#Bitcoin Mining Hardware

[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.

[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.

[crypto28ro]

Jihan Wu: Co-Fondatorul Bitmain și Actorul Major din Industria de Mining a Bitcoin

Jihan Wu: Co-Fondatorul Bitmain și Actorul Major din Industria de Mining a Bitcoin Jihan Wu este o personalitate esențială în universul criptomonedelor, recunoscut ca unul dintre co-fondatorii Bitmain, compania care a revoluționat industria de mining a Bitcoin. Prin inovațiile și strategiile sale, Wu a jucat un rol decisiv în dezvoltarea tehnologiei de mining, contribuind la creșterea eficienței…

[dahabminers]

dahabminers.com

[fhjkl56789]

Is Bitcoin a safe investment in a recession?

Introduction: In the tumultuous seas of economic uncertainty, investors often seek refuge in assets that promise stability and resilience. Bitcoin, the pioneering cryptocurrency, has garnered significant attention as a potential hedge against traditional market volatility. But does its allure endure during recessions? In this exploration, we delve into the question: Is Bitcoin a safe investment in a recession?

Understanding Bitcoin: Before we weigh its recession-proof credentials, let's grasp the essence of Bitcoin. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin operates on a decentralized network called blockchain. Unlike traditional currencies, Bitcoin isn't governed by a central authority like a government or financial institution. Instead, it relies on cryptographic principles to secure transactions and control the creation of new units.

Bitcoin's Appeal: The allure of Bitcoin lies in its unique attributes:

Decentralization: As a decentralized currency, Bitcoin isn't subject to the whims of central banks or governments. This feature appeals to individuals wary of traditional financial systems.

Finite Supply: Unlike fiat currencies that can be endlessly printed, Bitcoin has a capped supply of 21 million coins, making it inherently resistant to inflationary pressures.

Borderless Nature: Bitcoin transcends geographical boundaries, enabling seamless transactions across the globe. This characteristic is particularly advantageous in times of economic turmoil when traditional banking systems may falter.

Is Bitcoin a Safe Haven in a Recession? While Bitcoin possesses notable strengths, its status as a safe investment during recessions is subject to debate. Let's examine both sides of the argument:

Arguments for Bitcoin as a Safe Haven:

Store of Value: Proponents argue that Bitcoin serves as a digital store of value akin to gold, offering a hedge against fiat currency devaluation.

Limited Correlation: Some studies suggest that Bitcoin exhibits low correlation with traditional asset classes like stocks and bonds, potentially diversifying investment portfolios and mitigating risk during economic downturns.

Adoption Growth: Despite initial skepticism, Bitcoin's adoption has steadily increased over the years, with institutional investors and corporations allocating portions of their portfolios to digital assets, signaling growing confidence in its long-term viability.

Arguments against Bitcoin as a Safe Haven:

Volatility: Bitcoin's price volatility is well-documented, with significant fluctuations occurring over short timeframes. This volatility may deter risk-averse investors seeking stability during recessions.

Regulatory Uncertainty: The regulatory landscape surrounding Bitcoin remains murky in many jurisdictions, posing legal and compliance risks that could impact its value during periods of regulatory crackdowns.

Market Sentiment: Bitcoin's price dynamics are influenced by market sentiment and speculative activity, which can exacerbate price swings during periods of market uncertainty.

Conclusion: In conclusion, the question of whether Bitcoin is a safe investment in a recession lacks a definitive answer. While Bitcoin offers unique properties that may appeal to certain investors seeking diversification and hedging opportunities, its inherent volatility and regulatory uncertainties warrant caution. Ultimately, investors should conduct thorough research, assess their risk tolerance, and consult with financial advisors before allocating capital to Bitcoin or any other asset class. As with any investment, prudence and informed decision-making are paramount in navigating the complex terrain of financial markets.

[jcmarchi]

Because of Bitcoin ‘Halving’, Outdated Mining PCs from US Migrate Abroad - Technology Org

New Post has been published on https://thedigitalinsider.com/because-of-bitcoin-halving-outdated-mining-pcs-from-us-migrate-abroad-technology-org/

Because of Bitcoin ‘Halving’, Outdated Mining PCs from US Migrate Abroad - Technology Org

The Bitcoin “halving” event is driving the relocation of outdated US mining computers overseas.

