3 Best Bitcoin Mining Hardware ASICs For 2019-2020 ...

Bitcoin halving 2020: ASIC processors brace for another drop in revenue

Bitcoin halving 2020: ASIC processors brace for another drop in revenue submitted by thacypha to bitcoinsv [link] [comments]

For ASIC designers:Has bitcoin processing innovation with ASICs driven any processor innovation with other possible uses? Not the specific design probably but any other innovations?

Wall street robo trading has driven microsecond fiber speed improvements as well as whole new fiber cables being laid . I suspect Bitcoin mining hash/watt processing profit advantage will be driving some innovations too if it hasnt already.
Did usb ASICs exist before for example?
submitted by georedd to Bitcoin [link] [comments]

Butterfly Labs Announces 28nm ASIC Bitcoin Mining Processor

submitted by xezirone to Bitcoin [link] [comments]

ELI5: ASIC processor & BitCoin

This is probably pretty advanced for a 5 year old, but I still can't grasp failures. When you have a processor dedicated to do one specific task, how can it have a failure rate without overclocking. I just got my BFL jalapeno in the mail, more of a curiosity than a money maker, but the failure rate is showing what I think is 10% failure rate: 5s: 5.86 avg: 5.87 u: 4.70 Gh/s | A:201 R:24+0( 10%) HW:8326/ 10%
IMHO, it just seems like they are purposely overloading the processor to an acceptable amount of failure, since the chips are hardwired to do the job. Coming from a networking background if I found a brand X to fail even 1%, I would be switching vendors immediately.
submitted by dj_oedipus to explainlikeimfive [link] [comments]

Bitcoin mining ASIC processor and systems manufacturer CoinTerra has announced it will offer hosted mining contracts.

Bitcoin mining ASIC processor and systems manufacturer CoinTerra has announced it will offer hosted mining contracts. submitted by Georges5 to Bitcoin [link] [comments]

Mining algorithm differences between currencies

Apologies if this question has been asked before; I am looking for more technical resources than a simplification or easy explanation (not that anything's wrong with people looking for those kinds of explanations).
TL;DR: Why does Monero and several other newer digital currencies employ the CPU as the main compute element for mining, whereas e.g. Bitcoin started out in that way but migrated quickly to algorithms employing the GPU?
Is it the complexity of the problem? I know CPUs are much better suited to more classes of problems to solve; that's why we have CPUs with 4-32 cores that are incredibly multipurposely programmable and GPUs with thousands/tens of thousands of cores which are incredibly specialized. Or is it some other reason?
I'd love to dive into this subject very technically. I have > 25 years in IT (hardware including distributing computing before the word "cloud" meant anything other than a collection of water vapor hanging in the sky; software development from GW-BASIC and C to Perl/PHP to Java to .NET Core and beyond/in between; devops; etc.). I just haven't really studied the fundamentals of blockchain.
Again, apologies if this question has been asked. If there are technical resources out there, feel free to paste links; I don't want to waste anyone's time.
Thanks for any information!
submitted by FrontColonelShirt to Monero [link] [comments]

Filecoin | Development Status and Mining Progress

Author: Gamals Ahmed, CoinEx Business Ambassador
https://preview.redd.it/5bqakdqgl3g51.jpg?width=865&format=pjpg&auto=webp&s=b709794863977eb6554e3919b9e00ca750e3e704
A decentralized storage network that transforms cloud storage into an account market. Miners obtain the integrity of the original protocol by providing data storage and / or retrieval. On the contrary, customers pay miners to store or distribute data and retrieve it.
Filecoin announced, that there will be more delays before its main network is officially launched.
Filecoin developers postponed the release date of their main network to late July to late August 2020.
As mentioned in a recent announcement, the Filecoin team said that the initiative completed the first round of the internal protocol security audit. Platform developers claim that the results of the review showed that they need to make several changes to the protocol’s code base before performing the second stage of the software testing process.
Created by Protocol Labs, Filecoin was developed using File System (IPFS), which is a peer-to-peer data storage network. Filecoin will allow users to trade storage space in an open and decentralized market.
Filecoin developers implemented one of the largest cryptocurrency sales in 2017. They have privately obtained over $ 200 million from professional or accredited investors, including many institutional investors.
The main network was slated to launch last month, but in February 2020, the Philly Queen development team delayed the release of the main network between July 15 and July 17, 2020.
They claimed that the outbreak of the Coronavirus (COVID-19) in China was the main cause of the delay. The developers now say that they need more time to solve the problems found during a recent codecase audit.
The Filecoin team noted the following:
“We have drafted a number of protocol changes to ensure that building our major network launch is safe and economically sound.” The project developers will add them to two different implementations of Filecoin (Lotus and go-filecoin) in the coming weeks.
Filecoin developers conducted a survey to allow platform community members to cast their votes on three different launch dates for Testnet Phase 2 and mainnet.
The team reported that the community gave their votes. Based on the vote results, the Filecoin team announced a “conservative” estimate that the second phase of the network test should begin by May 11, 2020. The main Filecoin network may be launched sometime between July 20 and August 21, 2020.
The updates to the project can be found on the Filecoin Road Map.
Filecoin developers stated:
“This option will make us get the most important protocol changes first, and then implement the rest as protocol updates during testnet.” Filecoin is back down from the final test stage.
Another filecoin decentralized storage network provider launched its catalytic test network, the final stage of the storage network test that supports the blockchain.
In a blog post on her website, Filecoin said she will postpone the last test round until August. The company also announced a calibration period from July 20 to August 3 to allow miners to test their mining settings and get an idea of how competition conditions affected their rewards.
Filecoin had announced earlier last month that the catalytic testnet test would precede its flagship launch. The delay in the final test also means that the company has returned the main launch window between August 31 and September 21.
Despite the lack of clear incentives for miners and multiple delays, Filecoin has succeeded in attracting huge interest, especially in China. Investors remained highly speculating on the network’s mining hardware and its premium price.
Mining in Filecoin
In most blockchain protocols, “miners” are network participants who do the work necessary to promote and maintain the blockchain. To provide these services, miners are compensated in the original cryptocurrency.
Mining in Filecoin works completely differently — instead of contributing to computational power, miners contribute storage capacity to use for dealing with customers looking to store data.
Filecoin will contain several types of miners:
Storage miners responsible for storing files and data on the network. Miners retrieval, responsible for providing quick tubes for file recovery. Miners repair to be carried out.
Storage miners are the heart of the network. They earn Filecoin by storing data for clients, and computerizing cipher directories to check storage over time. The probability of earning the reward reward and transaction fees is proportional to the amount of storage that the Miner contributes to the Filecoin network, not the hash power.
Retriever miners are the veins of the network. They earn Filecoin by winning bids and mining fees for a specific file, which is determined by the market value of the said file size. Miners bandwidth and recovery / initial transaction response time will determine its ability to close recovery deals on the network.
The maximum bandwidth of the recovery miners will determine the total amount of deals that it can enter into.
In the current implementation, the focus is mostly on storage miners, who sell storage capacity for FIL.

