![]() At the same time, there are plenty of, too. Are not a good choice for beginning miners who work on a small scale. The current up-front investment and maintenance costs, not to mention the sheer mathematical difficulty of the process, just doesn't make it profitable for consumer-level hardware. Ztex USB-fpga Module.15x 215. Bitcoin mining hardware comparison for 2016. 5 as per CoinWarzs calculator and points 3 and. The larger the pool, the more regular returns can be expected. Bitcoin, mining, gPU, performance, comparison @ HardOCP. Here you will find an introduction video about Bitcoins. Bitcoin mining. Now, Bitcoin mining is reserved for large-scale operations only., Dogecoins, and, on the other hand, are three Scrypt-based cryptocurrencies that are the best cost-benefit for beginners. At the current value of Litecoin, a person might earn anywhere from 50 cents to 10 dollars per day using consumer level mining hardware. Dogecoins and Feathercoins would yield slightly less profit with the same mining but are becoming more popular daily., too, can also be a reasonably decent return on your investment of time and energy. Understanding the is probably where you need to begin; this article focuses on mining scrypt coins. Also, be sure you are in a country. Is It Worth It to Mine Cryptocoins? As a hobby venture, yes, cryptocoin mining can generate a small income of perhaps a dollar or two per day. In particular, the digital currencies mentioned above are very accessible for regular people to mine, and a person can recoup $1000 in hardware costs in about 18-24 months. As a second income, no, cryptocoin mining is not a reliable way to make substantial money for most people. The profit from mining cryptocoins only becomes significant when someone is willing to invest $3000-$5000 in up-front hardware costs, at which time you could potentially earn $50 per day or more. Set Reasonable Expectations If your objective is to earn substantial money as a second income, then you are better off purchasing cryptocoins with cash instead of mining them, and then tucking them away in the hopes that they will jump in value like gold or silver bullion. If your objective is to make a few digital bucks and, then you just might have a slow way to do that with mining. Smart miners need to keep electricity costs to under $0.11 per kilowatt-hour; mining with 4 GPU video cards can net you around $8.00 to $10.00 per day (depending upon the cryptocurrency you choose), or around $250-$300 per month. The two catches are 1) the up-front investment in purchasing 4 ASIC processors or 4 AMD Radeon graphic processing units, and 2) the market value of cryptocoins. Now, there is a small chance that your chosen digital currency will jump in value alongside Bitcoin at some point. Then, possibly, you could find yourself sitting on thousands of dollars in cryptocoins. The emphasis here is on 'small chance', with small meaning 'slightly better than winning the lottery'. If you do decide to try cryptocoin mining, definitely do so as a hobby with a very small income return. Think of it as 'gathering gold dust' instead of collecting actual gold nuggets. And always, always, do your research to. How Cryptocoin Mining Works Let's focus on mining 'scrypt' coins, namely Litecoins, Dogecoins, or Feathercoins. The whole focus of mining is to accomplish three things: • Provide bookkeeping services to the coin network. Mining is essentially 24/7 computer accounting called 'verifying transactions'. • Get paid a small reward for your accounting services by receiving fractions of coins every couple of days. • Keep your personal costs down, including electricity and hardware. The Laundry List: What You Will Need to Mine Cryptocoins You will need ten things to mine Litecoins, Dogecoins, and/or Feathercoins. • A free private database called a coin wallet. This is a password-protected container that stores your earnings and keeps a network-wide ledger of transactions. • A free mining software package,, typically made up of cgminer and stratum. • A membership in an, which is a community of miners who combine their computers to increase profitability and income stability. • Membership at an, where you can exchange your virtual coins for conventional cash, and vice versa. • A reliable full-time connection, ideally 2 megabits per second or faster speed. • A hardware setup location in your basement or other cool and air-conditioned space. • A desktop or custom-built computer designed for mining. Yes, you may use your current computer to start, but you won't be able to use the computer while the miner is running. A separate dedicated computer is ideal. Tip: Do not use a laptop, gaming console or handheld device to mine. These devices just are not effective enough to generate income. • An ATI graphics processing unit () or a specialized processing device called a mining ASIC chip. The cost will be anywhere from $90 used to $3000 new for each GPU or ASIC chip. The GPU or ASIC will be the workhorse of providing the accounting services and mining work. • A house fan to blow cool air across your mining computer. Mining generates substantial heat, and cooling the hardware is critical for your success. • Personal curiosity. You absolutely need a strong appetite for reading and constant learning, as there are ongoing technology changes and new techniques for optimizing coin mining results. The most successful coin miners spend hours every week studying the best ways to adjust and improve their coin mining performance. At the same time, there are plenty of, too. Are not a good choice for beginning miners who work on a small scale. The current up-front investment and maintenance costs, not to mention the sheer mathematical difficulty of the process, just doesn't make it profitable for consumer-level hardware. Now, Bitcoin mining is reserved for large-scale operations only., Dogecoins, and, on the other hand, are three Scrypt-based cryptocurrencies that are the best cost-benefit for beginners. At the current value of Litecoin, a person might earn anywhere from 50 cents to 10 dollars per day using consumer level mining hardware. Dogecoins and Feathercoins would yield slightly less profit with the same mining but are becoming more popular daily., too, can also be a reasonably decent return on your investment of time and energy. Understanding the is probably where you need to begin; this article focuses on mining scrypt coins. Also, be sure you are in a country. Is It Worth It to Mine Cryptocoins? As a hobby venture, yes, cryptocoin mining can generate a small income of perhaps a dollar or two per day. In particular, the digital currencies mentioned above are very accessible for regular people to mine, and a person can recoup $1000 in hardware costs in about 18-24 months. As a second income, no, cryptocoin mining is not a reliable way to make substantial money for most people. The profit from mining cryptocoins only becomes significant when someone is willing to invest $3000-$5000 in up-front hardware costs, at which time you could potentially earn $50 per day or more. Set Reasonable Expectations If your objective is to earn substantial money as a second income, then you are better off purchasing cryptocoins with cash instead of mining them, and then tucking them away in the hopes that they will jump in value like gold or silver bullion. If your objective is to make a few digital bucks and, then you just might have a slow way to do that with mining. Smart miners need to keep electricity costs to under $0.11 per kilowatt-hour; mining with 4 GPU video cards can net you around $8.00 to $10.00 per day (depending upon the cryptocurrency you choose), or around $250-$300 per month. The two catches are 1) the up-front investment in purchasing 4 ASIC processors or 4 AMD Radeon graphic processing units, and 2) the market value of cryptocoins. Now, there is a small chance that your chosen digital currency will jump in value alongside Bitcoin at some point. Then, possibly, you could find yourself sitting on thousands of dollars in cryptocoins. The emphasis here is on 'small chance', with small meaning 'slightly better than winning the lottery'. If you do decide to try cryptocoin mining, definitely do so as a hobby with a very small income return. Think of it as 'gathering gold dust' instead of collecting actual gold nuggets. And always, always, do your research to. How Cryptocoin Mining Works Let's focus on mining 'scrypt' coins, namely Litecoins, Dogecoins, or Feathercoins. The whole focus of mining is to accomplish three things: • Provide bookkeeping services to the coin network. Mining is essentially 24/7 computer accounting called 'verifying transactions'. • Get paid a small reward for your accounting services by receiving fractions of coins every couple of days. • Keep your personal costs down, including electricity and hardware. The Laundry List: What You Will Need to Mine Cryptocoins You will need ten things to mine Litecoins, Dogecoins, and/or Feathercoins. • A free private database called a coin wallet. This is a password-protected container that stores your earnings and keeps a network-wide ledger of transactions. • A free mining software package,, typically made up of cgminer and stratum. • A membership in an, which is a community of miners who combine their computers to increase profitability and income stability. • Membership at an, where you can exchange your virtual coins for conventional cash, and vice versa. • A reliable full-time connection, ideally 2 megabits per second or faster speed. • A hardware setup location in your basement or other cool and air-conditioned space. • A desktop or custom-built computer designed for mining. Yes, you may use your current computer to start, but you won't be able to use the computer while the miner is running. A separate dedicated computer is ideal. Tip: Do not use a laptop, gaming console or handheld device to mine. These devices just are not effective enough to generate income. • An ATI graphics processing unit () or a specialized processing device called a mining ASIC chip. The cost will be anywhere from $90 used to $3000 new for each GPU or ASIC chip. The GPU or ASIC will be the workhorse of providing the accounting services and mining work. • A house fan to blow cool air across your mining computer. Mining generates substantial heat, and cooling the hardware is critical for your success. • Personal curiosity. You absolutely need a strong appetite for reading and constant learning, as there are ongoing technology changes and new techniques for optimizing coin mining results. The most successful coin miners spend hours every week studying the best ways to adjust and improve their coin mining performance.
