Where Can I Buy An Asic Miner



Updated December 23, 2022

Best mining asics

Bitcoin mining as a hobby can be fun and even profitable if you have cheap electricity and get the all-time and most efficient Bitcoin mining hardware.

Bitcoin mining is competitive. Until recently, it’s non been platonic for the boilerplate person to mine since People’s republic of china’south cheap electricity has allowed it to dominate the mining market. But that has changed since China outlawed mining in their country. Even with this contempo modify, if yous want bitcoins then you lot are better off buying bitcoins.

Bitcoin Mining Hardware Comparison

Miner Hash Power Price*
antminer s19 Antminer S19 95.0 Th/s $10k-12k
antminer s19 Pro Antminer S19 Pro 110.0 Thursday/s $15k-17k
whatsminer m30s+ WhatsMiner M30S+ 100.0 Th/s $8,500

*BuyBitcoinWorldwide.com averages prices from diverse online sources. Bodily prices may vary depending on seller.

What is an ASIC Bitcoin Miner?

Since information technology’south now impossible to profitably mine Bitcoin with a standard computer or laptop, you’ll need specialized hardware chosen ASICs.

Hither’s what an ASIC miner looks like up close:

halong mining dragonmint ASIC

The Dragonmint 16T miner.

Originally, Bitcoin’s creator intended for Bitcoin to be mined on CPUs (similar your laptop or desktop reckoner). Still, Bitcoin miners discovered they could get more hashing ability from graphic cards. Graphic cards were then surpassed by ASICs (Awarding Specific Integrated Circuits).

Think of a Bitcoin ASIC as specialized Bitcoin mining computers, Bitcoin mining machines, or “bitcoin generators”.

Nowadays all serious Bitcoin mining is performed on dedicated Bitcoin mining hardware ASICs, usually in thermally-regulated information-centers with low-cost electricity.

Don’t Go Confused

There is Bitcoin mining hardware, which mines bitcoins.

In that location are also Bitcoin hardware wallets like the Ledger Nano 10, which
secure
bitcoins.

➤ MORE:

Is bitcoin mining profitable in 2022?

Cheque Profitability

You tin utilize our calculator below to cheque the mining hardware higher up. Input your expected electricity price and the hash charge per unit of the miner for an estimate.

Hash Rate

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hash rate

Bitcoin Cost ($)

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Power consumption (watts)

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Cost per KW/h in $

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Electricity costs/yr

Know your Competition

It may seem piece of cake to simply spin up a miner.

But you Need to take a look at just how serious mining is.

The video below offers an inside look at what was one of China’southward largest mines.

How to Find the Best Bitcoin Miner

There are some of import factors to look at when determining which Bitcoin mining ASIC to purchase:

Hash rate
– How many hashes per second can the Bitcoin miner make? More hashes cost more, which is why efficiency is crucial.

Efficiency
– You lot’ll want to buy the most efficient bitcoin mining hardware possible. Right now, this is the Halong Mining Dragonmint T1. Since miners use a large amount of electricity, you desire to buy one that converts the well-nigh amount of electricity into bitcoins.

Toll
– How much does the bitcoin miner cost? Cheap mining hardware will mine less bitcoins, which is why efficiency and electricity usage are of import. The fastest and more than efficient mining hardware is going to cost more than.

Don’t try to buy a miner based on but toll or merely hash rate. The all-time ASIC miner is the well-nigh efficient bitcoin miner. Aim for value.

➤ MORE:

Bitcoin mining profit calculator

Bitcoin Miners for Sale on eBay or Amazon

If you’re a hobby miner who wants to purchase a couple rigs for your house, eBay and Amazon both accept some decent deals on mining hardware.

Used Bitcoin Mining Hardware for Sale

Both new and used bitcoin mining rigs and ASICs are bachelor on eBay. One may want to buy used ASIC mining hardware on eBay because you tin go better prices.


ASICs for auction on Ebay

eBay’southward client protection ensures you’ll go a working production. Other arranged equipment may be included with your purchase depending on the seller.

Nosotros recommend purchasing the Dragonmint or the Antminer S9.

➤ More than:

Bitcoin mining pools & sites

Hardware Profitability

Y’all tin can utilise a bitcoin mining profitability calculator to determine your estimated cost of render on your mining hardware.

Reminder

Don’t forget to think about your tax obligation on the coins you buy or mine. There are some peachy tax software suites to make it easy! For instance, we accept a great guide on how that software works to pay taxes on Coinbase buys.

Be sure to accept electricity costs into business relationship. About mining hardware appears profitable until electricity costs are accounted for.

