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Top Crypto Mining Hardware Providers, Ranked

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A real-time buyer's guide to the best cryptocurrency mining hardware providers

The early days of cryptocurrency mining resembled the California Gold Rush. Anyone with a personal computer was able to start mining coins and get rewarded. Over time, as mining became more difficult, miners had to switch from CPUs to GPUs which were 50 to 100 times more efficient. However, due to the fast-paced development of the crypto ecosystem, GPUs also had to be replaced with custom mining equipment based on a field-programmable gate array (FPGA). Soon after, FPGAs also became obsolete and had to be replaced by the dominant mining hardware that we use today - application-specific integrated circuit or ASIC chips. In our real-time buyer's guide, you will find out more about the top crypto mining hardware providers and where they stand in our rankings.

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Cryptocurrency Mining Hardware Providers

Bitmain Technology Holding Company (“Bitmain”) is considered to be among the leaders in the crypto mining industry. The company specializes in producing state-of-the-art supercomputing hardware for blockchain and artificial intelligence applications and has a rich product portfolio including chips, servers, cloud solutions, and complete ASIC configurations. Bitmain was founded in 2013 in Beijing. Today, it has research and development centers in Hong Kong, Singapore, and the United States. According to industry statistics, Bitmain's ASICs account for 75% of the global market share. Bitmain parents several brands including Antminer (mining hardware), Antpool (mining pool), and Hashnest (cloud mining platform) and often makes strategic investments in crypto- and blockchain-related businesses.

Rank
01
Reputation Score 996
Days on List 124
Links 291,253
Recent Tweets 2

Bitfury is a blockchain infrastructure and mining hardware provider founded in 2011. The company's mission is to facilitate the use of cutting-edge technologies such as artificial intelligence, blockchain, Bitcoin, and high-performance computing by producing the infrastructure that powers them. The crypto mining hardware producing arm of Bitfury develops and sells PCBs, boards, ASICs, servers, and data center infrastructure for mining Bitcoin. The company operates specialized data centers in Iceland and the Republic of Georgia. Bitfury's headquarters are in San Francisco, with offices in Amsterdam and Hong Kong. In 2015, the company made a strategic investment by acquiring Allied Control, an immersion cooling technology solution provider, to help it provide better performing ASICs.

Rank
02
Reputation Score 897
Days on List 124
Links 2,287
Recent Tweets 0

Halong Mining is a popular producer of cryptocurrency mining hardware. The company achieved massive success with just one product, the DragonMint T1 Miner. It is considered one of the best and most efficient Bitcoin mining solutions on the market. When it was launched, it sold out immediately and the company had to start producing new batches. According to the team behind the product, the miner's extreme success is the culmination of more than a year of research and development. Retail and institutional miners often choose the DragonMint T1 Miner due to its high-efficiency and low-consumption characteristics, rivaled only by the products of the top-performing brands in the niche. Halong Mining's product can be purchased on its site with BTC.

Rank
03
Reputation Score 719
Days on List 125
Links 185
Recent Tweets 0

Innosilicon is a multi-national crypto mining hardware design company. Its R&D teams, based in China and North America, are focused on developing top-tier technology for the blockchain industry. Innosilicon's product range is tailored to the needs of both retail and institutional miners. According to the company's statistics, it produces over 30 million chips annually. Innosilicon claims that its advantages include providing low cost, high-performance, cross-foundry, fully customizable solutions combined with award-winning customer design support. The majority of Innosilicon's operations are conducted in China East (Wuhan, Suzhou, and Ningbo), proving yet another time that the Asian country is the cradle of bitcoin mining hardware producers.

Rank
04
Reputation Score 691
Days on List 124
Links 251
Recent Tweets 5

As a world-leading supercomputing solution provider, Canaan is focused on developing powerful hardware that serves the needs of the blockchain and AI industries. Canaan produced its first ASIC mining machine in 2013, while in 2016, it successfully launched the production of its first 16nm chip. The company was awarded the Chinese National High-Tech Enterprise Certification, and in 2019, it was listed on the Nasdaq. With a 15% market share, Canaan is considered the second-largest manufacturer of Bitcoin mining machines worldwide, behind Bitmain. The company also produced the first Bitcoin mining TV with a processing power of 2.8 trillion hashes per second.

Rank
05
Reputation Score 684
Days on List 124
Links 506
Recent Tweets 0

PandaMiner is a representative of China's flourishing industry of cryptocurrency mining hardware producers. According to the team behind the project, Panda's focus is on the global market and it aims at becoming the leading technology company in the cryptocurrency hardware design industry. The company was founded in 2016 and is headquartered in Shenzhen, China. Panda's team is comprised of professionals and experts in the hardware design, IT, and cryptocurrency industries. According to the company, so far, PandaMiner has served the needs of cryptocurrency mining enthusiasts in more than 60 countries worldwide, covering the entire cryptocurrency mining industry including mining hardware R&D, cloud mining, and miner hosting.

