Best Bitcoin Mining Hardware

Bitcoin Mining Profitability: How Long Does it Take to Mine One Bitcoin in 2019?

When it comes to Bitcoin (BTC) mining, the major questions on people’s minds are “how profitable is Bitcoin mining” and “how long would it take to mine one Bitcoin?” To answer these questions, we need to take an in-depth look at the current state of the Bitcoin mining industry — and how it has changed — over the last several years.
Bitcoin mining is, essentially, the process of participating in Bitcoin’s underlying security mechanism — known as proof-of-work — to help secure the Bitcoin blockchain. In return, participants receive compensation in bitcoins (BTC).
When you participate in Bitcoin mining, you are essentially searching for blocks by crunching complex cryptographic challenges using your mining hardware. Once a block is discovered, new transactions are recorded and verified within the block and the block discoverer receives the block rewards — currently set at 12.5 BTC — as well as the transactions fees for the transactions included within the block.
Once the maximum supply of 21 million Bitcoins has been mined, no further Bitcoins will ever come into existence. This property makes Bitcoin deflationary, something which many argue will inevitably increase the value of each Bitcoin unit as it becomes more scarce due to increased global adoption.
The limited supply of Bitcoin is also one of the reasons why Bitcoin mining has become so popular. In previous years, Bitcoin mining proved to be a lucrative investment option — netting miners with several fold returns on their investment with relatively little effort.
bitcoin mining hardware
Mining Hardware
The mining hardware you choose will mostly depend on your circumstances — in terms of budget, location and electricity costs. Since the amount of hashing power you can dedicate to the mining process is directly correlated with how much Bitcoin you will mine per day, it is wise to ensure your hardware is still competitive in 2019.
Bitcoin uses SHA256 as its mining algorithm. Because of this, only hardware compatible with this algorithm can be used to mine Bitcoin. Although it is technically possible to mine Bitcoin on your current computer hardware — using your CPU or GPU — this will almost certainly not generate a positive return on your investment and you may end up damaging your device.
The most cost-effective way to mine Bitcoin in 2019 is using application-specific integrated circuit (ASIC) mining hardware. These are specially-designed machines that offer much higher performance per watt than typical computers and have been an absolutely essential purchase for anybody looking to get into Bitcoin mining since the first Avalon ASICs were shipped in 2013.
When it comes to selecting Bitcoin mining hardware, there are several main parameters to consider — though the importance of each of these may vary based on personal circumstances and budget.
Performance per Watt
When it comes to Bitcoin mining, performance per watt is a measure of how many gigahashes per watt a machine is capable of and is, hence, a simple measure of its efficiency. Since electricity costs are likely to be one of the largest expenses when mining Bitcoin, it is usually a good idea to ensure that you are getting good performance per watt out of your hardware.
Ideally, your mining hardware would be highly efficient, allowing it to mine Bitcoin with lower energy requirements — though this will need to be balanced with acquisition costs, as often the most efficient hardware is also the most expensive. This means it may take longer to see a return on investment.
In countries with cheap electricity, performance per watt is often less of a concern than acquisition costs and price-performance ratio. In most countries, operating outdated mining hardware is typically cost prohibitive, as energy costs outweigh the income generated by the mining equipment.
However, this may not be the case for those operating in countries with extremely cheap electricity — such as Kuwait and Venezuela — as even older equipment can still be profitable. Similarly, miners with a free energy surplus, such as from wind or solar electric generators, can benefit from the minimal gains offered by still running outdated hardware.
Longevity
The lifetime of mining hardware also plays a critical role in determining how profitable your mining venture will be. It’s always a good idea to do whatever possible to ensure it runs as smoothly as possible.
Since mining equipment tends to run at a full (or almost full) load for extended periods, they also tend to break down and fail more frequently than most electronics — which can seriously damage your profitability. Equipment failure is even more common when purchasing second-hand equipment. Since warranty claims are often challenging, it can often take a long time to receive a warranty replacement.
Price-Performance Ratio
In many cases, one of the major criteria used to select mining hardware is the price-performance ratio — a measure of how much performance a machine outputs per unit price. In the case of cryptocurrency mining hardware, this is commonly expressed as gigahashes per dollar or GH/$.
Under ideal circumstances, the mining hardware would have a high price-performance ratio, ensuring you get a lot of bang for your buck. However, this must also be considered in combination with the acquisition costs and the expected lifetime of the machine — since the absolute most powerful machines are not always the cheapest or the most energy efficient.
Acquisition Costs
Acquisition costs are almost always the biggest barrier to entry for most Bitcoin miners since most top-end mining hardware costs several thousand dollars. This problem is further compounded by the fact that many hardware manufacturers offer discounts for bulk purchases, allowing those with deeper pockets to achieve a better price-performance ratio.
Acquisition costs include all the costs involved in purchasing any mining equipment, including hardware costs, shipping costs, import duties, and any further costs. For example, many ASIC miners do not include a power supply — which can be another considerable expense, since the 1,000W+ power supplies usually required tend to cost several hundred dollars alone.
