#hashrate
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miningdelta · 3 hours ago
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Antminer S19 HYDRO 191TH/s Cette asic, miner Antminer S19 HYDRO avec le hashrate de 191TH/s est conçu pour algorithme SHA-256 pour le minage de blockchain crypto monnaie Bitcoin , Bitcoin Cash, avec une consommation d'énergie de seulement 5451W.   BITCOIN:   191TH/s*   ALGORITHME:   SHA-256    WATT:   5451W Triphasé (380V) * Les données de puissance de calcul hashrate et de consommation électrique peuvent varier de +/- 5 %.  Pool de minage                      https://miningdelta.com/fr/bitcoin-btc/25-antminer-s19-hydro-191ths-8719325444711.html asicsdecryptomonnaiebitmain mineurs algorithmesha256 extractiondebitcoin hashrate hash antminer bitcoin btc HYDRO S19 antminerS19HYDRO191TH achatantminerS19HYDRO191TH
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dahabminers · 11 days ago
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dahabminers.com
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bitcoinversus · 17 days ago
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Simple Mining Targets 125 MW Bitcoin Mining Hasrate by Q1 2025
Nick Garland, Chief Operating Officer at Simple Mining, announced, “Next week we will complete an additional 5 MW expansion which takes our total hashrate under management up to 50 MW. In November, we have an additional 10+ MW coming online as well, which keeps us on track for our target of 125+ MW by the end of Q1 2025.” Garland’s statement reflects the company’s aggressive growth strategy,…
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secretofresearch · 3 months ago
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Cryptocurrency Mining: The Process of Verifying Transactions and Unlocking New Tokens
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Cryptocurrency mining refers to the process of verifying transactions on a blockchain network and unlocking new tokens as a reward. Miners use specialized computer hardware or software to solve complex math problems and add valid transactions to blocks that get added to the blockchain. By solving these puzzles, miners validate transactions and allow new coins or tokens to enter circulation.
The process of mining helps power the decentralized nature of cryptocurrencies like Bitcoin, Ethereum and others by verifying transactions without relying on a central authority like a bank. The resource intensive nature of mining helps ensure transaction history on public blockchains remains secure and unchanged, preventing double spending or fraudulent transactions.
Hardware Requirements for Mining
As the computational puzzles solved during mining have become increasingly harder over time due to algoirthmic adjustments, specialized mining hardware is now essential for any meaningful cryptocurrency operation. Some key hardware typically used includes:
- Cryptocurrency Rigs: Dedicated Cryptocurrency Minning rigs use multiple high-performance graphics processing units (GPUs) or application-specific integrated circuits (ASICs) optimized for mining particular cryptocurrencies like Bitcoin or Ethereum. These racks of mining equipment can draw significant power.
- Graphics Cards: Early miners relied on high-end gaming graphics cards from AMD and Nvidia with many CUDA cores like the RX 570/580 or GTX 1070/1080. However, cryptocurrency-specific ASICs have now surpassed GPU mining for most coins.
- Application-Specific Integrated Circuits (ASICs): ASIC miners are computer chips designed for mining particular algorithms like Bitcoin's SHA-256 or associated algorithms. ASICs far outperform GPU or CPU mining in performance and power efficiency.
- Power Supply: Large power supplies capable of delivering over 1,000 watts continuous power are needed to run multiple graphics cards or ASIC miners without tripping overloads. Uninterruptible power supplies (UPS) also protect against fluctuations.
Selecting a Cryptocurrency to Mine
With over 10,000 cryptocurrencies in existence now, miners must choose which cryptocurrency offers the best potential returns relative to their hardware's capabilities. Factors influencing this decision include:
- Algorithms: ASICs are best suited for SHA-256 coins like Bitcoin while GPUs are preferred for memory-hard algorithms like Ethereum's Ethash. CPUs are inefficient for most major coins.
- Network Difficulty: As more miners join a network, computational difficulty rises to maintain constant issuance. Miners consider entry difficulty before hardware investment.
- Hardware Performance: They assess which coins their GPU, ASIC or other hardware is optimized and most efficient at mining relative to competitors. Performance directly correlates with mining rewards and profitability.
- Coin Supply & Inflation Rate: Early stage coins that haven't reached maximum supply or have significant block rewards are often more profitable in the short term.
- Market Price & Volatility: Miners aim to mine coins that are valuable or that they expect to appreciate significantly in the near future based on market analysis. Price stability adds certainty.
Setting Up a Home Mining Rig
Once hardware is obtained, miners must set up their home mining rigs, benchmark performance, and connect to appropriate cryptocurrency pools in order to begin receiving shares of block rewards. Some key steps include:
- Installing OS: Lightweight operating systems optimized for mining like simple Linux distros are commonly installed on rigs to minimize CPU/memory overhead.
