ASIC miners are specialized hardware devices that are designed to mine cryptocurrency. They are much more efficient than general-purpose computers, and can generate significantly more hash power.
If you are considering getting into cryptocurrency mining, it is important to choose the right ASIC miner for your needs. There are a number of factors to consider, such as the hash rate, power consumption, and price.
In this article, we are going to examine the best ASIC miners in the market today and explore their main features.
Here are some of the best ASIC miners on the market in 2023:
- Bitmain Antminer S19j Pro+ – The best ASIC miners overall
- Bitmain Antminer S19 XP – A highly efficient ASIC rig
- MicroBT Whatsminer M50S – An excellent all-around option
- Bitmain AntMiner S19 Pro – A relatively cheap option for those just starting out with BTC mining
- MicroBT Whatsminer M30S++ – An older but still very popular ASIC miner
- Bitmain Antminer S19 XP Hyd – The most powerful (and expensive) ASIC machine
The 6 best ASCI miners: Examining the top ASIC mining rigs in 2023
The following list includes some of the best ASIC mining rigs you can get your hands on today. All miners on the list support the SHA-256 algorithm, which is used in Proof-of-Work (PoW) cryptocurrencies like Bitcoin, Bitcoin Cash, and others.
1. Bitmain Antminer S19j Pro+ – The best ASIC miners overall
The Bitmain Antminer S19j Pro+ is one of the most powerful and efficient ASIC miners on the market, and one of the best Bitcoin miners in general. It has a hash rate of 122 TH/s and a power consumption of 3,355 W. This means that it can generate a significant amount of hash power while using relatively little electricity.
The S19j Pro+ has a power efficiency of 28 J/TH (a lower number indicates higher efficiency), making it one of the more efficient ASIC machines in its price range. The Antminer S19j Pro+ is also relatively quiet, making it a good choice for miners who live in residential areas.
| Price | $1,895 |
|---|---|
| Release Date | December 2022 |
| Hash Rate | 122 TH/s |
| Power Consumption | 3,355 W |
| Efficiency | 28 J/TH |
Buy the Bitmain Antminer S19j Pro+
2. Bitmain Antminer S19 XP – A highly efficient ASIC rig
The Bitmain Antminer S19 XP is a good choice for miners who are looking for a powerful and efficient ASIC miner without breaking the bank. It has a hash rate of 141 TH/s and a power consumption of 3,032 W, for an overall energy efficiency of 21 J/TH.
The Antminer S19 XP is a good choice for miners who are looking for a powerful and efficient Bitcoin miner. It is also a good choice for miners who are new to mining, as it is relatively easy to set up and operate.
| Price | $3,589 |
|---|---|
| Release Date | July 2022 |
| Hash Rate | 141 TH/s |
| Power Consumption | 3,032 W |
| Efficiency | 21 J/TH |
Buy the Bitmain Antminer S19 XP
3. MicroBT Whatsminer M50S – An excellent all-around option
The MicroBT Whatsminer M50S is a good all-around ASIC miner. It has a hash rate of 127 TH/s and a power consumption of 3,276 W. This makes it a good balance between performance and efficiency, which stands at an impressive 26 J/TH.
At roughly $2,000, MicroBT’s ASIC machine is definitely worth considering for those who are thinking about starting mining crypto for the first time, as for those who might want to upgrade their current mining setup.
| Price | $2,055 |
|---|---|
| Release Date | July 2022 |
| Hash Rate | 127 TH/s |
| Power Consumption | 3,276 W |
| Efficiency | 26 J/TH |
Buy the MicroBT Whatsminer M50S
4. Bitmain AntMiner S19 Pro – A relatively cheap option for those just starting out with BTC mining
The Bitmain AntMiner S19 Pro is a popular choice for miners due to its good balance of performance, efficiency, and price. It has a hash rate of 110 TH/s and a power consumption of 3,245 W. While its efficiency is not as good as some of the more expensive choices on our list, it still boasts a very respectable efficiency of 30 J/TH.
The AntMiner S19 Pro is powered by the Bitmain BM1397 chip, which is a custom-designed ASIC chip for Bitcoin mining. The miner also features a quadruple-fan cooling system that helps to keep it cool during operation.
| Price | $1,715 |
|---|---|
| Release Date | May 2020 |
| Hash Rate | 110 TH/s |
| Power Consumption | 3,245 W |
| Efficiency | 30 J/TH |
Buy the Bitmain AntMiner S19 Pro
5. MicroBT Whatsminer M30S++ – An older but still very popular ASIC miner
The MicroBT Whatsminer M30S++ is a good choice for miners who are looking for a powerful and efficient ASIC miner. It has a hash rate of 112 TH/s and a power consumption of 3,392 W, for a total efficiency of 33 J/TH.
Like other miners on our list, the M30S++ mines using the SHA-256 algorithm, making it a great choice for those who’d like to mine coins like Bitcoin, Bitcoin Cash, and Bitcoin SV. The Whatsminer M30S++ is a good choice for miners who are looking for a powerful and efficient Bitcoin miner that won’t break the bank. It is also a good choice for miners who are new to mining, as it is relatively easy to set up and operate.
| Price | $1,992 |
|---|---|
| Release Date | October 2020 |
| Hash Rate | 106 TH/s |
| Power Consumption | 3,392 W |
| Efficiency | 33 J/TH |
Buy the MicroBT Whatsminer M30S++
6. Bitmain Antminer S19 XP Hyd – The most powerful (and expensive) ASIC machine
The Bitmain Antminer S19 XP Hyd is the most powerful ASIC miner on the market. It has a hash rate of 255 TH/s, and a power consumption of 5,346 W. This makes it an ideal choice for miners who want to maximize their profits.
