Top 10 Best Bitcoin Mining Rigs of 2024: Leading in Cryptocurrency Earnings

Over the past month, bitcoin’s valuation has seen a notable increase, leading to significantly higher profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024, the top ten ASIC miners focused on the SHA256 consensus algorithm are generating daily earnings ranging from $10 to $21, assuming electricity costs of $0.12 per kilowatt hour (kWh).

Top Bitcoin Miners of 2024

Bitcoin miners are doing much better than in 2022, with current data indicating that 21 ASIC mining rigs are making profits of $5 or more per day. As of now, leading the pack in terms of daily earnings is Microbt Whatsminer M63S, which achieves 390 terahash per second (TH/s) of SHA256 hashing power.

Released in November 2023, the water-cooled M63S is estimated to generate $23.46 per day, based on today’s BTC values ​​and an electricity rate of $0.12 per kilowatt hour (kWh). All of the top ten bitcoin mining ASIC devices were launched in 2023 and 2024.

Claiming second place in terms of profitability is Bitmain’s Antminer S21 Hydro, which offers 335 TH/s. The water-cooled S21 version is currently estimated to deliver a daily profit of $20.84, with electricity costs set at $0.12 per kWh, having been launched on the market in February 2024.

In third place in terms of earnings is the Whatsminer M63 made by Microbt, with an output of around 334 TH/s and daily profits estimated at $17.03 at the same cost of electricity. Positions four and five for profit are occupied by Microbt’s Whatsminer M66S and M66 models.

The M66S offers 298 TH/s, which translates to approximately $16.39 in daily earnings, while the M66 provides approximately 280 TH/s, resulting in an estimated daily earnings of $14.27. From sixth to eighth place in terms of profitability are occupied by Bitmain Antminer S19 XP Hydro ($12.34/day), Antminer S21 ($11.58/day) and Antminer T19 Pro Hydro ($10.56/day) .

Ninth and 10th place go to Microbt’s Whatsminer M60S (186 TH/s) and Bitmain’s Antminer T21 (190 TH/s), both with estimated daily profits of between $10.23 and $10.18. Microbt and Bitmain are the predominant brands among the top 13 devices, while Canaan’s Avalon A1466 is the 14th most profitable ASIC miner.

The A1466, capable of 150 TH/s, is estimated to bring in $6.94 per day, considering an electricity cost of $0.12 per kWh. At the end of the list, as of March 16, 2024, is Bitmain’s Antminer S19j, with a hashing power of 90 TH/s, generating approximately $0.39 per day.

What do you think of the ten most profitable bitcoin miners on the market as of March 16, 2024? Share your thoughts and opinions on this topic in the comments section below.

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