What equipment is best for mining. Mining equipment: the essence of the process and where to start


Mining prospects in 2018 cause a lot of discussion. Some are confident in the low profitability of earnings and the senselessness of spending, while others argue that Bitcoin has not exhausted its possibilities and can still please miners with a high level of earnings. With the growth of the Bitcoin exchange rate, interest in its production increases, and the number of miners increases. As a result, mining difficulty and hardware requirements are growing. The situation is complicated by another factor - a decrease in the fee for a mined block, which in 2018 is 12.5 Bitcoins. Below we will consider how to build a farm for the production of cryptocurrencies, what are the prospects for mining in 2018, and how much you can earn.

What awaits mining in 2018?

An analysis of the prospects for Bitcoin mining leads to the opinion that the profitability of the process is falling. There are several reasons:

  1. Decreased block reward. With the advent of Bitcoin, the premium for a mined block in the blockchain chain was 50 coins. In 2012, the payment to miners halved (to 25 BTC), and four years later (in 2016) it dropped to 12.5 Bitcoins. The next decrease is planned for 2020, when the block reward will be 6.75 Bitcoin.
  2. Increasing the complexity of hashing in the blockchain chain. When analyzing the prospects for mining in 2018, it is worth considering the difficulty criterion. New types of cryptocurrencies are easily mined and do not require the purchase of expensive equipment. The situation is different with Bitcoin. The increase in the rate of virtual coins leads to the emergence of new miners and an increase in the complexity of cryptocurrency mining. In January 2017, this parameter was at the level of 317 gigahashes per second. By the end of the year, the difficulty had increased five times - up to 1.6 Terahesh.
  3. Cost of equipment. Mining requires large investments in the purchase of equipment and the creation of powerful mining farms. But against the backdrop of increasing complexity, the equipment purchased today becomes irrelevant in 5-6 months. When choosing video cards for mining in 2018, you should focus on equipment with a power reserve and the ability to connect additional boards. So, for the arrangement of the farm, 6-12 video cards are required, each of which costs from 200 to 1000 dollars. It is worth adding the cost of buying a processor, power supply, motherboard, frame, cooling fans and other equipment. An important item of expenditure is the payment for electricity. We will dwell on the profitability of mining below.
  4. The need for fixed costs. With the increase in the complexity of Bitcoin mining, the miner is forced to improve the farm and update the equipment. As a result, the cost of the minimum hardware for mining virtual coins is growing. To increase the efficiency of earnings, many abandon the classic farms on video cards and switch to ASIC equipment.

Mining Options


Before choosing hardware for Bitcoin mining, you should decide on the mining method. The options are:
  1. Solo mining- Earn money on your farm. Between 2009 and 2014, this way of earning showed high profitability, but with increasing complexity, the payback period also increased. When purchasing equipment worth tens of thousands of dollars, a network member cannot predict whether he will pay for it or not, and in what time frame. Today, the average payback for solo mining can even be up to 2–3 years, depending on the power of the hardware, cryptocurrency, and other parameters.
  2. Mining in pools. The mining farm in 2018 will give a greater effect if it unites with other members of the cryptocurrency network. A pool is an association of miners who use the available power to mine new blocks. The reward received is divided among all participants. The best Bitcoin mining pools include ZPool, P2Pool, Nanopool and others. As in the previous case, the miner is interested in collecting a powerful farm, because profit depends on the amount of his contribution.
  3. cloud mining. If a network member is not ready to spend money on buying equipment and time on setting it up, there is an alternative - using the services of special services. Cloud mining in 2018 has not yet lost its popularity. A network member uses someone else's power to mine Bitcoin. He is required to select a site, buy the required speed and join the mining of blocks. The resulting premium is divided among the clients. Popular cloud services include HashFlare, GenesisMining, BitMiner and others.

