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Best Bitcoin Mining 2018: A Comprehensive Guide to the Top Mining Hardware and Strategies

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Best Bitcoin Mining 2018: A Comprehensive Guide to the Top Mining Hardware and Strategies

  As we delve into the fascinating world of cryptocurrency, Bitcoin mining has emerged as a crucial aspect for those looking to earn digital coins. In 2018, the mining landscape saw significant advancements, with new hardware and strategies making it easier than ever to mine Bitcoin. This article aims to provide a comprehensive guide to the best Bitcoin mining hardware and strategies in 2018.

  1. Best Bitcoin Mining Hardware in 2018

  1.1. ASIC Miners

  ASIC (Application-Specific Integrated Circuit) miners have become the go-to choice for serious Bitcoin miners. These specialized devices are designed to perform the complex calculations required for mining Bitcoin. In 2018, several ASIC miners stood out as the best in the market:

  a. Bitmain Antminer S9: The Bitmain Antminer S9 was the most popular ASIC miner in 2018. It boasts a hash rate of 14 TH/s and a power efficiency of 0.097 J/TH, making it an excellent choice for those looking to maximize their mining profits.

Best Bitcoin Mining 2018: A Comprehensive Guide to the Top Mining Hardware and Strategies

  b. Bitmain Antminer L3+: The Bitmain Antminer L3+ is another top-performing ASIC miner, with a hash rate of 13.5 TH/s and a power efficiency of 0.095 J/TH. It is a great alternative to the S9, offering a slightly lower hash rate but with a more affordable price tag.

Best Bitcoin Mining 2018: A Comprehensive Guide to the Top Mining Hardware and Strategies

  c. Canaan AvalonMiner 821: The Canaan AvalonMiner 821 is a highly efficient ASIC miner with a hash rate of 8.6 TH/s and a power efficiency of 0.095 J/TH. It is a great choice for those who are just starting out in Bitcoin mining.

  1.2. GPU Miners

  While ASIC miners are the most efficient choice for serious miners, GPU (Graphics Processing Unit) miners are still popular among those who want to mine Bitcoin on a budget. In 2018, the following GPU miners were considered the best:

  a. Nvidia GTX 1080 Ti: The Nvidia GTX 1080 Ti was the top-performing GPU miner in 2018, with a hash rate of around 30 MH/s and a power efficiency of 0.15 J/MH.

  b. AMD Radeon RX 580: The AMD Radeon RX 580 is another excellent GPU miner, with a hash rate of around 25 MH/s and a power efficiency of 0.16 J/MH.

  2. Best Bitcoin Mining Strategies in 2018

  2.1. Joining a Mining Pool

  Joining a mining pool is a popular strategy for Bitcoin miners, as it allows them to share the computational power of their hardware with other miners. In 2018, the following mining pools were considered the best:

  a. Bitmain AntPool: Bitmain AntPool is the largest mining pool, with a share of over 25% of the total Bitcoin network hash rate. It offers a user-friendly interface and competitive fees.

  b. F2Pool: F2Pool is another top mining pool, with a share of around 15% of the total Bitcoin network hash rate. It offers a range of features, including a mobile app and a referral program.

  2.2. Choosing the Right Mining Rig

  The success of your Bitcoin mining operation largely depends on the efficiency of your mining rig. In 2018, the following factors were crucial when choosing the right mining rig:

  a. Power Supply: A high-quality power supply is essential for your mining rig, as it ensures stable power delivery to your hardware. Look for a power supply with a high efficiency rating and ample capacity.

  b. Cooling System: Overheating can be a significant issue for Bitcoin miners. A robust cooling system, including fans and heat sinks, is essential to maintain optimal temperatures.

  c. Motherboard and Storage: A reliable motherboard and storage solution are crucial for your mining rig. Look for a motherboard with multiple PCIe slots and a solid-state drive (SSD) for faster data transfer.

  In conclusion, Bitcoin mining in 2018 offered a variety of opportunities for both new and experienced miners. By selecting the best Bitcoin mining hardware and implementing effective strategies, miners could maximize their profits and contribute to the Bitcoin network. Whether you choose an ASIC miner or a GPU miner, joining a mining pool, and building a robust mining rig, the key to success in Bitcoin mining lies in thorough research and careful planning.

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