Ensuring your equipment runs smoothly can also add in additional costs, such as cooling and maintenance expenses. In addition, some miners may want to invest in uninterruptible power supplies to ensure their hardware keeps running — even if the power fails temporarily.
asic mining
Current Generation Hardware
One of the most recent additions to the Bitcoin mining hardware market is the Ebang Ebit E11++, which was released in October 2018. Using a 10nm fabrication process for its processors, the Ebit E11++ is able to achieve one of the highest hash rates on the market at 44TH/s.
In terms of efficiency, the Ebang Ebit E11++ is arguably the best on the market, offering 44TH/s of hash rate while drawing just 1,980W of power, offering 22.2GH/W performance. However, as of writing, the Ebang Ebit E11++ is out of stock until March 31, 2019 — while its price of $2,024 (excluding shipping) may make it prohibitively expensive for those first getting involved with Bitcoin mining.
Another popular choice is the ASICminer 8 Nano, a machine released in October 2018 that offers 44TH/s for $3,900 excluding shipping. The ASICminer 8 Nano draws 2,100W of power, giving it an efficiency of almost 21GH/W — slightly lower than the Ebit E11++ while costing almost double the price. However, unlike the E11++, the 8 Nano is actually in stock and available to purchase.
ASICminer also offers the 8 Nano Pro, a machine launched in mid-2018 that offers 80 TH/s of hash rate for $9,500 (excluding shipping). However, unlike the Ebit E11++ and 8 Nano, the minimum order quantity for the 8 Nano Pro is curiously set at five, meaning you will need to lay out a minimum of $47,500 in order to actually get your hands on one (or five).
While the 8 Nano Pro doesn’t offer the same performance per watt as the Ebit E11+ or AICMiner 8 Nano, it is one of the quieter miners on this list, making it more suitable for a home or office environment. That being said, the ASICminer 8 Nano Pro is easily the most expensive miner per TH on this list — costing a whopping $118.75/TH, compared to the $46/TH offered by the E11++ and $88.64 offered by the 8 Nano.
The latest hardware on this list is the Innosilicon T3 43T, which is currently available for pre-order at $2,279, and estimated to ship in March 2019. Offering 43TH/s of performance at 2,100W, the T3 43T comes in at an efficiency of 20.4GH/W, which is around 10 percent less energy efficient than the Ebit E11++.
The T3 43T also has a minimum order quantity of three units, making the minimum acquisition cost $6837 + shipping for preorders. All in all, the T3 43T is more costly and less efficient than the E11++ but may arrive slightly earlier since Ebang will not ship the E11++ units until at least end March 29, 2019.
Finally, this list would not be complete without including Bitmain’s latest offering, the Antminer S15-28TH/s, which — as its name suggests — offers 28TH/s of hash power while drawing just under 1600W at the wall. The Antminer S15 is one of the only SHA256 miners to use 7nm processors, making it somewhat smaller than some of the other devices on this list.
Like most pieces of top-end Bitcoin mining hardware, the Antminer S15 27TH/s model is currently sold out, with current orders not shipping until mid-February 2019. However, the S15 is offered at a significantly lower price than many of its competitors at just $1020 (excluding shipping), with no minimum quantity restriction. At these rates, the Antminer comes in at just $37.78/TH — though its energy efficiency is a much less impressive 17.5GH/W.
Mining Hardware Mining Hardware Comparison
Performance (GH/W) Price Performance Ratio ($/TH)
Ebang Ebit E11++ 22.2GH/W $46/TH
ASICminer 8 Nano 21GH/W $88.64/TH
ASICminer 8 Nano Pro 19GH/W $118.75/TH
Innosilicon T3 43T 20.4GH/W $53/TH
Antminer S15-28TH/s 17.5GH/W $37.78/TH
How To Select a Good Mining Pool
Mining pools are platforms that allow miners to pool their resources together to achieve a higher collective hash rate — which, in turn, allows the collective to mine more blocks than they would be able to achieve alone.
Typically, these mining pools will distribute block rewards to contributing miners based on the proportion of the hash rate they supply. If a pool contributing a total of 20 TH/s of hash rate successfully mines the next block, a user responsible for 10 percent of this hash rate will receive 10 percent of the 12.5 BTC reward.
Pools essentially allow smaller miners to compete with large private mining organizations by ensuring that the collective hash rate is high enough to successfully mine blocks on regular basis. Without operating through a mining pool, many miners would be unlikely to discover any blocks at all — due to only contributing a tiny fraction of the overall Bitcoin hash rate.
While it is quite possible to be successful mining without a pool, this typically requires an extremely large mining operation and is usually not recommended — unless you have enough hash rate to mine blocks on a regular basis.
Although it is technically possible to discover blocks mining solo and keep the entire 12.5 BTC reward for yourself, the odds of this actually occurring are practically zero — making pool collaboration practically the only way to compete in 2019 and beyond.
Selecting the best pool for you can be a challenging job since the vast majority of pools are quite similar and offer similar features and comparable fees. Because of this, we have broken down the qualities you should be looking for in a new pool into four categories; reputation, hash rate, pool fees, and usability/features:
Reputation
The reputation of a pool is one of the most important factors in selecting the pool that is best for you. Well-reputed pools will tend to be much larger than newer or less well-established pools since few pools with a poor reputation can stand the test of time.
Well-reputed pools also tend to be more transparent about their operation, many of which provide tools to ensure that each user is getting the correct reward based on the hash rate contributed. By using only pools with a great reputation, you also ensure your hash rate is not being used for nefarious purposes — such as powering a 51 percent attack.
