Mining Hardware: ASICs vs Other Options

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farm07Hero Member
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#1Jul 31, 2021, 06:33 PM
Bitcoin mining is the backbone of the whole network. Without miners, transactions wouldn't get confirmed, and the whole system could be in jeopardy.
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whale420Senior Member
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#2Aug 3, 2021, 04:23 AM
Why not use a site that compares ASIC miners? Just check out the efficiency and profit margins in a couple of clicks. Plus, I’ve noticed that Bitmain’s prices are pretty steep compared to Canaan’s. Anyone tried Whatsminer or MicroBT? I can’t even access their site right now.
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#3Aug 3, 2021, 10:37 AM
Yeah, having price info would really help, especially for newbies. It's always about how much you can spend on gear. If we could add some price ranges, that’d make this thread way more useful.
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#4Aug 3, 2021, 02:03 PM
Totally agree! But we need to clarify how we define "the best". Are we using someone else's list or what? Also, it’d be cool to mention if these miners are easy to get for people outside the US or EU.
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planktonHero Member
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#5Aug 3, 2021, 04:39 PM
"Best" really depends on what you’re after. You gotta decide if you want speed, efficiency, or longevity. No single miner excels at all three.
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#6Aug 3, 2021, 08:47 PM
In your experience, which ones are less likely to give issues? Antminers or Canaan?
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wallet_vaultFull Member
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#7Aug 3, 2021, 11:23 PM
Canaan miners are way more reliable than Bitmain ones. But they’re not as efficient in terms of dollar per hash. If you’ve got cheap power, Canaan could be better, but if you’re unsure about future costs, you might want a cheaper, faster option for better ROI.
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#8Aug 4, 2021, 04:02 AM
Exactly! Why not include price, Th/$, J/T, and availability? Also, why is the S19 (95Th) ranked number one? It’s not making much profit at all!
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defi23Member
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#9Aug 4, 2021, 07:29 AM
Wait, where’s the Antminer S19 XP? Shouldn’t it be at the top of this list?
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