ASICs for mining cryptocurrencies: the best ASIC miners, comparison of ASICs, calculating profitability and payback


ASIC miner is a device designed for mining cryptocurrencies, that is, performing complex calculations in order to find a specific value. When cryptocurrencies first appeared, anyone could mine using only their own computer. But today the complexity of calculations has increased so much (if we talk about bitcoin) that you cannot do without specialized equipment.

The editorial office offers an overview of the functionality of ASIC miners and current models.

asik miner

Video review of connecting and configuring the popular Antminer S17 ASIC from Bitmain:

Comparison of ASIC miners from different manufacturers

Here is a comparison of various ASIC models for mining cryptocurrencies using SHA-256, ETHASH, X11, Equihash, Scrypt, Lyra2REv2 algorithms.

The best ASIC miners for mining bitcoin on the SHA-256 algorithm

Comparison of popular ASICs for Bitcoin mining on SHA-256, based on their main characteristics:

ManufacturerModelHashrateEnergy consumptionWeightEstimated cost for 2020 (manufacturer’s price)
BitmainAntminer S1995 Th/s3250 W16,5 kg1964
BitmainAntminer S19 Pro110 Th/s3250 W15,5 kg$2633
BitmainAntminer S17+73 Th/s3000 W9,5 kg$1700
BitmainAntminer S17 Pro50 Th/s1975 W9,5 kg$1990
BitmainAntminer T1758 Th/s2900 W12 kg$762
BitmainAntminer S913.5 Th/s1350 W4,2 kg$90
InnosiliconT3+50T50 Th/s3100 W10,0 kg$900
InnosiliconT3+Pro67 Th/s3000 W13,5 kg$2000
InnosiliconT3+Pro 67T67 Th/s3300 W13,53 kg$1999
InnosiliconT3+57T BTC Miner57 Th/s3300 W12,3 kg$1666
StrongUSTU-U846 Th2100 W8,2 kg$1900
MicroBTWhatsminer M10S55 Th3500 W10,7 kg$550
MicroBTWhatsminer M20S68 Th3268 W10,5 kg$990
MicroBTWhatsminer M30S86 Th3360 W12,5 kg$1250
CanaanAvalon 116668 TH/s3200 W12,8 kg$2100
EbangEBIT E10.616 TH/s1760 W7.7 kg$590
EbangEBIT E11++44 Th/s1980 W
EbangEBIT E1244 Th/s1980 W10.5 kg$1930
EbangEBIT E12+50 Th/s2250 W10 kg
ASICminer8 Nano S 58Th58 Th/s2500 W27 kg$990
CanaanAvalon 102634 Th/s2200 W7.9 kg$700
CanaanAvalon 104743 Th/s2600 W7.9 kg$1040
CanaanAvalon 106650 Th/s3250 W9 kg$900
CanaanAvalon 114656 Th/s3192 W11.4 kg$1550

ASIC miners for mining on the ETHASH algorithm (Ethereum)

ManufacturerModelHashrateEnergy consumptionWeightCost for 2020 (manufacturer’s price)
InnosiliconA10 ETHMaster (500Mh)500 Mh/s750 W8,1 kg$3000
InnosiliconA10 Pro ETH Miner500 Mh/s750 W8,1 kg$3000
BitmainAntminer E3 (190Mh)190 Mh/s760 W10,5 kg$700
PandaMinerB3 Pro (8G)230 Mh/s1250 W13,0 kg$2337

Asic miners for mining on the X11 algorithm (Dash)

ManufacturerModelHashrateEnergy consumptionWeightCost for 2020 (manufacturer’s price)
StrongUSTU-U6440 Gh/s2200 W7,2 kg$1166
FusionSiliconX7 Miner262 Gh/s1420 W4,8 kg$940
BaikalMini Miner150 Mh/s50 W0,475 kg$375.48

Asic miners for mining on the Equihash algorithm (Zcash)

