Although you can profit from bitcoin mining, the energy and mining costs of bitcoin mining devices can actually damage your bank account.
Choosing the wrong devices can cost you more money than you earn for bitcoin mining.
Unlock tips, regulations and recommended resources to stay ahead of the technology curve.
To avoid losing profit from bitcoin mining, we have sponsored a list of the best bitcoin mining devices, with their price, retail rate and power consumption, to help you decide which devices are right for you, no matter how much mining experience you have. Read on to find the right bitcoin mining equipment for you.
7 of the best bitcoin mining devices for 2019
1. Bitmain Antminer S9i
As the most common bitcoin mining device in the world, Antminer S9 is sold entirely on the Bitmain website. Fortunately, though, Bitmain released the Antminer S9i for only $ 499 in May.
The S9i features a 14 TH per second segmentation and power consumption of 1320 watts, making it one of the most efficient Bitcoin mining devices out there.
If you are an intermediary or expert miner trying to make profits, the low cost offered and high efficiency of Antminer S9i can offset fairly noble energy costs and help you make some money.
2. Halong Mining DragonMint T1
Of all the bitcoin mining devices on the market, DragonMint T1 has the highest segmentation rate of 16 TH per second. With a power consumption of 1480 watts, which translates to 0.075 joules per gigabyte, it is the most powerful and efficient Bitcoin mining device there.
Of course, there is a lot of demand for DragonMint T1, so you have to pay a high price of $2729 to buy it.
But if you are an expert miner with low electricity costs, the power and efficiency of the DragonMint T1 can offset its high pre-cost and help you make profits.
3. Bitmain Antminer T9
With a segmentation rate of 12.5 TH per second and power consumption of 1576 watts, Antminer T9 is less powerful and efficient than Antminer S9i, but it is considered the most reliable option.
They have higher quality chips than the S9i, so they are more stable and don’t burn at speed.
You should expect to pay around $ 500 for Antminer T9.
If you are expert miners who want permanent bitcoin mining devices, this is a good choice.
4. Whatsminer M3X
Although it uses the most power from all the devices on this list, which require 2050 watts of power, Whatsminer M3X is also one of the most powerful devices with a hash rate of 12.5 TH per second.
The M3X is also more expensive than other high-powered devices, costing $ 1,022, which can offset high energy costs and help you make profits. If you are an expert Bitcoin miner at a lower-than-average cost in electricity, it may be the best appliance for you.
5. Bitmain Antminer R4
Bitmain’s Antminer R4 is located behind Antminer S9i in terms of efficiency, with a rate of 8.7 TH per second and small power consumption of 845 watts. One of the best features of R4 is that it works almost silently, making it the ideal device for extracting bitcoins at home.
The cost and efficiency of the R4 come at a cost, though – you’ll need to spend $ 2999 to buy it on Amazon. If you are a hobbyist or an intermediate miner trying to make money at home, consider using Antminer R4.
6. Avalon 6
Avalon6, listed at $ 300 on Amazon, is one of the most affordable bitcoin mining devices and is the easiest to set up.
But it also has low efficiency, having a hash rate of 3.5 TH per second and relatively high power consumption of 1050 watts.
Unless electricity costs are too low, using Avalon6 to extract Bitcoin more than it costs to operate is almost impossible. Avalon6 is best for beginners or amateurs because you probably won’t make money with devices.
7. Bitmain Antminer S7
One bitcoin mining device for beginners or amateurs is Bitmain Antminer S7.
Its low cost is $ 200 commensurate with its low efficiency – it has a segmentation rate of 4.73 TH per second and power consumption of 1293 watts.
But if the price of bitcoin rises and you can find very cheap electricity, it is possible to make a profit.