8 Best ASIC Miners for Mining Bitcoin & Other Cryptocurrency in 2023

Written by Lisa

December 7, 2022

Best ASIC Mining Rigs

Review and compare the top ASIC miners for mining Bitcoin and other cryptocurrencies, then choose a right ASIC miner for higer crypto and Bitcoin mining profitability.

Best Bitcoin ASIC Miners quick list:

  1. Antminer S19 Pro – Best for most profitable ASIC mining of Bitcoin
  2. WhatsMiner M30S++ – Best for highly efficient Bitcoin mining.
  3. AvalonMiner 1166 Pro – Best for high hash rate mining.
  4. Innosilicon A10pro: Best for Ethereum mining
  5. AvalonMiner 1246 – Best for reliable and managed ASIC mining.
  6. Dragonmint T1 – Best for low-temperature ASIC mining.
  7. Whatsminer M32 – Best for non-profitable mining of SHA-256 algorithm currency.
  8. ASCIminer 8 Nano – Best for residential mining.

The best ASICs on the market today are covered in this tutorial along with how to use them to mine cryptocurrencies. The top Application-Specific Integrated Circuit miners for mining Bitcoin, Ethereum, and other cryptocurrencies are listed below. Continue reading for more detail.

What is An ASIC Bitcoin Miner?

ASIC-Miner
ASIC Miner

Application-specific integrated circuit (ASIC) miners are computerized devices with hardware circuitry designed specifically for mining digital currencies. An ASIC miner made specifically to mine Bitcoins cannot mine any other cryptocurrency because each ASIC miner is designed to mine a specific kind of cryptocurrency.

ASIC miners, which are incredibly intricately built, are made specifically for mining cryptocurrencies, and they can do this more quickly than a regular computer. The total number of equations that each ASIC miner is capable of solving in a given amount of time is referred to as its hash rate.

For both new and seasoned traders alike, ASIC miners can be very helpful. However, you might want to have at least some mining experience before buying one of these units due to the high cost of the majority of ASIC mining equipment. Your likelihood of success will also be significantly influenced by cryptocurrency values.

ASIC mining may be a great option if you can afford it because the best ASIC miners can increase your chances of profitability. Before selecting one of these ASIC miners, make sure you conduct thorough research.

Best ASIC Miners for Mining

Here is the list of the best ASIC miners for mining cryptocurrency:

NameWeightHash ratePriceOur rating
Antminer S19 Pro15,500 g110 Th/s$2,8605/5
WhatsMiner M30S++10,500 g112TH/s±5%$3,9995/5
AVALONminer 124612,800 g90Th/s$3,8904.8/5
WhatsMiner M3210,500 g68TH/s +/- 5$3,5574.5/5
AvalonMiner 1166 Pro12,800 g81TH/s$3,0004.5/5
Prices may differ depending on the seller.

Antminer S19 Pro

Best for most profitable Bitcoin, Bitcoin Cash, and other cryptocurrencies using the SHA-256 algorithm are mined using an ASIC.

Antminer-S19-Pro
9
Most Profitable ASIC Miner
Antminer S19 Pro
  • Weight: 15,500 g
  • Noise Level: 75db
  • Temperature: 5 – 45 °C
  • Maximum Hash rate: 110TH/s
  • Power consumption: 3250 watts (±5%)
  • Price: $2,860

The most profitable ASIC miner for Bitcoin and the SHA-256 algorithm at the moment is the Antminer S19 Pro. It is a popular option among Bitcoin mining businesses and individuals because it is produced by Bitmain, a top manufacturer of mining hardware.

The device is built using the next-gen 5nm chip, a second-generation chip dedicated to SHA-256 mining.

Compared to other devices in this list, it certainly is the most economical and efficient mining device in the market currently. It also beats the other S19 Series product, the S19 although it is heavier.

For those asking how much one can generate with this ASIC Bitcoin mining equipment, you expect the profitability of around $12 daily with an electricity cost of $0.1/kilowatt.

Pros
High performance and high efficient
Energy saving
Increased circuit architecture and power efficiency
Cons
It is expensive
It has a low-end CPU

WhatsMiner M30S++

Best for high efficient Bitcoin mining.

WhatsMiner M30S++
9
High Efficient ASIC Miner
WhatsMiner M30S++
  • Weight: 12800g
  • Noise Level: 75db
  • Temperature: -5 – 35 °C
  • Maximum Hash rate: 81TH/s
  • Power consumption: 3400 watts
  • Price: $3,000

This machine is one of the few top Bitcoin ASIC miners that can manage a power efficiency of 31J/TH (joules per Tera hash), making it a top performer. It measures about 16.875″ length by 5.75″ width by 8.8125″ height. Testing shows that the device’s power efficiency, power consumption, and hash rates do not vary by significant amounts when it is in use. The SHA-256 algorithm is used in the mining of Bitcoin and more than ten other cryptocurrencies.