ManufacturerModelHashrateEnergy consumptionWeightCost for 2020 (manufacturer’s price)
BitmainAntminer Z11135 ksol/s1418 W5,4 kg$1608
InnosiliconA9++140 ksol/s1550 W11 kg$1845
ASICminerZeon 180K180 ksol/s2200 W27 kg$17200

ASIC miners for mining on the Scrypt algorithm (Litecoin)

ManufacturerModelHashrateEnergy consumptionWeightCost for 2020 (manufacturer’s price)
InnosiliconA4+ LTCMaster620 Mh/s750 W4,2 kg$1140
InnosiliconA4 Dominator280 Mhs/unit1050 W9.2 kg$1600
BitmainAntminer L3+ (504Mh)504 Mh/s800 W4.4 kg$475

ASIC miners for mining on the Lyra2REv2 algorithm (Verge)

ManufacturerModelHashrateEnergy consumptionWeightCost for 2020 (manufacturer’s price)
DayunZig M12.611 Gh/s784 W5,8 kg$1700
FusionSiliconX1 Mine12.96 Gh/s1110 W4.3 kg$1670
DayunZig Z1 Pro13 Gh/s1500 W$1249

Choosing an ASIC miner

The choice of a specific ASIC miner model for purchase depends on the individual circumstances of the future owner. Someone wants to buy one ASIC and put it in a free room at home or on a balcony; and someone has a whole room like a warehouse or garage, where you can arrange a full-fledged mining farm. When choosing equipment, all key characteristics are taken into account – hash rate, electricity consumption, as well as noise level and required cooling. For the calculation, it is better to use special calculators to calculate the profitability of mining.

Best ASICs for mining in 2022

Best ASICs for mining in 2022

According to the mining calculator, the best ASICs for mining cryptocurrencies as of 17/04/2020 are (sorting by algorithms):


Asik Bitmain Antminer S17

ASIC Bitmain Antminer S17

Hashrate: 56 Th / s

Consumption: 2520 W

The Antminer S17 is powered by the second generation BM1397 chip, which was used back in the S15. But compared to its predecessor, this miner shows a much higher hash rate – about twice as fast. This suggests that the Bitmain team has made significant technological improvements to this model.

The power supply is included in the device, you do not need to buy it separately. Asik in normal mode consumes from 2094 to 2568 watts per hour, but this figure can increase with an increase in ambient temperature – a lot of power is required by fans. Therefore, it is recommended to create optimal temperature conditions, ensuring a cool climate.

Asik Bitmain Antminer S19

ASIC Bitmain Antminer S19

Hashrate: 95 Th / s

Consumption: 3250 W

The main feature of the new series is the combination of the highest power and excellent energy efficiency, which is relevant now, when the price of BTC is far from being at a high level. Halving is coming soon, and many believe that the release of the new model from Bitmain came in handy. The weight of the device is 16.5 kg, there are four fans inside, a power supply.

It is worth noting that all the primary stocks of the model were sold out one day in advance, although deliveries are only planned on May 11, 2020. The same can be said for the Bitmain Antminer S19 version with a hash rate of 110 Th / s.

ASIC MicroBT Whatsminer M30S

ASIC MicroBT Whatsminer M30S

Hashrate: 86 TH / s

Consumption: 3344 W

Asik shows one of the most optimal power consumption schemes in the industry, as well as high stability of operation – fluctuations in temperature and hashrate are minimal. Compared to previous versions of MicroBT Whatsminer, this device is more compact and lightweight, making it easier to operate.

The MicroBT Whatsminer M30S is manufactured in 8nm technology, while competing products from the same period were manufactured in 7nm. One way or another, tests showed an efficiency 18% higher than that of the Antminer S17.

