Best Bitcoin Mining Hardware In 2020 _ Quick Review
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Introducing Top Crypto Hedge Funds In 
The Crypto Market
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The community of 2
enthusiastic coders is 
looking for the best of 
hardware and software 
to try their hand on 
Mining. So, this article of 
crypto space is totally 
dedicated to our 
budding miners and 
miners looking to 
upgrade their 
bitcoin mining hardware
 
systems to mine 
Bitcoins.
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What Is Bitcoin Mining Hardware?
● First thing first, What is Mining? Mining is a process to verify the transaction 
involving Bitcoin, by solving the complex mathematical algorithm and finally 
updating the block in the blockchain. 
● The process is performed by expertise on their highly upgraded systems 
connected to the network involved in verifying the transactions. 
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● In a way, it is actually a process to dig the Bitcoins or introduce them to 
the mainstream. Initially, when Bitcoin was introduced, Mining was a 
simpler task but as the industry started growing and more people 
initiated solving the algorithms, ultra-powerful computers started to 
design for the sole purpose of mining. 
● Presently, the Bitcoin mining process can be performed by dedicated 
miners having Application-Specific Integrated Circuits (ASICs) in their 
systems or upgraded Bitcoin mining hardware.
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Factors To Evaluate Bitcoin Miner Hardware
● If you are thinking of mining Bitcoins, you need to evaluate 
Bitcoin miner hardware before purchasing it and installing it in your system. 
Majorly, three factors need to be considered:
● Power Consumption: Lower the consumption power means fewer bills as 
Mining consumes high electricity.
● Hash Rate: Simply, the number of guesses or number of power ASIC allows a 
miner to solve per second. Higher hash rate, better the chances to verify the 
transaction.
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● Energy Efficiency: It can be calculated as the power required to generate a 
single use of the hash rate. So, you have to maintain a balance of power 
consumption and hash rate to optimize efficiency.
● Thus, you must consider the mentioned factors to calculate the profitability in 
the mining process and not relentlessly drain out your money in mining. Let 
us explore the options of best bitcoin miner 2020 for you.
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Best Bitcoin Mining Hardware In 2020
A wide variety of Bitcoin mining hardware will pop when you enter “
Bitcoin mining hardware ebay” on any search engine. But not every hardware is 
as efficient as the best ones available in the market. Some of the bitcoin mining 
hardware gaining the popularity in Bitcoin space are:
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Bitmain Antminer S9i
● Bitmain has become one of the popular brands for Bitcoin mining hardware 
for its time to time upgrade and that too at affordable prices. Presently, the 
latest product Antminer S9i of Bitmain is accepted widely by the community 
of miners. The product is not meant to burn your pockets and meant to 
provide lower energy consumption with a higher hash rate. With 14TH per 
second hash rate and approximately 1320 W consumption of power, you can 
buy the rig in $500 (which will be recovered soon!)
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Pangolin Whatsminer M3X
● Whatsminer M3X launched by Pangolin is one of the choice of semi-
professional miners and traders seeking for balance between the power 
consumption and price tag of the bitcoin mining hardware. With Whatsminer, 
the hash rate of 12-13TH can be expected which can make you enough profits 
if you are engaged in the mining process diligently. One of the disadvantages 
you must consider is that it produces the humming sound of bees while you 
are involved in the mining process (I mean to say it is noisy!)
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Coin Halong Mining DragonMint T1
● DragonMint T1 launched by Halong Mining is considered as the beast in the 
sector of Bitcoin mining hardware. But the exceptionally high price lowers 
down its popularity among novice miners. 
● But, advanced traders who are continuously involved in digging the coins, 
crave for DragonMint T1 with its 16TH per second hash rate which rarely fails 
you during mining.
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BitFury Tardis
● Bitcoin mining is not limited to single miners but many of the enterprises are 
also meant for the purpose of mining only. So, to fulfill the needs of 
enterprises, BitFury launched the Bitcoin mining hardware called Tardis. If a 
company has sufficient energy resources, then it just needs to complement 
one of the best software with BitFury Tardis to achieve the goals related to 
mining the coins. 
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Avalon6
● Canaan Creative is also one of the significant players in the industry of 
manufacturing Bitcoin mining hardware. With his newly launched highly 
affordable product, Avalon6, it created a hustle in the crypto mining sector. If 
you are enthusiastic to try the mining process but not to pursue it for a longer 
time, then you can spend $250 to purchase Avalon6 which is supposed to 
draw only 1050 W of power while giving a hash rate of 3.5TH per second.
● It can be concluded that the choice of bitcoin mining hardware depends on 
the requirements, financial capability, and aspirations of the user. Thus, you 
must evaluate your needs along with the mentioned factors before 
purchasing any hardware for mining.
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Conclusion
The Bitcoin mining process is a lucrative process and the young coders 
and problem solvers are showing their interest in digging up the coins 
rather than just buying from the regular crypto exchanges. The sector 
not only fulfills the aspirations to receive Bitcoin as rewards but a huge 
community is considering it as the industry for job opportunities. One or 
the other day, software and hardware are being updated by the giants to 
fulfill the needs of Bitcoin miners by providing them maximum hash rate 
with minimum consumption of power.
Sources
https://blog.cryptoknowmics.com/best-bitcoin-mining-hardware-in-
2020/
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