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Asic Miners by Live Profitability

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Profit and ROI based on:

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Name
Release
Hashrate
Power
Daily Revenue
Daily Profit
Lowest Price
ROI
Sep 2022166 Th/s3154 W
KDA Logo
53.60KDA
$40.64 /day
$10,500258 day ROI
sold by Million Miner
BuyListings
Nov 20219.5 Gh/s3425 W
LTC+DOGE Logo
LTC+DOGE m Logo

218.95 DOGE

+ 0.1195 LTC

$26.11 /day
$9,499364 day ROI
sold by NHASH
BuyListings
Nov 20219.16 Gh/s3425 W
LTC+DOGE Logo
LTC+DOGE m Logo

211.11 DOGE

+ 0.1152 LTC

$24.95 /day
$10,700429 day ROI
sold by Million Miner
BuyListings
Nov 20219.05 Gh/s3425 W
LTC+DOGE Logo
LTC+DOGE m Logo

208.58 DOGE

+ 0.1138 LTC

$24.56 /day
$9,499387 day ROI
sold by NHASH
BuyListings
Jun 202236 h/s2800 W
GRIN Logo
300.30GRIN
$6.22 /day
$8,9701442 day ROI
sold by iPollo
BuyListings
Aug 20216 Gh/s4500 W
ETC Logo
0.7272ETC
$5.97 /day
Jan 20223.35 Gh/s3200 W
LTC+DOGE Logo
LTC+DOGE m Logo

77.21 DOGE

+ 0.0421 LTC

$5.39 /day
$3,899723 day ROI
sold by NHASH
BuyListings
Jun 2022280 Mh/s270 W
ETC Logo
0.0045ETC
$4.92 /day
$1,890384 day ROI
sold by Million Miner
BuyListings
Jun 202240.2 Th/s3350 W
KDA Logo
12.98KDA
$4.88 /day
$5,4991127 day ROI
sold by NHASH
BuyListings
Jan 2023255 Th/s5304 W
BTC Logo
0.00087913BTC
$4.38 /day
$6,8001553 day ROI
sold by Million Miner
BuyListings
Nov 20212.5 Gh/s1200 W
ETC Logo
0.3030ETC
$3.79 /day
$30,0737935 day ROI
sold by Coin Mining Central
BuyListings
May 20192.2 Gh/s2100 W
LTC+DOGE Logo
LTC+DOGE m Logo

50.70 DOGE

+ 0.0277 LTC

$3.54 /day
Apr 202229.2 Th/s2630 W
KDA Logo
9.43KDA
$3.16 /day
$4,9991582 day ROI
sold by NHASH
BuyListings
Aug 20212.05 Gh/s2080 W
LTC+DOGE Logo
LTC+DOGE m Logo

47.25 DOGE

+ 0.0258 LTC

$3.06 /day
Jun 202232 Th/s3200 W
KDA Logo
10.33KDA
$2.86 /day
$2,8991014 day ROI
sold by AKminer
BuyListings
Jun 20223.6 Gh/s3100 W
ETC Logo
0.4363ETC
$2.82 /day
$10,4993723 day ROI
sold by NHASH
BuyListings
May 20221.62 Gh/s1450 W
LTC+DOGE Logo
LTC+DOGE m Logo

37.34 DOGE

+ 0.0204 LTC

$2.79 /day
$2,449878 day ROI
sold by Miner Bros
BuyListings
Aug 20212.45 Gh/s3100 W
LTC+DOGE Logo
LTC+DOGE m Logo

56.47 DOGE

+ 0.0308 LTC

$2.49 /day
Jun 20221.04 Gh/s30 W
ETC Logo
0.1260ETC
$2.47 /day
$4,6991902 day ROI
sold by NHASH
BuyListings
Jun 20223 Gh/s2556 W
ETC Logo
0.3636ETC
$2.39 /day
$9,8004100 day ROI
sold by Million Miner
BuyListings
Jun 2022140 Th/s3010 W
BTC Logo
0.00048266BTC
$2.21 /day
$5,3992443 day ROI
sold by NHASH
BuyListings
Jun 202216.2 Th/s1330 W
KDA Logo
5.23KDA
$2.01 /day
$2,4991243 day ROI
sold by AKminer
BuyListings
Oct 20187 Th/s1600 W
SIA Logo
1786.86SIA
$1.64 /day
Jun 20221.55 Gh/s1240 W
ETH Logo
0.1879ETH
$1.39 /day
$8,2995971 day ROI
sold by NHASH
BuyListings
May 20191.23 Gh/s1500 W
LTC+DOGE Logo
LTC+DOGE m Logo

