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Top Siacoin Miners of 2024

April 15, 2024

Quick Summary

Due to its increasing value, Siacoin has become one of the most invested coins of the year. As the demand for Siacoin increases, so does its requirement, which is encouraging more miners to mine Siacoin now. A robust miner is required to mine Siacoins so that the results can be fetched as per expectations. Plenty of Siacoin mining machines are available; however, the top-performing Siacoin miner models are just a few.

This blog aims to help you choose the top Siacoin miners for mining the Siacoin token. It will provide you with detailed information on these miners so you can compare and contrast them and purchase the one that best fits your requirements.

Table of Contents

    What is Siacoin Mining?

    Users of the decentralized blockchain-based storage network Sia can rent out their extra storage capacity in return for Siacoins (SC), the native cryptocurrency. Mining is an essential function of the Sia network’s security and integrity. Running specialized mining software to mine Siacoins entails using your computer’s processing power to carry out calculations needed to keep the Sia network operational.

    These computations guarantee the safety and reliability of the network as a whole by being required to build and validate new blocks on the blockchain. Due to the proof-of-work (PoW) consensus algorithm used by the Sia network, miners must compete with one another to solve mathematical puzzles.

    One of the ways to encourage participation in the mining process is to reward the first miner to solve the problem with a certain quantity of Siacoins. Being a decentralized network, Sia seeks to disperse mining power among many users as opposed to consolidating it in the hands of a select few. In doing so, the network is protected from censorship and attacks by preventing any one party from exerting control over it.

    Mining Siacoins enhances the safety and security of the Sia network as a whole in addition to its financial benefits.

    Top 5 Siacoin Miners

    Let’s get to know the top Siacoin mining machines as we discuss their essential features, such as their hash rates, power consumption, internet connection, noise level, and much more. The top list of miners for mining Siacoin contains Goldshell SC5 Pro, Goldshell SC Lite, Goldshell SC Box II, Goldshell HS Box II, and IBleink BM-S1 Max. Know in detail what their features are, so you can choose the one that suits you.

    1. Goldshell SC5 Pro Siacoin Miner

    Goldshell SC5 Pro is a formidable Siacoin miner that distinguishes it from the rest of the miners due to the outstanding features that it has to offer to the miners. It provides exceptional performance as it offers the hash rate of 11Th/s on consuming 2820 W of power. It is also equipped with the low-power mode, where the power consumption of 2020 W is as low as required to reduce the electricity consumption.

    Goldshell SC5 Pro Siacoin Miner

    Manufacturer Goldshell
    Model SC5 Pro
    Also Known as Goldshell SC5 Pro SC Miner
    Release January 2024
    Power 2820 W
    Hashrate 11 Th/s
    Weight 11500 g
    Dimension 264 x 200 x 290 mm
    Noise Level 80 dB
    Fans Quantity 2
    Temperature 5 – 45 Degree Celsius
    Humidity 5 – 95%

    2. Goldshell SC Lite Siacoin Miner

    Goldshell SC Lite Siacoin Miner is best for seasoned as well as newcomers as it is easy to operate. This miner was released in January 2024 and comes with a hash rate of 4.4Th/s on a power consumption of 950 W. It offers greater energy efficiency with 215.91 j/Th and has noise levels less than 55 dB, making it peaceful for the miners to run.

    Goldshell SC Lite Siacoin Miner

    Manufacturer Goldshell
    Model SC Lite
    Also Known as Goldshell SC Lite SC Miner
    Release January 2024
    Power 950 W
    Hashrate 4.4 Th/s
    Weight 9500 g
    Dimension 230 x 200 x 290 mm
    Noise Level 55 dB
    Fans Quantity 2
    Temperature 5 – 35 Degree Celsius
    Humidity 5 – 65%

    3. Goldshell SC Box II Siacoin Miner

    Goldshell SC Box II is employed with the Blake2bSia algorithm, and it is amongst the list of miners that bring greater returns and results. It is equipped with low-noise levels, and it features a hash rate of 1.9 Th/s on consuming 400 W of power. The miner was released in February 2023 and is a perfect choice for miners who are looking for energy efficiency for Siacoin mining.