Bitcoin Mining Hardware Options


Cryptocurrency mining is possible using the following equipment:
  1. On hard drives. This method has lost relevance due to the growing complexity of mining. Of the popular models, it is worth highlighting hard drives from the manufacturer Toshiba (DT01ACA, P300 HDWD130UZSVA), Archive HDD ST8000AS0002 and others. The advantages of the method are in saving money on the purchase of expensive equipment, no problems with preparing the farm, ease of setup and accessibility for beginners. Cons - the difficulty of choosing a high-quality hard drive, limited service life and low profitability. This method is relevant for the extraction of new cryptocurrencies, but it will not work for Bitcoin mining in 2018.
  2. Video cards. Mining on the GPU is gradually losing relevance due to the growing complexity of Bitcoin mining and the increase in the cost of purchasing equipment. To mine coins, you will have to buy at least a minimum complex in the amount of 2-3 thousand dollars. In addition, monthly electricity costs reach $100-$120. As a result, the money spent is difficult to recoup.
  3. ASIC equipment. The growing complexity of the network has pushed companies to create new devices that can perform more calculations with minimal power consumption. The disadvantage of ASIC chips is their high cost, which is why many miners refuse to buy them. For example, the ANTMINER S9 model with a speed of 13.5 THz per second and efficiency. 0.098 W/Gh will cost $4900.

How to build a cryptocurrency mining farm in 2018?


Many are interested in how to make cryptocurrency mining profitable in 2018. To begin with, a farm is assembled, after which a network member selects a pool and starts mining. The main difficulty is the search for "iron", which is necessary for the extraction of cryptocurrency. To work, you will need a processor, a video card (6-10 boards are used), a power supply, a motherboard, fans (cooling system) and a hard drive. You also need additional equipment - Riser extenders, with which a group of video cards is connected to the farm. If you have financial opportunities, it is better to immediately buy a complete ASIC farm (we will consider the options below).

Let's single out the minimum set of hardware for mining coins in 2018.

CPU


When choosing, preference is given to processors with high power. Let's highlight a few options:
  1. Intel Core i7 7700K with a frequency of 4.2 GHz for four cores. The TDP power is 91W and the cost is $360.
  2. Intel Pentium G3260, frequency - 3.3 GHz, four cores. Power TDP - 53 watts. Price - 80 dollars.
  3. AMD FX 8350 clocked at 4GHz with a TDP of 125W. The cost is 130 dollars.

Video cards for mining in 2018


Despite the wide range of options, there are not many decent equipment that is suitable for mining. Let's highlight the following options:
  1. Radeon RX 580- a video card with a core frequency of 1340 MHz, a GDDR5 memory type (8 GB) and a frequency of 8000 MHz. The cost is 450–500 dollars.
  2. GIGABYTE GeForce GTX 1080 Ti- a card with a frequency of 1632 MHz, memory type GDDR5X (11 GB) and a frequency of 11448 MHz. The cost is 1075 dollars.
  3. Sapphire Radeon RX 580- a video card with a processor frequency of 1411 MHz, a memory type of GDDR5 (4 GB) and a memory frequency of 7000 MHz. The cost is 400 dollars.
Considering the best graphics cards for mining in 2018, it is also worth mentioning the GTX 1050 TI, AMD Radeon RX (480 or VEG 64), and others.

HDD


In the process of preparing the farm, no less attention is paid to hard drives:
  1. SanDisk Ultra II 960GB $308
  2. Apacer AS340 Panther 240 GB and $95.
  3. Samsung 850 EVO - 250 GB and $120.

Optional equipment


Above, we looked at the best processors, hard drives and cards for mining in 2018. But to collect the farm it is worth buying:
  1. Frame. The base is made of wood or aluminium. When installing, it is important to ensure that there is a distance between the equipment in order to avoid overheating. In terms of price, a wooden structure costs $20–$25, while a metal structure costs $50–60.
  2. RAM (from four gigabytes or more). When installing from six video cards, you will need 8 GB of memory. So it is possible to avoid delays in the extraction of virtual coins under heavy loads.
  3. Motherboard. During the purchase process, it is important to pay attention to the number of connectors for connecting the GPU. Optimal solutions - GIGABYTE GA-Z270-Gaming K3, MSI B250M PRO-VD 1151 or B250 GAMING M3. The cost of equipment is in the range of 100-150 dollars.
  4. Feed block. When choosing, you should take into account the power of video cards, motherboard and other equipment. It is important to make a purchase with a margin of 15–20% on this parameter.
  5. Raiser. An option is x1-x16 PCI-E USB 3.0 adapters, with which you can connect as many video cards for mining in 2018 to the motherboard as you need.
Additional purchases include the purchase of cables and controllers.

