#Bitcoin Miners

[bitcoinversus]

Proof Of Work: Bitcoin Podcaster Builds Custom Dashboard for BitAxe Community

Bart Mol, a Bitcoin Podcaster and innovator, has introduced a custom-built “Home Assistant dashboard” designed to streamline the monitoring of BitAxe mining operations. Unveiled on X.com, Mol shared the development, stating that his motivation stemmed from the challenge of tracking multiple BitAxes efficiently. Key Features of the Dashboard The dashboard showcases advanced metrics, such as…

[sa7abnews]

Bitaxe And The Open-Source Bitcoin Mining Movement

New Post has been published on Sa7ab News

Bitaxe And The Open-Source Bitcoin Mining Movement

Bitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he’s inspired over 4,000 others to contribute to open-source Bitcoin mining projects.

... read more !

[douxlen]

Bitaxe And The Open-Source Bitcoin Mining Movement

New Post has been published on Douxle News

Bitaxe And The Open-Source Bitcoin Mining Movement

Bitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he’s inspired over 4,000 others to contribute to open-source Bitcoin mining projects.

... read more !

[gdsupplies]

6 Best Bitcoin Mining Software [Updated List]

It is important to select relevant Bitcoin mining software for your Bitcoin mining. This has a huge impact on your mining profitability and winning rewards. Let’s explore this updated list of the top 6 Bitcoin mining software:

CGMiner

CGMiner is a dedicated Bitcoin mining software for mining lovers. This software is an open-source platform for both novice and advanced miners. It also lets users mine other cryptocurrencies like Dogecoin, Ethereum, and Litecoin. CGMiner is compatible with Windows, Mac, or Linux.

Awesome Miner

Awesome Miner is cloud-based Bitcoin mining software. It helps miners to perform their mining activities remotely. You can control and manage your operations from multiple devices. Currently, the software is compatible with Windows and Linux.

EasyMiner

EasyMiner is a top-rated Bitcoin mining software for newbie users. Its graphical representation makes it easy for users to operate and adjust their mining settings seamlessly. The software provides a safe and secure place for mining.

Kyptex Miner

Kyptex Miner is the best Bitcoin mining software for Windows users. It helps users to access their hardware setting directly from their personal computers. Kyptex Miner is a cost-effective Bitcoin mining solution for those who want to start their mining journey with minimal investment.

Ecos

Echos is a well-known Bitcoin mining software.  It provides a robust platform for users to control their hardware settings. By gaining data-driven insights from this software, users can avoid mistakes and make better decisions for higher profitability.

Foreman Mining

Foreman Mining is a popular Bitcoin mining software. This software is suitable for miners who want to participate in heavy mining activities. You can adjust and customize your settings with it for a better mining experience.

[cryptosnewss]

Bitcoin Miner Revenue Falls Below Costs: A Bullish Signal?

On-chain Data Reveals a Critical Shift in Bitcoin Miner Economics Recent on-chain data indicates a pivotal shift in the Bitcoin mining landscape, with the “Miner Price” metric dipping below the BTC Electrical Cost for the fifth time in history. This development, highlighted by Charles Edwards of Capriole Investments, could signal significant upcoming movements in Bitcoin’s market…

[cryptotalemedia]

Solo Miner Defies Odds with 10 TH/s Rig, Successfully Adds Block 772,793 to Bitcoin Blockchain

Solo Miner Defies Odds with 10 TH/s Rig, Successfully Adds Block 772,793 to Bitcoin Blockchain #CryptoTale #CryptoNews #Crypto #Blockchain

On Friday, a single Bitcoin miner, who had a relatively low hashing power of 10 TH/s (terahashes per second), was able to successfully add a new block, number 772,793, to the Bitcoin blockchain. This is a significant achievement, as the process of adding new blocks to the blockchain, known as mining, is a highly competitive process. User Willi9974 wrote on BitcoinTalk shortly after the block was…

[borgspareparts]

(via "Mineral Sandy Waves retro vintage seamless pattern design" Chiffon Top for Sale by BorgSpareParts)

[phneep]

[asicminershub]

Market Impact of Innosilicon's ASIC Miners

Innosilicon

Innosilicon is a well-known company in the cryptocurrency mining industry that specializes in the design and production of high-performance ASIC miners. Founded in 2006, Innosilicon has established itself as a leading player in the market, delivering innovative and efficient mining hardware solutions to miners worldwide.

