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Topic: how to choose asics for mining (Read 163 times)

hero member
Activity: 742
Merit: 503
June 16, 2019, 03:13:21 PM
#4
I am a conventional buyer so I always thought the more it costs the better it works! it took me a while to realize that that's just a wrong path of choosing stuff. Much more profitable to learn who is a manufacturer and if it complies with modern requirements. also, power consumption is crucial - at least for me. I rarely take consultations, usually just read all the information including this forum of course.
sr. member
Activity: 882
Merit: 250
May 16, 2019, 11:36:50 AM
#3
Probably, you might think about cloud mining then? You will invest in the same powerful ASIC but you will pay less. However, if you insist on personal hardware, you should certainly consider the following:
- hashrate efficiency;
- electricity consumption - such devices consume a lot of energy and before acquiring a certain sample, compare the devices;
- value for money ratio which determines the payback period of the ASICminer.
full member
Activity: 1264
Merit: 138
May 15, 2019, 04:07:27 PM
#2
UM...this is Alt coins not BTC.  And why you shilling Halong.  Go shill someplace else.
member
Activity: 566
Merit: 13
May 15, 2019, 12:59:42 PM
#1
How to Find the Best Bitcoin Miner?

There are some important factors to look at when determining which Bitcoin mining ASIC to buy:

Hash rate – How many hashes per second can the Bitcoin miner make? More hashes cost more, which is why efficiency is crucial.

Efficiency – You’ll want to buy the most efficient bitcoin mining hardware possible. Right now, this is the Halong Mining Dragonmint T1. Since miners use a large amount of electricity, you want to buy one that converts the most amount of electricity into bitcoins.

Price – How much does the bitcoin miner cost? Cheap mining hardware will mine fewer bitcoins, which is why efficiency and electricity usage are important. The fastest and more efficient mining hardware is going to cost more.

Don’t try to buy a miner based on only price or only hash rate. The best ASIC miner is the most efficient bitcoin miner. Aim for value.
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