A Coin rising through the ranks with an ever increasing base of fans and a highly dedicated an knowledgeable DEV, ISO E-Currency coin is one of those ‘sleepers’ that will make many a miner happy over the coming weeks. ISO is using the SHA256 algorithm similar to Bitcoin and there will be 900 million coins in total. This is purely a POW coin so will be favored by miners predominantly then along the way investors will also gain quick interest as development goes forth.
Building an ASIC miner with FPGA chips or manufactured IC's available on the market
Hi again. I recently made a post on using Arduino to replace bitcoin miners and i realized how crazily stupid that decision would be seeming as a typical Arduino has a hash rate of around 50 Now I needed a new way to build an ASIC miner seeing as Arduinos are out of the question. The two possible methods I came up with/discovered was by using multiple FPGA chips to do the exact calculations needed. The other is by using pre-manufactured IC's from older GPU's, buying them in bulk and building many GPU's that are built around those IC's I have three questions:
What do you guys think about using FPGA's or manufactured IC's to make the bitcoin miner?
Are there any articles you know of where people have attempted a similar project
Am I correct in thinking that, when mining bitcoin, only one miner in the world will gain bitcoin from verifying each block in the blockchain? How could this realistically make anyone a profit?
As I understand it, the hard part of mining bitcoin isn't in verifying the transaction, it's in being the first to find the hash equal to or lower than the target hash. If there are millions of miners all over the world looking for that hash, including giant, multiple-building farms, and only one block is added to the blockchain every 10 minutes, how could anyone mining from home hope to make any profit at all? Would you not just be losing stupendous amounts of money on gear and electricity and always be losing the 'hash race' to someone out there with a more powerful computer? I know and appreciate that people do this purely as a hobby and not always to make money, but I can't see how you could ever make money at all when competing with factory-sized water-cooled farms in China. I presume there's some key point I'm missing that will make everything instantly clear but I can't find it in any other explanation. Also (side question) if it is true that in order to solve the numerical problem you need to find the hash lower than or equal to the target hash, and there's no extra reward for being the closest, only for being the first, why would you not just guess the lowest possible hash every time? thank y'all
A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more
A drop in Bitcoin’s on-chain transaction activity has resulted in miners making just 30 BTC per day. People are not interested in transacting on the bitcoin blockchain, instead, they are just tokenizing their holdings for DeFi markets, or just buying more (x-post from /r/Cryptocurrency)
Bitcoin is obviously the future of currency so make minecraft a bitcoin miner since it basically uses your entire cpu anyways. Maybe that's how. They could add multithreading too, use the extra cpu threads for bitcoin.
10-07 22:26 - 'Last 2days a miner and bitcoin generator, generated me 0.5btc in my blockchain wallet..just making everyone aware if they really wanna invest in generating bitcoin cuz I just made some fund from it and don’t let this...' by /u/Clifford_richard removed from /r/Bitcoin within 161-171min
So well I'm currwntly making a bitcoin miner mod for myself and have all set but I need advice what I should write to make that 1 item of them pays 1k monthly plus that they use a certain amount electricity on a weekly base. Can someone help me ?
After many months of teaching myself how to make games, I've fully released my Bitcoin themed mobile game 'Bitcoin Miner'. You can now play as the classic Bitcoin internet money meme. Link to play store in the comments. (repost, other post got flagged for a word I used)
[ Bitcoin ] pretty cool training on how to make money as a miner
[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by iwonderthed [link] This is pretty cool free training I came across that seems like a great way for miners or beginners to make a little extra money on the side.its pretty long, over an 1hr nbut the presenter seems like a really successfull online businessperson and the method seems prety easy.I was wondering if anyone else has tried out these methods for making money on internet Send replies to my inbox if you are ready iwonderthed your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please PM me.
03-19 17:35 - 'Yes that’s right inefficient miners or miners who’s mining rigs are no longer economical and have to sell because mining a block costs more in electric an Labour than they make. / Efficient miners ummm there are none w...' by /u/CreepyCranfield10 removed from /r/Bitcoin within 4-14min
''' Yes that’s right inefficient miners or miners who’s mining rigs are no longer economical and have to sell because mining a block costs more in electric an Labour than they make. Efficient miners ummm there are none when prices are under the costs of mining a block whether that’s a larger pool like f2pool or not if prices don’t rise they’ll eventually be in a state of Bankruptcy. So basically along comes Tether or a whale or two who puts them back into mining profit, it’s a scam. ''' Context Link Go1dfish undelete link unreddit undelete link Author: CreepyCranfield10
Here’s another example using Antminer S9 Bitcoin miner. This miner does 14 Terra hashes a second and uses 1350 watts.. If you plug 14 Terra hashes on the mining profit calculator and considering the power consumption, you will probably use $3.90 power every day if you are paying $0.12 kilowatt per hour. In a year, you will pay around $1,423 for power consumption just to run Antminer S9. Bitcoin Miner Software The most powerful mining engine of 2020. ... If you have wondered how many people make great uses of money with Bitcoin, now you know, the only thing is that they dared and were rewarded, do not think about it, join now! Buy a Mining Key! This is what sets us apart from others Some of our advantages. Secure Connection Our website encrypts the transfer of your earnings ... Electricity costs can be what make or break you as a Bitcoin miner. While not as excessive as many think, Bitcoin miners still do use up a fair amount of electricity. And if your electric bill is already expensive, this might be the thing that takes you over the edge. For this reason, Bitcoin mining is the most cost effective for people who get their electricity relatively cheaply. That way ... StartMiner is Bitcoin miner with fully automatic process. Start earning Bitcoin now! Home; Affilite Program; Payouts; FAQ; Contacts; Welcome to leading Bitcoin mining pool! Our members already received 1966.5970722 Bitcoins since launch 1499 days ago. Start Mining We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff. Start mining ... However, there is a way to make money mining Bitcoin without moving to China to set up a mining farm. With the recent drop in Bitcoin price from the $11,000-handlle to the lower $ 8,000’s, many mining companies are going broke that bought equipment at prices above the $10,000-handle. As a result, you can find second-hand mining rigs, with plenty of service life, for auction prices on sites ...
7 DAY$-24/HR$ - BITCOIN MINING EXPERIMENT - See How Much ...
In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... Mining Bitcoin is as easy as installing the mining software on the PC you already own and clicking start. Anyone can do this and see the money start rolling ... Setup your Bitcoin Mining Software. In this Walkthrough you'll see me set up the EasyMiner Bitcoin software. This is 3 of a 3-part Walkthrough on Bitcoin Min... Learn how to use and setup a bitcoin miner to earn bitcoins , litecoins , dogeecoins etc. Download miner from https://easyminer.net/Downloads/ This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat...