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If your aim is to make money and it somehow relates to Bitcoin, mining it yourself is not a good investment. Attempting Bitcoin mining with that computer, using CPU s, would not be effective, at all. There is an inherent software issue that was built into Bitcoin production. Once a certain number of block chains have been figured out, the difficulty increases at…
This is the first open source FPGA Bitcoin miner. It was released on May 20, 2011. Software needed Currently programming and running the FPGAminer code requires Quartus II for Altera devices and Xilinx ISE Webpack for Xilinx devices. Quartus is 32bit only. The free ISE Webpack does not work on devices larger then Spartan6 LX75. Altera The compile the code on an different…
Could this Midwestern data center become the largest Bitcoin mine in the world? The grocery store at an intersection near the high school in my hometown of Bettendorf, Iowa was vacated after the company filed bankruptcy in 2, and shortly thereafter faded into a run-down meeting place for teens to smoke pot and skateboard. When I came back to visit recently, I found…
The short answer is cloud-hashing is not profitable as you might expect. You can still generate profit but its value is minuscule compared to the investment. To concretely answer this question, I m going to share with you a model I developed to calculate profit from the cloud-hasing service (bit-miner.com). The Investment I bought a total of 30 shares for an investment…
The purpose of the following statement is designed only to give information to our users about our choice to suspend our services. During the past several months Bitcoin Co. Ltd., in Thailand, has been in the process of registering with the various Thai government agencies in order to operate in a lawful manner. Included in this due diligence was to reach out to the…
Sweden-based bitcoin mining firm KnCMiner, a startup that has raised $32m in venture funding from investors including Accel and Creandum, has declared bankruptcy. Once one of the industry s fastest-growing mining firms, the bankruptcy filing and entrance into receivership marks a new and perhaps penultimate phase for KnC, which was founded in 2013 and has drawn fire…
The fight for the next generation of the bitcoin platform just took an unexpected twist: Antpool, the world’s largest bitcoin miner, has backed Bitcoin Unlimited’s proposal along with a number of other high-profile miners. Bitcoin Unlimited, first proposed by Roger “Bitcoin Jesus” Ver, is a bitcoin fork proposal that would remove the blocksize limit on the bitcoin…
Bitcoin: some think it will revolutionize currency, others think it’s nothing more than a Ponzi scheme. The worth of the open source cryptocurrency has fluctuated significantly since it was first introduced – mostly losing value. Nonetheless, a surprising number of major corporations have begun accepting payments for products in Bitcoin. A Wired.com article encouraged…
As you’ve noticed from looking at the links just above, the options vary wildly in terms of both price and versatility. The ASICMiner Block Erupter is something you could reasonably buy as a present for an interested teenager or young adult, while the 21 Inc. Bitcoin Computer costs as much as a low-end tablet computer. The difference isn’t just in their relative mining…
As in the all other Computational System We are struggling with heating issue. In order to resolve this issue (Since most of the CPU s are not operating above certain temperatures.) there are gigantic coolers in Data Centers, Or Liquid Cooling System in PCs or some Geeks such as us are using Liquid Nitrogen for Benchmark Overclocks, even baby oil ! Despite the fact…
By now you may well think that I am against crypto-currencies, yet the truth is that I want very much to see this digital form of decentralized currency to finally be stabilized, become fully reliable and widely used, especially in regions that really need a parallel currency fact that may result in a fairer market. Crypto-currencies have offered a lot so far in the…