The device is more efficient than the Whatsminer M30S+. It is manufactured by the Shenzhen-based MicroBT and is also sold with a 6 months warranty, 135 days payback period, and features plastic material. It connects to the computer through LAN.

Pros
The most performant mode
Rugged aluminum alloy case
Heavy-duty fans
Decent payback period
Cons
It is not cheap
Considerable size
High noise level
High level of heating

AvalonMiner 1166 Pro

Best for high hash rate mining.

AvalonMiner 1166 Pro
8.3
High Hashrate ASIC Miner
AvalonMiner 1166 Pro

  • Weight: 12800g
  • Noise Level: 75db
  • Temperature: -5 – 35 °C
  • Maximum Hash rate: 81TH/s
  • Power consumption: 3400 watts
  • Price: $3,000

The SHA-256 cryptocurrencies Bitcoin, Bitcoin Cash, Bitcoin SV, and others can be mined using AvalonMiner 1166 Pro. When compared to most of the devices on this list, it was released in August 2020 and manages a significantly higher hash rate and power consumption.

Given that it is produced by Canaan, a leader in mining hardware and one of China’s National high-tech enterprises, it is a well-known Bitcoin ASIC mining machine.

Pros
Safe and quality
low-cost and high-value
Cons
It is not cheap

ASICminer 8 Nano

Best for residential mining.

ASICminer 8 Nano
8.5
High Efficient ASIC Miner
ASICminer 8 Nano

  • Weight: 27000g
  • Noise Level: 47db
  • Temperature: 10°C to 45 °C
  • Maximum Hash rate: 58TH/s ±10%
  • Power consumption: 2500W±10%
  • Price: $1,200

With its long lifespan of up to 50,000 hours spent mining cryptocurrencies, the ASICminer 8 Nano is very robust. Given the extremely low noise level compared to any other machine on this list, it is arguable that the machine will continue to operate even with 35% of the fans off and can be used in residential areas.

Pros
Affordable price
Long Lifespan
Low noise
Cons
Low hash rate

Innosilicon A10 Pro

Best for Ethereum mining.

Innosilicon A10 Pro
8.4
Ethereum ASIC Miner
Innosilicon A10 Pro

  • Weight: 8100g
  • Noise Level: 75db
  • Temperature: 0 – 40 °C
  • Maximum Hash rate: 500MH/s (± 5%)
  • Power consumption: 950w (+/- 10%).
  • Price: $2,500

A better ASIC mining device than this one is the Innosilicon A10 Pro+, which hums at 750 MH/s. The device is sold by the manufacturer, Innosilicon, with a 121-day payback period. It is a mining device for Ethereum that uses the Ethash algorithm. Its dimensions are 136 x 282 x 360 mm, and it was published in 2020.

Both a LAN connection and a 10 A power rating are included. It is one of the most successful Ethereum miners available right now, according to reviews of Ethereum ASIC mining equipment.

Pros
Designed for Ethereum mining
Low weight
Cons
High noise level does not allow you to use the miner in a domestic room

AVALONminer 1246

Best for reliable and managed ASIC mining.

WhatsMiner M30S++
8.3
Reliable ASIC Miner
AVALONminer 1246

  • Weight: 12800g
  • Noise Level: 75db
  • Temperature: -5 – 35 °C
  • Maximum Hash rate: 90TH/s
  • Power consumption: 3420 watts
  • Price: $3,890

Canaan, a reputable producer of Bitcoin mining equipment, created the ASIC mining device, which uses a lot of power. With a power efficiency of 38J/TH, this miner can mine Bitcoin and other SHA-256 algorithm coins.

The Avalonminer 1246 is made with an integrated design that ensures reliability. The power supply is 285V, 16A, 50Hz to 60Hz AC. With a dimension of 331 mm X 195 mm X 292mm, it does not have a problem fitting, even in a cabinet.

The device also packs in high-temperature-resistant 12038 cooler master fans for better cooling. The front features two 7-blade fans to draw in air and the fan design and integration prevent the accumulation of dust on the dashboard.

Pros
Integrated design that ensures reliability
High-temperature resistant
Cons
A little bit expensive

DragonMint T1

Best for low temperature ASIC mining.