Creating a farm for mining Bitcoin in 2018 - a step-by-step algorithm and cost


Algorithm for creating a farm for mining:
  1. Search and purchase of equipment.
  2. Making or buying a base for mounting.
  3. Switching assembly with PC.
  4. Selecting a pool and connecting to it.
  5. The start of mining.
The relevance of mining in 2018 should be determined taking into account the cost of buying hardware. The assembled mid-level farm will result in an amount of about one hundred thousand rubles. For the extraction of Bitcoins in 2018, such equipment is ineffective, because it will take several years to pay off, taking into account the cost of electricity. Such a farm is better to use for mining Zcash or Ethereum.

It is also worth mentioning ready-made farms that can be purchased, installed immediately and start mining. For example, a device for 6 NVIDIA GEFORCE GTX 1060 6GB video cards costs about $ 3,000, but its payback in 2018 with an increase in the total number of miners and an increase in the complexity of cryptocurrency mining is falling every day.

How to mine Bitcoin with ASIC chips?


For Bitcoin mining, renting the capacity of cloud services or buying equipment on ASIC chips is more suitable. With it, you can quickly pay off and get a net profit. When choosing equipment, attention is paid to the speed of production and power consumption.

The most demanded option is Asic Bitmain Antminer S9. His work is based on the SHA-256 algorithm. The product consumes 1.3 kW, its dimensions are 35x13.5x15.8 cm, and its weight is 5.5 kg. Speed ​​- 13.5 TH/s Equipment cost - 4.9 thousand dollars. Monthly earnings, according to the latest data, in 2018 will be 0.285 BTC per month and 3.36 BTC (Bitcoin) per year. The payback will directly depend on the rate of the cryptocurrency.

Mining forecast for 2018


Bitcoin mining on hard drives and video cards has lost its relevance. ASIC equipment and cloud mining come to the fore, with which you can still mine Bitcoin. The mining forecast in 2018 is more favorable for new coins, the extraction of which does not require large capacities, and the complexity has not reached peak values.

When choosing hardware, it is important to consider the following recommendations:

  1. Take equipment with a reserve of power. With a different approach, in 6-8 months it risks turning into a pile of rubbish.
  2. When buying video cards for mining in 2018, use the tables that indicate the parameters of the models (primarily hashrate and power consumption).
  3. Look for pools that offer favorable conditions for mining.
And most importantly - carefully approach the choice of cryptocurrency. Sometimes it’s easier to get new coins and then exchange them for Bitcoin than to spend money on expensive equipment and hope for a quick payback.

ASIC or graphics card in 2018? Answers in the next video:

Hello everyone, I wanted to replenish the section for beginners with a new article, since everyone is wondering what is needed for mining, I decided to paint, of course, for 2019. The article will describe what is needed as well as links to detailed settings.

Naturally, you need to decide what kind of mining you need, I divide it into 2 categories:

1. Mining on your equipment (requires the cost of iron, electricity, some knowledge, monitoring, coolness)

2. Cloud mining (requires the cost of renting power)

We will start with the first part, which is mining on your own hardware. What do you need to mine cryptocurrency?

Naturally, their equipment, here is also a division into 2 parts

Mining on video cards and mining with ASICs. The second option is less profitable for several reasons. We will start with GPU mining. Now you need to decide what you want, whether to mine on your computer or collect a farm, let's start with a farm.

What you need for a mining farm - a farm is basically the same computer, only it has more video cards from two or more, and a special case is made for it, which you can do yourself and here we need to decide on the components and hardware. Farm example

To begin with, you need to decide on the main thing - how many video cards you need for mining, the more and the more powerful the video card, the more earnings per month and naturally more power - and at the same time more electricity costs - so here you need to find the best option.

What video cards are needed for mining - in 2017 I would advise several optimal options, if from Nvidia then 1070 (in extreme cases 1080 ti) if you take a solution from AMD radeon then 580, 470, 480. Z why do you need video cards for mining? - They perform basic computing role on popular algorithms.

What motherboard is needed for mining a - it depends on how many video cards you decide to install, the most optimal solution is for 4 video cards, there are fewer problems and glitches, you can have more and 5 and 6 and even 7, but here you can encounter difficulties, when choosing a motherboard you need to pay attention attention to the number of PCI express slots, namely "PCI express "You can both x1 and x16, then select raisers for them, how many video cards, as many raisers, raisers are like extensions from the motherboard to video cards, so that everything is conveniently located. Many people ask how much video memory is needed for mining , for mining any currency other than ether, any amount is possible, but from the above cards, on ether this year you need at least 3 gigabytes of video memory. Further:

What processor is needed for mining , any 2-core cheapest processor will do, the same celeron, the main thing is that it fits the socket to your motherboard, it is better to take a box cooler for it, that is, native, since they are more reliable.

How much RAM do you need for mining - 4 gigabytes is enough for comfortable mining, bus speed and frequency are not important, just one bar or two is not important. And of course, more is possible.

What hard drive and how much memory is needed for mining - a normal HDD is also suitable, but of course an SSD is better than? firstly, it will be faster to load and restart the computer, it will consume less energy, at a price, if you take 60 gigabytes, then it costs the same as a 500 gigabyte regular one, but we have 60 gigabytes per eye for mining.

What power supply is needed for mining - this question is also important, since the stability of the operation of video cards and their technical safety depend on the block, the block must be taken at least with a certificate of 80+ bronze and higher, so that all the current is in one twelve volt line than more amps the better (12v1), the power of the block you need depends on the type and number of video cards, for example, for 4x rx 570 or 470 video cards, you need a block either at 1000 watt with a bronze certificate, or at 850 but with a gold certificate.

Mining requires internet! Naturally, to work with the algorithm network, what Internet speed is needed for mining - 2 - 3 mb/s is enough and you need to have a small ping, mining through a 3g / 4g modem is also possible if the network catches well. Example, I have 3 farms in the garage working through a router that feeds a 4g modem, everything is ok.

And it remains to assemble the case, before setting it up, the case is made very simply from wooden slats, as you saw in the picture, everything is simple, I will soon make a detailed article on how to assemble the case.

What programs are needed for mining - software is an important point, for starters, I advise everyone to build farms on Windows 7 x64, especially if you have frames up to 5 video cards, it has the least problems with it, and it is the 64 bit version. You will also need drivers for the video card, which is basically a standard, as well as a program for overclocking and controlling the video card, while I advise MSI affterburner, so if you have a farm purely for mining, then you need to manage it from another computer, laptop or phone, via the Internet, the TeamViever program and the miner itself, which needs to be configured for mining, are well suited for this, more details on how to configure the miner by reference -. I must say right away that altcoins are mined on video cards, and this is very profitable, but if you want to mine bitcoins, then read -.

You also need to register on the exchanges where you will store mined coins:

The main criterion for choosing equipment for mining is the payback period. In 2018, this issue became especially acute due to the fall in the Bitcoin exchange rate: the price of a mistake became very high. This article will help you figure out where it is better to mine Bitcoins today and what devices you should choose in order to quickly recoup your costs.

To understand how the farm for cryptocurrencies works, it is worth delving into the features of the technology. The Bitcoin protocol is based on the following concepts:

Figure 1. General scheme for storing blocks with transactions in Bitcoin. Each new block contains a link to the previous one.

To agree on the order in which transactions and blocks will go, network participants use a consensus mechanism. In the case of Bitcoin, it was called "Proof-of-Work" (PoW), which can be translated as "proof of work." The nodes involved in verifying transactions compete to create a new block in exchange for a Bitcoin reward. To do this, they spend computing resources on solving the problem of selecting a random number - a hash. Whoever finds a hash with a certain number of zeros first will become the creator of the next block.

So, mining is the process of creating new blocks in exchange for a reward. The more computing resources a miner owns, the higher his chance of receiving a reward.

The probability of creating a new block by an individual network member is extremely low. In order to receive a stable profit, equipment owners began to unite in groups -. As a result, mining was divided into 2 types:


Figure 2. The share of each pool in the total volume of mined blocks (August 2018)

The concept of cloud mining stands apart. It is assumed that the user rents resources from a third-party company and uses them to mine cryptocurrency. In practice, financial pyramids are usually hidden behind such a scheme.