28.35 DOGE

+ 0.0155 LTC

$1.35 /day
Oct 20211.36 Gh/s1850 W
LTC+DOGE Logo
LTC+DOGE m Logo

31.34 DOGE

+ 0.0171 LTC

$1.13 /day
Aug 20211.2 Gh/s960 W
ETC Logo
0.1454ETC
$1.08 /day
Dec 202119.3 Th/s3300 W
CKB Logo
2857.67CKB
$1.08 /day
$3,4993240 day ROI
sold by NHASH
BuyListings
May 2022126 Th/s3276 W
BTC Logo
0.00043439BTC
$0.90 /day
Jul 2018860 Mh/s1079 W
LTC+DOGE Logo
LTC+DOGE m Logo

19.82 DOGE

+ 0.0108 LTC

$0.89 /day
Sep 2022198 Th/s5445 W
BTC Logo
0.00068262BTC
$0.85 /day
$6,8008000 day ROI
sold by Million Miner
BuyListings
Nov 2021520 Mh/s240 W
ETC Logo
0.0630ETC
$0.81 /day
$2,0992591 day ROI
sold by AKminer
BuyListings
Mar 202118 Th/s2250 W
KDA Logo
5.81KDA
$0.74 /day
$1,9992701 day ROI
sold by AKminer
BuyListings
Apr 20224.3 Th/s3250 W
HNS Logo
315.58HNS
$0.73 /day
$3,9995478 day ROI
sold by AKminer
BuyListings
Nov 2017620 Mh/s750 W
LTC+DOGE Logo
LTC+DOGE m Logo

14.29 DOGE

+ 0.0078 LTC

$0.70 /day
Nov 2021450 Mh/s240 W
ETC Logo
0.0545ETC
$0.64 /day
$2,9004531 day ROI
sold by Million Miner
BuyListings
Oct 2017600 Mh/s850 W
LTC+DOGE Logo
LTC+DOGE m Logo

13.83 DOGE

+ 0.0075 LTC

$0.44 /day
Apr 20184.3 Th/s1350 W
SIA Logo
1097.64SIA
$0.30 /day
Mar 20222.6 Th/s230 W
KDA Logo
0.84KDA
$0.29 /day
$5591928 day ROI
sold by AKminer
BuyListings
Apr 2022205 Mh/s220 W
LTC+DOGE Logo
LTC+DOGE m Logo

4.72 DOGE

+ 0.0026 LTC

$0.29 /day
$5992066 day ROI
sold by Miner Bros
BuyListings
Aug 2021300 Mh/s240 W
ETC Logo
0.0364ETC
$0.27 /day
Jun 2022300 Mh/s240 W
ETC Logo
0.0364ETC
$0.27 /day
$8993330 day ROI
sold by AKminer
BuyListings
Apr 2022900 Gh/s200 W
SIA Logo
229.74SIA
$0.23 /day
$3691604 day ROI
sold by NHASH
BuyListings
May 2018580 Mh/s942 W
LTC+DOGE Logo
LTC+DOGE m Logo

13.37 DOGE

+ 0.0073 LTC

$0.19 /day
Jun 2017504 Mh/s800 W
LTC+DOGE Logo
LTC+DOGE m Logo

11.62 DOGE

+ 0.0063 LTC

$0.19 /day
$3291732 day ROI
sold by AKminer
BuyListings
Jul 2021185 Mh/s233 W
LTC+DOGE Logo
LTC+DOGE m Logo