When comparing a list of pools that appear suitable for you, it is a wise move to read their user reviews before making your choice — ensuring you don’t end up mining at a pool that steals your hard-fought earnings.
Hash Rate
When it comes to mining Bitcoin, the probability of discovering the next block is directly related to the amount of hashing power you contribute to the network. Because of this, one of the major features you should be considering when selecting your pool is its total hash rate — which is often closely related to the proportion of new blocks mined by the pool
Since the total hash rate of a pool is directly related to how quickly it discovers new blocks, this means the largest pools tend to discover a relative majority of blocks — leading to more regular rewards. However, the very largest pools also tend the have higher fees but often make up for this with sheer success and additional features.
Sometimes, some of the largest pools have a minimum hash rate requirement ù leaving some of the smaller miners left out of the loop. Although smaller pools typically have more relaxed requirements with reduced performance thresholds, these pools may be only slightly more profitable than mining solo.
Pool Fees
When choosing a suitable pool, typically one of the major considerations is its fees. Typically, most pools will charge a small fee that is deducted from your earnings and is usually around 1-2 percent — but sometimes slightly lower or higher.
There are also pools that offer 0 percent fees. However, these are often much smaller than the major pools and tend to make their money in a different way — such as through monthly subscriptions or donations.
Ideally, you will choose the pool that offers the best balance of fees to other features. Usually, the pool with the absolute lowest fees is not the best choice. Additionally, pools with the lowest fees often have the highest withdrawal minimums — making pool hopping uneconomical for most.
Usability and Features
When first starting out with Bitcoin mining, learning how to set up a pool and navigating through the settings can be a challenge. Because of this, several pools target their services to newer users by offering a simple to navigate user interface and providing detailed learning resources and prompt customer support.
However, for more experienced miners, simple pools don’t tend to offer a variety of features needed to maximize profitability. For example, although many mining pools focus their entire hash rate towards mining a single cryptocurrency, some are large enough to offer additional options — allowing users to mine other SHA256 coins such as Bitcoin Cash (BCH) or Fantom if they choose.
These pools are technically more challenging to use and mostly designed for those familiar with mining, happy to hop from coin to coin mining whichever is most profitable at the time. There are even some exchanges that automatically direct their combined hash rate at the most profitable cryptocurrency — taking the guesswork out of the equation.
bitcoin mining pool
Best Mining Pools for 2019
The Bitcoin mining pool industry has a large number of players, but the vast majority of the Bitcoin hash rate is concentrated within just a few pools. Currently, there are dozens of suitable pools to choose from — but we have selected just a few of the best to help get you started on your journey.
Slushpool was the first Bitcoin mining pool released, being launched way back in 2010 under the name “Bitcoin Pooled Mining Server.” Since then, Slushpool has grown into one of the most popular pools around — currently accounting for just under 10 percent of the total Bitcoin hash rate.
Although Slushpool isn’t one of the very largest pools, it does offer a newbie-friendly interface alongside more advanced features for those that need them. The pool has moderately high fees of 2 percent but offers servers in several countries — including the U.S., Europe, China, and Japan — giving it a good balance of fees to features.
BTC.com is another potential candidate for your pool and currently stands as the largest public Bitcoin mining pool. It is responsible for mining around 17 percent of new blocks. Being the largest public mining pool provides users with a sense of security, ensuring blocks are mined regularly and a stable income is made.
Image courtesy of Blockchain.info.
BTC.com is owned by Bitmain, a company that manufacturers mining hardware, and charges a 1.5 percent fees — placing it squarely in the middle-tier in terms of fees. Unlike other platforms, BTC.com uses its own payment structure known as FPPS (Full Pay Per Share), which means miners also receive a share of the transaction fees included within mined blocks — making it slightly more profitable than standard payment per share (PPS) pools.
Another great option is Antpool, a mining pool that supports mining services for 10 different cryptocurrencies, including Bitcoin, Litecoin (LTC) and Ethereum (ETH). AntPool frequently trades places with BTC.com as the largest Bitcoin mining pool. However, as of this writing, it occupies the title of the third-largest public mining pool.
What sets Antpool apart from other pools is the ability to choose your own fee system — including PPS, PPS+, and PPLNS. If you choose PPLNS, using Antpool is free but you will not receive any transaction fees from any blocks mined. Antpool also offers regular payouts and has a low minimum payout of just 0.001 BTC, making it suitable for smaller miners.
Last on the list of the best Bitcoin mining pools in 2019 is the Bitcoin.com mining pool. Although this is one of the smaller pools available, the Bitcoin.com pool has some redeeming features that make it worth a look. It offers mining contracts, allowing you to test out Bitcoin mining before investing in mining equipment of your own. According to Bitcoin.com, they are the highest paying Pay Per Share (PPS) pool in the world, offering up to 98 percent block rewards as well as automatic switching between BTC and BCH mining to optimize profitability.

Electricity Costs
While your mining hardware is most important when it comes to how much BTC you can earn when mining, your electricity costs are usually the largest additional expense. With electricity costs often varying dramatically between countries, ensuring you are on the best cost-per-KWh plan available will help to keep costs down when mining.
Most commonly, large mining operations will be set up in countries where electricity costs are the lowest — such as Iceland, India, and Ukraine. Since China has one of the lowest energy costs in the world, it was previously the epicenter of Bitcoin mining. However, since the government began cracking down on cryptocurrencies, it has largely fallen out of favor with miners.
Technically, Venezuela is one of the cheapest countries in the world in terms of electricity, with the government heavily subsidizing these energy costs — while Bitcoin offers an escape from the hyperinflation suffered by the Venezuelan bolivar. Despite this, importing mining hardware into the country is a costly endeavor, making it impractical for many people.
Finding ways to lower your electricity costs is one of the best ways to improve your mining profitability. This can include investing in renewable energy sources such as solar, geothermal, or wind — which can yield increased profitability over the long term.
if you are looking to buy bitcoin mining equipment here is some links:

Model Antminer S17 Pro (56Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 56Th/s for a power consumption of 2385W.
https://miningwholesale.eu/product/bitmain-antminer-s17-pro-56th-copy/?wpam_id=17
Model Antminer S9K from Bitmain mining SHA-256 algorithm with a maximum hashrate of 14Th/s for a power consumption of 1323W.
https://miningwholesale.eu/product/bitmain-antminer-s9k-14-th-s/?wpam_id=17
Model T2T 30Tfrom Innosilicon mining SHA-256 algorithm with a maximum hashrate of 30Th/s for a power consumption of 2200W.
https://miningwholesale.eu/product/innosilicon-t2t-30t/?wpam_id=17
mining wholesale website:
https://miningwholesale.eu/?wpam_id=17
submitted by mohamadk to Bitcoin [link] [comments]

