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The increase in cryptocurrency mining has led to the emergence of new industries that produce the mining hardware to keep up with the demands. The hardware miners are powerful and efficient for cryptocurrency mining with high hash rates. However, before purchasing one, it is wise for any miner to make an estimated calculation on whether getting a hardware miner would be profitable or a downright loss.

Things to put into consideration are:

Power consumption – The average mining hardware consumes a considerable amount of power and could, in turn, be an expensive venture in areas where electricity cost is high. The high amount of power drawn by these hardware results into a relative amount of heat produced by the hardware. To counter the heat produced, the hardware needs to come installed with fans which add to the total cost of the hardware.

Hash Rate – This refers to the speed of mining and is measured in Tera hashes per Second(TH/s) or Giga hashes per Second(GH/s).

The mining hardware could be ranked according to various categories, but since they are all quite costly we try and list the most expensive mining hardware around.

Top High-cost Crypto Miners in 2018

Bitmain Antminer S9

Bitmain Antminer S9

Image source: https://shop.bitmain.com

Considered the best hardware for mining, the Bitmain Antminer S9 is a featureful cryptocurrency ASIC miner with SHA 256 capable of producing about 0.007 bitcoins in a day minus the electricity cost. It has a speed of about 14 TH/s and consumes about 1375 watts of electricity.

It features Nanometer Technology which is known to accelerates coin computing with electrical efficiency. It considered to be about 3 times more efficient than its counterpart the Antminer S7  but in terms of electricity consumption, it is quite power intensive.

It goes for about $2100.

It is the predecessor to the Antminer S7 and offers a hash rate of 4.73TH/s and a power consumption of 1350 watts hence 0.25 J/GH. It has two fans connected to the miner and allows a connection to the Ethernet network. It goes for a price of about $300.

Antminer R4

Antminer R4

Image source: https://www.cryptocompare.com

It was hailed as the best ASIC miner in the year 2017 with a whooping 8.6 TH/s with a power consumption of about 920 watts. It also uses a coin algorithm of SHA 265 (Bitcoins). It goes for about $3600.

BW L21 Litecoin Miner

BW L21 Litecoin Miner

Image source: http://1stminingrig.com/

Litecoin is an alternative cryptocurrency to bitcoins and this litecoin miner is a scrypt ASIC miner with a hash rate of 550 MH/s and consumes 950 watts of power. It adopts Segwit similar to bitcoin and is more prominent thanks to its blockchain that uses swap technology.

It is the best mining hardware for litecoins and goes for about $2500.

Antminer L3 ASIC Litecoin miner

Antminer L3 ASIC Litecoin miner

Image source: https://cryptocurrency.tech

This litecoin mining rig offers a hash rate of 504MH/s with a power consumption of about 800 watts. Although expensive, it is a good choice for litecoin miners.

It goes for about $2500.

iBelink DM22G

iBelink DM22G

Image source: http://asic-shop.ru/

A lesser-known cryptocurrency would be the dash coins. For mining, the coins, iBeLink DM22G miner is most often used. It has a speed of 22GH/s and relatively low power consumption of 810 watts. It is quite favorable in that its operating temperatures are about 0-50 degrees Celsius and additionally has 5 cooling fans attached to it. Its network connection is ethernet. This piece of hardware can be used for both large scales as well as low scale mining.

It goes for around $13500.

Innosilicon A5 Dash Miner

Innosilicon A5 Dash Miner

Image source: https://coinminners.com

The Innosilicon A5 Dash Master is another excellent dash coin miner. It has an unbelievable 38GH/s, unlike any other miner. It offers a fast return on investment of up to 2 weeks.

It goes for about $10000