Are you looking for the best bitcoin mining hardware 2018 has to offer but not sure where to look and which one to buy? In this article i have reviewed the best bitcoin mining hardware currently available in market that you can easily buy and start making profit from digital currencies. At the moment ASIC mining hardware bitcoin 60 mh used by most miners due to the fact that ASIC machines mine coins at incredible speed and consumes less power when compared to GPU mining rigs. How to Choose the Best Bitcoin Miner?
Before i tell you about specifications of each bitcoin mining hardware currently included in our top pick list it is very important for you to know that bitcoin mining is becoming more and more competitive with passing days and china is currently dominating this market due to it’s cheap electricity. Nowadays, in order to benefit from mining bitcoin it is important to use hardware known as ASCIs. Initially people use to mine bitcoins on their personal computers but, with time they realized that by using graphic cards they could generate more hashing power and nowadays hardware known as ASCIs is being used that even surpasses the graphic card. Bitmain Antminer S5 is the first one included in our best bitcoin mining hardware 2018 list. It is not the latest ASIC miner due to the fact that S7, S9 and few other models have currently surpassed it but still there are some miners currently using this model due to which i have included it in our list. It was released early in 2014 and at that time it was one of the most efficient bitcoin ASIC miner available. When it comes to calculating profitability i would suggest you to always run your own calculations as people at different locations get different power rate, each person have their own preferred mining pool and the price at which you get your S5 miner.
If you’re thinking about solo-mining with your S5 miner or a block with a single or even several S5s then profit you will get might be virtually zero. However, if you live somewhere where electricity costs is too low and you are able to bring electricity cost below 10c per KWh then you can get profit from the S5 miner. So it is not impossible to get profit from the S5 miner with cheaper electricity, higher Bitcoin price and with some modifications that could help improve efficiency. When it comes to Power Supply then Bitmain Antminer S5 at around 115 Volts draws between 560 to 590 Watts. So, any good Power Supply Unit such as those used to run Personal Computers can easily run S5 miner without problem. It is important to note here that having a good power supply is very important when it comes to bitcoin mining as inefficient power supply will create extra noise, waste electricity and will even produce more heat.
When we talk about the efficiency of S5 miner then the actual power consumption of-course depends upon the ambient temperature and the PSU’s efficiency. In general Antminer S5 produce around 1 Gigahash for each 0. 51 Watts it consumes also known as 0. Similarly the S5 miner 0. The Hashrate of S5 miner can also be increased by overclocking i. When it comes to the weight of S5, the unit only weight 2.
It is due to the fact that sides of this miner are built with very lightweight plastic material and is open from bottom and top. When we talk about noise of this miner it is definitely not a good choice if you’re looking to put inside your home due to the noise it will produce due to its stock S5 120mm fan. 75 decibel fan with one that isn’t so loud. Most commonly a secondary fan is put at back-end of this miner where screw holes already exist for this purpose. S5 miner automatically detects the available IP address. When we talk about temperature then it is very important to know that with lower operating temperature of miner, higher it can be overclocked. Bitmain Antminer S5 is not the latest ASIC miner due to the fact that S7, S9 and few other models have currently surpassed it but still is a good choice for beginners looking to get some hands on experience in mining and with some tweaking it is even able to give profit.