4.26 DOGE

+ 0.0023 LTC

$0.19 /day
$6493416 day ROI
sold by Miner Bros
BuyListings
Jun 20221.2 h/s120 W
GRIN Logo
10.01GRIN
$0.16 /day
$2991869 day ROI
sold by iPollo
BuyListings
Jul 2022114 Th/s3306 W
BTC Logo
0.00039302BTC
$0.16 /day
$4,99931244 day ROI
sold by AKminer
BuyListings
Jul 2021850 Mh/s1450 W
LTC+DOGE Logo
LTC+DOGE m Logo

19.59 DOGE

+ 0.0107 LTC

$0.14 /day
Jun 2022130 Mh/s104 W
ETC Logo
0.0158ETC
$0.12 /day
$8937442 day ROI
sold by iPollo
BuyListings
Mar 20226.3 Th/s1200 W
CKB Logo
932.82CKB
$0.12 /day
$1,39911658 day ROI
sold by AKminer
BuyListings
Dec 202165 Mh/s30 W
ETC Logo
0.0079ETC
$0.10 /day
$1,38313834 day ROI
sold by Coin Mining Central
BuyListings
Mar 20216 Th/s830 W
KDA Logo
1.94KDA
$0.10 /day
Mar 20221.6 Th/s205 W
KDA Logo
0.52KDA
$0.06 /day
Jul 202096 Th/s2832 W
BTC Logo
0.00033097BTC
$0.04 /day
$2,59964975 day ROI
sold by AKminer
BuyListings
Oct 2021110 Th/s3250 W
BTC Logo
0.00037923BTC
$0.04 /day
May 2020110 Th/s3250 W
BTC Logo
0.00037923BTC
$0.04 /day
$2,76069000 day ROI
sold by Million Miner
BuyListings
May 2018596 Mh/s1050 W
LTC+DOGE Logo
LTC+DOGE m Logo

13.74 DOGE

+ 0.0075 LTC

$0.03 /day
Mar 202112 Th/s2400 W
CKB Logo
1776.79CKB
$0.00 /day
$1,299Never ROI
sold by AKminer
BuyListings
Oct 2020105 Gh/s115 W
HNS Logo
7.71HNS
$-0.05 /day
May 2021235 Gh/s230 W
HNS Logo
17.25HNS
$-0.06 /day
$249Never ROI
sold by NHASH
BuyListings
Apr 202187 Gh/s80 W
LBC Logo
1.32LBC
$-0.13 /day
Jul 201952 Th/s2200 W
DCR Logo
0.2010DCR
$-0.14 /day
Aug 2021750 Gh/s100 W
BTC Logo
0.00000259BTC
$-0.15 /day
$402Never ROI
sold by Bitshopper
BuyListings
Jul 2020100 Th/s3050 W
BTC Logo
0.00034476BTC
$-0.15 /day
$2,290Never ROI
sold by Million Miner
BuyListings
Mar 20221.36 Th/s1250 W
HNS Logo
99.81HNS
$-0.20 /day
$1,449Never ROI
sold by NHASH
BuyListings
Jul 2021175 Gh/s162 W
LBC Logo
2.65LBC
$-0.28 /day
$229Never ROI
sold by NHASH
BuyListings
Nov 2020930 Gh/s930 W
HNS Logo
68.25HNS
$-0.28 /day
Oct 2020112 Th/s3472 W
BTC Logo
0.00038613BTC
$-0.28 /day
$3,199Never ROI
sold by AKminer
BuyListings
Jul 2020104 Th/s3250 W
BTC Logo
0.00035855BTC
$-0.30 /day
$2,460Never ROI
sold by Million Miner
BuyListings
May 201880 kh/s175 W
BCN Logo
101.69BCN
$-0.34 /day
Nov 201848 Th/s2200 W
DCR Logo
0.1855DCR
$-0.46 /day
Jun 201810 kh/s300 W
ZEC Logo
0.0011ZEC
$-0.53 /day
Oct 20202 Th/s2000 W
HNS Logo
146.78HNS
$-0.60 /day
Apr 2018160 kh/s350 W
BCN Logo
203.38BCN
$-0.66 /day
Jul 2014478 Gh/s366 W
BTC Logo
0.00000165BTC
$-0.67 /day
Feb 20212.7 Th/s2650 W
HNS Logo
198.15HNS
$-0.71 /day
$1,439Never ROI
sold by AKminer
BuyListings
May 2020750 Mh/s1350 W
ETC Logo
0.0909ETC
$-0.76 /day
Dec 2020750 Mh/s1350 W
ETC Logo
0.0909ETC
$-0.76 /day
$7,189Never ROI
sold by Coin Mining Central
BuyListings
Oct 2020100 Th/s3400 W
BTC Logo
0.00034476BTC
$-0.82 /day
$2,699Never ROI
sold by AKminer
BuyListings
May 202095 Th/s3250 W
BTC Logo
0.00032752BTC
$-0.82 /day
$2,489Never ROI
sold by AKminer
BuyListings
Nov 20211.5 Gh/s2350 W
ETC Logo
0.1818ETC
$-0.86 /day
$2,295Never ROI
sold by AKminer
BuyListings
Jun 2020420 kh/s1510 W
ZEC Logo
0.0483ZEC
$-0.89 /day
$4,299Never ROI
sold by AKminer
BuyListings
Apr 2018240 kh/s480 W
BCN Logo
305.06BCN
$-0.91 /day
Jul 202050 Th/s1975 W
BTC Logo
0.00017238BTC
$-0.94 /day
$899Never ROI
sold by AKminer
BuyListings
Jun 201850 kh/s620 W
ZEC Logo
0.0057ZEC
$-0.95 /day
Dec 201953 Th/s2094 W
BTC Logo
0.00018272BTC
$-0.99 /day
$999Never ROI
sold by AKminer
BuyListings
Jul 2018190 Mh/s760 W
ETC Logo
0.0230ETC
$-1.00 /day
Jan 2021100 Th/s3500 W
BTC Logo
0.00034476BTC
$-1.01 /day
Jul 2017280 Mh/s1050 W
LTC+DOGE Logo
LTC+DOGE m Logo

