Dreaming of getting rich off passive income, novice investors mistakenly assume that mining is an easy way to get free bitcoin. This may have been the case in the early days of bitcoin, but it’s different now. It is now almost impossible to earn cryptocurrency on a video card.
There are many different ways to mine Bitcoin, from computers to rigs, from smartphones to cloud mining. And each method has its own risks, drawbacks, and upfront costs. There are also many different types of specialized Bitcoin mining machines. Therefore, it is important to make the right choice before investing your hard-earned money in iron.
Antminer S17 is the latest product released by mining giant Bitmain in 2019. It runs on BM1397, a new and improved second generation 7nm chip. Bitmain said the chip delivers 28.6% more energy efficiency over the previous 7nm BM1391 chip.
What other characteristics can we highlight:
- Hash rate: 56 TH / s normal, 35-50 TH / s low power.
- Power consumption: 2520 W normal, 1470-2100 low power.
- Energy Efficiency: 0.045 W / GHz in normal mode, 0.042 W / GHz in low power.
- Price: $ 2,400.
Ebit Miner E12 is a product of China (the unofficial world capital of cryptocurrency mining), which has low power consumption and a high hash rate function. The equipment uses patented heat sink technology, which provides excellent heat dissipation. The E12 outer shell material is much stronger than its predecessor, providing better protection and potentially longer life.
- Hash rate: 44TH / S.
- Power: 57W / t (-5% ~ + 10%).
- Price: $ 1930
Another flagship Bitmain product that allows you to earn cryptocurrency. The Antminer series is arguably the most popular and widely used cryptocurrency miner in the world. This is one of the most affordable yet powerful mining devices. Antminer debuted in 2016 and became well known as it was the first miner to use a 16nm processing chip.
While many serious crypto miners consider it an outdated mining rig, it is still a great option for those new to bitcoin mining.
- Hash rate: 14.0 TH / s.
- Power consumption: 1372 W.
- Energy Efficiency: 0.098W / GH.
- Price: $ 349.
What is the best Bitcoin mining machine?
The answer depends on your needs and experience. Newbies will likely choose something simpler, while experienced miners will choose high-tech mining hardware.