9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (2024)

ASIC miners are specialized hardware devices that are designed to mine cryptocurrency. They are much more efficient than general-purpose computers, and can generate significantly more hash power.

If you are considering getting into cryptocurrency mining, it is important to choose the right ASIC miner for your needs. There are a number of factors to consider, such as the hash rate, power consumption, and price.

In this article, we are going to examine the best ASIC miners in the market today and explore their main features.

Here are some of the best ASIC miners on the market in 2024:

  1. Bitmain Antminer S19j Pro+ – The best ASIC miners overall
  2. MicroBT WhatsMiner M50S – An excellent all-around option
  3. Bitmain Antminer S19 XP – A highly efficient ASIC rig
  4. Bitmain AntMiner S19 Pro – A relatively cheap option for those just starting out with BTC mining
  5. MicroBT WhatsMiner M30S++ – An older but still very popular ASIC miner
  6. Bitmain Antminer S19 XP Hyd – The most powerful (and expensive) ASIC machine
  7. MicroBTC WhatsMiner M66S– A powerful immersion-cooled ASIC
  8. MicroBT WhatsMiner M63S – WhatsMiner's latest-gen SHA-256 miner
  9. Canaan Avalon Made A1466 – An efficient and stable Bitcoin miner from Canaan

The 6 best ASCI miners: Examining the top ASIC mining rigs in 2024

The following list includes some of the best ASIC mining rigs you can get your hands on today. All miners on the list support the SHA-256 algorithm, which is used in Proof-of-Work (PoW) cryptocurrencies like Bitcoin, Bitcoin Cash, and others.

1. Bitmain Antminer S19j Pro+ – The best ASIC mineroverall

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (1)

The Bitmain Antminer S19j Pro+ is one of the most powerful and efficient ASIC miners on the market, and one of the best Bitcoin miners in general. It has a hash rate of 122 TH/s and a power consumption of 3,355 W. This means that it can generate a significant amount of hash power while using relatively little electricity.

The S19j Pro+ has a power efficiency of 28 J/TH (a lower number indicates higher efficiency), making it one of the more efficient ASIC machines in its price range. The Antminer S19j Pro+ is also relatively quiet, making it a good choice for miners who live in residential areas.

Price$1,895
Release DateDecember 2022
Hash Rate122 TH/s
Power Consumption3,355 W
Efficiency28 J/TH

Buy the Bitmain Antminer S19j Pro+

2. MicroBT WhatsMiner M50S – An excellent all-around option

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (2)

The MicroBT WhatsMiner M50S is a good all-around ASIC miner. It has a hash rate of 127 TH/s and a power consumption of 3,276 W. This makes it a good balance between performance and efficiency, which stands at an impressive 26 J/TH.

At roughly $2,000, MicroBT’s ASIC machine is definitely worth considering for those who are thinking about starting mining crypto for the first time, as for those who might want to upgrade their current mining setup.

Price$2,055
Release DateJuly 2022
Hash Rate127 TH/s
Power Consumption3,276 W
Efficiency26 J/TH

Buy the MicroBT WhatsMiner M50S

3. Bitmain Antminer S19 XP – A highly efficient ASIC rig

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (3)

The Bitmain Antminer S19 XP is a good choice for miners who are looking for a powerful and efficient ASIC miner without breaking the bank. It has a hash rate of 141 TH/s and a power consumption of 3,032 W, for an overall energy efficiency of 21 J/TH.

The Antminer S19 XP is a good choice for miners who are looking for a powerful and efficient Bitcoin miner. It is also a good choice for miners who are new to mining, as it is relatively easy to set up and operate.

Price$3,589
Release DateJuly 2022
Hash Rate141 TH/s
Power Consumption3,032 W
Efficiency21 J/TH

Buy the Bitmain Antminer S19 XP

4. Bitmain AntMiner S19 Pro – A relatively cheap option for those just starting out with BTC mining

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (4)

The Bitmain AntMiner S19 Pro is a popular choice for miners due to its good balance of performance, efficiency, and price. It has a hash rate of 110 TH/s and a power consumption of 3,245 W. While its efficiency is not as good as some of the more expensive choices on our list, it still boasts a very respectable efficiency of 30 J/TH.

