Bitcoin continues to dominate the cryptocurrency landscape, representing nearly half of the total digital asset market capitalization. As a decentralized network, Bitcoin relies on miners to validate transactions and secure the blockchain. These miners use specialized hardware—known as ASIC (Application-Specific Integrated Circuit) mining rigs—designed specifically for high-efficiency cryptocurrency mining. In this guide, we explore the top 10 Bitcoin mining rigs available in 2024, evaluating them based on hash rate, power efficiency, price, and overall performance.
All devices listed support the SHA-256 algorithm, making them suitable for mining Bitcoin (BTC), Bitcoin Cash (BCH), and other compatible proof-of-work cryptocurrencies.
1. Bitmain Antminer S21 Hyd – The Pinnacle of Water-Cooled Efficiency
The Bitmain Antminer S21 Hyd stands at the forefront of modern mining technology. With a staggering 335 TH/s hash rate and a power consumption of 5,360W, this water-cooled miner delivers unmatched performance. Its advanced cooling system ensures stable operation even under continuous load, making it ideal for large-scale mining farms.
Despite its high energy draw, the S21 Hyd is currently the most profitable Bitcoin miner on the market when electricity costs are optimized. Bitmain is reportedly developing an even more efficient successor, which could soon redefine industry standards.
👉 Discover how next-gen mining efficiency can boost your returns
2. Bitmain Antminer S19j Pro+ – Best All-Around Performance
The Antminer S19j Pro+ offers a balanced blend of power and efficiency with a 120 TH/s output and 3,355W power draw. Powered by Bitmain’s proprietary BM1397 chip built on 7nm technology, it achieves excellent energy efficiency at just 27.9 J/TH.
Priced under $2,000, it remains one of the most cost-effective options for both beginners and experienced miners. Its reliability, widespread availability, and strong resale value make it a top choice in 2024.
3. Bitmain Antminer S21 – Maximum Hash Power
As the flagship model in Bitmain’s 2024 lineup, the Antminer S21 delivers up to 360 TH/s, making it the most powerful miner on this list. However, its premium performance comes with a premium price tag—over $5,000—and optimal efficiency is only achieved in cooler environments (0–30°C).
Operating outside this temperature range can significantly increase power consumption, so climate control is essential for maximizing profitability.
4. Bitmain Antminer S19 XP Hyd – High-Performance Hydro Model
The Antminer S19 XP Hyd combines brute force with intelligent design. It achieves 255 TH/s at 5,346W, making it one of the few miners that remain profitable at current BTC prices and average electricity rates ($0.12/kWh).
Its water-cooled design reduces noise and heat output, while the user-friendly interface provides real-time monitoring of temperature, fan speed, and hash rate. This makes it ideal for both solo miners and commercial operations.
5. MicroBT Whatsminer M50S – Energy-Efficient Competitor
The MicroBT Whatsminer M50S challenges Bitmain’s dominance with a 26 J/TH efficiency rating and a hash rate of 126 TH/s. Built using Samsung’s 5nm chip technology, it delivers high performance while minimizing electricity costs.
It directly competes with the Antminer S19j Pro+, offering slightly better efficiency at a comparable price point. For miners focused on long-term savings, the M50S is a compelling alternative.
6. Bitmain Antminer S19 XP – Reliable and Scalable
The Antminer S19 XP features the BM1397B ASIC chip, delivering up to 140 TH/s with efficient power usage. Its excellent connectivity allows seamless integration into multi-rig setups, making it perfect for mining pools.
Whether you're securing the Bitcoin network or mining other SHA-256 coins like Dogecoin or Litecoin, the S19 XP offers consistent performance and broad compatibility.
👉 See how scalable mining solutions can grow your crypto earnings
7. MicroBT Whatsminer M30S++ – Proven Workhorse
Though released three years ago, the Whatsminer M30S++ remains a solid performer with a 112 TH/s output and 34.5 J/TH efficiency. Its durability and consistent returns have earned it a loyal user base.
While newer models outperform it, the M30S++ is still a great option for budget-conscious miners seeking reliable hardware with low failure rates.
