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.bitcoin film argentinaThink 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?bitcoin will bustMore hashes cost more, which is why efficiency is crucial…Efficiency – You’ll want to buy the most efficient bitcoin mining hardware possible.china killed bitcoin

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?buy bitcoin perthCheap mining hardware will mine less bitcoins, which is why efficiency and electricity usage are important.bitcoin in un giornoThe 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.ethereum etc newsThe best ASIC miner is the most efficient bitcoin miner.bitcoin billionaire app guideAim 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.create bitcoin botnet

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.litecoin mining videoOther 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.Today, however, USB miners don’t generate enough hashing power to mine profitably.If you just want to get a Bitcoin miner USB to learn, eBay is a good place to buy a cheap Bitcoin miner.Cloud mining or cloud hashing enables users to purchase mining capacity that of hardware in data centres.Two operators, Hashflare and Genesis Mining, have been offering contracts for several years.

Bitcoin cloud mining enables people to earn Bitcoins without bitcoin mining hardware, bitcoin mining software, electricity, bandwidth or other offline issues.Bitcoin cloud mining, sometimes called cloud hashing, enables users to buy the output of Bitcoin mining power from Bitcoin mining hardware placed in remote data centres.Then all Bitcoin mining is done remotely in the cloud.This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.Being listed in this section is NOT an endorsement of these services and is to serve merely as a Bitcoin cloud mining comparison.There have been a tremendous amount of Bitcoin cloud mining scams.Hashflare Review: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC.Customers must purchase at least 10 GH/s.Genesis Mining Review: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider.

Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced.Zcash mining contracts are also available.Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012.They have facilities in Iceland and Georgia.They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.Minex 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.Bitcoin cloud mining contracts are usually sold for bitcoins on a per hash basis for a particular period of time and there are several factors that impact Bitcoin cloud mining contract profitability.For example, Pay per GHash/s would be 0.0012 BTC / GHs for a 24 month contract.Contracts vary from hourly to multiple years.The major factor that is unknown to both parties is the Bitcoin network difficulty and it drastically determines the profitability of the bitcoin cloud hashing contracts.

Bitcoin network difficulty is a measure of how difficult it is to find a hash below a given target.The Bitcoin network has a global block difficulty.Valid blocks must have a hash below this target.Bitcoin mining pools also have a pool-specific share difficulty setting a lower limit for shares.The Bitcoin network difficulty changes roughly every two weeks or 2,016 blocks.There are limited options for Litecoin cloud mining contracts.If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to litecoin.Hashflare Review: Hashflare offers scrypt mining contracts with a minimum purchase of 1 MH/s.Genesis Mining Review: Genesis Mining offers Litecoin cloud mining contracts.Minergate Review: Offers both pool and merged mining and cloud mining services for Litecoin.Eobot Review: Eobot offers Litecoin cloud mining contracts with 0.0071 LTC monthly payouts.There are limited options for Dash cloud mining contracts.

If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to Dash.Genesis Mining Review: Genesis Mining is the largest X11 cloud mining provider.Genesis Mining offers three Dash X11 cloud mining plans that are reasonably priced.There are limited options for Ether cloud mining contracts.If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether.Hashflare Review: Hashflare is a large Ether cloud mining provider with reasonably priced Ethereum cloud mining contracts.Genesis Mining Review: Genesis Mining is the largest Ether cloud mining provider.Ethereum cloud mining contracts are reasonably priced.Eobot Review: Eobot offers Ethereum cloud mining contracts with 0.0060 ETH monthly payouts.This Ethereum cloud mining guide will show you how to mine Ethereum using Amazon cloud servers.There have been a tremendous amount of Bitcoin cloud mining scams like the possible $500,000 Bitcoin cloud mining ponzi scheme that was uncovered.

Potential buyers should be extremely guarded and careful before purchasing any bitcoin mining contracts.Services to beware of: Scrypt.cc Review: Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able to trade your KHS in real time with prices based on supply and demand!All KHashes are safely stored and maintained in 2 secured data-centres.PB Mining Review: Claims to operate Bitcoin mining ASIC hardware.When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly.At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees.The Bitcoin mining contract is 100% insured because they want customers to succeed.Bitcoin Cloud Services (BCS) Review: Appears to have been a $500,000 Ponzi scam fraud.Zeushash Review: Appears to have halted payouts.Bitminer.io Review: Based on user reports they appear to have halted payouts.Hashflare Review: An Estonian cloud miner with SHA-256, Scrypt and Scrypt-N options and currently appears to be the best value.

Minergate Review: MinerGate is a mining pool created by a group of cryptocoin enthusiasts.It is the first pool which provides service for merged mining.This means that while mining on our pool you can mine different coins simultaniously without decrease of hashrate for major coin.Hashnest Review: Hashnest is operated by Bitmain, producer of the Antminer line of miners.Bitcoin Cloud Mining Review: Supposedly has been mining Bitcoin since mid-2013.All Bitcoin miners are located in a state-of-the-art data centre in Australia and they have direct access to high quality equipment and 24/7 support.NiceHash Review: NiceHash offers you to sell and buy hashing power.Selling hashing power is as simple as connecting your miner to our stratum mining pools while buyers can buy hashing power on demand, on pay-as-you-go basis.Claims to bring an innovative easy-to-use and risk-free cloud mining service.You can mine the vast majority of popular coins, based on SHA-256 (Bitcoin, etc.), Scrypt (Litecoin, Dogecoin, etc.), Scrypt-N (Vertcoin, etc.)