The company prides itself on its commitment to research and development, continuously striving to improve upon its previous designs and deliver cutting-edge technology to its customers. By leveraging its expertise in semiconductor design and fabrication, Innosilicon has managed to stay ahead of the competition and earn a solid reputation for its products.

Here is the list of the best innosilicon miners as of 2023 ranked according to profitability, price and durability.

1.Innosilicon KAS Master Pro

2.Innosilicon Kas master 2 THS

3.Innosilicon Kas master 1 THS

4.Innosilicon T4 BTC Miner

5.Innosilicon a11 Pro 8gb

6.Innosilicon a10 pro 6 GB

Mining Hardware

Mining hardware is an essential component of the cryptocurrency mining process. It refers to the physical equipment utilized to validate and record transactions on a blockchain network. As the complexity of mining cryptocurrencies increases, miners require powerful and specialized hardware to compete and generate profits.

In the early days of cryptocurrency mining, miners utilized general-purpose CPUs and GPUs to mine cryptocurrencies like Bitcoin. However, as the industry evolved, ASIC miners emerged as the most efficient and cost-effective solution for mining popular cryptocurrencies. Companies like Innosilicon have played a crucial role in designing and manufacturing ASIC miners that offer superior performance and energy efficiency.

ASIC Miner

An ASIC (Application-Specific Integrated Circuit) miner is a mining device specifically designed to mine cryptocurrencies. Unlike general-purpose CPUs or GPUs, ASIC miners are optimized to perform a single task - the computation required for mining. This specialization allows ASIC miners to perform mining operations significantly faster and more efficiently than other hardware alternatives.

Innosilicon has been at the forefront of ASIC miner development and has released several generations of mining hardware over the years. Its ASIC miners are known for their high hash rates, low power consumption, and durability. The company's dedication to innovation has enabled them to continuously push the boundaries of mining technology.

Their ASIC miners are designed to mine various cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and more. Innosilicon's product lineup includes a range of models catering to different levels of mining operations, from individual miners to large-scale mining farms.

One notable aspect of Innosilicon's ASIC miners is their focus on energy efficiency. The company understands the ecological impact of cryptocurrency mining and aims to minimize energy consumption while maximizing mining performance. This approach not only benefits the environment but also leads to reduced operational costs for miners.

Innosilicon's ASIC miners are designed to be user-friendly and accessible to miners of all skill levels. The setup process is straightforward, and the company provides comprehensive support and documentation to assist miners in getting started quickly. Additionally, their mining hardware is known for its reliability and durability, ensuring that miners can operate their machines without any major interruptions.

The constant evolution of Innosilicon's ASIC miners showcases their commitment to staying ahead in the competitive mining industry. By incorporating the latest advancements in semiconductor technology and constantly refining their designs, they continue to deliver top-of-the-line mining hardware to miners worldwide.

In conclusion, the rise of ASIC miners in the cryptocurrency mining industry has revolutionized the way miners operate. Innosilicon, as a prominent player in this space, has played a vital role in driving this evolution. Their dedication to innovation, energy efficiency, and user-friendly designs has contributed significantly to the progression of the mining hardware market. As the industry continues to evolve, it will be interesting to see what new advancements Innosilicon brings forth to further enhance the mining experience.

[otesunki]

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how having a computer virus actually is like: "why is my gpu being used slightly more than average"

[wanxsb]

How to Buy Mining Machines for Bitcoin Miners?

China is the world's largest producer of mining machines, designing, manufacturing, and supplying over 95% of the global mining machine market. Looking for and purchasing mining machines from the country of origin, China, has significant advantages in various aspects.

Generally, when deciding to purchase mining machines, factors to consider include coin price, machine price, payback period, the development prospects of the coin, current mining difficulty, spot or futures, and machine condition.

Before purchasing mining machines, you need to select the coins you believe have potential. Although most people invest in Bitcoin, every bull market brings forth a multitude of coins that can increase in value by hundreds of times. Therefore, when choosing which coin to invest in, factors such as risk coefficient, application scenarios, and future prospects should be considered.

