Bitcoin Farms: Understanding the Backbone of Cryptocurrency Mining As Crypto evolves, Bitcoin farms have emerged as the backbone of the mining process. This post will explain the concept of Bitcoin farms, their role in the mining process, and the factors influencing their efficiency and profitability. The Fundamentals of Bitcoin Mining Before we explore Bitcoin farms, …
Antminer L3++ Statistics 2022-2023 and 2021 ● Antminer L3++ with a maximum hash rate of 596Mh/s consuming 1050W of power has a profitability of $0.03 per day. ● The antminer L3++ has a noise level of 76db. ● The L3++ has 288pieces of hash chips. ● The L3++ has twice the performance of the L3+. …
Altcoin Mining Facts 201-2022-2023 Is cryptocurrency mining still relevant in 2018?It is a well-known fact that crypto-currencies need miners for more than just creation of new coins. Without miners, transactions would not process, as the production of new coins and the processing of transactions are tied together in the mining process. For cryptocurrencies to remain …
Coming up soon at the ISSCC conference, the giant chip maker Intel will be presenting a new product they are about to launch. The new chip is supposed to be energy-efficient and ultra-low-voltage. It looks like the company is about to enter the bitcoin mining industry. Intel will be presenting its new product called Bonanza …
Litecoin Hashrate Reaches Another All-Time High with New L5 ASIC Miners Rumored Throughout 2019, things have seemed to be going quite well for Litecoin, as well as other forms of cryptocurrency. Not only has the network security become improved in recent months, but there has been a marked improvement in the prices of Litecoin, which …
The Lasting Legacy of the Bitmain Antminer S9 The launch of the Antminer S9 corresponded with the starting gun used in the 2017 bull run of the great bitcoin, which lead to a high of $19,783 – something that has never occurred before. The Antminer S9 has remained a large part of the cryptocurrency industry …
Used Antminer S9s currently range from $150-178 in the US if purchased in bulk. IN 2018 Bitmain offered the Antminer 29 as the best bitcoin mining ASIC miner. For over a year it was the fastest and most profitable miner on the market. As 2019 ushered in other models like the Antminer S17 Pro …
Bitcoin Wallets in 2019-2018 What is Bitcoin? Bitcoin is a mobile currency, also known as a crypto currency, that was created by Satoshi Nakamato in 2009. The group consists of either an individual or individuals who have yet to be identified. The mission of the creators was to provide a service for quick and cheap …
Setup Guide for Your Home ASIC Bitcoin Mining Rig Bitcoin and other cryptocurrencies have been skyrocketing in value over the years, so it’s no wonder that many people are eager to mine these coins. When it comes to Bitcoin, the clear choice of mining technology is an ASIC rig. The difficulty of solving the Bitcoin …
Where Can I Sell Used ASIC Miners and GPU Mining Rigs? Mining cryptocurrency efficiently is all about establishing the appropriate equipment for your needs. When you start to plan for your mining future, you want to start focusing on the latest and most powerful ASIC miners and general GPU rigs available. The best and fastest …
How Bitcoin Mining Affects Data Centers Bitcoin has been in the news many times over the years as its price skyrockets and plummets dramatically. People who enjoy high-risk investments with big payoffs are easily drawn to this 21st-century currency. The United States is one of the more friendly governments for Bitcoin transactions while some nations …
Best Bitcoin Mining Hardware There are great potential profits for miners of Bitcoin. However, if not done correctly, the cost of equipment and energy can do major damage to your bank account. We have taken the guesswork out of the process for you by assembling a list of some of the best Bitcoin hardware on …
The Best Crypto Mining Rigs You Can Buy The prices of cryptocurrencies like Bitcoin have been rallying of late, and this has led to an increase in the price of graphics cards. Because of this, if you are looking to invest in a cryptocurrency mining rig, you might be better off buying a pre-built one …