Bitcoin Mining Hardware Review 2016: Honest Opinion and Comparison

Bitcoin mining hardware

Bitcoin mining hardware is evolving dramatically. This recommendation may become outdated any time. We will do our best to keep it updated.

Long time ago, the central processing unit (CPU) was the main tool for Bitcoin mining. The number of miners as well as difficulty increased over the time. As a result CPU wasn’t enough any longer. Miners quickly figured out that the graphical processing unit (GPU) in computer graphics cards is the way to go. With GPU, they could hash data up to 100 times faster. Another advantage – it didn’t consume as much power per unit of work as CPU.

In 2011, the first specialized FPGA-based bitcoin mining device came to life. The hardware was based on FPGA processors attached to computer with the convenient USB connection. It used much less power than CPU’s or GPU’s. As a result, first Bitcoin mining farms were established.

The best bitcoin mining hardware 2016

Application-specific integrated circuit (ASIC) miners is a latest generation of Bitcoin miners that were created to solely to solve Bitcoin blocks. The use much less power than CPUs, GPUs or FPGAs. mining rigs and can mine at unbelievable speeds solving Bitcoin blocks much faster. There several reliable companies that are popular among professional Bitcoin miners.

As Bitcoin mining difficulty and the Bitcoin price increase, so does the price for new ASIC Bitcoin mining hardware. It always evolves – almost every year we get a new more powerful machine; as a result it pushes the limits of what makes the best Bitcoin mining hardware. If you DON’T have enough funds and cheap electricity to keep mining profitable and upgrade your hardware on timely bases, go for cloud mining solution.

The Best ASIC Bitcoin Mining Hardware Comparison

There are 2 major factors that identify the best bitcoin mining hardware: (1) cost, (2) hash rate, and (3)electricity efficiency.

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AntMiner S7

Antminer-S7-Version-7-506THs--25WGH-28nm-ASIC-Bitcoin-Miner

Advertised Hash Rate

4.73 TH/s

Advertised Power Efficiency

0.25 W/GH

Weight

8.8 pounds

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Antminer S9

Antminer-S9-1293THs--098WGH-16nm-ASIC-Bitcoin-Miner

Advertised Hash Rate

14.0TH/s

Advertised Power Efficiency

0.098 J/GH

Weight

10 pounds

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Tech SP20 Jackson

Spondoolies-Tech-SP20-Jackson-13-17THs-ASIC-Bitcoin-Miner

Advertised Hash Rate

1.7 TH/s

Advertised Power Efficiency

0.65 W/Gh

Weight

12.3 pounds

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There are also USB miners. Here is the comparison of the most up-to-date USB Bitcoin miners.

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BPMC Red Fury USB 

BPMC-Red-Fury-USB-22-27-GHs-Bitcoin-Miner

Advertised Hash Rate

2.2 – 2.7 GH/s

Advertised Power Efficiency

0.96 W/Gh

Weight

1.6 ounces

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Avalon Nano 3

Avalon-Nano-3-Newest-USB-36Ghs-Asic-Bitcoin-Miner

Advertised Hash Rate

3.6Gh/s

Advertised Power Efficiency

0.85 W/Gh

Weight

0.8 ounces

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Nanofury NF1

Technobit-Nanofury-NF1-USB-Bitcoin-Miner-20-to-22-GHsec-Powered-by-Bitfury-5GHs-ASIC-Application-Specific-Integrated-Circuit

Advertised Hash Rate

2.0 GH/s

Advertised Power Efficiency

n/a

Weight

2.1 ounces

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Before purchasing your first hardware, learn how Bitcoin mining works and check the reviews on specialized Bitcoin forums.

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