Once you have identified the coin you want to invest in, you can proceed to choose the machine. Generally, machines with higher unit computing power prices have higher energy efficiency. This factor is not particularly important when the market is in a bull phase because high coin prices make almost all machines profitable. However, during a bear market, this factor becomes crucial. Many machines generate daily earnings that are insufficient to cover electricity costs, resulting in the need to shut down or idle the machines. In some cases, machines may even become damaged due to prolonged inactivity. For example, for machines mining Bitcoin, according to the price index on AsicFinder.com, the Whatsminer M53 248Th/s has a current unit computing power price as high as 19.40$ per TH/s

In addition to computing power prices, coin prices are another significant factor affecting mining return periods. Although the payback period may seem very short during a bull market, the fluctuation in coin prices often makes it difficult to achieve the ideal expected return period, resulting in holding positions at high prices.

Be cautious when it comes to new, small, and lesser-known coins. Newcomers to the market often fall into the trap of being blinded by current earnings, leading to massive investments and subsequent huge losses. Due to their small market capitalization and limited attention from mining machine manufacturers, newly emerging coins often have machines with relatively low computing power. Once a large number of machines with higher computing power enter the market, the entire market will be reshuffled, and the previously purchased low computing power machines will be completely eliminated by more advanced high computing power machines, resulting in significant losses for buyers.

The type of inventory, whether the mining machines are in stock or futures, is also a crucial factor. Purchasing futures, especially long-term futures, may appear cheaper. However, there is a possibility of a decrease in machine profitability before the machines are delivered. Additionally, for a mining machine with disruptive high computing power in the market, many manufacturers intentionally sell futures to collect down payments. When the machines are finally shipped, the sudden influx of high computing power machines in the market will render your seemingly considerable computing power earnings insignificant, resulting in significant losses.

Machine condition, although not a factor affecting the return period, is undoubtedly important. Machines with newer conditions and warranties can prevent you from spending a significant amount of time sending them back for repairs, which can affect mining earnings. This is especially true during a bull market, where the loss of one week of mining due to machine downtime can be staggering.

Machine price: For some experienced buyers or participants in the mining community, purchasing mining machines is not a difficult task. However, due to the relatively closed nature of the mining community and the lack of price transparency, if you do not conduct in-depth research on prices when purchasing mining machines, you may fall victim to scams. It is highly recommended to compare prices from multiple sources, even up to ten, to avoid falling into traps. You can also refer to the price index on AsicFinder.com, which is based on big data analysis of quotes from numerous mining machine suppliers in China. It provides a relatively accurate reference for prices.

Conclusion: When purchasing mining machines, it is essential to conduct thorough research and due diligence to ensure a successful mining investment. Factors such as selecting promising coins, considering machine efficiency and coin price fluctuations, being cautious with new coins, evaluating inventory types, machine condition, and comparing prices are crucial for making informed decisions. By following these guidelines, Bitcoin miners can increase their chances of success in the mining industry.

[gdsupplies]

Difference between Ethereum and Bitcoin

Ether or ETH works on the Ethereum network, and it is the second most popular cryptocurrency after bitcoin or BTC. Bitcoin is a kind of digital currency that works on a peer-to-peer system without any central authority. It was discovered by a person or group of persons namely Satoshi Nakamoto in the year 2008. Every transaction is stored in an immutable distributed ledger.

Ether and Bitcoin have many similarities between them. Both of them are digital currencies traded on the online exchanges. They are stored in various cryptocurrency wallets.

This blog describes Ethereum and Bitcoin and highlights the major differences between both currencies. We will also discuss various other things related to these cryptocurrencies in detail in this blog.

 What is Ethereum?

Ethereum is a kind of blockchain-distributed platform. The network currency of this platform is Ether or ETH. The transactions are stored in an immutable distributed ledger. The features of the Ethereum platform are:

Ethereum is an open-ended decentralized platform with huge popularity around the globe.

It helps to build and deploy decentralized apps and smart contracts without fraud or interference or control of a third party.

Ethereum has its own programming language that works on a blockchain.

The native cryptographic token on the Ethereum platform is Ether or ETH. In the year 2014, Ethereum launched a presale that got a huge response.

Users have to create Ethereum accounts to send and receive transactions.

Ethereum is a flexible platform to build apps with the help of solidity scripting language.

This platform is highly scalable and can be used by different users according to their needs and budget.

Ethereum network was started in the year 2015 and soon became the most ambitious project in the crypto space to decentralize everything on the internet. There is no central authority that uses Paw to reduce fraudulent activities in the blockchain.

Decentralized apps developed on Ethereum allow Ether and other crypto assets in performing various tasks such as keeping collateral for loans or providing a loan to the borrowers to earn interest.