DragonMint T1
8
ASIC Miner for low temperature
DragonMint T1

  • Weight: 6000g
  • Noise Level: 75db
  • Temperature: 0 – 40 °C
  • Maximum Hash rate: 16TH/s
  • Power consumption: 1480 watts
  • Price: $2,729

The Halong Mining Company produces the DragonMint T1 ASIC mining machine, which uses the SHA-256 algorithm. It was published in 2018, and the business worked with a Bitcoin Core developer to make it happen. It can mine 7 additional cryptocurrencies that utilize this algorithm in addition to Bitcoin, Bitcoin Cash, and Bitcoin SV.

The FCC, EMC, LVD, and CE power unit certification is one of the features. Even during lengthy mining sessions, it has a temperature control mechanism to keep itself cool. Two 240V, 1480W, 9-blade fans are used by the apparatus. These make sure the device’s temperature doesn’t rise above 77 degrees Fahrenheit.

Pros
Low temperature resistant
Temperature control to keep cool
Cons
Low hashrate
Low power consumption

WhatsMiner M32

Best for non-profitable mining of coins that use the SHA-256 algorithm.

WhatsMiner M32 ASIC Miner
8
ASIC Miner for SHA-256
WhatsMiner M32

  • Weight: 10500g
  • Noise Level: 75db
  • Temperature: -5 – 35 °C
  • Maximum Hash rate: 68TH/s
  • Power consumption: 3312 watts
  • Price: $3,557

Despite having a low profitability rate, this device can efficiently mine SHA-256 algorithms at a rate of 0.054 j/Gh. As a result, we can use it to mine ASIC versions of Bitcoin, Bitcoin Cash, Bitcoin BSV, Peercoin, eMark, Unbreakable, Joulecoin, Curecoin, and Acoin. Its dimensions are 230, 350, and 490 mm.

Although the noise level does not make it ideal for use in residential areas, it has two fans to aid in cooling.

Pros
Superior stability
Cons
high noise level for home mining

Although mining is inherently risky, with many more ways to lose money than opportunities to make it, there is money to be made with the right amount of planning and research. And if mining cryptocurrencies were simple, it wouldn’t be nearly as exciting—much like the gold rush that drove people to flee to the hills in California.

How to Find the Best Bitcoin ASIC Miner

There are some important factors to look at when determining which Bitcoin mining ASIC to buy:

  • Hash rate – How frequently can a bitcoin miner produce hashes? Efficiency is essential because more hashes cost more money.
  • Efficiency – You should invest in the most effective bitcoin mining equipment you can find. This is the Halong Mining Dragonmint T1 at the moment. You should purchase a miner that converts the most electricity into bitcoins because they consume a lot of electricity.
  • Price – The price of the bitcoin miner Efficiency and electricity use are crucial factors in bitcoin mining because cheap equipment will produce fewer bitcoins. The cost of mining equipment will increase as it becomes faster and more productive.

Don’t try to purchase a miner based solely on price or hash rate. The most productive ASIC bitcoin miner is also the best.

ASICs’ Impact on Cryptocurrency

Blockchain technology, a decentralized platform that gives power to the general public instead of a centralized authority, is the foundation of Bitcoin. Instead of being housed in huge data centers, sensitive data is cryptographically secured and stored on the blockchain. Instead of relying solely on a single person or government, a huge number of people—referred to as miners—work together to validate the network.

Prior to miners realizing that GPUs were much better suited for mining, cryptographic hash functions were initially solved using CPUs. Miners primarily used GPUs as block difficulty rose.

Some GPUs were specifically designed for mining bitcoin.

The GTX1060 is a GPU that was made specifically for mining and has no outputs because of this. Although it is technically a graphics card, it is mining-specific hardware.

However, Application Specific Integrated Circuits, or ASICs, are significantly more potent. They were entirely built with mining as their only purpose. Their hashrates far exceed anything that GPUs are able to do.

The best ASIC chips will set you back a few thousand dollars each, but with great performance comes a high price. Until the introduction of ASICs, Bitcoin blocks were verified by the average user using their desktop.

How?

GPUs were rendered useless by ASICs. Large mining cartels were given early access rather than the average user by ASIC developers like Bitmain.

In a mining farm (large warehouse), thousands of ASICs are mining simultaneously. Evidently, the majority of people cannot afford even one or two ASICs, let alone thousands of them.

As more and more hashing power was concentrated in a small number of mining firms rather than being dispersed among many miners after the introduction of ASICs, the blockchain validation process grew more centralized. Unfortunately, Bitcoin is not anymore as decentralized as it once was.

