5 Popular ASIC Miners for Bitcoin Mining in 2019

Bitcoin Core (Blockstream) added a pull request to merge Luke Jr's controversial GPU PoW algo change, and within just a few hours Bitcoin Core added a "consensus" label to it! What are they thinking? Wlad at least says it needs more discussion but this change will make ALL ASIC MINERS obsolete.

Bitcoin Core (Blockstream) added a pull request to merge Luke Jr's controversial GPU PoW algo change, and within just a few hours Bitcoin Core added a submitted by Gobitcoin to btc [link] [comments]

Mine It to the Limit! Chinese Firm Makes Billions From #Cryptocurrency. Bitmain managed to take this activity to a whole new level by raking in more money last year than Nvidia. Bernstein estimates that Bitmain currently has an estimated “70 to 80 percent of market share in bitcoin miners and ASICs”

Mine It to the Limit! Chinese Firm Makes Billions From #Cryptocurrency. Bitmain managed to take this activity to a whole new level by raking in more money last year than Nvidia. Bernstein estimates that Bitmain currently has an estimated “70 to 80 percent of market share in bitcoin miners and ASICs” submitted by poster5439 to Sino [link] [comments]

Just bought 1 share of ASIC Miner on BTC-TC: for 1.78 bitcoins: Did I Make a Mistake?

I've read a bit about buying these Pass-Through shares of ASIC today but I admit that I'm not precisely sure if it's a good investment or not.
It cost me 1.78 bitcoins, nearly $200, so not a huge investment but certainly enough to make me watch it. Apparently it pays out a small weekly dividend.
So, did I buy in too late, as usual?
submitted by shadallion to Bitcoin [link] [comments]

Cottage has cheap power, wondering about ASIC miners. Not an expert, so does it make any sense? /r/Bitcoin

Cottage has cheap power, wondering about ASIC miners. Not an expert, so does it make any sense? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Are there any other companies than Bitmain that makes ASIC miners? And do you know of any better ASIC miners? /r/Bitcoin

Are there any other companies than Bitmain that makes ASIC miners? And do you know of any better ASIC miners? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is there any other companies than Bitmain that make ASIC miners? /r/Bitcoin

Is there any other companies than Bitmain that make ASIC miners? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Future asic miner makers should make the devices useful for another thing after their use as bitcoin miner is over. I know they are specialized but load one more useful speciality.

submitted by georedd to Bitcoin [link] [comments]

Bitcoin Core (Blockstream) added a pull request to merge Luke Jr's controversial GPU PoW algo change, and within just a few hours Bitcoin Core added a "consensus" label to it! What are they thinking? Wlad at least says it needs more discussion but this change will make ALL ASIC MINERS obsolete.

Bitcoin Core (Blockstream) added a pull request to merge Luke Jr's controversial GPU PoW algo change, and within just a few hours Bitcoin Core added a submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What Monero hodlers would say to a bitcoin maximalist?

Why Monero will not fail?
Is Monero as *decentralized*, permissionless, trustless and censorship resistant as bitcoin?
submitted by dogguardwhitle to Monero [link] [comments]

China is a threat to bitcoin?

I understand that 51% Attack is very costly and probably won't probably much financial incentive to the one who orchestrates it. I came across this blog post called How China can kill bitcoin and thought that the author does have quite a good point (despite the tone of the blog post). He argued that the top 4 Chinese mining pools alone represent more than 51% of the hashrate and if the Chinese government are to forcibly commandeer these top 4 mining pools (without having to buy new mining equipment) then they can easily orchestrate the 51% attack within an hour and a double-spend would have been successful.
A few questions:
  1. If this all is true, wouldn't you say that China is quite a big threat to the existence of bitcoin? Isn't this something we should be more worried about? (it seems that most of bitcoin community just assumed that no one will attempt the 51% attack and it has been debunked many times). I don't know what could be the incentives for China to do this (cracking down money laundering?) but does the fact that they could do this if they want to concern you?
  2. Will bitcoin mining be more decentralized (esp away from China) in the future? It seems that miners should go wherever there is cheap electricity, why haven't more countries jumped in?
  3. Can anyone comment about Stratum V2? Will it help address the problem by giving the control to miners o select their own transaction sets? When will it be ready?
submitted by stackingsatseveryday to BitcoinBeginners [link] [comments]

Is there a chance the miner dev was paid off by some ASIC players to not publish Verthash to Github?

If so, is there a backup plan?
submitted by forks3920spoons to vertcoin [link] [comments]

Bitcoin miner found in CSGO

https://twitter.com/GoTSkillZYT/status/1311491078579601408
betting this is why Cox "left valve" yesterday
submitted by otherchedcaisimpostr to VACsucks [link] [comments]

Is mining worth it for individuals?