The best way to determine actual profitability is to figure out your
electricity price per hash. That is really what volition make or interruption your operation.

Almost Efficient Bitcoin Miners

While adept Bitcoin mining hardware needs to have a high hash rate, efficiency is just equally important.

An efficient Bitcoin miner ways that you pay less in electricity costs per hash.

To improve your efficiency, there are besides companies that will permit you lot gild hardware from their warehouse and run the miners for you.

You could also cloud mine bitcoins, though these deals are ordinarily scams. Both options are as well a lot less fun than running your hardware!

Bitcoin Mining Hardware Companies

  • Bitcoin Mining Hardware Comparison
  • What is an ASIC Bitcoin Miner?
  • Don’t Get Confused
  • How to Find the Best Bitcoin Miner
  • Bitcoin Miners for Sale on eBay or Amazon
  • Used Bitcoin Mining Hardware for Auction
  • Hardware Profitability
  • Nigh Efficient Bitcoin Miners
  • Bitcoin Mining Hardware Companies
  • Bitcoin Mining Equipment
  • Bitcoin Mining Without Hardware?
  • USB Bitcoin Miners
  • Bitmain Antminer S5 Review
  • Bitmain Antminer S7 Review
  • Dragonmint 16T Review

Bitmain
– Bitmain makes the AntMiner line of Bitcoin miners. Bitmain is based in Beijing, China and also operates a mining pool.

MicroBT
– MicroBT is some other Chinese ASIC miner manufacturer, based out of Shenzhen. Their WhatsMiner series is a major competitor to Bitmain’s AntMiner line.

Canaan
– Canaan put the very first commercial Bitcoin ASIC miner to market. In addition to making Bitcoin mining machines, Canaan as well has a suite of blockchain tools and business solutions.

Bitcoin Mining Equipment

In addition to a Bitcoin mining ASIC, y’all’ll need some other Bitcoin mining equipment:

Power Supply
– Bitcoin rigs need special power supplies to funnel and use electricity efficiently.

Cooling Fans
– Bitcoin hardware can easily overheat and finish working. Buy a sufficient amount of cooling fans to keep your hardware working.

Backup generators
– You may want generators equally a backup in case your chief source of electricity goes downwards.

Bitcoin Mining Without Hardware?

It’s still technically possible to mine bitcoins without dedicated mining hardware.

All the same, y’all’ll earn less than one penny per month. Mining bitcoins on your reckoner will do more damage to your estimator and won’t earn a turn a profit.

So, it’southward not worth it unless you’re simply interested to encounter how the mining process works. Y’all’re best bet is to buy dedicated hardware like the Antminer S19.

ASICs’ Impact on Cryptocurrency

Bitcoin is based on blockchain technology, a decentralized platform which takes power abroad from a key dominance and gives it to the average person. Sensitive information is stored on the blockchain rather than large data centers, and is cryptographically secured. A vast amount of people, known every bit miners, all work together to validate the network, instead of just i person or regime.

In the offset, CPUs were used to solve cryptographic hash functions, until miners discovered that GPUs were far meliorate equipped for mining. As block difficulty increased, miners turned primarily to GPUs.

Some GPUs were fabricated solely for mining Bitcoin.

The GTX1060 has no output because it is a GPU designed solely for mining and is sort of a halfway point to an ASIC because while it is technically a graphics card, information technology is dedicated mining hardware.

ASICs (Awarding Specific Integrated Circuits) however are far more powerful. They were developed from top to bottom to be used solely for mining. Their hashrates are significantly higher than annihilation GPUs are capable of.

With stellar performance comes a high price tag – the best ASIC chips will run y’all a few thousand dollars each. Upon creation, Bitcoin blocks were confirmed by the boilerplate person using their desktop – once ASICs hit the market, things inverse.

How?

ASICs rendered GPUs useless. ASIC developers, including Bitmain, granted early access to large mining cartels rather than the boilerplate person.


Photos from inside a Chinese Bitcoin mining operation

Thousands of ASICs all mine simultaneously in a mining farm (big warehouse). Plainly, most people can’t afford even one or 2 of ASICs then thousands of them would be out of the question.

When ASICs striking the market place, the blockchain’s validation process became more centralized as more and more hashing power was consolidated into a handful of mining companies, rather than being spread out amongst many miners. Unfortunately, Bitcoin is no longer equally decentralized as it was once intended to exist.

