5 Best Bitcoin Mining Hardware ASICs 2020 (Comparison)

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Can bitcoin mining equipment (ASIC) be used for other calculation e.g. for science?

Can the ASICs be used or turned to be used for research such as the Folding at Home, or other number crunching or model making scenarios?
submitted by TuckBay to BitcoinMining [link] [comments]

MicroBT China Brings Mining Equipment Closer to You. MicroBT’s miners can be used to mine cryptocurrency that runs on the SHA256 algorithm, such as Bitcoin and Bitcoin Cash. The five ASIC miner models, M20S, M10, M10S, D1, M21, can be purchased directly from their official website.

submitted by jeffyal to cryptomining [link] [comments]

08-13 00:23 - 'World Best ASICs and Mining equipments in Bitindigi.com (Online Stock Monitoring, World Wide Fast Delivery) Don't miss EID AL ADHA 11% promotion until 15 AUG, Code is "EIDALDHA2019"' (bitindigi.com) by /u/Bitindigiadv removed from /r/Bitcoin within 55-65min

World Best ASICs and Mining equipments in Bitindigi.com (Online Stock Monitoring, World Wide Fast Delivery) Don't miss EID AL ADHA 11% promotion until 15 AUG, Code is "EIDALDHA2019"
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Author: Bitindigiadv
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Joseph Young: "Samsung (yes Samsung) has entered production phase of ASIC miners and mining equipment specialized for bitcoin and cryptocurrency mining." (Twitter link, actual source in Korean)

Joseph Young: submitted by TheGreatMuffin to Bitcoin [link] [comments]

"Samsung will compete against Bitmain's ASIC chip supplier. It will use its foundry in its semi-conductor plant to manufacture bitcoin and cryptocurrency mining equipment. Important to note, Samsung has one of the largest semi-conductor plants."

submitted by xaudius to litecoin [link] [comments]

Cleaning and repairing antminer s9i from dust. As a part of technical service of our mining equipment we have done full repair and cleaning of Asic. This is how it looks inside: 3 hashboards, 1 main motherboard, 2 ventilators and metal box. /r/Bitcoin

Cleaning and repairing antminer s9i from dust. As a part of technical service of our mining equipment we have done full repair and cleaning of Asic. This is how it looks inside: 3 hashboards, 1 main motherboard, 2 ventilators and metal box. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Joseph Young: "Samsung (yes Samsung) has entered production phase of ASIC miners and mining equipment specialized for bitcoin and cryptocurrency mining." (Twitter link, actual source in Korean)

Joseph Young: submitted by BitcoinAllBot to BitcoinAll [link] [comments]

SCENARIO: You have $20K. Would you spend it all on mining equipment? GPU or ASIC? /r/Bitcoin

SCENARIO: You have $20K. Would you spend it all on mining equipment? GPU or ASIC? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

08-13 15:22 - 'You could donate some to a charity you believe in. You could buy ASIC mining equipment and mine more BTC to get richer. You could invest in some other businesses (restaurant, store, etc) or stocks. Or you could Buy gold and I w...' by /u/jefechi removed from /r/Bitcoin within 21-31min

'''
You could donate some to a charity you believe in. You could buy ASIC mining equipment and mine more BTC to get richer. You could invest in some other businesses (restaurant, store, etc) or stocks. Or you could Buy gold and I would highly recommend buying silver right now.
Also, you could help me pay my college tuition which is $1500 that financial aid won't cover :(
College fund: 1MMKbYv3yqx1m4RNwEjA5VYjR7tqCjp5vr
:D
'''
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Author: jefechi
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With the ASIC mining equipment having hit the 7 nm threshold, shouldn't mining get more decentralised steadily, as more players enter the mining field now? /r/Bitcoin

With the ASIC mining equipment having hit the 7 nm threshold, shouldn't mining get more decentralised steadily, as more players enter the mining field now? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

TerraHash : Avalon ASIC Based Bitcoin Mining Equipment

TerraHash : Avalon ASIC Based Bitcoin Mining Equipment submitted by marcodr13 to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] Joseph Young: "Samsung (yes Samsung) has entered production phase of ASIC miners and mining equip...