The process of ‘mining’ new bitcoins requires a lot of computational power and needs energy. Image credit: BenjaminNelan via Pixabay, free license

In Bitcoin mining, specialized machines are utilized to validate transactions on the blockchain and earn operators fixed token rewards. Approximately 6,000 older Bitcoin mining machines in the US are slated to be decommissioned and transported to a warehouse in Colorado Springs. There, they will undergo refurbishment and be sold to buyers abroad seeking to capitalize on mining opportunities in more cost-effective environments.

These machines, among several hundred thousand expected, are being refurbished in anticipation of a significant quadrennial update in the Bitcoin blockchain, known as the halving event. Scheduled for late April, this event will reduce the reward that serves as the primary revenue source for miners. To mitigate the impact, miners are upgrading to the latest and most efficient technology.

Given that electricity constitutes the largest expense in mining operations, companies are compelled to seek lower-cost alternatives to maintain profitability. While older computers may still yield profits, they are unlikely to do so within the US market. Experts note that this trend represents a natural migration, with buyers of older machines situated in regions where power costs are minimal.

The concept of halving, integrated by the anonymous Bitcoin creator Satoshi Nakamoto, occurs once every four years to uphold the hard cap of 21 million tokens. The upcoming halving event, the fourth since 2012, will reduce the reward from 6.25 Bitcoin to 3.125 Bitcoin. Despite Bitcoin’s remarkable 50% surge this year to approximately $63,500, the impending halving has heightened the urgency to bring more efficient machines online.

As the halving approaches, the continued use of older equipment poses a risk of electricity costs surpassing mining revenue. While models like the S19 series may no longer be profitable to operate in the US post-halving, they can still yield substantial profits and enjoy an extended operational lifespan when hosted in regions such as Africa.

Some buyers are delaying their purchase of older computers until after the halving event, anticipating further price drops. For example, the cost of used S19 models was approximately $7,030 in March 2022. However, a year later, amidst declining Bitcoin prices, the price plummeted to about $900, further decreasing to approximately $427 this month. The price is projected to drop to around $356 in May, following the halving event.

In response to these price fluctuations, some miners in the US have opted not to sell their hardware but instead, plan to relocate the equipment to regions with lower electricity costs and third-party data centers.

However, not all mining equipment from the US is relocated abroad. Publicly traded companies face challenges in this regard due to the need to consider risk-averse shareholders and concerns regarding transportation costs, equipment breakage, and security.

These machines remain inactive for extended periods, collecting dust, yet companies retain them because they can still yield profits when Bitcoin prices surge, underscoring the cyclical nature of profitability in the mining industry.

Written by Alius Noreika

[political-us]

The U.S. energy consumption is expected to rise with the increasing adoption of AI, electric vehicles (EVs), and cryptocurrency mining, but the exact amount depends on multiple factors like efficiency improvements, grid expansion, and renewable energy adoption. Here’s a breakdown of how these technologies could impact energy demand:

1. Artificial Intelligence (AI) & Data Centers

• AI requires massive computing power, increasing electricity demand from data centers.

• In 2022, U.S. data centers consumed about 2.5% of total electricity (~200 terawatt-hours, TWh).

• AI workloads could double or triple data center energy use by 2030, potentially increasing U.S. electricity demand by 5%–10%.

• Efficiency Gains: AI hardware and software improvements may offset some of this demand.

2. Electric Vehicles (EVs)

• The transition to EVs will increase electricity demand but reduce oil consumption.

• If EV adoption reaches 50% of new car sales by 2030, transportation electricity demand could rise by 10%–15%.

• Smart Charging & Grid Management: If managed well, EVs could charge during off-peak hours to reduce strain on the grid.

3. Cryptocurrency Mining

• Crypto mining is highly energy-intensive. In 2023, Bitcoin mining alone consumed about 120 TWh globally, with the U.S. accounting for ~40% of that (~48 TWh).

• If crypto adoption and mining expand further, electricity demand could rise by 2%–5%.

• Renewables & Efficiency: Some mining operations are integrating solar/wind energy to reduce grid impact.

Overall Impact on U.S. Energy Use

• The U.S. currently consumes about 100 quadrillion BTUs (~4,000 TWh) annually.

• By 2035, AI, EVs, and crypto could increase electricity demand by 15%–25%, depending on adoption rates and efficiency improvements.

• The shift to renewables and nuclear will be critical in meeting this demand without increasing carbon emissions.

