Best Crypto Mining Rigs, Rated and Reviewed for 2023

With Ethereum’s move to Proof of Stake and bitcoin frozen in crypto winter, the heat is on (so to speak) for miners to be more profitable.

Your old GPU won’t cut it anymore: to make money in crypto mining in 2023, you need blazingly-fast computers, and plenty of power.

We’re proud to present our list of Best Mining Rigs for 2023, rating the top computers on price, energy consumption, and ability to mine multiple coins. Read on!

Top Crypto Mining Rigs

Mining Rig	Price in USD	Hash Power	Energy Consumption	Number of Minable Coins	Score
DragonMint T1	$1,500	16TH/s	1480W	42	4.0
Antminer T9+	$456	10.5TH/s	1432W	40+	4.0
Ebang EBIT E11++	$1,900	44TH/s	1980W	32	3.5
AvalonMiner A1166 Pro	$1,900	81 TH/s	3400W	32	3.0
PangolinMiner M3X	$1,188	12.5 TH/s	2050W	31	3.0
Bitmain Antminer S17	$700	1.155TH/s	590W	5+	3.0
AntMiner S19 Pro	$2,000	110TH/s	3250W	31	3.0
InnoSilicon A10 Pro	$3,700	500MH/s	950W	49	3.0
ASICMiner 8 Nano	$960	44TH/s	2100W	9+	3.0
Bitmain Antminer S17	$1,699	56TH/s	2520W	32	3.0
WhatsMiner M32-62T	$4,200	62TH/s	3250W	32	2.5
AvalonMiner 1246	$4,996	90TH/s	3420W	11+	2.5
WhatsMiner M30S++	$3,199	112TH/s	3472W	1+	2.5

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DragonMint T1

• Price in USD: $1,500

• Hash Power: 16 Th/s

• Energy Consumption: 1480 W

• Number of Minable Coins: 42

The DragonMint T1 is a powerful ASIC crypto miner for bitcoin and other cryptocurrencies. It’s got ASICBoost to enhance power efficiency. This ASIC miner has a high hash rate, includes DM8575 chips, and is priced competitively. It has a range of features that are designed for long-term use, including excellent heat dissipation to prevent damage from overheating. (BMJ Score: 4.0)

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Antminer T9+

• Price in USD: $456

• Hash Power: 10.5TH/s

• Energy Consumption: 1432 W

• Number of Minable Coins: 40+

The Antminer T9+ is a popular ASIC crypto mining rig used for mining bitcoin and many other assets. It comes with a hash rate of 10.5 TH/s and a power consumption of 1432 watts. The Antminer T9+ is the successor to the Antminer S9, which was long one of the most popular ASIC miners available. It is an excellent option for those looking to mine cryptocurrencies that use the SHA256 algorithm. (BMJ Score: 4.0)

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Ebang EBIT E11++

• Price in USD: $1,900

• Hash Power: 44 TH/s

• Energy Consumption: 1980 W

• Number of Minable Coins: 32

The Ebang EBIT E11++ is a new generation of crypto mining machines. It has a high-performance overclocking-enabled processor and provides relatively stable power. These features help to improve mining efficiency and can decrease energy costs. It has a 10nm code chip, Ethernet connection, and a noise level of 75db, meaning it’s more suitable for remote locations. In addition to bitcoin, the Ebang EBIT E11++ mines Terracoin and eMbark (DEM). (BMJ Score: 3.5)

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AvalonMiner A1166 Pro

• Price in USD: $1,670

• Hash Power: 81 TH/s

• Energy Consumption: 3400 W

• Number of Minable Coins: 32

The AvalonMiner A1166 Pro provides a high-quality solution for cryptocurrency mining. It’s an ASIC miner for mining bitcoin, Bitcoin Cash, Litecoin and other coins that use the Scrypt or SHA256 algorithms. This crypto mining rig offers an advanced cooling system and an efficient mining speed of 81TH/s. However, it also has considerable noise levels and it’s power-hungry, meaning it won’t be suitable for every crypto miner. (BMJ Score: 3.0)

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PangolinMiner M3X

• Price in USD: $1,188

• Hash Power: 12.5 TH/s

• Energy Consumption: 2050 W

• Number of Minable Coins: 31

The PangolinMiner M3X is an affordable, energy-efficient crypto mining device and works at temperatures up to 70°C. Its design is reminiscent of the AvalonMiner 761, and it requires a 180-240V voltage. The PangolinMiner M3X works on the SHA-256 algorithm. (BMJ Score: 3.0)

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Bitmain Antminer S5

• Price in USD: $700

• Hash Power: 1.155TH/s

• Energy Consumption: 590 W

• Number of Minable Coins: 5+

Bitmain Antminer S5 is one of the most popular ASIC miners on the market today, and with good reason. Its low price makes it affordable for investors wanting to investigate crypto mining without committing too much financially. However, the low price comes with tradeoffs: it has a relatively low hash rate and only mines a handful of cryptocurrencies. (BMJ Score: 3.0)

