Shakta - It's been many years since I drove piling as part of the work constructing a bridge, but will try to revisit that time, simplify and focus on the basics.
Pile hammers are sized by their energy rating (foot-pounds). There are three basic operating principles for large pile hammers:
Single Acting (Pile impacted with a free-falling weight).
Double Acting (Pile impacted with a weigh that is accelerated "down"... instead of just free-falling).
Vibratory (Pile is "shaken" by the hammer, causing it to penetrate soil). Vibratory hammers have unique characteristics that may not be suitable for permanent piling. They are great for temporary piling that a contractor may use as part of his means and methods.
There are several potential power sources (steam / compressed air, diesel, hydraulics, etc.).
Each type hammer has advantages and disadvantages. For general purpose, heavy duty pile driving, the single acting principle is preferred by most contractors... this is what we used. The following comments apply to single acting hammers:
The goal is to use the most powerful hammer practical that will not damage the piling. A concrete pile, like you are considering, withstands a powerful hammer very nicely. A contractor has to compromise on this goal often. Problems with hammer availability, hammer weight, cost, etc.
Another goal is to have the weight of pile hammer "ram" (the striking part) equal or exceed weight of the pile... hard to do for a large concrete pile. This ties into the following goal:
When comparing hammers with the same energy rating, pick the one with the heaviest weight falling the shortest distance. The goal is to have the impact of the ram and pile to be at as low velocity is possible. (Actually, the ram strikes a "follow block" that is positioned on top of the pile... but we will ignore that for this discussion). A low velocity impact allows more complete energy transfer (moving ram to stationary pile) during the time (milliseconds) that they are in contact. Many engineers are of the mistaken belief that a high-speed, elastic impact is preferable... this is just plain wrong and if fairly easy to disprove by looking at examples of actual pile hammer specs.
Another goal is to have the hammer operate at a high blow count (blows per minute). Ideally, a pile would be "pushed" continuously into the soil... not possible with an impact hammer.
As you can see, there are a lot of compromises and the contractor has to balance all of these (and few more) to select the best available hammer for a project.
Fifty feet deep is a lot to ask of a pile driver. Depending on the design and use of the pile, you may want to consider allowing the contractor to earth auger a slightly undersized hole for much of that depth. The last several feet should be driven without earth augering.