The Best Bitcoin Mining Hardware for 2020!
The best Bitcoin mining hardware changes every year. New technology comes in and takes over the previous one making the later obsolete. Despite the profitability and a way to build passive income, your Bitcoin mining equipment might incur severe losses and harm your bank account with massive expenses.
On its inception, Bitcoin Mining was a simple task and home computer or low-end laptops could easily take part in the network. However, with time and interest Bitcoin mining and its difficulty has exploded requiring specialized ASIC Bitcoin miner to do the job. In other words, you need to purchase Bitcoin mining equipment to make decent profits out of Cryptocurrencies.
When it comes to best Bitcoin mining hardware it quickly changes, as the new ASIC Bitcoin Miner replaces the old one in the market. There are also many companies making some of the best BTC miner and their competition give an advantageous situation to the investors. Chinese company such as Ebang is famous for its high-end bitcoin mining equipment. Also, Bitmain is one of the leading manufacturers of some of the best bitcoin mining hardware.
Best Bitcoin Mining Hardware
There is always a risk in investments and same is the case with Cryptocurrency Mining. The hardware you purchase today might become obsolete within a year or two. Bitcoin mining equipment manufacturers are constantly looking to make efficient ASIC miner to meet the demand. Back in 2016 any equipment with 14 Th/s was considered among the best Bitcoin mining hardware.
However, this is not a case anymore as miners are not settling for any BTC mining hardware that provides less than 30 Th/s. Long story short, BTC mining hardware is a constantly changing industry. As an investor, you should constantly look out for development in this market to enjoy steady profits. Below are some of the
Bitmain S17 and S17 Pro
S17 and S17 Pro are one of the best Bitcoin mining hardware available in the market as of today. They carry a whopping 50+ TH/s and contains second-generation nanochips. The duo is among the most efficient ASIC Bitcoin miner as at the time of this post and enables quick returns. However, the most significant feature of these mining machines are its low power consumption which helps to yield a profitable ROI
The S17 bitcoin mining equipment is manufactured by Bitmain and is a cost-effective successor of their previous machines. The S17 Bitcoin mining machines are available at several stores and you can get them for around $2500. Let us check the S17 Pro mining profitability using our Bitcoin Mining Calculator.
From the image above, we can see that S17 is a very efficient Bitcoin mining equipment and can cover your investment costs within a year. Ironically, this BTC mining hardware is hard to purchase as the company went out of stock within ten minutes of the sale. However, the used S17 miner are available in the market but are expensive than the original price which was $2320.
Innosilicon Terminator 3 (52 Th/S)
Innosilicon Terminator 3 is the second-best bitcoin mining hardware enabling high profitability. However, priced at around $2782, this Bitcoin mining equipment might be out of reach for many investors. The Terminator 3 contains almost the same specs as S17 but runs on lower power consumption.
As at the time of this post, the device can give around $16 in profits and can ROI in around eight months. You can buy this machine from Redbag, the official seller of this ASIC bitcoin miner. Below is the image depicting the returns from Innosilicion T3.
BitFury Tradis (Eight Boards)
Bitfury Tardis is another best bitcoin mining hardware you can purchase to build passive income. The model runs on BitFury latest Clarke chip technology and provides a mind gobbling 80 Th/s. However, this might mean more Bitcoin for you via mining, but the high Power Consumption kills this feature.
Tardis ASIC Bitcoin miner uses 6300W of power to mine your favorite Cryptocurrency. Besides it also weighs around 37000g which is way more than the industry average. In comparison, Bitmain S17 BTC mining hardware only weighs 9500g. Shocked? Talking about returns, a person can make $17 a day in profit from this Bitcoin mining equipment. However, as with the rest of the above ASIC bitcoin miner, the profit entirely depends on your electricity cost.
Companies are focusing on the creation of small chips to build a more efficient bitcoin mining equipment. The competition in the industry is ever-growing and new capitalist are entering the market to benefit from the opportunity.
Choosing the best Bitcoin mining hardware is not a cherry-pick task. As an investor, you should go for extensive research about the ASIC bitcoin miner you are planning to buy. However, if you feel short of time doing so, choosing any of the above would be a workable option. If you are still unsure, as to which Bitcoin mining machine to choose then Asicminervalue might be a good resource.