So, you've decided to create an ASIC farm. Where to start? Of course, with the purchase of devices. But what criteria to pay attention to when choosing apart from the supported coins? Which ASICs are the most recommended in 2021? Find answers in this article.
Let's take a closer look at what criteria you should choose devices.
The overclocking and energy efficiency of an ASIC directly affect your profit and the payback speed of the device, so be sure to check what overclocking profiles are available on a particular device and how much power they consume before purchasing. Look for the most beneficial combinations, and improve them. For example, the Hiveon ASIC firmware will help you not only to increase the hashrate and at the same time to keep the power consumption at the current level. Using it, you can also reduce power consumption (the hashrate will not change) or maximize the hashrate (the power consumption will also increase).
Be sure to find out if you can get spare parts for your potential ASIC in your area. If so, also check their prices. Remember that ASICs have virtually no interchangeable parts: for example, if you have a Bitmain device, Innosilicon parts will not work for you. But on the other hand, Bitmain models have the same fans — they are interchangeable. The same applies to the control boards of the Bitmain S17 and T17 series.
Considering this circumstance, choose those ASICs for which you can get spare parts as quickly as possible. If your device breaks down, you will be able to repair it quickly and to avoid downtime and loss of profit.
What is the warranty period of your potential ASIC? What cases are not covered by the warranty? Look for devices with the most favorable warranty conditions and be sure to find out if there is a warranty service center in your area. Having a post-warranty center will also be a plus.
Look for easy-to-manage devices, so that you will be able to pay more attention to the mining process, rather than complex settings. Consider devices that are compatible with Hive OS — it will help to make management even easier.
The price of a device depends on its performance, but in any case, ASICs are usually quite expensive. To find the most cost effective option, compare offers from several suppliers. Also, do not buy new models immediately after they enter the market. Better wait a bit. The price will decrease, and reviews will appear on the Internet.
Once you've purchased your devices, you can improve their factory hashrate and power consumption levels. Also choose a reliable pool to make your income more stable. These two steps are described in more detail in this article. After that, you just have to connect everything and start mining. Remember to take care of your farm. Monitor the temperature, ensure heat dissipation, and regularly clean your ASICs from dust. This will help them live longer, and you will avoid unexpected costs for repairs or the purchase of new devices.