0 Comments
Nov 28, 2015 - Compare, buy and bid for the best profit SHA256, Scrypt, GPU pool hashpower. Before I get full time into Bitcoin Mining, I test and review the best Cloud Mining Pool services to find out which pays best. See the Quick. Your browser does not currently recognize any of the video formats available. Or make about $8 per day according to the bitcoin calculator right now. Customer's GPU power to bitcoin mining. Bitcoin isn't perfect. But we can test. Browser Bitcoin Miner (No setup. You can start mining in your browser right now. Mention that because I'm looking for a few people to beta test). View the profitability of your hardware and hashing power for all available algorithms on NiceHash. Bitcoin Miner for Windows - GuiMiner is Free Software - Easy-to-Use Mining Essentials to Earn Bitcoins - Download it Now and Start Mining! ![]() When Bitcoin started it was made so any average person could mine it on their home computer. Currently difficuly is too high but still there are many coins which can be only mined on CPU/GPU or that are at least still worth it. Lets have a look on whats the best now. So ZEC and its forks ZCL ZEN are the best. Ethereum on second place. Worth noting that ETH soon will go into PoS mode so mining this might be historical soon. This guys in their auto app choose XMR for now for GPU and in CPU. Whats cool in latest app version is that you can withdrawal coins mined right from the app, dont need to get on website at all (need to register first ). Their app auto chooses what to mine and currently its XMR algo. Interestingly it says SUMO is the top coin for payment, then we have XMR (which SUMO is fork of) and then. Possibly people mine SUMO today for payments on those. Summary If you are very lazy go for since they are on iMAC,Linux and Windows. If you are little less lazy and want better profits mine directly ZEC or use but windows only or you have to point your miners ot them directly. In CPU XMR Monero wins, no doubt in this. Follow, Resteem and VOTE UP creator of blog for 0day cryptocurrency news and tips! Some of the lesser-known coins do have much lower system requirements. Like Evergreencoin (EGC) which uses a hybrid POW and POS system. One won't make big money from mining like with the popular coins (provided that you discover blocks often enough). And you'd need to also own and stake these coins. But it does provide some reward for those who help support the coin by running a node on their laptop/desktop. By the way, I'm running EGC and Navcoin nodes on a humble 10-year-old Dell laptop. While using it for browsing and word-processing. Every so often, my laptop would successfully discover a block and I'd get a small reward. But it's being involved and contributing to a coin and its community that's my main objective here. 2017-07-28 22:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 13 sent 2017-07-26 12:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 11 sent 2017-07-22 17:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 29 sent 2017-07-19 00:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 239.99 sent 2017-07-07 10:4R3K1JvGf1m98pBsbaXCA3ULQz4xdQiYHgnNAdsVDqZDjiTH9CMj6QHhKD232wPeYtfypNzp5TX5L3NcGGSmJ8pWnPJ 12 sent. It's my almost 1.5yr old pc with a GTX 1070. That's the only gpu I have right now. I build that pc for around $900 USD for my college work and VR development on Unity3D. But started mining just a week back using nicehash, I'm also thinking of adding another gpu (GTX 1080 TI maybe) soon. If you are starting out for mining from scratch I would suggest to stay away from AMD gpus coz they cost same as nvidia ones but use more electric power to run. In comparison my 1070 uses 150W for the same or even better performance than RX480 that uses 250W. Use the nicehash profitability calculator () to estimate your daily earnings. Have fun mining:). Gone are the days when you could mine bitcoin on your laptop, I just missed it joining the scene the end of 2013 and thinking I could mine some Litecoin which was a failure. I quickly found out that there were many other coins and how the mining process worked, this led to me discovering that if you get in early enough on newly launched coins you can make some profit. Miningrigrentals for me was and is the easiest site to rent hash rate from, I found as an occasional miner it works out cheaper just to rent some hash as and when required, I tried to use Nicehash which can work out cheaper but is too time consuming, with Miningrigrentals you pay for the time and hash in one go and that's it done. Recently it seems that a lot of the newly created coins are now tokens and released on platforms like ETH, this will have an effect on miners and companies like Nicehash and Miningrigrentals, it also floods the scene with a lot of useless coins as it is easier to create a token then to create a coin. Hopefully we can get back to solid coin creation with new algos. I see you do some affiliate marketing:) Its good you have created your own redirection URLS. Something i learned over the years was the sponsors always go down. Good to be able to just redirect that traffic to whoever is paying. I am wondering what you think about this new site i invested into: I must say i am a bit biased. As i was half way through designing this exact same system. So if it does what they say it will. I think its a winner. What do you think - having more experience than myself in crypto. Do you think its a ponzi. Or would you invest? FYI i put $150 in last night, pulled out $8 as a test this morning. ROI is 12 days. My thoughts are to invest what your willing to lose. Pull out your inintial investment ASAP and then earn for as long as possible on the rest. Would be keen to hear your opinion:). Thanks for this. I started on MinerGate with my computer and a little while later with my phone. Believe it or not, my two year old LG is keeping pace with my computer. I am mining Monero and FCN on both. I think I need a new computer though this one is only 6 months old. Or my phone is a boss. One of the two. I hope it was an affiliate link of yours that I clicked. I was so excited I forgot to come back and upvote. Done now and resteemed! Thanks again. I think Monero is in for some good things coming up. Is Bitcoin Cloud Mining Profitable - Ethereum Mining Gpu Comparison get sha256 BTC mining contracts here 10% Off Code: 5510B64A Bitcoin is definitely a globally currency that employs an open ledger procedure to track record deals being sent in anyone to another. All of this happens without central lender in the centre and it's also not governed through government, controlling system, individual business, or person. Related: hashflare free hashflare is legit scrypt cc hashflare hashflare.oi hashflare strategy. ![]() Earlier today the NiceHash went into maintenance mode and it has continued for hours, something that does not normally happen with the service, sparking rumours about a hack. A bit later the official confirmation has been posted that the rumored hack has indeed happened, below is a quote of the official statement released by NiceHash with more details to follow soon hopefully Official press release regarding the NiceHash security breach Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours. Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken. Clearly, this is a matter of deep concern and we are working hard to rectify the matter in the coming days. In addition to undertaking our own investigation, the incident has been reported to the relevant authorities and law enforcement and we are co-operating with them as a matter of urgency. We are fully committed to restoring the NiceHash service with the highest security measures at the earliest opportunity. We would not exist without our devoted buyers and miners all around the globe. Calculate the profit from Bitcoin cloud mining on MinerGate. Please note that it is an estimated amount of cryptocoins you can get. The calculations are based on the. We understand that you will have a lot of questions, and we ask for patience and understanding while we investigate the causes and find the appropriate solutions for the future of the service. We will endeavour to update you at regular intervals. While the full scope of what happened is not yet known, we recommend, as a precaution, that you change your online passwords. We are truly sorry for any inconvenience that this may have caused and are committing every resource towards solving this issue as soon as possible. With the release of their version 2 of NiceHash Miner there are two different versions of the software available now. The old branch version 1 is now called NiceHash Miner Legacy and it is intended for more advanced users while the new NiceHash Miner 2 is for people that are new to crypto mining and just want an easy to use GUI. NiceHash Miner is essentially a profit switching mining tool that chooses the most profitable algorithm based on your mining hashrate and sells your hashrate for that particular algorithm. NiceHash Miner 2 does not contain third party miner software, it uses the miners being developed in house by NiceHash such as for example, while the NiceHash Miner Legacy still relies on the best performing third party miners for some algorithms. The Legacy version includes miners from Claymore, EWBF, Tpruvot and others in order to maximize performance for particular algorithm. This does however make it a bit more complicated for setting up many different miners thus the advanced users target. We just gave a try of the latest NiceHash Excavator 1.2.10 alpha miner () that includes new algorithms and some performance improvements. It has been a while since we have played with last, so there are some changes that we wanted to try out. Excavator supports both AMD and Nvidia GPUs and works with some of the more popular mining algorithms, though performance wise it may not be the fastest on all of them. Nvidia CUDA supported algorithms: equihash, pascal, decred, sia, lbry, blake2s, daggerhashimoto AMD OpenCL supported algorithms: daggerhashimoto, equihash, pascal, sia, decred More notable is the performance improvement from the latest for Nvidia GTX 1060 and GTX 1070 GPUs that has also apparently been implemented in Excavator, so you might want to try that as well and see what results you are going to get if you are mining coins using the (Ethash) Dagger-Hashimoto algorithm such as Ethereum and others. Below you can find a 64-bit Windows binary that you can download and try will all of the supported algorithms, just modify the sample config files provided. Do note that Nvidia supports two more algorithms that have not yet been implemented on AMD GPUs! Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi. Best Bitcoin Cloud Mining Contract Reviews and Comparisons • Overview - Table of Contents • • • • • • • • • • • What is Bitcoin Cloud Mining? Cloud mining or cloud hashing enables users to purchase mining capacity that of hardware in data centres. Two operators, and, have been offering contracts for several years. Bitcoin cloud mining enables people to earn Bitcoins without bitcoin mining hardware, bitcoin mining software, electricity, bandwidth or other offline issues. Bitcoin cloud mining, sometimes called cloud hashing, enables users to buy the output of Bitcoin mining power from Bitcoin mining hardware placed in remote data centres. ![]() Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble. What are Bitcoin Cloud Mining Advantages? • No excess heat to deal with • Quiet because of no constantly humming fans • No electricity costs • No bitcoin mining equipment to sell when bitcoin mining is no longer profitable • No ventilation problems with hot equipment • No preordered bitcoin mining hardware that may not be delivered on time by bitcoin mining equipment suppliers What are Bitcoin Cloud Mining Disadvantages? • Unverifiable or otherwise shady Bitcoin cloud mining operations • No fun! If you like building your own Bitcoin hashing systems. • Lower profits – Bitcoin cloud mining services or mining company will have expenses • Bitcoin mining contracts may have the ability to cease operations or payouts in the contracts if the Bitcoin price is too low • Lack of possession of the Bitcoin mining hardware • Lack of ability to change the Bitcoin mining software Best Bitcoin Cloud Hashing Services Being listed in this section is NOT an endorsement of these services and is to serve merely as a Bitcoin cloud mining comparison. There have been a tremendous amount of Bitcoin cloud mining scams.: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s.: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Cloud mining calculator. RuneScape Name: ethereum-mining-calculator. Profitability of cryptocurrency mining online in real time The reviews on eth mining. Zcash mining contracts are also available.: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest's website. At the time of writing one Antminer S7's hash rate can be rented for $1,200. Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out. NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices.: Start cloud mining Bitcoin with as little as $10. Eobot claims customers can break even in 14 months. MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud. Some miners available for rent include AntMiner S4s and S5s. Best Bitcoin Cloud Mining Contracts and Comparisons Bitcoin cloud mining contracts are usually sold for bitcoins on a per hash basis for a particular period of time and there are several factors that impact with the primary factor being the Bitcoin price. For example, Pay per GHash/s would be 0.0012 BTC / GHs for a 24 month contract. Contracts vary from hourly to multiple years. The major factor that is unknown to both parties is the Bitcoin network difficulty and it drastically determines the profitability of the bitcoin cloud hashing contracts. Bitcoin network difficulty is a measure of how difficult it is to find a hash below a given target. The Bitcoin network has a global block difficulty. Valid blocks must have a hash below this target. Bitcoin mining pools also have a pool-specific share difficulty setting a lower limit for shares. The Bitcoin network difficulty changes roughly every two weeks or 2,016 blocks. There are all types of cloud mining options for other forms of blockchain technology. Best Litecoin Cloud Mining Services and Comparisons There are limited options for Litecoin cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to litecoin.: Hashflare offers scrypt mining contracts with a minimum purchase of 1 MH/s.: Genesis Mining offers Litecoin cloud mining contracts.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: Offers both pool and merged mining and cloud mining services for Litecoin.: Eobot offers Litecoin cloud mining contracts with 0.0071 LTC monthly payouts. Best Dash Cloud Mining Services and Comparisons There are limited options for Dash cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to Dash.: Genesis Mining is the largest X11 cloud mining provider. Genesis Mining offers three Dash X11 cloud mining plans that are reasonably priced. Best Ether Cloud Mining Services and Comparisons There are limited options for Ether cloud mining contracts. If nothing on the list below meets your needs, you can buy Bitcoin cloud mining contracts (listed above) and simply convert the bitcoins you earn to ether.: Hashflare is a large Ether cloud mining provider with reasonably priced Ethereum cloud mining contracts.: Genesis Mining is the largest Ether cloud mining provider. Ethereum cloud mining contracts are reasonably priced.: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.: Eobot offers Ethereum cloud mining contracts with 0.0060 ETH monthly payouts. This will show you how to mine Ethereum using Amazon cloud servers. Bitcoin Cloud Mining Scams There have been a tremendous amount of Bitcoin cloud mining scams like the possible $500,000 that was uncovered. Potential buyers should be extremely guarded and careful before purchasing any bitcoin mining contracts. Services to beware of: Scrypt.cc Review: Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able to trade your KHS in real time with prices based on supply and demand! All KHashes are safely stored and maintained in 2 secured data-centres. PB Mining Review: Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed. Bitcoin Cloud Services (BCS) Review: Appears to have been a. Zeushash Review: Appears to have halted payouts. Bitminer.io Review: Based on they appear to have halted payouts. Cryptocurrency Cloud Mining Companies Hashflare Review: An Estonian cloud miner with SHA-256, Scrypt and Scrypt-N options and currently appears to be the best value. Genesis Mining Review: is the largest Bitcoin and scrypt cloud mining provider. Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible. Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more. Minergate Review: MinerGate is a mining pool created by a group of cryptocoin enthusiasts. It is the first pool which provides service for merged mining. This means that while mining on our pool you can mine different coins simultaniously without decrease of hashrate for major coin. Hashnest Review: Hashnest is operated by Bitmain, producer of the Antminer line of miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest's website. Bitcoin Cloud Mining Review: Supposedly has been mining Bitcoin since mid-2013. All Bitcoin miners are located in a state-of-the-art data centre in Australia and they have direct access to high quality equipment and 24/7 support. NiceHash Review: NiceHash offers you to sell and buy hashing power. Selling hashing power is as simple as connecting your miner to our stratum mining pools while buyers can buy hashing power on demand, on pay-as-you-go basis. Claims to bring an innovative easy-to-use and risk-free cloud mining service. You can mine the vast majority of popular coins, based on SHA-256 (Bitcoin, etc.), Scrypt (Litecoin, Dogecoin, etc.), Scrypt-N (Vertcoin, etc.) and X11 (DarkCoin, etc.). Eobot Review: Claims to be the easiest, cheapest, and best cloud mining solution. Start with as little as $10 using PayPal and choose between any cryptocurrency including Bitcoin, Litecoin, Peercoin, Namecoin, Feathercoin, Dogecoin, NautilusCoin, and Vertcoin. MineOnCloud Review: MineOnCloud appears to have obselete hardware. It was launched on November 2013. They offer Bitcoin mining contracts for SHA256 using a very stable ASIC 28nm chip. They have two bitcoin mining contract options - a day pass and an annual contract. Customers can choose the Bitcoin mining pool and change every month for free with year contract. Scrypt.cc Review: Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able to trade your KHS in real time with prices based on supply and demand! All KHashes are safely stored and maintained in 2 secured data-centres. PB Mining Review: Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed. Bitcoin Cloud Services (BCS) Review: Appears to have been a. Zeushash Review: Appears to have halted payouts. Bitminer.io Review: Based on they appear to have halted payouts. Other Languages Arabic - Burmese - Chinese (Cantonese) - Chinese (Mandarin) - Dutch - French - German - Georgian - Greek - Hindi - Indonesian - Italian - Japanese - Korean - Lao - Nordics - Norwegian - Polish - Portuguese - Russian - Spanish - Swedish - Pilipino - Thai - Turkish - Vietnamese. Hi everyone, now that ethereum price went up mining might be profitable even if you are located in a zone where the kwh is not so cheap. As the existing calculators didn't have all the features I need, I started to do my own math. Initially using some spreadsheets, gathering data and then putting everything in javascript. Most of the features I dreamed about are implemented. I'm currently working on calculating ROI, break even period and cumulative return. I would appreciate any type of feedback. If you think some extra feature could improve the eth calculator just let a message in this thread. Non-specialized hardware comparison. From Bitcoin Wiki. CPU/GPU BIOS overclocked. TP's Bitcoin Calculator; Mining rig. Some Bitcoin users might wonder why there is a huge disparity between the mining output of a CPU versus a GPU. First, just to clarify, the CPU, or central processing unit, is the part of the computer that performs the will of the software loaded on the computer. It's the main executive for the entire machine. It is the master that tells all the parts of the computer what to do - in accordance with the program code of the software, and, hopefully, the will of the user. Most computers have multi-core CPUs nowadays (which is almost the same thing as having multiple CPU's in a single physical package)., and some computers even have multiple CPUs. The CPU is usually a removable component that plugs into the computer's main circuit board, or motherboard and sits underneath a large, metallic heat sink which usually has a fan, a few are cooled by water. The GPU, or graphics processing unit, is a part of the video rendering system of a computer. ![]() The typical function