Antrouter R1 Review - Antminer's Wireless Miner

I want to be more involved with bitcoin as long term investment. Is it still worth it to start mining this late in the game?

I was thinking of purchasing a small ASIC miner,http://products.butterflylabs.com/homepage/4-5gh-bitcoin-miner.html
once the new mining products are released, the market will be flooded with gigahash. Will I be able to make my money back within a year? or should i just buy bitcoins outright?
Also, what kind of computing power do I need if I have such a product?
submitted by justhelip to Bitcoin [link] [comments]

Did I just do something really stupid?? Bought new Mobo and case to reactivate 4 5870s

I still had 4 5870s kicking around, so I thought I could reactivate them. Went to the next store and ordered a shiny new mobo with 6 PCIe slots, CPU and a case for the whole thing.
Now, I have been catching up a bit and saw that ASICs are all the rage. With my gear I should get about 1.2gh/s... at the same time you have these:
https://products.butterflylabs.com/homepage/4-5gh-bitcoin-miner.html
What gives? Is this really happening? GPU mining dead with this?
submitted by farox to Bitcoin [link] [comments]

Are mining rigs worth it?

Hey there! I recently saw this mining rig : https://products.butterflylabs.com/homepage/4-5gh-bitcoin-miner.html
And put it in a calculator with Dutch electricity prices, and found that in 120 days, the thing would be repaid, and a ~113$ profit is made, and then every 90 days that profit is made. Is this the actual result? Because if so, isn't it very profitable to invest in alot of these things? I want to invest in a mining rig and was wondering if this is actual, or if I'm making some stupid mistake here. Thanks!
submitted by Boelens to BitcoinMining [link] [comments]

Is it profitable to make a rig out of my old HD5850? and another question about bought mining rigs.

So i recently got a new GTX660, so my old HD5850 isnt necessary anymore. and i have it lying around, so would it be possible/profitable to use something from old computers that i have lying around to build a rig with as low power consumption as possible? and what about if i bought This and plugged it into an old computer or a raspberry pi? would that work?
submitted by 1337jokke to Bitcoin [link] [comments]

Is this worth buying considering I have free electricity?

Started looking into bitmining again since I just got a new (gaming) system. Started getting artifacts and decided it to stop it incase I was damaging my new 7950.
Is this worth buying https://products.butterflylabs.com/homepage/4-5gh-bitcoin-miner.html considering I will have free electricity for the next year?
submitted by CitizenSmif to BitcoinMining [link] [comments]

Is it still worth to buy the butterfly labs Jalapeno?

is it still worth it to but the Jalapeno ? i can get the unit delivered next week.
https://products.butterflylabs.com/4-5gh-bitcoin-miner.html
Please enlighten me!
submitted by Maffiossso to Bitcoin [link] [comments]

Hi. I am going to start bitcoin mining but I would like some more info first

I am thinking about getting this: http://products.butterflylabs.com/homepage/4-5gh-bitcoin-miner.html. Can someone explain exactly how this will work? I plug it in, it does calculations, I get bitcoins, and I can exchange them for money? Or am I misunderstanding something
Thanks for the info!
submitted by louvillian to Bitcoin [link] [comments]

Jalapeno 5gh/s miner bitcoin sha

Ho to all, i have a problem with this miner, everytime when i Power on, the status led Blink so Fast, and dont stop, when It happen bfgminer not recognize the miner, i have ti switch in and off many times before the miner Will recognize.
submitted by Gibu2004 to ASICMiner [link] [comments]

5 more (I already have 2) 2.5Gh/S Blue Fury ASIC USB bitcoin miners off ebay for pretty cheap

5 more (I already have 2) 2.5Gh/S Blue Fury ASIC USB bitcoin miners off ebay for pretty cheap submitted by brainguy to drunken_purchases [link] [comments]

Butterfly Labs BFL 5 GHash ASIC Bitcoin miner - Tested and working at 5GH/s

Butterfly Labs 5GH/s ASIC Bitcoin Miner.
PRICE: 3.5 BTC
Let run for a few hours as quality check and, got 5.3GH/s on average.
IMAGE LINK FOR PROOF: http://i40.tinypic.com/1zcpdnc.png
INCLUDES Free Coffee Mug 5 GH/s Bitforce SCTM (ASIC) Miner USB to mini USB Cable Power Adapter (110v-240v) International ORIGINAL BOX All BitForce SCTM product warranties.
Circuit Board: Lifetime of the product line or minimum of 1-year
Fan & Power Supply: 1-year Warranty
FREE Shipping
To purchase: send payment to this address - 1AvbHuWbQneAxzHy1XBpvk16T8KeyXJBek and pm me afterwards.
submitted by fracta15 to BitMarket [link] [comments]

I asked for some computer parts to mine dogecoin. Instead my dad randomly googled and bought me an ASIC bitcoin 5Gh/s miner....

I asked for some computer parts to mine dogecoin. Instead my dad randomly googled and bought me an ASIC bitcoin 5Gh/s miner.... submitted by ibayibay1 to dogecoin [link] [comments]

[uncensored-r/Bitcoin] Are the old BFL 5gh miners collectors items yet?