    Goldshell SC Box II Siacoin Miner

    Manufacturer Goldshell
    Model SC Box II
    Also Known as Goldshell SC Box II
    Release February 2023
    Power 400 W
    Hashrate 1.9 Th/s
    Weight 2000 g
    Dimension 178 x 150 x 84 mm
    Noise Level 35 dB
    Fans Quantity 2
    Temperature 5 – 35 Degree Celsius
    Humidity 5 – 65%

    4. Goldshell HS Box II Siacoin Handshake Miner

    The Goldshell HS BOX II offers a hash rate of 460 Gh/s and a power consumption of 400 W. It also comes with a low power mode, which reduces the electricity expenses by lowering the amount of electricity used. The miner was released in January of this year and is amongst the most efficient miners.

    Goldshell HS Box II Siacoin Handshake Miner

    Manufacturer Goldshell
    Model HS Box II
    Also Known as Goldshell HS Box II
    Release January 2024
    Power 400 W
    Hashrate 460 Gh/s
    Weight 2000 g
    Dimension 178 x 150 x 84 mm
    Noise Level 35 dB
    Fans Quantity 2
    Temperature 0 – 35 Degree Celsius
    Humidity 0 – 65%

    5. iBelink BM-S1 Max

    iBelink BM-S1 Max is a powerful Siacoin miner that was released recently and has provided competitive results. The miner comes with a hash rate of 12Th/s on consuming 3150 Watts of power, which reflects on its greater efficiency rate, which is 262.50 j/Th. This miner is a perfect blend of profitability and energy efficiency, making it the best choice for Siacoin miners.

    iBelink BM-S1 Max

    Manufacturer iBleink
    Model BM-S1 Max
    Also Known as iBelink BM-S1 Max
    Release May 2022
    Power 3150 W
    Hashrate  12 Th/s
    Weight 9000 g
    Dimension 128 x 201 x 402 mm
    Noise Level 75 dB
    Fans Quantity 4
    Temperature 5 – 40 Degree Celsius
    Humidity 5 – 95%

    Comparing the Top Siacoin Miners

    This section contains a detailed comparison of the features of top Siacoin miners, covering their hash rate, power consumption, release date, and efficiency. A thorough comparison helps to evaluate the miners and gives information on how efficiently it is working to provide the best results.

    Refer to the table given below and see how each mining is performing based on the efficiency rate it is providing to the miners, depending upon their hash rate and power consumption.

    Comparing the Top Siacoin Miners

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    Conclusion

    You are well aware of the top Siacoin mining machine models now; however, you can compare the Siacoin miners as mentioned above and choose the one that fits your requirements well. After you have selected the miner as per your desired criteria, you need to ensure that it is also correctly set up and operates well. Also, keep in mind that these miners are efficient and would last even longer if you take good care of them by maintaining them properly.

    FAQs on Siacoin Miners

    • Which are the top Siacoin mining models from Goldshell?

      The top Siacoin mining hardware from Goldshell is the SC5 Pro, SC Lite, SC Box II, and HS Box II.

    • Which consensus method does the Siacon follow?

      Siacoin is equipped with the proof-of-work consensus method, which ensures that users get paid after successfully mining the fresh transaction block, which is further verified by the network.

    • Where can I purchase the Siacoin miners?

      You can purchase Siacoin miners from official sellers like iBelink or Goldshell. You can also shop from our website.

    • When was the iBelink BM S1-Max Siacoin miner released?

      The iBelink BM S1-Max was released in May 2022.

    • What is the efficiency rate of Goldshell HS Box II Siacoin miner?

      The efficiency rate of Goldshell HS Box II is 262.5 j/Th.

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