3 Best Bitcoin Mining Hardware (2020 Updated) - How Much ...

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How to democratize mining

I'm sure if someone would sell home grade mining hardware, people would buy and run it, simply to help the network. I know I would. But what is a home grade "I wanna help the bitcoin network" miner? It should be small, silent and highly efficient. A loud and huge antminer S9 makes 13TH by consuming 1.3kW. Nobody want this at home sitting next to the router in the hall. But a small & silent box consuming 100W and making 1TH, why not? One million of this devices in the wild would make an exahash, roughly 5% of todays hashrate. Sure, so much distribution of relatively low hashrate, different network speeds and delays, would make the army of small home miners even less effective, but honestly: people wouldn't care. They are in to help the network. I can imagine many people would donate their earned btc fractions to a chairty of their choice, free software projects or BTC advocate groups or whatever.
TLDR: Hey you aspiring young BTC minig hardware producer, yes I am talking to you! offer me a highly effective small&silent miner and I'll buy & run it!
submitted by FieserKiller to Bitcoin [link] [comments]

The BitMain Monopoly

Have we not built up the bitmain monopoly buy supporting their hardware so heavily ? No one seems to use anything else and there are no other viable bitcoin miners on the market - in a market where its not that hard to design, print and produce mining chips ?
A next-gen USB chip that does 1TH would easily put the market back where it needs to be... and make a ton of cash as well. Where are BitFury and Spondoolies when you need them.
Even a simple USB miner based on the BitFury 16nm chip at 100GH/s would be awesome and the market would eat it up... and I am sure they have new hardware by now thats faster and better than this
http://bitfury.com/products#16nm-asic
submitted by jahshaka to Bitcoin [link] [comments]

genesis mining, can i return my money?

i know about genesis mining
honestly its interesting
buy Virtual hardware then i can get a bit coin
i think it not bad
if it not a scam
maybe this business is work
bitcoin worth is get higher time is going
but
can i get back my money to buy Virtual hardware?
1th/s = 3000 dollar, in genesis mining
if i buy 1th and use one year get a bitcoin
then if i want sell 1th, can i sell ?
if possible
this business not bad
At least can keep the principal.
so.. some one know about this?
submitted by 7cff07c602 to Bitcoin [link] [comments]

