18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed – Mining Bitcoin News

18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed – Mining Bitcoin News

According to statistics from mid-May 2023, 18 completely different application-specific built-in circuit (ASIC) bitcoin mining gadgets are worthwhile utilizing at present’s bitcoin change charges. Additionally, the prime bitcoin mining machines at present are made by three distinguished ASIC producers, as fabrication competitors lately is restricted.

18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s Bitcoin Exchange Rates

The common hashrate of the Bitcoin blockchain over the final 2,016 blocks stands at roughly 353.9 exahash per second (EH/s) at current. In a formidable feat this month, on May 2, 2023, at block peak 787,895, the community reached an unprecedented peak of 491.15 EH/s. Meanwhile, the value of bitcoin (BTC) has been steadily hovering barely under the $27K mark. Real-time mining rig information gathered from asicminervalue.com reveals that there are 18 worthwhile SHA-256 ASIC miners in operation utilizing present BTC change charges.

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed
The prime six most worthwhile bitcoin mining rigs in accordance with asicminervalue.com.

Given the current worth of BTC and the fast surge in hashrate, one may count on a large number of ASIC producers to be actively crafting superior mining rigs in 2023. Surprisingly, nonetheless, the panorama is dominated by simply three distinguished ASIC fabricators completely 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 present producing income, originate from these three producers.


The prime three most distinguished bitcoin mining rig producers in 2023.

The Top 6 Most Profitable ASIC Bitcoin Miners on the Market in 2023

The prime 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 in the trade over the years, manufacturing 10 out of at present’s prime 18 ASIC miners. Taking into consideration present BTC change charges, information reveals that the S19 XP Hydro yields an estimated every 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 as the second most profitable ASIC rig. The S19 XP rakes in an estimated every 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 as the third most worthwhile bitcoin miner in the present market. Projections recommend that the M56S yields a every day revenue of $4.44.

The Microbt-brand Whatsminer M56S (pictured left) and the Canaan Avalon-made A1366 (pictured proper).

Following swimsuit, the Antminer S19k Pro produces a hashrate of 136 TH/s, whereas the Antminer S19 Pro+ Hydro clocks in at 198 TH/s. These two miners are estimated to generate a every 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 gadgets show to be worthwhile. However, if the electrical energy charge drops under $0.12 per kWh, a broader vary of machines with decrease terahash outputs develop into financially viable.

While the international common electrical energy charge hovers round $0.14 per kWh, there’s a good quantity of international locations, 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.


Tags on this story

Antminer, Antminer S19 XP Hydro, ASIC gadgets, Avalon, Avalon Made, Bitcoin mining, Bitmain, Canaan, every day revenue, Electricity prices, electrical energy charges, international electrical energy charges, hashrate surge, Manufacturers, Microbt, Profitability, terahash output, prime producers, Whatsminer

What are your ideas on the present panorama of Bitcoin mining and the dominance of just a few main producers? Share your insights and opinions in the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 7,000 articles for Bitcoin.com News about the disruptive protocols rising at present.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational functions solely. It just isn’t a direct supply or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the firm nor the writer is accountable, straight or not directly, for any harm or loss triggered or alleged to be attributable to or in reference to the use of or reliance on any content material, items or companies talked about on this article.

More Popular News

In Case You Missed It

Source link