Rank
06
Reputation Score 667
Days on List 124
Links 11,354
Recent Tweets 0

Spondoolies is a producer of cryptocurrency mining gear. The company was founded in 2017 and is based in Israel. Its products are tailored to serve the mining needs of individuals and companies and allow them to compete on an equal footing. The company offers ASICs, mining hardware and also hosts miners that wish to use its cloud platform. Spondoolies raised funds from institutional investors like Agile Wings, BRM Group, and Genesis Partners. It is backed also by angel investor Olivier Janssens. The team behind the project is comprised of the same individuals who stood behind Spondoolies-Tech, a company whose miners facilitated about 10% of the global hash-mining capacity in 2014.

Rank
07
Reputation Score 474
Days on List 125
Links 301
Recent Tweets 0

Whatsminer is a cryptocurrency mining hardware producer and distributor headquartered in Shenzhen, China. The company also has a satellite office in the USA, which is focused mainly on assisting clients with buying new equipment or servicing Whatsminer machines in their farms. Whatsminer claims that no matter whether clients are building a mining farm or just running a few miners in their homes, it is ready to address their needs. The company's product range includes ASIC Plug & Play Bitcoin mining configurations that allow miners to start mining Bitcoin or Bitcoin Cash immediately. The company prides itself on being a provider of exceptional customer service in the prior- and post-sale periods. Whatsminer's site offers single- and bulk-order services.

Rank
08
Reputation Score 420
Days on List 125
Links 165
Recent Tweets 0

Baikal is a Chinese company specialized in the production of cryptocurrency mining hardware. The core team of the company is comprised of professionals with rich R&D experience from companies all over the world. According to Baikal's website, since 2008, its team has been committed to the research and development of mining chips and software. In 2013, Baikal successfully developed a chip compatible with the SHA-256 algorithm. In May 2016, the team successfully launched the Baikal mini X11 algorithm miner. The miner’s high cost-performance and stability have won the hearts of many retail miners and received industry recognition.

Rank
09
Reputation Score 412
Days on List 124
Links 16
Recent Tweets 0

ASICminer is a Chinese crypto mining hardware manufacturer. The company was founded in 2013 and is headquartered in Shenzhen. ASICminer is focused on serving retail miners rather than corporate or institutional clients like farms or leading mining pools. As its name suggests, the company's business is shaped around the production of ASIC mining machines. It is worth noting that the company's website doesn't feature much information about the company, its history, or its management. Over the span of its operation, several reports appeared that the company isn't as reliable as other established players in the field of crypto mining hardware production, so do your research before placing an order with them.

Rank
10
Reputation Score 366
Days on List 125
Links 104
Recent Tweets 0

StrongU Technology Co, Ltd is a Chinese crypto mining hardware producer based in Shenzhen. The company claims that it is committed to providing high-speed, low-consumption computing chips, serving the needs of the blockchain and artificial intelligence industries. The company's products and services range from producing high-performance chips and facilitating their application in the blockchain industry, to IT hardware design and software development. The core focus of StrongU's R&D team is the ASICs market. According to the company's website, its powerful mining configurations come at competitive prices, which has helped them become one of the leading computing chips manufacturers in China. The company's products serve the needs of both institutional and retail miners.

Rank
11
Reputation Score 345
Days on List 125
Links 418
Recent Tweets 0

Bitfily was founded in 2017 as part of the HIGGS Group. The company is committed to producing high-speed and low-consumption computing chips, high-power and high-density computing servers, and powerful parallel computing software. Bitfily's product range is designed to meet the needs and requirements of the AI and blockchain industries. Bitfily's R&D center is located in Nanshan District, Shenzhen. The company also runs an integrated testing factory in the Bao’an district, Shenzhen. The majority of the engineering team comes from top companies such as Huawei, ZTE, Smartisan, Sony, and Samsung. The operating model of Bitfily is focused specifically on independent research and development of software and hardware centered around the needs and requirements of their customers.

Rank
12
Reputation Score 249
Days on List 124
Links 1
Recent Tweets 0

Ebang (Zhejiang Ebang Communication Co.), is a Bitcoin mining hardware provider based in China. The company was founded in 2010 and is headquartered in Hangzhou, with R&D centers in Hangzhou, Shanghai, Wuhan, and Suzhou. At first, Ebang specialized in producing hardware products for the telecommunications industry. In 2016, it shifted its focus to digital assets and, today, it ranks right after Bitmain and Canaan on the list of the biggest Bitcoin mining equipment producers worldwide. The company has a research and development team of more than 140 people. In the last couple of years, Ebang has won several national and international awards. The company actively partners with industry leaders like Samsung and TSMC.

Rank
13
Reputation Score 121
Days on List 124
Links 61
Recent Tweets 1

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