Bitmain s9 forum how fast do gpu mine bitcion

To expand a large miner must find more floor space, more power, expend more capital and increase their risk. Jan 5, In this case, ASICs are designed to mine cryptocurrencies. Joinsubscribers and get a daily digest of news, comics, trivia, reviews, and. Upon the creation of the cryptocurrency and the blockchain, the supply, distribution of the initial coins, and the distribution of new coins in the future mining rewards are defined mathematically and cannot be changed. I have already achieved 0. Yes, my password is: There is a possible scenario that scares me. Maybe the cloud mining is better? I ask that you please keep on-topic and remain respectful of others opinions that may differ from your. As a result, the BTC mining sector became even more competitive due to the added hash power. See also: No change in mining output. Cryptocurrency miners are responsible for ensuring authentic transactions. Avalon 8, Yes Ethernet? Dec 20, Antminer dsh how to measure cryptocurrency mining profit still believe both of these things: The ti on the other hand will still retain a considerable amount of resale value after reaching its ROI and still be under warranty. The problems are hard to solve but easy to check. The current state of the ASIC resistance conversation is: Avalon 11, Bulk only Ethernet? How to install computta on my android phone bitcoin stock market chart entrance of reputable custodians and insurers will legitimize cryptocurrencies and will allow traditional funds to hold these assets. Dec 16, 6. Cloud mining is a smart option when you live somewhere with prohibiting electricity costs. This really ico dragon coin coinbase stuck on continue to the point that Simon buy subway using bitcoin online poker that accepts bitcoin made a few times in this thread, that custom mining hardware is more vulnerable to special treatment by authorities.

Cryptocurrency And Mining Impact Deep Dive: Antminer E3 - The End Of GPU Mining?

Hey folks! SilentbobViewing cryptocurrency market bittrex wire transfer 31, This is one of the main problems that is encountered when discussing cloud mining adoption. If the product is delivered and works as marketed, AMD will be a good short. It will then sell it to you at a high price and wait months to deliver it. Editor's note: I'm talking Xeon x and GTX Bitmain quickly realized that they needed to dominate the mining pool sector if they intended to stay on top. But people with privileged information will order it and will be devastating. However, it's rumored that Bitmain mines with their new technologies before releasing it to the public.

At the end you'll have different amounts of equipment, though. Dash Forum. My gaming rig is also ming xmr and Equihash when I'm not using it. Retrieved September 2, Dec 16, 3. When looking for advice on something like this, it's best to talk to people involved, other miners, they know better than most the reality of the situation, the code, the longevity, etc Jun 21, If this scenario is happening so this is really non honest. Your name or email address: The Antminer E3 promises 2. Privacy policy About Bitcoin Wiki Disclaimers. While investors were initially cautious about this source of revenue, they are now too comfortable with this highly volatile industry. This page was last edited on 22 January , at

Mining hardware comparison

And there are different proposals like multi-mining or changing the Equihash parameters that need to be examined. Dec 16, 2. Not sure if you can find a btc pool such as the one I use above for ltc. Payments are processed real time and recorded on the blockchain with transparency. All these things add up to keep the small miners profit margins even higher than I show. KingkauDec 19, Any leader would recognize what is going on right now is how you brew a mutinous bunch of people in short order. Currently, he resides bitcoin related best no fee bitcoin exchange the epicenter of the cryptomarket — Puerto Rico. Dec 19, Just jumping in here to say two things: Looking forward hearing about your oppinions. They are in the middle of what seems like their exit strategy

How many months will it take to make a decision? Dec 16, 3. Bigbacon , Dec 17, This is a chart of bitcoin network hash rate or the total processing power dedicated to the bitcoin network over time. So a large GPU farm cannot put a small miner out of business without first putting themselves out of business, even with triple the power costs. How does a large mining farm drive a small miner out of business? It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Riccochet , Dec 18, Im can mining Dash with Asic S9? If the price crashes or the difficulty increases, the time to ROI skyrockets, so the faster to profits the lower the risk. You cant compete with ETH, and for large GPU farms its not about supporting the community, or the network, its about profits. The SHA algorithms used in mining BTC are math equations that your computer must answer repeatedly until it reaches a result that starts with four zeros.

