The most profitable ASICs in 2020

[nodelistverdant]

Considering the situation with halving, the choice of ASIC which will generate income stably and at the same time be easy to operate, is a pretty relevant task. This article contains the main points to pay attention to when choosing new devices, so that mining on them will be profitable today in 2020.

1. The efficiency of ASIC

The cost of energy and the hashrate that you can reach on a specific ASIC directly affect the profit and the speed of the payback of the device. Therefore, when choosing an ASIC, you should carefully go through the “combinations” of overclocking profiles and power consumption. It is recommended to choose the most profitable model in this regard.

Also, after buying a new ASIC, improve it with custom firmware (this is almost a mandatory step, because today it is very difficult to mine profitably without the firmware). Using it, you can achieve one of the following “scenarios”:

• Increasing the hashrate (while the power consumption remains at the current level)
• Maximum increase in hashrate (while energy consumption also increases)
• Reducing the current level of power consumption (while the hashrate does not change).

An example with Antminer T17 will explain the efficiency and profitability of the firmware more clearly. So, the stock firmware of this ASIC allows you to achieve a hashrate of 40 Th/s, while the device consumes 2200 W. With the Hiveon ASIC firmware, the Antminer T17 consumes 1816 W (at the same hashrate), and the maximum possible hashrate is 56 Th/s (with a standard power supply unit). Moreover, the firmware allows you to extend the service life of the ASIC.

2. Ease of operation

The easier it is for you to manage an ASIC, the more attention you can pay to the mining process. The Hive OS monitoring and management system can greatly simplify this task — with its help, you can control ASICs remotely, monitor their performance, and so on. Therefore, when choosing a new device, pay attention to those ASIC models that are compatible with it. A complete list of supported models can be found here.

3. Availability of spare parts

When choosing an ASIC, find out if you can buy spare parts in your city or country. And if yes, what is their cost? Choose those ASICs for which you can get spare parts as soon as possible. In this way you will avoid serious pauses in the mining process and loss of income.

In addition, the following two factors should be considered:

• ASICs have practically no interchangeable parts. However, fans are an exception, but it all depends on their size. For example, Bitmain's ASICs have fans of the same size, while the Innosilicon's fans are larger. The control boards of Bitmain ASICs of the 17 series are also interchangeable.
• The most popular manufacturer is Bitmain.

4. The cost of ASIC

If you are going to purchase a large number of devices, their price may be the most influential factor.

Be sure to compare prices of different suppliers. Some of them may increase price on purpose, so that you may overpay. But by checking the offers of other suppliers, you will avoid this situation.

Also, do not purchase new ASICs immediately after their release. Wait a little — over time, their price will drop slightly, and you will also have the opportunity to read reviews and decide if these devices are worth your investment.

It is also worth finding out how much electricity ASIC consumes per terahash. For example, some devices require 1.6 kW of power, while others consume 6 kW. In the end, an ASIC which consumes 6 kW of energy will cost much more, because you will spend a substantial part of your profit on paying electricity bills.

5. The device’s warranty

Warranty terms are another factor worth paying attention to:

• What is the warranty period of your potential ASIC? Obviously, the longer the warranty is valid, the better and easier it is for you.
• Is there a warranty service center nearby (in your city or at least country)? If it is missing, look for a post-warranty center — sometimes it's easier to choose this one, even if the device is still under warranty. Why? The fact is that sometimes warranty repairs can take a very long time, which means loss of profit for you.
• What specific cases does the warranty NOT cover?

The most efficient ASIC models in 2020

Bitmain Antminer S19 Pro

• Impressive power — hashrate up to 110 Th/s;
• High stability thanks to the new APW12 power supply;
• Effective energy saving — up to 29.5 J/Th;
• Bitmain fans are interchangeable.

Bitmain Antminer Т17 (old generations)

• Easy to overclock;
• Considered to be one of the most “durable” ASICs;
• Bitmain fans are interchangeable;
• Bitmain 17 series control boards are also interchangeable;
• The device is compatible with the Hiveon ASIC firmware (using it, you can mine profitably and achieve a hashrate of 56 Th/s on a standard power supply unit).

Bitmain Antminer S17 Pro

• Reliability and durability;
• The ASIC is easy to overclock;
• Bitmain fans are interchangeable;
• The device is compatible with the Hiveon ASIC firmware (using it, you can achieve a hashrate of 80.1 Th/s on a standard power supply unit).

Innosilicon T3

• High reliability;
• ASIC Boost enabled;
• ASIC is equipped with an improved cooling system;
• The device allows you to achieve a hashrate of 43 Th/s.

Whatsminer M20S

• Reliability and efficiency;
• The device allows you to achieve a hashrate of 68 Th/s.

It is likely that in the near future ASICs will replace GPU rigs even more. This means that the issue of choosing new profitable devices should be addressed right now.

[ShadowCrypto]

Well, I personally think you should mine vertcoin or monero and then convert it to bch/btc or maybe eth to make the most profitable option, and it well worth your time for sure. mine the coins that are giving more profit and exchange for the coins that have more growth potential.

[Jaephoenix]

These days crypto mining is becoming less and less profitable by the day. An ASIC that is profitable today may be prohibitive and a loss item in a couple of months due to bitcoin bullish trend. Take example, right now. Difficulty would be getting to an all time high because of the current bitcoin price

[gunhell16]

Well, I personally think you should mine vertcoin or monero and then convert it to bch/btc or maybe eth to make the most profitable option, and it well worth your time for sure. mine the coins that are giving more profit and exchange for the coins that have more growth potential.

Well, have you tried to mine these two coins you mentioned in the above mate? Perhaps, monero is much more comfortable for me. But anyway what kind of Mining rigs can you suggest me to buy? Because it's been a couple of years now that I have been thinking to buy a mining rig just don't know what model I'm gonna try to buy.