There are a lot of variables at play when it comes to maximizing the success and profitability of your crypto mining efforts, from knowing what to mine and how to mine it, to minimizing the cost and maximizing efficiency of your operation.
In an industry that changes so quickly, you often can’t rely on last year’s tactics to work today and in the future — especially in 2020 with the halving of bitcoin on the horizon. Devices need to be optimized and sometimes upgraded in order to keep up with shifts in the mining landscape.
Here are 9 popular cryptocurrency mining models that our team is seeing commonly hosted in 2020 and can help set up your operation for continued success.
Bitcoin continues to be the most popular cryptocurrency mined. With the halving of bitcoin slated to take place in May, it is anticipated to have a considerable impact on hardware efficiency required to mine profitably. Here are four bitcoin miners to consider this year.
Hashrate: 73 TH/s
Power consumption: 2920 W
The high-powered successor to the S9, the Antminer S17+ delivers a steep increase in hash power and efficiency to mine bitcoin and bitcoin cash. The S17+ released in April of 2019 and is a popular option for bitcoin miners looking to up their power in 2020. The series also includes the S17e which features a hashrate of 64 TH/s and power consumption of 2880 W.
Hashrate: 110 TH/s
Power consumption: 3250 W
Bitmain has officially announced the upcoming release of its latest Antminer models — the S19 and S19 Pro — which are scheduled to begin shipping in May of 2020. The hardware comes equipped with a new generation custom-built chip capable of achieving a power efficiency as low as 23 J/TH. Users will also experience enhanced stability with the new APW12 high-conversion efficiency power supply, along with new firmware to facilitate faster startup speed and an intelligent control mechanism to ensure the best overall mining experience.
Hashrate: 57 TH/s
Power consumption: 3300 W
The T3 series from China-based manufacturer Innosilicon includes some of the industry’s leading bitcoin miners. High-hash mode on the T3+ reaches 57 TH/s, while the high-efficiency mode dials back to 33 TH/s at 1650 W, offering a wide range of capability to suit the unique needs of your farm. The T3 series also includes the T3+ Pro which operates at a hashrate of 67 TH/s and a power consumption of 3300 W.
Hashrate: 68 TH/s (AvalonMiner 1166)
Power consumption: 3196 W (AvalonMiner 1166)
Canaan’s AvalonMiner 1166 — released in October of 2019 — features a hashrate of 68 TH/s combined with a power usage of 3196 W, making it a high-efficiency miner for dealing in bitcoin. The reduced power and cost of the AvalonMiner 1146 will still pack a punch at 56 TH/s but comes with a lesser upfront cost.
Hashrate: 86 TH/s
Power consumption: 3344 W
China-based Whatsminer boasts a plug-and-play ASIC approach to bitcoin mining, and its M30S series is no exception. The miner recently released and is prepping to ship in April of 2020. The built-in fan system helps achieve peak performance power while also keeping heat down. This device is well designed for profitably mining bitcoin going forward.
Diversification is a smart decision in any investment activity, including crypto. Here are a couple of devices to consider for mining Ethereum in 2020.
Hashrate: 500 MH/s (highest-powered model)
Power consumption: 750 W
In addition to its impressive bitcoin miners, Innosilicon also offers the A10 ETHMaster — one of the most profitable Ethereum-based devices in the industry. It comes with PSU included and is ready to deploy right out of the box, so you can ramp up your operation for immediate ROI.
Hashrate: 190 MH/s
Power consumption: 760 W
The Antminer E3 from Bitmain was the first-ever Ethereum-based ASIC miner on the market when it launched in 2018, changing the way users could tap into the rapidly growing altcoin. The wide range of features behind Ethereum, including the ability to “codify, decentralize, secure, and trade just about anything,” make it a highly sought–after form of crypto. Much like its bitcoin-focused counterparts also under the Bitmain umbrella, the E3 is a powerful and cost-effective device.
The anonymity of ZCash has long made it a favorable choice for users looking to operate in complete privacy. Here are two popular devices for tapping into ZCash this year.
Hashrate: 135 KSol/s
Power consumption: 1418 W
Yet another option from Bitmain, the Antminer Z11 triples the hashing power of its predecessor (the Z9) and is also more energy-efficient, saving 60% on electricity costs compared to the earlier model. The 12nm chip’s new internal circuit structure is largely to thank for this increase in efficiency.
Hashrate: 140 KSol/s
Power consumption: 1550 W
Shipping of the A9++ is expected to start on February 21, 2020, which will give users tremendous computing power and efficiency for mining ZCash. The power consumption of this latest model will still be the same as with the A9+, but hashrate has jumped up from 120 KSol/s to 140. The low operating cost and efficiency of the A9++ lend itself to high ROI when properly leveraged.
The right hardware still requires the right hosting. Compute North owns and operates state-of-the-art facilities designed specifically to make the most of blockchain technology. Each campus is constructed in a strategic location in the U.S. to allow users to focus solely on ROI and less on logistics.
With years of colocation experience, we have best-in-class solutions designed to help you maximize business operations. Benefits of our services include:
- Cost-competitive infrastructure powered by renewable energy
- Secure environment to keep your hardware and your data safe
- Core infrastructure with power, space, ambient air cooling, internet access, physical racks, and security
- And more