Bitmain Antminer S19 Series

Pros

  • Market-leading hashrate at upward to 115 Thursday/s, and efficient at ~30 Joules per TH/s
  • Reasonably priced at $440 new (plus shipping)
  • Popular miner with plentiful guides and parts bachelor

Cons

  • Out of stock at Bitmain and tricky to find elsewhere
  • Very loftier power consumption of 3250W
  • Very noisy at 81.4 dB

Bitmain’s AntMiner S7 proved so popular since its release in mid-2015 that information technology reached 19 batches of production.

Now, Bitmain has released a new series: the AntMiner S19.

bitmain antminer s19

The S19 is the latest and greatest Bitcoin ASIC miner from Bitmain. It comes in three models: the Antminer T19, Antminer S19, and Antminer S19 Pro.

The T19 puts out 84 Thursday/s, the S19 95 TH/s, while the S19 Pro boasts up to 110 TH/southward of hashing power.

Prices first at $2,118 for the T19 and run to $3,769 for the S19 Pro.

Power Supply

The S19 Antminers require 3250W of power, ± 5%.

The power supply units (PSUs) are included with the miners themselves, meaning you won’t need a split piece of hardware.

Ability Consumption

The S19 draws an average of 3250 Watts at a room temperature of 25^C / 77^F. Naturally, the hotter the environs, the more energy the fan(due south) will consume to cool the unit.

Setup

Setting up an S19 via the MinerLink GUI is a simple process, requiring only your mining pool credentials to begin mining.

The units will automatically begin hashing upon powering upwards, which tin can be helpful in the event of power failure. S19 connectivity is via Ethernet only.

Temperature

The S19 series miners operate all-time within a temperature range of v-twoscore degrees Celsius (40-105 Fahrenheit).

Keeping the room in which they’re placed cool and dry will extend the life of these miners. A dry basement is an ideal location.

Price

Note: Before you buy an Antminer S19 make sure you already take Bitcoin mining software and a Bitcoin mining pool.

On the Bitmain website as of January 2022, the S19j Pro 104TH/south is bachelor on a spot order basis and the S19 XP 140TH/s currently shows shipping availability starting in July 2022. Both models listing betwixt $eleven,000 and $12,000 .

The latest Antminers, Antminer S19XP and L7, are expected to release in 2022. As these new models are released and commercial miners upgrade, you tin expect the toll of the S19 series to drib.

Bitcoins / Month (Profitability)

Mining difficulty on the Bitcoin network has been steadily rising at a rate of nigh 0.5% per day. Combine that with the fact that the cake reward was halved in May 2020, and you can see why there’due south fierce competition between miners to successfully validate blocks and remain assisting.

Let’southward have a await at how assisting you can await your mining to be using an AntMiner S19.

We’ll use the most accurate Bitcoin mining calculator out in that location, which takes into account a number of dynamic variables (such as mining difficulty) to give the best idea of projected returns.

We’re bold an boilerplate household
Power Toll
of 12c per kWh, a
Pool Fee
of 2.5% (as charged by AntPool) and a
Block Reward
of 6.25 BTC per block mined:

antminer s19 profitability

Every bit you can encounter, the S19 is actually a great investment. You lot’ll nearly recoup your entire initial investment in under a yr – if paying full price for the S19 from Bitmain – and easily mine your manner into the black if you lot get a discount on the hardware when purchasing.

QUICK TIP

It might make more sense to invest money into buying Bitcoin directly or diverting some of your 401k money into a qualified Bitcoin IRA instead of buying mining hardware like the S19.

There is of form the big brother to the S19, the S19 Pro!

The S19 Pro boasts up to 110 TH/south of hashing power.

Power Supply

The S19 Pro ability supply is the same every bit the S19 Pro – 3250W of power, ± 5%.

Ability Consumption

The S19 Pro generates an boilerplate of 81.iv dB while operating.

Setup

Setup for the S19 Pro is the same as the S19. MinerLink GUI is like shooting fish in a barrel, requiring but your mining pool credentials.

The units will automatically begin hashing upon powering up, which can exist helpful in the event of power failure. S19 Pro connectivity is likewise via Ethernet merely.

Temperature

Temperature is the same as the S19 – betwixt 5-40 degrees Celsius (40-105 Fahrenheit).

Toll

Note: Earlier y’all buy an Antminer S19 make certain you already accept Bitcoin mining software and a Bitcoin mining pool.

The S19 and S19 Pro can be difficult to purchase since chip supplies are express for manufacturers. Currently, at that place are listings for new AntMiner Bitmain S19 Pros for between $15,00 – $25,000. However, used and second-hand models tin can be had for around $13,000.