Trusted cloud mining services in overview

https://hashflare.io/3724EA75 (founded 2013): Contracts (One-year contracts): SHA-256: 1.5$ for 10 GH/s -> 150$ 1TH/s -> 1950$ 13TH/s (Yet 1950$ is only 1-year rental whereas your rig will stay yours forever) Fees: 0.0035 USD per every 10 GH/s (currently approx. 30% of daily earnings) ->Hashflare Profit: 3.79$-1.5$(Hardware)-1.2775$(Maintenance)=1.01$/year per 10 GH/s -> 1313$/year per 13 TH/s
SHA-256 (real S9 Miner): 2000$ 13TH/s (cf. Hashflare 1950$) Fees: 0.003$ USD per every 10 GH/s (currently approx. 25% of daily earnings) ->S9 mining rig(1400w with 0.1$ Cost pet KW/h) Profit: 3.79$-1.53$(Hardware)-1.095$(Maintenance)=1.16$/year per 10 GH/s -> 1508$/year per 13 TH/s (cf. Hashflare 1313$) But keep in mind that you can sell your hardware at any time as it stays yours forever (not 1-Year Contract) Profit w/o hardware: 3.79$-1.095$(Maintenance)=2.7$/year per 10 GH/s -> 3510$/year per 13 TH/s
*As you pay only for the hardware, you have to pay for the maintenance fees in both cases.
Conclusion: If you decide to buy your own hardware it will will stay yours forever. Nevertheless, keep in mind that you need a storage place for your mining rig and have to deal with the noise, so it should not be turned on 24/7 in your apartment.
Scrypt: 7.5$ for 1 MH/s -> 3750$ for 500 MH/s Fees: 0.01$ per every 1 MH/s (currently approx. 62% of daily earnings) ->(cf. real miner only 15%) Profit: 9.54$-7.5$(Hardware)-5$(Maintenance)=-2.96$/year per 1 MH/s -> -1480$/year per 500 MH/s)
Scrypt(real L3+ Miner): 5$ for 1 MH/s -> 2500$ for 500 MH/s Fees: 0.0038$ per every 1 MH/s (currently approx. 15% of daily earnings) ->L3+ mining rig (800w with 0.1$ Cost pet KW/h) Profit: 9.54$-5$(Hardware)-1.387$(Maintenance)=3.153$/year per 1 MH/s -> 1576$/year per 500 MH/s But keep in mind that you can sell your hardware at any time as it stays yours forever (not 1-Year Contract) Profit w/o hardware: 9.54$-1.387$(Maintenance)=8.153$/year per 1 MH/s -> 4076.5$/year per 500 MH/s
Conclusion: At this point I strongly advise not to buy any Scrypt contracts on Hashflare since you will end up losing money by doing so unless LTC suddenly skyrockets.
As other Hashflare contracts (Zero-fee contracts) are not profitable in my opinion, I will only briefly summarize the results: ETHASH: 2.2$ for 100 KH/s -> 220$ for 10 MH/s -> yields approx. 153$/year (0.51ETH), thus you will lose 67$ unless ETH goes magically up X11: 3.2$ for 1 MH/s -> 320$ for 100 MH/s -> yields approx. 60$/year (0.2 DASH), thus you will lose 260$ unless DASH goes magically up EQUIHASH: 2$ for 1 H/s -> 200$ for 100 H/s -> yields approx. 127$/year (0.54 ZEC), thus you will lose 73$ unless ZEC goes magically up
To sum it up, of course you can try your luck and hope that one of the altcoins will skyrocket to the moon and then you will make some money by joining these contracts. Nevertheless, you could also simply buy the following altcoin and make some money by simply holding the altcoin currency on an exchange. So as far as I am concerned, the only reasonable contract in Hashflare at the moment is the SHA-256 Contract.
https://www.eobot.com/new.aspx?referid=261758 (founded 2013): Eobot offers several contracts like Cloud Folding, SETI, Scrypt etc. Though they are not very profitable and thus I dont want to discuss them in detail. The only reasonable contract would be the SHA-256 5-Year Rental: 6.8$ for 10 GH/s (cf. Hashflare only 1.5$) but also keep in mind that it is a 5 Year Contract and not one year contract(cf. 1.5$*5=7.5$ for 5-Year Hashflare SHA-256).
SHA-256 5-Year Rental: 6.8$ for 10 GH/s Fees: 0.0021$ per every 10 GH/s (cf. Hashflare 0.0035$) Profit: 3.79$-(6.8$/5=1.36$)-0.77$(Maintenance)=1.66$/year per 10 GH/s -> 2158$/year per 13 TH/s (cf. Hashflare 1313$)
