5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)

Bitcoin Green

Bitcoin Green: The Sustainable, Proof-of-Stake Bitcoin
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The All-in-One, Cheap, Energy-efficient Package to Store and Mint Peercoin

Dedicated OS for low-grade and energy efficient HW like RaspberryPi or Beaglebone Black to run Peercoin minter so that decentralization is guaranteed
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☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin submitted by fidipid42 to Meter_io [link] [comments]

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining submitted by xiaohanzhu to bitcoinxt [link] [comments]

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining submitted by xiaohanzhu to Cryptocurrency_Daily [link] [comments]

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining submitted by xiaohanzhu to u/xiaohanzhu [link] [comments]

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining submitted by xiaohanzhu to defi [link] [comments]

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining

☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin http://docs.meter.io/#/mining submitted by xiaohanzhu to CryptoCurrencyTrading [link] [comments]

Anyone use bitcoin mining hardware instead of gpu mining?

https://www.bitcoinmining.com/bitcoin-mining-hardware/
Is this real? Seems too good to be true
submitted by Pikofdestinyy to gpumining [link] [comments]

Bitcoin mentioned around Reddit: Anyone use bitcoin mining hardware instead of gpu mining? /r/gpumining

Bitcoin mentioned around Reddit: Anyone use bitcoin mining hardware instead of gpu mining? /gpumining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

what esles to use bitcoin mining hardware for

for some time now I have been wanting to get into bitcoin litecoin mining but puting down 200 usd on a rig that might be obsolete in a few months or pointless to run makes me stay away form it. but the computer is powerful and I would be nice thing to have around
So what else could i use the rig for if i get a S1 or a Zeusminer, like could i use it for encryption cracking or trying to beet the pie record for most number calculated?
submitted by JasonEnder to BitcoinMining [link] [comments]

"Bitcoin is mined using a single manufacturer's hardware, traded using a single stable coin, maintained by a single dev team. Its only smidgeon of decentralisation is Twitter, where an army of assclown bagholders never manages to get its message straight &ends up abusing everyone."

submitted by Egon_1 to btc [link] [comments]

Crypto mining is another path to earning bitcoin online. But whats crypto mining? Miners are the back-bone of the blockchain. Using specialized hardware

Crypto mining is another path to earning bitcoin online. But whats crypto mining? Miners are the back-bone of the blockchain. Using specialized hardware submitted by fortnite4technics to u/fortnite4technics [link] [comments]

03-15 19:15 - 'Any of you who has old mining hardware laying around, please use the compute power for COVID-19.' (foldingathome.org) by /u/Inventi removed from /r/Bitcoin within 11-21min

Any of you who has old mining hardware laying around, please use the compute power for COVID-19.
Go1dfish undelete link
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Author: Inventi
submitted by removalbot to removalbot [link] [comments]

Test our mining algorithm

Test our mining algorithm
☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin
http://docs.meter.io/#/mining
https://preview.redd.it/nw55int843q31.jpg?width=960&format=pjpg&auto=webp&s=9d62f4a6596a19ccc9333dc4fe2a5e248dbb643a
submitted by xiaohanzhu to Cryptocurrency_Daily [link] [comments]

Test our mining algorithm

Test our mining algorithm
☁️Test our mining algorithm and give us your feedback about the experience. Meter uses SHA256 and miners could directly use bitcoin mining hardware to mine the Meter (MTR) coin
http://docs.meter.io/#/mining
https://preview.redd.it/1nea6tr693q31.jpg?width=960&format=pjpg&auto=webp&s=bdb55a4a9709839892919a8c38f257c703242a38
submitted by xiaohanzhu to CryptoCurrencyTrading [link] [comments]

[Bitcoin] If the equations you have to solve get harder as your hardware gets more powerful, would it makes sense to use an immensely /underpowered/ machine to mine for BTC?

submitted by Doobliheim to NoStupidQuestions [link] [comments]

Why can't bitcoin ASIC miners be used for LTC mining if it's just an algo change on hardware?

What am I getting wrong here. From what I've found it seems like these miners and chips are the same and it's just the mining software that's different.
How else could BItmain go from 80/90mh to 500mH on an asic miner in such a small amount of time. Other than adding 200 more asic chips.
What am I missing?
submitted by bigslimvdub to BitcoinMining [link] [comments]

Is Cloud Mining More Profitable than Bitcoin Mining Hardware?

