Best Bitcoin Mining Machine [Features x Cost]

Whether you're a business or a hobbyist, this article aims to demystify the factors involved in selecting the best Bitcoin mining machine and help you pick the one that can best meet your needs.

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The best Bitcoin mining machines are ASIC Bitcoin mining machines. ASIC, which stands for application-specific integrated circuit, is a machine built specifically for cryptocurrency mining.

So say you're in the market for one and you see a Bitcoin mining machine for sale, the next question that comes to mind is: How do you know if it's the right one for you? And how can you pick the best Bitcoin mining machine with the right specs and at the best price?

Here are the top factors to keep in mind when considering which mining machine to buy:

Hash rate

A mining machine's hash rate refers to its brain power. The higher the hash rate, the more it is able to process per second, and the more Bitcoin (BTC) you will be able to mine.

Power consumption

Cryptocurrency mining of any sort takes electricity --- lots of it. The less electricity your mining machine needs to operate, the lower your electricity costs, and the higher your profit margin.

Ease of use

Setting up a mining machine takes a certain level of tech-savviness, but even the most technically-able miner would do better with easy-to-use hardware and user-friendly interfaces.

Temperature / noise

Mining Bitcoin is heavy duty stuff and your machine is likely to heat up. While the best mining machines have built-in cooling fans, it is often still necessary to keep the machine in a cool and well-ventilated environment. The harder the fans have to work, the noisier the machine will be.

Price

The best ASIC Bitcoin mining machines require significant monetary investment. The top Bitcoin mining machine for sale typically starts at around US$100 or RM450, and goes all the way up to around US$10,000 or RM45,000.

Most Profitable ASIC Bitcoin Mining Machines

The top ASIC Bitcoin mining machine brands are Bitmain, MicroBT, and Canaan. We've included a list of the most popular (and profitable) models from each brand below.

A few notes on the technical terms below:

• Hash rate (T): T stands for terahash. The higher the number, the better. A mining machine's hash rate is calculated by megahashes per second (MH/s), gigahashes per second (GH/s), or terahashes per second (TH/s). When a network reaches a hash rate of 10 TH/s, it means that it can process 10 trillion calculations per second.
• Energy (W): W stands for watts. The lower the number, the less electricity it consumes, the better.
• Efficiency (W/T): W/T means watts per terahash. It represents the amount of electricity needed to process each terahash. The lower the number, the more efficient a machine is.
• Price (USD/MYR): The higher the price, the more powerful the machine tends to be, and the sooner you can generate profits to recoup your initial investment. The lower the price, the more affordable the machine, and the less investment risk there is for you.

There are pros and cons to every Bitcoin mining machine, so sometimes the best Bitcoin mining machine is the one that meets your resources, profit-making goals, and level of commitment.

Prices shared below are estimates of the average market price based on our research and do not include taxes or shipping costs.

Bitmain Antminers

Source: Yahoo Finance

Bitmain is the world's largest designer and manufacturer of mining machines for Bitcoin, reportedly serving two-thirds of the global market. Headquartered in Beijing with an international manufacturing and distribution hub in Malaysia, the company also operates two of the largest BTC mining pools in the world and at least 11 mining farms in China.

MicroBT Whatsminers

Source: oltnews

MicroBT is an integrated circuit chip manufacturer headquartered in Beijing, with an international ASIC production hub based in Southeast Asia. The company is known for its fine circuit designs, advanced chip packaging technology system, and cooling technology.

Canaan Avalon Miners

Source: Archynewsy

Canaan is the world's second largest Bitcoin mining machine manufacturer, known for their advanced artificial intelligence chip research and development. The company is headquartered in Beijing, and is listed on the Nasdaq stock exchange.

Buying a Bitcoin mining machine

There are many ways to get your hands on an ASIC Bitcoin mining machine wherever you are in the world, though it is imperative that you do your due diligence beforehand.

While buying from official sources and specialist stores may be pricier, such outlets may also be more likely to be able to assist you should you require spare parts or help with setting up or servicing your machine down the road.

• Direct from manufacturers: Buy through the manufacturer's website or from an authorised distributor. Due to the popularity of mining machines, manufacturers may limit the number of Bitcoin mining machine for sale to prevent hoarding and price gouging by resellers.
• Mining equipment providers: Specialist stores who sell mining rigs and related equipment. Such stores may also provide other services for additional fees. Buying from a local provider has the added benefit of lower shipping costs.
• E-commerce platforms: eBay is popular for buying used mining machines, while platforms like Amazon and Alibaba can also be considered.

Bitcoin mining machine for sale in Malaysia

From our research on the top performing ASIC mining machines above, we can safely say that the best Bitcoin mining machines can cost anywhere between RM3,000 and RM19,000 in Malaysia.

In summary, here are the estimated prices of the best ASIC Bitcoin mining machines in Malaysia listed from low to high:

1. Avalon 1166: RM3,000
2. Avalon 1166 Pro: RM7,000
3. Whatsminer M30S+: RM7,500
4. Antminer S19: RM8,000
5. Whatsminer M30S++: RM10,000
6. Antminer S19 Pro: RM10,500
7. Avalon A1246: RM12,000
8. Antminer S17 Pro: RM14,000
9. Whatsminer M30S: RM18,500

Where to buy an ASIC Bitcoin mining machine in Malaysia?

You can find a Bitcoin mining machine for sale at your local IT mall, from online mining equipment stores, or even on shopping platforms such as Lazada, Shopee, as well as Carousell for used machines.

Is it profitable to mine Bitcoin in Malaysia?

To get an idea of how much money you can make from mining BTC using these machines, check out this guide to learn how to calculate how much money you'll need to get started and your potential return on investment.

Conclusion

Ready to start mining some digital gold? Be sure to check out our complete guide to Bitcoin mining and learn more about the best Bitcoin mining software out there.

Not sure if mining is for you? Check out our guide on mining vs buying crypto, and head over to Remitano to buy some BTC right now.