https://www.hashnest.com/(founded 2013): Hashnest belongs to BitMain(world's foremost producer of ASIC bitcoin mining hardware) and offers you different cloud mining possibilities. What is interesting about this site is the fact that you can buy other people´s cloud mining power vice versa (can sell it back at any time) on the Market. It is very beginner-friendly since they have the possibility to start with as little as 8000 Satoshi and buy 1 GH/s. Yet keep in mind that the withdrawal fee is 20.000 Satoshi, so you should invest at least 40.000 Satoshi in order to make some money after the withdrawal fees are deducted.
Contracts (lifetime): AntL3+: 7$ for 1 MH/s -> 3500$ for 500 MH/s (cf. L3+ mining rig discussed above) Fees: 0.0027$ USD per every 1 MH/s (currently approx. 10% of daily earnings) Profit: 9.57$-7$(Hardware)-0.98$(Maintenance)=1.59$/year per 1MH/s -> 795$/year per 500 MH/s (cf. Hashflare - 1480$) But keep in mind that you can sell your hardware at any time and it is a lifetime contract so it stays yours forever (no 1-Year Contract) Profit w/o hardware: 9.57$-0.98$(Maintenance)=8.59$/year per 1MH/s -> 4295$/year per 500 MH/s
AntS9: 3.51$ for 10 GH/s -> 351$ 1TH/s -> 4563$ 13TH/s (cf. Hashflare 1950$) Fees: 0.0019$ USD per every 10 GH/s (currently approx. 18.5% of daily earnings) Profit: 3.79$-3.51$(Hardware)-0.69$(Maintenance)=-0.4$/year per 10 GH/s -> -533$/year per 13 TH/s But keep in mind that you can sell your hardware at any time and it is a lifetime contract so it stays yours forever (no 1-Year Contract) Profit w/o hardware: 3.79$-0.69$(Maintenance)=3.1$/year per 10 GH/s -> 4300 $/year per 13 TH/s (cf. Hashflare 1313$)
AntS7: 2.45$ for 10 GH/s -> 245$ 1TH/s -> 3185$ 13TH/s (cf. Hashflare 1950$) Fees: 0.0041$ USD per every 10 GH/s (currently approx. 40% of daily earnings) Profit: 3.79$-2.45$(Hardware)-1.49$(Maintenance)=-0.15$/year per 10 GH/s -> -195$/year per 13 TH/s But keep in mind that you can sell your hardware at any time and it is a lifetime contract so it stays yours forever Profit w/o hardware: 3.79$-1.49$(Maintenance)=2.3$/year per 10 GH/s -> 2990$/year per 13 TH/s
https://www.genesis-mining.com/a/1671951: (founded 2014; discussing only small contracts, bigger contracts cheeper) BTC (Lifetime contract): 1.5$ for 10 GH/s -> 30$ for 200 GH/s -> 150$ for 1TH/s -> 1950$ for 13 TH/s Fees: 0.0028$ per every 10 GH/s (currently approx. 29% of daily earnings) Profit: 3.79$-1.5$(Hardware)-1.02$(Maintenance)=1.27$/year per 10 GH/s -> 1651$/year per 13 TH/s (cf. Hashflare 1313$) But keep in mind that it is a lifetime contract so the hardware stays yours as long as profitable Profit w/o hardware: 3.79$-1.02$(Maintenance)=2.77$/year per 10 GH/s -> 3601$/year per 13 TH/s
Contracts (2 years w/o fees) ETH: 30$ for 1 MH/s -> 300$ for 10 MH/s Profit: 15.31$*2-30$(Hardware)= 0.62$/2 years per 1 MH/s -> 6.2$/2 years per 10 MH/s
LTC: 14$ for 1 MH/s -> 28$ for 2 MH/s -> 140$ for 10 MH/s Profit: 9.57$*2-14$(Hardware)= 5.14$/2 years per 1 MH/s -> 51.4$/2 years per 10 MH/s
ZCASH: 48$ for 25H/s Profit: 31.78$*2-48$(Hardware)= 13.56$/2 years per 25H/s
MONERO: 50$ for 60H/s Profit: 32.58$*2-50$(Hardware)= 15.16$/2 years per 60H/s
DASH: 6$ for 1 MH/s -> 30$ for 5 MH/s -> 60$ for 10 MH/s Profit: 0.59$*2-6$(Hardware)= -4.82$/2 years per 1 MH/s -> -48.2$/2 years per 10 MH/s
Best contracts at the moment: Genesis Mining: SHA-256-> 1651$/year per 13 TH/s Hashflare: SHA-256 -> 1313$/year per 13 TH/s Eobot: SHA-256 -> 2158$/year per 13 TH/s (*buying a 5yr contract, thus the outcome may be quite unpredictable!) Hashnest: L3+ -> 795$/year per 500 MH/s
This review should not be taken as financial advice, merely an analysis of current options. Since cryptocurrencies are highly volatile, cloud mining as well as mining in general involve certain risks e.g. difficulty increase, price drops etc. If you have any additional information or questions feel free to comment and I will try to answer as soon as possible :)
submitted by adamec213 to Bitconnect [link] [comments]

