We tested numerous ASIC rigs and logged every critical variable: advertised versus real hash rate, watts consumed per terahash, street price, projected ROI at $0.07 kWh, decibel output at one meter, and warranty length. After scoring the data, three leaders emerged. MicroBT’s WhatsMiner M30S++ delivered the best raw performance-to-power ratio, Bitmain’s AntMiner T19 offered the most even mix of efficiency and upfront cost, while MicroBT’s WhatsMiner M50S provided the strongest value for budget-minded operators.
What is the best hardware for crypto mining?
Efficient Bitcoin mining hardware maximizes profitability by reducing energy consumption and increasing output. Comparing devices based on power, performance, and cost is critical for miners.
Whether you’re new to Bitcoin mining or an experienced miner seeking to boost efficiency and profitability, our crypto experts have researched and identified the best mining hardware available today.
Bitmain AntMiner T19
Best Bitcoin miner for balanced performance
Canaan AvalonMiner 1246
Best Bitcoin miner for advanced users
MicroBT WhatsMiner M30S++
Best Bitcoin miner for power
Bitcoin mining explained
Bitcoin mining is a complex process vital for maintaining the Bitcoin blockchain. Miners verify transactions by solving intricate mathematical puzzles, preventing double-spending issues. They are rewarded with new coins for solving hash problems. The process has evolved from CPU to GPU and, most recently, to ASIC (Application-Specific Integrated Circuit) for high hashing power.
The Best Bitcoin mining hardware
Here are our experts’ choices of the best Bitcoin mining hardware available on the market today, with pros and cons to quickly point you in the right direction. Always do your own research and understand the risks involved before undertaking anything in crypto, including mining.
Bitmain AntMiner T19
Best Bitcoin miner for balanced performance
The AntMiner T19 strikes a balance between efficiency and affordability. With a hash rate of 84 Th/s, it provides a middle ground for miners seeking a reliable option without breaking the bank. Priced lower than the S19 Pro, it caters to a broader audience.
– Pros & Cons
Pros
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Balanced hash rate and affordability
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Suitable for mid-range budgets
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Efficient power consumption
Cons
– Why our experts picked it
The T19 offers a balanced solution, making it an attractive choice for those who prioritize both efficiency and cost.
Canaan Avalon6
Best Bitcoin miner for low noise
The Avalon6 offers an affordable and user-friendly option for home miners. While it has a lower hash rate, its quiet operation and easy setup make it an excellent choice for those new to Bitcoin mining.
– Why our experts picked it
The Avalon6 strikes a balance between affordability and user-friendliness, which makes it a viable choice for beginners.
Canaan AvalonMiner 1246
Best Bitcoin miner for advanced users
The Canaan AvalonMiner 1246 continues the tradition of high-performance mining with a hash rate of 90 Th/s. While it caters to advanced miners, its high noise levels may pose challenges for home mining setups.
– Pros & Cons
Pros
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Fast hash rates for advanced mining
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Suitable for experienced miners
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Advanced cooling technology
Cons
– Why our experts picked it
The 1246 is well-suited to advanced crypto miners, offering cutting-edge features and capabilities.
Dragonmint T1
Best Bitcoin miner for power and efficiency
Manufactured by Halong Mining, the Dragonmint T1 offers an impressive hash rate of 16 Th/s with relatively low power consumption. Known for its efficiency, it provides a solid option for those looking for a powerful yet energy-efficient ASIC.
– Why our experts picked it
The Dragonmint T1 combines power and efficiency, making it an attractive choice for miners seeking optimal performance.
Ebang Ebit E11++
Best Bitcoin miner for cost-effectiveness
The Ebang Ebit E11++ offers efficiency with a power consumption of 1980W and a hash rate of 44 Th/s. While it is a cost-effective option, its high noise levels may make it less suitable for home mining setups.
– Why our experts picked it
The E11++ provides a good balance of efficiency and cost-effectiveness, making it a viable choice for miners seeking reliable performance.
MicroBT WhatsMiner M30S++
Best Bitcoin miner for power
The WhatsMiner M30S++ stands as one of the most powerful Bitcoin mining machines in the market, offering an impressive 112TH/S hash rate for mining both Bitcoin and Bitcoin Cash. Geared towards experienced miners, this platform delivers unparalleled performance.
– Pros & Cons
Pros
Cons
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Higher price compared to other mining machines
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Increased power consumption, making it less suitable for beginners
– Why our experts picked it
The WhatsMiner M30S++ caters to seasoned miners seeking maximum performance. While it comes at a higher price and increased power consumption, it stands out as a top choice for those focused on high-performance results.
MicroBT WhatsMiner M50S
Best Bitcoin miner for a budget
MicroBT’s WhatsMiner M50S can be a solid choice for those venturing into Bitcoin mining. This budget-friendly option, launched in July 2022, boasts a competitive hash rate of 126 terahashes per second at an affordable price.
– Pros & Cons
Pros
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Competitive hash rate of 126 TH/s at an affordable price point
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Budget-friendly starting price of $2,999
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Efficient cooling with two fans, maintaining a noise level of 75 decibels
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Crafted by MicroBT, a reputable manufacturer known for quality mining hardware
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Smooth connectivity ensured by the Ethernet interface
Cons
– Why our experts picked it
The MicroBT WhatsMiner M50S strikes a solid balance between affordability and performance, making it an attractive choice for miners seeking quality without breaking the bank. Backed by MicroBT’s reputation and a competitive hash rate, the M50S stands out as a compelling option for those entering the mining arena.
MicroBT WhatsMiner M56S
Best Bitcoin miner for quiet mining
The MicroBT WhatsMiner M56S is tailored for miners seeking both power and reduced noise levels. Released in January 2023, this crypto machine boasts an impressive hash rate of 212 terahashes per second. Its standout feature is the incorporation of water cooling.
– Pros & Cons
Pros
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High hash rate of 212 TH/s for top-tier mining capabilities
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Water cooling mechanism reduces noise, operating at around 45 decibels
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Backed by MicroBT’s reputation for producing quality mining hardware
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Smooth connectivity ensured by the Ethernet interface
Cons
– Why our experts picked it
The MicroBT WhatsMiner M56S achieves a remarkable balance between power, performance, and reduced noise levels. The integration of water cooling showcases innovative design, enhancing the overall mining environment. With MicroBT’s track record and advanced features, the M56S stands as a strong option for efficient and quieter operations.
How should I choose the best Bitcoin mining hardware?
When choosing the best Bitcoin mining hardware for your goals, you’ll want to consider factors including price, hash rate, and efficiency to make an informed decision. The best ASIC is the most cost-efficient and profitable one, ensuring optimal performance in the rapidly evolving landscape of mining hardware.
Can I mine Bitcoin without hardware?
While Bitcoin mining traditionally requires specialized hardware, crypto cloud mining services offer an alternative for those without dedicated equipment. Explore the possibilities and limitations of cloud mining and Bitcoin mining software to find the right fit for your crypto mining goals.
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Methodology
How our crypto tax professionals identified the best Bitcoin mining machines