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ASIC Miner profitability ranking in 2020?

ASIC Miner profitability ranking in 2020?

  • 27 October 2020
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ASIC miner profitability ranking in 2021 will help mining enthusiasts to choose the best devices. The number of people interested in mining cryptocurrencies is increasing day by day. In this article, we intend to introduce the latest products that will be offered in 2021. Then miners of Bitcoin and other cryptocurrencies will know which miner to buy.

Recently, large registered companies have expressed great interest in bitcoin mining (BTC) to earn more money. They want to utilize the miners which are in the list of ASIC miner profitability ranking in 2021. As a result, concerns about mining were allayed.

We know that the sharp rise in mining this year is directly related to the sharp rise in the price of cryptocurrencies. During the summer of 2020, Bitcoin could be bought for just over $ 10,000, but now its price has more than 5 times. Altcoins are not far behind either. Ether reached $ 1,900 in February 2021, and Litecoin (LTC) recently rose above $ 117, up from just $ 41 six months ago.

ASIC Miner profitability ranking

BTC chart

Sell Antminer S9 via bitman website

As mentioned in “ASIC miner profitability ranking in 2021” the price analysts expect the market to continue until the end of 2021, the most up-to-date hardware offers for mining are in high demand.

When it comes to bitcoin mining, ASIC miners are the main hardware option. Here is a sample company that is interested in buying miners in the list of ASIC miner profitability ranking in 2021. Riot Blockchain Company bought 15,000 copies of the Antminer 19 series (S19 Pro, S19, and T19) to be delivered in 2021.

Because Bitmain is brought up the most general Bitcoin mining device worldwide, the Antminer S9 is sold out online through the Bitmain website.  Bitmain distributed the Antminer S9i for only 499 dollars. The S9i flaunts a hash rate of 14 TH per second and energy consumption of 1,320 watts. It makes it one of the most effective Bitcoin mining devices in the market.

If you’re a middle or specialist miner who wants to earn a profit, the low budget and high performance of the Antminer S9i could compensate for its high energy costs and aid you earn some money. You can choose from the list of ASIC miner profitability ranking in 2021.

Antminer S9i

Antminer S9i

What tools are needed for efficient mining?

Before choosing the best miner from the list of ASIC miner profitability ranking in 2021, we must know the important points in mining. For efficient mining, it is important to select each of the components involved in cryptocurrency mining. These important and necessary factors are:

  • Efficient miner,
  • Correct GPU and motherboard,
  • Constant internet connection,
  • Uninterrupted electricity,
  • Power supply,

Besides, cryptocurrency mining equipment is very noisy and can get hot, so miners must follow safety tips. Therefore, it is better to use the miners that are on the list of the ASIC miner profitability ranking in 2021.

If you want to do the mining at home, the best option is to run the rig in a room with air conditioning. Another option is a north balcony if it is not hot. It is also important to choose a powerful power supply with sufficient power and, most importantly, protection against electrical problems.

Antminer S19 pro

Antminer S19 pro

What are the factors that differentiate miners?

Given the complexities of bitcoin mining, what hardware you buy can determine how successful you are. The criteria for choosing a bitcoin mining machine are not many, but each one is very important. Main specifications for the miners on the list of ASIC miner profitability ranking in 2021 are described below.

  1. Hash rate or hash power: The processing power of a device to detect a particular hash is called hash rate. All bitcoin miners are looking for a hash function. This function is unpredictable and as a result the higher the device can guess random numbers per second, the better the chance of reaching this number. Hash power is very important in ASIC miner profitability ranking in 2021. For example, the bitcoin hash is SHA-256, and any mining device that can detect this hash can be used to mine bitcoins. The higher the hash power, the faster the bitcoin mining.
  2. Electricity consumption: The simple thing about miners is that the higher the hash power, the more power they consume. Consider the power consumption of the device in watts (W) before buying. The electricity consumption tariffs are high. So check how much the bill you will receive at the end of the month. The performance and suitable efficiency of the ASIC miner profitability ranking in 2021 are very important in terms of electricity consumption.
  3. Cost of bitcoin mining machines: At the moment, in 2021, the cost of miners in the market starts from about $ 80 and varies up to about $ 7,000. To choose a miner from the list of ASIC miner profitability ranking in 2021, you must consider the two previous criteria, namely hash power and power consumption, plus the cost of the device. Then calculate the rate of return on investment.