Hardware recommendations

The current system specifications recommended for running the miner are:
Compared to the hardware requirements for running a validity checker, these standards are much higher — although they definitely deserve it. Since these will not increase in the presumed future, the money spent on Filecoin mining hardware will provide users with many years of reliable service, and they pay themselves many times. Think of investing as a small business for cloud storage. To launch a model on the current data hosting model, it will cost millions of dollars in infrastructure and logistics to get started. With Filecoin, you can do the same for a few thousand dollars.
Proceed to mining
Deals are the primary function of the Filecoin network, and it represents an agreement between a client and miners for a “storage” contract.
Once the customer decides to have a miner to store based on the available capacity, duration and price required, he secures sufficient funds in a linked portfolio to cover the total cost of the deal. The deal is then published once the mine accepts the storage agreement. By default, all Filecoin miners are set to automatically accept any deal that meets their criteria, although this can be disabled for miners who prefer to organize their deals manually.
After the deal is published, the customer prepares the data for storage and then transfers it to the miner. Upon receiving all the data, the miner fills in the data in a sector, closes it, and begins to provide proofs to the chain. Once the first confirmation is obtained, the customer can make sure the data is stored correctly, and the deal has officially started.
Throughout the deal, the miner provides continuous proofs to the chain. Clients gradually pay with money they previously closed. If there is missing or late evidence, the miner is punished. More information about this can be found in the Runtime, Cut and Penalties section of this page.
At Filecoin, miners earn two different types of rewards for their efforts: storage fees and reward prevention.
Storage fees are the fees that customers pay regularly after reaching a deal, in exchange for storing data. This fee is automatically deposited into the withdrawal portfolio associated with miners while they continue to perform their duties over time, and is locked for a short period upon receipt.
Block rewards are large sums given to miners calculated on a new block. Unlike storage fees, these rewards do not come from a linked customer; Instead, the new FIL “prints” the network as an inflationary and incentive measure for miners to develop the chain. All active miners on the network have a chance to get a block bonus, their chance to be directly proportional to the amount of storage space that is currently being contributed to the network.
Duration of operation, cutting and penalties
“Slashing” is a feature found in most blockchain protocols, and is used to punish miners who fail to provide reliable uptime or act maliciously against the network.
In Filecoin, miners are susceptible to two different types of cut: storage error cut, unanimously reduce error.
Storage Error Reduction is a term used to include a wider range of penalties, including error fees, sector penalties, and termination fees. Miners must pay these penalties if they fail to provide reliability of the sector or decide to leave the network voluntarily.
An error fee is a penalty that a miner incurs for each non-working day. Sector punishment: A penalty incurred by a miner of a disrupted sector for which no error was reported before the WindowPoSt inspection.
The sector will pay an error fee after the penalty of the sector once the error is discovered.
Termination Fee: A penalty that a miner incurs when a sector is voluntary or involuntarily terminated and removed from the network.
Cutting consensus error is the penalty that a miner incurs for committing consensus errors. This punishment applies to miners who have acted maliciously against the network consensus function.
Filecoin miners
Eight of the top 10 Felticoin miners are Chinese investors or companies, according to the blockchain explorer, while more companies are selling cloud mining contracts and distributed file sharing system hardware. CoinDesk’s Wolfe Chao wrote: “China’s craze for Filecoin may have been largely related to the long-standing popularity of crypto mining in the country overall, which is home to about 65% of the computing power on Bitcoin at discretion.”
With Filecoin approaching the launch of the mainnet blocknet — after several delays since the $ 200 million increase in 2017 — Chinese investors are once again speculating strongly about network mining devices and their premium prices.
Since Protocol Labs, the company behind Filecoin, released its “Test Incentives” program on June 9 that was scheduled to start in a week’s time, more than a dozen Chinese companies have started selling cloud mining contracts and hardware — despite important details such as economics Mining incentives on the main network are still endless.
Sales volumes to date for each of these companies can range from half a million to tens of millions of dollars, according to self-reported data on these platforms that CoinDesk has watched and interviews with several mining hardware manufacturers.
Filecoin’s goal is to build a distributed storage network with token rewards to spur storage hosting as a way to drive wider adoption. Protocol Labs launched a test network in December 2019. But the tokens mined in the testing environment so far are not representative of the true silicon coin that can be traded when the main network is turned on. Moreover, the mining incentive economics on testnet do not represent how final block rewards will be available on the main network.
However, data from Blockecoin’s blocknetin testnet explorers show that eight out of 10 miners with the most effective mining force on testnet are currently Chinese miners.
These eight miners have about 15 petabytes (PB) of effective storage mining power, accounting for more than 85% of the total test of 17.9 petable. For the context, 1 petabyte of hard disk storage = 1000 terabytes (terabytes) = 1 million gigabytes (GB).
Filecoin craze in China may be closely related to the long-standing popularity of crypt mining in the country overall, which is home to about 65% of the computing power on Bitcoin by estimation. In addition, there has been a lot of hype in China about foreign exchange mining since 2018, as companies promote all types of devices when the network is still in development.
“Encryption mining has always been popular in China,” said Andy Tien, co-founder of 1475, one of several mining hardware manufacturers in Philquin supported by prominent Chinese video indicators such as Fenbushi and Hashkey Capital.
“Even though the Velikoyen mining process is more technologically sophisticated, the idea of mining using hard drives instead of specialized machines like Bitcoin ASIC may be a lot easier for retailers to understand,” he said.
Meanwhile, according to Feixiaohao, a Chinese service comparable to CoinMarketCap, nearly 50 Chinese crypto exchanges are often somewhat unknown with some of the more well-known exchanges including Gate.io and Biki — have listed trading pairs for Filecoin currency contracts for USDT.
In bitcoin mining, at the current difficulty level, one segment per second (TH / s) fragmentation rate is expected to generate around 0.000008 BTC within 24 hours. The higher the number of TH / s, the greater the number of bitcoins it should be able to produce proportionately. But in Filecoin, the efficient mining force of miners depends on the amount of data stamped on the hard drive, not the total size of the hard drive.
To close data in the hard drive, the Filecoin miner still needs processing power, i.e. CPU or GPU as well as RAM. More powerful processors with improved software can confine data to the hard drive more quickly, so miners can combine more efficient mining energy faster on a given day.
As of this stage, there appears to be no transparent way at the network level for retail investors to see how much of the purchased hard disk drive was purchased which actually represents an effective mining force.
The U.S.-based Labs Protocol was behind Filecoin’s initial coin offer for 2017, which raised an astonishing $ 200 million.
This was in addition to a $ 50 million increase in private investment supported by notable venture capital projects including Sequoia, Anderson Horowitz and Union Square Ventures. CoinDk’s parent company, CoinDk, has also invested in Protocol Labs.
After rounds of delay, Protocol Protocols said in September 2019 that a testnet launch would be available around December 2019 and the main network would be rolled out in the first quarter of 2020.
The test started as promised, but the main network has been delayed again and is now expected to launch in August 2020. What is Filecoin mining process?
Filecoin mainly consists of three parts: the storage market (the chain), the blockecin Filecoin, and the search market (under the chain). Storage and research market in series and series respectively for security and efficiency. For users, the storage frequency is relatively low, and the security requirements are relatively high, so the storage process is placed on the chain. The retrieval frequency is much higher than the storage frequency when there is a certain amount of data. Given the performance problem in processing data on the chain, the retrieval process under the chain is performed. In order to solve the security issue of payment in the retrieval process, Filecoin adopts the micro-payment strategy. In simple terms, the process is to split the document into several copies, and every time the user gets a portion of the data, the corresponding fee is paid. Types of mines corresponding to Filecoin’s two major markets are miners and warehousers, among whom miners are primarily responsible for storing data and block packages, while miners are primarily responsible for data query. After the stable operation of the major Filecoin network in the future, the mining operator will be introduced, who is the main responsible for data maintenance.
In the initial release of Filecoin, the request matching mechanism was not implemented in the storage market and retrieval market, but the takeover mechanism was adopted. The three main parts of Filecoin correspond to three processes, namely the stored procedure, retrieval process, packaging and reward process. The following figure shows the simplified process and the income of the miners:
The Filecoin mining process is much more complicated, and the important factor in determining the previous mining profit is efficient storage. Effective storage is a key feature that distinguishes Filecoin from other decentralized storage projects. In Filecoin’s EC consensus, effective storage is similar to interest in PoS, which determines the likelihood that a miner will get the right to fill, that is, the proportion of miners effectively stored in the entire network is proportional to final mining revenue.
It is also possible to obtain higher effective storage under the same hardware conditions by improving the mining algorithm. However, the current increase in the number of benefits that can be achieved by improving the algorithm is still unknown.
It seeks to promote mining using Filecoin Discover
Filecoin announced Filecoin Discover — a step to encourage miners to join the Filecoin network. According to the company, Filecoin Discover is “an ever-growing catalog of numerous petabytes of public data covering literature, science, art, and history.” Miners interested in sharing can choose which data sets they want to store, and receive that data on a drive at a cost. In exchange for storing this verified data, miners will earn additional Filecoin above the regular block rewards for storing data. Includes the current catalog of open source data sets; ENCODE, 1000 Genomes, Project Gutenberg, Berkley Self-driving data, more projects, and datasets are added every day.
Ian Darrow, Head of Operations at Filecoin, commented on the announcement:
“Over 2.5 quintillion bytes of data are created every day. This data includes 294 billion emails, 500 million tweets and 64 billion messages on social media. But it is also climatology reports, disease tracking maps, connected vehicle coordinates and much more. It is extremely important that we maintain data that will serve as the backbone for future research and discovery”.
Miners who choose to participate in Filecoin Discover may receive hard drives pre-loaded with verified data, as well as setup and maintenance instructions, depending on the company. The Filecoin team will also host the Slack (fil-Discover-support) channel where miners can learn more.
Filecoin got its fair share of obstacles along the way. Last month Filecoin announced a further delay before its main network was officially launched — after years of raising funds.
In late July QEBR (OTC: QEBR) announced that it had ceded ownership of two subsidiaries in order to focus all of the company’s resources on building blockchain-based mining operations.
The QEBR technology team previously announced that it has proven its system as a Filecoin node valid with CPU, GPU, bandwidth and storage compatibility that meets all IPFS guidelines. The QEBR test system is connected to the main Filecoin blockchain and the already mined filecoin coin has already been tested.
“The disclosure of Sheen Boom and Jihye will allow our team to focus only on the upcoming global launch of Filecoin. QEBR branch, Shenzhen DZD Digital Technology Ltd. (“ DZD “), has a strong background in blockchain development, extraction Data, data acquisition, data processing, data technology research. We strongly believe Filecoin has the potential to be a leading blockchain-based cryptocurrency and will make every effort to make QEBR an important player when Mainecoin mainnet will be launched soon”.
IPFS and Filecoin
Filecoin and IPFS are complementary protocols for storing and sharing data in a decentralized network. While users are not required to use Filecoin and IPFS together, the two combined are working to resolve major failures in the current web infrastructure.
IPFS
It is an open source protocol that allows users to store and transmit verifiable data with each other. IPFS users insist on data on the network by installing it on their own device, to a third-party cloud service (known as Pinning Services), or through community-oriented systems where a group of individual IPFS users share resources to ensure the content stays live.
The lack of an integrated catalytic mechanism is the challenge Filecoin hopes to solve by allowing users to catalyze long-term distributed storage at competitive prices through the storage contract market, while maintaining the efficiency and flexibility that the IPFS network provides.
Using IPFS
In IPFS, the data is hosted by the required data installation nodes. For data to persist while the user node is offline, users must either rely on their other peers to install their data voluntarily or use a central install service to store data.
Peer-to-peer reliance caching data may be a good thing as one or multiple organizations share common files on an internal network, or where strong social contracts can be used to ensure continued hosting and preservation of content in the long run. Most users in an IPFS network use an installation service.
Using Filecoin
The last option is to install your data in a decentralized storage market, such as Filecoin. In Filecoin’s structure, customers make regular small payments to store data when a certain availability, while miners earn those payments by constantly checking the integrity of this data, storing it, and ensuring its quick recovery. This allows users to motivate Filecoin miners to ensure that their content will be live when it is needed, a distinct advantage of relying only on other network users as required using IPFS alone.
Filecoin, powered by IPFS
It is important to know that Filecoin is built on top of IPFS. Filecoin aims to be a very integrated and seamless storage market that takes advantage of the basic functions provided by IPFS, they are connected to each other, but can be implemented completely independently of each other. Users do not need to interact with Filecoin in order to use IPFS.
Some advantages of sharing Filecoin with IPFS:
Of all the decentralized storage projects, Filecoin is undoubtedly the most interested, and IPFS has been running stably for two years, fully demonstrating the strength of its core protocol.
Filecoin’s ability to obtain market share from traditional central storage depends on end-user experience and storage price. Currently, most Filecoin nodes are posted in the IDC room. Actual deployment and operation costs are not reduced compared to traditional central cloud storage, and the storage process is more complicated.
PoRep and PoSt, which has a large number of proofs of unknown operation, are required to cause the actual storage cost to be so, in the early days of the release of Filecoin. The actual cost of storing data may be higher than the cost of central cloud storage, but the initial storage node may reduce the storage price in order to obtain block rewards, which may result in the actual storage price lower than traditional central cloud storage.
In the long term, Filecoin still needs to take full advantage of its P2P storage, convert storage devices from specialization to civil use, and improve its algorithms to reduce storage costs without affecting user experience. The storage problem is an important problem to be solved in the blockchain field, so a large number of storage projects were presented at the 19th Web3 Summit. IPFS is an important part of Web3 visibility. Its development will affect the development of Web3 to some extent. Likewise, Web3 development somewhat determines the future of IPFS. Filecoin is an IPFS-based storage class project initiated by IPFS. There is no doubt that he is highly expected.
Resources :
  1. https://www.coindesk.com/filecoin-pushes-back-final-testing-phase-announces-calibration-period-for-miners
  2. https://docs.filecoin.io/mine/#types-of-miners https://www.nasdaq.com/articles/inside-the-craze-for-filecoin-crypto-mining-in-china-2020-07-12؟amp
  3. https://www.prnewswire.com/news-releases/qebr-streamlines-holdings-to-concentrate-on-filecoin-development-and-mining-301098731.html
  4. https://www.crowdfundinsider.com/2020/05/161200-filecoin-seeks-to-boost-mining-with-filecoin-discove
  5. https://zephyrnet.com/filecoin-seeks-to-boost-mining-with-filecoin-discove
  6. https://docs.filecoin.io/introduction/ipfs-and-filecoin/#filecoin-powered-by-ipfs
submitted by CoinEx_Institution to filecoin [link] [comments]