Bitcoin Mining Equipment

Since the advent of Bitcoin, 4 types of devices have been used for mining:

  • Processors (CPUs). Powerful CPUs from Intel and AMD were minable only in the early days of Bitcoin.
  • Video cards (GPU). Working more efficiently than the CPU, they have long allowed private miners to make good profits. It was most profitable to mine Bitcoins on a farm consisting of 4-8 video cards.
  • FPGA - programmable microcircuits. They were expensive, but brought a good profit to the owners. Over time, they were supplanted by faster ASIC chips.
  • ASIC miners (ASICs). Devices designed to mine a specific cryptocurrency or a group of cryptocurrencies using the same hashing algorithm.

"ASIC" is the designation of a microcircuit, while an ASIC miner is a ready-made device containing the mentioned microcircuit, memory and network interfaces. In practice, the word "asik" in the crypto world refers to a device for mining, so in colloquial speech there is no difference between the listed concepts.

The question of choosing a GPU or ASIC for Bitcoin mining has remained in the distant past: today, bitcoins can be profitably mined only on ASICs. A farm on video cards will bring a loss even at a high price of Bitcoin. GPUs consume too much electricity and cannot compete with more efficient ASICs. For mining on video cards, you should choose other cryptocurrencies - Ethereum, ZCash or Ethereum Classic.

The fundamental difference between GPU and ASIC

The main difference between GPU and ASIC is the purpose of the device. Video cards, originally designed for displaying images, can solve a wide range of computing problems. They work with different hashing algorithms and allow you to transfer power to the mining of the cryptocurrency that is more profitable to mine at the moment.

ASIC miners are designed to work with a single algorithm. Asik for bitcoin mining will be useless when working with or Dash. Equipment that has lost its relevance cannot be adapted to solve new problems.

Figure 4. Asik with a connected power supply

If a video card can only work as part of a computer or a farm, then an ASIC is a ready-made machine for mining. A computer may be required only for initial setup, and if you have a Wi-Fi router, a smartphone is enough for this. The only thing you have to buy extra is an external power supply.

The following table will help you understand the differences between GPUs and ASICs that users encounter in practice.

video card

ASIC

Works with different cryptocurrencies

Supports only one algorithm

Can be bought from a shop nearby

Need to order from abroad (usually in China)

Manufacturer's warranty, you can repair or change the board

Manufacturer's warranty in China, in practice almost does not work

The complexity of assembling a finished farm

Working with ASICs is much easier

Old GPUs can be sold to gamers on an classifieds site

Old ASICs will not interest anyone

How to choose mining equipment

While buying an ASIC is a riskier investment, it is by far the best bitcoin mining hardware available today. It is possible to mine coins on the GPU for the sake of getting to know the technology, but even the fastest graphics card, such as the GeForce GTX 1080Ti, is guaranteed to make a loss.

To start mining bitcoins on asics, the user will need:

  • ASIC miner;
  • power unit;
  • router to connect the device to the internet.

ASIC selection

When choosing an ASIC miner, you should focus on 2 key parameters:

  • Hashrate or speed. It is determined by the number of hashes that the device can sort out in 1 second. The larger this value, the faster the ASIC works.
  • Power. Measured in watts (W). Allows you to estimate the consumption of electricity and choose the right power supply.

Knowing these parameters, the miner can accurately determine the cost of ASIC, power supply and electricity bills. As a result, you can calculate the payback period - the main parameter that determines the purchase of a particular device.

When choosing ASIC equipment for mining, you should consider only the latest models. Outdated devices almost never pay off because they consume too much electricity. Newer models are more expensive, but offer a much better chance of making a profit.

Selecting a power supply

Previously, miners actively used ordinary PC power supplies to work with ASICs. Modern ASICs over 1 kW require a more reliable power supply. The necessary parameters are provided only by specialized power supplies, which can be divided into 2 categories:


Figure 5. Bitmain APW5 power supply

We list the main characteristics that you need to look at when choosing a power supply.

