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.bitcoin platform in nigeriaBut, 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.bitcoin conspiracy theoryThe 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.1 bitcoin al giorno

But both options are a lot less fun than running your hardware!Bitmain – Bitmain makes the Antminer line of Bitcoin miners.bitcoin dice wikiBitmain is based in China and also operates a mining pool.BitFury – BitFury is one of the largest producers of Bitcoin mining hardware and chips.bitcoin store promoIts 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.dogecoin exchange to bitcoinBuy 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.We’ve talked about Bitcoins before, and even put together a list of 20 places where you can spend them.But a list of places to spend Bitcoins isn’t of much use if you don’t have any Bitcoins.Sure, you could go to a Bitcoin exchange such as Mt.Gox and exchange your money for Bitcoins, but there’s always security risks involved in doing so.If you decide to mine Bitcoins yourself, it’d probably take you forever just to mine one Bitcoin using an everyday computer rig.

So, what’s a budding Bitcoin enthusiast to do?Well, if you’re serious about getting into Bitcoin, and don’t want to deal with the potential dangers of online Bitcoin exchanges, then there’s only one thing left to do: invest in a Bitcoin mining machine.These are purpose-built computers where the one and only aim is to mine as many Bitcoins as possible, as quickly as possible.Here’s a list of 5 machines that will be shipping in the near future.Make sure you have some cash to burn!There are three machine models in the Fast-Hash One series of Bitcoin mining machines: the Silver Edition, the Gold Edition and the Platinum Edition.These are 19″ rack mountable Bitcoin machines, with the main differences being their expandability and the power of the included mining modules.All three machines come with one mining module, but can be upgraded to have six.The Silver Edition is powered by a 64 GH/s module and tops out at 384 GH/s.The Gold Edition is powered by a 128GH/s module, with a maximum hash rate of 768GH/s.

The Platinum Edition comes with the most powerful 256 GH/s module, and can go up to 1.536TH/s.Overall, when fully upgraded, these machines will mine anywhere from 0.2 up to 0.85 Bitcoins a day.While the Silver Edition does not support expansion cases, both the Gold and Platinum Editions support up to six expansion cases, with each expansion case able to hold up to 16 modules, for even more mining power.The Fast-Hash One mining machines are available for pre-order.Price: $2,499 – 5,999 for base units CoinTerra’s TerraMiner IV is a water-cooled Bitcoin mining machine powered by CoinTerra’s own in-house ASIC chips, the GoldStrike I.The TerraMiner IV is built on a 28nm process and comes in a 4U enclosure with a power supply included, which is a rarity in Bitcoin mining circles.The TerraMiner IV has four ASIC chips, and with each boasting a 500 GH/s hash rate, it means that the TerraMiner IV has a total hash rate of 2TH/s.At the current mining difficulty, that translates to just over 1.1 Bitcoins a day.

CoinTerra also claim that the TerraMiner IV is power efficient, although there are no numbers available yet to prove this claim.The April batch for the TerraMiner IV is open for pre-orders.Hashfast’s Sierra is a high performance water-cooled Bitcoin mining machine powered by three Golden Nonce ASIC chips.It is built into a 4U rack mountable case and comes with two Seasonic power supplies built in.The Sierra has a nominal hash rate of 1.2 TH/s, which translates to about 0.66 Bitcoins a day as of the time of writing.The thing with the Sierra, though, is that it doesn’t have an on-board controller, so you’ll have to connect the Sierra to a main control unit via USB.This main control unit can be anything that will run CGminer, a mining software.The Hashfast Sierra is open for pre-orders and is guaranteed to ship by March 31, 2014.Black Arrow’s Prospero X-3 is powered by 20 Black Arrow Minion ASIC chips built into a 19″ rack mount unit.The Minion ASICs are built on a 28nm process and are an in-house design.

The Prospero X-3 will also have a built-in LCD display that will show statistics and diagnostics.The 20 Minion ASIC chips in the Prospero X-3 give it a hash rate of 2TH/s, good for about 1.1 Bitcoins per day as of the time of writing.The Prospero X-3 has been designed with up to 20% under- and overclocks in mind.It also supports the lightweight Stratum mining protocol.The Prospero X-3 is available for pre-order and is scheduled to be available at the end of February 2014.The KnCMiner Neptune is quite possibly the grand daddy of all Bitcoin mining machines.The Neptune is basically four modular 20nm ASIC boards, designed so that the machine will continue mining even if one (or more) of the boards fails.The Neptune follows up from their previous miner, the Jupiter, which was built on a 28nm process.The Neptune has a minimum hashing speed of 3TH/s, which translates to about 1.66 Bitcoins a day.This is a vast improvement on the Jupiter, which was only able to mine 0.6 Bitcoins a day.KnCMiner also mention that they have the right to increase the speeds as it nears shipment, so the Neptune might end up being even faster once it gets into miners’ hands.