Best Mining Equipment 2018

Mining companies based in asia and europe emerged as the world s biggest revenue generating companies in 2018.

Best mining equipment 2018.

With an almost identical price tag it s very hard to conclude which of the above 2 is better at least on paper. Mining technology lists the top ten metals and mining companies by revenue in 2018. Companies dealing with copper iron ore and coal led the list. Monero uses an algorithm called cryptonight.

Fighting for the title of best post halving bitcoin mining hardware is the antminer s19 pro from bitmain the asics veterans. Without including their mining profits that s around 140 million dollars in sales. These figures are staggering but bitmain s monopoly of the bitcoin asic market may come to an end following the release of halong mining s dragonmint 16t asic. The s19 pro is a hashing monster that packs a 110 th s punch over a 3250w power consumption.

This algorithm can also be efficiently mined on cpus and gpus. It is estimated that they have manufactured approximately 53 of all mining equipment. Many of such newcomers are from australia but canada remains the leading foreign investor in argentina s mining industry with a 60 per cent dominance the contribution to the economy of the mining sector in argentina is considerably low in relation to bolivia. Mining monero is one of the most user friendly mining experiences out there.