Bitcoins / Month (Profitability)

Using all the same assumptions that we did for the S19, you tin wait a nice profit around $2,000 a year.

antminer s19 pro profitability

Verdict: Is the S19 or S19 Pro Right for Y’all?

The S19 is one of the well-nigh advanced mining units on the market place today. Bitmain has consistently been at the top of the game when it comes to ASIC miners.

While supply is limited, and the relatively high initial cost may be a deterrent, if you take access to inexpensive electricity, you really can’t exercise much better than the S19 series.

The S19 strikes a skilful balance betwixt power and affordability, while if money is no object the S19 Pro will churn you out an crawly 115 TH/s.

WhatsMiner M30S

The WhatsMiner M30S+ and M30S++ are Shenzhen-based MicroBT’s answer to the Bitmain AntMiner S19 and S19 Pro. The M30S++ puts out 112TH/due south ±5%, pushing information technology a pilus above the S19’due south maximum output.

Allow’s take a look at how they compares.

WhatsMiner M31S+

Price and Power

The M30S+, whose 100 TH/s hashing power is comparable to the S19. Unfortunately, its no longer for sale on MicroBT’s site so you lot’ll need to get it 2d hand.

Bitcoins / Month (Profitability)

Let’southward have a wait at how assisting you can expect your mining to be using a WhatsMiner M30S+.

We’ll again utilize our Bitcoin mining calculator, which takes into account a number of dynamic variables (such every bit mining difficulty) to give the best idea of projected returns.

We’re assuming an average household
Power Cost
of 12c per kWh and a
Block Advantage
of 6.25 BTC per block mined:

whatsminer m30s+ profitability

Power Supply and Consumption

The WhatsMiner M30S+ consumes slightly more power than the AntMiner S19 serial, and is slightly less efficient at turning electricity into Bitcoins.

It has an efficiency of 34 J/Th..

The M30S+ generates around 83.0 dB of noise while operating.

Temperature

The WhatsMiner M30S+ operates all-time betwixt -5 and 35 degrees Celsius (23-95 Fahrenheit). This is a wider range than the AntMiner S19 serial, and the lower temperatures it can operate at means you may see slightly improved efficiency.

WhatsMiner M30S++

Price and Power

The M30S++ comes in at $3,250 on MicroBT’s online store, making it quite a bit cheaper than the S19 Pro.

Bitcoins / Month (Profitability)

We’ll use the aforementioned assumptions here that we have with the other miners to go along things consistent.

whatsminer m30s++ profitability

While you’ll spend well-nigh $3,600 per year on electricity, the WhatsMiner M30S++’due south 112 Thursday/2 will make you a turn a profit of $3,611 per year. This means that you’ll need to mine for a fiddling nether a year to recoup your initial investment.

whatsminer m30s+ profitability

Power Supply and Consumption

The M30S++ requires 3472W and runs at an efficiency of 38 J/TH.

Temperature

The WhatsMiner M30S++ again operates best between -5 and 35 degrees Celsius (23-95 Fahrenheit).

Verdict: Is the M30S+ and M30S++ Right for You?

The summit-of-the-line M30S++ model’s 112 TH/s ways it competes straight with the AntMiner S19 Pro.

However, the M30S serial models put out less hashing ability than the AntMiner equivalents. They consume more than power, and are a little less efficient at turning this into terahashes.

Despite this, y’all become more hashing power per dollar invested with MicroBT’southward WhatsMiner offerings. And AntMiners are incredibly sought-after by the biggest miners in the world, making it hard to get your hands on 1.

Overall, the WhatsMiner M30S serial is a phenomenal Bitcoin miner, with hashing power rivalling the AntMiners.

If you tin can become a expert deal on a WhatsMiner M30S, use our reckoner to see how long it will accept you to make a profit in your investment.

Canaan AvalonMiner 1246

Canaan AvalonMiner 1246

Canaan was the first company to produce commercial ASIC Bitcoin miners. Safety to say, they have some expertise in the field.

And then how does their latest offering – the AvalonMiner 1246, released in January 2021 – stack upwards to the competition?

Let’s dive in.

Price and Power

The AvalonMiner 1246 puts out ninety TH/s. This makes it comparable to the AntMiner S19 and the WhatsMiner M30S.

It retails for around $5,500, making it quite a scrap more expensive than the offerings from Bitmain and MicroBT.

Bitcoins / Month (Profitability)

The Canaan AvalonMiner 1246 should brand you a profit, providing yous accept admission to electricity at or around the median price in the U.South. of $0.12/kWh.

avalonminer 1246 profitability

It’ll take you about two years of mining to make back your initial investment.

Ability Supply and Consumption

The AvalonMiner 1246 draws 3420W at the wall.