ASIC miner profitability ranking in 2021

ASIC miner profitability ranking in 2021

What are the newest miners in the list of ASIC miner profitability ranking in 2021?

In the year 2021, Bitmain Company will continue to serve users using ASIC 19 Series miners. According to the manufacturer, new solutions will be implemented to help increase mining efficiency. Whole productions of Bitmain are listed in ASIC miner profitability ranking in 2021.

The other Chinese producer, Canaan Creative, presented a novel sample of the AvalonMiner 1246 in September, claiming to be 30% more efficient than the previous model. According to the manufacturer, the Avalon Miner 1246 can reach 90 TH per second, while the A11 series processes an average of 60-68 TH per second. The miner is said to have been available since January 2021. Although this model is lower in performance than the Antminer 19 series, it is a little cheaper. So we can place it in the ASIC miner profitability ranking in 2021.

Antminer series

Antminer series

What is miner functionality in the ASIC miner profitability ranking in 2021?

Following is the Introducing the best ASIC miner profitability ranking in 2021. In this section, we will introduce some examples of the best bitcoin mining devices. Note that in selecting these devices, only two factors, hash rate, and power consumption, which are the two main factors in choosing a minor device, have been taken into account, and because those prices are unstable, we have refused to include the price.

In the world of cryptocurrencies, various companies have started to produce bitcoin mining machines. In this article, we want to get information about the ASIC miner profitability ranking in 2021. Following we have introduced the products of only five companies as following:

  1. Antminer series devices from the Bitmain brand
  2. Whatsminer series devices from the MicroBT brand
  3. Avalon series from Canaan brand
  4. T3 miners series from Innosilicon
  5. EBIT miners series from Ebang brand

So join us to learn more about these companies and devices, most of them could place in the list of ASIC miner profitability ranking in 2021.

Bitmain Company is one of the leaders in the field of miner manufacturing, so much so that the name of the company’s products is always at the top of the best. S9, S9 +, S17, T9, and T17 are among the most famous of these devices. These are in the list of ASIC miner profitability ranking in 2021.

Avalon series Canaan

Avalon series Canaan

Is Bitmain Antminer S19 Pro in the list of ASIC miner profitability ranking in 2021?

Antminer S19 Pro is one of the new and popular ASIC devices of the Bitmain brand. The hash power of this device is 110 Tera hash per second and it is compatible with 220 volts. The power consumption of this device is 3250 watts and it weighs about 15 kg. The maximum temperature that this device may reach is 40 degrees Celsius. This device has four fans installed.

What are the specifications of the Antminer S19 Plus?

Currently, the most popular bitcoin miner can be considered the Antminer S19+ model. It is at the top of the list of ASIC miner profitability ranking in 2021. The hash power of this device is equivalent to 110 TH/S, which is very good considering power consumption, which is about 3250 watts.

Is Antminer S17 Plus in the ASIC miner profitability ranking in 2021?

The power of the Antminer S17 + is equal to 73TH / S and its power consumption is 2920 watts. This unique miner can be considered the best bitcoin mining machine in 2021. So we can place it at the top of the list of ASIC miner profitability ranking in 2021.

Changes have been made to its structure, which has reduced the sound as well as the temperature of the device. This change has led to a reduction in fluctuations in device performance. Interesting features of this device include various modes of power consumption. The power consumption of this device is adjustable in three modes of the turbo, medium, and low. Of course, the amount of alertness will be different in each of these cases.

In the following, we will again introduce the miners who are on the list of ASIC miner profitability ranking in 2021.