6.45 DOGE

+ 0.0035 LTC

$-1.06 /day
Dec 20141.155 Th/s590 W
BTC Logo
0.00000398BTC
$-1.06 /day
May 202090 Th/s3250 W
BTC Logo
0.00031028BTC
$-1.10 /day
$2,249Never ROI
sold by NHASH
BuyListings
Jul 2018180 Mh/s800 W
ETC Logo
0.0218ETC
$-1.10 /day
Feb 20178.7 Th/s845 W
BTC Logo
0.00002999BTC
$-1.12 /day
Jun 20162.7 Th/s697 W
BTC Logo
0.00000931BTC
$-1.19 /day
Jun 202084 Th/s3150 W
BTC Logo
0.00028959BTC
$-1.26 /day
$2,500Never ROI
sold by Million Miner
BuyListings
Oct 201732.5 Gh/s750 W
DASH Logo
0.0041DASH
$-1.27 /day
Oct 201844 Th/s1980 W
BTC Logo
0.00015169BTC
$-1.29 /day
Sep 201811.5 Th/s1032 W
BTC Logo
0.00003965BTC
$-1.32 /day
Aug 202186 Th/s3268 W
BTC Logo
0.00029649BTC
$-1.36 /day
$5,699Never ROI
sold by Miner Bros
BuyListings
Nov 201820.5 Th/s1323 W
BTC Logo
0.00007067BTC
$-1.37 /day
Jul 201946 Th/s2100 W
BTC Logo
0.00015859BTC
$-1.40 /day
Aug 202188 Th/s3344 W
BTC Logo
0.00030338BTC
$-1.40 /day
$1,899Never ROI
sold by AKminer
BuyListings
Jan 202190 Th/s3420 W
BTC Logo
0.00031028BTC
$-1.43 /day
$2,899Never ROI
sold by AKminer
BuyListings
Dec 201973 Th/s2920 W
BTC Logo
0.00025167BTC
$-1.44 /day
$2,199Never ROI
sold by AKminer
BuyListings
Dec 201828 Th/s1596 W
BTC Logo
0.00009653BTC
$-1.46 /day
Jun 201611.5 Th/s1127 W
BTC Logo
0.00003965BTC
$-1.50 /day
Jul 201916 Th/s1280 W
BTC Logo
0.00005516BTC
$-1.55 /day
Apr 201953 Th/s2385 W
BTC Logo
0.00018272BTC
$-1.55 /day
$6,800Never ROI
sold by BT-Miners
BuyListings
Jan 201943 Th/s2100 W
BTC Logo
0.00014824BTC
$-1.58 /day
Feb 201811.5 Th/s1200 W
BTC Logo
0.00003965BTC
$-1.64 /day
Apr 201956 Th/s2520 W
BTC Logo
0.00019306BTC
$-1.64 /day
Jun 201612.5 Th/s1225 W
BTC Logo
0.00004309BTC
$-1.64 /day
Dec 201823 Th/s1541 W
BTC Logo
0.00007929BTC
$-1.65 /day
Jul 202184 Th/s3360 W
BTC Logo
0.00028959BTC
$-1.66 /day
Sep 201842 kh/s970 W
ZEC Logo
0.0048ZEC
$-1.66 /day
Aug 201913.5 Th/s1280 W
BTC Logo
0.00004654BTC
$-1.69 /day
Apr 201813.6 Th/s1290 W