ASIC Miner vs GPU Miner

Pros of Using ASIC Miners

The use of ASIC miners (rather than GPUs) has a number of advantages, from excellent performance to high energy efficiency.

Great Performance:

This makes it simpler for these machines to maintain excellent, reliable performance because miners can concentrate on mining just one kind of cryptocurrency. These systems can be optimized for a single currency more easily than they could be for hundreds or thousands of different currencies. As a result, most ASIC miners are much more effective than graphics card units.

Space Efficient

ASIC miners are standalone devices that can start mining as soon as they are plugged into a computer with an internet connection. While a motherboard and CPU cooling are not necessary for the proper operation of graphics processing units. Make sure to pair your ASIC miner with a reliable power source that can meet the device’s power requirements.

Highly Energy Efficient

Because of how energy-efficient these systems are, any significant decline in the price of a cryptocurrency does not necessarily mean that power expenses will be higher than revenues. Due to their efficient mining hardware, ASIC miners like the JASMINER X4-1U outperform all graphics cards despite only using a few hundred watts of power.

Cons of Using ASIC Miners

There are a few things to be aware of even though ASIC miners are significantly more efficient than graphics processing units.

  • Can Only Be Used With One Currency: Since each ASIC miner is optimized only for one cryptocurrency, you’ll need to buy two ASIC miners if you want to mine Ethereum and Bitcoin, for example, despite the fact that this is an ASIC miner’s main advantage.
  • Centralizes the Market: ASIC miners have some centralization even though the cryptocurrency market is supposed to be almost entirely decentralized. These devices are significantly more expensive than graphics processing units, so they are more likely to be centralized among wealthy crypto investors and miners.
  • Their resale value is lower, as they are only used for cryptocurrency mining and not used by gamers or professionals.
  • They are also usually much noisier than graphics card-based mining rigs.
  • ASIC miners weigh a lot – usually several kilograms. So make sure that your ASIC can withstand this load before placing it on a shelf.
  • ASIC miners must have an internet connection to mine cryptocurrencies. The majority of them only have an Ethernet connection to link the ASIC to a router; they do not typically have Wi-Fi. For this, an Ethernet cable is required. Even a standard Category 5 ethernet cable will work because the amount of data being transferred is unlikely to be significant. However, it must be bought before an ASIC because it is inexpensive. If you neglect it, the ASIC won’t be able to mine cryptocurrencies and make money for a few days. You will be able to connect and configure your newly purchased ASIC right away, but it will be an unpleasant surprise. The best asic miner software can be installed with an internet connection as well.
  • ASIC miner purchases run the risk of them not lasting long. It usually takes 3-5 years, according to our estimates. Before this time, the market may see the release of more energy-efficient ASIC miners, allowing other miners to continue mining cryptocurrency data profitably. However, the ASIC you own will generate less revenue because of its lower energy efficiency.
  • Manufacturers also often sell ASIC miners as pre-orders with no guarantee of delivery time. You should take this into account if you decide to purchase an ASIC because they can (and frequently do) postpone the anticipated delivery date multiple times. Additionally, look over the site’s delivery policies before making a purchase. Additionally, check the seller’s credibility to avoid giving money to con artists. Choose a secure payment method, like PayPal, after reading online reviews.

How to Mine Crypto Using ASIC Miners

The procedure is reasonably easy to follow if you want to mine cryptocurrency with an ASIC miner. However, using the device for mining does not simply entail plugging it in.

How to Mine Crypto Using ASIC Miners

Choosing An ASIC Miner:

Selecting an ASIC miner that has a high level of energy efficiency and hash power is the first step in this process. Make sure you don’t pick an ASIC miner that costs more than you can afford. The most recent ASIC miners that have been released on the market with the most cutting-edge features typically perform the best.

Make sure you have enough room for the ASIC rig you’re putting together. For their mining operations, many miners decide to build a sizable area in a basement or garage. Hardware, motherboards, a power supply, a central processing unit, and sturdy frames to support the devices should be included in the mining rig you design. If you want to avoid issues, the power supply you select should be able to handle the power consumption that your ASIC miners use.

Choosing Mining Software:

A mining pool‘s mining hardware, blockchain, and mining software are all connected by a computer program called mining software. The hardware won’t be able to be connected to the proper network or pool if the mining software you buy is incorrect.

BitMinter (which has since ceased operations), CGMiner, and MultiMiner are some of the most well-known pieces of software when focusing on Bitcoin specifically. The majority of the options available to you are paid and require a subscription, despite the fact that some mining software is available for free.