8. MicroBT Whatsminer M63S – Next-Gen Powerhouse
The Whatsminer M63S represents MicroBT’s latest advancement in SHA-256 mining. With a hash rate ranging from 360 to 390 TH/s and a power draw of 7,215W, it's among the most powerful miners available.
Designed for rack-mounted, water-cooled installations, it operates efficiently between 5°C and 35°C. However, its high cost—between $9,720 and $10,530—makes it best suited for institutional or industrial-scale operations.
9. Canaan Avalon A1566 – Compact and Efficient
The Canaan Avalon A1566 offers 185 TH/s at 3,420W, achieving an impressive 18.5 J/TH efficiency. It features a dual-fan air cooling system, weighs just 14.9 kg, and operates in temperatures from -5°C to 35°C.
Designed for large-scale deployments, it comes with a 360-day warranty for direct buyers. Shipping is scheduled for Q1 2025, positioning it as a strong contender in the next wave of mining hardware.
10. Canaan Avalon Made A1466 – Value-Oriented Mining Solution
The Avalon Made A1466 delivers 150 TH/s at 3,230W, with a power efficiency of 21.5 J/TH. While not as efficient as top-tier Bitmain or MicroBT models, it offers solid performance at a competitive price.
As Canaan continues to close the gap with industry leaders, the A1466 serves as a reliable entry point for miners looking to diversify their hardware portfolio.
Is Bitcoin Mining Profitable in 2024?
Bitcoin mining profitability hinges on several key factors:
- Bitcoin price
- Electricity cost
- Mining difficulty
- Hardware efficiency
As of 2024, most modern ASIC miners remain profitable—especially in regions with low electricity costs (below $0.08/kWh). During the 2022–2023 bear market, many rigs became unprofitable, leading some to question if crypto mining was "dead." However, with BTC’s recovery and advancements in hardware efficiency, mining has rebounded as a viable income stream.
That said, high electricity prices or outdated equipment can quickly erode profits. Always calculate your break-even point before investing.
Frequently Asked Questions (FAQs)
What is the best Bitcoin miner in 2024?
The Bitmain Antminer S19j Pro+ is widely regarded as the best overall miner due to its balance of performance (up to 122 TH/s), energy efficiency (27.9 J/TH), and affordability (under $2,000).
Can I still mine Bitcoin profitably at home?
Yes, but only with efficient hardware and access to cheap electricity. Home mining is most viable with low-noise models like the S19 XP Hyd or M50S, especially if you’re part of a mining pool.
Do I need special cooling for these miners?
Most high-performance ASICs generate significant heat. Air-cooled models require proper ventilation, while water-cooled units (like the S21 Hyd or S19 XP Hyd) are better suited for enclosed or indoor spaces.
How long does it take to mine one Bitcoin?
With current network difficulty, a single Antminer S19j Pro+ would take approximately 8–10 years to mine one BTC solo. Most miners join pools to receive regular, smaller payouts.
Are older miners like the M30S++ still worth buying?
Yes—if purchased at a discount. While less efficient than newer models, older rigs like the M30S++ can still be profitable in low-cost electricity regions.
Should I build my own mining rig?
Building a custom GPU rig is complex and no longer practical for Bitcoin mining. ASICs are purpose-built and far more efficient. For beginners, purchasing pre-assembled hardware from trusted manufacturers like Bitmain or MicroBT is strongly recommended.
👉 Learn how professional-grade tools can simplify your crypto journey
Final Thoughts
The Bitcoin mining landscape in 2024 is more competitive than ever. With rapid advancements in chip technology and cooling systems, today’s top miners offer unprecedented efficiency and power. Whether you're launching a small home setup or scaling an industrial farm, choosing the right hardware is crucial.
Key considerations include hash rate, energy efficiency (J/TH), noise levels, and initial investment cost. By aligning these factors with your local electricity rates and long-term goals, you can build a sustainable and profitable mining operation.
As innovation continues—especially from challengers like Canaan—the future of Bitcoin mining looks brighter than ever.
Core Keywords: Bitcoin miner, ASIC miner, SHA-256 mining rig, hash rate, power efficiency, crypto mining profitability, Antminer S19j Pro+, Whatsminer M50S