Getting started with bitcoin mining can be a difficult process for many. For example, you must consider things like the specific algorithm used by the Proof-of-Work cryptocurrency you want to mine. Additionally, bitcoin mining hardware can cost thousands or even tens of thousands of dollars. With all of these challenges it might be a good idea to look at alternative ways to gain cryptocurrency profits, but is cloud mining a legit, more profitable option in the long-run? In this article, we’ll compare these two possible options so you can make a more informed decision.
Costs of Bitcoin Mining Hardware
As discussed in this post, bitcoin mining hardware generally requires a substantial upfront financial commitment on the part of miners. First, it’s important to consider how much mining rigs cost. This not only depends on the cryptocurrency which you are aiming to mine but also how expansive and powerful your mining operation needs to be.
First, let’s consider hardware costs. If you want to mine BTC, for example, you’ll most likely need an ASIC mining rig. These are typically much more expensive compared to GPU and CPU mining rigs. Despite their potential to mine at much faster hash rates, ASIC mining rigs often face scrutiny for the fact that they cannot be repurposed. This means that, if a cryptocurrency project makes changes to their hash algorithms, ASIC miners will have to buy new gear. This can lead to some significant costs that can easily negate revenues and even lead to net investment losses.
In contrast, GPU and CPU mining gear can generally be repurposed if algorithm changes occur. In addition, these rigs are usually much less than their ASIC counterparts. Additionally, more projects are continuing to trend towards ASIC-resistance rather than ASIC-acceptance. For most miners, this means an overall reduction in both upfront and ongoing costs.
While having one mining rig might be a good first step to see if you can indeed become profitable, many people start out with more rigs to have a multiplier effect. However, even with rising prices, starting with multiple rigs should be done cautiously as each additional rig will likely add to the number of months it takes to make back your initial investment.
Of course, other factors like electric bill costs have to be considered. These vary by geographic area, making it difficult to put a precise amount on how much money is needed for keeping hardware rigs operations.
Costs of IT Cloud Mining
In comparison to hardware mining, costs for IT cloud mining are much simpler to calculate. Most companies run on a monthly subscription model that is determined by the cryptocurrency you want to mine and the hash rate speeds as seen on popular sites like Genesis Mining and HashFlare.
Prices for 2-year contracts of ETH mining with Genesis Mining currently vary from $1,520 at 40 MH/s to $12,960 at 360 MH/s.
HashFlare offers 1-year contracts of ETH mining for $1.80 per 100 KH/s.
Make sure to read reviews and check out projected ROI on any cloud mining service. The fact is that there are many services with extremely low profitability and even some which are known scams. Luckily, there are a few guides available on the best ways to identify potential cloud mining scams.
Hardware Mining ROI
Even though there is no way to say for certain how long it will take to break even on investments in hardware mining equipment or cloud mining, it’s still crucial to do research on estimated time frames. According to most miners, it’s difficult to expect to become profitable within 3 to 6 months. 10-15 months is realistic for many, though. A lot depends on crypto prices, electric costs, and the type of mining rig you use. Nicehash provides a good calculator for determining this.
IT Cloud Mining ROI
Based on information from Reddit forums, reviews, and ROI calculators, it is clear to see that cloud mining isn’t all that popular or profitable. For example, as of May 30, 2018, HashFlare Scrypt and SHA-256 currently take 3,828 and 3,983 days (or a little over 10 years) to reach ROI on BTC respectively according to this calculator from Coinstaker. Genesis Mining for ETH has an even worse ROI, taking around 25,992 days (70+ years). In both cases, it’s difficult to justify cloud mining over hardware mining.
The problem with keeping a subscription for cloud mining is that it can be difficult to keep paying monthly even in bear markets. These stats could certainly improve if we see a massive bull run as seen in December 2017; however, it can be pretty difficult to predict when a bull market will begin and end.
Compare this to using bitcoin mining hardware, and the choice is a bit more obvious. That’s because, even if the market is bear, most costs are upfront and not recurring. Sure, there are costs like electric bills to consider with hardware mining, but there are several locations throughout the world where energy consumption is very cheap and hardware mining is legal, making it a clearly more profitable option than cloud mining even in bear markets.
Conclusion
Despite the high upfront costs, the consensus is that bitcoin mining hardware remains much more profitable than cloud mining. Possibly the biggest benefit of cloud mining is its overall ease-of-use since it requires no difficult hardware installation and avoids potentially unpredictable electric costs. However, most in the cryptocurrency community would agree that if you can’t start a hardware mining operation, it’s probably best to make profits through trading rather than going the cloud mining route.
submitted by SwitchKanun to hashflareinfo [link] [comments]