Also Read: How To Mine Ethereum

What is Bitcoin?

Bitcoin was invented in the year 2009 by Satoshi Nakamoto. It is a kind of cryptocurrency without any central authority. Bitcoins are not physical assets. Only a public ledger is maintained to record all the transactions. The special features of Bitcoin are:

Bitcoin is shown as BTC in the cryptocurrency language

Bitcoin is stored, created, and distributed using a decentralized system called Blockchain

You can either buy a whole of Bitcoin or a small fraction of it as per the budget.

The public ledger will record all the transactions of the Bitcoin and their copies are stored on servers around the globe.

Bitcoin allows you to manage currency without a bank, government, or financial institution.

Bitcoin blockchain is available to the public. It contains the history of every transaction conducted in the distribution of several nodes.

Also Read: What is Bitcoin? Everything You Need to Know

Key Difference between Ethereum and Bitcoin

Both Ethereum and Bitcoin might have some similarities but they are different from one another. Bitcoin is used as a digital asset like gold whereas Ether is used to power the Ethereum platform and its apps. Now, let us have a look at the major differences between the cryptocurrencies in detail:

1. Types of tokens issued

One can issue tokens on both platforms. In the case of the Bitcoin blockchain, the Omni layer platform is used for creating and trading currencies. Omni’s layer adoption works around stablecoins.

On the other hand, Ethereum tokens are issued with different standards. The most popular standard is ERC-20. This standard includes the list of rules for the tokens on the Ethereum network. It also mentions the different functions that developers must implement before launching the tokens. These functions contain details such as account balances and toke’s total supply.

2. Mechanism

Both Bitcoin and Ethereum platforms have different mechanisms. While Bitcoin works on Nakamoto consensus to confirm transactions and add new blocks to the blockchain. It works on a proof-of-work system.

Ethereum works on a proof-of-stake system to confirm transactions and add new blocks. The proof-of-stake system is better than the proof-of-work system and saves energy.

3. Time to add a new block

Bitcoin works on a proof-of-work system to add new blocks to the blockchain. Bitcoin Miners are required to find an SHA-256 hash that is equal to the target hash. Similarly, Ethereum miners must also find a hash that is equal to the target hash. The average time taken to search a block on Bitcoin is 10 minutes while it takes around 12 seconds in Ethereum to find a block.

4. Public wallet addresses

Bitcoin and Ethereum have different public wallet addresses. This wallet address acts as a unique identifier for receiving funds. It is similar to International Bank Account Number in certain financial institutions. This number helps to identify the bank and country from the account a client belongs. In the case of Bitcoin, public wallet addresses begin with a 1, bc 1, or a 3. On the other hand, the addresses start from “0x”.

5. Algorithms

Both these platforms include different algorithms and their hash rates cannot be compared. Generally, the hash rate of Ethereum is higher than Bitcoin. It means that Ethereum is safer than Bitcoin for investment option.

6. Market capitalization

Bitcoin was invented in the year 2009 whereas Ethereum came into existence in the year 2015. The market capitalization of Bitcoin is $100 billion currently whereas the market capitalization of Ethereum is more than $25 billion.

Final words

These are the major differences between Bitcoin and Ethereum platforms. Today, Bitcoin is more popular than Ethereum because of various benefits. It has more market capitalization than Ethereum and it is a reliable option for investment.

You can buy the best cryptocurrency mining hardware to start mining Bitcoin and earn huge profits.

Both these options are safe today to invest your money. You can ask an expert about both these options and how to invest safely to earn good profits every year.

[cryptosnewss]

Bitcoin Miners Brave the Storm: Navigating Market Volatility and Operational Challenges in 2023

The year 2023 has been a challenging one for Bitcoin miners as the cryptocurrency market experiences volatility and uncertainty. While BTC’s price rebounded and the excitement around BRC-20 tokens grew, miners faced operational hurdles. This article delves into the struggles miners have encountered and the measures they took to cope with the market’s fluctuations. Miners’ Dilemma: Selling BTC to…

[cryptotalemedia]

Bitcoin Miner Core Scientific To File For Chapter 11 Bankruptcy

Bitcoin Miner Core Scientific To File For Chapter 11 Bankruptcy #CryptoTale #CryptoNews #Crypto #Blockchain