It is important to note that the Antminer S19 XP Hyd is also the most expensive ASIC miner for sale today. It is also very noisy, so it is not suitable for miners who live in residential areas. For these reasons, we are putting the S19 XP Hyd at the bottom of our list despite its impressive specs.
| Price | $6,651 |
|---|---|
| Release Date | October 2022 |
| Hash Rate | 255TH/s |
| Power Consumption | 5,346W |
| Efficiency | 21 J/TH |
Buy the Bitmain Antminer S19 XP Hyd
Comparing the top ASIC miners side by side
If you are unsure which ASIC Bitcoin mining machine to pick, you can check the table below, which allows you to quickly compare features, prices, and other characteristics of the miners included on our list.
| Antminer S19j Pro+ | Antminer S19 XP | Whatsminer M50S | AntMiner S19 Pro | Whatsminer M30S++ | Antminer S19 XP Hyd | |
|---|---|---|---|---|---|---|
| Manufacturer | Bitmain | Bitmain | MicroBT | Bitmain | MicroBT | Bitmain |
| Price | $1,895 | $3,589 | $2,055 | $1,715 | $1,992 | $6,651 |
| Release Date | Dec. 2022 | Jul. 2022 | Jul. 2022 | May. 2020 | Oct. 2020 | Oct. 2022 |
| Hash Rate | 122 TH/s | 141 TH/s | 127 TH/s | 110 TH/s | 106 TH/s | 255TH/s |
| Power Consumption | 3,355 W | 3,032 W | 3,276 W | 3,245 W | 3,392 W | 5,346W |
| Efficiency* | 28 J/TH | 21 J/TH | 26 J/TH | 30 J/TH | 33 J/TH | 21 J/TH |
*A lower number represents higher efficiency.
ASIC miners FAQ
What is an ASIC mining rig?
An ASIC mining rig, or Application-Specific Integrated Circuit mining rig, is a specialized hardware device designed for the sole purpose of mining cryptocurrencies. Unlike general-purpose computers or graphics cards, ASICs are custom-built to perform a single task efficiently, which is solving complex mathematical algorithms required for cryptocurrency mining.
How to build an ASIC mining rig?
Building an ASIC mining rig from scratch involves selecting the right hardware, assembling the components, and installing the operating system and mining software such as CGMiner, BFGMiner, or NiceHash. Building a crypto mining rig can be difficult and requires a great deal of knowledge and experience. If you don’t feel comfortable building your own mining rig, we would highly recommend buying a pre-made machine from a reputable company like Bitmain or MicroBT.
Are ASIC miners profitable?
Whether or not mining Bitcoin with ASIC miners is profitable depends on a number of factors, including the price of Bitcoin, the cost of mining hardware, the cost of electricity, and the difficulty of the Bitcoin network.
At the time of this writing, Bitcoin mining is actually unprofitable when using most miners, leading some people to pose the question, “Is crypto mining dead?” The answer is that it depends. If you are living in an area with high electricity costs, then Bitcoin mining is probably not for you. However, if you have access to cheap electricity, then it can be very profitable.
In the following table, you can examine different scenarios that include different Bitcoin prices and electricity costs so you can conclude for yourself whether Bitcoin mining is profitable for you. For the purposes of this examination, we are going to use the estimated profitability potential of the Bitmain Antminer S19j Pro+, the top-ranking miner on our list.
| Bitcoin Price | Electricity Cost | Profit/Day | Profit/Year | |
|---|---|---|---|---|
| Scenario 1 | $26,700 (current price) | $0.12 | -$0.57 | -$205 |
| Scenario 2 | $26,700 (current price) | $0.08 | $0.97 | $351 |
| Scenario 3 | $35,000 | $0.12 | $1.09 | $398 |
| Scenario 4 | $50,000 | $0.10 | $7.30 | $2,664 |
*Data collected on October 15, 2023
Can ASIC miners be used for anything else?
ASIC miners are specifically designed for the singular purpose of mining cryptocurrencies and are not versatile like general-purpose computers or processors. They are built with highly specialized hardware tailored to perform the complex calculations required for cryptocurrency mining.
How do ASIC miners work?
ASIC miners work by performing the specialized and intensive computational tasks required for cryptocurrency mining. ASIC miners are highly specialized and dedicated to solving cryptographic puzzles and maintaining the integrity of blockchain networks.
The bottom line
Which ASIC miner is right for you will ultimately depend on your individual needs and budget. If you are looking for the most powerful and efficient miner on the market, the Bitmain Antminer S19 XP Hyd is a good choice. However, it is also the most expensive miner on our list, and probably out of reach for most individuals. If you are looking for a more affordable option, the Bitmain Antminer S19 Pro+ or the MicroBT Whatsminer M50S are both good choices. They offer a good balance of performance, efficiency, and price.
Long gone are the days when you could mine Bitcoin using your own personal computer with a regular GPU or even just a CPU. Today, you’ll need powerful specialized hardware to mine BTC, and even with that hardware, mining a single Bitcoin can take a lot of time.
If you want to try mining crypto but don’t necessarily have the resources for a Bitcoin mining machine, you can consider mining crypto on your mobile phone.
Source: https://coincodex.com/article/33356/asic-miners/