As cryptocurrencies spread and the price of bitcoin, the flagship digital asset, has risen significantly since the White Pages of Satoshi Nakamoto was published, more and more people are trying to get their hands on some coins.
As you know, bitcoin can be purchased for fiat or digital currencies at cryptocurrency exchanges, and it can also be mined, which requires special equipment. These are powerful highly specialized sets of hardware elements used exclusively for mining cryptocurrencies.
Today there is a wide range of different mining devices, which are purchased based on their performance and profitability calculations. This includes the hash rate – an indicator that reflects the potential for the number of cryptocurrencies mined, the cost of the equipment and the power consumption, that is, the fee that will have to pay for electricity.
Antminer S19 Pro
The Bitmain Antminer S19 Pro with a hash rate of 110 Tx/s (terahesh per second) is a beast of a miner ideal for industrial scale operations. Despite the staggering price tag of $10290, it is the best illustration of the “you get exactly what you pay for” principle.
This miner is one of the leaders in hash rate and efficiency, while consuming the most power at 3,250 watts (±5%). The S19 Pro comes with four cooling fans to keep the operating temperature down.
The DragonMint T1 from Halong Mining, with a lower but still lucrative hash rate of 16 TX/s, is the right option for those who want a small but decent miner that won’t hit their pockets.
The rugged little device costs $1371 and consists of three processors, consuming 1480 watts of power. In addition, it is considered one of the most stable devices for mining, because it limits the power to 12 V.
AntMiner L3+ is one of the most affordable miners on the market, which has serious power, including a hash rate of 504 Mh/s (±7%). It consumes about 800W (±10%) of power.
Thanks to the PCI Express connector and built-in control panel, no separate computer is required to operate the miner. The L3+ is a more affordable class of mining equipment, as it can be purchased for $482, but the power supply for it is sold separately.
The older but very popular AntMiner D3 costs only $249.95 and is a truly budget-friendly mining device. Its hash rate is 19.3 Tx/s (±5%) and power consumption is 1200W (±10%).
However, this miner has one small “but”, which can be decisive. With this mining equipment, the user can only mine the cryptocurrency Dash (DASH), which, however, can be converted to bitcoin.
Another powerful player, Canaan’s AvalonMiner 1246 boasts a hash rate of 90 Tx/s (±3%) as well as two 7-bladed cooling fans that prevent dust accumulation on the dashboard, which extends the life of the machine.
The AvalonMiner 1246 will automatically alert the user in the event of a fault affecting the hash rate. The miner consumes 3,420 watts (-5%, +8%) and costs $4,599.