Cryptocurrency Mining Today

Cryptocurrency Mining Today
Mining is one of the key concepts in the crypto world. Everyone who comes into contact with this sphere somehow wonders about the mining of coins. How profitable is mining in 2020, and what are the current trends?
by StealthEX
Crypto mining is a process during which a computer solves mathematical problems, resulting in the release of new blocks of information. This gives its owners a certain amount of coins, which is deposited in the total pot and registered in the public “ledger”, so-called blockchain. Machines in the network are also checking transactions with existing coins, adding this information to the blockchain as well.
As for the issue itself, the most well-known algorithm of mining is Proof-of-Work (PoW), used in the networks of Bitcoin, Litecoin, Ethereum and many others.
During the mining process, the latest transactions are verified and compiled into blocks. It is usually a series of calculations with an iteration of parameters to find a hash with the specified properties. The node which first solves this problem receives a reward. This approach was specifically designed to encourage those who provide the computing power of their mining machines to maintain the network and mine new coins.
It is usually no need for a newcomer to know and understand all the complicated details of the mining process, just how much they can earn with certain equipment and electricity costs.
Everything is designed in such a way that the complexity of calculations is steadily increasing, which then requires a constant increase in the computing power of the network. In 2009-2010, for mining bitcoin, miners only had to download and run the software on their personal computers, but very soon the network became so complicated that even with best PCs with a powerful processor, mining became unprofitable. That’s why miners started to use more effective video cards (graphics processing units or GPUs) and join them in so-called “farms”.
In most systems, the number of coins is determined in advance. Also, many networks are gradually reducing rewards for miners. Such emission restrictions were built into the algorithm to prevent inflation.
Thus, the cost of mining for smaller participants no longer pays off, which makes them turn off their hardware or switch to another coin where they can still make their profit.
In particular, on the evening of May 11, 2020, a halving took place in the bitcoin network, the reward for mining was halved, from 12.5 to 6.25 BTC. In June, the revenue of bitcoin miners decreased by 23%, to the lowest since March 2019.
However, in mid-June, the difficulty of bitcoin mining showed a record growth over the past 2.5 years. Mining the first cryptocurrency has become 15% more difficult. Although, by the beginning of July, the complexity had stabilized. The growing difficulty of mining the first cryptocurrency indicates that new miners have joined its network. Previously, some of them turned off the equipment, as it became less profitable to mine the coin due to a decrease in its cost and halving.
Now the absolute majority of new coins are generated by industrial mining. This is done by large data centers equipped with specialized computers based on the ASIC architecture. ASICs are integrated circuits that were initially optimized for a specific task, namely the mining of cryptocurrencies. They are much more productive than CPUs and video cards, and at the same time consume much less electricity. ASIC computers are the main type of equipment for the industrial production of crypto.
So now, after the halving, BTC coin mining has become even less profitable. For beginners, mining the first cryptocurrency is unlikely to be suitable. It is more often earned by large companies that have all the necessary equipment, access to cheap rental conditions, electricity and maintenance.
Hence newbies are better off starting with mining altcoins. It is even more profitable to work in a pool, that is, together with other miners. This can help to place farms in one place and negotiate a favourable price for electricity, so you can get a small but stable income dux to the total capacity of the pool.
Therefore, it has become much more difficult for regular users who have only non-specialized equipment at their disposal to generate virtual money. However, GPU developers have significantly increased the performance of their devices in recent years, so mining on a video card is still common.
Another important event that changes the situation in the mining sphere will be the hardfork of the Ethereum network with the turn to the Proof-of-Stake algorithm. For now, Ethereum is the most popular altcoin for GPU mining, but Ethereum 2.0 will not require using such powerful equipment, so then it switches to PoS, GPU owners will have to look for alternative coins to mine.
At the moment the most popular altcoins for mining on GPUs are Ethereum (ETH), Ethereum Classic (ETC), Grin (GRIN), Zcoin (XZC), Dogecoin and Ravencoin (RVN). There are actually a lot of mining programs that automatically determine which coin is more profitable to mine at the moment.
In the coming years, the market is waiting for a race of technologies. Manufacturers are investing in finding ways to increase hashing speed and reduce power consumption. Mining pools will play an increasing role. The market will also be affected by applications for mining cryptocurrencies on smartphones that require low computing power, such as Dash or Litecoin.
And remember StealthEX supports more than 250 coins and constantly updating the list, so you can easily swap your crypto haul to more popular altcoins. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example ETH to BTC.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected].
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/07/28/mining-today/
submitted by Stealthex_io to StealthEX [link] [comments]

