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

by World News Crypto
May 16, 2023
in Mining
Reading Time: 5 mins read
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18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed – Mining Bitcoin News
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In accordance with statistics from mid-Could 2023, 18 completely different application-specific built-in circuit (ASIC) bitcoin mining units are worthwhile utilizing right now’s bitcoin change charges. Moreover, the highest bitcoin mining machines right now are made by three outstanding ASIC producers, as fabrication competitors nowadays is restricted.

18 ASICs Revenue With Electrical energy Prices at $0.12 per kWh and Right this moment’s Bitcoin Alternate Charges

The typical hashrate of the Bitcoin blockchain over the past 2,016 blocks stands at roughly 353.9 exahash per second (EH/s) at current. In a formidable feat this month, on Could 2, 2023, at block peak 787,895, the community reached an unprecedented peak of 491.15 EH/s. In the meantime, the worth of bitcoin (BTC) has been steadily hovering barely under the $27K mark. Actual-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 highest six most worthwhile bitcoin mining rigs in accordance with asicminervalue.com.

Given the current worth of BTC and the fast surge in hashrate, one would possibly count on a large number of ASIC producers to be actively crafting superior mining rigs in 2023. Surprisingly, nevertheless, the panorama is dominated by simply three outstanding ASIC fabricators solely 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 highest three most outstanding bitcoin mining rig producers in 2023.

The Prime 6 Most Worthwhile ASIC Bitcoin Miners on the Market in 2023

The highest bitcoin mining rig is the Bitmain Antminer S19 XP Hydro, boasting a hashrate of 255 terahash per second (TH/s). With its institution courting again to 2013, Bitmain has cemented its presence within the business through the years, manufacturing 10 out of right now’s prime 18 ASIC miners. Bearing in mind present BTC change charges, information reveals that the S19 XP Hydro yields an estimated day by day revenue of roughly $9.29, factoring in an electrical energy price 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 because the second most profitable ASIC rig. The S19 XP rakes in an estimated day by 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 because the third most worthwhile bitcoin miner within the present market. Projections recommend that the M56S yields a day by 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 Professional produces a hashrate of 136 TH/s, whereas the Antminer S19 Professional+ Hydro clocks in at 198 TH/s. These two miners are estimated to generate a day by 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 units show to be worthwhile. Nonetheless, if the electrical energy charge drops under $0.12 per kWh, a broader vary of machines with decrease terahash outputs develop into financially viable.

Whereas the worldwide common electrical energy charge hovers round $0.14 per kWh, there’s an honest quantity of nations, 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 units, Avalon, Avalon Made, Bitcoin mining, Bitmain, Canaan, day by day revenue, Electrical energy prices, electrical energy charges, world electrical energy charges, hashrate surge, Producers, Microbt, Profitability, terahash output, prime producers, Whatsminer

What are your ideas on the present panorama of Bitcoin mining and the dominance of some main producers? Share your insights and opinions within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency group 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 Information concerning the disruptive protocols rising right now.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.

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