Although Ethereum no longer uses a Proof-of-Work consensus mechanism, there are still some notable cryptocurrencies using the EtHash hashing algorithm, for example Ethereum Classic. Innosilicon’s A10 Pro ETH is one of the most compelling options for miners that need an ASIC tailored for the EtHash algorithm.
The A10 Pro ETH outputs a hashrate of 500 MH/s and has a power consumption of 860W. The miner has an efficiency rating of 1.92 J/MH.
| Price | $1,900 |
| Release Date | May 2020 |
| Hash Rate | 500 MH/s |
| Power Consumption | 860W |
| Efficiency | 1.92 J/MH |
FAQs
Now that we have showcased the best ASIC miners available on the market today, let’s answer some of the most common questions users have on the topic of ASIC miners.
What is an ASIC mining rig?
An ASIC mining rig is a device that is specialized to mine a specific type of cryptocurrency as efficiently as possible. ASICs (application-specific integrated circuits) are chips that are designed for a very narrow range of tasks, in contrast to the chips found in desktop computers, laptops and smartphones, which are capable of performing a variety of tasks.
When it comes to ASIC miners, ensuring a safe operating temperature is crucial. Depending on their design, ASIC miners can use air cooling, liquid cooling or immersion cooling.
Are ASIC miners profitable?
The profitability of ASIC miners depends on many different factors. This includes the cost of the ASIC miner itself, the cost of hosting and maintenance, electricity costs, the price trend of the cryptocurrency that’s being mined, and more factors.
Some cryptocurrencies such as Bitcoin can only be profitably mined with ASICs since consumer-grade computer hardware is not powerful enough to mine them effectively.
Can ASIC miners be used for anything else?
The chips powering ASIC miners are designed specifically to mine a certain hashing algorithm as efficiently as possible. Therefore, ASIC miners can not be used for any other purpose than mining the cryptocurrency / hashing algorithm they were designed for.
The bottom line
We hope that our roundup of the best ASIC miners has helped you find the best models for mining popular cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, and Kaspa. Although cryptocurrency mining can certainly be profitable, running a successful mining operation requires a significant amount of capital, resources, and knowledge.
If you want to learn more about the topic of cryptocurrency mining, make sure to take a look at our list of the best Bitcoin mining companies to invest in.
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