I have done my fair bit of research on bitcoin and how mining works and difficulty.
Most people on different crypto reddit and blogs are indicating that mining is almost over for individuals and is only for corporations.
I have an electricity rate of 0.0075$/kWh. And an investment of $100k. From what I have researched it could still be beneficial. While i could still just buy bitcoin, mining seems safer and could turn into a passive income.
With the recent increase in difficulty that could prove that it's getting alot harder for day to day miners to keep at it. Any thoughts?
submitted by blacktar555 to BitcoinBeginners [link] [comments]

Everybody thinks they missed the boat

Everybody thinks they missed the boat submitted by nanooverbtc to CryptoCurrency [link] [comments]

BUILDING MY FIRST FULL NODE :0

BUILDING MY FIRST FULL NODE :0 submitted by bricemcduffie to Bitcoin [link] [comments]

Newbie Help

So I'm getting an RTX 3080 from Nvidia and that has a hashrate of 75 MH/s but on eBay how come I can buy a USB Bitcoin Miner ( GekkoScience Newpac USB Bitcoin Miner ) for £55 and get 28 GH/s which equates to £450 per day in terms of etherium currency (at the current price). I'm pretty sure this is too good to be true? Am I right? There are several others similar to this such as renting a 250 TH/s mining setup for 24 hours for only £40 but with the 250 TH/s you could make £4.6k per day. I am very confused...
submitted by Flake7811 to EtherMining [link] [comments]

Is mining profitable in 2020?

Do people profit by mining anymore? If not why do people mine if it is no profit? If mining is profitable then how? I am looking at cost of different asic hardware. Even at bulk prices and with free electricity the online mining reward calculators still show a loss by never recovering the price of hardware. Or in a good situation just a cut even. Is mining on bitcoin now only reserved to the few elitist who manufacture asic machines?
The claims that it is profitable because bitcoin value go up is invalid. Because at that case better off to just buy bitcoin and hodl instead of buying asic with it. Or if bought the hardware using bitcoin may never recover costs.
How is lack of asic resistance not an issue?
submitted by kryptotrayder to Bitcoin [link] [comments]

Pool resistance

What are the possible ways to make Monero pool resistant and force solo mining in the protocol level?
submitted by AllInXMR to Monero [link] [comments]

This can be done for BTC as well right?

This can be done for BTC as well right? submitted by RunPhive to Bitcoin [link] [comments]

GPU or Asic mining

Ok, A little backround. I know hardware and networking. I can build just about any config of a computer. I understand overclocking and undervolting. I can invest around 2,700 for initial investment.
So do I buy hardware to build a GPU miner with at least 6 cards or more? Probably RX580 as they are cheap and I have one in my rig. More on that later.
Or do I a Asic miner like this I understand a GPU miner is multiple coins and not Bitcoin, and Asic is nothing but Bitcoin.
I've done the math on the Asic miner and the ROI in about 3 months with a net gain of about ~10,000 USD a year @ .13 cents per Watt.
I've had a hard time finding a solid or semi way of calculating the earnings for a GPU miner. Not only because it is many coins or dedicated to one coin, but there our other variables involved. However I have more control of the hardware if it fails.
I dipped my toe into mining with my own rig that has a RX580 fatboy and a AMD Phenom ii x4 955 black edition. I overclocked the GPU and undervolted the CPU to reduce heat since it was hitting 62 cel.
The GPU gets 12.5 sol/s and the CPU was getting ~322 h/s. All this added up to ~170 watts and a net of .00218322 BTC/Month. This was all done using Cudo as it was easy to find and setup just to test. This was just a test to see how it would work. I wouldn't use Cudo to full scale as it is a pool and the transfer to a Wallet is pretty steep in relationship to earns. I understand that in a pool you get your share based upon how much of the "work" you did to get find block.
So do I build or buy? With that much computation power do I need to join a pool? What software is best for pool or alone? I am comfortable with CLI as long as it's well documented, but would like a remote GUI.
Also what is the best wallet with the best fees for transactions. Currently using uphold since I use Brave.
I think I covered as much as I could, if you have any questions let me know. Any advice would be great. If I should post this else where let me know please or I could just cross post it.
TIA. Be safe, stay safe!
Edit: Words and BTC earning was WAY off then I first typed this.
submitted by P_Munky to bitcoinhardware [link] [comments]