BTC Logo
0.00004689BTC
$-1.70 /day
May 201813 Th/s1280 W
BTC Logo
0.00004482BTC
$-1.72 /day
Apr 20182.4 Th/s1000 W
DCR Logo
0.0093DCR
$-1.73 /day
May 201814 Th/s1320 W
BTC Logo
0.00004827BTC
$-1.73 /day
May 20184 Th/s1027 W
BTC Logo
0.00001379BTC
$-1.74 /day
Jul 201713.5 Th/s1310 W
BTC Logo
0.00004654BTC
$-1.75 /day
Aug 201814.5 Th/s1350 W
BTC Logo
0.00004999BTC
$-1.76 /day
Jul 201713.5 Th/s1323 W
BTC Logo
0.00004654BTC
$-1.77 /day
Apr 20177.3 Th/s1150 W
BTC Logo
0.00002517BTC
$-1.79 /day
Aug 201931 Th/s1860 W
BTC Logo
0.00010687BTC
$-1.80 /day
Aug 201931 Th/s1860 W
BTC Logo
0.00010687BTC
$-1.80 /day
Nov 2019420 Gh/s2100 W
DASH Logo
0.0529DASH
$-1.85 /day
Dec 202080 Th/s3360 W
BTC Logo
0.00027580BTC
$-1.88 /day
Nov 201964 Th/s2880 W
BTC Logo
0.00022064BTC
$-1.88 /day
Mar 201939 Th/s2150 W
BTC Logo
0.00013445BTC
$-1.90 /day
Jan 2018815 Gh/s1275 W
SIA Logo
208.04SIA
$-1.90 /day
Mar 20221.05 Th/s1200 W
CKB Logo
155.47CKB
$-1.90 /day
Jul 202081 Th/s3400 W
BTC Logo
0.00027925BTC
$-1.91 /day
$1,699Never ROI
sold by AKminer
BuyListings
Jul 202177 Th/s3300 W
BTC Logo
0.00026546BTC
$-1.94 /day
May 201940 Th/s2200 W
BTC Logo
0.00013790BTC
$-1.94 /day
Sep 201813.5 Th/s1418 W
BTC Logo
0.00004654BTC
$-1.95 /day
May 201817.2 Th/s1570 W
BTC Logo
0.00005930BTC
$-2.03 /day
Dec 202076 Th/s3320 W
BTC Logo
0.00026201BTC
$-2.03 /day
Apr 2019135 kh/s1418 W
ZEC Logo
0.0155ZEC
$-2.07 /day
Sep 201820 Th/s1700 W
BTC Logo
0.00006895BTC
$-2.12 /day
Apr 201711.5 Th/s1450 W
BTC Logo
0.00003965BTC
$-2.12 /day
Aug 20182.8 Th/s1230 W
DCR Logo
0.0108DCR
$-2.14 /day
Jan 201810.5 Th/s1432 W
BTC Logo
0.00003620BTC
$-2.15 /day
Oct 202074 Th/s3330 W
BTC Logo
0.00025512BTC
$-2.17 /day
$3,127Never ROI
sold by Coin Mining Central
BuyListings
Oct 201811 Th/s1600 W
DCR Logo
0.0425DCR
$-2.21 /day
Nov 20154.73 Th/s1293 W
BTC Logo
0.00001631BTC
$-2.21 /day
Nov 201715 Gh/s1200 W
DASH Logo
0.0019DASH
$-2.22 /day
Sep 201833 Th/s2145 W