Asik Innosilicon T3 + 52T

ASIC Innosilicon T3 + 52T

Hashrate: 52 TH / s

Consumption: 2800 W

At the time of release, the Innosilicon T3 + was the first miner capable of overclocking to 52TH / s and consuming only 2800 watts per hour. Thus, he set a record for energy efficiency, and is still able to give an edge in mining. The latest technologies have been used in production, including dynamic frequency scaling, and the device is equipped with an additional cooling system for increased reliability and performance.

ASIC ASICminer 8 Nano S 58T

ASIC ASICminer 8 Nano S 58T

Hashrate: 58 TH / s

Consumption: 2500 W

Highly efficient and economical ASIC miner with low noise level. Efficient cooling system (closed loop water cooling). Differs in maximum ease of assembly and installation, almost completely ready to use out of the box. It has a rather large weight – 27 kg.


Asik Innosilicon A10 ETHMaster

ASIC Innosilicon A10 ETHMaster

Hashrate: 500 MH / s

Consumption: 750 W

The “GPU mining killer”, the powerful A10 ETHMaster is now considered one of the most profitable for mining Ethereum and Ethereum Classic. It is supplied complete with a power supply unit, so it is ready to start immediately after purchase. There are three motherboards with chips inside the case. Asik makes a tangible noise, so it is advisable to allocate a separate non-residential premises for it.




Hashrate: 660 Gh / s

Consumption: 1300 W

Powerful ASIC for mining Dash and other coins on the X11 algorithm. It is enclosed in an aluminum case with powerful fans on both sides. STU-U6 does not overheat, despite its high performance – the average temperature in operation is 35 ° C.

ASIC FusionSilicon X7 Miner

ASIC FusionSilicon X7 Miner

Hashrate: 262 Gh / s

Consumption: 1300 W

The miner attracts first of all with a democratic price – around $ 450, with its characteristics it is quite adequate cost. In January 2019, at the time of its release, it became a real breakthrough in the field of Dash mining. The device is small and light (4.8 kg), in an aluminum case.


Asik Bitmain Antminer Z11

ASIC Bitmain Antminer Z11

Hashrate: 135 kSoL

Consumption: 1419 W

In March 2019, the first batch of these miners was sold out 20 minutes after the start of pre-sales. This speed even raised suspicions that all the miners were bought by some large corporation, in whose hands a large share of the network hashrate is now concentrated. Miners primarily use ASICs to mine Zcash and Komodo coins. The device is 60% more energy efficient than its predecessors.

Asik Innosilicon A9 ++ ZMaster

ASIC Innosilicon A9 ++ ZMaster

Hashrate: 140 kSoL

Consumption: 1550 W

At the time of its release, the model became a breakthrough in the miner market, outstripping competitors in all respects. Before that, the Zcash coin was actively mined on video cards, but then at one point almost everyone switched to ASICs, especially since it was many times more profitable economically.

There is no power supply in the kit, you need to buy it separately. A low noise level is noted during operation of the device.

ASIC ASICminer Zeon 180K

ASIC ASICminer Zeon 180K

Hashrate: 180 kSoL

Consumption: 2200 W

At the moment – the most powerful ASIC for Equihash. The massive device weighs 27 kg due to the water cooling system, which has already become the recognized standard for top miners. At the same time, the energy consumption cannot be called too high (lower than that of the competitor, Bitmain Antminer Z9), and the noise level is completely insignificant.

Please note: always check the relevance of data in mining calculators.

Principle of operation

ASIC stands for Special Purpose Integrated Circuit. It is a chip designed strictly for specific purposes. Such chips are created for various tasks, from managing mobile phones to processing sound, but the cryptocurrency industry is especially interested in ASICs designed specifically for mining existing cryptographic algorithms.

Mining – performing complex calculations in search of a given number (hash). To find this number, mining hardware, be it an ASIC or a video card, has to perform a lot of operations in a limited time – whoever finds it first will receive a reward from the cryptographic system. To increase the chance of making a profit, miners are pooled. But it still makes sense to buy more powerful equipment, since the reward is distributed among the pool members according to their contribution to the process.

