During the bitcoin boom in 2017, which saw the price of the digital currency rally from $1,000 to $20,000, there was a shortage of graphics cards and bitcoin miners due to the high demand for digital currency mining equipment. Once the digital asset markets started to cool off in early 2018 and mining become less profitable due to an increase in mining difficulties combined with a drop in market prices, used crypto mining rigs become readily available online.
In this guide, you discover how you can mine on a budget using used mining rigs that you can easily purchase online in 2019.
Best Used Mining Rigs
We have compiled a list of seven digital currency miners that can be bought second-hand on major retail platforms such as Amazon. To rank the machines, we looked at the current (used) market price, hash power, how much energy each machine consumes, how user-friendly they are, and when they were originally released.
|Name||Description||Price ($)||Hash Rate||Energy Consumption (Watts)||Ease of Use||Initial Release Year||Score|
|Avalon Miner 741||The Avalon Miner 71 is a rig created by Canaan Creative. The device is designed to mine SHA256 coins and can be used to mine on ten different blockchain networks. Released in April 2017, the Avalon Miner 71 was orginally priced upwards of $2,000.||$198.99||7.3 Th/s||1150||5||2017||4.0|
|Antminer S3||The Antminer S3 is one of the earliest models ever released by Bitmain. The ASIC is optimized for the SHA256 algorithm and was first put up for sale in July 2014. It intially retailed for amounts over $1,500.||$168.00||478 Gh/s||366||5||2014||4.0|
|Antminer D3||The Antminer D3 is an ASIC for the X11 algorithm. There are 5 networks which utilize X11 and can be mined with the Antiminer D3. The device was released by Bitmain in October 2017 and originally retailed upwards of $1,500.||$119.00||19.3 Gh/s||1350||5||2017||4.0|
|Antminer L3 plus||The Antminer L3 plus is a rig created by mining giant Bitmain.The rig was released in April 2017. Designed specifically for mining…|