  • Power. Theoretically, it should be equal to the power of the ASIC miner. In practice, you should choose a PSU with a margin: this will extend the life of the equipment and avoid problems with voltage drops.
  • Connectors. Should be the same as on the selected ASIC model.
  • Manufacturer. It is advisable to choose time-tested brands - Bitmain, Dell, IBM, HP.
  • Price. It is important that the savings are reasonable, since choosing a cheap PSU at the expense of quality can lead to equipment failure.

Energy costs and payback calculation

In addition to the cost of equipment, when calculating the payback period, you need to take into account the cost of electricity. The price of 1 kWh of electricity depends on the region and the selected tariff. The most reliable source of data is a receipt for payment of utilities, in which you can see the cost of the unit of account in the daytime and at night. For example, for Moscow, the cost of a kWh is approximately $0.09.

Kilowatt and kilowatt-hour are not the same thing, but in the case of mining, this difference is not fundamental. Since the equipment is constantly running, the power and the amount of energy can be equated. Example: A 1200 W ASIC will consume 1.2 kWh of electricity.

  • price, power and hash rate of the ASIC miner;
  • the cost of the power supply;
  • electricity tariff.

To begin with, you should calculate the profitability of mining without taking into account the cost of equipment. This is easy to do with an online calculator like What To Mine. To calculate, it is enough to enter the ASIC hashrate, its power and the cost of electricity. To find out the payback period, it remains to divide the cost of the equipment by the daily profit (profit).

Example: PSU and ASIC cost $600 and bring $2 per day. In this case, the payback period will be 600 / 2 = 300 days.

Best Bitcoin Mining ASICs 2018

A user who decides to buy an ASIC for mining is faced with a wide variety of models on sale. In reality, there are not so many actual devices: only the latest models are able to reach payback and bring profit to their owner. Consider the best options for buying in 2018.

Note that at the current cost of Bitcoin ($6,900), all the presented models will work on the verge of profitability. The current market situation is borderline for miners, most of which, at best, work “to zero”. Although the payback period is too long today, it is convenient to use it to compare popular ASICs with each other.

The tariff for Moscow was used in the calculations ($0.09 per kWh). This did not take into account the cost of the power supply, which will cost the user another $ 100 - 200, depending on the power.

Bitmain Antminer S9i


Figure 6. Antminer S9i

One of the most popular ASICs of 2018. Provides the fastest payback of any device on the market. Differs in the compact sizes and simplicity of installation.

With the current mining difficulty, Antminer S9i will bring in $24 in 1 month. Thus, the payback period will exceed 1 year and 5 months.

Canaan Avalon Miner 841


Figure 7. AvalonMiner 841

According to its characteristics, AvalonMiner 841 is very similar to Antminer S9i, but in terms of price / quality ratio it still lags behind its competitor.

Using AvalonMiner 841, the user will be able to earn $21.9 per month. As a result, the payback period will be more than 1 year and 7 months. The choice of AvalonMiner 841 is justified only if the more profitable Antminer is not available from the manufacturer.

Bitmain Antminer S9-Hydro


Figure 8. Antminer S9-Hydro

The latest ASIC from Bitmain, introduced in August 2018. This model is the first to use water cooling. As follows from the press release, the novelty is primarily intended for owners of large industrial farms. The manufacturer claims that heated water is convenient to use for space heating.

Monthly income - $ 27.6 at the current BTC rate. However, the price of this model is still too high, which is why the payback period is 2 years and 4 months, which is more than when using the Antminer S9i. In this case, the user will have to buy a more powerful and expensive power supply.

Table: comparison of the best ASICs of 2018

Hashrate

Power

Price

Payback period

14.5TH/s

$415

17 months

$425

19 months

18TH/s

$780

28 months

In 2018, Antminer S9i is the best choice for those who want to buy a Bitcoin miner and hope to profit from the price growth.

How to set up an ASIC

The process of installing and configuring an ASIC miner is almost the same for all popular models. To start bitcoin mining, you need to follow the following steps.

