Cryptocurrency mining is the surest way to earn crypto coins. Crypto mining hardware is needed to mine each mineable coin. Every mineable crypto currency has a specific algorithm used to mine the coin from cpu, gpu, ASIC, or cloud mining power.
Cloud mining is buying crypto hashing power from a cloud mining farm. Cloud mining farms are huge warehouses full of crypto mining hardware that sell or rent out the hashing power of their machines. Cloud mining is the easiest way to start mining crypto currencies, but is pricier then buying your own mining hardware and has a longer ROI. The upside to cloud mining is it is a hands off approach and you do not have to deal with the noise, heat, and upkeep of the mining hardware.
Cloud Mining Providers
- Genesis Mining - Genesis Mining is one of the biggest and best cloud mining providers. GM provides many different cloud mining contracts including Bitcoin, Litecoin, Zcash, Dash, and Monero. Use code "Pbf6Jy" for 3% off of all Genesis Mining orders
- Hashflare - Hashflare is another large, long running cloud mining provider that offers smaller cloud mining contracts than Genesis Mining. Hashflare provides many different cloud mining contracts including Bitcoin, Litecoin, Zcash, Dash, and Monero. Use code "478CC13F" for 10% off of all Hashflare cloud mining contracts.
Crypto Mining Hardware
GPU's and ASIC's are the best crypto mining hardware to buy. If you want to mine Bitcoin or Litecoin you will need an ASIC miner that is based on the algorithm of the coin you want to mine. Ethereum and Zcash can be mined with a GPU.
GPU's For Crypto Mining
ASIC Mining Hardware
ASIC miners are special hardware designed specifically to mine on a specific algorithm. ASIC's are required to turn a profit when mining certain coins. These coins include Bitcoin, Litecoin, DASH, and other coins. ASIC mining hardware usually consume larger amounts of electricity to achieve their high hashrates.
Ethash ASIC Miner – Antminer E3
Bitmain’s Antminer E3 Ethereum ASIC miner is here! This ETH ASIC hashes the Ethash algo at 180 MH/s while consuming 800w. They appear to be back in stock to order right now for $800!
Antminer E3 Specs
- Algorithm: Ethash
- Power consumption: 800w
- Hashrate: 180 MH/s
Cryptonight Algorithm ASICs
Cryptonight mining ASICs are here. CPU and GPU cryptonight mining is dead with the arrival of these ASICs.
Bitmain Antminer X3:
- Hashing algorithm: CryptoNight
- Power consumption: 550W
- Hashrate: 220KH/s
- Hashing algorithm: CryptoNight
- Power consumption: 60W
- Hashrate: 20KH/s
- Hashing algorithm: CryptoNight-lite
- Power consumption: 60W
- Hashrate: 40KH/s
Innosilicon A4+ Scrypt ASIC Miner
The Innosilicon A4+ Scrypt ASIC miner provides a jump in efficiency over previous version Scrypt ASIC miners hashing at 620 Mh/s @ 750W. How does it stack up against the Antminer L3+ scrypt ASIC miner? Check out the video to learn the results!
- Part Number:INNOSILICON A4+ LTCMaster
- Hashrate:620Mh/s (+-8% performance, can be over-clocked at user’s risk)
- Power Consumption:750W (+/-8%, normal mode, at the wall, with 93% efficiency PSU, 25°C temperature )
- Net Weight:4.2KG (without PSU)
- Required rated PSU:1000W or above, 9 * PCI-E 6Pin
- Cooling:air-cooled with 2 fans
- Internet connection:Ethernet
- Power supply connection:2 PCIE port per power board.
40% Price Drop On Hashflare Scrypt Contracts
Due to the latest trends in the crypto and hardware market, Hashflare has dropped the price of their Scrypt cloud mining contracts by over 40%. This means the new mining contract price will be just $4.20 per 1 MH/s! Hashflare seems to adjust prices on their cloud mining contracts every month, so take advantage of the huge drop in price while you can!
10% Discount Code thru Feb. 18
For Valentines Day, Hashflare is offering a 10% off discount codes on all contracts. From February 13 to February 18 you can use code "HF18SVALDAY" to take 10% off all your Hashflare mining contract upgrades.
Nicehash Hack Reimbursement
Nicehash will begin reimbursing hacked funds on Feb. 2, 2018. If you had a balance on Nicehash, you can enter the repayment program starting Febuary 2, 2018. Nicehash will move over your old balance to your current balance in parts.