[bodhrancomedy]

If you have issue with "the energy spent" to generate AI, you should be advocating for the death of video games.

AI arent bitcoin. The processing power used for AI generation is on equal grounds with film rendering, and playing a high graphic video game at home on your computer, or maintaining a large website. Bitcoin processing is a problem due to the massive size of server farms who are overclocked until they break, generating heat, destroying hardware built with hard mined materials, and spending energy to make a digital number counter go up by 1. AI is not even mildly, not even remotely akin to that problem.

It is very very very very very difficult to take you seriously about a topic you dont understand the problems of. It is hard to trust you at your word when one of your major talking points has literally nothing to do with the problem you are speaking on. If this is your issue with AI use in video game making, you should be railing against the games themselves.

It was one throwaway sentence actually and it would be less processing power to hire an actor than to use AI.

My main issue is that it is fucking over voice actors and is fucking with art. There is no reason to replace voice actors with honestly really shitty AI. There is no reason to replace writers with AI. No reason to use AI art.

I like that you ignored all of those points in favour of the one-line “oh by the way” one.

I think as a performer I understand the issues affecting me.

[house-of-mirrors]

I suppose this is the perfect time to introduce one of my favorite OCs: the IT guy that works for the Bazaar in modern era

The Dauntless Technician

Explains to Wines that even if you delete a drunk post, everyone still saw it and it exists forever. Pretends not to see the hundreds of files of porn when they tune up its PC (it is still in charge of the sex trade after all)

Explains to Spices that you can't delete other people's (Wines') posts but you can block them (Spices doesn't). Goes in and clandestinely blocks access to Wines' pages from Spices' browser to get 20 minutes of peace

Removes viruses from Pages' computer because it keeps clicking suspicious "love story" links. There's an infamous incident where Pages clicked an attachment and introduced ILOVEYOU to the Neath. Explains to Pages that you can't make people unblock you

Pages would probably have some claim over the social media trade. The Technician moonlights as a white hat hacker undermining Pages' censorship attempts

Works closely with Fires, considering Fires probably jumps on owning technology as it advances (electricity, invention are under its domain). Fires thinks the Technician is its best ally because the Technician stands there listening to it rant (as an IT person, they are blessed with godlike patience). The Technician couldn't care less.

Replaces Fires' hardware because it melted it for the third time this week after seeing ragebait posts or reading emails from Iron. Also has to deal with Fires demanding the Technician help it install the latest tech updates the moment they drop, even if the Technician can see they won't be good.

Stones is really into mining bitcoin. Our technician doesn't even try touching that

Helps Happles set up a huge PC setup so it has two separate devices/cameras to stream cooking videos as Mr Apples and more scandalous material as Mr Hearts

The technician's favorite master is Iron. It's never demanding, it quickly adjusts to learning how to use technology, and it never gets into trouble with its devices because it's too paranoid to open spam. Iron is happily rolling in a fortune on the metals used in producing computer chips (and intermittently biting Fires over negotiations)

Embattled in a personal, passionate rivalry with the ruthless and skilled "hacker" who tries attacking the Bazaar every seven weeks, DDOS attacks are themed around water imagery, ransomware demands flesh and reckoning (the Technician doesn't have patience for any of this melodrama). The hacker's screen name is allshallbewell.

The Technician sends out PSAs begging people to recognize this and other parabolan hackers' signatures in spam links, which due to the entwining of computing and parabola, can not only brick your device but have dangerous mental consequences

The Bazaar is a messenger so really would be like the source of wifi/central communications network of the Neath, wouldn't she? The Technician gains an intimate knowledge of her from working so closely into her systems. The Penstock of the seventh city.

If our Technician is revolutionary inclined: can they pull off the job of a lifetime? Push a software update through the Bazaar's network that makes her realize she doesn't have to do all this to impress someone who will never love her? Save the Seventh by writing a program that makes the Bazaar love herself?