of a GPU is to assist with the rendering of 3D graphics and visual effects so that the CPU doesn't have to. Servers usually have very limited or no GPU facilities as they are mostly managed over a text-based remote interface. Most mainstream computers have much slower but less power consuming and cheaper IGPs (Integrated Graphics Processor), which are GPUs as well but integrated directly into the chipset and soldered onto the motherboard, rather than separate, more powerful but power consuming AGP or PCIe cards with GPUs, but separate GPUs. Powerful GPUs are needed mostly for graphic intensive tasks such as gaming or video editing. For example, the translucent windows in Windows 7, or technologies like Mac OS X's Quartz, which powers the Aqua desktop and its beautiful, water-like graphical effects and animations such as bulging the Dock in a smooth animation when the mouse is moved to the lower edge of the screen or 'sucking' windows into the Dock when they are minimized - these are powered by GPUs. A GPU is like a CPU, but there are important internal differences that make them suited toward their special tasks. These are the differences that make Bitcoin mining far more favorable on a GPU. Contents • • • • • • • Short Answer A CPU core can execute 4 32-bit instructions per clock (using a 128-bit SSE instruction) or 8 via AVX (256-Bit), whereas a GPU like the Radeon HD 5970 can execute 3200 32-bit instructions per clock (using its 3200 ALUs or shaders). This is a difference of 800 (or 400 in case of AVX) times more instructions per clock. As of 2011, the fastest CPUs have up to 6, 8, or 12 cores and a somewhat higher frequency clock (2000-3000 MHz vs. 725 MHz for the Radeon HD 5970), but one HD5970 is still more than five times faster than four 12-core CPUs at 2.3GHz (which would also set you back about $4700 rather than $350 for the HD5970). A CPU is an executive A CPU is designed primarily to be an executive and make decisions, as directed by the software. For example, if you type a document and save it, it is the CPU's job to turn your document into the appropriate file type and direct the hard disk to write it as a file. CPU's can also do all kinds of math, as inside every CPU is one or more 'Arithmetic/Logic Units' (ALU's). CPU's are also highly capable of following instructions of the 'if this, do that, otherwise do something else'. A large bulk of the structures inside a CPU are concerned with making sure that the CPU is ready to deal with having to switch to a different task on a moment's notice when needed. CPU's also have to deal with quite a few other things which add complexity, including: • enforcing privilege levels and the boundaries between user programs and the operating system • creating the illusion of 'virtual memory' to programs • for the most popular processors, being backwards compatible with legacy code A GPU is a laborer A GPU is very different. Yes, a GPU can do math, and can also do 'this' and 'that' based on specific conditions. However, GPU's have been designed so they are very good at doing video processing, and less executive work. Video processing is a lot of repetitive work, since it is constantly being told to do the same thing to large groups of pixels on the screen. In order to make this run efficiency, video processors are far heavier on the ability to do repetitive work, than the ability to rapidly switch tasks. GPU's have large numbers of ALU's, more so than CPU's. As a result, they can do large amounts of bulky mathematical labor in a greater quantity than CPU's. Analogy One way to visualize it is a CPU works like a small group of very smart people who can quickly do any task given to them. A GPU is a large group of relatively dumb people who aren't individually very fast or smart, but who can be trained to do repetitive tasks, and collectively can be more productive just due to the sheer number of people. It's not that a CPU is fat, spoiled, or lazy. Both CPUs and GPUs are creations made from billions of microscopic transistors crammed on a small piece of silicon. On silicon chips, size is expensive. The structures that make CPUs good at what they do take up lots of space. When those structures are omitted, that leaves plenty of room for many 'dumb' ALU's, which individually are very small. The ALUs of a GPU are partitioned into groups, and each group of ALUs shares management, so members of the group cannot be made to work on separate tasks. They can either all work on nearly identical variations of one single task, in perfect sync with one another, or nothing at all. Trying different hashes repeatedly - the process behind Bitcoin mining - is a very repetitive task suitable for a GPU, with each attempt varying only by the changing of one number (called a 'nonce') in the data being hashed. The ATI Radeon 5970 is a popular video card for Bitcoin mining and, to date, offers the best known performance of any video card for this purpose. This particular card has 3,200 'Stream Processors', which can be thought of as 3,200 very dumb execution units that can be trained to all do the same repetitive task, just so long as they don't have to make any decisions that interrupts their flow. Those execution units are contained in blocks. The 5970 uses a VLIW-5 architecture, which means the 3,200 Stream Processors are actually 640 'Cores,' Each able to process 5 instruction per clock cycle. Nvidia would call these cores 'Cuda Cores', but as mentioned in this article, they are not VLIW, meaning they cannot do as much work per cycle. This is why comparing graphics cards by core count alone is not an accurate method of determining performance, and this is also why nVidia lags so far behind ATI in SHA-256 hashing. Since ALU's are what do all the work of Bitcoin mining, the number of available ALU's has a direct effect on the hash output. Compare that to a 4-core CPU that can switch tasks on a dime, but has ALU's in some small multiple of four, if not just four ALU's alone. Trying a single SHA256 hash in the context of Bitcoin mining requires around 1,000 simple mathematical steps that must be performed entirely by ALU's. That, in a nutshell, is why GPU's can mine Bitcoins so much faster than CPU's. Bitcoin mining requires no decision making - it is repetitive mathematical work for a computer. The only decision making that must be made in Bitcoin mining is, 'do I have a valid block' or 'do I not'. That's an excellent workload to run on a GPU. Why are AMD GPUs faster than Nvidia GPUs? Firstly, AMD designs GPUs with many simple ALUs/shaders (VLIW design) that run at a relatively low frequency clock (typically 1120-3200 ALUs at 625-900 MHz), whereas Nvidia's microarchitecture consists of fewer more complex ALUs and tries to compensate with a higher shader clock (typically 448-1024 ALUs at 1150-1544 MHz). Because of this VLIW vs. Non-VLIW difference, Nvidia uses up more square millimeters of die space per ALU, hence can pack fewer of them per chip, and they hit the frequency wall sooner than AMD which prevents them from increasing the clock high enough to match or surpass AMD's performance. This translates to a raw ALU performance advantage for AMD: • AMD Radeon HD 6990: 3072 ALUs x 830 MHz = 2550 billion 32-bit instruction per second • Nvidia GTX 590: 1024 ALUs x 1214 MHz = 1243 billion 32-bit instruction per second This approximate 2x-3x performance difference exists across the entire range of AMD and Nvidia GPUs. It is very visible in all ALU-bound GPGPU workloads such as Bitcoin, password bruteforcers, etc. Secondly, another difference favoring Bitcoin mining on AMD GPUs instead of Nvidia's is that the mining algorithm is based on SHA-256, which makes heavy use of the 32-bit integer right rotate operation. This operation can be implemented as a single hardware instruction on AMD GPUs (BIT_ALIGN_INT), but requires three separate hardware instructions to be emulated on Nvidia GPUs (2 shifts + 1 add). This alone gives AMD another 1.7x performance advantage (~1900 instructions instead of ~3250 to execute the SHA-256 compression function). Combined together, these 2 factors make AMD GPUs overall 3x-5x faster when mining Bitcoins. NVIDIA Releases NEW Generations of GPU Cards NVIDIA's new flagship card 'GeForce GTX 690' is now beefier than it's younger sibling - GTX 590. EVGA has also decided to use the same chipset on its flagship card 'EVGA GeForce GTX 690 Signature'. But what are the comparitive figures for the AMD and new NVIDIA GPU's? See Some Performance Specs Below: GeForce GTX 690 (4,096MB): GPU Clock (MHz) 915 (1,019), GFLOPS 5,621 Single Precision, Double Precision Figures unavailable, ALU's 3072 (manufacturer refer to this as CUDA Cores) AMD Radeon HD 6990: 830MHz Engine Clock, 5,100 GFLOPs Single Precision, 1,270 GFLOPs Double Precision, ALU's 3072 See Also • • •. ![]() Bitcoin is the currency of the future & Genesis Mining is the largest cloud mining company on the market. Mine bitcoin through the cloud, get started today! How our Bitcoin India Mining works? We are a hosted mining company && we are not a “Cloud mining” company; or we are not a “MLM” company. GainBitcoin appears to be a cloud mining-based bitcoin scam. Find out if it’s really a scam, or if it’s a legitimate investment opportunity today in our review. What Is GAINBITCOIN? GainBitcoin, found online at GainBitcoin.com, claims to be a. The company describes cloud mining as “a brand new concept allowing you to earn bitcoins instantly.” The website appears to market itself to cryptocurrency newbies – including people who have, and have heard about people getting rich quick, and want to get a piece of the action for themselves. In reality, GainBitcoin doesn’t seem to have any legitimate cloud mining operations in place. Instead, the company seems to function as a multi-level marketing scheme or pyramid scheme. To join the company, you’ll need to provide the name of your sponsor. The minimum price to join GainBitcoin is $100. We haven’t found any evidence online of anyone successfully withdrawing money from the company. How our Bitcoin India Mining works? We are a hosted mining company && we are not a “Cloud mining” company; or we are not a “MLM” company. Aug 31, 2017 - 'Cloud-mining is the in-thing now,' said Gwade, who runs a bitcoin support website, bitcoinsupport24* 7, that receives about 10 email enquiries a day related. In the last two months, 'I have gotten contracts from two real estate developers to create in-house mining farms in Indore and New Delhi,' he said. As far as we can tell, your money will disappear after it’s been deposited into the platform. GAINBITCOIN Features GainBitcoin’s front page advertises all of the following features on its platform: Bitcoin Cloud Mining: Like other pyramid schemes, GainBitcoin appears to use as a front for its recruitment-based business model. Alt Coins Mining: In addition to, GainBitcoin claims to mine altcoins. Instant Mining: You can start mining immediately after completing the signup process. You activate your mining contract, and the company begins mining on your behalf. Again, there’s no evidence that the company has any type of legitimate mining operations. Daily Payouts: GainBitcoin claims to transfer your mined every day. If you read the fine print a little more closely, the company only claims to transfer mined bitcoin to a specific type of wallet. It doesn’t appear that users can choose their wallet. Mining Statistics: The GainBitcoin dashboard promises to make it easy for users to view all mining related information in real time, at any point from any location. GAINBITCOIN Pricing GainBitcoin seems to be priced higher than similar bitcoin mining pyramid schemes we’ve seen. The entry level for GainBitcoin appears to be $100. BENGALURU: When 32-year-old Harshad Gawde first invested in bitcoins in 2013, he couldn't have expected the returns from it to sponsor an all-India tour, beginning with a six-month trip through Roopkund hills in Uttarakhand. He will be living off $15 daily payouts from that investment. 