What Kind of Mining Machine is Good for Beginners?

According to reports in the cryptocurrency industry, the difficulty of Bitcoin

What Kind of Mining Machine is Good for Beginners?

According to reports in the cryptocurrency industry, the difficulty of Bitcoin mining has reached a historic high of 2T and has already exceeded a height of about 33,000M. However, for most investors, this is just a speculative market trend that has caught their interest. Many beginners who buy machines are not familiar with the technology and are not adept at purchasing ASIC models. Moreover, due to the differences in computing power, more time and effort need to be invested in the research process during the purchase. Therefore, it is recommended to invest in some new products or established brands for mining. So, what kind of mining machine is good to buy now? Personally, I think it is more suitable for beginners to choose an experienced and reputable company—Antminer S19 series under HuobiGlobal. Depending on one’s own situation, the purchase prices can be divided into three ranges: A1: 25,000 RMB per unit, B5: $15,000-$5,000 per unit, C6: $2,000-$8,000 per unit. (BlockBeats)

What kind of mining machine is good

According to the official website of Little Deer Mining Pool, when mining Bitcoin started in the second half of 2019, many new machines had already appeared on the market. However, whether it is the older models like Antminer S19 or Shenma M30s series or first-generation second-hand mining machines, it is difficult to find them at cheap prices.

For ordinary people, the cost of purchasing mining machines and electricity bills are both high (e.g., a 7kW Antminer T17+), and the prices are also high. But if you want to choose a professional cryptocurrency mining company, it is best to choose TSMC A8 or Avalon B9 as the main manufacturers. Because the market currently has high demands for cryptocurrency mining equipment, many investors often use coins with high price fluctuations as references for buying or selling. So, what kind of mining machine is good? The answer is, of course, a machine with high computing power that cannot mine new tokens.

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