The Economics of "ASICs" for RandomX

Regarding RandomX and ASICs, people seem to mis-understand the interaction between hardware/software, the costs of development/manufacture of world class semiconductors, and the economics of ASIC mining.
These on-chip, bare metal processing units that RandomX requires are highly advanced, and required to make chips "smart." An "ASIC" takes simple dumb functions and iterates them on bare silicon, rather than as a software abstraction (a layer higher) on top of the underlying hardware.
There are a few things that RandomX didn't include, meaning that a fully optimized "ASIC" processor could eliminate some unused logic units to make room for the others particular to RandomX. At most, the designers of RandomX estimate a 2x improvement over current CPUs.
2x. That's almost nothing when you consider the economics of what it takes to make one of these things. As someone who spent 5 years as a process engineer in a world class semicon fab, I can tell you the design, testing, manufacture and turnaround time for advanced CPUs is enormous. Nothing like dumb SHA256 ASICs or simple memory chips. You better be gettting a huge return on investment to go to all that trouble.
2x is nothing. Bitcoin ASICs arose because there was something on the order of 1000x speed advantage over GPUs. That's the kind of economics you need to recoup the costs involved. Not to mention that you are still competing against the ever progressing AMD and Intel advancements (and probably ARM and RISC-V soon enough). Bitmain has very little competition. They have the patents and the process for new ASICs.
So no, it's unlikely, for years, that anyone will develop an economically viable "ASIC" (lol) for RandomX.
What we might see are CPU manufacturers use RandomX as a benchmark for their new units, since you will have the promise of a sort of "rebate" by mining Monero. In fact that could be an awesome marketing opportunity for Monero.
submitted by bawdyanarchist to Monero [link] [comments]

