Best Bitcoin Mining Hardware - How to Choose the Best Bitcoin Mining Hardware

A lot of ASICs are available for mining bitcoin in the second half of 2018, with all initial cost and power consumption / hashpower ratio.This guide will go through the available Bitcoin ASIC currently, estimates how much it is beneficial based on the difficulty and cost of the latest Bitcoin in September 2018. We posted a different guide on bitcoin mining

listen! I would like to welcome you to this guide to choose the best bitcoin mining hardware. If you want to start earning a passive income mining bitcoin, then you have come to the right place. This guide will explain the differences between the top bitcoin mining rig on the market today.

If you do not know your DragonMints from your Antminers, do not worry. As always, I will explain this to you in an easy way to understand.

This guide for Bitcoin mining machines will cover the following:

What is bitcoin mining.

How to choose a bitcoin mining machine based on your own circumstances

Take a look at the top mining units on the market today. I will cover: DragonMint T1, Antiminter T9 +, Antiminator R4, Avalon 6, Antiminator S9, and Pangolinaminer M3X. There will also be indications that each of these types of miners will appeal.

One Year Break Even Comparison

By using our ASIC Bitcoin miners calculator, we can give optimistic and skeptical estimates for profitability. This guide is useful for initial comparison, and the calculator can be used to get the most up to date data. We believe that if mining becomes profitable, you will close the miners - so for example, for the Antiminarer S9, the annual income is $ 0 (but if you continue to run it, it will be really negative).

What is Bitcoin Mining?

The role of bitcoin mining is to verify that follow the transaction rules on the network. To do this, complex computer units are used to check the transaction and broadcast them to other computer systems around the world. Operators to the computer system are rewarded for their efforts. This reward comes from both fees which are determined by each transaction and mining reward network itself.

To prevent people who are defrauding the network, a system known as "proof-work" is used. Proof is required before adding any group (block) transaction to BlockChain. When the computer is working its proof, then what are they trying to guess a long string of numbers and letters. This string is known as a hash.

Only the computer that hash correctly guesses it can add the block to the series. Proof-of-work requires computational power and the process is neither quick nor cheap. In order to deceive the network, so many investments will be required, for anyone to try and modify blockchain is not financially viable. This is the main security feature of Bitcoin (and other cryptocurrency) networks.

Bitcoin could be done by people who were found in your computer system at home by the CPU (central processing units) at home. However, since more units started to start the network, they were trying to guess the difficulty of the hash. This changed the people into high-powered processors like GPU (Graphical Processing Units). These GPs are usually found in high-end gaming pc.

Today, it is very hard to solve the hash and there are many miners who are trying to solve them that only expert computer systems can solve them. These units use application-specific integrated circuits chips - or at least ASICs.

Depends on Your Circumstances

Although bitcoin miners are now limited to choosing from a range of AIIC, but there are still many options. Choosing one will depend on the personal circumstances of each miner. Some miners want one unit to work in their spare bedroom. Others want some affordable ASICs to start mining for the first time. Finally, there are some people who want to fill the warehouse with the perfect best bitcoin mining hardware.

While choosing Bitcoin mining hardware many things are noticeable. It is important for each unit to judge their hashing power, their electricity consumption, their environment temperature, and their initial cost to buy.

There are also some ideological reasons for choosing a manufacturer on another. These are related to decentralization and I will look back on some issues that are circulating later in this article.

Best Mining Hardware

Finally, I can go to the real topic of this article - Bitcoin Mining Hardware. I have seen Bitcoin Mining Rig from some of the biggest and most famous manufacturers on the planet to make this list.

I have also tried to group different tools in terms of those applications for whom they are most suitable. I will give you my recommendations for the bitcoin mining rig:

People on a tight budget

People want my food at home

Those who have never met Bitcoin before.

Those who are looking to spend most on the most power-bitcoin mining hardware.

Some alternative options for professional miners who can not detect adequate DragonTint T1 for their operation.