5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)
5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)
What Is an ASIC miner? Digital Trends
Bitcoin Mining Pool Bitcoin.com
ASIC - Bitcoin Wiki
ASIC Virtual Currency Miners for Bitcoin for sale eBay
DigiByte: More Secure, Faster & Forward Thinking
DigiByte is more than a faster digital currency. It is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications and secure authentication.
An application-specific integrated circuit (ASIC) miner is a device that is designed for the sole purpose of mining—not coal, but rather digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a Bitcoin ASIC miner can mine only bitcoin.
r/Bitcoin "I’m looking to start mining bitcoin from my bedroom. What ASIC would you suggest?" ... Answer: "Apart from the heat and noise, having free electricity is not enough ..."
@BinanceResearch: Bitcoin Gold is up 5.36% in the last 24 hours. But what is $BTG? It's a Bitcoin fork that changed the scripting function & the supply to curb ASIC mining. Some people think #BTG is superior to #Bitcoin. Do you? Read our report and see for yourself ⬇️ https://t.co/w4OF4xEjgb
I have two "ASICMINER Block Erupter 333MH/s ASIC USB BTC Bitcoin Miner SHA256" can somebody help me on what software do i need that will use these usb asics and mine bitcoin or any other crypto coin. (i don't care if is it profitable orn not)
What will happen when the last bitcoin is mined ? who will maintain the network, confirm transactions and what about the "ASICS" ?
18M of 21M have been mined. i'm not sure to understand how the network will be secured after that if no more rewards (posting here because proudly banned from /Cryptocurrency and /bitcoin)
I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? When mining is done will price skyrocket? What will that last mined coin need to be worth to justify all the mining operations?
I'm thinking about mining bitcoins in Venezuela, where electricity is cheap. What ASIC should I use?
Hi, I'm thinking about mining bitcoins in Venezuela, where the electricity cost = 1/30 than that of the US. My main concerns for now are:
What ASIC should I buy? It should be a reliable vendor, one that delivers the machine on time (instead of doing it after months or even never)
Are there any TRUSTABLE benchmarks on the internet about hashing speed for every ASIC, profitability depending on the device and electricity cost, etc?
What software should I run on the ASIC? Does it come with the machine or should I get it somewhere else?
Should I consider joining a pool one I have the ASIC(s), instead of going solo?
Thanks in advace for any advice you may have for me!
I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? What mining is done will price skyrocket? /r/Bitcoin
I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? When mining is done will price skyrocket? What will that last mined coin need to be worth to justify all the mining operations? /r/Bitcoin
Agree/Disagree? --> Vertcoin is what all the other scrypt coins were trying to be: a more egalitarian mining environment than bitcoin... until scrypt ASICs ruined those plans.
The title pretty much sums up why I decided early-on to buy into vertcoin. I recognized that it would fill the scrypt niche better than any other scrypt coin. I wanted to see how many people in this community share this feeling. And for those who either disagree or are in this community primarily for a different reason, I'm intrested in knowing why! Thanks fellow Verters!
What BU is doing by jeopardizing the hard earned coins of the early miners is despicable. The community should punish them severely. ASIC mining is nothing but "set it and forget it." For years, /r/Bitcoin
I'm thinking about mining bitcoins in Venezuela, where electricity is cheap. What ASIC should I use?
Hi, I'm thinking about mining bitcoins in Venezuela, where the electricity cost = 1/30 than that of the US. My main concerns for now are:
What ASIC should I buy? It should be a reliable vendor, one that delivers the machine on time (instead of doing it after months or even never)
Are there any TRUSTABLE benchmarks on the internet about hashing speed for every ASIC, profitability depending on the device and electricity cost, etc?
Should I consider joining a pool one I have the ASIC(s), instead of going solo?
Thanks in advace for any advice you may have for me!
Inspired by the discussion on the cc subreddit (which I won't link to), I have some questions.
These Nakamoto coefficients aren't very comparable. Miners can reassign their hashrate at any time. Hashrate also has an ongoing, real expense. Nano votes can't be reassigned if the network is controlled, and there's no out of band "real" cost to acquire or maintain control. Thus, it's extremely misleading to try and compare these.
I would say that indeed hashrate has an ongoing, real expense so indeed, performing a 51% attack on Bitcoin will cost you on a per hour basis. On the other hand, get a 51% majority of Nano and you essentially block the network for eternity from what I understand. Bitcoin would most likely also collapse in value if a 51% attack was successfully performed, because even if it were to go offline for an hour and just a few doublespends were performed, it would undermine the store of value mantra quite strongly. Some sides notes here are, of course, that getting a 51% majority delegates for Nano is extremely difficult or expensive, as you need to buy up a large percentage of the supply yourself or you need to convince a lot of people to delegate to you, which hopefully only works if you build services that use Nano and therefore, in both cases, you have a vested interest in ensuring the Nano network remains valuable. On the other hand, Bitcoin miners have made large investments in ASICs which means they are strongly incentivized in the same sense, they want the Bitcoin network to remain valuable. Convincing either enough large Nano holders, or large swathes of Bitcoin hash power, would therefore be difficult. However, wouldn't it, generally, not be easier to find hash power outside the large miners currently mining than it would be to find Nano to give yourself a majority? I'm thinking that to get a 51% majority in Nano as said earlier you need to buy up enough of the outstanding Nano, or convince holders with a vested interest in the value of the Nano network. For Bitcoin however, I could rent out a chunk of Amazon's computing power and set up my own temporary mining operation to compete with the mining pools currently available. It would still be expensive, but, I am assuming, less so than taking the Nano option (even with current market caps). Is this a fair comparison? Or am I misrepresenting how easy it would be to get a Nano majority, or misrepresenting how difficult it would be to find alternative hash power to mine Bitcoin? Edit: Comparing to Bitcoin because it has the most hash power, this goes for all PoW crypto.
