HOW TO BITCOIN MINE USING FAST ASIC MINING HARDWARE

in #bitcoin7 years ago

Source: Barnacules Nerdgasm

Breaking News !


The secret lives of students who mine cryptocurrency in their dorm rooms - Quartz

Quartz: To profitably mine bitcoin today, you need an application-specific integrated circuit, or ASIC—specialized hardware designed for bitcoin-mining efficiency. An ASIC can have 100,000 times more computational power than a standard desktop computer ...

Best ASIC devices for Bitcoin mining in 2018 - TechRadar

TechRadar: While these numbers are helpful, we encourage you to use a profitability calculator such as the one available from Coinwarz before ordering to estimate your return in BTC. Remember that ... also need to pay electricity costs and mining pool fees, as ...

China's Crackdown on Crypto-Mining Threatens Bitcoin's Future - Gizmodo

Gizmodo: Always-on hardware performing intensive computations has steered the trend in mining over ... nine years away from individuals with dedicated laptops and towards syndicates using specialized hardware (called ASICs) in countries with cheap ...and more ...

Thinking About Investing in Bitcoin? Take a Look at How It's Ruining the Planet in Real Time. - Mother Jones

Mother Jones: You know what bitcoinis, right? I mean, no, but quickly, ... a “cryptocurrency” ... basically secret computer money. One bitcoin, which ... actually have a real, physical form, is worth at this moment upward of $16,000. But to get one, you ...and more ...

Cryptocurrency Mining Returns to the Public With ASIC-Resistant Technology - Insider Financial

Insider Financial: The cryptocurrency market continues to be supported by people who are seeking a fundamentally different financial system. Many who are drawn to digital currencies lament a broken modern economy that places monetary activity squarely in the hands of ...

Chip Manufacturers Set To Grow On The Back Of Crypto Mining - BTCMANAGER

BTCMANAGER: Since the first ASIC came to light circa 2013, the firm has pushed the technical abilities of this arena and is now ranked highly as a global contributor – not just by sheer volume supply, but also by the sophistication of its chip technology. Of ...and more ...

Meet Ukrainians who make money off cryptocurrencies - Kyiv Post

Kyiv Post: Indeed, over the last year the value of Bitcoin has grown exponentially, from $800 to $13,000. Aleksandr Bortnikov, the head of the design agency Rhombus, earns about $60 per day from mining cryptocurrency, but he pays a percentage to the company that ...

Introduction to Mining Cryptocurrencies: What You Need to Know - CryptoSlate

CryptoSlate: ASICs are pretty expensive and most people with an average salary ... afford to spend $2,000-$6,000 on expensive ASIC mining hardware. Regular (and affordable) GPUs that used to mine Bitcoin ... powerful enough anymore and have become obsolete ...and more ...

Bitmain Unveils the Antminer A3 ASIC Miner for Siacoin - The Merkle

The Merkle: In the world of cryptocurrency mining, ASIC hardware is in high demand. Although many people would associate this type of hardware with Bitcoin or Litecoin mining, there are devices suited for other currencies as well. More specifically, Bitmain has ...and more ...

What Is Bitcoin? Everything You Need to Know - Tom's Guide

Tom's Guide: Each mining ASIC is measured by its power efficiency and price per computation. Mining ASICs can cost anywhere between $400 to a few thousand dollars per unit. Higher-end models will generate bitcoins more rapidly. Energy usage has become a major issue ...and more ...


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