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The best bitcoin mining machines in 2024

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The best bitcoin mining machines in 2024

The best bitcoin mining machines in 2024

What is the best bitcoin mining machine? The increasing acceptance of Bitcoin and the profitability of mining this digital currency has made the Bitcoin mining industry bigger day by day, and as you probably know, home computers can no longer be used to mine Bitcoin, and we need special devices called miners.

On the other hand, due to the competitiveness of the mining process and the hardening of mining, new and more efficient devices are usually released on the market every few months and slowly remove the older devices.

In this guide, after reviewing the best bitcoin mining machine in the world, we will first explain a little about the profitability criteria of a mining machine and then introduce the best bitcoin mining machines in 2024.

What is the best bitcoin mining machine?

 bitcoin mining

bitcoin mining

The best Bitcoin mining device according to the reviews and queries of digital currency from professional miners, at the time of updating this article (Azerbaijan 1402), is the Bitmain Antminer S19 Pro device. This powerful device and the highest number of references in technical reviews is known as the best Bitcoin mining device. Read more about this device below.

Of course, if we look at the issue from a more general perspective, the best of a mining device is a completely relative issue, and maybe in some areas and conditions, devices are used that are not profitable in other areas and conditions.

According to a general rule, it can be said that the best mining device for everyone is a device that, in addition to having a long life, has a faster return on investment. The return on investment time is the time when it is said that the money to buy the device and its side costs will return.

According to the rule above, the best and newest mining machine is not always the most popular. For example, although the Bitmain Antminer S19 Pro device is the best Bitcoin mining device in the market at the time of writing and updating this article, according to most miners; But where electricity is cheap, many large farms may still use older or other models.

Device power (hash rate/hash rate): The higher the amount of processing power of the device to produce hash, the higher the amount of mined bitcoins. Example: the power of Antminer S19 Pro is about 110 terahertz per second (110TH/S).

Power consumption of the device: the higher the amount of power consumed by the mining device in terms of watts, the higher the cost of electricity will be on the miner. Example: Antminer S19 Pro’s power consumption is about 3,250 watts (3250W).

The price of the device: the amount of money paid for the purchase of the mining device. The higher the price, the longer the miner has to work for the return of the purchase capital, and therefore the return time of the investment increases.

Apart from the above, many other factors such as the price of Bitcoin, electricity tariff and the difficulty of the Bitcoin network are influential in the return of investment; But the above three cases were only related to the device.

Top ten bitcoin mining machines in 2024

The ten best Bitcoin mining machines in 2024 are listed below. These devices are the most efficient among miners until the middle of 2024. In fact, factors such as energy efficiency, price, size, weight and acceptance among consumers have been taken into account to prepare the following list.

  •      Bitmain AntMiner S19 Pro
  •      Bitmain AntMiner S9
  •      MicroBT Whatsminer M30 Plus Plus (MicroBT Whatsminer M30S++)
  •      Canaan Avalonminer 1246
  •      Canaan Avalon Made A1366
  •      Dragonmint T1
  •      Ebang Ebit E11 Plus Plus (++Ebang Ebit E11)
  •      Bitmain Antminer T19
  •      Innosilicon T3+ 52T
  •      MicroBT Whatsminer M31S (MicroBT Whatsminer M31S)

We emphasize again that in order to perform the mining activity, everyone should prepare a device according to their activity area and conditions, and it may be more logical for one person to use some old devices. Also, pay attention to the fact that the higher power of the device does not mean that the device is better. Remember that factors such as power consumption, lifespan, weight, noise, and size can directly or indirectly affect the profitability of mining.