Best asics for ethereum

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While these numbers are helpful, you should also go ahead and use a profitability calculator such as the one available from Coinwarz before ordering to estimate your return in BTC. Realize that there are some running expenses that include electricity costs, and mining pool fees. A good profitability calculator allows you to precisely calculate your ROI return on investment.

The exchange rate between Bitcoin and fiat currencies tends to be quite volatile, so one strategy is to cash out quickly by registering with a BTC exchange such as Bitstamp see our guide on registering with Bitstamp. The Whatsminer M is manufactured by Whatsminer, a well-known mining equipment manufacturer in the world. Their products are also notable for their compact footprint making it easier to scale up operations as they take up less space.

It is a more recent introduction that was first produced for December An advantage of this unit, while it does require dedicated V power, is that it does ship with an integrated power supply. There is also a fan as well designed to keep the device at peak hashing power. Deployment is simplified as there is an Ethernet connection, and once connected, each miner has an IP Address, and can be controlled via a graphical interface.

Whatsminer regularly improves the specs of its units, so if you buy one second-hand, make sure to check the exact hash power offered. There are also no refunds. A 6 month warranty is offered for the miner, and 12 months for the power supply. The Antminer S7 was manufactured by Bitmain and is the previous model to the S9. When the S9 arrived, many miners upgraded, thereby flooding the market with relatively cheap used S7 devices.

The S7 also generally generates less heat and noise than the more powerful S9. Even with a high-end PSU, the S7 is still not as energy-efficient as the S9, as on average it consumes 0. The newer S9 is over twice as efficient, requiring less than 0. Keep in mind that you can still generate a reasonable profit with the S7 if you buy multiple units, or use a renewable energy source such as solar power.

Today, they remain the second largest manufacturer and designer globally of Bitcoin mining machines. The unit is also designed for a simple deployment, easy maintenance, and features a built-in AI chip. Rounding out the package is a full day warranty. While the hash rate is less than the Antminer products, this unit is also less expensive, meaning you could see a return on your investment in under days according to some estimates. It also has the advantage of a bundled PSU simplifying deployment.

The processor is from Samsung and uses an 8 nm process. For those that persevere, and manage to find one, a one year warranty is offered. As the hash rate is also a little lower than that of the AvalonMiner , with a similar power consumption, your decision on whether to choose the AvalonMiner A Pro will probably revolve around price considerations. As miners purchase these products , it underscores a tension between an Ethereum mining industry that is heavily invested in proof-of-work while its community and developers make moves toward a new network in Ethereum 2.

Mining sources tell CoinDesk they expect Ethereum mining activity to continue for at least a year following Ethereum 2. Updated April 27, , UTC: This article was updated to clarify that the most efficient ether-mining GPUs can produce nearly megahashes a second. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Colin Harper.