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AntMiner S19 Pro

• Price in USD: $2,000

• Hash Power: 110 TH/s

• Energy Consumption: 3250 W

• Number of Minable Coins: 31

Also manufactured by Bitmain, the Antminer S19 Pro is the next generation of crypto mining equipment. It features a high-performance, 7nm ASIC chip, giving it an impressive hash rate of 110TH/s. That performance comes at a price: the rig requires 3250 watts to run. The Antminer S19 requires an Ethernet connection and mines popular cryptocurrencies like bitcoin and Ethereum. (BMJ Score: 3.0)

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InnoSilicon A10 Pro

• Price in USD: $3,700

• Hash Power: 500 MH/s

• Energy Consumption: 950 W

• Number of Minable Coins: 49

The Innosilicon A10 Pro is used primarily for the Ethash algorithm. It’s able to mine Ethereum Classic with an estimated power consumption of 950W, making the InnoSilicon A10 Pro one of the least electrically demanding choices on this list. Unfortunately, the InnoSilicon has a maximum hash rate of 500Mh/s, lagging far behind the other options on this list. (BMJ Score: 3.0)

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ASICMiner 8 Nano

• Price in USD: $960

• Hash Power: 44 TH/s

• Energy Consumption: 2100 W

• Number of Minable Coins: 9+

The ASICMiner 8 Nano mines using the SHA-256 algorithm, at 44Th/s. Consuming 2100W and weighing only 27kg, the ASICMiner 8 Nano is a popular option for many small-scale miners. The water cooling system means that the entire rig runs at a maximum temperature of 45°C. Combining its relatively low price, low heat production, and low noise levels (47db) makes this product great for at-home use. Not many tokens supported, though. (BMJ Score: 3.0)

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Bitmain Antminer S17

• Price in USD: $1,699

• Hash Power: 56 TH/s

• Energy Consumption: 2520 W

• Number of Minable Coins: 32

The Bitmain Antminer S17 runs on the second-generation BM297 chip, a 7-nanometer chip also used on the Antminer S15. As electricity is the miner’s most costly expense, the Antminer S17 allows for two operation modes, “Low Power” and “Normal,” which enables miners to manage their electricity costs dynamically. Weighing 11kg and generating 82 decibels of noise, the Bitmain Antminer is likely a better option for the mining professional than the hobbyist. (BMJ Score: 3.0)

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WhatsMiner M32-62T

The WhatsMiner M32-62T is a mining rig that can be used by small-scale miners. It mines bitcoin, Terracoin (TRC), and Acoin, among others. It’s power-hungry, but on the plus side, it has built-in features like dual fans, and mines a good mix of crypto assets. With a performance rate of  62TH/s, the WhatsMiner M32-62T isn’t as efficient as some other models and its high noise level means it may not be suitable for residential areas. (BMJ Score: 2.5)

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AvalonMiner 1246

AvalonMiner 1246 is an ASIC miner from Canaan Creative. It has dual fans and uses algorithms to monitor its performance. This cryptocurrency miner rig has a host of features such as a high hash rate, a fast delivery rate, and automatic monitoring for fault and shutdown notifications. However, anyone considering using the AvalonMiner 1246 for crypto mining needs to weigh up its positive features against the high power usage and noise volumes. (BMJ Score: 2.5)

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WhatsMiner M30S++

The WhatsMiner M30S++ is an ASIC crypto mining rig running on a 12nm mining chip.  It’s suitable for GPU miners who want to mine multiple cryptocurrencies such as bitcoin, Bitcoin Cash, Elastos, and Syscoin.  Miners can connect the WhatsMiner M30S++  with up to four GPUs, and while the hash rate is impressive, the machine is the most power-hungry on our list. (BMJ Score: 2.5)

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Which Cryptos Should I Mine?

Before you venture into purchasing a miner, please consider the “network difficulty” for each cryptocurrency you wish to mine. The difficulty determines how much hashing power you’ll need to mine blocks.

This difficulty is what has given rise to bitcoin mining pools, as bitcoin is simply unprofitable to mine by yourself, as this graph from blockchain.com shows.

That said, there are still many cryptocurrencies worth mining. Several websites have calculators that can estimate the profitability of various cryptocurrencies depending on hashing power, notably WhatToMine and NiceHash.

However, if you want to try out mining as a hobbyist, then you could start immediately with one of the more affordable miners and look at it more as an experiment than an investment venture. (Learning is always a good investment.)

Mining is more than just a money-maker. Miners help secure digital currency networks and, thus, play an integral role in the blockchain revolution. Therefore, you can also look at mining as your contribution to an industry that has the potential to change the world and increase the value of your portfolio along the way.

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