While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines.
Microbt, Bitmain Sell the Most Profitable Bitcoin Miners on the Market, But Product Is Sold Out Across the Board
Bitcoin (BTC) prices have seen some significant losses during the past two weeks but network participants, particularly bitcoin miners, continue to support the cryptocurrency network. Bitcoin miners have to leverage lots of capital and a great deal of ASICs to compete with the industrial speed and innovation this sector has captured. In the early days, a great number of ASIC manufacturers existed but these days, there’s only a small pack of mining rig manufacturers producing these devices.
The top cryptocurrency ASIC manufacturers in 2021 include companies like Microbt, Bitmain, Canaan, Innosilicon, Strongu, and Ebang. Similar to 2020 statistics, this year Microbt and Bitmain continue dominate the market, as far as the most powerful and most profitable ASIC bitcoin mining rigs are concerned.
Data shows the Microbt manufactured Whatsminer M30S++ produces around 112 terahash per second (TH/s), and uses around 3,472 watts of energy off the wall. Using today’s BTC exchange rates and an electricity rate of around $0.12 per kilowatt-hour (kWh), a single M30S++ released in October 2020 makes around $11.11 per day.