An ASIC consists of several basic elements:

✅ board with a set of chips;

✅ memory bar;

✅ Power Supply;

✅ coolers;

✅ connector.

Video review of the parsing of the Bitmain S9 ASIC:

Each cryptocurrency operates on the basis of its own hash algorithm, and an ASIC miner is selected based on this. For example, Bitcoin miners work with the SHA-256 algorithm; Litecoin – with Scrypt algorithm. A miner developed for one or another algorithm can be used to mine other coins using it. In addition, miners differ in size and power.

What are ASICs

what are the ASIC miners

There are three main types of ASIC miners:

  1. Professional. High-power devices, consuming more than a kilowatt of energy per hour, are equipped with integrated power supplies and the best cooling systems. Shows the best energy efficiency and performance. An example is the Antminer S9, one of the most popular ASICs in the world.
  2. For home mining. They have average characteristics in terms of power and energy consumption. Examples are Innosilicon A4 + LTCMaster, Antminer L3 ++, Baikal-X. Consumption is in the range of 600-800 W. The quality of body materials and internal components is slightly lower than that of professional models.
  3. Compact. They are connected to USB and consume little power. Of course, their power leaves much to be desired, but they are often chosen for their convenience – all that is needed is to connect the device to a PC. Examples of such models: Bitmain Antrouter R1-LTC, Gekko Science 2PAC BM1384, etc.
ASIC miner Bitmain Antrouter R1-LTC

ASIC miner manufacturers

The ASIC miner market is ruled by several corporations, most of them located in China.


Bitmain ASICs

Bitmain Technology – the company has been operating since 2013 and is the most famous manufacturer of integrated circuits. The headquarters is located in Beijing (China). Bitmain manufactures and markets chips, server hardware, and a range of cloud solutions using blockchain and artificial intelligence. But the main direction is computational integrated circuits. Bitmain ASICs account for almost 75% of the global market.


Innosilicon asic miners

Innosilicon produces over 30 million ASICs annually and has development teams in China and North America. Devices of this brand are cheaper than Bitmain, while they have good performance and flexible settings. Models are available for all popular mining algorithms, as well as power supplies for them. Large production volumes and competent technical support make the products of this company quite popular.


ASIC miners from Baikal

Baikal is a company registered also in China and has assembled a staff of engineers from all over the world. Has been engaged in research and development in the field of chips and software since 2008, and since 2013 has been releasing ASICs for the SHA-256 algorithm. In 2016, the Baikal mini X11 miner, which is quite popular today, was released, showing good stability and economic efficiency.


ASIC miners from Bitfury

Bitfury is a UK registered company founded in 2011. Carries out developments in the field of blockchain, Bitcoin, artificial intelligence and complex computing. In addition to the production of ASICs, he is engaged in supporting various platforms in the cryptocurrency industry – payment systems, analytical platforms, educational services.

Other less well-known manufacturers are Canaan, Obelisk, Halong Mining, GMO miner, FusionSilicon, etc. New players regularly appear on the market.

How to calculate payback and profitability

The main costs of mining with ASICs are, of course, hardware, which can cost thousands of dollars. The second indicator is the cost of electricity, especially if you live in a region with high electricity tariffs. When choosing a device, you need to calculate how much it will consume per month, and how much will go out of your budget to pay bills.

You can derive the formula:

M – W = P,

where M is the income received as a result of mining, W is the cost of electricity and maintenance, P is the net profit.

However, before you start making a profit, you need to recoup your investment in a mining rig. After this moment, every ruble earned will already go to earnings.