BTC Logo
0.00011377BTC
$-2.24 /day
Aug 201818 Th/s1728 W
BTC Logo
0.00006206BTC
$-2.29 /day
Sep 201944 Th/s2508 W
BTC Logo
0.00015169BTC
$-2.31 /day
May 2019140 kh/s1550 W
ZEC Logo
0.0161ZEC
$-2.31 /day
Aug 201712.5 Th/s1576 W
BTC Logo
0.00004309BTC
$-2.32 /day
Jul 202160 Th/s3000 W
BTC Logo
0.00020685BTC
$-2.34 /day
$1,299Never ROI
sold by NHASH
BuyListings
Oct 201717.5 Gh/s1280 W
DASH Logo
0.0022DASH
$-2.37 /day
Sep 201832 Th/s2200 W
BTC Logo
0.00011032BTC
$-2.39 /day
May 201952 Th/s2800 W
BTC Logo
0.00017927BTC
$-2.41 /day
Jan 2019120 kh/s1550 W
ZEC Logo
0.0138ZEC
$-2.41 /day
Oct 201818 Th/s1800 W
BTC Logo
0.00006206BTC
$-2.43 /day
Sep 201937 Th/s2380 W
BTC Logo
0.00012756BTC
$-2.46 /day
Oct 201816 Th/s1760 W
BTC Logo
0.00005516BTC
$-2.47 /day
Sep 201816 Th/s1767 W
BTC Logo
0.00005516BTC
$-2.48 /day
Dec 201964 Th/s3200 W
BTC Logo
0.00022064BTC
$-2.49 /day
Oct 201719.3 Gh/s1350 W
DASH Logo
0.0024DASH
$-2.49 /day
May 20221.62 Th/s1450 W
LBC Logo
24.57LBC
$-2.50 /day
$1,299Never ROI
sold by NHASH
BuyListings
Oct 201825 Th/s2050 W
BTC Logo
0.00008619BTC
$-2.51 /day
Oct 201765 Gh/s1500 W
DASH Logo
0.0082DASH
$-2.54 /day
Oct 201824 Th/s2035 W
BTC Logo
0.00008274BTC
$-2.54 /day
Oct 201812.8 Th/s1850 W
DCR Logo
0.0495DCR
$-2.55 /day
Aug 201968 Th/s3360 W
BTC Logo
0.00023443BTC
$-2.57 /day
Nov 201953 Th/s2915 W
BTC Logo
0.00018272BTC
$-2.57 /day
Aug 202063 Th/s3276 W
BTC Logo
0.00021720BTC
$-2.69 /day
Aug 202168 Th/s3420 W
BTC Logo
0.00023443BTC
$-2.69 /day
Nov 202066 Th/s3432 W
BTC Logo
0.00022754BTC
$-2.82 /day
Jul 202062 Th/s3348 W
BTC Logo
0.00021375BTC
$-2.89 /day
Jan 201812 Th/s2000 W
BTC Logo
0.00004137BTC
$-3.16 /day
Mar 201812.5 Th/s2050 W
BTC Logo
0.00004309BTC
$-3.23 /day
Sep 201950 Th/s3250 W
BTC Logo
0.00017238BTC
$-3.39 /day
Sep 201855 Th/s3500 W
BTC Logo
0.00018962BTC
$-3.58 /day
Oct 201827 Th/s2835 W
BTC Logo
0.00009308BTC
$-3.90 /day
How do crypto miners generate money?

