Top Bitcoin Mining Hardware for 2020

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Despite the monetary benefits offered by Bitcoin mining to its followers, the energy and upfront cost of buying Bitcoin mining hardware can make a hole in your bank account.

If you pick the unsuitable hardware for mining, you might find it hard to make more money. Not only that, but you could also lose a huge amount of money than what you can get from Bitcoin mining.

To prevent this from happening, we have gathered the best Bitcoin mining hardware you may consider, together with their energy consumption, hash rate, and price. Reading this post will help you determine the right hardware that works best for you, despite your mining experience.

So, if you want to know more about it, then keep on reading and enjoy!

Bitmain Antminer S9i

Considering that Bitmain Antminer S9 is one of the well-known Bitcoin mining worldwide, it is out of stock on Bitmain’s official site. Luckily, Bitmain launched the latest version of Antminer S9 that is available for only 499 US Dollars. To know more about bitcoin investing keep reading the blog.

The said Bitcoin mining hardware comes with a 14 TH per second hash rate, and it consumes only 1,320 wattages. Knowing these factors, you can ensure that Bitmain Antminer S9i is considered to be efficient hardware in mining Bitcoin.

If you are an expert or beginner miner who wants to create money from mining Bitcoin, this Antminer S9i of Bitmain is perfect for you as it does have a low upfront and energy cost.

Avalon6

This Bitcoin mining hardware is available on Amazon for only 300 US Dollars. Having this in mind, it makes the perfect hardware for those budgetary miners. Not only that, but it can also be set up easily. Another good thing about Avalon6 is that it is efficient with a 3.5 TH per second Hash Rate. It also consumes 1050 wattages of energy.

If your electricity cost is quite low, Avalon6 won’t help you to mine more bitcoins. This is a good Bitcoin mining hardware that is ideal for hobbyists and beginners considering it’s easy to use and inexpensive.

Bitmain Antminer R4

Another Bitcoin mining hardware from Bitmain is the Antminer R4. It is listed after Antminer S9i when it comes to its efficiency. It also has an 8.7 TH per second hash rate and has low energy consumption that only consumes about 845 wattages.

One of the great things we love about Antminer R4 is that it works silently, which is perfect for home-based bitcoin miners. The efficiency and convenience offered by R4 make it quite expensive. In connection to that, you can purchase it on Amazon for 2,999 US Dollars. We recommend this Bitcoin mining hardware if you are an intermediate miner or hobbyist who wants to create money within the comfort of your home.

Pangolin Whatsminer M3X

Even though Pangolin Whatsminer M3X uses the most power compared to the other Bitcoin mining hardware mentioned above, which consumes about 2,050 wattages of energy, this hardware is still considered to be the most powerful equipment since it has a 12.5 TH per second hash rate.

The Pangolin Whatsminer M3X is also listed in the most affordable powerhouse Bitcoin mining hardware, which is available on Amazon for only 1,022 US Dollars. This is enough to outweigh its overall energy cost. Aside from that, it will also help you to earn money from mining. If you have a below-average electricity cost and mining Bitcoin for a long time, then we highly recommend this equipment.

Conclusion

Those are the best hardware you can use to mine Bitcoin more effectively and efficiently. If you are planning to make money from Bitcoin mining, opt for the hardware we mentioned above.