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BTC mining equipment ‘out of stock’ worldwide – 6 Chinese mining rig manufacturers dominate the ASIC industry in 2021 – mining bitcoin news


While bitcoin prices have declined in value and high network difficulty, according to current data the major crypto asset is still quite profitable for me. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines.

Microbat, Bitmain sells the most profitable bitcoin miners on the market, but the product is sold across the board.

Bitcoin (btc) There has been some significant loss in prices during the past two weeks, but network participants, particularly Bitcoin Minors, continue to support the cryptocurrency network. Bitcoin miners have to invest a lot of capital and a great deal of ASIC to compete with the industrial momentum and innovation that has occupied the region. In the early days, a large number of ASIC manufacturers existed, but these days, there is only a small pack of mining rig manufacturers producing these devices.

BTC mining equipment 'out of stock' worldwide - 6 Chinese mining rig manufacturers dominate the ASIC industry in 2021
The bitcoin ASIC mining statistics for this post were recorded using current bitcoins on Sunday, May 23, 2021 (B T c) Exchange rates, $ 0.12 per kWh-hour, and data from asicminervalue.com to quote profitability for the single mining equipment mentioned in this post.

Top cryptocurrency ASIC manufacturers in 2021 include companies such as Microbt, Bitmain, Canaan, Innosilicon, Strongu and Ebang. As far as the most powerful and most profitable ASIC bitcoin mining rig is concerned, similar to the 2020 figures, Microb and Bitmain dominate the market this year.

Data shows that the Microbt-built Whatsminer M30S ++ produces about 112 terahash per second (TH / s), and uses about 3,472 watts of energy from the wall. Using today B T c The exchange rate and the power rate of about $ 0.12 per kilowatt-hour (kWh), a single M30S ++ released in October 2020, makes about $ 11.11 per day.

BTC mining equipment 'out of stock' worldwide - 6 Chinese mining rig manufacturers dominate the ASIC industry in 2021
The English version of the Microbt website suggests that Whatsminer products are currently being sold across the board.

A single Whatsminer M30S ++ is not cheap as the company sells machines for $ 17,240 per unit. Each series of Whatsminers is currently sold from the official manufacturer (Microbt) and the only way to obtain them is through secondary markets. The official distributor Microbt has made several deals with institutional buyers who have purchased thousands of these machines.

Another major power in the ASIC manufacturing world is Bitmain. The company is one of the oldest bitcoin mining rig manufacturers and its track record shows that it has consistently produced some of the most profitable machines in the world year after year. In 2021, Bitman was also sold with all the Entminer series mining rigs he had built, as institutional buyers bought thousands of Entminers from a Chinese firm.

BTC mining equipment 'out of stock' worldwide - 6 Chinese mining rig manufacturers dominate the ASIC industry in 2021
Bitman is currently out of stock on Sunday, May 23, 2021.

In press time, BitMan’s top machine, the BitMan Entminer S19 Pro, gets a profit of around 110 TH / s and $ 11.38 per day, paying $ 0.12 per kWh. Bitman also has another model called the S19j Pro (100 TH / s) and while paying $ 0.12 per kWh, a S19j Pro Minor should get a profit of about $ 7.61 per day.

The Bitman S19j models are out of stock and the company’s website does not show how much a unit can cost from an official distributor. Like the M30S ++, the second market price shows that the S19j machine sells for $ 17k per machine.

Canaan, Innosilicon, Strongu, and Abang,

Canaan still has one of the top machines today, as the firm’s AvalonMiner 1246 produces around 90 TH / s and draws about 3,420 watts from the wall. Canaan recently celebrated its eighth anniversary and has been competing against firms such as Bitman for a long time. AvalonMiner 1246 was released in January 2021 and as usual the company does not list prices on the website.

BTC mining equipment 'out of stock' worldwide - 6 Chinese mining rig manufacturers dominate the ASIC industry in 2021
Nasdaq-listed mining manufacturer Canaan does not say that it is out of stock on the website, however, Canaan does not disclose the prices of the ASIC mining rig and interested customers must first email a Canaan consultant.

To find out how much AvalonMiner 1246 is from the official distributor, an interested customer must fill out a consultation form. Canaan’s website does not say that the company is “out of stock” or “sold out”, but “business collaboration and product consulting” is the only way to find out. Other market prices show the AvalonMiner 1246 selling above $ 9k to $ 12k per unit. Using current B T c An exchange rate and an electrical cost of about $ 0.12 per kWh, a single AvalonMiner 1246 should get a profit of about $ 7.12 per day.

Bitcoin mining machines made by some other firms are still profitable B T c Exchange rates. Strangue’s Hornbill H4, released in October 2020, produces about 4 TH / s and can fetch around $ 6.37 per day. As far as hash rate is concerned, both Innosilicon and Ebang have low-level models but they are still profitable. The Innosilicon T3 + produces around 52 TH / s which can fetch $ 3.47 every 24 hours. Ebang’s Ebit E12 + is about two terahash less at 50 TH / s and produces $ 2.59 per day.

The above six ASIC mining rig manufacturers are the top five producers today. Any company below six bitcoin mining device producers has a long way to go to break into the current dominance of these firms. Like Chinese mining pools occupying a large percentage of the global SHA256 hashrate, China’s ASIC manufacturers also order the world’s machines to be released.

What do you think about the top five ASIC mining manufacturers and the machines they produce? Tell us what you think about this topic in the comments section below.

Tag in this story

Entrepreneur, ASIC device, ASIC Machines, ASIC Miners, Avalonaminer, Bitcoin, Bitcoin (btc), Bitcoin miner, Bitcoin mining rigs, Bitman, Canaan, China, Sugar manufacturer, Sugar manufacturer, Ebang, Ebit E 12+, hash rate, Hornbill h8, Inosilicon, M30S ++, Microbe, Mining rig manufacturer, S19 Pro, S19j, SHA256, Strong, T3, Whatminer

Image credit: Shutterstock, Pixabay, Vicky Commons, Bitman, Canaan, Microbut, Ebang, Strongu, Innosilicon,

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