|Antminer S9||Avalon 741||Antminer S7|
|Price||$3600 – $4100||$1300 – $1800||$1300 – $1500|
|Hash Power||14 TH/S||7.3 TH/S||4.7 TH/S|
|Power Usage||1400 Watts||1150 Watts||1293 Watts|
|Bitcoin Output||0.066 Btc/ month||0.034 Btc/ month||0.022 Btc/ month|
|Net Profit (btc = 18k)||$1027 / month||$505 / month||$285 / month|
|Details on Amazon||See on Amazon||See on Amazon||See on Amazon|
ASIC bitcoin miner, bitcoin mining hardware, bitcoin mining machine or rig, whatever you may call them, they are making millionaires. If you know what they are, scroll directly down to the list of Top ASIC Bitcoin Miners where I am doing some calculations to find out what rig will earn you how much net profit per month. But, if you don’t know what mining rigs are, here is a bit of explanation.
ASIC Bitcoin Miner
ASIC-Application Specific Integrated Circuit-Miners are the modern day high speed processors built specifically for mining of a particular type of cryptocurrency. In old days when there was not much competition in Bitcoin mining industry, a normal computer could do decent mining. As the competition grew and more and more miners joined, it got more difficult to mine. A normal CPU was no more capable of generating profit.
People started coming up with faster and more energy efficient processors for mining. Later it was discovered that GPUs were faster at mining and people started using them to mine Altcoins. Hence their demand increased drastically.
Later ASICs were introduced which were even more faster and power efficient. One thing worth mentioning here is that Bitcoin can only be mined through a SHA 256 ASIC miner and here we are going to discuss a few that are really worth investing in.
Bitmain Antminer S9 14 TH/s($3600 – $4100)
Bitmain Antminer S9 is the one the best ASIC Bitcoin Miner in terms of both Hash power and power efficiency. It can mine at a rate upto 14 TH/s with a power requirement of approximately 1400 Watts. At this rate you can expect to generate 0.066 Btc per month and spend approx $100 on electricity (If no additional cooling appliances are installed) netting you a profit of $1027 per month.
Avalon 741 7.3 TH/s($1300 – $1800)
Avalon is another admired name in Bitcoin Mining Hardware industry. Without many competitors it is doing great in keeping its customers satisfied. It can mine at a rate of up to 7.3 TH/S with a power requirement of approx 1150 watts. At this rate you can expect to generate 0.034 Btc per month and spend approx $82 on electricity (If no additional cooling appliances are installed) netting you a profit of $505 per month.
Bitmain Antminer S7 4.7 TH/S ($1300 – $1500)
This is Bitmains previous versions of Bitcoin miners. It might be an older version of s9 but it is still very popular among miners and a huge number still uses these. Something to not here is that it has almost similar price to avalon 741 but it has considerably less hash rate and even consumes more electricity. It can mine at a rate of up to 4.7 TH/S with a power requirement of approx 1150 watts. At this rate you can expect to generate 0.022 Btc per month and spend approx $93 on electricity (If no additional cooling appliances are installed) netting you a profit of $285 per month.