Bitcoin miner Core Scientific plans to file for Chapter 11 bankruptcy protection in Texas in the early hours of Wednesday morning, according to a CNBC report. Core Scientific is one of the largest publicly traded cryptocurrency mining companies in the United States. It has decided to declare bankruptcy as a result of falling crypto prices and rising energy prices, which have harmed its…

[hkcxsimon]

⛏Daily ASIC Price：

———— —— USDT —— U/T

🇭🇰HongKong NEW Bitmain🇭🇰

S19 82T 💰 927 - 11.3

S19 86T 💰 1015 - 11.8

S19 jpro 96T 💰 1296 - 13.5

S19 jpro 100T 💰 1400 - 14.0

S19 jpro 104T 💰 1487 - 14.3

S19 pro 96T 💰 1248 - 13.0

S19 pro 100T 💰 1350 - 13.5

S19 pro 104T 💰 1400 - 14.0

S19 JPRO+ 118T 💰 1652 - 14.0

S19 JPRO+ 122T 💰 1708 - 14.0

S19 Hyd 145T 💰 3625 - 25.0

S19 Hyd 151T 💰 3775 - 25.0

S19 Hyd 158T 💰 3950 - 25.0

S19 Pro+ Hyd 177T 💰 3292 - 18.6

S19 Pro+ Hyd 184T 💰 3478 - 18.9

S19 Pro+ Hyd 191T 💰 3667 - 19.2

S19 Pro+ Hyd 198T 💰 3821 - 19.3

S19 XP 134T 💰 3819 - 28.5

S19 XP 141T 💰 4230 - 30

T19 145T 💰 3190 - 22.0

L1 4900M 💰 2900

L7 8550M 💰 6500

L7 8800M 💰 6600

L7 9050M 💰 7550

L7 9050M 💰 6800 mix hashrate

KA3 166T 💰 7950

D9 1770G 💰 7200

K7 63.5T 💰 6400

K7 58T 💰 5500

Z15 420K 💰 2300

E9 Pro 3680M 💰 2950

🇭🇰HongKong NEW Whatsminer🇭🇰

M30S+ 104t 💰 1414 - 13.6

M30S+ 106t 💰 1442 - 13.6

M30S++ 100t 💰 1280 - 12.8

M30S++ 102t 💰 1275 - 12.5

M30S++ 106t 💰 1410 - 13.3

M30S++ 108t 💰 1469 - 13.6

M30S++ 110t 💰 1595 - 14.5

M50 110t 💰 1738 - 15.8

M50 112t 💰 1770 - 15.8

M50 114t 💰 1824 - 16

M50 118t 💰 1888 - 16

M50 120t 💰 1920 - 16

🇷🇺Moscow🇷🇺

Z15 420K 💰 2864

Z15 320K 💰 2064

Z15 200K 💰 1364

M30s+ 94T 💰 1316

M50 114T 💰 2210

M50 112T 💰 2175

🇨🇳ShenZhen NEW Whatsminer🇨🇳

M30S++ 98/100/102t 💰 / - 12.8

M30S++ 104/106t 💰 / - 13.2

M50 110t 💰 1650 - 15

M50 112t 💰 1680 - 15

M50 114t 💰 1710 - 15

M50 118t 💰 1888 - 16

M50 120t 💰 1920 - 16

M50S 128t 💰 2790 - 21.8

M50S 130t 💰 2834 - 21.8

M30S 96T 💰 - 13.4

M30S 84/86T 💰 - 12.8

🇨🇳ShenZhen NEW Avalon🇨🇳

A1166pro 78t 💰 780 - 10

A1246 90t 💰 900 - 10

A1246 87t 💰 1044 - 12

A1346 104t 💰 1456 - 14

A1346 107t 💰 1498 - 14

🇨🇳ShenZhen🇨🇳

V1mini 130M 💰 270

V1mini 300m 💰 620

V1mini 330M 💰 660

V1mini se 400M 💰 960

K1 MAX 💰 1300

BM-K3 70T 💰 3300

L1 4900M 💰 3300

D10+ 5000M 💰 3200

N3 25T 💰 2200

📍Used Miners: We mainly sell used miners such as S19 series, M30 series, Т17+, Т3+, S17 etc.

📍GPUs: We mainly sell high-end GPUs of well-known brands, such as hot-selling models of 2060-2080, 3080-3090, etc.

📍Accessories: We sell power supply,control board,hashboard and other accessories for mainstream miner models.

@HKCX_Simon

WhatsApp：+86 13652396240

[phneep]