In simple terms, miners solve complex math problems. A miner performs a very high number of calculations per second (measured in hashes per second, AKA hashrate) and if one of these calculations solves the math problem, the miner is rewarded with coins for their efforts.

These coins can be traded on exchanges and directly with other people for money. It is possible to mine coins with very little monetary value, hence the importance of research and miner selection.

Can anyone mine crypto?

Yes, mining is becoming easier to setup and understand, especially with the proliferation of easy-to-use mining tools and miners that require no electrical setup. However, make sure you understand the risks involved. There are no guarantees in mining, or crypto as a whole.

What are the types of crypto miners?

When bitcoin was launched in 2009, people could mine on their computers. Computers contain a CPU (central processing unit) that provides the processing power necessary for a computer to do work. At the time, you could download the official Bitcoin miner and use your CPU to begin generating coins immediately!

In 2010, the first GPU miner was created, which allowed users to mine at much higher speeds. In the beginning this was roughly six times more efficient than CPU mining. GPU mining soon became the standard as it became more and more difficult to mine with a CPU.

The next major mining innovation came in 2013. Rather than repurpose existing devices, miners created machines with the sole purpose of mining Bitcoin: application-specific integrated circuits (ASICs). The earliest ASIC brands were Canaan, Bitmain and MicroBT. According to calculations, an ASIC bitcoin miner today is 100 billion times the speed of the average CPU back in 2009.

USB miners are technically ASIC miners. Often created by using chips from disassembled ASICs, they have gone through waves of popularity every crypto cycle because of their relatively low price and novelty.

All of the miners above use the proof-of-work consensus mechanism. On the other hand, Helium mining is an innovation that rewards miners not through proof-of-work, but through proof-of-coverage. This means the more network coverage a miner provides, the more rewards they earn.

Where do I store my coins?

The gold standard for storage is buying a hardware wallet. Trezor and ledger are the most common options.

However, there are coins such as Kadena and Handshake that are yet to be supported by either Trezor or Ledger. In this case, you would have to get a software wallet that supports the coin that you are mining.

Where do I exchange my coins for money?

You have two options: using a crypto exchange or trading with another person directly.

Using a crypto exchange is the more straightforward option and recommended for most people. Most exchanges have a know your customer (KYC) process. This means the user must submit their ID, and sometimes other identification details.

You can also use peer-to-peer (P2P) websites to trade crypto directly for cash with other people. While this is better for anonymity, you have perform due diligence as there are many scammers on this site.

Sometimes, people in coin community discords perform escrow services for people trying to exchange coins.

Where can I buy crypto miners?

Check our vendors list. We place a lot of emphasis on trustworthiness, and collect as many reviews as possible, analyzing and parsing out fake reviews with machine learning.

Can I mine crypto on my phone / tablet / laptop?

Yes, you can mine with most laptops. However this is not recommended due to high heat and potential for battery damage.

What is a mining pool?

If a miner chooses to solo mine, they are competing with every other miner in the world to solve blocks. The probability of solving a block yourself is very very low, so much that every time it happens it is a newsworthy event.

This is why most cryptocurrency miners who join their computational resources together: this is a mining pool.

What is cloud mining?

Cloud mining is commonly mistaken to be the same thing as pool mining. This is not the case. In pool mining you own the equipment and have joined up with other miners using pool software.

With cloud mining, you don't own the equipment. You are paying a monthly fee to lease hashrate from an equipment owner (typically a large mining facility), with the hope that the coins earned from the hashrate you lease will cover the monthly fee (or cover the monthly fee later on if you expect the coin value to rise).

What is hosted mining?

Hosted mining is simply when you own an ASIC, however it is set up in a remote facility. This is a great alternative to mining with ASICs at home, as it is convenient (you do not have to set up anything yourself) and likely has a much lower power cost (these facilities are located in low power areas). You pay a monthly fee for this service.

How long does an ASIC machine last?

Newer models are expected to last for five years. It's not uncommon for mining farms to have Antminers S9s, which were released in 2016.