Mining has been one of the most booming businesses nowadays and with this, almost everyone has started to get into the mining cryptocurrency which has led GPU and ASIC in demand for mining Bitcoins. As a matter of fact, Antminer from Bitmain is the most profitable ASIC miner in the market. It has one of the highest hashrates and its power consumption is a bit lower compared to its alternatives. This means, it is a bit difficult if not impossible to purchase it and you will need to wait for months to be able to receive one or you will need to pay 3x markups on sites such as Amazon and eBay. With this, it has come to the point for investors to be in constant search for Antminer alternatives.
List of Antminer Alternatives
Antminer S9 is the most popular miner sold in the market. If you wish to get one, all you have to do is order it on Amazon.
Antminer S9 is actually a de-facto gold standard in ASIC mining and we recommend for you to be wary whenever you purchase them. It is important that you purchase them from trusted merchants like Bitmain and Amazon. If you are thinking of purchasing on eBay, be very cautious as most of them are often scams. Aside from that, one of our tips is never to pay Bitcoins on such sites and the only safest place to pay with it is at Bitmain. If you wish to be able to get your hands on Antminer instantly, you will have to pay more as you would usually have to wait for the next Bitmain batch. Aside from that, it is important for you to consider the power usage for each miner aside from their cost.
1. Dragonmint 16T
From Halong Mining, Dragonmint 16T is only available through pre-order and the first batch was shipped in April 2018. Its hashrate is about 16 TH/s and has a wattage of 1432. Also, it comes with a price of $1595.00. It is highly recommended to hold off purchasing this miner until they start showing up. Dragonmint 16T is expected to be a great competition of Antminer S9.
2. EBIT E9 ++
EBIT E9++ is from Ebang communications. It is considered as one of the best Antminer alternatives but it is also one of the most expensive. The reason behind the $3880 price is due to its impressive 18 TH/s hashrate. EBIT E9 ++ comes with 1300 Wattage.
3. Antminer S7
Antminer S7 is an older version of Antminer S9. It is offered at a reasonable price and it is also considered as one of the most profitable in terms of mining operations. It comes with built-in web interface which makes this miner easy to setup and configure. Moreover, it also has a hashrate of about 4.73 TH/s, wattage of 1250 and price of $1290.
4. AvalonMiner 741
From Canaan, AvalonMiner 741 is another great alternative for Antminer. It comes with a sleek design and its performance is great as well. It is also reliable and has airforming cooling tech. This miner comes with a hashrate of 7.3 TH/s, wattage of 1150 and price of $2220.00.
Other Antminer Alternatives
Though there are many more Antminer alternatives, they have not made it in this list is due to and because of the following main reasons:
- Many other Antminer alternatives are not as profitable as those that are mentioned in this list. Thus, they didn’t make it to this list as their cost outweighs the return.
- They are just plainly junk. They are just good for about 30 days and become useless after. This means, you will lose money if you purchase those types that aren’t mentioned in this article.
- Some of the mining companies will just take your money and will never ship the product and we would never want you to be scammed.
Bitmain themselves had created an Antminer alternative and this is the Antiminer T9. The said unit is reliable but it is slower at a 10TH/s rate and is sold at a more affordable price.