Bitcoin mining used to be easy, all you needed was your personal computer and you could mine and benefit from miners’ reward.
That has changed drastically over the years as the network became more congested with users.
The difficulty of mining Bitcoin has also increased significantly, making it impossible for many to continue in the mining business. Miners now require special equipment with much more power to mine effectively and profitably.
Application-Specific Integrated Circuit (ASIC) devices. These are more effective because of their high efficiency. While not all ASICs can be used to mine all cryptocurrencies, each ASIC is designed to mine cryptocurrencies with specific algorithms.
The following are the top ones for mining cryptocurrencies with SHA-256 and ETHASH algorithms, including Bitcoin, Ethereum, and any other crypto whose algorithm is similar to Bitcoin.
Antminer S19 Pro
This is the most profitable ASIC for mining Bitcoin, Bitcoin Cash, and other SHA-256 algorithm cryptocurrencies.
It was built using the next-gen 5nm chip, a second-generation chip dedicated to SHA-256 mining. With an efficiency offer of 29.7 J/TH, not many devices can compete with this machine in mining.
It can produce profitability of around $12 daily with an electricity cost of $0.1/kilowatt. This means it only consumes an equivalent of $7.80 while generating a revenue of $37.23. The annual return is pegged at 195%.
For those interested in high efficiency Bitcoin mining, this device is what they need. It packs an efficiency of 31J/TH, making it one of the top Bitcoin ASIC miners. You can mine Bitcoin and 10 other SHA-256 cryptocurrencies using this device.
The great thing about it is that its power efficiency, power consumption, and hash rates do not fluctuate by huge margins when the device is in use.
Manufactured by the Shenzhen-based MicroBT, it is sold with a 6 months warranty, 135 days payback period, and is more powerful than its predecessor, the WhatMiner M30S+. It is however much more expensive than the Antminer S19 Pro.
AvalonMiner 1166 Pro
The AvalonMiner 1166 Pro is a popular choice among those looking for high hash rate mining hardware. First released in 2020, it has a much higher hash rate and power consumption than most other ASICs.
With a size of 16nm, it has an efficiency of 0.042 j/Gh, which means it is still a profitable Bitcoin ASIC mining hardware to date. Because of the high consumption, the device has four cooling fans, and expected profit is $2.77 per day, $83.10 per month, and $1,011.05 per year.
This device has a reputation for being a low-temperature ASIC miner. Manufactured by the Halong Mining Company and utilizes the SHA-256 algorithm and can mine Bitcoin, Bitcoin Cash, Bitcoin SV, and 7 other cryptocurrencies that use this algorithm.
It has power unit certification by the FCC, EMC, LVD, and CE and features a temperature control technique to cool itself even during hefty mining sessions, which is its unique selling point.
The cooling system also has two 9-blade variable revolution 1480W fans at 240V that ensure the temperature never exceeds 77 degree fahrenheit. If you’re looking for a mining device with low temperature, the DragonMint T1 will do.
Innosilicon A10 Pro
While all the devices on this list are suitable for mining any SHA-256 algorithm cryptocurrency, the Innosilicon A10 Pro is specifically tailored for mining Ethereum since it is an Ethash algorithm mining equipment.
It was first released in 2020, features a LAN connection and a 10 A power rating and is regarded as one of the topmost profitable Ethereum miners available.
It also has an efficiency of around 1.92j/Mh and can generate a profit of about $34.78 per day, $1,043 per month, and $12,521 per year depending on the cost of power. If you’re an Ethereum miner, there’s no need to look any further as this miner is made specifically for you.