How to choose an Asic miner for mining bitcoins?

Hello, I'm trying to make money by mining. I heard that only ASIC miners are suitable for mining bitcoins. Tell me how to choose equipment based on ASIC chips and what to look for? Thank.

Cryptocurrency mining has evolved from an amateur occupation into a full-fledged business with its large players and its own developed structure and community. With the development of the blockchain industry, masters began to appear on the network who were ready to create equipment that is several tens of times superior to the classic bundles of video cards.

Comparing the performance of classic video cards with special purpose cards, we can understand that ASIC is much more productive than its graphic competitors. From this we can conclude that this mining equipment is more profitable to buy. Read more in the article about bitcoin mining, which describes the entire mining process, provides programs and a detailed description of the equipment for the most efficient bitcoin mining.

As already understood from the lines above, ASIC- This is an integrated circuit of high power, sharpened exclusively for the conversion of encrypted transactions. Hashes pass through the ASIC, thereby receiving their purpose much faster and better than using classic video cards.

Of disadvantages ASICs can be distinguished by their pure focus specifically on a particular cryptocurrency asset.

If we are talking about video cards, then you can switch them to a more highly profitable asset at any time, thereby earning more real currency on it. This technology is used on many pools.

With ASIC, this will not work, since it only extracts one coin. 95% ASIC sharpened for bitcoin, but for other currencies these devices have not yet been invented. We also recommend that you read the article - “How to make money on bitcoins”, which describes the main ways to earn bitcoin cryptocurrency.

To choose the right ASIC, you must pay attention to the following specifications:

Hash rate - This is the number of hashes that the system can process in one second. In the case of video cards, it is calculated by selecting the necessary model according to the table of known video cards. In ASIC, it is written on the manufacturer’s website and on the device itself.
Power consumption plays an important role in any case. This applies to both ASICs and video cards. The more hashrate and less power consumption, the faster the whole device will pay off. As a rule, the payback given the rapidly growing rate is eight months. With strong jumps, the period is reduced.
Another important indicator is cost. It also affects the payback period. There are low-power ASICs, starting with hundreds of dollars and ending with twenty thousand.
The size. ASIC can be either small or large. The size is affected by the built-in cooling system and the power of the device.

ASIC is like for SHA-256and X11 and Scrypt.

In conclusion, we recommend also watching a video about mining bitcoins:

We remind you! Before mining cryptocurrency on asic chips, you will need to create a bitcoin wallet, and after exchanging bitcoins for another cryptocurrency or fiat money.

We also recommend reading about another earnings visa on a crypto - “Earnings on Bitcoin Faucets”.

We hope that Rich Pro magazine was able to give you all the answers to your questions. We wish you good luck and success in all your endeavors!