The AntMiner S19 Pro is powered by the Bitmain BM1397 chip, which is a custom-designed ASIC chip for Bitcoin mining. The miner also features a quadruple-fan cooling system that helps to keep it cool during operation.

Price$1,715
Release DateMay 2020
Hash Rate110 TH/s
Power Consumption3,245 W
Efficiency30 J/TH

Buy the Bitmain AntMiner S19 Pro

5. MicroBT WhatsMiner M30S++ – An older but still very popular ASIC miner

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (5)

The MicroBT WhatsMiner M30S++ is a good choice for miners who are looking for a powerful and efficient ASIC miner. It has a hash rate of 112 TH/s and a power consumption of 3,392 W, for a total efficiency of 33 J/TH.

Like other miners on our list, the M30S++ mines using the SHA-256 algorithm, making it a great choice for those who’d like to mine coins like Bitcoin, Bitcoin Cash, and Bitcoin SV. The WhatsMiner M30S++ is a good choice for miners who are looking for a powerful and efficient Bitcoin miner that won’t break the bank. It is also a good choice for miners who are new to mining, as it is relatively easy to set up and operate.

Price$1,992
Release DateOctober 2020
Hash Rate106 TH/s
Power Consumption3,392 W
Efficiency33 J/TH

Buy the MicroBT WhatsMiner M30S++

6. Bitmain Antminer S19 XP Hyd – The most powerful (and expensive) ASIC machine

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (6)

The Bitmain Antminer S19 XP Hyd is the most powerful ASIC miner on the market. It has a hash rate of 255 TH/s, and a power consumption of 5,346 W. This makes it an ideal choice for miners who want to maximize their profits.

It is important to note that the Antminer S19 XP Hyd is one ofthe most expensive ASIC miners for sale today. It is also very noisy, so it is not suitable for miners who live in residential areas. For these reasons, we are putting the S19 XP Hyd at the bottom of our list despite its impressive specs.

Price$6,651
Release DateOctober 2022
Hash Rate255TH/s
PowerConsumption5,346W
Efficiency21 J/TH

Buy the Bitmain Antminer S19 XP Hyd

7. MicroBT WhatsMiner M66S – A powerful immersion-cooled ASIC

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (7)

The WhatsMiner M66S is an ASIC miner specialized for the SHA-256 algorithm. The M66S has a hashrate of 298 TH/s and a power efficiency of 18.5 J/TH. The miner has a power consumption of 5,513 watts, is designed for immersion cooling systems and is engineered to function at temperatures between5°C and 45 °C.

While the WhatsMiner M66S is certainly powerful, it's also quitepricy. The lowest price at which we've seen this miner offered as of April 2024 is $8,046.

Price$8,046
Release DateOctober 2023
Hash Rate298 TH/s
Power Consumption5,513 W
Efficiency18.5 J/TH

Buy the MicroBT WhatsMiner M66S

8. MicroBT WhatsMiner M63S – ASHA-256 miner from WhatsMiner

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (8)

The WhatsMiner M63S is the latest iteration among MicroBT's miners specialized for the SHA-256 algorithm. With a formidable hashrate ranging from 360 to 390 TH/s, it positions itself as one of the most potent choices available on the market. The WhatsMiner M63s isdesigned for hydro cooling and its form factor caters to easy rack mounting.

The M63S boasts a power consumption rating of 7215 watts and is engineered to function within temperature ranges of 5℃ to 35℃.

However, the high-performance capabilities of the M63S come with a corresponding price tag. As of the time ofwriting, MicroBT is offering the M63S at a price ranging between $9,720 and $10,530.

Price$9,720
Release DateOctober 2023
Hash Rate390 TH/s
Power Consumption7,215W
Noise Level50 dB

Buy the WhatsMiner M63S

9. Canaan Avalon Made A1466– An efficient and stable Bitcoin miner from Canaan

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (9)

The Canaan Avalon Made A1466 isCanaan's most profitableBitcoin miner at the time at the moment. With a solid hashrate output of approximately 150 TH/s, it has established itself as a powerful contender in the Bitcoin mining sector. The A1466's power consumption is rated at 3,230 watts, and the miner boasts a power efficiency of 21.5 J/TH.

