Bitmain Antminer S9

When compared to the S7, it is 2.5times more power efficient and consumes only 300w more. The difficulty of mining Bitcoin steadily grew and the price of Bitcoin plummeted. Lately, however, Bitcoin transaction fees have been rising and an additional 1-2 bitcoins are collected per block by pools.
Best Bitcoin Mining Hardware. Setting them up via the MinerLink GUI is a simple process, requiring only your mining pool credentials to begin mining. It is therefore not clear why the company decided to market this device, which has much lower performance and efficiency than the current best ASIC s for bitcoin mining.
Right now, this is the Halong Mining Dragonmint T1 Since miners use a large amount of electricity, you want to buy one that converts the most amount of electricity into bitcoins. Antminer S9 is an ASIC miner produced by a company called Bitmain. Many people read about mining pools and think it is just a group that pays out free bitcoins.

Bitcoin is based on blockchain technology, a decentralized platform which takes power away from a central authority and gives it to the average person. Slush Pool was the first mining pool and currently mines about 11% of all blocks. This ASIC is profitable not only for mining on a large scale, but for the individual miner as well.
The latest version of this software is Bitcoin Miner 1.27.0. Computer House cannot guarantee the hash rate of miners thus the advertised Hash Rate is that of the manufacturer. That, combined with the introduction of more efficient miners, was a perfect storm that led to a huge value decay in the S9.
The S9 was renowned as the most efficient ASIC miner on the market. Electricity in China is very cheap and has allowed Chinese Bitcoin miners to gain a very large percentage of Bitcoin’s hash power. At the moment, Bitmain utilizes ASCIC technology to make its Antiminer hardware so that they can perform at optimum levels.

The AntMiner S9 can be set up with three mining pools with decreasing priority from the first pool (pool 1) to the third pool (pool 3). The pools with low priority will only be used if all higher priority pools are offline. If you own a PSU of an old Bitcoin miner you might be able to use that as well.
Disclaimer: Results from mining calculator are estimation based on the current difficulty, block reward, and exchange rate for particular coin. The size of mining pools is constantly changing. It uses close to 0.1 Joules per Gigahash and the total power consumption is expected to be around 1350 W. The Antminer S9 will produce a lot of heat, hence it is important to place it in a separate location.

ViaBTC is a somewhat new mining pool that has been around for about one year. If you’re a hobby miner who wants to buy a couple rigs for your house, eBay and Amazon both have some decent deals on mining hardware. The AntMiner X3 is a CryptoNight ASIC miner from Bitmain.