TOP CRYPTOCURRENCY MINING HARDWARE IN 2021
The year-long gone would be remembered by everyone across the globe – for all different reasons. Not only because of the pandemic but also for the other business developments that happened throughout the year. True that a few businesses suffered a huge loss, yet there were many that outgrew the expectations. Investments in shares were at the crossroads where the early months saw a drastic decline with a sharp rise towards the end.
Following a similar trend, CRYPTOCURRENCY MINING caught the attention of Bitcoin minors. During the initial months of 2020, it was believed that the crypto mining boom was a thing of the path. But to everyone’s surprise, NASDAQ registered companies clarified all doubts, showing their interest in bitcoin mining. As prices grew, the extent of mining increased, thereby creating a growth pattern.
To talk about the same, the selling price of Bitcoin stood at 10 grand in the summer. Presently, you cannot get the currency at less than double the above. What’s more intriguing is the fact that a similar notion clouded Altcoins as well. The price of Ether and Litecoin increased nearly three times what it was six months ago.
Experts are of the view that the BITCOIN PRICE MIGHT CROSS $25K IN 2021, and when it does, it mustn’t come to us as a surprise. To add to this, we believe with increasing prices, the demand for cryptocurrency mining hardware will also rise.
Keeping this as the core, we highlight the best cryptocurrency mining hardware you can that you can consider in 2021.
Top Cryptocurrency Mining Hardware in 2021
- INNOSILICON A11 PRO
The last on the list is A11 PRO. This Ethereum miner from the innosilicon is packed with a maximum hash rate of 2Gh/s for a power consumption of 2500W. It has the hasting algorithm of etash and Ethereum with a hash rate of 2000 mh/s.
The power consumption is extremely high and would sum up to something around 2000W. This hardware is designed for efficient performance and stable mining.
- ANTMINER S19 95T
Model ANTMINER S19 (95Th) has the all-new second-generation 7 nm BM1397 chip. It is equipped with the SHA-256 algorithm and has the highest hash rate as 95Th/s. The power consumption is around 3250W. It is considered to be the most powerful BTC ASIC miner and is far more superior than Antminer S17PRO and S17+ 73TH.
- ANTMINER S19PRO 110T
Model ANTMINER S19 PRO (110Th) is another bitcoin mining hardware, and similar to that of S19 95t, it is equipped with SHA-256. The mining hardware has the highest hash rate as 110Th/s with a maximum of around 3250W. The S19Pro 110t mining server leverages the best-in-industry mining solutions and has an optimized design. When planning to deploy S19Pro 110t as the mining hardware, you won’t find it hard to deploy. As a matter of fact, the hardware can be adapted to various mining farms and of varied sizes.
- INNOSILICON A10 PRO 7G 750M
Another high performing cryptocurrency mining hardware to be on the rise in 2021 is the INNOSILICON A10 PRO ETH miner. It has a 6G memory and is considered to be the updated version. The mining hardware has been designed specifically and further optimized to support ETH mining. The hardware is known for its high performance and has a power-packed hash rate of 500MH/S. Power consumption is valued at 950W.
Remember that the hardware isn’t meant for the new miners, and once you have updated the machine with the hardware, you might have to work to get greater performance.
- ANTMINER Z15
If you are looking for hardware with a lesser hash rate, the ANTMINER Z15 will please you the most. Backed with the Equihash algorithm, it has a maximum hash rate of 420ksol/s. Note that the power consumption for z15 is 1510W.
This accounts for seamless mining and is one of the finest hardware to invest in 2021. You can mine Zcash, given the hash rate and the power consumption. Before investing in the hardware, make sure you have the desired electricity setup.
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Why Is It Important to Pick the Right Hardware?
One of the most important questions that haunt most of the miners is why is it necessary to choose the right hardware?
Experts are of the view that when mining, the choice of hardware holds a lot of importance. Each and every component that you add is crucial. For one, the wrong hardware will cost you money. In fact, it is often seen that the cost of operating the mining hardware is a lot more than the amount earned through mining.
Besides the money spent on purchasing the hardware, it’s maintenance too costs huge. The cryptocurrency mining hardware is hot. A desirable temperature with adequate electricity is a must.
Power surges tend to disrupt the performance of the hardware. The power supply chosen must be capable of dealing with power surges or avoid them as and when possible.
While it might occur to you as something trivial, in reality, picking the right hardware makes a lot of difference. Hence, the need to pick them effectively and efficiently.
Is 2021 a Good Time to Invest in Crypto Mining?
Well, the answer to this is pretty confusing. Nothing can be said as now. While tough times no longer exist, we believe that the mining trend would be similar in 2021 as it was in 2020. The only difference is that the miners today have gained the experience, and so, the way they mine currencies would be better.
For you to be on the safe side, wait and watch to see how the year unfolds. Once it adjusts with the trend and picks up the pace, you are all set to begin mining cryptocurrency.