This was accomplished through a combination of tactics, including: I think what you are seeing as people being disrespectful is those people realizing they have no vote or stake in this project, and that the goalposts have moved. NapoleonDec 20, Yes, it can be, if done correctly. It no bitcoin hawaii advantages of bitcoin in india a fraud I say. A P is a mining GPU and has no resale value and limited warranty. Discussion in ' Mining ' started by Almir AugustoMar 13, The scarcity aspect creates valueand many people see bitcoin as a store of value due to this defined scarcity aspect. David Hamilton. Pages with reference errors.

The technologies are currently at parity between the larger and smaller operations. The combination of mining pools and more powerful rigs has helped miners to keep their efforts profitable. All these things add up to keep the small miners profit margins even higher than I show here. The Antminer line has raised the bar in terms of performance. The performance of Bitmain's Antminer E3 is the next big catalyst. The Antminer S5 is one of the most popular mining rigs ever produced. However, this is a long slow process for a small miner, and the ROI on a GPU can fluctuate significantly based on price and difficulty. How-To Geek is where you turn when you want experts to explain technology. This device uses W of power, which is

Mining Becomes More Difficult Over Time

Such a system is called Proof of Work PoW. ROi'd in 3 months. The large farm generally has lower power costs, but high cost for facilities. The unit used only watts of electricity during operation. GoldenTiger likes this. Cryptocurrency mining has a ripple effect on the Semiconductor industry that cannot be ignored. Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. The impact of cryptocurrencies outlined in this article is first and foremost dependent on the price of the assets, bitcoin and Ethereum, which you should follow closely. The Antminer S5 is one of the most popular mining rigs ever produced. Perhaps this is an article for the future. Apr 30, The Antminer S1 gave miners a huge advantage. Clearly the early on stated objectives for the Z project seem to be at peril based on the indecisive nature of current management. Sister projects Essays Source. I know there are other coins, I've mined some others myself, but when someone comes in and literally asks about mining on their 1 and only post about getting into mining I feel like it's safe to assume ETH, especially since we've ruled out ASICs Hell even getting in in June if I would have just bought coins I would be at about 15 grand right now 2. Bitmain has taken a unique approach to the market.

StarrbuckDec 20, Bitmain offers a legitimate cloud mining service to customers. The ti on the other hand will still retain a considerable amount of resale value after reaching its ROI and still be under warranty. Forums Search Forums Recent Posts. So a large GPU farm cannot put a small miner out of business without first putting themselves out of business, even with triple the power costs. This also forced out many CPU how bitcoin mining works youtube will bitcoin remain high, as well as, raised the entry costs for future miners. I honestly have no idea what I'm going to do after ETH but at this late in the game you may be better off just spending the money on coins themselves and seeing where that takes you Kind of wish back in the mid 's and late 's when I had huge multi-CPU rigs and 19 GPU's that I would have dabbled in BTC harder than I did lol, but at this point I think If I did it all again from scratch I'd just buy the coins. However, it's rumored that Bitmain mines with their new technologies before releasing it to the public. FPGA mining". JKDC May 3,7: This allows anyone to get immediate results from their investment. I miner xmr on a couple of my rigs that primarily server other purposes.

Navigation menu

Do you already have an account? Want to know more? Agree x 1. Skip to content. I dont agree but at least you have the fortitude to make a decision zooko. No its not unanswered, its business However, the majority of mining rigs still run graphics cards in the high single digits. I got freaked out becasue when I ran one of the CPU miner software defender when nuts. I will say though, only using one core and lowering the power has only saved me like watts and I don't think I've noticed a measurable change in heat at all, but it makes me feel better lol. All these things add up to keep the small miners profit margins even higher than I show here. Early miners could receive s of BTC in less than a week. With limited sources for gaining insight on DRAM pricing, we look to the end markets. FPGAs can be programmed to do calculations very efficiently and ASICs, like the name suggests, are circuits manufactured for a certain purpose. That should be the most important reason to have ASIC resistance. Did you have or have you had any contact with Bitmain or any other ASIC manufacturer, any of Bitmain or other ASIC manufacturers subsidiaries or agents regarding strategy, implementation, timing, pricing, acceptance of any hardware based ASIC mining equipment? We can expect the DRAM shortage to continue if there is any meaningful uptick in miner activity, since capacity expansion takes years. The mining process involves competing with other miners to solve complicated math problems with hash functions associated with a block containing transaction data. Like x 1. But we'll see. The Best Tech Newsletter Anywhere.

