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Best Bitcoin Mining Hardware in 2019: Prepare For Super-Powerful ASIC Miners

  • Alex Morris
    📈 Price Predictions

    In lieu of parroting about the death of crypto mining, U.Today takes an optimistic approach by reviewing the best Bitcoin mining hardware of 2019. We’ve determined the most powerful ASICs that will still be able to generate profit in the middle of the prolonging crypto winter. One of the miners on our list boasts a monstrous hashrate of 43 TH/s, but be prepared to shell out top dollar for that.  

Best Bitcoin Mining Hardware in 2019: Prepare For Super-Powerful ASIC Miners
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The demand for Bitcoin mining hardware substantially dwindled in 2018 due to market woes but doesn’t mean that the multi-billion dollar industry is dead. Hence, U.Today takes a closer look at the most popular ASIC miners on the market as of January 2018.  

Top Bitcoin hardware manufacturers

Bitmain remains the biggest mining manufacturer with a market share of over 75 percent. However, its controversial IPO coupled with dwindling cryptocurrency prices put a damper on the chances of this juggernaut to remain at the top of its game.
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Halong Mining is a relatively new mining company that is also based in China. Notably, Halong is one of the most secretive mining companies in the crypto space given there is no information about their CEO, location or earnings, which eventually led to speculations that the company is a scam.   

Canaan Inc, which also expects to rake in more than $1 bln during its IPO, is yet another Chinese mining giant on the block.

Moving away from the armada of Chinese mining giants, it’s also worth mentioning BitFury (mining hardware and chips) that is based in the US.  

Picking the best Bitcoin mining hardware: beginner-level 

Avalon6


Canaan’s Avalon6 is a good entry point for those who are only making baby steps in the cryptocurrency industry. Here, we are dealing with one of the cheapest ASIC miners out there, which is rather simple to use on top of that. However, keep in mind that it only offers 3.5 TH/s of hash rate.  

In the US, the average cost of electricity currently stands at 12 cents. Considering this, you would get a $1.68 daily loss.
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Antminer S9

Antminer S9 is yet another Bitcoin miner that belongs in the ‘O.G’ crowd – this miner has long remained Bitmain’s flagship product that became ubiquitous in the crypto space. With a hash rate of about 12.93 TH/s, it also remains one of the most powerful miners out there, and one can say that S9 is truly the gold standard in today’s crypto space without any flowery.     
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When money is not an issue
Dragonmint 16T


Dragonmint 16T is the ambitious project that is supposed to disrupt Bitmain’s hegemony. At one point, that was one of the most powerful miners out there, boasting a staggering 16 TH/s hashing power. Halong Mining reportedly forked out $30 mln in order to produce this miner.
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Innosilicon Terminator3

Prepare for a monstrous hashrate with Innosilicon T3, the miner that definitely lives up to its ‘Terminator’ name. Apart from wowing miners with 43 TH/s, this ASIC, developed by Bitmain’s competitor Innosilicon, also strives to become the most efficient and, subsequently, the most profitable miner out there.
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Innosilicon Terminator3 is currently available for pre-order, which kicked off on Nov. Nov 11 with the minimum order quantity standing at three units (you will have to fork out $2279 for each). The first release of Innosilicon T3 is scheduled for January 2019.

In addition, you can also check out Innosilicon A9 ZMaster, which rivals Antminer Z9, one of the latest ASIC miners from Bitmain that is designed for Equihash-based currencies.  

Bitmain S15/ T15

Forget about Antiminer S9 – there are already more powerful miners in the Bitmain town. Give that a lot of competitors are already breathing down Bitmain’s neck, it didn’t take this mining giant too long to come up with its own next-generation 7nm miner - Bitmain S15, yet another gem in Bitmain’s crown.
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Earlier, Jihan Wu, the co-founder of Bitmain, gave a lecture in September where he claimed that the brand-new ASIC chip would be able to integrate more than a billion transistors with a ‘special circuit structure’ that could help the miner to reach the maximum level of efficiency.

Ebit E11+

Ebang’s E11+ is a more advanced successor of E10. With the hash rate of around 37 TH/s, Ebit E11+ stands out as one of the most powerful ASIC-miners out there, only lagging behind Innosilicon. It is worth mentioning that major currencies (Bitcoin, Bitcoin Cash), as well as some little-known altcoins (ACOIN, DEM), can be mined with this hardware.

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WhatsMiner M10

WhatsMiner M10 is an upstart on the block that became known to the world on Dec. 20. The plug-and-play Bitcoin miner offers a seamless mining experience with a 33 TH/s hashrate. The miner will set you back $1,475.
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However, Pangolin, a brand-new mining producer, also has a true beast up its sleeve – Whatsminer DCR. The behemoth of a miner, which you can currently buy for eye-popping $4,490, offers 48 TH/s, easily making Whatsminer DCR the most powerful miner on the market. Batch 2 ship date is scheduled for Jan. 10.  

GMO miner B3

GMO miner B3 is one more representative of the batch of future ASIC miners. It lags behind Innosilicon T3 in terms of maximum hashing power (B3 supplies you with 33 TH/s). Still, these miners are pretty much on par in terms of mining efficiency given that B3 has a lower level of power consumption.

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However, the Japanese mining behemoth recently made an announcement about shutting down its cryptocurrency sector due to falling cryptocurrency prices. GMO will continue its in-house mining business but it will stop selling its mining hardware. All miners are currently sold-out.

