measures about 16.875″ length by 5.75″ width by 8.8125″ height. During testing, it was discovered that the device’s power consumption, power efficiency, and hash rates did not vary when it was in use by significant amounts. The algorithm used for mining Bitcoin and more than ten other cryptocurrencies is SHA-256.

It is more effective than the Whatsminer M30S+. It is made by MicroBT, a company with headquarters in Shenzhen, and comes with a plastic construction, a 6-month warranty, and a 135-day payback period. It uses LAN to connect to the computer.

Weight: 10,500 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 112TH/s±5%
Power consumption: 3472 watts+/- 10%
Price: $3,999

#3) AVALONminer 1246

Best for reliable and managed ASIC mining.

Canaan, a reputable producer of Bitcoin mining equipment, created the ASIC mining device, which uses a lot of power. With this miner, you can mine Bitcoin and other SHA-256 algorithm coins with a 38J/TH power efficiency.

A reliable integrated design was used to create the Avalonminer 1246. The power source is an AC 285V, 16A, 50Hz–60Hz supply. It easily fits, even in a cabinet, thanks to its dimensions of 331 mm X 195 mm X 292 mm.

For improved cooling, the device also includes 12038 cooler master fans that can withstand high temperatures. Two 7-blade fans are mounted on the front to draw in air, and the integration of the fans prevents dust from building up on the dashboard.

This further reduces the possibility of short-circuiting the device while using it. If the machine malfunctions and the hash rate is changed, the device has an auto alert feature that will notify you. It will shut down automatically.

The device also has a built-in chip that uses clever algorithms to analyze the hash rate and identify instances of hash rate fluctuations.

Weight: 12,800 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 90Th/s
Power consumption: 3420W
Price: $3,890

#4) WhatsMiner M32

Source: buywhatsminer.com

Best for non-profitable mining of cryptographic coins using the SHA-256 algorithm.

Although WhatsMiner M32 has shown little profitability, it is capable of efficiently mining SHA-256 algorithms at a rate of 0.054 j/Gh. Thus, it can be used for the ASIC mining of Bitcoin, Bitcoin Cash, Bitcoin BSV, Peercoin, eMark, Unbreakable, Joulecoin, Curecoin, and Acoin. The dimensions are 230 x 350 x 490mm.

Although it has two fans to help with cooling, the noise level prevents application in residential areas.

When mining with this equipment, at a profitability rating of $0.42 per day, you anticipate a monthly loss of $12.47. It can be connected to SlushPool, NiceHash, Poolin, AntPool, ViaBTC, and pretty much any other mining pool that supports ASIC mining of the SHA-256 algorithm.

Weight: 10,500 g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 68TH/s +/- 5
Power consumption: 3312 watts +/- 10%
Price: $3,557

#5) AvalonMiner 1166 Pro

Best for high hash rate mining.

It is possible to mine SHA-256 currencies like Bitcoin, Bitcoin Cash, Bitcoin SV, and others using AvalonMiner 1166 Pro. When compared to most of the devices on this list, it was released in August 2020 and manages a significantly higher hash rate and power consumption.

Given that it is produced by Canaan, a leader in mining hardware and one of China’s National high-tech enterprises, it is a well-known Bitcoin ASIC mining machine.

The device, which has a 16 nm size and an efficiency of 0.042 j/Gh, is still a profitable piece of Bitcoin ASIC mining hardware as of today. Additionally, it has four cooling fans. Depending on the electricity costs at your location, expect this device to give off $2.77 per day, and $83.10 per month, and $1,011.05 per year.

Weight: 12800g
Noise Level: 75db
Temperature: -5 – 35 °C
Maximum Hash rate: 81TH/s
Power consumption: 3400 watts
Price: $3,000

#6) DragonMint T1

Best for low temperature ASIC mining.

The Halong Mining Company produces the SHA-256 compliant ASIC mining device known as the DragonMint T1. It was released in 2018 and the company collaborated with a Bitcoin Core developer for this purpose. It can mine Bitcoin, Bitcoin Cash, Bitcoin SV, and 7 other cryptocurrencies that employ this algorithm.

