24 Jun Top 5 Crypto Mining Hardware: What’s the best in 2022

The most efficient method of mining cryptocurrency on an industrial scale is to invest in reliable mining hardware. You can then configure it to a cryptocurrency mining pool to maximize profitability. You can make use of online calculators with the mining pools to envision your revenue even before you purchase your mining equipment. The estimates are based on their hash rate, power consumption, operating temperature, and algorithm. 

Let’s have a look at the top picks in 2022 for mining cryptocurrency. 

• Antminer S19 Pro

The Antminer S19 Pro is currently the best cryptocurrency mining hardware to mine Bitcoin and SHA-256 cryptocurrencies. This is because of the hashrate, efficiency, and power consumption it offers. 

At the power efficiency of 29.7 J/TH, this mining hardware gives a profit of $12 per day. Its electricity consumption costs $0.1/kilowatt. This means it generates an annual return of 195% and the initial investment is covered within 186 days. It operates at a humidity of between 5 % – 95 %. Much like other mining hardware, you can connect it with different mining pools. 

Its board is built with the next generation 5nm chip. Its size is 370 mm x 195.5 mm x 290 mm. It features 4 cooling fans, a 12 V supply unit, and Ethernet connectivity. 

• Hashrate: 110 TH/S

• Power Consumption: 3250 W

• Noise level: 75db

• Temperature range: 5 – 40 °C

• Weight: 15,500 g

For the price, you would need to check the market in the present day. The equipment price alters over time and with cryptocurrency value. 

• AvalonMiner A1166 Pro

This hardware caters to SHA-256 algorithm cryptocurrencies. At $0.01 per kilowatt power cost, you can expect it to generate $2.77 per day. It is manufactured by a trusted company and has been a popular choice amongst miners today. It features four cooling fans and is 306 mm x 405 mm x 442 mm in size.  It works best when the humidity is between 5 % – 95 %.

• Hashrate: 81 TH/S

• Power Consumption: 3400 Watts

• Noise Level: 75 db

• • Temperature range: -5 – 35 °C

• Weight: 12,800 g

For the price, you would need to check the market in the present day. The equipment price alters over time and with cryptocurrency value. 

• WhatsMiner M30S++

This hardware is the latest production from its company and one of the fastest cryptocurrency miners considering its hash rate and profitability. As it is a high power consumption device, it is not recommended for those new to mining. It is best suitable where electricity supply is affordable, so it can generate a profit between $7 – $12.

It has a mining efficiency of 0.31 J/GH. It features 12V of power and can be connected via Ethernet cable. It is equipped with two cooling fans and is 125 mm x 225 mm x 424 mm in size. 

• Hashrate: 112 TH/s

• Power Consumption: 3472 W

• Noise level: 75 db

• • Temperature range: 5 – 40 °C

• Weight: 12,800 g

For the price, you would need to check the market in the present day. The equipment price alters over time and with cryptocurrency value. 

• AvalonMiner 1246

This hardware is one of the best mining hardware for SHA-256 algorithm coins. At a power efficiency of 38 J/TH, you can expect $ 3.11 per day in profit. The profitability depends on the value of the cryptocurrency you mine and the power cost. 

It features two blade fans, preventing dust accumulation on the dashboard. This prolongs its life and prevents short-circuiting. It issues automatic alerts in case of malfunctioning. This helps in the prevention of network attacks and potential loopholes. It comes equipped with four cooling fans and is 331 mm x 195 mm x 292 mm in size. 

• Hashrate: 90 TH/s

• Power consumption : 3420 W

• Noise level: 75 db
• Temperature range: 5 – 30 °C

• Weight: 12,800 g

For the price, you would need to check the market in the present day. The equipment price alters over time and with cryptocurrency value.

• Bitmain Antminer S17

The S17 is for mining SHA-256 algorithm-based cryptocurrencies and caters to over 40 coins. 

This 7nm chip device features 144 chips and comes with four fans to prevent overheating. It incorporates three chipboards and is 178 mm x 296 mm x 298 mm in size. With the cost of electricity at USD 0.1 per kilowatt, it can generate a profit of USD 12.26 when mining Bitcoin.  

• Hashrate: 53 TH/S

• Power Consumption: 2385 W

• Noise Level: 82 dB

• Temperature range:  5 – 45 °C

• Weight: 9,500 g

For the price, you would need to check the market in the present day. The equipment price alters over time and with cryptocurrency value.

In Conclusion

The top contenders of mining hardware keep changing as new devices with higher hash rates and attractive offerings are manufactured. The recommended mining equipment would give you the best hash rate, and excellent power consumption with the most efficiency. However, profitability differs according to the market value of cryptocurrencies and the cost of power supply in your area. 

You must bear these factors in mind and do in-depth research before making a big investment.