The following post by TheGreatMuffin is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7u0it7
The original post's content was as follows:
https://twitter.com/iamjosephyoung/status/958287126415593472
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[BitAxe.ca] ASIC Mining Equipment Manufacturer - JUST LAUNCHED!! - Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

Silicon Valley Startup to Sell ASIC Based Bitcoin Mining Equipment - Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

The current situation in crypto mining and crypto market

The current situation in crypto mining and crypto market
The March drop in the cost of bitcoin to a minimum of $ 3800 and the upcoming halving forced the manufacturers of mining devices to reduce the price of their products. In some cases, the equipment for mining has become cheaper by more than 20%. Most ASIC miners have already decreased in price since the end of last year, as they are valued based on the fact that the buyer will need an average of 15 months to return on their investment. Manufacturers adjust the cost of their devices based on this payback period in accordance with the bitcoin market rate and network complexity.
The situation was complicated by the halving in Bitcoin price, which will take place in May. The reward for the mined block in the bitcoin network was reduced by half, as a result, most devices became less profitable.
Earlier, Coin Metrics analysts said that many miners “capitulate” after the bitcoin halving. Experts said that current cryptocurrency price levels are “almost certainly” below the breakeven point for the least efficient miners. However, when this cycle ends, the industry should return to a healthier state, which, in turn, will positively affect the future growth of the value of the cryptocurrency.


Thus, mining became less profitable. However, if you realize that decentralized cryptocurrency is the future and you want to earn, you know what you need to do. Trade. Not only trading is a viable option, but also it is much more profitable than mining.
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submitted by SwapzillaSupport to SwapZilla [link] [comments]

New to.. Everything

Hi everyone,
I'm new to mining and not a techie in the least.. Looking for some advice.
I have made the decision to get into mining/transaction processing of cryptocurrencies, specifically Ether and Bitcoin. I am an economist/financial advisor and the more and more research I do, the more I'm reinforced I am about this space. After reading the Wiki (which is very informative, its a gem of an overview!), I'm kind of in a fog as to how to get going as I am clueless when it comes to technical terms and products in general. Can someone recommend what steps I should take? Books I can read? I live in an area with very low electrical costs. I'm also ready to collaborate if the right person comes along..
One question that I'm having a hard time getting answered (maybe its not possible): does the same rig to mine crypto also process transactions?
Hope to hear from you!
submitted by laxmaster3000 to EtherMining [link] [comments]

How can I get into mining bitcoin?

I cant afford all the equipment myself and I can't move to Albania or another place with low electricity costs. There must be a company I can invest in that does not look like a complete scam.
submitted by Mapumbu to Bitcoin [link] [comments]

RX5700 GPU mining rig vs ASIC miner A10 for Ethereum mining !?

RX5700 GPU mining rig vs ASIC miner A10 for Ethereum mining !?
https://preview.redd.it/9txedwr1wy251.jpg?width=1920&format=pjpg&auto=webp&s=e91116819600b605ffca6ce830fdd582d3965466
I want to clear out the air about Ethereum mining. The GPU mining vs Asic mining, is Ethereum now Asic mining Algorithm. Can RX5700 most efficient Graphic cards for ETH mining Compete with Asic miner A10.
For the last day i have been working on some stats and ROI for 2 types of investment for 12xGPU RX5700 MineBox 12 mining rig and Innosilicon A10 ETH ASIC miner. My goal was to let the data speak about it self and then make a decision what is better investment for ethereum mining GPU or ASIC. Im compering 2 most efficient miners :
  1. ASIC miner Innosilicon A10 , costs 3000usd(specs. 500mh/s at 860w)
  2. GPU miner MineBox12 , cost 4487euro ( specs 700mh/s at 1800w)
Miner price is about the average would it cost to you 12xGPU mining rig might cost you 100-300 cheaper if you would build one yourself. Innosilicon A10 would cost you lot more if you would like to import it out of China. Price would be closer to 3500euro + you would need to buy power-supply for it.
I have created google spreadsheet and inserted the GPU data and performance by the current currencies price and mining profitability. Included also my thoughts about advantages and disadvantages using GPU or Asic miner:

https://preview.redd.it/mojtvv7yvy251.jpg?width=1234&format=pjpg&auto=webp&s=f3384599287ea15a4b6f92ffb973a4019330bdca
Opinion based on mining profit data. We can see that MineBox 12 ROI if electric price is free or very cheap is faster then ASIC miner A10. And even at 0.10c a kw/h at current Ethereum price there is only 80day difference on Equipment payback time. But the biggest thing is for example when your miners are paid back your investment. You still are available to resell your MineBox 12 hardware for other use case or just mine different coins. Where with Innosilicon A10 you can throw it into bin as soon as ETHASH coins are not profitable to mine. This is the biggest downside of Asic miners. So to answer your question is ETH asic mining coin. My answer would be Yes ASIC miners are slightly more profitable , BUT they are not worth the risk you are getting by buying one. Also you can see clearly that GPU miners has lot more advantages then Asic miners. The difference on ETH miners are not so noticeable then like it was Bitcoin GPU vs ASIC mining. There is still profit to be made with GPUs mining ETH. If ETH switches to new POW ProgPOW , again another benefit for GPU rigs as the same GPUs are quite efficient mining ProgPow. Buying and Asic miner there is to much risk, saying from experience. Have lost a lot of money, my last adventure bought 5xAntminer S17 back in November and 4 of them hashing boards stopped working after 1st week. Not counting the previous purchases Antminer D3 etc..
Let me guys know what you think about this, would your rather use ASIC miner for mining ETH of GPU miner?
video : https://www.youtube.com/watch?v=YgVl7pDkkwg&feature=youtu.be
submitted by mineshop to gpumining [link] [comments]