The FCC, EMC, LVD, and CE power unit certification is one of the features. It features a temperature control technique to cool itself even during hefty mining sessions. The system utilizes two 240V, 1480W, 9-blade variable-revolution fans. By doing so, they guarantee that the device’s temperature doesn’t rise above 77 degrees Fahrenheit.

Weight: 6000 g
Noise Level: 75db
Temperature: 0 – 40 °C
Maximum Hash rate: 16 Th/s
Power consumption: 1,480 W
Price: $2,729

#7) Innosilicon A10 Pro

Best for Ethereum mining.

First, a better ASIC mining device than this one is the Innosilicon A10 Pro+, which hums at 750 MH/s. The device is sold by the manufacturer, Innosilicon, with a 121-day payback period. It is an Ethereum mining device that uses the Ethash algorithm. It was made available in 2020 and has dimensions of 136 x 282 x 360mm.

With a 10 A power rating, it has a LAN connection. Reviews of Ethereum ASIC mining equipment place it among the most profitable miners available. You can anticipate the machine to make a profit of about $34.78 per day, $1,043 per month, and $12,521 annually, depending on the cost of electricity. The machine’s efficiency is calculated to be 1.92j/Mh.

Weight: 8100g
Noise Level: 75db
Temperature: 0 – 40 °C
Maximum Hash rate: 500MH/s (± 5%)
Power consumption: 950w (+/- 10%).
Price: $2,580

#8) ASICminer 8 Nano

Best for residential mining.

With its long lifespan of up to 50,000 hours spent mining cryptocurrencies, the ASICminer 8 Nano is very robust. Given the extremely low noise level compared to any other machine on this list, it is arguable that the machine will continue to operate even with 35% of the fans off and can be used in residential areas.

It can mine all SHA-256-based coins because it is a SHA-256 algorithm mining device. With a cool efficiency of 0.044 J/GH plus 10%, this is feasible. The machine has dimensions of 500 x 500 x 235 millimeters. Reviews indicate that this machine can produce up to $13.87 in daily BTC mining profits. This profitability varies for other coins.

For a mining company, two people can assemble 50 miners in less than an hour. It connects via a 10-meter LAN cable and has an integrated PSU.

Weight: 27000g
Noise Level: 47db
Temperature: 10°C to 45 °C
Maximum Hash rate: 58TH/s ±10%
Power consumption: 2500W±10%
Price: $1,200

#9) Bitmain Antminer S17

Source: antminers17.com

Best for non-residential multi-crypto mining.

The Antmienr S17, created by Bitmain, is a mining device for SHA-256-based currencies like Bitcoin, Bitcoin Cash, and Bitcoin BSV. In fact, you can mine more than 40 coins with this apparatus, and it still makes money for the majority of them. With a profit ratio of 55% and an annual return rate of 126%, it outperforms some of the mining equipment on the list.

The device has 144 chips and 4 fans to prevent overheating in a 7nm chip size. The gadget measures 178 x 296 x 298mm and has three chipboards. with a payback period of 288 days; it shows While producing the product, Bitmain is confident.

You anticipate that this machine will make a profit of $12.26 when mining bitcoin at an electricity cost of $0.1 per kilowatt. Your yearly profit would be $4,474.90 in this case. In contrast to all the other devices on this list, the noise levels are excessive. Moreover, the hash rate is considerably lower.

Weight: 9500g
Noise Level: 82db
Temperature: 5°C to 45 °C
Maximum Hash rate: 53TH/s
Power consumption: 2385W
Price: $1,590.99

#10) Ebang EBIT E11++

Best for fault-protected board mining.

This Ebang device can mine with SHA-256 mining algorithms, just like Bitcoin. It was published in 2018. The newest 10-million-dollar chip in the mining board market is used in its boards. Besides the two boards that work separately, it features a fault protection kit that must be connected to the breakout boards to prevent the possibility of damaging the board powered by 2PSUs.

Even in large mines, cluster management software systems can be used to monitor the Ebang EBIT E11++ effectively. The user can quickly change IP addresses, mining pools, and numbers with the right programs. The annual return percentage is 77%, and the profit ratio is 78 percent when used properly.