Antminer S17 pro

Antminer S17 pro

What are the specifications of the Antminer S17 Pro?

In Antminer S17 pro the hash power is about 53TH / S and its power consumption is 2094W. As mentioned in the ASIC miner profitability ranking in 2021, the performance of this device falls into this category.

Although this device has poorer performance than the previous device, but still in many farms, it is the Antminer S17 Pro that is mining bitcoins. The reason for this is the lack of widespread availability of S17 + in global markets. This device is similar to the previous device in terms of power consumption mode settings.

What are the features of Antminer T17 plus?

This device the Antminer T17+ has been able to attract the attention of its audience by taking advantage of the 64TH / S hashing power. T17 + miners have a power usage of 3200 watts. Since they are not currently on the market en masse, it is not possible to comment definitively on them. But we can definitively put it on the list of ASIC miner profitability ranking in 2021.

Is Antminer T9 in the ASIC miner profitability ranking in 2021?

The hash power of the Antminer T9 is 11.5TH / s and the power consumption is about 1450W. T17 miners are less popular than S17 miners. But the features of the Antminer T9 allow it to outperform the S9 in terms of both hash power and power consumption.

That’s why we introduced this device as an acceptable device in the field of bitcoin mining. In general, this series of bituminous devices (T series) is considered the second most profitable miners of this company. We can put them in the ASIC miner profitability ranking in 2021.

Where does the MicroBT Whatsminer M31S stand in the list of ASIC miner profitability ranking in 2021?

Whatsminer M31S is one of the most popular and intermediate devices for bitcoin mining. This device will be released in 2020 but is in the list of ASIC miner profitability ranking in 2021. It has mining power of 70 TH per second. The power consumption of this device is 3220 watts and it weighs about 12.5 kg. The temperature of this device varies between 5 and 40 degrees Celsius and two fans are provided for cooling the device.

MicroBT Whatsminer M30S

MicroBT Whatsminer M30S

What are the features of MicroBT miners?

Another company that works in the field of manufacturing miners is MicroBT. It has chosen the name Whatsminer for its devices. The M20S and M21S miners are among the most popular of these devices. This miner competes with the miners in the list of ASIC miner profitability ranking in 2021.

The M20 S with 3360W power consumption and 68TH / s hashing power as well as low cost can be a serious competitor to the Antminers.

Is M21S in the ASIC miner profitability ranking in 2021?

The M21 S with 56TH / s power and 3360W power consumption is one of the most popular devices of Whatsminer customers. This type of device is seen in many bitcoin farms.

Remember, compared to these two devices, the M21S has less hash power than the M20S due to its older size. But they have the same amount of electricity consumption.

What are the features of Innosilicon miners?

Innosilicon is another company that has entered this important field. This company like its other rivals has already unveiled several miner bitcoin models. Meanwhile, the T3 plus model is one of the most popular of this brand.

T3 Plus miner has a power of 52TH / s and power consumption of 2100W.

As the name implies, the T3 + is an upgraded version of the T3. Its advantages include suitable weight and low space occupation. So we can place them in the ASIC miner profitability ranking in 2021.

The high advantages of this device have caused its manufacturers to unveil its higher model and also produce a device with 57TH / S power.

Innosilicon T3

Innosilicon T3

Is T3 43T miner in the ASIC miner profitability ranking in 2021?

The T3 43T is one of the Innosilicon devices. It is the most popular product of Innosilicon. The hash power of this device is 43 TH per second and it consumes 2100 watts of energy. The T3 43T was launched in January 2019 and weighs about 10 kg. 2 fans adjust the temperature of this device, which can reach 40 degrees Celsius.

What are the specifications of the Ebit E115 Double Plus miner?

The Ebit E11 ++ miner is a relatively old product from the Ebang brand. This product was released in October 2018. Of course, this device is still efficient for mining. It can pace in the ASIC miner profitability ranking in 2021. The Ebit E11 Double Plus has a power output of 44 watts per second and consumes 1980 watts of power. This device has 2 fans for air conditioning and cooling circuits.