In a Bitcoin mining landscape primarily dominated by Bitmain and MicroBT, the presence of Canaan's Avalon Made A1466 suggests potential competition catching up. While its efficiency might not currently match that of the leading contenders, the Avalon Made A1466 could still be a worthwile choice if you can secure a good deal for it.

Price$2,150
Release DateSeptember 2023
Hash Rate150TH/s
Power Consumption3,230W
Noise Level75dB

Buy the Canaan Avalon Made A1466

Comparing the top ASIC miners side by side

If you are unsure which ASIC Bitcoin mining machine to pick, you can check the table below, which allows you to quickly compare features, prices, and other characteristics of the miners included on our list.

ManufacturerPriceRelease DateHash RatePower consumptionEfficiency*
Antminer S19j Pro+Bitmain$1,895Dec. 2022122 TH/s3,355 W28 J/TH
Antminer S19 XPBitmain$3,589Jul. 2022141 TH/s3,032 W21 J/TH
WhatsMiner M50SMicroBT$2,055Jul. 2022127 TH/s3,276 W26 J/TH
AntMiner S19 ProBitmain$1,715May. 2020110 TH/s3,245 W30 J/TH
WhatsMiner M30S++MicroBT$1,992Oct. 2020106 TH/s3,392 W33 J/TH
Antminer S19 XP HydBitmain$6,651Oct. 2022255TH/s5,346W21 J/TH
WhatsMiner M63SMicroBT$9,720Oct. 2023390 TH/s7,215W18.5J/TH
Avalon Made A1466Canaan$2,150Sep. 2023150TH/s3,230W21.5J/TH

*A lower number represents higher efficiency.

ASIC miners FAQ

What is an ASIC mining rig?

An ASIC mining rig, or Application-Specific Integrated Circuit mining rig, is a specialized hardware device designed for the sole purpose of mining cryptocurrencies. Unlike general-purpose computers or graphics cards, ASICs are custom-built to perform a single task efficiently, which is solving complex mathematical algorithms required for cryptocurrency mining.

How to build an ASIC mining rig?

Building an ASIC mining rig from scratch involves selecting the right hardware, assembling the components, and installing the operating system and mining software such as CGMiner, BFGMiner, or NiceHash. Building a crypto mining rig can be difficult and requires a great deal of knowledge and experience. If you don’t feel comfortable building your own mining rig, we would highly recommend buying a pre-made machine from a reputable company like Bitmain or MicroBT.

Are ASIC miners profitable?

Whether or not mining Bitcoin with ASIC miners is profitable depends on a number of factors, including the price of Bitcoin, the cost of mining hardware, the cost of electricity, and the difficulty of the Bitcoin network.

At the time of this writing, Bitcoin mining is actually unprofitable when using most miners, leading some people to pose the question, “Is crypto mining dead?” The answer is that it depends. If you are living in an area with high electricity costs, then Bitcoin mining is probably not for you. However, if you have access to cheap electricity, then it can be very profitable.

In the following table, you can examine different scenarios that include different Bitcoin prices and electricity costs so you can conclude for yourself whether Bitcoin mining is profitable for you. For the purposes of this examination, we are going to use the estimated profitability potential of the Bitmain Antminer S19j Pro+, the top-ranking miner on our list.

Bitcoin PriceElectricity CostProfit/DayProfit/Year
Scenario 1$41,600 (current price)$0.08$6.76$2,432
Scenario 2$41,600$0.12$6.72$2,419
Scenario 3$41,600$0.15$4.30$1,549
Scenario 4$41,600$0.20$0.28$100

*Data collected on December 18, 2023.

Can ASIC miners be used for anything else?

ASIC miners are specifically designed for the singular purpose of mining cryptocurrencies and are not versatile like general-purpose computers or processors. They are built with highly specialized hardware tailored to perform the complex calculations required for cryptocurrency mining.

How do ASIC miners work?

ASIC miners work by performing the specialized and intensive computational tasks required for cryptocurrency mining. ASIC miners are highly specialized and dedicated to solving cryptographic puzzles and maintaining the integrity of blockchain networks.

The bottom line

Which ASIC miner is right for you will ultimately depend on your individual needs and budget. If you are looking for the most powerful and efficient miner on the market, the Bitmain Antminer S19 XP Hyd is a good choice. However, it is also the most expensive miner on our list, and probably out of reach for most individuals. If you are looking for a more affordable option, the Bitmain Antminer S19 Pro+ or the MicroBT WhatsMiner M50S are both good choices. They offer a good balance of performance, efficiency, and price.