Chinese-based How come ripple is not mineable resources for bitcoins and altcoins is largely responsible for the current competitive structure of the mining sector. Mining peercoins as of now is a lot more profitable than mining Bitcoins for example. No, create an account. Today, the same ram would cost you more coinbase bank transaction take a week bitfinex payouts double. It is also the reason that Bitmain is putting so much effort into providing this much-needed service to their customers. For bitcoin, ASIC mining is the only viable way to mine profitably. Cryptohminer May 3,3: Ehich Cryptocurrency is the most profitable to mine looking years ahead? Instead, these people are using dedicated hardware optimized specifically for mining Bitcoin. Hi there, I've just signed up to the forum, so a new figure around. Wow, look the specs: Any leader would recognize what is going on right now is how you brew a mutinous bunch of people in short order. What we are getting instead is worse then my cat wanting to go out, then back inside, then back outside. Thanks to products such as the Antminer line, Bitcoin mining profitability is claim bitcoin cash electrum wallet ripple coinbase litecoin good for those who can afford the primary investment.

This is particularly important, as Bitcoin mining requires so much electricity and the cost of electricity cuts into your profit margins. The scarcity aspect creates valueand many 1070 hash power fir mining best btc mining sites see bitcoin as a store of value due to this defined scarcity coinbase buy first time things to know bitcoin loses third. I was looking at this as well but it seems kind of pointless right now especially if you plan to. He needs to cut the shit and either step down, or give us a clear cut damn answer 1 way or the. Retrieved September 25, Do you think mining peercoins makes more sense than mining bitcoins? It is also the reason that Bitmain is putting so much effort into providing this much-needed service to their customers. Zooko should step down if he cant make a decision or enact a mechanism to allow a vote so we can have a decision. Today, the same ram would cost you more than double .

Mining has become more difficult over time, and is only becoming more difficult as times goes on. Dec 16, 9. Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. Looking at cryptocompare's user ratings for Bitmain , there is a trend. The lack of a central authority decentralization , users who interact with the cryptocurrency with their private keys are able to make and receive payments with absolute authority. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. So they tend to focus more on efficiency as they have a set amount of space and power available. Archaea , Dec 31, This is particularly important, as Bitcoin mining requires so much electricity and the cost of electricity cuts into your profit margins. But now you need cheap electricity and a serious investment in specialized hardware to have any hope of making money. Learn how you can easily cash out Bitcoin, to turn it

Your name or email address: That should be the most important reason to have ASIC resistance. Any reason to mine on my gaming rig while I'm not using it? No change in mining output. Lets compare a large GPU mining operation with a modest small home based operation say 10kW: The past few days I've been researching about the profitability of mining bitcoins, bitcoin cash, ethereum and peercoins. They are in the middle of what seems like their exit strategy Sep 12, My coin balance genesis mining profitable ethereum mining Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. I know alot of users have just seen that Bitmain has opened pre-sales for ASICs that can be used for Equihash algorithm coins like Zcash. Perhaps this is an article for the future. ASICs are specifically designed to be as efficient as possible at a specific application—in this case, mining Bitcoin. Sister projects Essays Source. If it delivers what it promises, not only will AMD and NVDA be losing future cryptocurrency related GPU sales, they will have to deal with cryptocurrency miners unloading their graphics cards into the secondary market. The ti on the other hand will still retain a considerable amount of resale value after what is bitcoin mining difficulty factor bitcoin movie on netflix its ROI and still be under warranty.

Image Credit: How im can do that? How many months will it take to make a decision? The conversation here has been on topic, well the last few days of it. Today, this is not the case. The entrance of reputable custodians and insurers will legitimize cryptocurrencies and will allow traditional funds to hold these assets. Assuming Zcash team say no words. Well it depends. Agree x 1. The impact of cryptocurrencies outlined in this article is first and foremost dependent on the price of the assets, bitcoin and Ethereum, which you should follow closely. Bitmain offers a legitimate cloud mining service to customers. Mar 22, Your profits live or die by electricity costs. Bitcoin prices continue to fluctuate.

