In this article we will tell about the best mining hardware which are available to mine Bitcoin with more efficiency .
But before to start this article, we would like to explain basic term related with mining hardware and then we will tell about best Bitcoin mining hardware.
We will cover these points in this articles
1.Bitcoin Mining pool
2. Hash Rate or Hash Power
3.Best mining hardware
4. How to buy mining hardware
5. Miner profitability calculator
6. Future of mining business
- TO KNOW WHAT IS MINING AND ITS TYPE CLICK HERE
Bitcoin Mining Pool
Mining pool is a platform to connect your mining hardware with the main blockchain network to mine bitcoin.
We can create own mining pool and also can join mining pool running by paid/free websites.
To know more about mining pool see out post about Mining Pool.
Hash Rate or Hash Power
Hash rate is a unit of efficiency of a mining hardware that how much problem it can solve in one second.
The first mining hardware that was launched in the history was in 336 MH/s and 14,000,000 MH/s hash power rate. Which is not efficient in the present time.
Best mining hardware
Since many types of the mining hardware are available in cryptocurrency market to mine coins but here we will give list of best bitcoin mining hardware which are latest and available to buy .
The table in this picture is taken from en.bitcoin.it, for more information about price and information regarding miners and their official websites visit en.bitcoin.it
list of all the mining hardware you Can get easily by visit here.
There are low cost & less efficiency miner and also of high cost & and high efficiency. You can buy these miners directly from bitmain website but we don’t recommend to buy these miners because these low efficient miner can’t give profit for you , so don’t go for buy mining hardware blindly, do deep research and profit rate calculation.
How to buy bitcoin mining hardware ?
You can buy from bitmain official website directly but there are numbers of problems we can face with the bitmain. We need to wait for long time to get delivery of the mining hardware because they will manufacture hardware of bitcoin mining after confirmation of order by you and after that they can take around 1-5 month to deliver, depends upon your location in the world.
Alternatively you can buy mining hardware from Amazon and also you can go with different different mining hardware seller manufacturing companies.
You will get all the links of mining hardware here
Is bitcoin mining is profitable?
We can’t directly say that it is profitable or not. But unfortunately you can’t make profit with even a high cost and high efficient miner if you have high cost of electricity in your are country.
If you think that you can get electricity at very cheap rate then you can try mining of Bitcoin and another coins.
But before to enter in Bitcoin mining work, you should calculate the profit & loss chances with a calculator.
Simply fill cost of electricity with country in first & second box and in third box select your mining hardware type.
And then hit at button CALCULATE. You will get your desired result of profit or loss.
Future of Bitcoin mining business?
There is a great future with the mining of Bitcoin, because you can run your own tool of transaction accelerator.
You can offer people to accelerate their stucked transaction in blockchain at a particular price.
Secondly, you can have big solar plant with one time investment and then you will be able to make earning with mining hardware in day time free of cost for next 20-30 years .
- What is Mining Pool & List of best mining pool
- Is Cryptocurrency Mining Legal ?
- Is Cryptocurrency Mining Legal ?
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