The manufacturer also provides a 470-day payback period. According to research, it can profitably mine bitcoin at a rate of $2.22 per day.

Along with the cooling fan, it uses independent heat sinks with bonding technology to control temperatures. The system operates at about 0.045 j/Gh efficiency. The device produces a lot of heat when the noise level is high, which is the case here. It is best to use it in non-residential areas due to the high noise level.

Weight: 10000g
Noise Level: 75db
Temperature: 25°C
Maximum Hash rate: 44TH/S (-5%?+10%)
Power consumption: 45W/T ±10%
Price: $2,024.00

Conclusion

This tutorial covered the best or most effective ASIC miners for mining Bitcoin, Ethereum, and other SHA-256 or ETHASH-based coins. The most important factor to take into account when choosing an ASIC miner is profitability, but you should also confirm the energy efficiency, heat dissipation, and cooling potential.

Purchasing a miner that can be used to mine different coins is also advised, and all of the options on the list fall into that category flawlessly.

The majority of the items on the list, including the Antminer S19 Pro, are excellent non-residential mining options as well. The best mining rig available for profitable mining is this one, and it isn’t even the most expensive option on our list. S19 Pro operates at hash rates exceeding 100 Tera hash per second when combined with the WhatsMiner M30S++.

For home mining, we advise using ASICminer 8 Nano because all the other options are too noisy. Innosilicon A10 Pro+ is the most efficient ASIC Ethereum miner, and once Ethereum fully transitions to the proof of stake algorithm, you can also use it to mine other coins.

Frequently Asked Questions

a) a profitable ASIC mining a?

Answer: Bitcoin mining is profitable if you have inexpensive electricity and when the equipment is effective. The cost of a cryptocurrency has an impact on profitability, even though changes in the mining hash rate are unavoidably influenced by demand and pricing.

It could be successful or unsuccessful depending on the economics of a specific blockchain and coin. It can be mined profitably using a mining pool. Using online calculators, you can quickly determine whether ASIC mining for a particular cryptocurrency is profitable.

In 2021, will ASIC mining be profitable?

Answer: In 2021, ASIC bitcoin mining will be profitable. A miner could produce 6.25 coins every ten minutes as of August 2021. The transaction fees that miners received after mining a block ranged from 5% to 10% of the reward. You can use an online calculator to compute and track the profitability of Bitcoin mining in 2021.

ASIC mining: Is it superior?

Answer: In terms of cryptocurrency mining, they are indeed superior to CPUs and GPUs. They have more processing power, which enables them to process much more data in a given amount of time.

Additionally, they use less energy and are rated in terms of hashing power or hash rate (hertz per second), either Gh/s, Th/s, or Mh/s. Terra hash ratings are at the moment assigned to the highest rated items.

Which ASICs can mine Ethereum, #4?

Answer: A hash rate of up to 3GH/s can be mined using the Bitmain Antminer E9 for Ethereum. A10 Pro is another Ethereum ASIC miner. The InnoSilicon A10 ETHMaster, Antminer E3, and InnoSilicon A10 Pro, each of which has a hash rate of 190 MH/s, are also available.

Which ASIC miners for Bitcoin are the best?

Answer: With the Pro version having 110 TH/s of hashing power, the S19 is the most recent and best Bitcoin ASIC miner to date. In addition to the S19 Pro, the miner also comes in the Antminer T19 and Antminer S19 models.

How do ASIC miners operate?

Answer: These mining microprocessor circuits are program- or application-specific and designed to mine a specific blockchain algorithm in proof of work algorithms. The hashing data in each submitted transaction is compared with preset data and a golden nonce as part of the intricate calculations that miners, also known as hashers, perform.

A nonce is a number that is added to the blockchain’s encrypted or hashed block and which, when rehashed, will satisfy the restrictions on the difficulty level. It requires quick guesswork calculations using the miners to complete them before the allotted time to mine a block runs out.

The calculations demonstrate that the transactions are legitimate, secure, and meet certain requirements before being approved for the network.