The cryptocurrency market provides an opportunity to earn money for ordinary users, entrepreneurs and companies. One of the ways to get income is mining coins and tokens. Solving a special problem allows you to mine digital currency. Popular computing equipment in 2022 is video cards and ASICs. Only ASIC devices are used to mine bitcoins. If you need a good asic miner hosting you can go to Minery for a full range of professional cryptocurrency mining hosting services.
What Are ASICs
ASIC for mining is a special device built on an integrated circuit and focused on solving complex problems in the extraction of cryptocurrency blocks. Unlike GPUs, ASIC miners are characterized by high hashrate, long service life and relatively low payback.
Asics have become the transition from amateur GPU rigs to professional rack rigs. GPU rigs remain valuable for mining coins for which dedicated hardware has not been developed. The advent of ASICs on the network is rapidly crowding out other forms of mining.
The positive aspects of ASICs include:
- Increased power in terms of hashrate;
- Easy to use;
- Availability for purchase.
Of the minuses, it is worth highlighting:
- High price;
- Low flexibility (most models cannot be switched to mine other coins);
- Consumes more power than GPUs.
Frequently Asked Questions
How to choose an ASIC miner?
The market for mining equipment is huge, so it’s easy to get confused. To choose the best ASIC for mining, pay attention to the following characteristics:
The cost of modern ASIC miners depends on many factors: manufacturer, hashrate, payback period, power, and other parameters. The average price range is between $1,500 and $10,000.
When buying an ASIC for Bitcoin mining, pay attention to the power consumption of the equipment. The amount of payment for consumed kWh in your region depends on this.
- CPU frequency.
The efficiency of ASIC for mining directly depends on this parameter. The higher the frequency, the better the device will cope with its task.
The most important parameter that miners pay attention to in the first place. The larger it is, the faster the ASIC solves problems and helps to mine blocks. With the advent of new models, this figure is also increasing, but with it, energy consumption is also growing. That is why before buying an ASIC miner for Bitcoin, you need to calculate the payback.
How to calculate ASIC payback?
The payback period depends on a number of factors:
- ASIC price for bitcoin mining;
- The cost of electricity;
- Performance (hashrate);
- The cost of electricity.
The fastest and easiest way is to make a payback calculation using a mining calculator. The process of using is simple and involves several steps:
- Choose an algorithm. In the case of Bitcoin, this is SHA-256.
- Enter the hashrate in GH/s.
- Specify the power of the ASIC miner in Watts.
- Scroll down and enter the price for 1kWh of electricity in your area.
- Click on the “Calculate” button.
After issuing the results, find the Bitcoin line and see the daily income without electricity costs. Please note that the data shows the payback period of the ASIC miner at the time of calculation. Over time, the payback period may decrease or, conversely, jump with an increase in the exchange rate. That is why when calculating it is necessary to look at least a few years ahead, read the news and forecasts.
Best ASIC Cryptocurrency Miner
The modern market offers a wide range of equipment. Below are the best ASICs Cryptocurrency miner in 2022.
Antminer S19J pro 104Th
One of the best ASIC miners working on the SHA-256 algorithm. It has a power of 3.068 kW, runs on 12 V and produces a relatively low noise level of 75 dB. Able to work at temperatures from 5 to 35 degrees Celsius and at humidity from 5 to 95 percent. The biggest advantage is the hashrate of 104 TB, which allows you to receive an average of about $ 13.4 per day. Payback period – 20 months.
Innosilicon T2Th 32Th
A powerful bitcoin mining ASIC that has received a lot of positive feedback. It is one of the best in terms of price and quality. The device has relatively small dimensions (15x18x40 cm), so it does not take up much space at home. The noise level is 72 dB. Power consumption – 2.2 kW, and performance – 32 TX / s. Unlike the model discussed above, Innosilicon T2Th 32Th is capable of operating at temperatures up to 45 degrees Celsius. The average yield of the device is $1.93/day, and the payback period is 26 months.
Avalon A1126 68Th
High-quality and reliable ASIC for Bitcoin mining, with high performance (64 TH / s) and a power of 3.42 kW. The noise level is slightly higher than that of competitors – 78 dB. The weight of one device is about 12.5 kg. The average income per day with these parameters is $ 6.22 per day, which allows you to recoup the costs within two years.
Antminer T19 84Th
One of the best ASICs for Bitcoin mining in 2022 with a performance of 84 TH / s, a power of 3.15 kW and dimensions of 19.5x29x40 cm. The noise level is 75 dB, which allows the device to be used in technical rooms at temperatures from 5 to 40 degrees Celsius. Optimum humidity is between 10 and 90 percent. With these parameters, you can count on a daily income of $ 9.4, which provides a payback in 20 months.
When choosing an ASIC for BTC mining, you should take a comprehensive approach to buying in order to avoid wrong decisions. First, decide on the size of the budget and the relevance of the purchase of equipment. Find a suitable installation location. Calculate payback periods and potential income with the mining calculator. It will not be superfluous to compare the technical characteristics and prices of different ASIC miners, and then make the final choice.