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.bitcoin pump dumpThe 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.mtv bitcoin

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.bitcoin dans 10 ansBuy 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.bitcoin sicher verkaufen

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.bitcoin kursentwicklung 2013Today, however, USB miners don’t generate enough hashing power to mine profitably.bitcoin textbookIf you just want to get a Bitcoin miner USB to learn, eBay is a good place to buy a cheap Bitcoin miner.was ist mit bitcoin 24 losThe following page reviews the best hardware available today in order to make some sort of a profit with Bitcoin mining.harga 1 bitcoin hari ini

If you’re completely new to Bitcoin mining please read our “Is Bitcoin mining still profitable?” post before moving on.It will give you a good idea about the profitability of mining and will make you think twice before entering this very competitive niche.If however, you are aware of the competitive nature of Bitcoin mining and still want to get in the game, here you will be able to find the best Bitcoin mining hardware available.new bitcoin asic minerThe good news is that there’s not many mining hardware companies left that make ASIC miners so choosing will probably be easy.That’s also the bad news.Even though many websites state long lists of Bitcoin mining hardware, only a handful of mining rigs can deal with the rising Bitcoin mining difficulty that’s out there these day.Below is a side by side comparison of all relevant miners.Underneath the table you’ll be able to see a summarized review of each of the miners.

Keep in mind that in order to see how profitable you can be with any Bitcoin miner you’ll need to make some calculations based on your electricity cost, the Bitcoin exchange rate and the increase in difficulty throughout time.Since not all of these variables are knows you will have to guess some as best as you can.88%Read review95%Read review81%Read review83%Read review79%Read review76%Read review70%Read review KH/s MH/s GH/s TH/s PH/s The AntMiner S5 is the entry level Bitcoin miner for someone who isn’t ready to part away with more than a few hundred bucks.Users who have purchased it seem mostly pleased with the device.However this is an outdated device and with today’s mining difficulty and decreasing block reward you won’t make more than 0.05 BTC each money in revenue.This means you’ll need to run it for about one year and 8 months to get a full Bitcoin.Some customers also complained about the device being too noisy, but that’s just how a miner works – it’s loud and hot.

Click here to learn more about the AntMiner S5 The Avalon 6 is a great contender for both S5 and S7 AntMiners.From the small amount of reviews that can be found online people are saying that it’s not nearly as loud as your usual miner and the hash rate is pretty reasonable.However at the current price tag I see little reason to choose it over the competition, it’s $100 more than the S7 that brings to the table superior results.Using the Avalon 6 you can make a revenue of 0.12BTC each month, hardly something to write home about at the moment.Click here to learn more about the Avalon 6 The AntMiser S7 was the raining champion up until a few months ago.Even at today’s difficulty levels and with the block reward halving you can still make 0.15BTC a month.It’s not a lot at the moment but if the Bitcoin price continues to rise it may be a profitable investment.However I would’t suggest buying this rig due to the fact that it’s neither here nor there.It’s too expensive for an entry level device and it’s too weak to generate any substantial amount of Bitcoins.

Users who bought the device seem generally happy with it however it was first introduced on August 2015, so it’s not that new.Click here to learn more about the AntMiner S7 The most advanced and most efficient Bitcoin miner today.If you’re serious about Bitcoin mining this is your rig.But since this miner just came out it’s possible that Bitcoin mining difficulty will now increase even more.At the current difficulty this miner can mine around 0.5 Bitcoins every month which makes it seem pretty profitable.However we did not take into account the electricity costs, pool fees and hardware cost.Not to mention the fact the difficulty can rise and the Bitcoin price can drop.It seems that even though this is the toughest miner out there, there’s only a small amount of time until it too will become outdated.Until that happens though, it looks like a pretty reliable piece of equipment.Click here to learn more about the AntMiner S9 The Antminer R4 is intended for hobby mining – basically people who want to mine Bitcoins at home.

Even though it can’t compete with the S9 it will probably be a good contender for the S7.The main advantage it has over other miners is the fact that it is has a specialized cooling unit that is much quieter than any other Bitcoin miner out there – since it’s made for a home environment.According to our calculations this miner should break even in about 12 months making it a pretty risky investment as most miners become obsolete after 6-9 months.However if Bitcoin’s price continues to rise this miner may yet yield a good return on investment.Click here to learn more about the Antminer R4 The avalon 721 (or Avalon 7 as it is known commonly) is the latest Bitcoin miner supplied by Avalon in late 2016.It has a lower price tags than most of the advanced miners but is also less powerful.It seems to be a good choice for people who are looking for a cheaper entry level miner and don’t want to go for an Antminer S7.According to our calculations this miner should break even in about 24 months, making it a pretty risky investment.