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fee,.,0.15,.,bitcoins,.,0 25,.,bitcoins,.,0.05,.,bitcoin,.,in euro,.,bitcoin,.,2.0,.,0.1,.,bitcoins,.,0.21,.,bitcoins,.,bitcoin,.,1st august,.,bitcoin,.,1 million,.,bitcoin,.,101,.,bitcoin,.,10 year chart,.,bitcoin,.,10000,.,bitcoin,.,148,.,,.,bitcoin,.,10 year prediction,.,bitcoin,.,100k,.,bitcoin,.,100 dollars,.,bitcoin,.,10 years ago,.,1,.,bitcoin,.,in gbp,.,1,.,bitcoin,.,in pounds,.,1,.,bitcoin,.,in £,.,1,.,bitcoin,.,to dollar,.,1,.,bitcoin,.,in inr,.,1,.,bitcoin,.,to euro,.,1,.,bitcoin,.,in gdp,.,1,.,bitcoin,.,in eur,.,1,.,bitcoin,.,to myr,.,1,.,bitcoin,.,in sterling,.,bitcoin,.,2010,.,bitcoin,.,2017,.,bitcoin,.,2020,.,bitcoin,.,2018,.,bitcoin,.,2009,.,bitcoin,.,2013,.,bitcoin,.,21 million,.,bitcoin,.,2012,.,bitcoin,.,2014,.,2,.,bitcoin,.,to usd,.,2,.,bitcoin,.,price,.,2,.,bitcoin,.,to inr,.,2,.,bitcoin,.,wallets,.,2,.,bitcoins to dollars,.,2,.,bitcoins free,.,2,.,bitcoins a month,.,2,.,bitcoin,.,qt,.,bitcoin,.,2 year chart,.,bitcoin,.,2 paypal,.,bitcoin,.,3000,.,bitcoin,.,31st july,.,bitcoin,.,3 confirmations,.,bitcoin,.,3.0,.,bitcoin,.,3 year chart,.,bitcoin,.,3 month chart,.,bitcoin,.,300,.,bitcoin,.,365 club,.,bitcoin,.,3000 usd,.,bitcoin,.,30 confirmations,.,3,.,bitcoins in gbp,.,3,.,bitcoins,.,3,.,bitcoins to usd,.,3,.,bitcoin,.,in euro,.,3,.,bitcoin,.,to eur,.,bitcoin,.,3 unlimited,.,bitcoin,.,3 day chart,.,bitcoin,.,3 address,.,bitcoin,.,4000,.,bitcoin,.,4chan,.,bitcoin,.,4 billion,.,bitcoin,.,401k,.,bitcoin,.,4 backpage,.,bitcoin,.,43,.,bitcoin,.,40000,.,bitcoin,.,4k,.,bitcoin,.,4 year chart,.,bitcoin,.,48,.,4,.,bitcoins,.,4,.,bitcoins to usd,.,4,.,bitcoins in gbp,.,4,.,bitcoin,.,to eur,.,bitcoins 4 backpage,.,bitcoin,.,4 igaming,.,bitcoin,.,4 u,.,bitcoin,.,4 november,.,bitcoin,.,4 cash,.,bitcoin,.,5 year chart,.,bitcoin,.,51 attack,.,bitcoin,.,500,.,bitcoin,.,5 year,.,bitcoin,.,500 000,.,bitcoin,.,5000,.,bitcoin,.,50000,.,bitcoin,.,5 year price,.,bitcoin,.,5 years ago,.,bitcoin,.,5 year forecast,.,5,.,bitcoins in pounds,.,5,.,bitcoins,.,5,.,bitcoins to usd,.,5,.,bitcoin,.,free,.,5,.,bitcoin,.,in euro,.,bitcoin,.,5 years,.,bitcoin,.,5 minutes,.,bitcoin,.,5 min,.,bitcoin,.,5 unlimited generator,.,bitcoin,.,666,.,bitcoin,.,6 months,.,bitcoin,.,6 confirmations,.,bitcoin,.,6 month chart,.,bitcoin,.,6000,.,bitcoin,.,60 minutes,.,bitcoin,.,6 confirmations time,.,bitcoin,.,6 month price,.,bitcoin,.,6 years ago,.,bitcoin,.,60 day chart,.,6,.,bitcoin,.,network confirmations,.,,.,
submitted by besterse to BestCryptoPlatform [link] [comments]

