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An ASIC miner is a machine used for mining Bitcoin (BTC) and other cryptocurrencies. Their prices have been falling for 8 weeks straight now. Despite that, both Bitcoin price and its hash rate remain nearly untouched. Is it a good time to get one of these devices?

The last Bitcoin ATH of 67.000 [CoinMarketCap] in November 2021 generated a high demand for new ASIC miners. Also, the general shortage of the needed chips for its building (due to pandemics) skyrocketed their prices. But, Bitcoin price reached its lowest of 2022 (USD 33.000) this January, causing ASIC Bitcoin miner prices to drop.

According to HashrateIndex data, the last generation ASIC miner Whatsminer MM30s++ (112 TH/s) from MicroBT is valued at around USD 10.000. Meanwhile, an older device like the Antminer T9 (12.5 TH/s) would be worth USD 300.

Bitcoin ASIC price. Source:

Comparing it with last November, a buyer could save up to USD 1.000 for each latest generation miner device acquired. For older devices, the saving would sit around USD 100.

Better ASIC miner prices, more difficulty

The recent drop in ASIC miner prices doesn’t represent a loss of profitability in this activity. Furthermore, this Bitcoin activity remains the most profitable, as long as the energy cost doesn’t go over 0.315 USD per kWh. That depends heavily on the region and country.

On the other hand, the hash rate sits at 211,3E on March 18. This means that the hash rate upward trend persists. A larger amount of these new and better devices are competing to validate new blocks, making the Bitcoin network safer.

This week, Bitmain launched a new Antminer S19 XP Hyd (255 TH/s), becoming the most powerful ASIC Bitcoin miner to date. Its price, based on the HashrateIndex metric, is around USD 22.000.


The new miner launch and hash rate rising could have influenced Bitcoin mining’s difficulty in reaching a new ATH. According to CryptoRank, it reached 27.53 trillion hashes. To get an idea, with the current difficulty is needed 843 Antminer S19 XP Hyd to mine 1 BTC in a day or 29 Antminer S19 XP Hyd to mine 1 BTC a month.

Choosing the time to acquire new devices is a personal decision. But, there are some factors to consider more than ASIC Bitcoin miner prices. Among them are regulations and energy prices where you plan on mining.

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