asic bitcoin mining gear
At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer.Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 to 100 times faster and consumed much less power per unit of work.During the winter of 2011, a new industry sprang up with custom equipment that pushed the performance standards even higher.The first wave of these specialty bitcoin mining devices were easy to use Bitcoin miners were based on field-programmable gate array (FPGA) processors and attached to computers using a convenient USB connection.FPGA miners used much less power than CPU's or GPU's and made concentrated mining farms possible for the first time.Application-specific integrated circuit (ASIC) miners have taken over completely.These ASIC machines mine at unprecedented speeds while consuming much less power than FPGA or GPU mining rigs.
Several reputable companies have established themselves with excellent products.Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are: AntMiner S7 4.73 Th/s 0.25 W/Gh 8.8 pounds $479.95 0.1645 AntMiner S9 13.5 Th/s 0.098 W/Gh 8.1 pounds $1,987.95 0.3603 Avalon6 3.5 Th/s 0.29 W/Gh 9.5 pounds $499.95 0.1232 For a comprehensive comparison of bitcoin mining hardware.Two major factors go into determining the best bitcoin mining hardware: (1) cost and (2) electricity efficiency.Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot.Application-specific integrated circuit chips (ASICs) are bitcoin mining hardware created solely to solve Bitcoin blocks.They have only minimal requirements for other normal computer applications.Consequently, ASIC Bitcoin mining systems can solve Bitcoin blocks much quicker and use less less electricity or power than older bitcoin mining hardware like CPUs, GPUs or FPGAs.
As Bitcoin mining increases in popularity and the Bitcoin price rises so does the value of ASIC Bitcoin mining hardware.As more Bitcoin mining hardware is deployed to secure the Bitcoin network the Bitcoin difficulty rises.This makes it impossible to profitably compete without a Bitcoin ASIC system.Furthermore, Bitcoin ASIC technology keeps getting faster, more efficient and more productive so it keeps pushing the limits of what makes the best Bitcoin mining hardware.Some models of Bitcoin miners include Antminer S5, Antminer U3, ASICMiner BE Tube, ASICMiner BE Prisma, Avalon 2, Avalon 3, BTC Garden AM-V1 616 GH/s, VMC PLATINUM 6 MODULE, and USB miners.AntMiner U2 2 Gh/s 1.0 W/Gh 0.8 ounces $49.66 BPMC Red Fury USB 2.5 Gh/s 0.96 W/Gh 1.6 ounces $44.99 GekkoScience 9.5 Gh/s 0.33 W/Gh 0.8 ounces $49.97 For those not interested in operating the actual hardware then they can purchase Bitcoin cloud mining contracts.Being listed in this section is NOT an endorsement of these services.
Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012.
youtube litecoin miningThey have facilities in Iceland and Georgia.
litecoin mining youtubeThey use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.
bitcoin se cae en chinaMinex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format.Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.Hashnest Review: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners.HashNest currently has over 600 Antminer S7s for rent.
You can view the most up-to-date pricing and availability on Hashnest's website.At the time of writing one Antminer S7's hash rate can be rented for $1,200.Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out.NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers.Check its website for up-to-date prices.Eobot Review: Start cloud mining Bitcoin with as little as $10.Eobot claims customers can break even in 14 months.MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud.Some miners available for rent include AntMiner S4s and S5s.Hobby 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.Since it’s now impossible to profitably mine Bitcoin with your computer, you’ll need specialized hardware called ASICs.Table of ContentsBitcoin Mining Hardware ComparisonWhat is an ASIC Bitcoin Miner?Don’t Get ConfusedHow to Find the Best Bitcoin MinerBitcoin Miners for Sale on eBay or AmazonUsed Bitcoin Mining Hardware for SaleJust Want Bitcoins?Hardware ProfitabilityMost Efficient Bitcoin MinersBitcoin Mining Hardware CompaniesBitcoin Mining EquipmentBitcoin Mining Without Hardware?USB Bitcoin MinersOriginally, 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”.There is Bitcoin mining hardware, which mines bitcoins.There are also Bitcoin hardware wallets, which store bitcoins.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 efficient 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 efficient bitcoin miner.Aim for value.If you’re a hobby miner who wants to buy a couple rigs for your house, eBay and Amazon both have some decent deals on mining hardware.Both new and used bitcoin mining rigs and ASICs are available on eBay.One may want to buy used ASIC mining hardware on eBay because you can get better prices.eBay’s customer protection ensures you’ll get a working product.Other bundled equipment may be included with your purchase depending on the seller.We recommend purchasing the Antminer S7 or the Antminer S9.If you just want bitcoins, mining is NOT the best way to obtain coins.Buying bitcoins is the EASIEST and FASTEST way to purchase bitcoins.Get $10 worth of free bitcoins when you buy $100 or more at Coinbase.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.Good Bitcoin mining hardware needs to have a high hash rate.But, efficiency is just as important.An efficient Bitcoin miner means that you pay less in electricity costs per hash.The miners in the table below are currently the most efficient Bitcoin miners on the market.The Avalon6 gets 0.29 Watts/GH, but costs more than $200 more than the Antminer S7.The Antminer S7 is more efficient, with 0.25 Watts/GH.The Antminer S7 also costs much less, and comes with 4.5 TH/s of hash power compared to the Avalon6’s 3.50 TH/s.The AntMiner S7 is clearly the better option between these two miners, which are currently the most efficient miners available for purchase.To improve your efficiency, there are also companies that will let you order hardware to their warehouse and run the miners for you.You could also cloud mine bitcoins.But both options are a lot less fun than running your hardware!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.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.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.Using a Bitcoin USB miner with your computer was once a profitable way to mine bitcoins.