Join a Trusted Mining Pool

This step entails selecting the appropriate mining pool to join. The likelihood of being the first to solve the block puzzle is incredibly slim, so joining a pool is strongly advised, even if you like the idea of being an lone ASIC miner who completes this process on their own. The computing power of numerous machines is pooled for use in mining operations by utilizing a mining pool. The members then divide any profits earned from these operations.

Make sure to look at the pool’s size if you want to be sure the mining pool you join is reliable. Entering a bigger pool might be required to take advantage of a higher hash rate. Determine the pool’s payment schedule and any minimum payment requirements if any.

Calculate Crypto Mining Profitability

Despite the unpredictable nature of cryptocurrency mining, there are ways to calculate mining profitability and calculate your return on investment. When performing these calculations, the most crucial rates to take into account are energy costs, BTC prices, mining taxes, power consumption, and the hash rate of your preferred mining rig. Profitability can then be determined per day, per month, or per year.

Conclusion: Choose a Right ASIC Miner

This tutorial covered the best or top ASIC miners for mining Bitcoin, Ethereum, and other SHA-256 or ETHASH-based coins. When looking for an ASIC miner, profitability should always come first, but you should also make sure that the machine has adequate cooling, heat dissipation, and energy efficiency.

It’s also a good idea to purchase a miner that you can use to mine different coins, and every miner on the list fits that description perfectly.

  1. Antminer S19 Pro – Best for most profitable ASIC mining of Bitcoin
  2. WhatsMiner M30S++ – Best for highly efficient Bitcoin mining.
  3. AvalonMiner 1166 Pro – Best for high hash rate mining.
  4. Innosilicon A10pro: Best for Ethereum mining
  5. AvalonMiner 1246 – Best for reliable and managed ASIC mining.
  6. Dragonmint T1 – Best for low-temperature ASIC mining.
  7. Whatsminer M32 – Best for non-profitable mining of SHA-256 algorithm currency.
  8. ASCIminer 8 Nano – Best for residential mining.

The majority of the items on the list are excellent industrial mining options like the Antminer S19 Pro and can be used for non-residential mining. This is not even the most expensive mining rig on our list, but it is the best one you can buy for profitable mining. The WhatsMiner M30S++ and S19 Pro work together to manage hash rates of more than 100 Tera hash per second.

For mining at home, we advise ASICminer 8 Nano as the alternatives are too noisy. When Ethereum fully transitions to the proof of stake algorithm, you can use the Innosilicon A10 Pro+ to mine other coins. If you’re looking for the most ASIC Ethereum miner, choose it.

Frequently Asked Questions

Is ASIC Mining Profitable?

When electricity is inexpensive and the equipment is effective, mining bitcoins can be profitable. Although mining hash rate changes will undoubtedly be influenced by demand and pricing, profitability also depends on a cryptocurrency’s price.

It can be profitable or not, depending on the economics of a specific blockchain and coin. When mined using a mining pool, it is profitable. Using online calculators, you can quickly determine the profitability of ASIC mining for a particular cryptocurrency.

What ASICs Can Mine Ethereum?

A hash rate of up to 3GH/s can be mined using the Bitmain Antminer E9 for Ethereum. A10 Pro is another Ethereum ASIC miner. the InnoSilicon A10 ETHMaster, the 700 MH/s Antminer E3, and the InnoSilicon A10 Pro.

Is ASIC Mining Better?

Once ASIC miners hit the market, they typically outperform processors and graphics cards in terms of performance and energy efficiency. They have a low resale value, though, as we only use them for cryptocurrency mining. In contrast to graphics cards, if the cost of electricity exceeds the revenue, they won’t be useful for gaming and graphics work. As a result, there is a fair amount of chance of low resale value. ASIC miners typically make more noise than mining rigs made of graphics cards.

The adaptability of GPUs and CPUs over ASIC miners is another benefit. For the purpose of mining a different cryptocurrency, we can easily configure a graphics card. With ASIC machines, we are limited to using a single algorithm, which means that we can only mine a small number of cryptocurrencies.

However, everything is dependent on the cost and accessibility. The return on investment for an ASIC can occasionally be several times faster than a graphics card if you can find a good deal.

Can You Build Your Own ASIC Miner

Yes, it is possible to build an ASIC miner but it is very challenging to build one from scratch as it comes with a host of challenges that are not for beginners. The process is ultimately very difficult, and you might not even be successful. Because of this, it is preferable to purchase an ASIC machine and set it up on your own or to use GPU mining rigs.

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