This is a basic dashboard application (see screenshot) I wrote for a friend of mine. It s intended for use with Slush s BitcoinCZ Mining Website at https://mining.bitcoin.cz. You must have your API Key in order to use it. I recommend copy and pasting it, because it s easier.. open the bitcoin.cz webpage and copy the api key and then launch this app. It shows…
So while KNC just dropped news about the fastest scrypt miners goign out within a week – 300mhs Titans we will speak about KNC Neptunes – the faster sha256 miner on the planet for now. Batch2 just dropped few weeks ago yet seems some peopel had unusual issues. Ive reached them and compiled this article with full KNC Neptune Troubleshooting. KNC Neptune 3th Miner…
Rather than working towards a centralized mining solution, I think we should focus our early efforts on a decentralized solution: p2pool. Zcashd, p2pool, and a standalone miner will all run on the same machine (no third party server needed). Not only does this prevent centralization of mining, but every miner will also be a full node. To achieve this we need…
The reward for mining Bitcoin is expected to see the second halving in its history later this year, potentially in June or July. Bitcoin, a deflationary store of value as opposed to reserve currencies and fiat-money, has had its total supply limited to 21 million bitcoins since the original code released by Satoshi Nakamoto in 2008. Unlike fiat currencies that…
The week after bitcoin mining reward halving, ForkLog decided to compile a short overview on the history of mining methods. Generally speaking, bitcoin mining is a process of cryptographic calculations. As we know, bitcoins are mined in blocks, and the more there are generated coins altogether, the smaller is the block size. Initially, a block was just 50 BTC…
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential to verifying transactions on the hottest new platform in the world of cryptocurrencies and…
As per the market conditions you may earn 8–10% (per month) of your investments. But, I would not suggest you investing your hard earned money into bitcoin mining. Instead, you can go for mining of alt-coins such as Litecoin, Dogecoin, Dashcoin etc. Now, There must be a reason behind my suggestion. Right? Below I m outlining some of the reasons of why you should…
Throughout the history of bitcoin, there have been numerous cloud mining scams. That is anything but surprising, considering a lot of cryptocurrency holders are looking to increase their bitcoin holdings by putting in as little effort as possible. Unfortunately, this also means quite a few people lost money by investing in bitcoin cloud mining scams, including…
A new mining pool, called GBMiners, has emerged with nearly 5 percent of the Bitcoin network’s hashpower. It is the largest mining pool outside of China and the first to be based in India. India, which represents the world’s biggest remittance market with over $69.97 bln worth of payments received in 2013, is considered one of the fastest growing Bitcoin markets…
This is really depends on your current economic situation, and how much electricity is in your area. I have been mining for 3 years plus now, up to almost 800TH (800, GH/S). My advice start NOW, if you are going to do it. Buy a Antminer S9, NEW or USED on Amazon as you get great buyer protection. If you own your home, install a Power Saving device like KillaWattBox™…
Photo: Unicorn of Monoceros © Christian Riese Lassen; 731 Joel Flickinger’s two-bedroom home in the hills above Oakland, Calif., hums with custom-built computing gear. Just inside the front door, in a room anyone else might use as a den, he’s placed a desk next to a fireplace that supports a massive monitor, with cables snaking right and left toward two computers…
HaoBTC, one of the biggest miners with around 110 Petahash, controlling slightly more than 4% of bitcoin’s network, has launched a new hashrate exchange where you can buy or sell part of Bitcoin’s mining network with a minimum purchase of 1 Terahash. According to Xiong “Tyler” Yue, Vice President of HaoBTC, they have already sold 10 Petahash in just five days…
For anybody that hasn’t already been acquainted with Bitcoin, it certainly is a little overwhelming in the beginning. Many companies that are trying to make a stand in the blockchain space have taken note of this and are trying to build on the user experience side to get more and more people into using Bitcoin, not just mine them leading most unsuspecting customers…
It just became significantly harder to mine Bitcoins. The halving event rolled around yesterday, July 9, and means that the reward for mining just dropped by 50 percent. The cryptocurrency is generated by machines around the world mining for new bitcoins. Rewards of bitcoins are handed out for giving over computing power to process bitcoin transactions. It…
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…
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…
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…
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…
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…
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…
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…
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…
Bitcoin mining is a process which has the following actions Transactions are verified Transactions are added to the public ledger (known as the block chain) New bitcoins are released Besides internet and suitable hardware you must for it to work. This is a pooled mining service that allows multiple users to work together to mine Bitcoins and is hosted on online…
Take a look at the following calculations: There’s an of more or less 3, 600 BTC gained from mining each day. The hashrate is currently about 480, , GH/s. Thus, the expected Bitcoins/month with 1 GHS can be calculated this way: 1 GHS/overall network hashrate * Bitcoins generated per day * 31 day 1GHS / 480*10^6 GHS * 3600 BTC per day * 31day = Meanwhile, 1 GHS…
Rob Wile/Business Insider Mining a Bitcoin, which involves directing large amounts of computing power at solving complex equations, doesn t come cheap. We recently told you about the gonzo sales Stockholm-based KnCMiner saw on Black Friday for its Neptune device, set to be the most powerful Bitcoin mining device in the world when it s released. It won t be available…
21 Inc released new details today confirming that its market strategy will focus on distributing bitcoin mining chips embedded in consumer and enterprise hardware devices. The formal announcement comes soon after a CoinDesk report that first revealed the startup s ambitions to use such products to promote the use of bitcoin for micropayments and as a means of…
A few days ago it was revealed that numerous European users of Yahoo, as many as two million, had gotten infected with malware from virus-laden ads served by Yahoo s homepage during the period from December 31 to January 3. The company admitted as much when it revealed that From December 31 to January 3 on our European sites, we served some advertisements that…