Compared to the AvalonMiner 1146, the 1246’southward energy efficiency has improved by 37%: from 52 J/Th to 38 J/Th.

It generates a maximum of 75 dB while operating, making information technology noticeably quieter than either the WhatsMiner M30S or the AntMiner S19.

Temperature

The AvalonMiner 1246 operates all-time between -v and 35 degrees Celsius (23-95 Fahrenheit). This is a wider range than the AntMiner S19 serial, and equal to that of the WhatsMiner M30S.

Verdict: How Does the AvalonMiner 1246 Stack Up?

With Canaan, yous know you’re getting a boxing-tested product.

That said, the AvalonMiner 1246 doesn’t offer the well-nigh terahashes per dollar spent. If you’re looking for the most hashing power, Bitmain’s S19 serial and MicroBT’s M30S have it vanquish.

Mining Difficulty and Centralization

Bitcoin’south Difficulty has recorded several potent and often consecutive monthly increases since its creation. The network has seen a massive increment in hashrate since the July 2016 halving.

In the near 5 years since, total network hashrate has climbed more 100-fold from ~1.five EH/s (exahashes per 2nd) to 168 EH/s.

The current all-fourth dimension-high occurred on February eight, 2020, when Bitcoin miners collectively contributed 175 EH/s of hashing power to the network.

Such tremendous growth has been spurred by major investment into Bitcoin mining technology and operations.

While such growth is impressive, making Bitcoin the world’due south most powerful computing network by far, one unintended consequence of such rapid growth has been increased centralization.

Profits have accumulated where mining is most profitable (Mainland china), with the event that several competing operations (eg. KNC) have been forced out of the industry.

We have tried to calculate the amount of money that the Chinese have invested in mining, nosotros estimate it to exist in the hundreds of millions of dollars. Even with free electricity we cannot see how they will ever get this coin back. Either they don’t know what they are doing, but that is not very likely at this calibration or they have some secret advantage that we don’t know about. –
Sam Cole, KNC CEO

The same Chinese competitive reward has been doubly effective at squeezing the profit-dependent hobbyist miner from the market.

At this stage, most abode or part miners aren’t hashing to earn money but rather to support the network, aid decentralization and perhaps even to heat space.

With the cake reward halving looming, the profitability of all but the near efficient operations will probable exist challenged.

Profits derived from the electric current generation of mining hardware are dwindling and will probable achieve negative returns when the next halving rolls around.

What is CompassMining?

CompassMining is what is known equally a ‘colocation mining company’.

Basically, regular people who can’t afford to outset a mining farm or source dozens of ASIC miners can partner with a visitor like CompassMining.

With Compass, you lot simply make an business relationship and then go through a purchasing process.

You’ll choose some ASICS to buy.


buy asics compassmining

Then you lot’ll cull a hosting package at one of CompassMining’s many state of the art facilities.

Each facility comes with its own power costs and security features. For instance, the Colorado, U.s. location requires biometric access for all personal.


buy asics compassmining

And and so y’all checkout using card, bank wire, or (for a slight discount) crypto.

QUICK TIP

If you lot want to pay via bank wire, choose ‘Pay with Stripe’ and then choose ‘Bank Wire’ from the pop-upward.


buy asics compassmining

Later you make your purchase, your hardware will be delivered to your specified hosting location where information technology will be installed and maintained by CompassMining staff.

You lot will exist able to monitor and control all of your mining activities from the comfort of your ain home without any of the headache of running a mining farm past yourself.

And best of all, you get to leverage CompassMining’south fantastic electricity prices without having to strike upward a deal with a large power visitor on your own.

In exchange, Compass makes money on the hosting fees and the hardware you buy through them.

Final Thoughts

Mining bitcoins at abode has nearly become an incommunicable task these days.

Not only are the devices expensive but they also generate a lot of heat and noise, not to mention the amount of electricity they swallow.

This makes it uncomfortable and near impossible to brand any turn a profit!

Unlike with the Antminer S9, S7, or Antminer S5, with Antminer R4, Bitmain is targeting the habitation Bitcoin miner market place.

It is a dwelling Bitcoin miner that may really turn a turn a profit, unlike Bitcoin USB miners.

Some of these problems mentioned above have been addressed and equally a miner you can do information technology as a hobby while too making some money.

This abode Bitcoin miner is not just a adept fit for hobby miners simply also helps to ameliorate the decentralization of Bitcoin mining as a whole.

The more distributed the hash power, the stronger the Bitcoin network!

Source: https://buybitcoinworldwide.com/mining/hardware/

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