Why can't bitcoin ASIC miners be used for LTC mining if it's just an algo change on hardware? /r/BitcoinMining

Why can't bitcoin ASIC miners be used for LTC mining if it's just an algo change on hardware? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What if UASF could be used for subversion, instead of running mining hardware ? /r/Bitcoin

What if UASF could be used for subversion, instead of running mining hardware ? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

04-14 22:33 - 'Bit-earnings INVESTMENT COMPANY: While skilled developers have proven that it is possible to mine cryptocurrency using ultra-old hardware, this shouldn’t be considered a good mining strategy. However, if you are a technic...' by /u/Arianna_Danzel removed from /r/Bitcoin within 5-15min

'''
Bit-earnings INVESTMENT COMPANY: While skilled developers have proven that it is possible to mine cryptocurrency using ultra-old hardware, this shouldn’t be considered a good mining strategy. However, if you are a technical wizard who enjoys challenging projects and retro electronics, this can be a cool hobby to start. If you’re only focused on mining as a business, you should consider newer rigs first.
Regardless of whether you decide to pick up mining as a hobby or not, the results of Shirriff’s work are fascinating, to say the least. From his efforts, we can see that Moore’s Law is actually an understatement on the ability of computers chips to improve over time.
What’s the difference in computing power between retrofitted rigs and new mining gear? Although blockchain expert solutions see that it might be possible to improve on the mining capabilities of his own retrofitted mining rigs, there is no denying that there is a tremendously large gap in performance compared to newer rigs. For instance, Xerox Alto only reaches 1.5 hashes per second. Meanwhile, ASIC mining rigs can reach trillions of hashes per second, making them the clear front-runner for BTC mining. Bitcryptoearnings investment has been mining with ASIC miner. Invest with bit-earnings and get put a stop to financial problems. [link]1
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Author: Arianna_Danzel
1: bitc*ypto**rni*gs*com
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submitted by removalbot to removalbot [link] [comments]

04-14 22:23 - 'Bit-earnings INVESTMENT COMPANY: While skilled developers have proven that it is possible to mine cryptocurrency using ultra-old hardware, this shouldn’t be considered a good mining strategy. However, if you are a technic...' by /u/Arianna_Danzel removed from /r/Bitcoin within 6-16min

'''
Bit-earnings INVESTMENT COMPANY: While skilled developers have proven that it is possible to mine cryptocurrency using ultra-old hardware, this shouldn’t be considered a good mining strategy. However, if you are a technical wizard who enjoys challenging projects and retro electronics, this can be a cool hobby to start. If you’re only focused on mining as a business, you should consider newer rigs first.
Regardless of whether you decide to pick up mining as a hobby or not, the results of Shirriff’s work are fascinating, to say the least. From his efforts, we can see that Moore’s Law is actually an understatement on the ability of computers chips to improve over time.
What’s the difference in computing power between retrofitted rigs and new mining gear? Although blockchain expert solutions see that it might be possible to improve on the mining capabilities of his own retrofitted mining rigs, there is no denying that there is a tremendously large gap in performance compared to newer rigs. For instance, Xerox Alto only reaches 1.5 hashes per second. Meanwhile, ASIC mining rigs can reach trillions of hashes per second, making them the clear front-runner for BTC mining. Bitcryptoearnings investment has been mining with ASIC miner. Invest with bit-earnings and get put a stop to financial problems. [link]1
'''
Context Link
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unreddit undelete link
Author: Arianna_Danzel
1: bit*ryp*oearn*ngs.*o*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Ignoring noise and hardware cost and everything like that, is there any reason for people using electric heating not to mine bitcoin?

Ignoring noise and hardware cost and everything like that, is there any reason for people using electric heating not to mine bitcoin?
All the energy is eventually converted into heat, right?
submitted by benjaminikuta to Bitcoin [link] [comments]

USED Crypto Mining Hardware PRICES Going UP? Fast Mining Bitcoins on Phone and Windows Bitcoin Mining ... Mine Bitcoins WITHOUT Hardware! Use The Cloud!!! Bitcoin Miner V3.0 (MicroCryptoSoft) Which Hardware Can be Used For BitCoin Mining Hindi/Urdu

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USED Crypto Mining Hardware PRICES Going UP?

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