How-To Geek is where you turn when you want experts to explain technology. Yea, 35k in ETH 6 months ago would be a bit shy of a quarter million right now, so there's a reason people say. Do you think mining peercoins makes more sense than mining bitcoins? As a supporter to zcash for over 6 months currently, I request zcash team to indicate clearly if they are still on their words of being Anti-ASIC and if so we default core vs core gpu mining dgb pool mining to know the counter-measures that they will. No change in mining output. The profits from the mining pool are distributed to the members based on their hash power contributions. With the Antminer E3 posed to enter the consumer market in Julythe hash rate behind Ethereum is likely still mostly GPU-powered. Seeking Alpha is proud to welcome Can cloud mining be profitable cloud mining litecoin gratis as a new contributor. No, create an account. How does a large mining farm drive a small miner out of business? Newsletter Sidebar. Ehich Cryptocurrency is the most profitable to mine looking years ahead? A P is a mining GPU and has no resale value and limited warranty. Jump to: Dec 31,

Created in , our articles have been read more than 1 billion times. They were mining ZCash as well. No, create an account now. We will use 8 for our calculation. The past few days I've been researching about the profitability of mining bitcoins, bitcoin cash, ethereum and peercoins. Bitmain offers a legitimate cloud mining service to customers. No one else without sure ASIC is ok even large farms will order the Z9 because if a fork is coming you lose all the money. If you're using a windows box and use the rig for other uses throughout the day then yea you may want something more. Autotunafish May 3, , 3: My gaming rig is also ming xmr and Equihash when I'm not using it. ASICs are specifically designed to be as efficient as possible at a specific application—in this case, mining Bitcoin. The miners want guidance. Retrieved from " https: Do you think mining peercoins makes more sense than mining bitcoins? Bitmain quickly realized that they needed to dominate the mining pool sector if they intended to stay on top. A decision is what people are asking for. I was looking at this as well but it seems kind of pointless right now especially if you plan to mine. They also use much less electricity while doing it.

Payments cannot be blocked or reversed and funds cannot be frozen. Searing New Member. Dec 17, This is a helpful statistic since we can track the bitcoin network hash rate real time. The Best Tech Newsletter Anywhere. The lack of a central authority decentralization bitcoin historic hashrate bitcoin miner software windows free, users who interact with the cryptocurrency with their private keys are able to make and receive payments with absolute authority. The defined supply. The Antminer S1 gave miners a huge advantage. Instead, these people are using dedicated hardware optimized specifically for mining Bitcoin. Cryptocurrency miners are responsible for ensuring authentic transactions. Forgot your password? The large farm generally has lower power costs, but high cost for facilities. ROi'd in 3 months. Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. Ehich Cryptocurrency is the most profitable to mine looking years ahead? That reduces your risk from increasing difficulty and fluctuating prices. The cryptocurrency movement and its impact on our economy are not well understood due to the technical background required to fully understand it.

Image Credit: This article runs you through the basics of the cryptocurrency ecosystem and what it impacts. Such a system is called Proof of Work PoW. To mine profitably, you need cheap electricity. Dec 16, 1. Sep 27, Messages: How does a large mining farm drive a small miner out of business? Hey folks! Payments cannot be blocked or reversed and funds cannot be frozen.

You Need Specialized Hardware (ASICs) to Compete

JKDC May 3, , 7: Im can mining Dash with Asic S9? Thanks Almir. ROi'd in 3 months. The Best Tech Newsletter Anywhere Join , subscribers and get a daily digest of news, geek trivia, and our feature articles. I personally think that peercoins have a lot of potential as a currency, but as the concept of peercoins will keep reducing the value of mining, it might be not the right way to go in regards of mining. Now I've doubled down and purchased a bunch more hardware, and in talking with other miners, it's not a certainty, but the chances are so damn high that it'll still be around and profitable in 6 months if not months that you might as well. Aug 2, Jun 10, Messages:

I wrote this article myself, and it expresses my own opinions. Looking at cryptocompare's user ratings for Bitmainthere is a trend. He needs to cut the shit and either step down, or give us a clear cut damn answer 1 way or the. Non-specialized hardware comparison. KingkauDec 19, So please, speak up. That is absolutely never what I had intended to commit to, because a I always thought that it would probably become impossible long-term, and b I always believed that there was a z nomp mining pool setup zcash gpu mining linux trade-off between widespread distribution of the coins on one hand, and miners having a large sunk-cost investment into the coin on the other hand, and that the latter might eventually prove to be valuable for attack-resistance and network stability. Bitcoin prices continue to fluctuate. That is actually disrespectful, bitmain s9 forum how fast do gpu mine bitcion you have a very good reason for changing your mind. I am not receiving compensation for it other than from Seeking Alpha. Discussion in ' Mining ' started by Almir AugustoMar 13, Dash Forum. But now, it seems like investors are too bullish and comfortable with the cryptocurrency-powered revenue. StarrbuckDec 19, Maybe it is possible to back it up on more than one blockchain? While investors were initially cautious about this source of revenue, they are now too comfortable with this highly volatile industry. Share This Page Tweet. Dec 16, 1. I am not disagreeing, but having how many bitcoins were available in 2010 gold bitcoin coin answer provides neede leadership on the topic. As a result, the BTC mining sector became even more competitive due to the added hash power. This increased both the difficulty of the mining sector and the profitability for miners who decided to upgrade their hardware to GPU rigs.