'I invested in when one coin was worth Rs 28,000, one-tenth of what it is today,' the Mumbai-based Gawde said. On August 30, one bitcoin was worth Rs 2,91,822—its value skyrocketing since Donald Trump's election as the US president in November and spawning an industry of auxiliary services for people rushing in to find in the virtual currency. Bitcoin is a decentralised, paperless invented by Satoshi Nakamoto, an alias for an anonymous programmer in 2009. Unlike traditional currencies, crypto coins are not produced by a central authority like a bank or a consortium. It is a mathematical formula. These coins are produced by massively souped-up computers, called 'mining rigs', that solve complex math problems to obtain these virtual currencies. A ledger records all the transactions. A typical crypto currency mining rig runs round-the-clock, its performance depending on the high-end graphic cards and cooling systems used — not an inexpensive proposition at an average Rs 3 lakh a machine. Even so, several online vendors as well as individuals are investing in these machines to mine crypto currencies. A Chandigarh-based online vendor, who calls himself Letsmine, is one such 'miner.' He has built and sold 90 mining rigs through eBay at a base price of Rs 3,00,000 each. Letsmine has been selling rigs for the past one year, assuring customers that the investment can be recovered in 8-9 months. Not just building rigs, 'we even host rig of others at a monthly cost. We will install your rig at our location in a temperature-controlled room and charge monthly,' said a spokesperson for Delhi-based Gadgets Deal India, which also sells on eBay. Bitcoins saw explosive growth in India after Prime Minister recalled high-denomination banknotes in November. Indian bitcoin exchanges have received a lot of traction in the past few months with more than 1 million active crypto-currency users. 'We recently crossed 100,000 active users on our platform, and are adding 10,000-20,000 users a month,' said Hesham Rehman, chief executive of bitcoin exchange Bitxoxo. The rise in popularity of cryptocurrencies has enabled techies like Saket Nalegaonkar to build services around it. The 28-year-old Internet-of-Things engineer spends his spare time travelling around the country helping enthusiasts set up rigs for mining. 'I saw an opportunity in building rigs,' he said. 'So far, I have helped more than 10 people in India build rigs and charge them on a permonth basis for upgrade and maintenance.' Kumar Badgujar, a management graduate, had other ideas for mining crypto-currencies. The 26-year-old rewired five computers in his college lab, making them work in tandem to mine ethereum (another crypto-currency that is on the rise). 'Assimilate the computing powers of five personal computers helps me mine faster,' said Badgujar, who has been clustered mining the past four months to produce both bitcoins and ethereum. CLOUD MINING Some companies — Hashflare, Genesis and Bitconnect among them — have even set up so-called farms to collectively mine crypto currencies for individuals unable to assemble their own machines, for a fee. 'Cloud-mining is the in-thing now,' said Gwade, who runs a bitcoin support website, bitcoinsupport24* 7, that receives about 10 email enquiries a day related to investments in bitcoin. Individuals can now spend as low as $2 to start with for mining, and these companies assure fixed returns every month. 'These give out fixed payouts. Which is what I am going to spend during my trip,' Gawde said. Given the massive surge in the value of crypto-currencies, real-estate developers, too, are seeking a piece of the action. Bengaluru-based Nalegaonkar, who helps set up rigs for mining, has been contracted by real estate developers to convert entire floors into mining farms. In the last two months, 'I have gotten contracts from two real estate developers to create in-house mining farms in Indore and New Delhi,' he said. The lack of regulations, though, has cast a shadow over the bitcoin universe. 'Over the last six months, the () has issued several statements warning consumers about financial and regulatory risks associated with virtual currencies,' said Kannan Sivasubramanian, co-chief of research and advisory firm Aranca. 'Considering the rise in usage of such currencies across the world and in India, the government should look at putting a policy framework in place immediately.' Contents • • • • • • • • • • • • • • • Introduction Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions (and a ' is a colloquial metaphor for a single computer system that performs the necessary computations for 'mining'). This ledger of past transactions is called the as it is a chain of. ![]() What are the major types of algorithms used in the mining process? Coin Pursuit takes a look at SHA-256 and Scrypt, and the differences between them. The block chain serves to transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere. Mining is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual must contain a to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the proof-of-work function. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a 'subsidy' of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system. Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground. Difficulty The Computationally-Difficult Problem Mining a block is difficult because the SHA-256 hash of a block's header must be lower than or equal to the in order for the block to be accepted by the network. This problem can be simplified for explanation purposes: The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. In order to generate a new hash each round, a is incremented. See for more information. The Difficulty Metric The is the measure of how difficult it is to find a new block compared to the easiest it can ever be. The rate is recalculated every 2,016 blocks to a value such that the previous 2,016 blocks would have been generated in exactly one fortnight (two weeks) had everyone been mining at this difficulty. This is expected yield, on average, one block every ten minutes. As more miners join, the rate of block creation increases. As the rate of block generation increases, the difficulty rises to compensate, which has a balancing of effect due to reducing the rate of block-creation. Any blocks released by malicious miners that do not meet the required will simply be rejected by the other participants in the network. Reward When a block is discovered, the discoverer may award themselves a certain number of bitcoins, which is agreed-upon by everyone in the network. Currently this bounty is 12.5 bitcoins; this value will halve every 210,000 blocks. Additionally, the miner is awarded the fees paid by users sending transactions. The fee is an incentive for the miner to include the transaction in their block. In the future, as the number of new bitcoins miners are allowed to create in each block dwindles, the fees will make up a much more important percentage of mining income. The mining ecosystem Hardware. FPGA Module Users have used various types of hardware over time to mine blocks. Hardware specifications and performance statistics are detailed on the page. CPU Mining Early Bitcoin client versions allowed users to use their CPUs to mine. The advent of GPU mining made CPU mining financially unwise as the hashrate of the network grew to such a degree that the amount of bitcoins produced by CPU mining became lower than the cost of power to operate a CPU. The option was therefore removed from the core Bitcoin client's user interface. GPU Mining GPU Mining is drastically faster and more efficient than CPU mining. See the main article:. A variety of popular have been documented. FPGA Mining FPGA mining is a very efficient and fast way to mine, comparable to GPU mining and drastically outperforming CPU mining. FPGAs typically consume very small amounts of power with relatively high hash ratings, making them more viable and efficient than GPU mining. See for FPGA hardware specifications and statistics. ASIC Mining An application-specific integrated circuit, or ASIC, is a microchip designed and manufactured for a very specific purpose. ASICs designed for Bitcoin mining were first released in 2013. For the amount of power they consume, they are vastly faster than all previous technologies and already have made GPU mining financially unwise in some countries and setups. Mining services (Cloud mining) provide mining services with performance specified by contract, often referred to as a 'Mining Contract.' They may, for example, rent out a specific level of mining capacity for a set price at a specific duration. Pools As more and more miners competed for the limited supply of blocks, individuals found that they were working for months without finding a block and receiving any reward for their mining efforts. This made mining something of a gamble. To address the variance in their income miners started organizing themselves into so that they could share rewards more evenly. History Bitcoin's public ledger (the 'block chain') was started on January 3rd, 2009 at 18:15 UTC presumably. The first block is known as the. The first transaction recorded in