Epic Cash Vitex Exchange AMA

What is EPIC CASH?
Epic Cash is the final point in the journey toward true P2P internet cash, the cornerstone of a private financial system. The Epic currency aims to become the world’s most effective privacy-protecting form of digital money. In order to fulfill that goal, it satisfies the three principal functions of money:
1. Store of Value — can be saved, retrieved, and exchanged at a later time, and of predictable value when retrieved;
2. Medium of Exchange — anything accepted as representing a standard of value and exchangeable for goods or services;
3. Unit of Account — the unit by which the value of a thing is accounted for and compared.
Website: http://epic.tech Whitepapers: http://epic.tech/whitepaper Epic Cash Community: https://t.me/EpicCash Miner Chat: https://t.me/EpicMiners Gitlab: gitlab.com/epiccash Twitter: twitter.com/EpicCashTech Social Media: http://epic.tech/social-media Exchanges: https://epic.tech/service-list
Oleg✌🏻
Hello community! Our AMA with EPIC begins🚀 We are very happy to have you here, on our joint AMA👌 So, lets start! The very first question for you. Can you introduce yourself?
Max Freeman | Epic Cash | Mimblewimble I’m Max Freeman, which stands for “Maximum Freedom for Mankind” — we believe that the existing fiat money system enslaves people by unfairly confiscating their wealth through inflation. By using an honest money system such as Epic, we can improve the quality of life for billions of people worldwide.
Yoga Dude Hello, I am Yoga Dude 🙂 I handle Marketing and PR, in crypto since 2011 started as Bitcoin miner, and in 2014 in Monero, and in 2015 in Ethereum, oh and briefly in DOGE for fun and unexpected profit. Heard about Epic Cash while learning about the Mimblewimble algo and joined the team last year.
JLong I am John, Doing the general engineering and managerial work
Max Freeman | Epic Cash | Mimblewimble I have been involved in early stage cryptos for the past 3 years, after building a global trading business for the past 20 years.
Oleg✌🏻 nice to meet you🙂
Max Freeman | Epic Cash | Mimblewimble Epic is a decentralized community project like Bitcoin or Monero, there is no central authority or corporation involved. We had no ICO and no premine, we had a fair launch at 0 supply last September.
Yoga Dude Great to meet everyone :)
Oleg✌🏻 Here we go the 1st question for you ~ 1. What is Epic Cash about?
Yoga Dude Epic Cash is designed to fulfill Satoshi’s original vision of P2P electronic cash, adjusting for what we learned from Bitcoin, a medium of exchange that is fast, free, open to all, while being private and fungible. We launched in September 2019 as a Proof of Work mineable crypto, without an ICO or a premine.
Oleg✌🏻 Look like a real Bitcoin🙂
Yoga Dude with privacy and fungibility 😄
Oleg✌🏻 Sounds cool! move on to the next question… 2. What makes Epic Cash better than Monero or other privacy coins?
Max Freeman | Epic Cash | Mimblewimble First off, we have a lot of respect for Monero and other privacy coins, we learned a lot from what they did right and what they did wrong, Our blockchain is much lighter than Monero or Bitcoin, our transaction engine is faster than Monero or ZCash. We use a three mining algo approach to allow more users the ability to obtain Epic Cash. We are a new, highly undervalued, coin and we look great not only for future use but for today's investment. Our blockchain is 90+% smaller than Monero or Bitcoin. Coins such as Zcash have optional privacy. Epic makes all transactions private, and it is impossible to trace movements of coins by watching wallet addresses.
Oleg✌🏻 Young and hot😋 security and privacy level is very important now but… 3. Why copy the same supply economics as Bitcoin?
Yoga Dude It is hard to compete with the success of Bitcoin today, part of the elegance and the appeal of Bitcoin is the responsible emission rate, terminating at 21million highly sub dividable coins. Like the Bitcoin supply curve, Epic Cash encourages early adopters, and with subsequent halvenings maintains a gradually diminishing flow of additional currency while preserving the overall value.
Max Freeman | Epic Cash | Mimblewimble In 2028, the supply of Epic matches that of Bitcoin and they stay in sync until the final coin is mined in 2140. We have 4 halvenings between now and then, which is demonstrated in Bitcoin to drive the value over market cycles. Epic is a chance for people who were late to Bitcoin to ride the wave and not miss their opportunity this time.
Oleg✌🏻 Interesting! 4. Why Choose Epic Cash over Grin and Beam?
Max Freeman | Epic Cash | Mimblewimble First of all, we have tremendous respect for all Mimblewimble currencies and their talented teams, they all taught us a lot and we are thankful for that. Without sounding too contentious, the choice seems obvious. We offer the same core tech, but with a much more responsible emission curve — Grin is an endless fountain of emission and inflation (60 per second forever), and Beam is even more frontloaded outpacing even Grin’s aggressive emission schedule for the next several years… We respect Grin and Beam, we learned from them, and we believe we are the next evolutionary step. Additionally, as we mentioned earlier, we offer more ways to mine Epic Cash, both with GPU and CPU and ASICs, this gives us more potential users and miners, vs Grin and Beam that are only mineable with GPUs.
Yoga Dude Yes, all that ☝️😄
Oleg✌🏻 I hope the miners read it all carefully 👌 Next question 5. Why have a development fund tax and what will it be used for?
Yoga Dude Dev fund tax today is at a reasonable 7.77% dropping by 1.11% every year until it hits zero. As Epic Cash grows in value these funds will become increasingly more relevant in additional technical, marketing, and fintech partnerships developments.
Oleg✌🏻 Very smart! 6. What is the advantage of 3 mining algorithms?
Max Freeman | Epic Cash | Mimblewimble By having multiple mining algorithms we are able to attract CPU, GPU, and ASIC miners simultaneously. Currently all other Mimblewimble currencies are mineable with GPU only ignoring a large segment of CPU miners. Monero made a splash migrating to the RandomX CPU mining algo. Epic Cash from the beginning embraces all mining communities. Many miners are successfully using older hardware such as Xeon processors to help secure the network. We use RandomX for CPU, ProgPow for GPU, and Cuckoo for ASIC.
Longer term, our flexible architecture means we can have many algorithms, not just 3. Our roadmap includes an allocation for SHA3 Keccak, which will help further decentralize the network and keep it unstoppable.
Yoga Dude We love miners 🙂 and Epic Cash can be mined with laptops and gaming rigs 🙂
Oleg✌🏻 A wide selection of mining methods is a great way to create a stable, decentralized and large network👌 Let’s talk about persons… 7. Who are the people developing Epic Cash?
Yoga Dude We are blessed with a very talented team of skilled developers with diverse backgrounds, many of them are volunteers who believe in what Epic Cash stands for and contribute with product and usability innovation. Our teams main focus is to make Epic Cash the best, most secure, most user friendly and usable product on the market, without making it unnecessarily techie, with as much mainstream user appeal as possible. This is a serious challenge but we are up for it 😄
Max Freeman | Epic Cash | Mimblewimble It is also important to note that we are a truly open ecosystem that anyone can participate in. Our community has developed wallets, mining pools, educational content, and much else besides. We are not limited by the funding generated during an ICO or VC investment, our users are an essential element of our team.
Oleg✌🏻 Sounds very attractive. 8. What do you think is currently lack in today’s crypto?
Max Freeman | Epic Cash | Mimblewimble We believe there is not enough privacy, anonymity and fungibility, although there is a growing awareness in the community as to why these are necessary. People are waking up to the fact that privacy is a right for everyone but today it is being exploited and violated by corporations, governments and unscrupulous individuals. Privacy does not mean that you have something to hide. We have doors on our houses, curtains on our windows, we wear clothes, and we have security on our bank accounts and businesses, not because we are criminals.
Fungibility (the property of not being able to distinguish one unit of currency from another) also has become a hot issue as people have started to get in trouble because of someone else’s misdeeds. Tainted money (coins that are blacklisted or restricted) is a problem for Bitcoin and Ethereum, the top two cryptos today. Mimblewimble eliminates the risk of tainted coins making them indistinguishable from each other. With traceable coins, you always have to worry if the coins you are getting were involved in a hack, or perhaps the darknet.
Oleg✌🏻 It’s good to see strong and safe coin in our time Let’s talk about your future… 9. What does the Epic Cash roadmap look like going forward?
Yoga Dude First and foremost, we are focused on security and usability.
We are working on a new, improved GUI wallet to incorporate the community feedback on ways to improve it.
We are in the process of completing final testing phases for the next iteration of Epic Cash which will make it more secure and stable. Once that is done, we will be rolling out Android and iOS support to make Epic Cash usable on leading smartphones and smartwatches. Beyond that without going into too much detail we are focused on continuous evolution of privacy, ease of mining, and overall speed and usability.