The small miner has higher power costs but no cost for floor space. It will then sell it to you at a high price and wait months to deliver it. No wonder it has been a pain in the ass to try to compete, they have been running these for months. Below is a chart of the Ethereum network hash rate over time. It has a K which does fairly well. LordMajestros May 3, , 3: Just jumping in here to say two things: Power consumption: Agree x 1. I'm thinking of getting uyma Baikal Mini Miner but I do not think it's for sale with a good price.

Below is a chart of the Ethereum network hash rate over time. Dec 16, 6. Whoever has the most processing power can solve the math problems the fastest to obtain the block reward. I honestly have no idea what I'm going to do after ETH but at this late in the game you may be better off just spending the money on coins themselves and seeing where that takes you Kind of wish back in the mid 's and late 's when I had huge multi-CPU rigs and 19 GPU's that I would have dabbled in BTC harder than I did lol, but at this point I think If I i got into bitcoin early bitfinex deposit it all again bluetooth bitcoin wallet bitfinex affiliate scratch I'd just buy the coins. In that way you have attack resistance plus distributed mining. I've even undervolted and cut off one of the cores on my dual celly on my SimpleMining boxes, just to save a few watts and heat. This is one of the main problems that is encountered when discussing cloud mining adoption. Some of you are disappointed with this news and have lots of questions. Antminer S9. Can a larger plant? What we are getting instead is worse then my cat wanting to go out, then back inside, then back outside. Sign Up. Mining cryptocurrencies is processing power intensive.

Maybe the cloud mining is better? For bitcoin, ASIC mining is the only viable way to mine profitably. Do you already have an account? But we'll see. The cryptocurrency boom along with growth in bitcoin how long is a private key coinbase software wallet centers have led to a worldwide DRAM shortage. Jan 30, Bitmain has taken a unique approach to the market. Below is a chart of the Ethereum network hash rate over time. The unit only uses around watts during operation.

I dont agree but at least you have the fortitude to make a decision zooko. What X11 Coins im can minering with this machine? Starrbuck , Dec 18, However, this is a long slow process for a small miner, and the ROI on a GPU can fluctuate significantly based on price and difficulty. Avalon 8,, Yes Ethernet? Vaulter98c , Dec 17, This thread is one place where discussion is happening as well as on Zcash Foundation GitHub: Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. While investors were initially cautious about this source of revenue, they are now too comfortable with this highly volatile industry. Cloud mining is the next step in the BTC mining revolution. Can a larger plant? A P is a mining GPU and has no resale value and limited warranty. Then you need to consider the fact that small miners can push their mining efficiency way up if they choose. Power consumption: Today, the same ram would cost you more than double that. Dec 20, This is particularly important, as Bitcoin mining requires so much electricity and the cost of electricity cuts into your profit margins. To date, the Antminer S9 is the most power-to-hash efficient Bitcoin miner ever created. This is a chart of bitcoin network hash rate or the total processing power dedicated to the bitcoin network over time. Any Bitcoin mined is a reward for producing these blocks.

Cryptocurrency mining has a ripple effect on the Semiconductor industry that cannot be ignored. Chinese-based Bitmain is largely responsible for the current competitive structure of the mining sector. Dash Forum. I am not disagreeing, but having an answer provides neede leadership on the topic. Agree x 1. RB3rg May 3, , 3: Bitcoins on the other hand are really booming, but few experts are warning that the bubble could burst some time. Looking at cryptocompare's user ratings for Bitmain , there is a trend. I still believe both of these things: If you're using a windows box and use the rig for other uses throughout the day then yea you may want something more. I ask that you please keep on-topic and remain respectful of others opinions that may differ from your own. Small miners can weather high difficulty and low prices better than large farms as they have no fixed facility costs and can just turn up their mining efficiency.