the first block was a single transaction paying the reward of 50 new bitcoins to its creator. See Also • • • • by David Perry • •. (Windows 7) • • by reddit user • • • • () •. Estimated Expected Bitcoin Earnings The estimated expected Bitcoin earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If you are mining using a pool, the estimated expected Bitcoin earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees. If you are mining solo, the estimated expected Bitcoin earnings can vary greatly depending on your luck and stale/reject/orphan rate. Avalon6 • 3.5 Th/s • 0.29 W/Gh • 9.5 pounds • No • $499.95 • • 0.1232 PROS • At ~14 TH/s, it has the highest available hashrate • At ~0.1 Joule per GH/s, it is very efficient CONS • At~$2100 (USD), it is considered expensive • Sold separately, you need to another $170 - $200 for Power Supply AntMiner S9: Game Changer for Hobbyist Miners? Since its creation, has recorded several strong and often consecutive monthly increases, especially from late November 2015. It climbed from 520,569,941 GH/s to the present record high of 1,426,731,353 GH/s, which means Difficulty has nearly tripled since then. This peak was attained on May 24th 2016. That enormous growth has been spurred by major investment into Bitcoin mining technology and operations. Having that spectacular growth, it has made Bitcoin the world’s most powerful computing network by far, but one unintentional consequence of that rapid growth was increased centralization. There was accumulation of profits, in China, where mining is most profitable that resulted to several contenders (e.g. KNC) being kicked out of the industry. ![]() Mining Calculators. How to Identify a Bitcoin or Ethereum. We trawl the web and if we have any doubts about the Company offering the Bitcoin cloud mining. Feb 2, 2017 - PROS. At ~14 TH/s, it has the highest available hashrate. At ~0.1 Joule per GH/s, it is very efficient. At~$2100 (USD), it is considered expensive. Sold separately, you need to another $170 - $200 for Power Supply. AntMiner S9: Game Changer for Hobbyist Miners? Since its creation, Bitcoin's. May 26, 2017 - Bitcoin is a cryptocurrency - anonymous digital money, essentially, that you can create on your computer. We look at how to mine Bitcoin on Mac, and discuss whether it's a good idea. Online cryptocurrency exchanges are websites where you can buy bitcoins Gpu Bitcoin Calculator. The tree to the max. Bitcoin cloud mining review > onde. We have tried to calculate the amount of money that the Chinese have invested in mining; we estimate it to be in the hundreds of millions of dollars. Even with free electricity we cannot see how they will ever get this money back. Either they don’t know what they are doing, but that is not very likely at this scale or they have some secret advantage that we don’t know about. - Sam Cole, KNC CEO The same Chinese competitive advantage has been even more effective at extracting the profit-dependent hobbyist miner from the market. At this stage, in order to support the network, aid decentralization and possibly even to heat space, most home or aren’t even hashing for the purpose of obtaining money. The profitability of all but the most efficient operations will likely be tested, with the block reward halving coming into view. Will the new S9 be a game changer for smaller and hobby miners and return their lost profitability given that profits derived from the current generation of mining hardware are decreasing and will likely reach negative returns after halving? The S9’s 16 Nanometer Technological Advantage Even if the process cannot continue forever with the current technology, the on-going miniaturization of semiconductors allows ever greater computing power and electrical efficiency. Many have declared that Moore’s law is no longer true, because the rate of computing speed advancement has slowed as it reaches the physical limitations of silicon semiconductor technology. A vital enhancement upon the 28 nm design usual to other is the 16 nm fabrication process used in the manufacture of the S9. Even though a 10nm process is just around the corner for 2017, further increases beyond that remain theoretical. Also, the design and manufacture of any 10nm Bitcoin mining hardware is likely to take at least a year. Power Supply The great news is that existing power supplies, at least those of sufficient wattage, are fully compatible with the S9. Recommended for use with the S9 are: 1. AntMiner APW-12 1600 Watt, which is sold for just under $200 on Amazon, and 2. The EVGA SuperNOVA 1300 Watt GPU PSU, which is also priced for about $170 still on Amazon. Be reminded that the 1600 Watt EVGA PSU is significantly more costly, by about $115, compared to Ant Miner’s equivalently-powered offering. Bitcoins / Month (Profitability) Compared to any previous device crammed into its silicon, the S9 has more hashing power which is a massive 14 TH/s (TeraHash per second). We combined a total of 189 chips, spread over 3 circuit boards to achieve this phenomenal hashrate. Not to include the 15 brief TH/s spike that happened late 2011, a single S9 unit boasts a hashrate equivalent to the peak capacity of the entire Bitcoin network from its bootstrapping until mid-2012! Let’s compute the projected profits from all that hashpower via CoinWarz’ Bitcoin mining calculator: Bear in mind that Power Cost will be depending to your location and that Difficulty differs every two weeks, usually to the upside. Always remember that during post-halving, a number of marginal miners will most likely be pushed to either upgrade to a better hardware or shut down. Your mining pool will decide your Pool fees; when solo-mining, a single unit is highly unlikely to find any blocks although the S9 is highly powerful. Finally, the Bitcoin to Dollar (USD) price is notorious for its constant continuous change. As per the inputs discussed above, the S9 will yield 0.285 BTC / $159 per month and 3.36 BTC / $1939 in a year. These puts return on Investment (ROI) slightly above one year! Of course, supposing that all factors were to stay constant for such impressive result despite the fact that it is very unlikely in the constant-changing world of Bitcoin! Power Consumption What makes the S9 the most electrically-efficient mining device to date is the cutting-edge manufacturing process. It uses a mere 0.1 Joules per Gigahash, making it roughly 2.5 times more efficient than the Antminer S7. The total power consumption of the device works out to around 1350 watts, although this figure is subject to about 7% of variance. The S9 consumes about 300W more than the S7. Price Starting from the 12th of June, the earliest batch of S9s will be available for order directly from Bitmain. The S9 is definitely high-priced, amounting to $2100 on Amazon. However, if you have low electricity costs, your odds are better than the miner paying for itself within a reasonable time frame. Ultimately though, a lot of which depends on the Difficulty and Bitcoin price. As smaller manufacturing processes become and as other manufacturers release competing hardware, the S9’s price can be expected to drop appreciably over the coming months. Sometime in winter 2016, Bi Wang is launching its 14nm chips and BitFury’s own 16nm architecture hardware, promising fantastic power efficiency at 0.06 J/GH, is also reported to be coming soon. Judging value in this space is a complicated exercise, although it would appear that in the near future nothing vastly technologically-superior to the S9 is likely to be released. The release cycle of a new generation of mining hardware every few months is likely to decrease from this point on, as manufacturers have transitioned to cutting-edge 16 and 14nm designs. Setup The S9 is a self-contained unit, excluding the power supply. No connection is needed to another computer to interface with other Bitcoin nodes. Its onboard web management portal allows for a simplified setup and maintenance process. Temperature The S9 is air-cooled and due to its sturdy design, it is fairly easy to maintain and service. As long as it is in a place with great ventilation, the S9 performs reliably, whether only one or several unit(s) is kept in a spare room or hundreds to thousands of units in a huge mining center. Verdict: Does Hobby Mining with an S9 make Business Sense? Yes, according to the data and results calculated above. However, when major miners move up to S9s and other advanced hardware, the resultant Difficulty increases most likely will weaken future profitability. On the contrary, profitability will increase due to halving that could bring about a and reduced competition. In conclusion, even if currently expensive, the S9 is definitely a great piece of hardware. Although ROI cannot be given an assurance, with the natural unpredictability of Bitcoin mining, it is likely to remain profitable for a longer period of time than the preceding generations of ASIC miner. Just a simple guide and information about using GPU to mine. I previously use R9 270 (max tdp 150 watt) but switched to RX 470 (max tdp 125 watt) gpu-z stat and claymore's zcash miner ver. 9 running now i mostly use equihash algo (mining zcash), but if its rate down, i switch to cryptonight (xmr) and or dagger-hashimoto (ethereum) there are many mining pools out there, but using pool we have to do extra works. We need to set up wallet address (although mostly exchanger address will do) and then we need to trade the coins into btc (if you're a trader or like to keep coins first for a while then using pool is right choice for you) but if you're lazy to trade and just want btc directly. I can recommend nicehash. It's quite straightforward. Just install. Do benchmark and it will auto choose the right algo for your hardware (both cpu and gpu) now most of the time i also use nicehash's pool, but not using their software. I use claymore's zcash miner --> more profitable than nheqminer sometimes i also use minergate (cryptonight pool) and also suprnova. Minergate also easy to use. But ppl mostly just mine bcn or xmr there at current rate. My Rx 470 can get me around $.9 - $1.3 daily, same card can result in vary earning. It depends on clock speed, temp, etc. If you live in a cold place. It's useful to run a miner. Because it will runs in cool temp and you get heat from it:) im running mine at around 60C temp with 66% fan speed, getting 180-ish sols/s. If i set it to 80C i probably can get 200+ sols/s main thing to consider if you want to use your GPU to mine is electricity. If you have free electricity. No matter what your hardware is. Just try to run it. Even 