I’m fairly new to all this

I’ve been systematically buying bitcoin over the last year. Now I’d like to start mining. I’ve been reviewing various ASICs and even found some mining software for my Linux computer. My question is, should I order the equipment and such, how do I actually go about the mining process? Also, would it be hasty to immediately start with an ASIC or should I start out mining via GPU? And if so, how would I go about the actual mining process.
submitted by d16moore to Bitcoin [link] [comments]

BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom

Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin mining ASIC machines from Chinese hardware producer Bitmain. The news made waves in the industry as the […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

New to Mining - Help me out!

I have been investing/trading in the crypto space since 2017 but never really learned the details of Mining.
One friend set me up with a list of parts that "would enable me to mine and game" for about $1500.
How do i know which specific coins I will be able to mine with this particular setup?
CPU: AMD Ryzen 9 3900X 3.8 GHz 12-Core
Motherboard: Asus TUF Gaming X570-Plus ATX AM4
Memory: Corsair vengeance LPX 16 GB DDR4-3000 Memory
Storage: Samsung 970 Evo 1 TB M.2-2280 NVME Solid State
Video Card: EVGA GeForce RTX 2060 Super 8 GB SC Ultra Gaming
Case: NZXT H510 ATX Mid Tower Case
Power Supply: EVGA SuperNOVA P2 750 W 80 - Platinum Certified Fuly Modular ATX Power Supply
submitted by BeneficialAsparagus7 to Bitcoin [link] [comments]

Bitcoin Mining

Can someone show me how to begin the process of mining a bitcoin? And I mean in layman's terms and jargon.
submitted by BBC2369 to Bitcoin [link] [comments]

Why Is Bitcoin Mining So Competitive - D-Central 100% ASIC Mining Could Increase Bitcoin Security! DIY Bitcoin Mining: Hardware (part1) Mute 90 gold asic bitcoin mining 1600W Modular PC Power Supply ATX Sou Switching Bitcoin to 100% ASIC Mining Could Increase Security 2000X

The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Bitcoin Mining Equipment. In addition to a Bitcoin mining ASIC, you’ll need some other Bitcoin mining equipment: Power Supply – Bitcoin rigs need special power supplies to funnel and use electricity efficiently. Cooling Fans – Bitcoin hardware can easily overheat and stop working. Buy a sufficient amount of cooling fans to keep your Bitmain Antminer S9 Bitcoin Miner 13TH ASIC Miner With APW3++ PSU Included NEW. 4.5 out of 5 stars. 19 product ratings 19 product ratings Innosilicon T2THF 28TH SHA-256 Bitcoin Miner BTC ASIC Mining machine t2t . $329.99. Brand: Innosilicon. Free shipping. or Best Offer. 6 watching. Watch. For a comprehensive comparison of bitcoin mining hardware. Best Bitcoin Mining Hardware. Two major factors go into determining the best bitcoin mining hardware: (1) cost and (2) electricity efficiency. Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot. ASIC Bitcoin Mining Hardware Given the payback period, as well as the prospects of SHA-256 algorithm and the demand for Bitcoin, this ASIC can still be considered as a budget entry to mining cryptocurrency. Antminer R4 ASIC miner Antminer R4 is a product of the well-known manufacturer Bitmain, featuring a high hashrate of up to 8.7 TX/s and relatively low power consumption

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Why Is Bitcoin Mining So Competitive - D-Central

The wholesale embrace of Application Specific Integrated Circuits mining for Bitcoin could increase the cost of a 51% attack by a factor of up to 2000. SPONSORED BY SWAN BITCOIN - https ... asic bitcoin free fast bitcoin mining top bitcoin mining free bitcoin mining 2018 legit bitcoin mining mining hardware btc cloud mining. Loading... Mute 90 gold asic bitcoin mining 1600W Modular PC Power Supply ATX Source PWM for Graphics card RX470 570 580 1080 LTC XMR ETC Check here: https://getdetai... Best USED OLD Innosilicon T2T 30T sha256 asic miner T2 Turbo 30Th/s bitcoin BTC Mining machine with psu Better Than Antminer S9 z9 b7 Price: $328 Discount: 6% Obtain the Special Price HERE ... mining bitcoin ethereum, mining bitcoin explained, mining bitcoin electricity cost, mining bitcoin equipment, mining bitcoin energy consumption, mining bitcoin energy, mining bitcoin eli5, mining ...