Halvening in 21 days plus a rising hashrate = increase in Doge value

Our hashrate according to Coingecko (http://www.coingecko.com/) is currently at 63.4GH/s.
This has been rising steadily since the start of June, from when it was around 40GH/s (http://bitinfocharts.com/comparison/hashrate-doge.html).
The adoption of asics is mainly what is causing the increase, and although the price is still fairly low in comparison to previous months, the steady hashrate is very welcoming.
With the next halvening in just 3 weeks time (http://www.somegeekintn.com/doge/half.html), the supply of Doge onto the market will be substantially reduced - by half in fact! ;) The main reason that Doge's price is where it is is simply due to the basic laws of supply & demand - there's just too many coins being dumped onto the market and not enough buyers to boost it.
We've expected the past halvenings to have a positive effect on the price but ultimately they haven't - however with the growing trickle of asics onto the market I'm expecting this one to be different. The rewards aren't great for mining most scrypt coins at the moment, yet people are still mining away. The faster asics still haven't touched down, but when they do they could have a very postive effect on the whole of the scrypt scene.
Many people heavily involved in Bitcoin mining that I've spoken to recently expect asics to have a similar impact to what they did for Bit, and I personally feel this to be true. I know that one person with a very large Bitcoin farm is investing a sizeable amount in a Scrypt farm - with a bunch of KNC Titan's currently on order (https://www.kncminer.com/categories/litecoin-mining-hardware) - impressive stuff!
So, will this next halvening be the first to have a real impact on the price?
EDITED: "July" to "June". Doh.
submitted by pixelkicks to dogecoin [link] [comments]

help in choosing mining hardware for profitability?

I just bought an antminer u1 which hashes oc'd at a stable 2.4GH/s for $30 shipped on ebay. I'm currently using it to mine bitcoin on bitminter. is there a more profitable sha256 altcoin? is there a more profitable pool that i should be looking at? from what I see of my current calculations, antminer u1 is unprofitable per http://www.bitcoinx.com/profit/ as it will take 3 years to make back the $30.
I'm currently running all kinds of calculations on the profitability of an additional hardware investment. the antminer s1 seems to be a (fairly) reasonably priced miner (~$300) (though i'm very annoyed they don't include a power supply grr which would be another $150 or so making the hardware investment $450) that can do an advertised 180GH/s with promises of 200GH/s overclocks if i void the warranty at ~400 watts (which im sure is really closer to 500w).
My current power rate in my area (i just looked at my bill and added up all the extras and such) is .36/KWh.
what do you guys think of general hardware bitcoin mining profitability?
are there other asic miners that i should be looking at?
EDIT: my apologies, I reworked all the numbers again and it looks like i'm only paying .162/kwh sorry about that... i was busy at work when i went through it the first time.
submitted by cpgeek to BitcoinMining [link] [comments]

My first mining service CloudHashing, is not a scam but the worst service ever.

I posted this here https://bitcointalk.org/index.php?topic=163741.msg3412553#msg3412553
"I pay for a silver contract, which is 4ghs for a year, called september contract. They said start mining on 26th of september. I paid the 9th, payment didn't show up on their site until 13th. Nobody answer my question about this issue of payment, finally was accepted. It was priced as 280 USD, but they billed me 209 GBP, with exchange on 13th of september 209 GBP = 332 USD so that is false advertising.
After delayed the mining until 30th then in october they delay again 2 weeks. So we got mining at 100% on 15th of september, but until yesterday we couldn't know what we had mined or the hashrate of the farm. They were coding pool and rewriting stramtum (as they said). I got answered by customer support but lots didn't got any answer.
So my september contract that started on october but october contracts are cheaper. They refuse to refund, well didn't refuse just don't answer. I asked about the difference on price and billed (they were using an exchange from july and i paid on september!!!) the answer I got is bitcoin is risky business.
Apart from that the price was high, they didn't deliver on time, they don't male responsible of their faulty service. Their compensation to all that problems is no charge that 10% of management before 23rd of october and an extra month of service. (they started one months later so that is respect to the contract.
we are trying to get together all unpleased customers to ask a refund, so if you want to join keep an eye to this thread and this one https://bitcointalk.org/index.php?topic=173316.1080
Now they made the pool and it works very bad, still no answers from customer service. I just want my 209 GBP back."
submitted by elmineroloco to Bitcoin [link] [comments]

Dr Jally or: How I learned to stop worrying and love the ASIC.