[dragon-hoard]

"youre against ai using water in their processors for cooling yet you say nothing about golf courses" sorry golf was not the topic of interest but I also think golf courses should be abolished and changed into community gardens

other media hardware warehouses should also stop leeching water and electricity from their local communities. remember that article about bitcoin mining warehouses that were using 2/3 or more of a cities electric supply?

also personal opinion but ai as it is being commercially used has no lasting value right now. none of it is polished enough to actually be put to use besides generating fake art or bland papers

[blessphemy]

doing 2 hours of tech support for grandma on her 2017 computer, which she uses purely to write emails and occasional open a Photograph to look at, and it’s huffing and puffing at even that. I’m like girl someone is mining bitcoin on your computer or something a young buck of hardware should not be suffering this badly

[sensoryloss]

imagine an endless feedback loop of funding created in attempt to push tech development as fast as possible to make new hardware that mines bitcoin more efficiently as it gets more difficult over time, on top of an effort by the same group to purposefully make it more difficult to mine in general which necessitates further development of better hardware, and the revenue through sales and the speculation on the product goes into bitcoin which makes the rest of the crypto market (the computing infrastructure developing the tech to mine the bitcoin) with the end goal being something powerful enough to crack the SHA256 encryption that makes up the private keys needed to access a bitcoin wallet in order to take everything when it’s worth the most after the population is onboarded by force through globalized banking after turning your money worthless through hyperinflation and reworking the world’s economy into a standardized UBI CBDC while *you* eat the bugs, live in the pod, and “be happy” while they induce + declare a climate crisis, lock everyone inside, shut off the power, set the planet on fire, and leave the rest of humanity to burn alive while they carry on to other worlds or die during their exit attempt, assuming *you* live to see it because *you* will likely be starved out or LOIC’d early on because *you* didn’t make enough money in time to get out before they started stripmining your neighborhood without warning, effectively ending your bloodline, all because *you* decided not to buy dogecoin.

[gdsupplies]

How To Mine Bitcoin at Home?

Bitcoin is the most profitable cryptocurrency in the world and can be mined at home. You need a mining tool to start mining Bitcoin at home. The process of Bitcoin mining adds new transactions to the blockchain. It involves solving complex mathematical problems to mine new coins.

This blog states How to Mine Bitcoin and the different ways to mine Bitcoin. We will further discuss the detailed procedure to mine Bitcoin with the help of an ASIC mining machine.

What Do You Need to Mine Bitcoin at Home?

It is not as easy as before to mine Bitcoin from home. You need to be careful at every step, from choosing the right crypto mining hardware to installing software on the system.

You will need electricity, a good internet connection, and a good mining rig to start mining Bitcoin at home. Moreover, you will need a Bitcoin wallet to store new coins.

What are the Various Ways to Mine Bitcoin at Home?

You can do Bitcoin mining at home in multiple ways. All these methods need a high capital with technical knowledge and special mining tools. The common methods of mining Bitcoin at home are:

·       ASIC miner

One of the most common methods to mine Bitcoin is by using an ASIC miner. This miner is developed for Bitcoin mining at home. ASIC miners are more efficient than a computer but are affordable as well.

·       Computer with graphics card

Another way to mine Bitcoin is by using a computer including a powerful GPU. These computers can solve complex mathematical problems to validate new Bitcoin transactions and mine new coins.

·       Join a Mining Pool

If you have limited capital, join a mining pool and combine your resources. You can join a group of miners to share your resources and boost the chances of mining new coins. In a mining pool, you can divide the rewards as per the contribution made by every member.

·       Cloud Mining Method

This is not so popular method of Bitcoin mining. You can rent mining power from a cloud mining service. This service provides the management of the mining equipment.

How to mine Bitcoin on a Computer?

You have to first download any Bitcoin wallet on your computer to store new BTC. Then download good mining software that works efficiently with an operating system of the computer. After downloading the software, you have to configure it with the help of a Bitcoin wallet address. Finally, you can start mining after the configuration of the hardware.

How to mine Bitcoin on an ASIC Mining Machine?

We discussed all the methods of How to mine Bitcoin at home. Now, let us discuss the method of mining Bitcoin by using an ASIC miner in this section:

1. Pick a good ASIC miner rig

The first step is to choose the best ASIC miner rig. You must look at your budget and the device’s computational power while choosing the miner rig. It is always suggested to go for the latest models when choosing the ASIC miner rig. But if you have a low budget, go for second-hand models. These models are easily available on various marketplaces and local markets.

In addition, you must consider the amount of physical space that you will save for a miner rig. You must find free space in your home to keep the best ASIC miner.

2. Factors to Determine for Buying a Rig

While purchasing ASIC miners, you must look at various factors. These factors include hardware, power supply, motherboards, frames, and central processing units. They are important to look for while getting a mining rig.