  1. Connect the power supply to the ASIC miner.
  2. Plug in the PSU. The device will give the first signs of life and turn on the fan.
  3. Connect the Ethernet port on the ASIC to the LAN port on the router connected to the Internet.
  4. Go to the control panel of the router and find the IP address belonging to the ASIC.
  5. Enter this IP address in the browser of a computer or smartphone connected to the same router. The web interface for ASIC management will open.
  6. Register on the site of the pool with which the ASIC works (for example, on the Bitmain site).
  7. Enter the data received during registration into the web interface.

Conclusion

Today, only ASIC miners are used to mine Bitcoin. In this case, the user will need not only to buy a Bitcoin miner, but also to choose a suitable power supply for it.

To choose the best device, you need to calculate its payback period. You should not trust the numbers found on the Internet: information quickly becomes outdated, and a change in the BTC rate by 30-40% will make the old calculations meaningless. Use online calculators: they allow you to quickly calculate the payback period of any device.

If you are serious about earning Bitcoin and you do not want to face the potential danger associated with it, then you have only one thing to do: invest in a Bitcoin mining machine.

There are special computers, the main and only purpose of which is to earn the maximum possible number of bitcoins.

Intrigued? Today I want to present you a list of 5 platforms that are already available for purchase. However, you need to count your savings first!

1. Fast Hash One

Fast-Hash One series is 3 machines for earning Bitcoin: versions Silver, Gold and Platinum. These are 19-inch Bitcoin machines, the difference between which lies in the ability to expand and the power of the installed modules. All three machines are equipped with one earning module, but the possibilities allow you to increase them to 6.

The Silver version is equipped with a 64GH/s module and allows you to increase the power up to 384GH/s. The Gold version comes with a 128GH/s module and is expandable up to 768GH/s. The Platinum version is equipped with a 256GH/s module, and it is possible to increase the power up to 1.536TH/s. In general, if you get to maximum power, these machines will allow you to get to mining from 0.2 to 0.85 bitcoins per day.

While the Silver version does not support Expansion Packs, the Gold and Platinum versions support up to 6 Expansion Packs, where each pack is capable of holding up to 16 modules, allowing for a greater degree of power. Fast-Hash One machines are available on pre-order.

Price: 2.499$-5.999$

2. CoinTerra TerraMiner IV

CoinTerra’s TerraMiner IV is CoinTerra’s water-cooled bitcoin mining machine, which is equipped with ASIC chips, GoldStrike I. TerraMiner IV is made using 28nm process technology, and comes with a 4U add-on with a power supply, which is considered a rarity in Bitcoin mining circles.

TerraMiner IV is equipped with 4 ASIC chips, each of which delivers up to 500GH/s, which means that the total power of TerraMiner IV is 2TH/s. At the moment, earning Bitcoin is quite difficult, and this system will allow you to mine up to 1.1 bitcoins per day. CoinTerra also claims that TerraMiner IV is efficient in terms of energy consumption, although these claims have not yet been backed up by any statistics or evidence.

The April delivery of TerraMiner IV is already open for pre-order.

Price: $5,999

3. Hashfast Sierra

Sierra by Hashfast is a water-cooled, high power bitcoin mining machine. The performance of the machine is based on Golden Nonce ASIC chips. The machine is housed in a 4U rackmount case and comes with two built-in Seasonic power supplies.

Sierra offers a nominal rate of 1.2TH/s, which gives approximately 0.66 bitcoins per day. However, it should be noted that the Sierra does not have a built-in controller, so you will have to connect the machine to the main control center via USB. The control point can be anything with the CGminer software installed.

Hashfast Sierra can be ordered in advance.

Price: 6.300$

4. Black Arrow Prospero X-3

The Black Arrow Prospero X-3 is equipped with 20 Black Arrow Minion ASICs embedded in a 19" rackmount case. ASIC Minion chips are based on 28nm process technology. The Prospero X-3 is also equipped with an LCD screen that displays statistics and diagnostics.

This configuration of Prospero X-3 allows you to get power up to 2TH / s, which Mains up to 1.1 bitcoins per day. The system also supports the lightweight Stratum protocol.

You can already pre-order the Prospero X-3.

