Choosing the Best Asic Miner for 2024
ASIC hardware machines are capable of functioning based on different algorithms with maximum efficiency in mind. Each machine is designed to mine a particular cryptocurrency based on the algorithm used. We have prepared a list of the best machines – TOP ASICs for mining bitcoin and ether as well as other cryptocurrencies using SHA256, EtHash, Scrypt encryption algorithms.
The hardware ASIC machines are capable of functioning on the basis of different algorithms with due consideration of maximum efficiency. Each piece of hardware is designed to mine a particular cryptocurrency based on the algorithm used. We have prepared a list of the best machines – TOP ASICs for mining bitcoin and ether, as well as other cryptocurrencies using SHA256, EtHash, Scrypt encryption algorithms.
Choosing the Best Asics for 2024
Here’s a look at the top mining asics, as well as what will be popular in 2024(including the asics just arriving on the market). Let’s start with the most powerful devices in terms of hashing speed.
Maximum Bitcoin Mining with Antminer S19 Pro+Hyd
ASIC miner model Antminer S19Pro +Hyd – the latest development of Bitmain, which is sure to become popular in 2024. The equipment is capable of developing hashing speeds up to 198TH/s. The use of a hydro-cooled power supply affects efficiency – more than 95% provides energy savings. The profitability of this ashik can be compared with Antminer S9 profitability.
Technical parameters:
● The actual claimed hashing speed is 198TH/s;
● The equipment is designed for mining BTC/BCH/BSV cryptocurrencies;
● Secure SHA256 encryption algorithm is used;
● Functional system of hydrocooling;
● Power consumption is equal to 5445W with energy efficiency of 27.5 J/TH;
● Network connection option: RJ45 Ethernet 10/100M;
● Weight 15.2kg with dimensions 410x196x209mm;
● The investment offers a 195% annual return and a payback period of only 186 days;
● Disadvantage: because of the liquid cooling system the water consumption will be about 8 l/min.
Antminer S19XP 140TH/s
The model Antminer S19XP appeared quite recently, becoming a “breath of fresh air” for miners. This powerful machine from Bitmain is equipped with 5nm TSMC chips and develops a maximum hashing speed of up to 150TH/s. If you compare it with other devices in this list, it certainly takes the leading position at the top of the Top Asics for Bitcoin mining as the “most cost-effective and efficient device” on the market.
Technical parameters:
● The machine is designed for Bitcoin/BitcoinCash cryptocurrency mining;
● The claimed hashing speed is 140TH/s with the ability to develop 150TH/s;
● Working algorithm: using SHA256;
● Energy efficiency: 21.5 J/TH;
● Power consumption: 3010W with an accuracy of ±5%;
● Network connection method: RJ45 Ethernet 10/100M;
● Overall dimensions: 400x195x290mm with a weight of 14.5kg;
● The investment offers a 196% annual return and a payback period of only 215 days;
● Disadvantages: high cost.
Whatsminer M30S++ 112TH/s
Whatsminer M30S++ miner is another powerful machine that functions based on SHA256 algorithm, which is suitable for mining Bitcoin and more than 10 other cryptocurrencies. This is an ideal device for novice miners or large farms.
Technical parameters:
● The rig is designed to mine Bitcoin and Bitcoin Cash;
● Hashing rate 112TH/s ±5%;
● Power consumption: 3472W ±10%;
● Network connection: Gigabit Ethernet RJ45 10/100M;
● Energy efficiency index: 31J/TH;
● Weight 12.8 kg for dimensions 425 x 155 x 240 mm;
● 135-day payback period, 6 months warranty;
● Disadvantages: high noise level, high heating.
AVALON miner 1246
The AVALON miner 1246 is manufactured by Canaan. The device has an automatic fault alert function, and a built-in chip that analyzes hash values with intelligent algorithms and detects cases of hash rate fluctuations.
Technical parameters:
● SHA256 operation with an energy efficiency of 38J/TH;
● 285V, 16A, 50-60Hz AC power supply;
● Maximum hashing speed 90TH/s;
● The machine is designed to mine BTC/BCH/BSV cryptocurrencies;
● Power consumption is equal to 3420W;
● Network connection option: RJ45 Ethernet 10/100M;
● Cooling system: high-temperature fans 12038;
● Overall dimensions 331h195h292mm with a weight of 12.8kg;
● At a daily rate of return of 7.22USD/day, the payback period is more than a year;
● Disadvantages: insufficient energy efficiency, losses to competitors in terms of hashing speed.
ASICminer 8 Nano Pro
ASIC miner 8 Nano Pro is a heavy horse, capable of up to 50 thousand hours of cryptocurrency mining. The device functions on SHA256, so it is ideal for mining Bitcoin, BitcoinCash, Crown, and other coins based on the specified algorithm.
Technical parameters:
● Hashing speed is equal to 76TH/s with the possibility to develop up to 84TH/s;
● AM0815 8-nanometer 378 integrated circuits;
● Power consumption: 4000W with an error margin of ±10%;
● Network connection method: RJ45 Ethernet 10/100M;
● The original silent water cooling system;
● Dimensions 500h1000h240mm with a weight of 69kg;
● The only disadvantage: unrealistically solid weight, and a long payback period.
Conclusion
Profitability is one of the important factors to consider when looking for an ASIC miner. You should not forget the hashing and efficiency parameters, as well as heat dissipation and cooling potential. We hope that our list of top ASICs for mining 2023-2024 will help you make the right decision.
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