Asic Miners

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What is Asic Miner?

( Asic miner, bitcoin miner) – a device that is much more powerful than video cards and much more energy efficient solution for daily mining.

How Asic mining started

The real boom in ASIC mining started in 2013. It was then that these devices began to gain popularity and become one of the main tools for mining bitcoin and soon other cryptocurrencies. First of all, what is an asic. ASIC (Application-Specific Integrated Circuit) – is a specialized device designed on a large number of microchips, in the community of miners called “chips” that are located on the boards – “hash boards”. Each model of asics is developed under a special method of operation and calculation named “algorithms”. Algorithms are used to solve the specific problem of mining a particular cryptocurrency, for example; For mining Bitcoin (btc) needs an algorithm SHA-256, for Ethereum (ETH) – Ethash, for Doogecoin (DGC) – Scrypt, for Zcash (Zec) – Equihash and others.

Mining cryptocurrency on asics

Mining on ASIC miners (Asic miner, bitcoin miner) is a process in which the tasks of calculating hashes and transactions within the network of cryptocurrency are solved. Unlike graphics processors on video cards or conventional processors of computers or servers, ASIC-miners in tens and some asics and thousands of times more efficient and faster can produce (mine) cryptocurrency. By the speed of mining they also use less electricity, which makes mining on ASIC-miners more economical and sootvetvetvetvetvetstvenno more profitable.

What role does an ASIC play in a network, what does an ASIC do?

It processes and calculates blocks (if you are mining on a pool, such as Binance Pool, Antpool and others), basically an ASIC conducts transactions between hosts in a network, being a link of global mining.

ASIC miners are not only a way to mine cryptocurrency, but also a great business and investment. With the right approach and choice of equipment, you can get a profitable business. In this case, it is important not only to choose the right asic miner, but also to know what algorithm to choose and accordingly what coin, how to choose a pool for mining, which will ensure the stable operation of the device, etc.

What to consider when choosing an asic?

Criteria for choosing an asic miner

The hash rate of the miner is the number of hashes that the asic can calculate per second. Determine the necessary hash rate according to the price of the cryptocurrency you are going to mine and the complexity of the network. Take into account that the complexity of the network is periodically increased +-2-10% every 2-3 months. Each currency has a period of recalculation of complexity.
The less power consumed by the asic – the less power consumed, the less power costs. Here it is important to look at the overall power to consumption ratio. If you compare a 13Th device with 1.3kW consumption and compare a 95th device with 3250kW.
Price – the cost of an asic miner can vary widely. Find the best value for your money based on the features you need.
Manufacturer reputation – choose an asic miner from a manufacturer with a good reputation in the market in terms of durability and maintainability.

Warranty and service – make sure that the manufacturer you choose provides a long enough factory warranty on its product and has a good support service. In Ukraine – service and repair of any Asic-miner provides AsicFox.ua

The most popular Asic-miner

The most popular Asic-miner is difficult to call any one, every year more and more powerful models are released.At the moment produces reliable and profitable mining devices around the world and Ukraine – the most popular, the best and not unsurpassed manufacturers are: bitmain.com and their devices – Antminer. Next are MicroBT and their Asics line whatsminer, Innosilicon, Sapaap and other manufacturers

Want to buy an Asic in Ukraine?

We recommend contacting our managers that will advise on all the nuances by phone numbers listed in the header of the site or in our chat telegram \ viber. Buying with AsicFox.ua – you get quality services, proven devices, quality assurance of your asic miner and the best service in Ukraine from our company from 180 days for new devices.

Частые вопросы про Asic Miners

What is an asic Miner?

ASIC stands for “Application Specific Integrated Circuit”. In general, ASIC-miners are designed specifically for mining cryptocurrencies. Asics are developed for mining one or more coins (cryptocurrencies), only for one algorithm. For example, asics on the algorithm SHA-256 mining Bitcoin (BTC).

How fast is the payback on an asic?

On average, at a price of 1kW 2grn asic miner antminer S19j pro 122th pays for itself from 9 to 15 months. It is important to realize that there are several factors that affect the payback: a) the cost of the asic b) the price of cryptocurrency that he mines c) the cost of electricity. Depending on all these factors, the figures may be different.

Which Asic miners are the most popular and reliable?

The most popular and reliable global manufacturers of asic miners are: Bitmain , MicroBT, Innosilicom, Canaan.

What are the Best Asics for Mining?

For SHA-256 algorithm ( BTC - Bitcoin ) Bitmain Antminet T19 , Antminer S19 , Antminer S19j Pro+ 122Th
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