And of course we are constantly looking to add more exchanges both with and without KYC.
Oleg✌🏻 Are you working on Android and IOS wallet ? What will your application be?
Max Freeman | Epic Cash | Mimblewimble Yes, we will release a mobile wallet this year. It will bring us one step closer to people being able to actually use cryptocurrency as money in daily life.
Yoga Dude The idea is to be able to access Epic Cash from any platform and device
Max Freeman | Epic Cash | Mimblewimble Epic is very lightweight, which means that low-end devices such as smartwatches can participate.
Oleg✌🏻 Ok, got it. Thanks for clarification! 10. What else can you tell us about Epic Cash?
Max Freeman | Epic Cash | Mimblewimble Well one thing I really want to mention is our great Epic Cash community. We’ve been building a decentralized community organically, without the talk of price pumps, pressure to HODL and other BS crypto-gimmicks. Our community is truly global and consists of developers, volunteers, miners, and other Epic enthusiasts spreading the word about Epic Cash, helping us reach millions of people around the world to improve their quality of life through social media and directly. Everyone is an evangelist, everyone is an influencer, everyone has the power to make the world a better place to live in. As we continue to grow — the future looks Epic 😊
Yoga Dude Definitely the community! We got a talented crowd of very cool and motivated people from all over the world!
Oleg✌🏻 Thank you guys, for such informative answers 🙂 Now we proceed to Section 3, where a Community can ask their questions to the EPIC team Now I’ll open chat for the quite some time … Oleg✌🏻 Thank you all, dear community! EPIC team, please choose the 10 best questions you want to answer.
AngeI Everyone likes Privacy & Epic Cash provides their Best Privacy to users But, Which Technologies are being used by Epic Cash to make Blockchain very Private and Completely untrackable ?
Max Freeman | Epic Cash | Mimblewimble From the wallet to the node, Epic uses Dandelion++ to bounce transactions around the world before they go into the mempool for mining. Within the blockchain itself, Cut-Through merges all transactions in a block together, with CoinJoin automatically mixing all coins.
Beyond that, there are no addresses, so it’s impossible to watch someone’s wallet.
Arnold Even litecoin is implementing mimblewimble, Don’t you think it’s a significant threat for Epic if they implement it, then why would anyone use a less popular and a new cryptocurrency.
Max Freeman | Epic Cash | Mimblewimble LTC is implementing mw as an “extension block”, meaning that it is optional and not all transactions will use it. This is very different than the core protocol leveraging mw to make all transactions private and all coins fungible.
Aluta Why Epic cash so much focus on fungibility? Does fungibility matters that much?
Max Freeman | Epic Cash | Mimblewimble Fungibility is going to be one of the key issues within the cryptocurrency space in the coming years. Today, if you accept traceable coins from a seller, you are liable if they have ever been used in any illegal activity. This has led to a two tier market where freshly minted coins sell for more than circulated coins. When coins are fungible, like Epic, you don’t have to worry that you will run into a problem when an exchange or merchant blocks your transaction.
Joxes It is a pleasure.
When I first researched EpicCash, google showed me a youtube video that talked about how to mine with EpicCash. It made me ask: is this mining activity profitable so far?
We are in the early stages of development I guess, what adoption strategies are you taking to have sustained growth? is it feasible to reach N ° 500 rank in coinmarketcap in the medium term?
Yoga Dude When I got into crypto, it was by mining Bitcoin back in 2011 when you could still solve blocks on a single computer, but Bitcoin at the time was anything but profitable 😄 Today Epic Cash is still new, still young, and still undervalued. I believe it is mining-worthy because of its potential, not because of today’s price. By allowing Epic Cash to be mined with GPU and CPU on gaming rigs, servers, and even laptops we offer maximum public participation in our project. More people involved in the project, the more evangelists there are. We empower people to mine Epic Cash and to promote it.
S.P.A.D.E What new features of Epic Cash provide that Grin or Beam does not offer. Why do we need Epic Cash?
Max Freeman | Epic Cash | Mimblewimble They are great coins, but there are some ways in which Epic improves. Epic has better tokenomics than Grin and a more sustainable model than Beam, that has a company behind it that needs to repay investors via its high dev tax. this article explains in more detail https://medium.com/@frodofreeman/overview-of-mimblewimble-cryptocurrencies-7c70be146f50
Sahil What’s the Minimum Hardware / setup Required for Mining of EPIC Cash coins? Is Mining Profitable and Can we Mine EPIC Cash coins at Home?
Max Freeman | Epic Cash | Mimblewimble It is possible to mine on an ordinary laptop or desktop from the last 5 years, sometimes older. Epic is open to everyone, and our friendly community is standing by to help you get started at t.me/epicminers
Erven James Sato “TOKEN BURN” is BENEFECIAL for any projects, in able to CONTROL THE NUMBER OF TOKEN CIRCULATION and TO PROVIDE GREATER INCENTIVES TO INVESTORS.
Does your GREAT PROJECT have plan about TOKEN BURN?
Xenolink For deflating projects It is beneficial to drive the demand / scarcity / and price up in a faster pace. Epic Cash is here for the organic long run not the short run. However when it comes to long term economics elastic supplies whether inflating or deflating will not be a solid long term economic model. This has been heavily discussed already with Bitcoins inelastic Fixed 21 million supply in the past. Having a fixed model demonstrates good long term economics without worrying about balancing a deflating/inflating model. Bitcoin is a perfect example of a 21 million inelastic fixed supply model that has been proving itself till today. Which is why we are also using the same fixed 21 million supply model. Epic Cash plans to have a solid organic long term future to bring free private fungible money and make this world a better place.
Red Z🔥🤙 No one predicted the COVID-19 pandemic while developing their business model. But the crisis and recession of the global economy is our present with you and it affects all sectors, including blockchain. Will you make or have already made changes to the project roadmap, tokenomics? Do you have a plan in case the situation does not improve in the coming months and will affect the crypto industry even more?
Yoga Dude One thing we have seen as the result of the COVID-19 is more governments are talking about moving to digital cash — digital dollar in USA, digital Lira in Turkey, etc… If in the past the idea of digital money was not graspable by some people, today its the governments that are educating the people for us about the value of digital currency… What is ironic, the governments, by printing money to solve the economic consequences of COVID-19 also educating the consumer about the true “value” of fiat… What we offer is a touch free, borderless, private, anonymous, fungible currency that can not be printed beyond the initial defined algo. We are more responsible than the printing presses of the governments 🤔
kunlefighter How does the Dandelion++ Protocol, Confidential Transactions (CT) and CoinJoin assist in protecting the privacy of individuals and their transactions on Epic Cash Blockchain?
Max Freeman | Epic Cash | Mimblewimble Dandelion++ bounces transactions around before committing them to the blockchain, making it impossible to determine where they originated from. Confidential Transactions means that all tx are private, you can’t tell anything about where the coins have been or who they belonged to. CoinJoin in essence melts down and re-mints each coin every time it is used, making it impossible to track their ownership or usage history. Epic provides comprehensive privacy to everyone, without the compromises that other pre-mimblewimble coins have.
Dr Mönica Hello sir @maxfreeman4 @Johnsstec @Yogadude
Thanks for the ama I notice that Epic Cash has 2 type of new algorithm, progPoW version 0.15.0 and randomX version 1.0.3 NOW , CAN you tell me why you choose these 2 algorithm???
Yoga Dude We went with RandomX because it is a solid and very popular CPU centric algo used by several coins — most recently Monero. Most miners today heavily favor ASICs or GPUs, leaving a lot of solid high end users in the dust unable to mine emerging cryptos. As far as ProgPow, again its an established algo for GPU miners, and thanks to many cryptos starting with Bitcoin/Monero/Ethe etc there is no shortage of GPU rigs out there :) plus again the casual user with a video gaming caliber card can get in on the action.
Oleg✌🏻 Perfect! It was a great AMA, but it is coming to an end, thanks to everyone who was with us. Thanks EPIC team for taking the time👏. I hope our projects will be able to collaborate even more closely in the future and achieve new successes. Cheers!🎉
submitted by EpicCashFrodo to epiccash [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to ethdev [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to CryptoCurrencies [link] [comments]