Calculator for calculating the profitability of ASIC

In order not to count manually, you can use one of the mining calculators available on the Internet:

  1. CryptoCompare. One of the easiest calculators to use. However, it has a drawback – it does not take into account changes in the complexity of the network, and in fact they also quite strongly affect profitability.
calculator for calculating the profitability of ASICs from CryptoCompare
  1. WhatToMine. One of the most useful mining tools. Based on the data filled in, the site calculates the power consumption, hash rate, and the most profitable coins in your case. And he will even select the best exchange for trading these coins.
ASIC miner calculator from WhatToMine
  1. CoinWarz. Compared to the rest, this calculator is more complex and functional, it even allows you to enter the cost of equipment in order to calculate how much it will pay off at the current exchange rate. The calculation is based on the analysis of more than 100 coins, which allows you to make the best choice.
CoinWarz calculator

Calculation of profitability and payback of ASICs

For example, the calculation for the popular ASIC miner Antminer S17PRO in the CoinWarz calculator:

If the cost of electricity is $ 0.1 per kWh and the pool commission is 1%, the profitability will be $ 1.12. The approximate payback period (ROI) of the Antminer S17PRO ASIC will be: Cost / $ 1.12 = 1787 days. This is a rough estimate and does not account for changes in difficulty and miner rewards, operating costs, different purchase costs, etc.

The biggest impact on profitability is now the cost of electricity. The cheaper it is, the faster the investment will return and the ASICs will begin to generate net profit.

Prospects for the use of ASICs in the future

ASIC mining is a controversial issue today, causing a lot of controversy. Part of the community opposes them, pointing to too much control over the bitcoin network and harm to the principles of decentralization. Manufacturing corporations like Bitmain have a huge impact on the industry.

Others, on the contrary, support the introduction of ASICs, believing that such an interest in Bitcoin and cryptocurrency in general speaks of faith in the future of cryptographic networks (this is the opinion of Bitmain spokesman Nishant Sharma).

From the point of view of users, mining has long grown from a couple of dozen enthusiasts mining cryptocurrency on processors, and has become a full-scale industrial-level enterprise. Now it can no longer be called easy money. Cryptocurrencies are attracting more and more miners as different companies introduce them into circulation.

In theory, anyone can still mine – but it takes a lot of hard work – investing in equipment, equipping the room and cooling, etc. It is impossible to make a profit without large initial investments.

However, there is an opinion that the situation with ASIC mining will improve. The development of software does not stand still, and the devices themselves become more and more economical as new technologies are introduced. This is a positive development scenario for those who just want to mine at home for themselves.

Advantages and disadvantages


✅ With a high network complexity, only ASICs can provide a decent income.

✅ Compared to GPU farms, ASICs consume less power.

✅ An ASIC miner takes up less space than a GPU farm.

✅ It is easier to install and configure the device by simply following the instructions.


❌ High price.

❌ Reselling an obsolete or unwanted device is nearly impossible.

❌ One device allows you to mine coins of only one algorithm.

❌ A large number of ASICs used and mining on them on an industrial scale are detrimental to the decentralization of the network.

❌ “Obsolescence”.

Questions and answers

What is an ASIC miner?

It is an integrated circuit designed for specific tasks. In this particular case, to carry out complex calculations leading to the confirmation of transactions and the receipt of a reward.

What are the types of ASICs?

Industrial, home and compact. They differ among themselves in the speed of calculations (hash rate), electricity consumption, dimensions, cost.

How to choose an ASIC?

First you need to assess your financial capabilities, then consider all models from a suitable price category and calculate their payback and profitability. Make a choice based on this.

How to calculate profitability?

You can do it manually, but there are special mining calculators. They allow you to enter the initial data, and substitute the rest yourself (network complexity, current exchange rates). Based on this, preliminary values ​​of profitability are given.

How much does an ASIC cost?

Depending on the characteristics, the device can cost from several tens to several thousand dollars.

Does it make sense to start mining in 2020?

In general, there is a sense, but you need to think over and calculate the entire strategy so as not to remain in the red.

Where to sell the mined coins?

On exchanges, cryptocurrency exchangers, p2p platforms. You can hedge on futures exchanges.

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