Additional accessories  


Apart from the miner itself, you have to buy additional devices:

  1. A power supply unit (PSU).

  2. A mining rig if you want to buy a couple of ASIC miners.

  3. A cooling system (although, some miners, such as Bitmain’s new water-cooled Antminer S9 Hydro, already have inbuilt cooling solutions).

  4. Internet bandwidth. It is commonly known that Bitcoin doesn’t require much bandwidth but mining rigs with a higher hash-rate will require a faster Internet connection.  

  5. Your computer. Just like in case with Internet supply, your computer is not of great importance given that your ASIC is used for computer power. Even Opteron won’t outperform a batch of S7 miners.

Is GPU mining dead?

GPU mining remains in the doldrums as of now, giving gamers a major cause for celebration. The ASIC monopoly has taken over GPU mining, putting an end to a democratized mining space. That explains why Nvidia and AMD have already left the market. Speaking of popular GPU choices, we still have to point out Nvidia GeForce GTX 1070 and AMD Radeon RX580 as the most profitable graphic mining cards. Moreover, you can currently purchase these at a super-cheap price as the mining difficulty continues to drop.
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CPU mining hasn’t been a thing since 2010. To put this into perspective, Antminer S9 has 1800 processing chips while high-end PCs only have eight corers.

Generally speaking, there have been three generations of Bitcoin miners:

  • CPUs;

  • GPUs;

  • ASICs.

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Mining hardware of the future

Having covered the mining hardware of the past, we are now getting down to the mining hardware of the future. Back in May, it was revealed that a lot of secret ASIC were built for Monero, making up almost half of the coin’s total hash rate. There are still superpowerful ASIC miners in the likes of ASICminer Zeon 180K that generate huge profits.
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While there are miners with monstrous hashrate (and most probably many ‘secret’ ASIC chips in the offing), there is one thing that becomes clear – crypto mining of future will be getting more and more centralized, but the expansion ASIC equipment could democratize this market.  

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XRP Price Prediction: Will XRP Break $0.35 Resistance? No Silver Lining in the Cloud Is Found

XRP Price Prediction: Will XRP Break $0.35 Resistance? No Silver Lining in the Cloud Is Found
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Despite our hopes and beliefs, XRP fails to gain traction and stays about $0.32. Will it ever start growing, considering that BTC and altcoins are making considerable moves during the recent weeks? Let’s check out fresh Ripple XRP predictions to find out what to expect from it. tradingview users share their opinions and arguments about XRP price.

XRP reaches the point of consolidation

Watch XRP patterns closely

XRP price chart from CryptoManiac101

Look at the chart from CryptoManiac101: we can see there’s a strong pennant which might be considered by many to be a bear pattern. But after the formation of a pennant is over, there is a strong downtrend followed by heavy a consolidation phase which we're currently in. XRP seems to be bullish on this chart. However, before any considerable growth, we may see some more downtrend action.

This pattern is expected to break to upside or downside this month. Keep tabs on this technical indicator – it might help you to make further decisions.

A huge move is coming

XRP is about to go short

XRP price chart from russec2

A very interesting and detailed chart was proposed by russec2. Here, we see both short term and long-term perspectives. In the short term for XRP:

  • Looks like BTC before the last dump

  • Daily and 3D Stoch is falling

  • Energy lines are negative

  • Currently at the top of the big channel

As for the long term, daily RSI breakout has occurred and is now bouncing at the trendline. Thus, there’s a chance of XRP going short or higher. If Ripple goes short, BTC will do the same.

Is XRP finally triggering a breakout?

At least a $0.34 breakout should happen for XRP to grow

XRP price chart from DrDovetail

According to DrDovetail, there’s a Head & Shoulders pattern in the XRP chart, and the right shoulder is ending formation. The user anticipated the breakout point being right where this dotted green trendline converges with the neckline of the inverted head and shoulders pattern over a week ago. Finally, it seems to be closing, but first, we should see the price reach at least 34 cents to stay assured it is a legitimate breakout. We also need to watch for a good amount of bull volume.

XRP is going to $0.10?

XRP is very likely to drop to support

XRP price chart from AhmedAlii

AhdemAlii draws the following conclusion from the recent XRP behavior:

1. Bearish confirmation price to 0.28$ and 0.25$ is 0.304$. If you are more risk-prone and want to take advantage earlier, you can enter on a break of a 0.311$ price floor.

2. 0.32$ is current support and if EMA is used as support at this level, expect maximum upward activity to 0.335-0.34$ - a break above this level discredited lower high formation.

3. There is a chance we could be stuck in a range between 0.32$ and 0.35$ before any break.

4. Maximum upward potentials are at 0.35$ and 0.39$.

5. Final buy zones of 0.15-0.10$ are still in the books!

The current support price of 0.32$ was held up very well all in all and the price range was predicted very well with the ceiling coming in at 0.335$. Now we seem to be stuck.

So, what’s going to happen next?

1. XRP will most likely drop to supports at 0.32$ and thereafter, maximum upward capacity is to 0.377$ and even more so between 0.34-0.35$.

2. 0.304$ is still the bearish confirmation price to 0.28$ and 0.25$. The least conservative bearish confirmation price is 0.311$.

3. We are likely to test highs of 0.34-0.35$ conservative targets and even more so to 0.377$ increase before dropping to our downward targets of 0.28$ and 0.25$.

4. Our final buy zone still remains at 0.15-0.10$.

XRP/USD price chart from TradingView

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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