Bitcoin Mining Hardware (Comparison)

The best hardware for Bitcoin mining

If you want to discover how Bitcoin mining started and how it was evolved since 2009, you will definitely find this article very useful. So, let’s discover the history of Bitcoin mining equipment and see the comparison of some of the best hardware that are available on the market today.

In the beginning, mine-workers used their central processing unit which is well-known as CPU for mining. However, soon they understood that such method is not very effective. It slowed down some system resources of the host computer. Therefore, mine-workers decided to switch to the graphic processor known as GPU in computer video cards as long as they could hash data up to 100 times faster and required less energy.

During the winter of 2011, a new industry was established with using special equipment that increased the standards of performance and effectiveness. The very first hardware was very easy to utilize. Bitcoin mine-workers were based on programmable gate array processors and were connected to computers by using a convenient USB. Programmable gate array mine-workers used much less power than graphic processors, therefore, new mining farms were created.

Nowadays, modern Bitcoin mining equipment includes ASICs also known as the application-specific integrated circuit. They have taken over completely and now widely used for mining purposes all over the world. ASIC work at unprecedented speeds consuming much less energy than the above-mentioned GPU and FPGA.

There are two main factors that define the best Bitcoin mining equipment. The first one is the price of hardware and the second one is electricity efficiency.

More about ASIC mining equipment

At first, we need to say that ASIC were created for mining bitcoins exceptionally. They have the minimum requirements for usual computer applications. With the help of this very equipment, you can find bitcoins much faster and use less power and electricity comparing with older equipment such as GPU and FPGA.

When Bitcoin mining increases, the price of bitcoins grows as well as the price of ASIC. Also, the more Bitcoin mining hardware is deployed to protect the network, the mining difficulty grows. This makes it impossible to compete successfully without using ASIC equipment. Also, ASIC technology becomes faster and effective, therefore, it makes Bitcoin mining the best.

Here is the list of the most famous and effective mine-workers for Bitcoin: Antminer S5, Antminer U3, ASICMiner BE Tube, ASICMiner BE Prisma, Avalon 2, Avalon 3, BTC Garden AM-V1 616 GH/s, VMC PLATINUM 6 MODULE, and USB.

Bitcoin cloud services

Another way to mine bitcoins is to use a Bitcoin cloud service. You will not have to buy and set up any equipment. By using a Bitcoin cloud service, you will have an opportunity to mine online but you will not have an access to the hardware, therefore, will not be able to control it to make mining more successful and improve it if the process of mining suddenly slows down.

Please review some of the best and most reliable Bitcoin cloud mining services that offer contracts:

The contact offers to mine with the help of SHA256. It provides opportunities to mine better coins by using this very equipment. Also, all automatic payouts will be done by Bitcoin. The customers who are interested in using the contract has to buy at least 10 GH/s.

Genesis Mining
The company is one of the most reliable providers of Bitcoin cloud mining. It offers three plans for mining. All of the come at reasonable price. Also, those contracts allow mining Zcash.

Hashing 24
The organization has been dealing with cloud mining for the last 5 years, therefore, has a decent experience in delivering trustful products and various offers that match different requirements. The company utilizes modern ASIC chips that guarantee high effectiveness and performance.

The company is an innovative aggregator of blockchain projects that are provided in economical simulation format. Customers can purchase cloud packs that later can be used for using the index from pre-chosen sets of cloud intellectual farms, casinos, markets, etc.

The contacts will offer you a pool, as well as merged mining and cloud services for Bitcoin.

The company is controlled by Bitmain which is a producer of mine-workers called Antminer. At the moment, the company has got more than 600 mine-workers model S7 to rent out for customers. To rent a mine-worker will cost about $1200. You can visit their official site to check out current prices.

Bitcoin cloud mining
Right now all contracts provided by the organization are sold out.

The company provides a unique attitude because it offers an order book to match the customers’ requirements and those who sell contracts for mining. All valid prices for contracts are available at the company’s official website.

This quite a low-priced offer because everyone can start with them just by putting $10.

Right now, the company has more than 35 TH/s of mining hardware to rent out for customers. Some of the equipment that is available for rent are Antminer models S4 and S5 which are great for mining and making the profit.

Here we decided to provide you a comparison of the most demanding and popular Bitcoin mining equipment. The comparison is based on the price and technical characteristics. Our comparison includes AntMiner model S7, model S9 and Avalon 6. So, the most expensive and most effective mine-worker is AntMiner S9. Its price comes to almost $2000, while other two hardware can be purchased at the price $500. AntMiner model S9’s capacity reaches 13.5 Th/s while AntMiner S& provides 4.73 Th/s and Avalon 6 only 3.5 Th/s. The power efficiency of AntMiner S9 is 0.098 W/Gh, other two miners have a bit less than 0.30 W/GH. Therefore, you can see how much power you can save by using the most expensive mine-worker. Also, AntMiner S9’s weight reaches only 8.1 pounds while S7’s weight is 8.8 pounds and Avalon 6’s 9.5 pounds.
Find the full list of all mining equipment, prices, and technical characteristics.