Today’s Best Ethereum and Bitcoin Mining Devices Continue to Profit – Mining Bitcoin News

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While the crypto economy sits at just under $2 trillion, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can net $51.58 per day in profit. SHA256 bitcoin miners who can process at speeds of up to 110 terahash, can earn $13.74 a day in bitcoin profits.

Crypto miners continue to generate profits, the best Ethereum mining rig can generate an estimated profit of $51 per day

The price of bitcoin (BTC) is still down around 40% since the all-time high for the crypto asset (ATH) and ethereum (ETH) lost 37% against the US dollar since ATH of cryptocurrency. Despite the decline in value, bitcoin and ethereum miners are still making decent profits as both networks have seen their hashrate hit ATHs in 2022.

Bitcoin’s hashrate has exceeded 200 exahash per second (EH/s) and Ethereum’s hashrate is 1.12 petahash per second (PH/s). As of mid-April 2022, the most profitable crypto asset to mine between the two major crypto assets is Ethereum.

Today's Top Ethereum and Bitcoin Mining Devices Keep Profiting
Top Ethereum (ETH) miners as of mid-April 2022.

For example, a single Innosilicon A11 Pro ether mining rig, which processes the Ethash algorithm at 1.5 GH/s with electricity costs of $0.12 per kilowatt hour (kWh), can generate profits estimated at $51.58 per day. This mining rig, however, purchased directly from Innosilicon will cost the buyer $18,888 or 0.468090 BTC, at the time of writing.

A single Innosilicon A10 Pro+ (0.7 GH/s) ether mining device will cost $9,000 or 0.223042 BTC, according to the company’s website. After considering the purchase price, a single Innosilicon A10 Pro+ at 0.7 GH/s or 700 megahash per second (MH/s) can qualify for $25.28 per day.

Today’s Top Bitcoin Mining Rigs Still Profitable, Next-Gen SHA256 Machines To Hit Public In Q3 Kadena, Scrypt, profit from X11 miners

The most profitable bitcoin miner as of mid-April 2022 is the Bitmain Antminer S19 Pro, a machine that processes the SHA256 consensus algorithm at 110 terahash per second (TH/s). Using today’s bitcoin (BTC) exchange rates, a single Antminer S19 Pro will generate $13.74 in profit per day.

Microbt’s Whatsminer M30S++ with 110 TH/s gets $13.52 per day using today’s BTC exchange rates and electricity costs at $0.12 per kWh. At press time, an Antminer S19 Pro costs $9,460 per unit and the Whatsminer M30S++ costs $7,997 per unit.

Today's Top Ethereum and Bitcoin Mining Devices Keep Profiting
The best bitcoin (BTC) miners as of mid-April 2022.

Just recently, Bitmain announced the launch of two new bitcoin (BTC) miners called Antminer S19 XP (140 TH/s) and Antminer S19 Pro+ Hyd (198 TH/s). The S19 XP using current BTC exchange rates and electricity costs at $0.12 per kWh, can benefit from $20.73 per day.

While Bitmain’s S19 Pro+ Hyd, using the same numbers, is currently eligible for $25.89 per day. In addition to Bitmain, Microbt unveiled a new bitcoin miner called the Whatsminer M50S (126 TH/s) and M50 (114 TH/s). According to the two mining manufacturers, the S19 XP, S19 Pro+ Hyd, M50S and M50 will ship in the third quarter of 2022.

Besides Ethash and SHA256 miners, ASICs that can mine Kadena, Scrypt, and X11 are also profitable. Kadena miners mine KDA, while Scrypt devices can mine Litecoin (LTC), Dogecoin (DOGE), Digibyte (DGB), and a few others. While X11 machines can mine dash (DASH), cannabiscoin (CANN) and ax (AXE).

Kadena ASIC miners can get around $50.05 per day and a Scrypt miner can get around $51.11 per day. A high-end X11 mining rig can produce around $16.96 per day using current exchange rates and $0.12 per kWh in electricity costs.

Keywords in this story

Algorithm, ASIC, ASIC Miners, Bitcoin (BTC), Bitcoin Mining, Bitmain, Consensus Algorithm, Devices, Ethereum (ETH), Ethereum Mining, Hashrates, Innosilicon, kadena, machines, Microbt, Miners, mining, mining manufacturer , Mining Profits, Profitable, Profits, Scrypt, X11

What do you think of today’s top machines and top crypto assets that are still profitable to mine? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the news manager for Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 5,000 articles for Bitcoin.com News about disruptive protocols emerging today.




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