Best and cheapest bitcoin mining hardware
Best and Cheapest Bitcoin Mining Devices
We must first understand the basic terms that will help us understand the technical aspects involved in bitcoin mining, and mining can be fun and profitable if you have cheap electricity and get the best and most efficient bitcoin mining hardware.
Before talking about Bitcoin mining hardware, it is not the only solution to get cryptocurrency if you want to invest, there are different ways such as buying and selling from the popular trading platform Binance, which is a cryptocurrency exchange that provides a platform for trading many currencies and is considered the largest cryptocurrency platform In the world. according to size.
Cryptocurrency mining is an unusually boring, expensive and rewarding process, yet cryptocurrency mining has a magnetic appeal for many investors interested in cryptocurrency due to the fact that miners are rewarded for their work with cryptocurrency.
This may be because businessmen see mining as money from anything like the California gold miners in 1849.
And if you work in technology, why not do it?
Especially after Samsung recently announced that it will start designing chips for mining purposes, this information appeared at a conference in China, and this proves that the competition will be tough.
Bitcoin mining hardware has changed dramatically from what it was in the past.
As the process became more complicated due to the increasing interest in it by individuals and companies, including those who made their own equipment and there was a race and competition between them.
Due to the process of Bitcoin mining initially, it did not require large hardware except for the central processor of the computer only.
To develop things later and graphics processors enter the field of mining and later command ASIC hardware.
How do I know the best Bitcoin mining devices?
Price is an important thing to consider.
Instead, price is the number one factor to consider.
If the equipment is inexpensive, it is sure that it has lower operational efficiency and sustainability that cannot be compared to the expensive one, so care must be taken about the cost of the equipment and include it in the calculation of the mining process, even if it is possible or not.
Efficiency: Does the mining process succeed under the climatic conditions (heat, humidity…) and the price of electricity in the area where the mining is taking place, and accordingly, devices that work very efficiently in converting electricity to Bitcoin must be chosen here.
Hash rate: Among the things to look at to find out whether or not the mining process is effective, the higher the hash rate, the more likely you are to solve the block and get a rewarding Bitcoin reward.
1 BitMain AntMiner S7 device
AntMiner S7 has become one of the most popular bitcoin miners due to its low power consumption factor, the recommended power supply unit for using the S7 is 1600W APW3, which is one of the best on the market, and it is special.
The AntMiner S7 is designed for bitcoin mining, the efficiency of the AntMiner S7 depends on the ambient temperature and the power supply being actively used, but at a room temperature of about 25 degrees Celsius, the S7 produces about 1,300 watts.
Profit from mining approximately $2.43 per day
Bitcoin miner $150.
2 BitMain AntMiner S5
Even if the Bitmain Antminer S5 is not the latest Bitcoin miner like the other S7 and S9 versions, its functionality is perfect as the Bitmain Antminer S5 features a power supply called 115V, which consumes about 560 watts.
Power consumption needs are as low as those powering Bitcoin miners that the Antminer S5 can accommodate.
The unit produces about 1 Gbps for every 0.51 watts consumed.
Regarding the efficiency of the S3, the efficiency of the S5 has improved compared to its predecessor.
Profit from mining approximately $0.59 per day
Bitcoin miner costs $190
3 BitMain AntMiner L3
AntMiner L3+ has an easy to use Bitcoin miner and it is among the Bitcoin miners that come in packages with a hash rate of around 504MHz per second and use up to around 800W and have an efficiency of 1.6 J/MH.
Production capacity $2.75 per day
Bitcoin miner $209 price