May Chinese gov't control BTC? An hypotesis

Hello,
this is a post talking about an hypothesis, so please no fear or hate, I'm just writing this to know other opinions, don't take this as an end-of-the-world warning.
We know how much the chinese people are involved into BTC: more than half of the BTC is mined in China, they even built mini power plants to use the energy to mine BTC.
Also, we don't know the identity of the creatocreators, who claimed to create the BTC to stand against the big FIAT system.
What if the Chinese gov't invented the BTC? If they had more than a half of the network, might they control it? What benefits would they get from this? Could they contr the "anarchic" currency in the shadows, like the banks control the FIATs today? What do you think?
submitted by Ilovemuffinandcakes to Bitcoin [link] [comments]

Skepticism Sunday – May 10, 2020

Please stay on topic: this post is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
NOT the positive aspects of it.
Discussion can relate to the technology itself or economics.
Talk about community and price is not wanted, but some discussion about it maybe allowed if it relates well.
Be as respectful and nice as possible. This discussion has potential to be more emotionally charged as it may bring up issues that are extremely upsetting: many people are not only financially but emotionally invested in the ideas and tools around Monero.
It's better to keep it calm then to stir the pot, so don't talk down to people, insult them for spelling/grammar, personal insults, etc. This should only be calm rational discussion about the technical and economic aspects of Monero.
"Do unto others 20% better than you'd expect them to do unto you to correct subjective error." - Linus Pauling
How it works:
Post your concerns about Monero in reply to this main post.
If you can address these concerns, or add further details to them - reply to that comment. This will make it easily sortable
Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
The comment that mentions the biggest problems of Monero should have the most karma.
As a community, as developers, we need to know about them. Even if they make us feel bad, we got to upvote them.
https://youtu.be/vKA4w2O61Xo
To learn more about the idea behind Monero Skepticism Sunday, check out the first post about it:
https://np.reddit.com/Monero/comments/75w7wt/can_we_make_skepticism_sunday_a_part_of_the/
submitted by AutoModerator to Monero [link] [comments]

How Much Can You Make - All ASIC Miners Review For 2018 ... Bitcoin ASIC MINER (Antiminer) Built in Home, DIY Project AntMiner S9 Bitcon Asic SHA256 Miner BITMAIN How to mine Bitcoins with ASIC Miners DIY Bitcoin Mining: Hardware (part1) - YouTube

They are able to mine Bitcoin at a higher hash rate (speed of processing transactions) than CPUs, GPUs and FPGAs. Several manufacturers produce their own ASIC chips and miners. For this part of the Bitcoin mining guide we will use the current top miner on the market the Bitmain AntMiner S9. Asic Miner Market, the most advanced cryptocurrency mining, hash hardware service. We sell Asic GPU, Coin, Hash, Mining hardware, and solutions. Why bother with risky mining contracts or renting when you can buy hashing power directly? Asicminer Market brings more sense to the market. Tardis ASIC Bitcoin miner uses 6300W of power to mine your favorite Cryptocurrency. Besides it also weighs around 37000g which is a lot less than the industry average. In comparison, Bitmain S17 BTC mining hardware only weighs 9500g. Talking about returns, a person can make $17 a day in profit from this Bitcoin mining equipment. However, as with the rest of the above ASIC bitcoin miner, the ... Given the payback period, as well as the prospects of SHA-256 algorithm and the demand for Bitcoin, this ASIC can still be considered as a budget entry to mining cryptocurrency. Antminer R4. ASIC miner Antminer R4 is a product of the well-known manufacturer Bitmain, featuring a high hashrate of up to 8.7 TX/s and relatively low power consumption of 845 watts. The device is positioned as ASIC ... A typical Bitcoin miner from Bitmain comes at a price of around $1,100.The one interesting thing about Bitmain miners is that they come with a three month warranty. Depending upon the model that you choose, the hash rate of the miner varies from 8 to 14 TH/s. Each model has its own efficiency and depending on that, the profitability of the ASIC miners also varies. There have been reports where ...

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How Much Can You Make - All ASIC Miners Review For 2018 ...

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... Bitcoin ASIC MINER (Antiminer) Built in Home, DIY Project. When you want to built your won Bitcoin ASIC Miner, Then you need below Hardware. All hardware you can get in Alibaba.com But some ... Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen.com/get/Bitcoins Raspberry Pi: http://amzn.to/2l6yrW7... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL For cool merch and bitcoin mining equipment checkout - https://www.bitcoinmerch.com/ Visit our beloved... AntMiner S9 + 1600W PSU 11.85Th/s two fan,11850Gh/s Asic Miner, Bitcon Miner, 16nm BTC Mining, Power Consumption 1172w, SHA256 Заказываем здесь: http ...

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