8 Best Hardwares for Crypto Mining – Factors to Consider

What are the best hardwares for crypto mining? Till the time the network and the technology behind crypto mining was not as developed as it is today, any home computer with a comparatively strong and powerful CPU could be used for mining crypto coins.

However, over time and as the network grew, the computational processes changed.

It is now needed to have a more secure network and a powerful set of hardware for your computer to work efficiently when you use it for crypto mining.

Things have now become much more complex than ever and it has forced the miners to use more powerful CPUs and GPUs.

Therefore, to ensure that you have more power for crypto mining you should have one of the best mining hardware, such as the ASIC or Application Specific Integrated Circuit hardware.

These are highly specialized hardware that will consume less power and computational resources and make mining faster.

While choosing the mining hardware, you will therefore need to balance the power of its performance with the power drawn by it while performing.

Also, consider the cost of electricity in your area and the likely profitability that you may gain by using that specific mining software. This article will help you a lot with all that.

8 Best Hardwares for Crypto Mining

Best Hardware for Crypto Mining

Though there are plenty of options available when it comes to choosing a mining hardware, it cannot be guaranteed that the one you choose is one of the best.

Your choice will depend on the circumstances but there are lots of other things to consider while choosing one. Check out Best Operating Systems for Crypto Mining.

Here is a list of some of the best mining hardware available now, along with their respective pros and cons that will make it easy for you if you are not aware of the technicalities and intricacies involved.

1. AvalonMiner 1246 – Heavy Duty Performance

This crypto mining hardware from Canaan is a heavy duty product that can mine coins pretty fast.

However, if you intend to use it then be ready to bear the traffic noise, which can be really loud and reach up to 75 dB due to the four integrated fans.

However the good things of this mining hardware include:

  • The power drawn by this mining hardware is 3.43 kW
  • The hash rate power is 90 TH/s and
  • Its efficiency is quite high at 38 J/TH.
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Apart from that, it also comes with an AI microchip integrated in it that makes it the best fit for crypto mining.

With all these features, this is a good mining hardware to invest in but make sure that you also keep a provision for a noise isolation feature on the door.

However, it may not be easy to find it readily in the market due to its high demand. In that case, visit their official website of the manufacturer for relevant information.

2. AvalonMiner A1166 Pro – A Popular Product among Miners

This mining hardware is almost the same as the above miner but with a slightly lower hash rate power.

But then, it will cost you half of the AvalonMiner 1246 but it uses the same fans as it and therefore the noise level during operation can be really bothersome.

The AvalonMiner A1166 Pro is quite popular among the miners and is high in demand and therefore not easy to lay hands on. The technical description of this product is as follows:

  • The power drawn by it is 3.4 kW
  • Its efficiency is 42 J/TH and
  • The hash rate power of this mining hardware is 81 TH/s.

If you intend to buy it directly from Canaan, its manufacturer, you will have to order for a minimum of 5 pieces of this product.

3. WhatsMiner M32-62T – Super Affordable Mining Hardware

The manufacturer of this mining hardware is one of the newcomers in this sector having entered the market just last year.

However, this is an extremely affordable mining hardware. This makes it a good option to go for if you are a beginner in crypto mining.

It uses an 8 nm chipset from Samsung, which, mind you, is not the most efficient one.

However, in all other aspects this hardware miner is quite competent and therefore features in this list. The notable factors of this mining hardware include:

  • The power draw is 3.348 kW and
  • The hash rate power is 62 TH/s.

There are three versions of this mining hardware model available and if you go for the most expensive one you will get a hash rate power of 66 TH/s.

In either way, this product will be good enough to invest if you want to have the return on it in less than 4 months.

4. WhatsMiner M30S++ – Highest Hash Rate Power

This is another good mining hardware manufactured by MicroBT.

The unique aspect of it is that it has the highest hash rate power that you will get in the market as of now making it a beast of a mining machine. It uses the latest 8 nm ASIC chipset of Samsung.

It also has a low power draw which makes it one of the most efficient mining hardware as well. The features of this product include:

  • Low power draw of 3.472 kW
  • A hash rate power of 112 TH/s and
  • A reasonably high efficiency of 31 J/TH.
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Though it is a bit expensive, you can expect to have a return on investment within a year if you use this mining hardware, provided the electricity cost is priced moderately.