Price: 6,999$

5. KnCMiner Neptune

KnCMiner Neptune can be said to be the great-grandfather of Bitcoin mining machines. Neptune is 4 modular 20nm ASIC boards designed so that the machine will continue to run even if one or more of the boards fails. Neptune inherited a lot from the previous system, Jupiter, which was based on 28nm process technology.

Neptune allows you to achieve a minimum power equal to 3TH / s, which in terms of mining gives up to 1.66 bitcoins per day. This is a pretty solid Jupiter upgrade, which allowed you to earn only 0.6 bitcoins per day. KnCMiner also says that they plan to increase the capacity in the near future, so it may end up that the miners will get their hands on more powerful systems.

The pre-order for KnCMiner Neptune is currently open. Party limited to 1200 units.

With the advent of new ways of earning, work technologies are changing and appearing. The same applies to cryptocurrency mining. You can approach it with savings and do it yourself, but it’s more efficient to buy bitcoin mining equipment. A more professional approach to business will increase the efficiency of the mining process itself, because cryptocurrency mining allows you to consistently make a profit. The acquisition of special tools will allow non-professionals to do mining on a computer.

A couple of years ago, they earned virtual coins in this way on a home PC. During the time of entrepreneurs, a huge number appeared around the world. Which contributed to the increased requirements for a PC that processes arrays. The minimum set of mining elements will cost at least several thousand dollars. There is no point in trying to make money on a weak processor.

Used to create a cryptocurrency mining farm:

  • video card farm (This requires powerful video cards from branded manufacturers. When creating a farm, you need at least fifteen of them. The most popular and suitable are models from Nvidia and motherboards specially created for video cards. For example, MSI Z170A Gaming Pro Carbon is considered one one of the most powerful in this environment. It is designed for the simultaneous connection of seven video cards. Elements of the chain during mining show their performance. In special forums, you can sometimes find a description of the ideal combination);
  • Bitcoin-miner Asic (This is such a specially designed equipment designed specifically for the purpose of cryptocurrency mining. Suitable for beginners in this business, the user only needs to configure. The equipment process system contains special algorithms that allow you to increase the hashrate and stabilize energy efficiency. Best for 2018);
  • compilation of equipment (This method involves the use of special equipment, along with video cards, processors and motherboards. Such a bundle will not be cheap, but with the right settings, it will pay off quickly. Do not forget about cooling devices. Both a few ordinary coolers and special, industrial fans).

Gallery "Types of farms"

1. Several graphics cards with a cooling system

2. Block of video cards

It is possible to use cloud mining. It will be cheaper and more stable. Many choose it because of the cost. But it is logical that the effectiveness of this approach will be much lower than when using your own personal farm.

Issue price

On average, the initial cost of the entire activity kit starts at a thousand dollars. But such a budget is ineffective, so it is unlikely to be able to pay for itself over a period of time. In this area, the amount of earnings directly depends on the amount of invested funds. The more devices will be bought and the more expensive, the higher the chance to earn. Unfortunately, compared to Western entrepreneurs, prices for components for Russian citizens are quite high.

Average cost of components:

  • powerful video cards (from $150);
  • Miner ASIC (from $900);
  • processor (from $300).

For those who have a limited budget, it is proposed to purchase used equipment as an option. In addition, it is worth paying attention to homemade earning tools. For our people, inventing something with their own hands has never been a problem. Therefore, as an option, you can buy homemade equipment. Of course, in this case, the question remains about the reliability and effectiveness of this option (the author of the video is Ella Savorskaja).

Prospects for increasing crypto capital

Those who mine cryptocurrency have the opportunity to increase their capital. The price of one bitcoin is growing every month. She brought in a thousand dollars. It is logical that further the price will be higher. Therefore, it makes sense to keep funds in this currency. According to a Chinese manager who runs a bitcoin mining farm, he keeps fifty percent of his capital in cryptocurrency.

Homemade equipment options

Homemade equipment is often called Asik, developers from Russia who make them with their hands, equip and program the devices. First of all, integrated computing and processing systems are built in, programmable chips, cooling systems and other components are built in. At the moment, there are entire specialized forums. Thanks to them, a person who has an idea about programming and radio electronics will be able to assemble his device.

Video "Mining Farm"

This video shows a homemade mining farm cryptocurrencies (video filmed and published by Web Invest channel).