Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

According to statistic from mid-May 2023, 18 antithetic application-specific integrated circuit (ASIC) bitcoin mining devices are profitable utilizing today’s bitcoin speech rates. Additionally, the apical bitcoin mining machines contiguous are made by 3 salient ASIC manufacturers, arsenic fabrication contention these days is limited.

18 ASICs Profit With Electricity Costs astatine $0.12 per kWh and Today’s Bitcoin Exchange Rates

The mean hashrate of the Bitcoin blockchain implicit the past 2,016 blocks stands astatine astir 353.9 exahash per second (EH/s) astatine present. In an awesome feat this month, connected May 2, 2023, astatine artifact tallness 787,895, the web reached an unprecedented highest of 491.15 EH/s. Meanwhile, the terms of bitcoin (BTC) has been steadily hovering somewhat beneath the $27K mark. Real-time mining rig data gathered from asicminervalue.com reveals that determination are 18 profitable SHA-256 ASIC miners successful cognition utilizing existent BTC speech rates.

The apical six astir profitable bitcoin mining rigs according to asicminervalue.com.

Given the present worth of BTC and the accelerated surge successful hashrate, 1 mightiness expect a multitude of ASIC manufacturers to beryllium actively crafting precocious mining rigs successful 2023. Surprisingly, however, the scenery is dominated by conscionable 3 salient ASIC fabricators exclusively focused connected designing mining rigs for bitcoin extraction: Bitmain, Microbt, and Canaan. All 18 of the starring ASIC bitcoin miners, compatible with SHA-256 and presently generating profits, originate from these 3 manufacturers.

The apical 3 astir salient bitcoin mining rig producers successful 2023.

The Top 6 Most Profitable ASIC Bitcoin Miners connected the Market successful 2023

The apical bitcoin mining rig is the Bitmain Antminer S19 XP Hydro, boasting a hashrate of 255 terahash per 2nd (TH/s). With its constitution dating backmost to 2013, Bitmain has cemented its beingness successful the manufacture implicit the years, manufacturing 10 retired of today’s apical 18 ASIC miners. Taking into relationship existent BTC speech rates, information reveals that the S19 XP Hydro yields an estimated regular nett of astir $9.29, factoring successful an energy outgo of $0.12 per kilowatt hr (kWh).

The Bitmain Antminer S19 XP Hydro (pictured left) and the Antminer S19 XP (pictured right).

In adjacent pursuit, the Antminer S19 XP, producing 140 TH/s, firmly secures its presumption arsenic the 2nd astir lucrative ASIC rig. The S19 XP rakes successful an estimated regular nett of $4.82 portion upholding the aforesaid energy costs. Trailing intimately down is Microbt’s Whatsminer M56S, commanding 212 TH/s and claiming the spot arsenic the 3rd astir profitable bitcoin miner successful the existent market. Projections suggest that the M56S yields a regular nett of $4.44.

The Microbt-brand Whatsminer M56S (pictured left) and the Canaan Avalon-made A1366 (pictured right).

Following suit, the Antminer S19k Pro produces a hashrate of 136 TH/s, portion the Antminer S19 Pro+ Hydro clocks successful astatine 198 TH/s. These 2 miners are estimated to make a regular nett ranging from $3.40 to $3.70. The 5th astir profitable ASIC mining rig is Canaan’s Avalon A1366 which produces 130 TH/s. At $0.12 per kWh, the Avalon A1366 gets an estimated $3.17 per time successful profit.

With energy costs acceptable astatine $0.12 per kilowatt hr (kWh) and considering the prevailing BTC prices, a full of 18 mining devices beryllium to beryllium profitable. However, if the energy complaint drops beneath $0.12 per kWh, a broader scope of machines with little terahash outputs go financially viable.

While the planetary mean energy complaint hovers astir $0.14 per kWh, there’s a decent magnitude of countries, including Iran, Cambodia, Afghanistan, Belarus, Cape Verde, Brazil, Central African Republic, Bhutan, and Azerbaijan, among others, wherever energy rates scope from $0.01 to $0.05 per kWh.

What are your thoughts connected the existent scenery of Bitcoin mining and the dominance of a fewer large manufacturers? Share your insights and opinions successful the comments conception below.

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