5. Antminer S19 Pro – Improved Boot Time and Firmware

This is another good ASIC miner with a 7 nm TSMC chipset that will offer good value in return for your money with its power of performance and specs that include:

  • Its efficiency of 29.5 J/TH
  • Low power draw of 3.25 kW and
  • A hash rate power of 110 TH/s.

Along with that this miner comes with an improved boot time as well as an upgraded firmware that will dramatically enhance the user experience.

However, the availability of this mining hardware is a serious issue due to some problems with the supply chain which is a regular occurrence.

6. Ebang EBIT E11++ – Good Intake Fans and Exhausts

This is a mining hardware that comes from one of the top ASIC manufacturers. This latest model has a sleek design and a good and efficient set of intake fans and exhausts on both sides.

You can start mining directly and quickly through Ethernet due to its proficient software that comes with a simple IP setup. The other features of this mining hardware are:

  • A very low power draw of 2 kW and
  • A high hash rate power of 44 TH/s.

This mining hardware uses a 10 nm chipset which enhances its performing ability by a significant margin.

7. Antminer R4 – Good for Small Application

This mining hardware is good for home use and small applications. It is also good to use in places where there is not enough space and the best part is that it will run very quietly.

This mining hardware is good enough to perform all those vital network securing activities most efficiently due to its useful and high-end specs that include:

  • A high efficiency rate of 0.098 J/GHs and
  • A hash rate power of 8.6 TH/s.

It comes with 126 BM1387 chips which makes it all the more powerful.

The fans of this mining hardware are also specially designed which increases its efficiency but keeps the noise level down to 52 dB.

Add to that, there is an automatic controller which does not let it emit more noise than it is necessary.

8. Pagolin Miner M3X – Very Energy Efficient

The Pagolin Miner M3X may not be a very energy efficient mining hardware but is good enough to use for crypto mining purposes.

It is built with a 28 nm SMTI 1700 chipset and is also a bit bigger in size because it comes with the ASIC chips embedded in it. The other specs of this hardware miner are:

  • A power draw rate ranging between 1.8 kW and 2 kW and
  • A hash rate of 13 TH/s.

In addition to that, this mining hardware comes with two efficient cooling fans that allow it to operate efficiently within a temperature range of -20°C to 75°C.

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Major Factors to Consider while Selecting Best Hardware for Crypto Mining

Typically, there are three major factors that you should look for in order to select one of the best hardware for crypto mining, even if you go for a dedicated ASIC crypto mining hardware. These are:

  • Hash Rate

During mining operations the hardware needs to make a lot of intensive and complex mathematical calculations.

If it is slow in doing that, your mining efforts will not be as desired and you will not be able to mine faster. This ability of the hardware is determined by the hash rate.

This means that, the higher the hash rate, the more likely it is that the hardware will be able to mine faster.

This is because it will be able to solve the calculations of the following blocks in the blockchain while mining one from the mining pool.

However, mining hardware with a high hash rate will be more expensive.

  • Efficiency

If you have very little or no knowledge about the crypto mining hardware here it is in simple terms.

This is a device that is specially designed to change electricity into cryptocurrency. This means that a lot about its performing ability will depend on its efficiency.

This efficiency is its energy efficiency primarily. Therefore, while choosing your crypto mining hardware, make sure that you choose one that is most energy efficient so that you get the best and faster mining results.

Though this may not affect the functionality of the mining hardware directly, it is the universal rule that expensive items come with additional features which enhances its efficacy counts.

Therefore, do not go for those cheap variants of crypto mining hardware available in the market. It will not only be slower to perform but in the process may also damage your expensive mining rig.

Remember, the price of a mining hardware depends on its computational power, operational efficiency, and durability.

This means an expensive mining hardware will provide you with all these along with higher profitability.

Therefore, when you make your choice, base it on the cost-efficiency ratio, profitability analysis and life expectancy.

Conclusion

Coming to the end of the article, you now have a fair idea about the different types of crypto mining hardware that are available today in the market.

Choose one of the best and also compatible software along with for best mining results.