I was a late comer to the bitcoin love, I started mining last summer, nothing major, have never had more than 600Mh/s to my name really... but on a whim I ordered a Jalapeno in late august, and then I tried to put it out of my mind as everyone else fought over if BFL would ever ship or not, etc.... I just figured that worst case, the money was gone really... lo and behold, it arrived about 3 weeks ago, let me briefly share a few things, as some of my tinkering and experiments may benefit others:
This past weekend I opened the little black box of mystery and had some fun:
I plugged everything back in, powered up my host... and noticed my jally was just flashing like crazy and my host couldn't see it. uh-oh. I powered it off, back on, and it was fine. Since then I've powered it off about 10-20 times, and twice it would go into "super fast flash like crazy but not work" mode. Simply unplugging and replugging would solve it. I have not dug into this at all, but I think it's failing to init or pass the boot up tests. There's word around town that you can tweak the firmware to push speed further or reduce the strictness of the tests it does, but I'm happy with what I've got, so I'm leaving it:
Right now
Other than to change coins or work on my host system (now that it's a raspberry pi I don't think I'll be changing it much more), it's been running non-stop at around that rate/temp since the weekend.
Right now my little rPi host is bashing away, with the jally and three block erupters (I know they'll most likely never reach ROI for themselves by themselves, I just wanted to tinker, but still may add a couple more to break 10Gh total just for bonus points), the jally firmware "upgrade" everyone talks about is really designed for one of the other models (the bigger ones), and that's why I think it reports as "BFL 0h" or "BFL 0d" I assume "d" and "h" are the two ASIC spots on the jally board that actually have chips on them in the jally...
I figure all in I'm looking at around... lets say $650 and 90 watts (max) total for ~8.29Gh/s... The erupters really distort my numbers right now, (without them it'd be more like $350 and 80 watts (max) for ~7.3Gh/s)... but again, hashrate is addictive.
The jally power supply has always seemed to run hot to me, even before I pushed the update firmware, so I may try and find a biggebetter quality PS for it, and more erupters will sadly mean I need a new usb hub, as my current one is only rated for 5v 2A, and it has to be close to that with 3 erupters, the pi, and the usb fan. :/ So I guess I've still got more investment to go, but it's just a hobby, I can quit anytime, right?
right?
tl;dr edition (or what I learned, without the story):
submitted by alpha42 to BitcoinMining [link] [comments]

Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube What is Bitcoin Mining? (In Plain English) - YouTube Best Bitcoin Mining Site  Without Investment  Payment ... Bitcoin Mining Rig - 24 Machine Setup - 48Gh - YouTube

Just bought a couple of these USB erupter for a very small amount of money (check it on Amazon). The Antminer U2 are sold for a 2GH/s power mining but I just discovered that, with an adeguate extra cooling system, it’s very simple and efficient to overclock them to 2.4GH/s.. I’m using MinePeon to manage my miners and after overclocking them now I have a 20% more gigahash power without ... Congrats u just bought a piece of junk ! Default hashrate on ethereum is 31mh but the dual fan system is the real failure of this video card. The xfx 390x is poorly designed for heat disipation performance and the fact that is working betwen 70-90 celsius degrees makes it a nightmare for all the mines and for all the cooling systems. So if you make 0.000000485032112 bitcoin per minute, and let's say 1 bitcoin is $1000. So your making $0.000485032112 per min, or $0.02910192672 per hour or ~$0.69 per day, but the power costs of running the PC don't make it worthwhile. Best Bitcoin Mining Hardware. In our previous Bitcoin mining tutorial, we talked about how to setup a mining computer.Here we continue, giving you some advice on the best Bitcoin mining hardware that you can get for your mining PC. Mine Bitcoin? Absolutely not. At current difficulty you'd need almost 16 million years to mine a block. The only profitable mining operations are using what are called ASICs (Application Specific Integrated Circuits). These devices use the SHA256 hash algorithm starting at 1Ghash/sec (compared to maybe 50000-100000 hash/sec on a CPU.

[index] [2927] [1311] [5380] [2475] [5171] [2291] [1164] [1685] [1810] [1496]

Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube

I'm going to talking about top free best bitcoin mining website, and I'm gonna tell you every steps to get bitcoin mining! In this video I'm showing how to m... New ASIC being discussed from Canaan, owner and operator that creates Avalon based ASIC miners for Bitcoin. Basic information known on their presentaton Max Hashrate: 1400mh (1.4gh) Max Power ... The CoinCasso Trading platform is one of the fast growing exchanges Sign up today and get a $35 sign up bonus and no transaction fee when depositing https://... Newly Released Bitmain Antminer U1 USB Bitcoin Miner. This is rated at 1.6GH/S, however, under the normal use, the hashing speed seems to be a bit higher than 1.6GH. The video shows, it can go up ... The LittleFury is a the world's fastest USB powered Bitcoin miner from BitCentury that features 2 BitFury ASICs for an anticipated performance of up to 4GH/s when powered from a USB3 port.

#