Hashflare Mining Contracts: Most Profitable To Least Profitable
Hashflare offers many different cloud mining contracts including Sha256, Scrypt, Ethash, and Equihash. I wanted to find out which one of these contracts is the most profitable. For these profitability calculations, I used the closest to $1,000 of hash power without going under $1,000 for each cloud mining contract offered on Hashflare with BTC at $11,285 on January 22, 2018. The profitability calculations will vary with the price of the coin being mined and difficulty adjustments, but as of the time I took the calculations, this is what I found to be the most profitable cloud mining contracts at Hashflare.
Hashflare Ethash (ETH) Mining Contracts
Based on current market conditions Hashflare Ethash cloud mining contracts mining ETH are the most profitable. $1,012 gets you 46 MH/s of Ethash mining power. This amount of hash power at current conditions makes around $5.19/day, $155.73/month with a break even of 194.95 days.
Hashflare SHA256 (BTC) Mining Contracts
Hashflare SHA256 contracts mining BTC comes in as the second most profitable cloud mining contract at current market conditions. $1,012 gets you 4.6 TH/s of SHA256 mining power. After subtracting the maintenance fee for SHA256 contracts, this amount of hash power earns about $4.28/day, $128.32/month, with a break even of 236.6 days.
Hashflare Equihash (ZEC) Mining Contracts
Coming in at number three is Hashflare’s Equihash mining contracts mining ZEC. $1,000 of Equihash mining power gets you 500 H/s on Hashflare. Based on current market conditions, 500 H/s mining ZEC makes around $3.80/day, $113.93/month, with a break even of 263.32 days.
Hashflare Scrypt (LTC) Mining Contracts
Hashflare Scrypt contracts switch to most profitable coin so earnings should be higher than listed. These calculations are solely based on mining LTC. $1,050 will get you 140 MH/s of Scrypt mining power. Based on current market conditions and subtracting the maintenance fee, 140 MH/s mining only LTC makes around $2.99/day, $89.75/month, with a break even of 350.97 days.
Nicehash is now back up and running. Will Nicehash Reinburse stolen funds? Is Nicehash safe to use now?
Nicehash Has Been Hacked
Nicehash is down due to being hacked. Are all customers mining profits lost?
Take up to 80% off Hashflare cloud mining contracts thru December 4th.
Discount code: 478CC13F
Cloud Mining Black Friday Deals
Hashflare Black Friday sale is here. Get up to 75% cloud mining contracts. https://hashflare.io/r/478CC13F Discount Code: 478CC13F
X11: $0,8 (-75%)
EQUIHASH: $1.3 (-35%)
ETHASH: $1.65 (-25%)
Scrypt: $5.6 (-25%)
SHA-256: $1.4 (-5%)
Bitcoin Gold (BTG) is Live
How profitable is it to mine BTG? I break down the profits from BTG mining in this video.
L3+ Litecoin ASIC Miner Profits in Late 2017
How profitable is the Antminer L3+ in late 2017 when mining Litecoin (LTC)? Watch the video to see the full L3+ profitability breakdown.
Antminer D3 Profitability
Is the Antminer D3 still profitable in late October 2017 and beyond? Current profits calculated and future profits predicted for the Antminer D3 DASH x11 ASIC miner.Join Bitconnect HERE
Hashflare Scrypt Cloud Mining Contracts
Hashflare's Scrypt cloud mining contracts have gotten more profitable. Scrypt mining contracts will now automatically switch to the most profitable coin, making the cloud mining contracts more profitable. Secondly, Hashflare’s Scrypt cloud mining fee is being cut in half. Hashflare says, “We’ve got some excellent news to share. First, we’re glad to announce that starting from 19.10.17 you will be able to use our new Scrypt multipool that will make HashFlare mining even more profitable. Pool’s algorithm will automatically allocate hashing power to mine a variety of currencies, focusing on the most profitable at the moment of mining. Second, the restructuring of contracts, which happened in August, allowed us to reduce some of our costs. Along with the new multipool, Scrypt maintenance fee will be cut down in half. What does it mean? Taking today’s statistics, lowered maintenance fee and new multipool into the account, the payback period of your Scrypt contracts reaches 200 days!”Join Hashflare HERE
The Best x11 ASIC Miner
The Antminer D3 Dash x11 ASIC miner is advertised at 15 GH/s at 1200 watts. Results are in and the Antminer D3 performs almost 20% better! 17.5+ GH/s at under 1000 watts.