bASIC-Mining hits 1 TH/s milestone!

From the latest bASIC update:
bASIC-Mining reaches 1Th/s milestone
Posted: 38 minutes ago
bASIC-Mining is pleased to announce the receipt of it's long awaited batch 3 Avalon. This is a four module unit capable of 85-100Gh/s. The company's newest hardware addition has been configured and is now mining.
With this addition the company's hashrate has grown to 1,025,000Mh/s. bASIC-Mining management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(1) Avalon 4 module rig
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
bASIC-Mining has a very strong balance sheet with zero debt, 1120BTCs in reserve, and daily growth fund contributions of 30% of mining revenue.
Cheers,
CreativeX
http://i.imgur.com/JHjn1Ju.jpg
http://i.imgur.com/oszCkOQ.png
http://i.imgur.com/sm65wWc.png
https://bitcointalk.org/index.php?topic=130982.0
https://docs.google.com/spreadsheet/ccc?key=0ArTS7AD--9SWdDNfb0lRNElqS1k1eGRoWEw2TGM4NlE#gid=0
submitted by GrassyGreenIntegra to BitcoinStocks [link] [comments]

Australian company launches sales of Bitcoin Mining Hardware

Payonix Technologies Pty Ltd is launching sales of the ASIC Mining units.
Payonix is now taking pre-orders for December 2013 delivery on its in-house designed ONIX Series ASIC mining rigs – representing the highest performance Bitcoin mining hardware that are currently announced.
The 28nm ONIX-LC ASIC is both incredibly powerful and energy efficient. The ONIX-LC is being offered by Payonix as a chip to directly power the ONIX Series rigs.
Pricing for units begins at $1,999 for the ONIX XS 250GH/s plug and play unit, the ONIX XR 500GH/s Plug and Play unit will sell for $3,799, and $7,499 for the 1TH/s ONIX XRS unit.
"We are pleased to announce we are accepting pre-orders for our Bitcoin hardware units. Many talented people have worked tirelessly to bring this technology direct to the Australian market. With only 250 units in total on offer and to be delivered by December 15, 2013, we expect them to sell quite quickly", said Andrew Thomas, Co-Founder of Payonix Technologies.
Payonix Technologies was founded by a team of experienced hardware developers, cryptographers, and Bitcoin community peers, and recently closed a $1M round of funding from a range of private Angel investors who recognised the potential of the company’s unique team and technology.
The company’s founding members include CEO Andrew Thomas, who was previously a Data System Manager and Lead Cryptographer for Datamonitor in the US.
submitted by Payonix to Bitcoin [link] [comments]

Cost of voting for XT by renting mining time

Building off of the good idea that willsteel had here about how we can vote for XT by renting time on miners, I gave some thought to the cost of supporting XT through this method. Obviously if you have your own mining hardware and support XT you can do it directly, but for the rest of us, an effective way to vote is to rent hashing power that signs with the BIP101 flag. I wanted to figure out what the actual cost of voting this way is in the current market conditions, here's what I got.
Based on mining calculators, the current mining revenue from 1TH/sec averages to 0.00927BTC/day. NiceHash charges a 3% fee, and assuming you're pointed towards the slush pool, they charge a 2% fee, so you're left with 0.0088BTC. The cost of (1TH/sec) * 1day on NiceHash is currently 0.0096BTC, so for 1TH/sec*day you're losing 0.0008BTC/day, or at the current price of $226/BTC, $0.18/day. Getting to a nice round number, for a loss of $1/day, you can purchase 1/.18 = 5.56 TH/s hash rate
The total hashing power of the network is currently about 400PH/sec. So, for $1/day, the fraction of that you can purchase is 5.56 /400000= .000014 of bitcoin's hashing power, or 0.0014%.
tl;dr: using NiceHash and slush pool, you can pay 1 US dollar / day to convert 0.0014% of bitcoin's hash power to XT
submitted by medley_of_minds to bitcoinxt [link] [comments]

Best Bitcoin Mining Rigs in 2020  New 110 TH/s Antminer ... Bitcoin Asic 1TH/s Review (1) DIY Bitcoin Mining: Hardware (part1) - YouTube BitCrane T-110 Review How-to stack - BitCoin Mining Hardware Gekkoscience NewPac - USB BTC Mining (100 GH/s + on ...

Bitcoin Mining Hardware Guide The best Bitcoin mining hardware has evolved dramatically since 2009. At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 ... Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware. Bitcoin mining is competitive. It’s not ideal for the average person to mine since China’s cheap electricity has allowed it to dominate the mining market . Mining hardware list. In this article you will find the list of hardware for mining including the best bitcoin miners and mining hardware, there are also mining farms characteristics. Take a look on the most popular hardware for mining. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news. Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware.

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Best Bitcoin Mining Rigs in 2020 New 110 TH/s Antminer ...

BitCrane T-110 Bitcoin Miner Description: ASIC mining system designed for high performance mining and optimal stability. With an optimal hashrate of 1.1TH/s and nominal power consumption of 1100W. 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... What are the BEST BITCOIN MINING RIGS in 2020?! Let's review the best Bitcoin miners and their profitability. Bitmain just released the Antminer S19 and S19 ... https://www.turkiyemining.com/?ref=667969 Here is a preview of 2 new 1TH Bitcoin miners we are currently testing which both use the 28nm CoinCraft A1 ASICs. We'll be importing bulk orders on the machine that proves to be most stable.

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