Ukraine Diverts Free Nuclear Plant Power For Transaction Processing Operations

Ukraine Diverts Free Nuclear Plant Power For Transaction Processing Operations

Ukraine’s Nuclear Power Plants Are Storing Electricity Surplus Due To The Lower Amounts Of Power Consumption
As the crypto world prepares for the third Bitcoin halving, the Ukrainian Ministry of Energy and Environment (MEE) proposed the excess electrical power generated from the power plants to be relocated into processing transactions.
Currently, Ukraine has dropped its power consumption drastically, as many businesses are shutting down operations due to the COVID-19 virus outbreak. The MEE suggested transaction processing as a “perfect tool for using leftover electricity, as well as economic and social development.”
“Having such excess means we can direct it to various sectors like cryptocurrencies. This way, we would keep the minimal loads on the nuclear power plants, as well as grant the chance of crypto-oriented businesses to receive fresh funds from transaction processing. Also, by directing the power into transaction processing, we are creating an entirely new approach to the world of cryptocurrencies and digital economies,” the Ministry stated.
The problem with excess electricity occurs because Ukrainian nuclear power plants have to produce a guaranteed minimum of electricity each month. However, due to widespread energy-consuming businesses shutdowns, the quantity of electric power remains unused. The current power cost per Kilowatt of electricity in Ukraine is around $75/MWh.
The news comes amid more countries opening their doors to digital currency transaction processing companies. Recently, the Iranian government gave the “thumbs up” and licensed Turkish transaction processing company iMiner. The license means iMiner would become the largest crypto transaction processor in Iran. iMiner’s license also covers trading and custodial services. The Turkish payment processor is going to facilitate a $7,3 million investment into the mining farm. The farm itself is expected to be able to work with a maximum load of 96,000 terra hash per second (TH/s). Over 6,000 machines would do the computing power. In 2019 alone, the Iranian government gave over 1,000 licenses to both individuals and companies, which process transactions with a reported 148,000 ASIC-based mining rigs.
Furthermore, governments, which are usually harder to adopt new technologies, seem to find the benefits of granting transaction processors to works, are now focusing on creating the foundations of their digital economies. Iran, for example, needs a digital economy if a new war conflict with the U.S. arises. Ukraine also sees its geopolitical dependence from Russia and seeks alternative funding routes.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to Crypto_com [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to Cryptocurrency_Daily [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to CryptocurrencyICO [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to ethtrader [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to CryptoCurrencyTrading [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to binance [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to CoinBase [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to CryptoMarkets [link] [comments]