3. Pick the Mining Software

The next step is to choose the mining software. This software is a type of computer program developed to link mining hardware to blockchain and mining pools. Choose the software according to the level of mining experience and expertise that you have. You must also look at your operating system while choosing the ASIC miners.

Mining software can be used for free and by making payments. You can also choose premium versions of mining software to start Bitcoin mining. Some miners charge based on the hash power of the rig that you use.

4. Join a Good Mining Pool

Solo mining is a bit expensive task as you are a beginner. You can join a good mining pool and share your resources to generate more coins. Joining a mining pool will help you add new blocks to the blockchain and divide rewards among the members.

ASIC mining rigs help miners to control the computing power of multiple machines. They direct the computation power to the Bitcoin network and share the rewards for every block. While joining a mining pool, you must look at various factors such as reputation, payment rules, and the size of the group. You must also consider some other factors such as efficiency, customer service, and Latency while joining a mining pool.

5. Calculate Mining Profitability

The last factor to see while purchasing an ASIC miner is the profitability calculator. This calculator helps you to calculate the return on investment (ROI). Some of the most important factors to calculate the profits are current BTC prices, hash rate of mining rigs, energy costs and rig power consumption.

These parameters will be used to calculate the profitability in one day, month and year. You can get many notable profitability calculators on online marketplaces for assessing return on investment (ROI). They help to get a perfect profit planning in the process of Bitcoin mining.

Final Words

Although Bitcoin mining is an expensive at home, it is still a profitable investment for a better future. You must get the Best Bitcoin mining Hardware with special features to start mining Bitcoin right at home.

Mining Bitcoin at home can be done by various methods. You must have all the necessary things such as hardware, good internet connection and Bitcoin wallet to start Bitcoin mining. You can make huge profits with the help of Bitcoin mining.

Read More: Top 8 Differences Between Bitcoin and Bitcoin Cash

[lensman-arms-race]

Miscellaneous Skibidi Toilet ideas (part 3)

The only way to kill a Skibidi for good is to properly destroy the head (shooting, stabbing, etc.). If you only flush it, the Skibidi head is only temporarily out of action, and will later respawn in another empty toilet. (That's why the war is still going on - the alliance doesn't realise this and relies too much on flushing.)

---

Microphones and speakers are the same thing, just specialised in different directions. (That not a headcanon; that's literally true IRL. Any speaker can function as a crude microphone and vice versa.) Therefore, some cameras can learn to use their microphone as a tiny speaker, enabling them to audibly vocalise a bit (just very quietly and tinnily).

This would also explain why the Skibidi-possessed cameras are able to join in the 'skibidi skibidi skibidi' chant; they're sounding it out through their microphones.

They probably can't use their microphones as a mic and a speaker at the same time, so if they choose to talk out loud, they can't hear anything as they say it.

---

Imagine speakers enjoying discovering a cache of human-made music, until they stumbled across Lou Reed's Metal Machine Music and were like '…no no no no NO NO NO not that one!'

That album was made by Reed playing an electric guitar and putting a microphone between 2 amplifiers and recording the resulting feedback. Speakers would probably think that was so wrong!

---

Imagine hardware-heads being fascinated by humans being able to increase their strength through weight-lifting and other training. It means that humans can effectively self-upgrade. They'd probably be in awe of our tissues' ability to self-repair too.

---

Cameras see at a fixed framerate, resulting in some interesting effects when recording something that's in sync with the framerate. (This is a thing IRL; you've probably already seen clips of helicopter rotors or plane propellors in sync with a video camera, making it look as though the aircraft is mysteriously hovering without moving its engines.)

Therefore, with a bit of 'Hollywood logic', you could write something with Skibidis developing stealth technology that takes advantage of this effect, blinking out of existence during each frame. The stealthy Skibidi is undone when the hardware-heads call in a human ally to help - human eyes' saccades are too random for the Skibidi to keep up, and the human can see them!

(I won't go into saccades to avoid derailing the post, but look them up when you get a moment. The way eyes work is nuts!)

---

Silliness: imagine a hardware-head trying to access a human webpage but they can't because they don't tick the 'prove you're human/not a robot' tickbox. They think it's just a preferences thing; they don't realise it controls access to the page.

---

What would hardware-heads think of normal human-made hardware? Would it be creepy to them? If an Alliance camera saw a human-made CCTV camera on a pole, would that be disturbing because it's like a severed head? Or would it be fine because it's clearly a different thing from themselves? Or maybe it would be funny like a Halloween decoration, in the same way we might be amused by a funny skull on display.

