18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
Mining
In keeping with statistics from mid-Could 2023, 18 totally different application-specific built-in circuit (ASIC) bitcoin mining units are worthwhile utilizing as we speak’s bitcoin trade charges. Moreover, the highest bitcoin mining machines as we speak are made by three outstanding ASIC producers, as fabrication competitors as of late is proscribed.
18 ASICs Revenue With Electrical energy Prices at $0.12 per kWh and At the moment’s Bitcoin Trade Charges
The common hashrate of the Bitcoin blockchain over the past 2,016 blocks stands at roughly 353.9 exahash per second (EH/s) at current. In a formidable feat this month, on Could 2, 2023, at block top 787,895, the community reached an unprecedented peak of 491.15 EH/s. In the meantime, the worth of bitcoin (BTC) has been steadily hovering barely beneath the $27K mark. Actual-time mining rig knowledge gathered from asicminervalue.com reveals that there are 18 worthwhile SHA-256 ASIC miners in operation utilizing present BTC trade charges.
The highest six most worthwhile bitcoin mining rigs in accordance with asicminervalue.com.
Given the current worth of BTC and the fast surge in hashrate, one would possibly count on a mess of ASIC producers to be actively crafting superior mining rigs in 2023. Surprisingly, nevertheless, the panorama is dominated by simply three outstanding ASIC fabricators solely centered on designing mining rigs for bitcoin extraction: Bitmain, Microbt, and Canaan. All 18 of the main ASIC bitcoin miners, suitable with SHA-256 and at the moment producing earnings, originate from these three producers.
The highest three most outstanding bitcoin mining rig producers in 2023.
The Prime 6 Most Worthwhile ASIC Bitcoin Miners on the Market in 2023
The highest bitcoin mining rig is the Bitmain Antminer S19 XP Hydro, boasting a hashrate of 255 terahash per second (TH/s). With its institution relationship again to 2013, Bitmain has cemented its presence within the trade through the years, manufacturing 10 out of as we speak’s high 18 ASIC miners. Making an allowance for present BTC trade charges, knowledge reveals that the S19 XP Hydro yields an estimated each day revenue of roughly $9.29, factoring in an electrical energy value of $0.12 per kilowatt hour (kWh).
The Bitmain Antminer S19 XP Hydro (pictured left) and the Antminer S19 XP (pictured proper).
In shut pursuit, the Antminer S19 XP, producing 140 TH/s, firmly secures its place because the second most profitable ASIC rig. The S19 XP rakes in an estimated each day revenue of $4.82 whereas upholding the identical electrical energy prices. Trailing carefully behind is Microbt’s Whatsminer M56S, commanding 212 TH/s and claiming the spot because the third most worthwhile bitcoin miner within the present market. Projections recommend that the M56S yields a each day revenue of $4.44.
The Microbt-brand Whatsminer M56S (pictured left) and the Canaan Avalon-made A1366 (pictured proper).
Following go well with, the Antminer S19k Professional produces a hashrate of 136 TH/s, whereas the Antminer S19 Professional+ Hydro clocks in at 198 TH/s. These two miners are estimated to generate a each day revenue starting from $3.40 to $3.70. The fifth most worthwhile ASIC mining rig is Canaan’s Avalon A1366 which produces 130 TH/s. At $0.12 per kWh, the Avalon A1366 will get an estimated $3.17 per day in revenue.
With electrical energy prices set at $0.12 per kilowatt hour (kWh) and contemplating the prevailing BTC costs, a complete of 18 mining units show to be worthwhile. Nevertheless, if the electrical energy price drops beneath $0.12 per kWh, a broader vary of machines with decrease terahash outputs turn into financially viable.
Whereas the worldwide common electrical energy price hovers round $0.14 per kWh, there’s an honest quantity of nations, together with Iran, Cambodia, Afghanistan, Belarus, Cape Verde, Brazil, Central African Republic, Bhutan, and Azerbaijan, amongst others, the place electrical energy charges vary from $0.01 to $0.05 per kWh.