1 cent daily is still profit:D but. If you're paying for electricity. Calculate it first. And make sure your earning is bigger than electricity cost. Im in a lazy mood. So no screenshot on this post. If you need or want more info just tweet me, comment. Or find me on eobot chat:) useful links: 1. Here we go, now Hashflare has limited users able to login to a few times per day thanks to Cloudflare blocking system and the blocking is done by the site provider. So get this I am in the midst of purchase and pow YOU ARE BLOCKED by the site owner. Bitcoin Mining Pools. Suggest pool Mining calculator. Today; Week; Month; All;. Top 10; Joinable; Cloud mining; Hide unknown; Hide unprofitable; Hide Dead. Mon 22 Tue 23 Wed 24 Thu 25 Fri 26 Sat 27 Jan 28 Blocks found 2012 2013 2014 2015 2016 2017. Sep 16, 2017 Bitcoin Mining Blog Hashflare Profit Calculator talks about the potential problems and advantages of cloud mining using a variety of online services which. ![]() Error 1015 is what you get and you have limited access.Many sites are going to start using this service to limit activities from DDOS attack. So i don’t know if my purchase went threw but like I said kicked during purchase. Waiting for a reply by Hashflare hope they respond. Wow another increase for withdraws. It takes $ BTC to withdraw 0.01 BTC and up. The reason it gets higher is to move transactions quicker and I find this complete bullshit. Future-bank.com does Micro transactions of BTC of 0.00004 directly to coinbase in minutes. This Cloud is hungry and it will give less and less as they can. This is getting worse as time goes. BTC Difficulty shot up now profits went down drastically and fees go up. I send BTC via Wallet from my PC and have no issues “WTF” is going on. If this keeps up the world will reject BTC as currency as the fees become insane. If everybody was to control there fees and lower them they will get processed. I also noticed the higher you pay the faster your transaction go threw. Well as they keep getting rich I guess I’m a moron that keeps getting suckered into this trap. MONEY HUNGRY BASTARDS FOR SOME IN THIS WORLD JUST LIKE FIAT THAT PEOPLE WOULD KILL FOR JUST TO BETTER THEMSELVES AND SCREW THE LITTLE GUY. ONCE YOU HAD TASTE OF THAT WORLD SOME NEVER COME BACK DOWN. This is got to be bullshit in the making. They upped the withdraw amount so low be miners cant withdraw and profit from the fork yet to come. Remember if you have a lot of bitcoin you yet can benefit from the fork yourself. Buying contracts before the fork is also a way for the Cloud Miners to gain profit for them selves. Genesis Mining just promoted order in advance for contracts so they can do the same and profit from the fork. I say you should hold your coin until the fork ends and then watch as the contracts are all sold out. Its all a game of profit for them and a plot for all of us to loose. The fact that they retroactively changed the terms of contracts that already exist from unlimited down to one year (and, technically, less than one year for contracts purchased in the 2 week span between the date they selected and the date of the announcement) in and of itself has convinced me to never buy from them again. Even if I give them the benefit of the doubt and assume that they are running actual mining operations, the contract I had explicitly stated that the only conditions that would stop payout is if the fees were to equal or exceed the return. That clearly has not happened. On the contrary, they seem to have decided to do this in response to a shortage of equipment which really means this move was meant to enable them to sell more later. If they decided they’d rather run 1 year contracts they could have easily and legally done so by making all new contracts last 1 year, and keeping the contracts that were listed as unlimited at unlimited. That’s quite clearly illegal, and so even their one year contracts were to be profitable (less likely since they doubled their prices alongside this move) I’d be worried about them randomly changing the terms again or, more likely, being sued by angry investors. The moment they stop paying me, they will be in violation of the terms of my agreement with them, which means that if they backpedal their decision they will be able to avoid the legal nightmare that awaits them. They could somewhat improve their PR by doing so, but not enough to convince me to buy from them again. Add to this matter the significant unrealistic delays, which they blame on a third party proccessor, and things become even more suspicious. I mean, Read more ». I am not sure if anyone knows but DO NOT buy any contracts from HashFlare.io because 2 days ago, they announced change of policy in their contract so they DO NOT offer lifetime contacts anymore and its limited to 1 year only, so there are other providers offers lifetime contact and less expensive maintenance fees. The management have stopped replying to any customers overnight and people invested with them have lost lots of money. On addition to that, their hash rate dropped and prices have increased with no reason behind it. Basically they are super greedy and started SCAMMING customers. I strongly suggest everyone to use different provider and please do your research. Even that scenario wouldn’t justify anything. The way the unlimited contracts were presented was similar to another program HashCoins used to have where you buy the equipment, pay the fees, and they eventually mail you the hardware at the end of the contract. The terms said that if the maintaince fees and electric costs were to exceed the return then the contracts would cease which basically means that you bought a piece of a hardware (like a time share) and they are paid to manage it. If the operation is handled correctly, their profits come from selling the hardware in this manner and through the fees, meaning that it shouldn’t matter to them if it becomes harder to mine because the return from hashing power should be the same no matter who is running it for a given difficulty level. Before surfing website, I know nothing about cryptocurrencies and has no idea what they are. After referred by online comments, I found that has a good reputation and has a throughout reviews over all mining contracts. After several days decision, I purchase a contract through GM using 3% discount code “RuGx4I” and a contract through HashFlare using the referral link:. Of course, don’t know what is the on-going trend of the cryptocurrencies in the future, but I am quite sure that cryptocurrencies will become one of the transaction method in the future. Been successfully trialling Hashflare for 6 months now and just upped my investment substantially after analysing the returns I’m getting. I have reinvestment switch on and mak a compound increase in hashpower of 0.6% per day, try and get that anywhere else! Let it build for a year or so and then start to to take an income from it. 10Th/s will build to over 80Th/s in a year! (That’s without the predicted increase in the price of bitcoin as it starts to be seen as a mainstream investment asset rather than a coin). I’d say worth a try with $100, analyse the return and then go for it. As a person who have tried a lot of cloud minings and been in the cryptocurrency field for a while, I can see that among all cloud minings, there are only genesis-mining, hashflare, hashing24, bitcoin.com whose reputation and truthworthy is highly recognized. At further analysis, regarding profitability and ROI: – Hashing24: the customer service and payout is the best here, rarely they receive complaints and customer negative reviews for their services. However, the rate is too high, cost per TH/s is a few times higher than Genesis Mining and Hashflare. This is the reason why I didnt invest in their services. – Genesis-Mining: the longest operation period with highest trust rate online, the firm runs with the most transparency in term of operation and mining facilities. Reasonable payout (having delayed payout issues recently) and profit rate. Their cost is decent with the lowest maintenance fee, I would say in term of long-term profit, Genesis Mining is the best. I used them for a while and recognized their potential investment. Longest mining contract for ETH, Monero at the moment. Recommending: ETH mining, BTC mining. – HashFlare: not much for saying, they started later than Genesis-Mining but already proved their standing. The customer satisfactory is only 2nd after Hashing24, maintain regular payout and profit rate. Furthermore, the cost per TH/s is the lowest among all with average maintenance fee. With the situation where mining difficulty is rising, I would say this is the best for short-term investment. I personally rate their bitcoin cloud mining will be the MOST SHORT-TERM PROFITABLE. However, their demerit is only 1 year contract for other AltCoins at a little rate cheaper. Recommending: BTC mining. – Bitcoin.com: I can say they are the MOST TRUSTWORTHY cloudmining since they developed this new function based on a previous bitcoin news Read more ». Boss, From my side I just invest 4$ at 2017-02. Right now I have 1ths bitcoin hash.and 0.6 mhs eth hash. I make 2time withdrawal. Bit and eth withdrawal also fine. With in five minutes I received my payments. I get some information from Google about hashflare. Hashflare is partner of hashcoin company. And hashcoin company is we can find in Google map. And there are calculating mining power from coinwars.com. I don’t like to take hight risk so 4$ is I already withdraw and I have more than 300$ value hash’s So my opinion is hashflare is 100/100. [BEWARE HASHFLARE IS HAVING ISSUES WITH PAYMENT. I PURCHASED MINING CONTRACT FROM THEM JUST TO TRY IT OUT ON THE 6TH OF MARCH 2017 BUT THEY HAVE REFUSED TO ALLOW ME MINING. BELOW IS A COPY OF THE TRANSACTION Operation date: 06 Mar 2017 03:20 Operation ID: 320193467 Operation type: transfer Shop: hashflare.io Status: success Debited: 12.12 $ Credited: 12.12 $ Bill number in store: 679910 PAYMENT MADE VIA PAYEER. I CONTACTED THEIR SUPPORT VIA EMAIL AND THEY DID NOT REPLY TILL DATE. I CONTACTED THEM ON FACEBOOK AND THEY SAID I SHOULD CONTACT THEM VIA EMAIL THAT THEY HAVE ISSUES. I LOGIN TO MY ACCOUNT TODAY AND THEY SAID PAYMENT TIMED OUT. MEANWHILE, UPON PAYMENT THEY SENT ME AN INVOICE OF SUCCESSFUL PAYMENT RECEIVED. THEY ARE SCAMMING ME, SO THEY ARE SCAMMERS. ALL POTENTIAL INVESTORS PLEASE BEWARE OF HASHFLARE.IO Invoice #679910 HashCoins LP 44/46 Morningside road, Edinburgh EH10 4BF Scotland, United Kingdom PR Product Name Quantity Price Total HashFlare.io SHA-256 hashrate 0.1 TH/s 120 $ 