If you have cheap electricity, an efficient Bitcoin mining machine and get the best bitcoin mining hardware, bitcoin mining can still be fun and even profitable. Bitcoin mining is competitive. Because China’s cheap electricity makes it dominate the mining market, mining ordinary people is not wise. If you want bitcoin, then you’d better buy bitcoin.
Since from 2011, countless so-called experts have been predicting Bitcoin’s death. Even this site documents how many times Bitcoin survived, and according to “experts,” the site should be dead.
Since Bitcoin obviously will not get anywhere soon, you might consider getting an ASIC miner to get the BTC in your wallet.
So you do not know what is bitcoin or you want to know about Crypto Currency then please visit my previous article What is Bitcoin and what is Bitcoin mining?
Why use Bitcoin Miner Hardware?
Initially, miners used central processing units (CPUs) to mine virtual currency, but this was not fast enough to put host system resources at a loss. Miners quickly began using graphics processing units (GPUs) in computer graphics cards because they were able to increase the data hashing speed by 50 to 100 times and consume much less energy per unit of work.
In the winter of 2011, a new industry emerged with custom equipment that pushed up performance standards. The first wave of these professional bitcoin mining devices is easy to use bitcoin miners based on a field programmable gate array (FPGA) processor and connected to a computer using a convenient USB connection.
FPGA miners use much less power than CPU or GPU, and for the first time become a centralized mining site.
Find Best Bitcoin Miner
There are some important factors or we can say the things in technical point of calculations to consider when deciding what kind of bitcoin mining ASIC to buy:
Hash rate – the hash rate is a very important factor so first of all, we need to know how many hash values bitcoin miners can generate per second? More hashing costs more, which is why efficiency is dominant.
Efficiency – Efficiency also a very important factor so figures efficiency You’ll want to buy the most efficient bitcoin mining hardware. Because miners use a lot of electricity, you want to buy one that converts most of the electricity into bitcoin.
Price – What is the cost of bitcoin miners? Cheap mining hardware will tap into less bitcoin, which is why efficiency and power usage are important. The quickest and more efficient mining hardware will cost more.
NOTE Do not try to buy a miner based on price or just a hash rate. The best ASIC miners are the most efficient bitcoin miners aim at value. So consider that thing first although this producing the much hash rate for bitcoin which is lesser than your consuming electricity.
Top Best Bitcoin Mining Hardware
So here are miners used for bitcoin mining and they are all based on price per hash rate & electrical efficiency the best Bitcoin miner options
Advertised Capacity 4.73 Th/s
Power Efficiency 0.25 W/Gh
Weight 8.8 pounds
Approximant Earning 0.1645
Advertised Capacity 13.73 Th/s
Power Efficiency 0.095 W/Gh
Weight 8.1 pounds
Approximant Earning 0.3603
Advertised Capacity 3.5 Th/s
Power Efficiency 0.29 W/Gh
Weight 9.5 pounds
Approximant Earning 0.1232
You can use the Bitcoin Tap Profitability Calculator to determine the estimated return on your mining hardware.
Must consider electricity. Most mining hardware seems profitable until the cost of electricity is calculated.
Hope my article ” Top Best Bitcoin Mining Hardware” helps you to find out Best Bitcoin Mining Hardware. If you have any query, feel free to comment.