- Drivers: Appropriate graphics card or ASIC drivers must be obtained from manufacturer sites and installed to recognize mining hardware.
- Benchmarking: Tools benchmark performance on algorithm tests and compare performance to expected hashrate specifications.
- Mining Software: Programs like CGMiner interface rigs to mining pools for Bitcoin and allow overclocking/configuration of hardware for optimal performance.
- Mining Pool: Rigs are connected to large coordinated pools that consolidate individual miner hashes and split block rewards proportionally based on contributed shares.
- Remote Monitoring: Tools monitor system vitals remotely, auto-restart failed rigs, and ensure peak performance. Cloud services also host mining software.
Electricity Costs and Profitability Calculations
A major ongoing cost for home miners is electricity consumption by their mining rigs. Effective mining requires running hardware 24/7, with energy costs eating significantly into profits unless power is extremely inexpensive. Miners carefully track:
- Hardware power consumption and total power costs. Typical gaming rigs may consume 1,000W while large ASIC miners can exceed 2,500W.
- KWh electricity rates based on their local utility tariff structure, factoring in demand charges if applicable. U.S national average is 13-15c/KWh.
- Cryptocurrency difficulty and respective block reward to calculate estimated monthly mining profits. They account for fluctuation in coin valuations.
- Additional expenses like purchasing hardware, income taxes, maintenance, cooling, and connectivity costs further impact profitability analysis.
Advanced miners develop custom spreadsheet models and mining calculators that input all these parameters to track mining profitability over various crypto price and network difficulty scenarios so they can quickly re-evaluate operations. Profitability thresholds guide expansion or winding down of mining activities for better returns.
Future Outlook for Cryptocurrency Mining
While cryptocurrency is now highly competitive globally with large industrial mining operations dominating, smaller individual miners still play an important role in securing many blockchain networks. Looking ahead, key trends include:
- Accelerating Hardware Advancements: ASIC and GPU mining performance is rapidly increasing while energy efficiency simultaneously improves through better semiconductor processes and cooling technologies.
- Alternative Mining Technologies: Some projects are exploring alternatives to proof-of-work like proof-of-stake to reduce energy use, while others leverage edge computing on user devices for mining.
- Distributed Cloud Mining: Mining hosting services allow mining from any location while hardware resides within giant optimized mining data centers with cheap power and cooling.
- Regulatory Hurdles: Some jurisdictions are weighing restrictions on commercial cryptocurrency due to electricity demand and environmental impact concerns which could shift operations.
As long as valuable decentralized digital currencies exist, cryptocurrency will continue evolving alongside the supporting technologies to remain a profitable entrepreneurial endeavor for informed, diligent participants with the right resources and cost perspective. Its importance to network security also ensures the practice maintains relevance for the foreseeable future.
Get more insights on Cryptocurrency Minning
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wecoinverse · 4 months ago
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"Navigating the wild terrain of Bitcoin mining as hash prices hover near historic lows.
It's all about survival and strategy in this volatile landscape.
Are you prepared for the challenges ahead?"
#Bitcoin #CryptoMining #HashRate #SurvivalGames #CryptoEconomy #Blockchain
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luckyonexcel · 9 months ago
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A Comprehensive Guide to Crypto Mining and Coins to Start Mining Today
Introduction to Crypto Mining Crypto mining refers to the process of generating new cryptocurrencies through computational power. Miners use powerful hardware devices to solve complex mathematical problems, validating transactions and securing the network. In return, they receive newly minted coins as rewards. Understand the Basics Before delving into crypto mining, it’s essential to…
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beleaf-blockchain-company · 10 months ago
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The hash rate of Bitcoin hit a record breaking 544 exahashes per second (EH/s).
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ladookhotnikov · 1 year ago
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Artificial Intelligence Gets Dumber: People Are to Blame
Chat GPT has fallen in popularity, Bing AI is stagnant, Bard can't reach the next level, and Llama from Meta (FaceBook) is slow. What was on the hype at the beginning of the year may die by mid-autumn.
AI startups have spent millions of dollars but have never been able to achieve impressive results. It's all because of the lack of graphics power. To understand the scale of the disaster, Chat GPT requires up to 25,000 A100 series aircraft to operate.
“In order for AI to continue to develop, significant capital injections will be required - about $ 15 billion is needed to maintain efficiency and the same amount in the next few years,” Lev Polovets, venture capitalist of Robinhood, Flexport, Stord, Mux, etc.
We recently witnessed a failed Reddit API campaign. The culprit was a trick that failed - when some create new products, while others prefer to "pump" resources through the software interface, this does not lead to anything good.
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Lado Okhotnikov spoke clearly about whether the introduction of artificial intelligence into the Metaverse Meta Force platform is planned:
“Recent data shows a significant decline in interest in machine learning. We are in no hurry to integrate those tools that, in our opinion, cannot bring the desired result. Our specialists monitor the situation on the market and are always ready for innovations.”