What do you guys think about the possibility of using lots of Arduinos to possibly replace expensive GPU's in bitcoin mining
I'm not sure what I'm talking about here too much but I'm pained to see expensive GPU's that the ultra-rich buy in the thousands and mine so much bitcoin. My attempts of bitcoin mining with my PC were a failure because my 4GB GPU is not strong enough at all Renting ASIC miners are mostly scams and I will not get much return The one thing I'm forced to go to is to make my own GPU by my self and see if there is a possibility of working a with a general PC As far as I'm aware this has never been done before and by no means do I expect an Arduino graphics card to be as strong as an early 2000's GPU but my thinking is: If I can buy the components for a cheap price then I can assemble an array of weak GPU's to become a far stronger one If this whole idea is a flop and there is no real way to make money, I want to use this as a learning experience So the first thing I want is a discussion on whether or not this could even achieve and become compatible with a PC. Whether it be a gaming PC or a raspberry Pi The next is some sources on how GPU's work and their pinout and whatnot I really don't expect any positive comments in this comment section since what I'm thinking of doing is near enough outrageous Xd
Ceterum censeo: In some yet undefined future - the halving must be removed. The question is not: if, but when (and how)
Bitcoin's mining ecosystem is saturated. Period. The ASIC race has weakened as it has moved closer to the technological limits - achieving some kind of fragile balance. The best proof of this is Bitmain's search for new areas (vide: AI research) After more than a decade, we are smarter than Satoshi at least in one area - we have the knowledge acquired over these more than ten years ... "Bitcoin should have had a 0.1% or 1% monetary inflation tax to pay for security." (Peter Todd): https://www.google.com/search?q=peter+todd+inflation If someone cannot accept the inevitability of this right now - let him think if he would change his mind while he sees the consecutive halvings - after which the network hashrate drops half by half - and does not return to the previous level, ever... (I suppose we can see that process in 4 years already...) And the trigger could be like this (of course after general consensus):
If on X (e.g. 2016) blocks before the incoming halving the network difficulty is lower than 212016 blocks backward - the next halving should be removed - as a strictly destructive event now for the Bitcoin network (or greater X for smooth hardfork)
That would be an "organoleptic" determination of the optimal inflation rate for the Bitcoin network - and there is simply no better way to determine it. Just don't belive such simplification, when is hard to find an optimum for something - the ultimate solution is zero. It's not. Remember, that Bitcoin is not an entity detached from the reality. There are various limitations, e.g. nanometer-based technological processes limitations, there is a finite amount of cheap energy that can be obtained on a global scale, etc.) Bitcoin functions in certain realities - whether we like it or not. Sooner or later the situation described above will get us. It is worth to be prepared mentally for it - and not to start another war, but rather discuss it calmly. If, for example, 90% of the community considers that something is necessary for the development of bitcoin - such a change will take place. For example, the theoretical exchange of ECDSA due to the threat of quantum computers - acceptance would take place at an express rate. It will be similar in this matter. Just it shouldn't be too late for corrective action. The small inflation rate, decreasing continuosly and slowly but never to zero, and last but not least: determined by reality - seems to be the most proper measure in this case. Ceterum censeo... EDIT: If: a) tx fees are able to keep miners mining - perfect b) miners are pushed out by consecutive halvings - not perfect What I proposed is unbiased way for checking that (bitcoin ecosystem overall health): if(current_network_hashrate < network_hashrate_4_years_ago) { do_something(); } else do_nothing();
Today, whether you’re mining Bitcoin, Litecoin, DASH, or a host of other cryptocurrencies, the most effective way to do so is with dedicated hardware known as an ASIC miner. And even then it’s ... Different Bitcoin mining hardware features different performance levels. And with the ever-increasing complexity of the Bitcoin mining calculations, you will need to have the best asic miner. In this piece, we review some of the best Bitcoin mining hardware and shed light on some of the factors to consider in your search of the best mining ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware, ASICs were the next step of development after CPUs, GPUs and FPGAs. Bitmain Antminer Rental S9 Mining Contract 13.5TH ASIC Bitcoin HASHING 24 Hours. $3.00. Free shipping. Make Offer - Bitmain Antminer Rental S9 Mining Contract 13.5TH ASIC Bitcoin HASHING 24 Hours. Bitmain Antminer s9i 14Th/s w/ APW3++ Power Supply Bitcoin Miner (FREE SHIPPING) $89.00.
What Do YOU Need to MINE ONE BITCOIN In 2020?! - YouTube
Where do Bitcoins come from, and what is Bitcoin "mining"? Peter van Valkenburgh, Director of Research at Coin Center, explains the role of miners in a syste... ***DONT BUY***SCAM ALERT!*** Guys here is the inside of the ASICMiner 8 nano that is using a liquid cooled water system for bitcoin mining and asic hardware. If you do purchase this unit and want ... Is it worth it to mine Bitcoin? Aside from the altruistic act of securing the BTC network via Proof-of-Work PoW, Bitcoin mining doesn't make cents or sense n... Is it worth mining Crypto in 2019-2020? What to mine and how to mine? Mining is dead, they say. Is it true? We are going to take a look, Evgeny Latyshev, and... Today we dive deep into the world of ASIC mining, an ASIC miner is an application specific integrated circuit miner aka it is a purpose built machine that can only do one thing, which is mine a...