Long gone are the days when you could mine Bitcoin using your own personal computer with a regular GPU or even just a CPU. Today, you’ll need powerful specialized hardware to mine BTC, and even with that hardware, mining a single Bitcoin can take a lot of time.

If you want to try mining crypto but don’t necessarily have the resources for a Bitcoin mining machine, you can consider mining crypto on your mobile phone.

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex (2024)

FAQs

9 Best ASIC Miners (ASIC Mining Rigs) in 2024 | CoinCodex? ›

In 2024, the block reward will be reduced to 3.125 bitcoin, which is worth around $200,122 as of April 19 at the time of publication. However, since bitcoin mining typically requires expensive hardware and a vast amount of energy, it can be an expensive endeavor.

Is it worth Bitcoin mining in 2024? ›

In 2024, the block reward will be reduced to 3.125 bitcoin, which is worth around $200,122 as of April 19 at the time of publication. However, since bitcoin mining typically requires expensive hardware and a vast amount of energy, it can be an expensive endeavor.

What is the most profitable crypto miner under $1000? ›

The two main profitable ASIC Miners by Goldshell under $1000 each are Mini Doge and CK Box.

Which coin will boom in 2024? ›

In 2024, BONK is anticipated to maintain its upward trajectory, with analysts predicting an average price of $0.000074 for the token. This bullish outlook is supported by continued interest in meme coins, the growing adoption of Solana-based projects, and broader market dynamics.

What will be the next big crypto in 2024? ›

JUP, launched in March 2024, is already up 150% on the monthly. With a $2 billion market cap, JUP can potentially do a 5-8x over the next two years. Dogwifhat (WIF), a memecoin on Solana, has managed to attract new retail users into the popular meme coin space on Solana.

Which crypto is most profitable to mine? ›

Historically, Bitcoin (BTC) has been one of the most lucrative cryptocurrencies to mine due to its high market value. However, other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and Monero (XMR) have also been profitable for miners, depending on market conditions and mining hardware efficiency.

How to make $1000 a month mining crypto? ›

Generating $1000 a month with crypto mining is possible but requires careful research. Options like staking, master nodes, lending, dividends, and Cloud Mining can contribute to your income. Diversify your portfolio and be mindful of associated risks, as with any investment.

What is the fastest ROI crypto miner? ›

The Bitmain Antminer S21 Hyd 335T is the most profitable Bitcoin mining machine currently, followed by the Canaan Avalon Made A1266, and MicroBit Whatsminer M50S. If you want to mine other cryptocurrencies, the Bitmain Antminer KS3, Bitmain Antminer D9, and Bitmain Antminer K7 are all solid choices.

How long do ASIC miners stay profitable? ›

In general, you can expect the latest ASIC miners to last around 5 years to a decade depending on your operating conditions and maintenance. However, with technology advancements, if many new ASIC miners come in the future, the current ASIC may turn obsolete, impacting your profitability.

How much can an ASIC miner make in a month? ›

For example, let's look at the Whatsminer M30S+, a machine which is closest to the Antminer S19 in terms of the ASIC performance. With a hashrate of 100 TH/s at a power consumption of 3400W, the Whatsminer M30S+ can mine about $430/month in profit at our low electricity price*.

Which crypto will boom in 2026? ›

Here are three cryptos with tenfold growth potential by 2026. Ethereum (ETH-USD): Approval of spot ETFs has this crypto rallying hard right now. Bitcoin (BTC-USD): An upcoming halving event could push the largest crypto to new all-time highs.

Is 2024 bullish for crypto? ›

If you're looking for cryptos to buy, it is still not too late. As I've said many times over the past year, the crypto bull run was likely going to kick off in 2024. It's now clear we're in the midst of it, thanks to three key catalysts aligning in crypto's favor.

Which crypto can be mined fast? ›

Monero (XMR) is one of the easiest cryptocurrencies to mine using a home computer. Monero is a privacy-focused crypto based on the CryptoNote protocol and utilizes the RandomX hash function to create increasingly complicated mathematical equations.

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