Top 5 Ethereum Classic Miners of 2024 [Updated]

Why Ethash ASIC Miners?

In general, Application-Specific Integrated Circuit (ASIC) miners are ideal for crypto mining as they are algorithm-specific. These ASIC miners help miners mine their preferred cryptocurrency efficiently as they are precisely programmed for that particular cryptocurrency. For example, a Bitcoin miner is optimized for the SHA-256 algorithm, whereas a Zcash miner is programmed for the Equihash algorithm. Similarly, Ethereum ASIC miners are specifically programmed for its algorithm, Ethash.

Moreover, if an ASIC is built for a particular algorithm, it can mine all cryptocurrencies following that algorithm. Thus, an Ethash ASIC miner is fine-tuned for the EThash algorithm — it can mine all cryptocurrencies that follow that algorithm. For example, an Ethash miner can mine all cryptocurrencies that follow the Ethash algorithm, including Ubiq, Expanse, Etho, Ethereum Classic, Musicoin, EtherGem, Callisto, and QuarkChain.

Here are some advantages you can enjoy by choosing an Ethash ASIC miner for crypto mining.

• Better Efficiency

ASIC miners are finely optimized for the specific mining algorithm, unlike CPUs and GPUs. Hence, it can solve complex puzzles much faster and help miners mine new cryptocurrencies efficiently. An Ethash miner will help you mine Ethereum Classic efficiently.

• Maximum Hash Rates

ASIC miners use high-graded specialized hardware components specifically designed for crypto mining. Thus, these Ethash ASIC miners come with higher hash rates helping miners to solve complex algorithms faster and maximize their rewards.

• Improved Longevity

Crypto mining generates a large amount of heat. Since Ethash miners are specifically built for Ethash mining purposes with efficient cooling systems, they can readily dissipate the heat generated during the mining process, aiding the longevity of the hardware.

• Highly Competitive

When a cryptocurrency gets popular, more and more miners will participate in mining that cryptocurrency, increasing the mining difficulty. As you know, Ethereum Classic (ETC) is the most popular cryptocurrency after Bitcoin. Since these Ethash ASICs come with excellent hash rates, miners can solve cryptographic puzzles despite the mining difficulty.

Things to consider while buying Ethash ASIC Miners

Buying the right mining hardware is crucial for your successful crypto mining journey. Here are a few things to consider before investing in an Ethash ASIC miner.

1. Consider the Ethereum market Price

Cryptocurrency prices are highly volatile, and they fluctuate drastically. The price of the cryptocurrency you mine directly impacts your mining profitability. Hence, following Ethereum’s price is crucial before buying an Ethash miner. So, research, study the market, analyze past performances, and identify whether it is the right time to invest in Ethash miner.

2. The Cost of Ethash Miner

Ethereum Classic mining is an energy-intensive process that demands high computational power. Ethash miners are finely optimized for the Ethash mining algorithm that enables miners to mine Ethereum Classic efficiently, letting miners solve complex puzzles within the stipulated time. However, ASIC miners, in general, are more expensive than CPU or GPU, impacting your profit margins. Hence, miners should consider the ASIC’s price before investing in it.

3. The Hash Rate of the Ethash Miner

The hash rate is nothing but how fast the hardware solves the calculations every second. So, the higher the hash rate, the better chance you can mine cryptocurrencies. Many new advanced mining hardware are coming up with higher hash rates to meet the mining difficulties in the modern mining network. Thus, evaluate the hash rate of the ASIC before finalizing it.

4. The Energy Consumption of the Ethash Miner

Ethereum Classic mining consumes a significant amount of energy. Thus, the electricity costs will impact your mining profits. Hence, considering the energy consumption of the hardware and electricity costs in your locality is highly recommended. Thus, you can keep your electricity bills in control and enhance your mining profits.

How do we pick the Best ETH Miners?

Here is the list of things to check for the most suitable ETH ASIC miner.

1. The hash rate of the ASIC miner
2. The energy efficiency of the ASIC miner
3. Reputability of the mining hardware’s manufacturer
4. The upfront cost of the ETH miner
5. The cooling system of the ASIC
6. Noise level of the miner
7. Scalability of the miner
8. Compatibility of the ASIC with the mining pool
9. Reviews of the miner
10. Community and support
11. Warranty period and after-sales service

Top 5 Ethereum Classic Miners

Here is the list of the top 5 ASIC miners of 2024 that are made to meet the modern preferences of the EThash miners.

1. Jasminer X16-Q

Jasminer, a brand well-known for EThash mining, launched Jasminer X16-Q recently in May 2023. It comes with an excellent hash rate of 1950Mh/s±10% at a power consumption of only 620W±10%. The energy efficiency of Jasminer X16-Q is 0.318j/Mh.

2. Jasminer X16-P

Jasminer X16-P is a premium EThash miner with a maximum hash rate of 5800Mh/s±10% at a power consumption of only 1900W±10%. It gives an excellent energy efficiency of 0.328j/Mh.

3. iPollo V1 Mini SE Plus

iPollo V1 Mini SE Plus is a top-notch EThash miner with a maximum hash rate of 400Mh/s at a power consumption of 232W. The energy efficiency of V1 Mini SE Plus is 0.58j/Mh.

4. Antminer E9 Pro (3.68Gh/s)

Antminer E9 Pro from Bitmain is another premium EThash miner with a maximum hash rate of 3.68Gh/s at a power consumption of only 2200W. It gives an ultimate energy efficiency of 0.598j/Mh.

5. Jasminer X4 Brick

X4 Brick from Jasminer is yet another top-notch EThash miner with a maximum hash rate of 65Mh/s at a power consumption of 30W. It gives an excellent energy efficiency of 0.462j/Mh.

Comparing the top 5 Ethereum Classic Miners

A mining hardware’s hash rate, power consumption, and energy efficiency are crucial in determining the hardware’s quality. Here is the breakdown of the hash rate, power consumption, and energy efficiency of the top 5 Ethereum Classic Miners.

Market Outlook & Profitability of Ethereum Classic Miners

The market outlook of any crypto mining device depends on how reputed the brand is, the price of the cryptocurrency you intend to mine, current market conditions, etc. Hence, besides the quality of the mining hardware, the profitability of Ethereum Classic mining also depends on various factors, like the price history of Ethereum Classic, the electricity charges in your country, the market trends, and more. Now let’s see the price history of Ethereum Classic for the past year.

As you can see, the price graph of Ethereum is positive and not very volatile. That indicates a good sign and good returns. However, the cryptocurrency market is subject to change, so watching the market closely and making informed decisions is crucial for miners to avoid losses and enhance profits.

Future Scope of Ethereum Classic Miners

The Ethereum Classic mining market is optimistic with the ETC’s steady price. Hence, the future scope of Ethereum Classic miners is highly positive. However, here are a few things that can impact the future outlook of these miners.

• The arrival of advanced mining hardware with improved features and specifications in the future can impact these Ethereum Classic miners’ profitability.
• Cloud mining services have become increasingly popular, which may reduce the need to buy mining equipment, which can again impact these Ethereum Classic miners.
• Changes or upgrades in mining algorithms according to the mining difficulties can also impact the future performance of these miners.
• Lastly, Ethereum Classic’s price directly affects Ethereum Classic miners’ scope.

So, miners should consider all the above-listed points and closely watch the crypto mining market before buying any crypto mining hardware.