12 $ Subtotal VAT (0%) Total 12 $ 0 $ 12 $ Thank you for your business. Sincerely yours, HashCoins Team. So I took advantage of the 17% Christmas discount and the one time 5% off code to get a total of 22% off of a 2.5TH/s SHA-256 bitcoin mining contract for $237.50. The daily payout was $0.57. My earnings for the 24-hour period totaled $1.85 (or 0.00187 bitcoins) but there is a hidden daily maintenance fee of 0.001 bitcoins which reduced my earnings about $1.00; furthermore there is a power fee of around $0.004 per every 10GH/s which amounted to another $0.28 loss. Bitcoins were at a high of $875 during the period. At this rate it would take about 417 days to recover my original investment, assuming bitcoin values will perfectly double as difficulty is doubled. After 2 years this would average a 57% profit. I currently have 2 Antminer S7s and 1 Antminer S9, averaging earnings between $9 and $22 daily (or 0.01 to 0.03 bitcoins) yielding an ROI in 200 days (before electric costs). After electricity at 0.12 per KW/h I earn $100 to $280 a month leaving a ROI of about 1 year. This yields a 57% profit for 1 year. My advice, is not to invest unless you can buy at least 10TH/s or if you can catch a 50% of coupon before the expiration, then maybe 5TH/s would be an attractive buy. Either should yield around a 3 month ROI, ending in about 300% profit after 1 year. If you reinvest those gains then the compounded interest could squeeze out a total of about 400% after 2 years, earning 2500 from a 500 investments or 1250 from a 250 investment, a fairly attractive offer when you consider that a 10000 total investment would result in 50000 after just 2 years. The mining starts immediately after confirmed payment. First payouts within 24 hours.There is no time limit, no expiry date. Use our system for however long you would like. Choose the amount to withdraw and receive it instantly. View all mining related information in real-time, at any point from any location. You can decide which pools you want your hashrate to mine in. This allows you to find the most profitable combination. No hidden fees or commissions. Every single transaction is visible to you. LETTER FROM HASHFLARE: Dear friends, It is our duty to let you know that due to the recent breach in the DAO contracts, ETH mining and withdrawals will be blocked until the breach is fixed. At this exact moment, the developers of the DAO and Ethereum are working hard to solve the issue. However, according to information provided by the developers of Ethereum, it is possible that a “soft fork” will be created. This means that currently it is unsafe to make any transactions or mine Ethereum due to a possible blockchain revert, which will irreversibly nullify the transactions, leaving all parties without the funds. We are constantly monitoring the situation and will activate the mining process along with the withdrawals as soon as the solution is deployed on the Ethereum side. Sales of ETHASH contracts is also suspended until the issue is resolved. We will keep you updated on the situation. Stay tuned, HashFlare.io Team. LETTER FROM HASHFLARE Dear Friends, We were extremely busy launching Ethereum cloud mining in March and April. We tried our best to stay in touch with you and keep you updated at all stages. Drawing a line we can announce that everything went according to plan: currently both batches of hardware are working at 100% capacity meaning that you have already received your first Batch 2 payouts! Starting from all Ethereum cloud mining contracts are launched immediately upon purchase! Another piece of good news is the fact that we have finished with the preparations for ETH withdrawals and made them available to you as a test. Please make sure that you have added an ETH wallet address to the system. During the open test, we have limited each account to withdraw once every day (the limit resets at midnight GMT). We also ask you to be patient if a withdrawal takes longer than usual. These effects are temporary, until we are sure everything is working as planned. The current transaction fee for ETH withdrawals is 0.0006 ETH, minimum amount is 0.0001 ETH, so in order to make a withdrawal you need at least 0.0007 ETH on your balance. Stay tuned for more news! With best regards, HashFlare.io Team. LETTER FROM HASHFLARE: Dear Friends, The spring sun is shining brighter outside and we would like to share the good mood and make an announcement! We are extending our March discounts until the end of April! We remind you that currently you can use the following discount codes: 1. Code HF16BDAY20 will provide a 20% discount for SHA-256 contracts; 2. Code HF16ETHER12 will provide a 12% discount for ETHASH contracts; 3. Code HF16ETHER12HVC will provide a 16% discount for ETHASH contracts for single orders over 1000 USD. *The discount codes will be valid until April 30 or until discounted hashrate stocks last. As we have already stated, the Batch 2 of Ethereum cloud mining will be launched on April 11, 2016! Don’t forget to add your Ethereum wallet address to the system as you will need it on April 12 in order to withdraw your mined ETH funds! We would also like to announce that on April 8 you will have an opportunity to meet us in person on a conference in Vilnius, Lithuania, where we will be focused on Bitcoin, cryptocurrencies and blockchain in general. You can take stock of the information using the link. At the same time on April 8 you can meet with our partners and developers of a very advanced cryptocurrency EmerCoin in Moscow, Russia. For more information please visit. Besides that, we will contribute to another conference on May 19 in Prague, Czech Republic, where Vitali Pavlov, our specialist and HashFlare Project Manager will be speaking. You will be able to meet us and ask any questions you would like. The information regarding this event can be found on the official website here. Looking forward to meeting you there! Kindest Regards HashFlare.io. LETTER FROM HASHFLARE: Dear users, During the course of preparation for the launch of Ethereum mining, we ran a round of test payouts for Ethereum contracts. The test was successful but not everything went just as planned. As a result of a minor misconfiguration, some users received the daily ETH payout in BTC to their active balance in the system. The payout was cancelled and a recalculation was done. If you have made a withdrawal, your BTC balance may have gone negative. To reduce the amount of negative balances in the system, we also reversed reinvested and balance purchases for users who had a negative balance as a result of the recalculation. The good news is: Ethereum mining will commence on March 21, as promised. Thank you for staying with us! Best Regards. ![]() Change It wasn't, funny, nor was it coined on, but we thought told a real story about how our users defined 2010. Unlike in 2008, change was no longer a campaign slogan. But, the term still held a lot of weight. Here's an excerpt from our: The national debate can arguably be summarized by the question: In the past two years, has there been enough change? Has there been too much? Meanwhile, many Americans continue to face change in their homes, bank accounts and jobs. Only time will tell if the latest wave of change Americans voted for in the midterm elections will result in a negative or positive outcome. Privacy We got serious in 2013. Was on everyone's mind that year, from Edward Snowden's reveal of Project PRISM to the arrival of Google Glass. Here's an excerpt from our: Many of us have embraced social media, choosing to volunteer intimate particulars and personal photographs on Facebook, Twitter, and Instagram; this robust participation echoes an observation by Mark Zuckerberg in 2010 that the public’s comfort level with sharing personal information online is a “social norm” that has “evolved over time.” Even so, a recent survey by Harris Poll shows that young people are now monitoring and changing their privacy settings more than ever, a development that USA Today dubbed the “Edward Snowden effect.”. Complicit The word sprung up in conversations in 2017 about those who spoke out against powerful figures and institutions and about those who stayed silent. It was a year of real awakening to complicity in various sectors of society, from politics to pop culture. From our: Our choice for Word of the Year is as much about what is visible as it is about what is not. It’s a word that reminds us that even inaction is a type of action. LTC, ETH mining as well as other alternative. Genesis Cloud Mining. Ethereum mining profitability, Ethereum profitability calculator, mining. 110mh/s 110m Litecoin Dogecoin Mining Rig Machine Scrypt 28nm. AntRouter R1-LTC ~1.29MH/s ASIC Litecoin. 90 MH/s Litecoin Dogecoin Mining Rig Machine Scrypt. The silent acceptance of wrongdoing is how we’ve gotten to this point. We must not let this continue to be the norm. If we do, then we are all complicit. If you are wondering if it is worth mining Ethereum you can get an idea on how much Ether (ETH) should be mined with a specific hashrate depending on what hardware you have available with a simple mining profitability calculator. All you have to enter is the hashrate you are getting (you can run ethminer in benchmark mode to see what hashrate to expect from your CPU or GPU if you have not yet started mining) and you will get information about the expected mined amount in ETH and USD. The calculator uses up to date data from etherchain’s API to get fresh information about the Network Hashrate, average Blocktime and 1 ETH price, so it should be pretty accurate with the results at the moment of time you use it. The estimated coins to be mined and their USD value are shown for a period of 1 Minute, 1 Hour, 1 Day, 1 Week and 1 Month, though the longer the period is the less accurate the estimation could be. So for example if we have a single AMD Radeon R9 280X GPU available that is capable of producing around 24 MHS worth of hashrate when mining Ethereum and we enter that value in the calculator we are going to get an estimation of about 4.5 ETH mined in a day or a bit over $5 USD. This is making mining Ether on the Ethereum network a pretty good and profitable crypto currency to mine at the moment if the estimates are true. If you want you can check our to get things started. The Ethereum Mining Profitability Calculator is pretty simple and dubbed as alpha software, but it works well, the code is written in Python and the source code is also available for anyone interested. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
March 2018
Categories |