---

The Titans' brains are so colossal and powerful that they could do Bitcoin-mining calculations in their heads just for fun.

---

Part 1 | Part 2 | Feel free to add more!

[koiguy94]

if people stopped mining BTC

If people stop mining Bitcoin, it would have several serious consequences for the network. Here are the major effects:

1. Reduced Network Security

Proof-of-Work and Security: The Bitcoin network relies on Proof-of-Work (PoW) to ensure that all transactions are valid and to protect the network from attacks. Miners use their computational power to solve cryptographic problems and create new blocks, which makes it extremely difficult to manipulate the blockchain.

Attacks: If no one is mining, the network would become highly vulnerable to various types of attacks. The most well-known attack is a 51%-attack, where someone controls more than 50% of the network’s computational power and can alter historical transactions or block new ones. If there are no miners working to solve PoW puzzles, there would be no computational power to secure the network.

2. No New Bitcoin Created

Creation of New Bitcoin: Mining is the only process that creates new Bitcoin. If no one mines, no new Bitcoin will be created. This would halt the continuous influx of new coins into the market.

No Reward: When the Bitcoin network reaches its maximum limit of 21 million Bitcoin, miners will have to rely on transaction fees as their income. If no one mines, there would be no rewards, and transaction fees wouldn't be processed.

3. Transactions Can't Be Processed

Blockchain: Mining is also the process that processes and verifies transactions. Without miners, transactions couldn’t be included in new blocks, and the Bitcoin network wouldn't be able to process any new transactions.

Transaction Delays: If no one mines, the Bitcoin network would effectively become "stuck" because transactions couldn’t be confirmed or included in blocks.

4. Difficulty Adjustment and Economic Effects

Difficulty Adjustment: If the number of miners drops significantly, the Bitcoin network’s difficulty would automatically adjust downward to make it easier to mine blocks. But if mining completely ceases, no one would be able to create new blocks, and it would be impossible to adjust the difficulty to a level where new blocks could be created.

Market Reaction: The market would likely react negatively to a sudden cessation of mining, as it would mean Bitcoin loses its decentralized nature, and trust in the network would decrease. This could lead to a sharp drop in Bitcoin prices and potentially other cryptocurrencies taking over.

Mining Becomes Unprofitable: Given that the difficulty of mining has increased over the years, it is now much more expensive and resource-intensive to mine Bitcoin. As the network's difficulty rises, miners need more powerful and specialized hardware, such as ASICs, to remain competitive. If mining rewards (block rewards and transaction fees) aren't sufficient to cover the increased costs, mining becomes unprofitable. This could cause miners to exit the network, further destabilizing the ecosystem.

5. Long-Term Outlook: A Shift to a New Cryptocurrency?

Inevitable Decline: Eventually, Bitcoin may face a point where it becomes unsustainable due to the increasing difficulty of mining and the rising costs involved. While the network may continue to operate for some time, the challenges Bitcoin faces—such as high energy consumption, lack of scalability, and an increasingly centralized mining landscape—will become harder to ignore. As the mining process becomes more costly and less profitable, Bitcoin’s appeal could decline.

A New Cryptocurrency: In the near future, people may begin to realize these limitations and may look for a cryptocurrency with better prospects for scalability, energy efficiency, and decentralization. New cryptocurrencies or blockchain projects could emerge with improved consensus mechanisms, better economic models, and stronger networks that could replace Bitcoin as the leading cryptocurrency. This shift may not happen overnight, but over time, Bitcoin could find itself overshadowed by more advanced alternatives that offer better long-term viability.

6. Conclusion

Bitcoin is built on the premise that decentralization and mining drive the network forward. Mining allows for the creation of new Bitcoin, transaction verification, and ensures that no one can manipulate the network. Without mining, Bitcoin would quickly lose its core functions and could become unusable as a secure, decentralized currency.

While it is unlikely that all miners would stop simultaneously, a massive reduction in mining would make Bitcoin much more vulnerable and potentially non-functional. Additionally, with the difficulty level so high and mining becoming increasingly expensive, many miners could find it unprofitable to continue, further compromising the network's security and stability. Bitcoin may eventually face a situation where it becomes increasingly obsolete, and the rise of a new cryptocurrency with better future prospects and a more sustainable network could be just a matter of time.