By comparison, it takes approximately 145,000 kilowatt-hours of electricity to mine one block on the bitcoin network. And this is not counting the associated costs for the purchase of equipment, its maintenance, administration, etc.
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crypto-mining-farm · 2 years ago
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Investiere jetzt! Verdiene Geld mit Bitcoin
Investiere jetzt! Verdiene Geld mit Bitcoin Du träumst schon lange davon, Geld mit Bitcoin zu verdienen? Dann bist du hier richtig! Es gibt verschiedene Möglichkeiten, an Bitcoin zu kommen. Doch Bitcoin-Mining hat sich als eine der rentabelsten Methoden erwiesen, um Geld mit Bitcoin zu verdienen. Mit Cryptominersale und rendite.io kannst du jetzt ganz leicht und ohne Vorkenntnisse loslegen. Was…
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miningdelta · 1 day ago
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Antminer S21+ HYDRO 319TH/s Cette asic, miner Antminer S21+ HYDRO avec le hashrate de 319TH/s est conçu pour algorithme SHA-256 pour le minage de blockchain crypto monnaie Bitcoin, Bitcoin Cash, avec une consommation d'énergie de seulement 4785W.   BITCOIN:   319TH/s*   ALGORITHME:   SHA-256    WATT:   4785W Triphasé (380V) * Les données de puissance de calcul hashrate et de consommation électrique peuvent varier de +/- 5 %.   Pool de minage                      https://miningdelta.com/fr/bitcoin-btc/260-antminer-s21-hydro-319ths.html hashrate antminer bitcoin crypto minage extractionbitcoin asic asics bitmain HYDRO achat coin AntminerS21HYDRO S21HYDRO achatAntminerS21HYDRO rentabilitéAntminerS21HYDRO
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dahabminers · 11 days ago
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bitcoinversus · 25 days ago
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Economic Challenges for BitFuFu Cloud Mining Clients
BitFuFu, a leading cloud-based #bitcoin mining provider, faced economic challenges according to their Q2 2024 report.
BitFuFu, a leading provider of cloud-based bitcoin mining, faced significant economic challenges in the second quarter of 2024, as revealed in their latest financial report. Despite achieving considerable revenue growth, the company’s cloud mining clients experienced substantial losses, highlighting the volatile nature of the cryptocurrency mining market. During this quarter, BitFuFu reported…
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stoccoin · 2 years ago
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Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation's electricity grid — leading to a temporary drop in hashrate. In the days leading up to Christmas, bone-chilling temperatures swept across the United States, leading to millions without power and claiming at least 28 lives. According to reports, Bitcoin miners in Texas, which accounts for a significant portion of the country's hashrate, voluntarily curtailed operations to give power back to the grid — so that residents can keep their homes heated. The disruptions appear to have put a dent in Bitcoin’s hashrate, which typically hovers around 225-300 Exahashes per second (EH/s). This fell to 170.60 EH/s on Dec. 25. #Stoccoin #Bitcoin #Hashrate #Miners https://www.instagram.com/p/Cmozgx9h2bS/?igshid=NGJjMDIxMWI=
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christophbergmann · 2 years ago
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Bitcoin-Miner können Kredite nicht mehr zurückzahlen
Bitcoin-Miner können Kredite nicht mehr zurückzahlen Die Kapitulation der Miner setzt sich fort - und droht, Lending-Plattformen mit sich zu reissen. Aber Bitcoin regeneriert bereits.
Die Kapitulation der Miner setzt sich fort: Die Profite schmelzen, immer mehr Geräte werden abgeschaltet, und die Hashrate sinkt. Dies trifft auch die ohnehin angeschlagenen Lending-Plattformen. (more…)
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zeusmining12 · 2 years ago
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Zeus Mining Maintenance Knowledge: The ASIC miner hashrate is different from the mining pool hashrate, and the failure may occur because a hash board goes offline. The work of this block hash board is invalid, so it is not counted towards the pool hash rate. More reasons for the inconsistency of hash rates displayed by miners and pool backends: https://www.zeusbtc.com/articles/asic-miner-troubleshooting/2110-why-is-the-hashrate-displayed-in-the-backstage-of-the-miner-and-the-mining-pool-inconsistent
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cryptoinfowatch · 1 year ago
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A solo miner solves Bitcoin’s 275th block, earning over $160,000
A random bitcoin miner hits it big with a relatively low hashrate. Bitcoin’s 275th block was mined by a solo miner operating with hardware that has a mining power of about 17 terahashes (TH). The low hash rate of the miner points to the fact that he could be a private individual mining bitcoins with a single S9 miner. The surprising reward could be termed a fortunate happenstance, which happens…
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