Is ASIC miner really a good option?

Weijing Jay Lin
1 min readJun 6, 2021

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Some people said ASIC miners are focusing on certain algorithm, so we could get the most performance out of it, but the reality is that it is getting expensive recently, which could be due to the shortage of chip supply.

In previous article, I shared a sheet of recent crypto miners price, including ASIC, graphic cards. It turns out that the best performance machine is ASIC indeed, but they are more expensive, would cost at least $10K/pc. While graphic cards machine could be slight better, especially the price drop recently. With about $600 in RX580, you could get the pay back around 10 months. While it would cost $10K for S19 miner which take up 20 months to get payback.

There is store which can help you import the graphic card miner from trustworthy from China to reduce your time investment on searching suppliers. You might want to checkout here: https://bitdigital.us/.

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Weijing Jay Lin
Weijing Jay Lin

Written by Weijing Jay Lin

A software engineer entrepreneur in San Francisco Bay Area.

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