Is Ebang miner in the ASIC miner profitability ranking in 2021?

Another company whose device we are introducing is called Bang companies. The most famous device of this company is the Ebit E12 + miner. It has the following specifications:

The power of the Ebit E12 Plus is 50 TH / s and it consumes 2500W of power. This miner, like other E-Series miners of Bang Company, is among the bitcoin mining contenders. This miner has been able to become a serious competitor for ant miners. This device weighs about 10 kg and its size is small.

The miners of the Ebit E12 + series have been able to find their place in bitcoin farms like the T3 Plus. The miners of this company are included in the ASIC miner profitability ranking in 2021.

ASIC Miner profitability ranking

Ebit E12 + miner

What are the specifications of Canaan miners?

Canaan Company is considered the second-largest producer of bitcoin miners. Canaan has just unveiled the Avalon‌ 1066 Miner. The company has become a serious competitor to the miners. So the features of this device are as follows. The hash power is 50 TH / s and the power consumption is 3250 W. In areas with low electricity tariffs, this device can be one of the best options for those interested in mining bitcoins.

Is Avalon 1166 miner in the ASIC miner profitability ranking in 2021?

The Avalon 1166 is one of the Canaan brand new devices. The hash rate of this device is 56 TH per second and its power consumption is 3192 watts. This device weighs 12.8 kg and uses four fans to cool itself. As a result the maximum temperature that this device may experience is 35 degrees Celsius.

How to compare the best bitcoin miners?

The table below compares the latest and greatest Bitcoin miner devices. These devices are placed in the ASIC miner profitability ranking in 2021. So with a quick overview of this table, you can have an easy bitcoin mining hardware comparison to choose the best miner.

Miner device model

Hash power

electricity consumption

Device presentation date

Antminer S9i

14 TH/s

1320 W

May 2020

Antminer S19 Pro

110 Th/s

3250 W

May 2020

Antminer S17+

73 Th/s

2920 W

December 2019

Antminer S17 Pro

53 Th/s

2094 W

April 2019

Antminer T17+

64 TH/s

3200 W

December 2019

Antminer T9

12.5 Th/s

1576 W

August 2017

M20S

68 Th/s

3360 W

August 2019

M21S

56 Th/s

3360 W

June 2019

T3+

52 Th/s

2800 W

May 2019

Innosilicon T3 43T

43 Th/s

2100 W

January 2019

Ebit E12+

50 Th/s

2500 W

September 2019

Ebit E11 ++

44 Th/s

1980 W

October 2018

Avalon 1066

50 Th/s

3250 W

September 2019

Avalon 1166

50 Th/s

3192 W

September 2019

Avalon 1246

90 Th/s

3420 W

September 2020

The table above lists the names and specifications of the devices that are ranked as the best bitcoin miners in the ASIC miner profitability ranking in 2021. Note that each of these devices has its advantages and disadvantages. So choosing any of them depends on your taste and the amount of capital you anticipate for bitcoin mining.

How to participate in bitcoin mining without a device?

Above, you will get acquainted with the best devices available in the list of ASIC miner profitability ranking in 2021. Cloud mining is another option for you to mine. Consider this option only when you do not have the budget and the ability to provide mining equipment. It is not easy to find a reliable company among the cloud mining companies.

If you can find a reputable cloud mining company that minimizes the risk of fraud, cloud mining can have many benefits. So among other things, you no longer have to worry about a place for your expensive device and you do not have to constantly look for electricity bills. In general, according to Kryptomoney, cloud mining is much cheaper than mining.

Of course, you should know that by joining these companies, you will have a lower profit from mining and you have no control over the process. Before choosing a cloud mining company, try to research it well. Doing so will minimize the risk of fraud or financial loss.

The above article provides useful information about ASIC miner profitability ranking in 2021.

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