CRYPTO WEEKLY NEWS — May, 15

What important crypto events happened last week?
📌 Pavel Durov has stopped working on the Telegram Open Network blockchain platform. He emphasized that he was unlikely to support alternative networks based on TON. Durov wrote that TON has been developed for two and a half years. It was supposed to surpass Bitcoin and Ethereum in speed and scale while maintaining the principles of decentralization. The integration of TON with Telegram could have revolutionized money transfers and information exchange.
📌 However, TON developers, large PoS validators, and the community have launched the core Free TON network with the native TON Crystal token (TON). Among the launch participants are TON Labs, P2P.org, Kuna, Everstake, Chorus, Bitscale Capital, and others. The corresponding declaration was signed by more than 170 companies and individuals.
📌 On May 14, the price of Bitcoin overcame the psychologically important mark of $9,500. At the time of writing, Bitcoin holds the level of $ 9,600, but during the course of trading, it was approaching $10,000.
📌 The developers of processors for ASIC-miners ran into the top bar of equipment optimization. This was reported by Alexei Petrov, CIO of Bitfury. According to him, a further increase in the density of transistors does not give such an increase in productivity, while the cost of production increases significantly.
📌 The People's Bank of China, the China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau submitted their opinions on how to finance the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, with an emphasis on global trade and finance.
📌 The $50 million Ethereum coins stolen from the cryptocurrency exchange UpBit again began to move: the hackers sent 802 ETN to the little-known BYEX exchange.
📌 Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. Earlier, Buterin admitted that he had sinned more than once with erroneous forecasts regarding the timing of Ethereum development.
📌 Visa has filed a patent application secured by fiat and created on "centralized computers" digital currency, which can form the basis of a potential new technology used by central banks.
That’s all for now!
Keep up with the news of the crypto world at CoinJoy.io
Follow us on Twitter and Medium.
Subscribe to our YouTube channel.
Join our Telegram channel.
For any inquiries mail us at [[email protected]](mailto:[email protected]).
submitted by CoinjoyAssistant to Crypto_General [link] [comments]

Crypto Mining Farm at Apartment  January 2020 Update ... Bitcoin ASIC MINER (Antiminer) Built in Home, DIY Project Assembling Avalon asic chips manually Bitcoin Earning Methods and ASIC MIning Farm (URDU PAKISTAN) Bitcoin mining on an Android phone (CPU and Butterfly Labs Single)

Furthermore, Bitcoin ASIC technology keeps getting faster, more efficient and more productive so it keeps pushing the limits of what makes the best Bitcoin mining hardware. Some models of Bitcoin miners include Antminer S5, Antminer U3, ASICMiner BE Tube, ASICMiner BE Prisma, Avalon 2, Avalon 3, BTC Garden AM-V1 616 GH/s, VMC PLATINUM 6 MODULE, and USB miners . Um Bitcoin Mining zu betreiben, müssen Sie einem Miningpool beitreten, was zusätzliche Kosten verursacht. Für das Mining benötigen Sie entsprechende Hardware. Auch hier kommen Kosten auf Sie zu. Je nachdem, wie leistungsfähig Ihr Bitcoin Miner sein soll, zahlen Sie bis zu 2.000 Euro. Es ist nicht bekannt, ob sich Mining auch in Zukunft noch lohnen wird. Wenn Sie nicht genau wissen, was ... ASIC-Anbieter. Bitmain gehört seit vielen Jahren zu den führenden Anbietern von ASIC-Chips. Der chinesische Exporteur bietet gleich mehrere Bitcoin Miner zum Kaufen an. Bitmain verbaut seine MiningHardware mit leistungsstarken Ventilatoren. Sie sind bekannt dafür, durchweg gute Hash-Rates zu liefern. Das neueste Modell stellt der Antminer T9 dar, eine Weiterentwicklung des bereits sehr gut For the first time, mining was launched precisely on the central processor by the creator of bitcoin Satoshi Nakamoto. It was with the help of the CPU that Satoshi mined his 1 million BTC. At the dawn of the cryptocurrency era, when bitcoin cost a few cents, mining even on a very average CPU was very efficient, the only thing is that the price of a few cents bitcoin then compensated for this ... Think of a Bitcoin ASIC as specialized Bitcoin mining computers, Bitcoin mining machines, or “bitcoin generators”. Nowadays all serious Bitcoin mining is performed on dedicated Bitcoin mining hardware ASICs, usually in thermally-regulated data-centers with low-cost electricity. Don’t Get Confused . There is Bitcoin mining hardware, which mines bitcoins. There are also Bitcoin hardware ...

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Crypto Mining Farm at Apartment January 2020 Update ...

Buy This Efficient GPU For Ethhash/Other Algo Mining? - https://geni.us/0ipHLZM Enter In The GPU Giveaway! - https://www.youtube.com/watch?v=q8FY8GUmXc8 Linz... Bitcoin ASIC MINER (Antiminer) Built in Home, DIY Project. When you want to built your won Bitcoin ASIC Miner, Then you need below Hardware. All hardware you can get in Alibaba.com But some ... USB ASIC miner unboxing and testing - Duration: 6:04. This is Nick 331,146 views. 6:04 . Top Five Useful Knots for camping, survival, hiking, and more - Duration: 10:47. Nature Reliance ... T4D #84 - Pt 2 Bitcoin Mining, BFL ASIC vs FPGA vs GPU vs CPU - Duration: 28:50. mjlorton 63,586 views. 28:50. Bitcoin 2013 conference - Yifu Guo - Avalon ASIC - Duration: 25:17. ... Canaan is one of the top Bitcoin miner manufacturers, in the world! Canaan and their AvalonMiner's are very popular and profitable for Bitcoin mining farms h...

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