The following post by Maxxit is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7ogh87
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

5GH/s (5000Mh/s)BiFury Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbifury-miner/

5GH/s (5000Mh/s)BiFury Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbifury-mine submitted by duetschpire to cryptothrift [link] [comments]

[WTS] 7 Liquid Synergy Designs Klondike F16's 5.5Gh/s - 8GH/s Overclocked Bitcoin miners for sale. $300 each or best offer

Hey I currently have 7 5.5GH/s-8GH/s miners for sale up on ebay that I just got from steamboat on bitcointalk, you can check them out on my ebay posting here: http://www.ebay.com/itm/111210563795?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1558.l2649 I can also PM you my contact # and show these miners hashing over Google+ if you like.
submitted by defconoi to BitMarket [link] [comments]

5GH/s (5000Mh/s)BitFury Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbitfury-miner-2/

5GH/s (5000Mh/s)BitFury Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbitfury-miner-2/ submitted by duetschpire to cryptothrift [link] [comments]

5GH/s (5000Mh/s)BiFury BITCOIN Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbifury-bitcoin-miner/

5GH/s (5000Mh/s)BiFury BITCOIN Miner is for sale on cryptothrift.com for Bitcoin and Litecoin https://cryptothrift.com/auctions/crypto-mining-asic/5ghs-5000mhsbifury-bitcoin-mine submitted by duetschpire to cryptothrift [link] [comments]

Bitcoin Mining Profitability: How Long Does it Take to Mine One Bitcoin in 2019?

When it comes to Bitcoin (BTC) mining, the major questions on people’s minds are “how profitable is Bitcoin mining” and “how long would it take to mine one Bitcoin?” To answer these questions, we need to take an in-depth look at the current state of the Bitcoin mining industry — and how it has changed — over the last several years.
Bitcoin mining is, essentially, the process of participating in Bitcoin’s underlying security mechanism — known as proof-of-work — to help secure the Bitcoin blockchain. In return, participants receive compensation in bitcoins (BTC).
When you participate in Bitcoin mining, you are essentially searching for blocks by crunching complex cryptographic challenges using your mining hardware. Once a block is discovered, new transactions are recorded and verified within the block and the block discoverer receives the block rewards — currently set at 12.5 BTC — as well as the transactions fees for the transactions included within the block.
Once the maximum supply of 21 million Bitcoins has been mined, no further Bitcoins will ever come into existence. This property makes Bitcoin deflationary, something which many argue will inevitably increase the value of each Bitcoin unit as it becomes more scarce due to increased global adoption.
The limited supply of Bitcoin is also one of the reasons why Bitcoin mining has become so popular. In previous years, Bitcoin mining proved to be a lucrative investment option — netting miners with several fold returns on their investment with relatively little effort.
bitcoin mining hardware
Mining Hardware
The mining hardware you choose will mostly depend on your circumstances — in terms of budget, location and electricity costs. Since the amount of hashing power you can dedicate to the mining process is directly correlated with how much Bitcoin you will mine per day, it is wise to ensure your hardware is still competitive in 2019.
Bitcoin uses SHA256 as its mining algorithm. Because of this, only hardware compatible with this algorithm can be used to mine Bitcoin. Although it is technically possible to mine Bitcoin on your current computer hardware — using your CPU or GPU — this will almost certainly not generate a positive return on your investment and you may end up damaging your device.
The most cost-effective way to mine Bitcoin in 2019 is using application-specific integrated circuit (ASIC) mining hardware. These are specially-designed machines that offer much higher performance per watt than typical computers and have been an absolutely essential purchase for anybody looking to get into Bitcoin mining since the first Avalon ASICs were shipped in 2013.
When it comes to selecting Bitcoin mining hardware, there are several main parameters to consider — though the importance of each of these may vary based on personal circumstances and budget.
Performance per Watt
When it comes to Bitcoin mining, performance per watt is a measure of how many gigahashes per watt a machine is capable of and is, hence, a simple measure of its efficiency. Since electricity costs are likely to be one of the largest expenses when mining Bitcoin, it is usually a good idea to ensure that you are getting good performance per watt out of your hardware.
Ideally, your mining hardware would be highly efficient, allowing it to mine Bitcoin with lower energy requirements — though this will need to be balanced with acquisition costs, as often the most efficient hardware is also the most expensive. This means it may take longer to see a return on investment.
In countries with cheap electricity, performance per watt is often less of a concern than acquisition costs and price-performance ratio. In most countries, operating outdated mining hardware is typically cost prohibitive, as energy costs outweigh the income generated by the mining equipment.
However, this may not be the case for those operating in countries with extremely cheap electricity — such as Kuwait and Venezuela — as even older equipment can still be profitable. Similarly, miners with a free energy surplus, such as from wind or solar electric generators, can benefit from the minimal gains offered by still running outdated hardware.
Longevity
The lifetime of mining hardware also plays a critical role in determining how profitable your mining venture will be. It’s always a good idea to do whatever possible to ensure it runs as smoothly as possible.
Since mining equipment tends to run at a full (or almost full) load for extended periods, they also tend to break down and fail more frequently than most electronics — which can seriously damage your profitability. Equipment failure is even more common when purchasing second-hand equipment. Since warranty claims are often challenging, it can often take a long time to receive a warranty replacement.
Price-Performance Ratio
In many cases, one of the major criteria used to select mining hardware is the price-performance ratio — a measure of how much performance a machine outputs per unit price. In the case of cryptocurrency mining hardware, this is commonly expressed as gigahashes per dollar or GH/$.
Under ideal circumstances, the mining hardware would have a high price-performance ratio, ensuring you get a lot of bang for your buck. However, this must also be considered in combination with the acquisition costs and the expected lifetime of the machine — since the absolute most powerful machines are not always the cheapest or the most energy efficient.
Acquisition Costs
Acquisition costs are almost always the biggest barrier to entry for most Bitcoin miners since most top-end mining hardware costs several thousand dollars. This problem is further compounded by the fact that many hardware manufacturers offer discounts for bulk purchases, allowing those with deeper pockets to achieve a better price-performance ratio.
Acquisition costs include all the costs involved in purchasing any mining equipment, including hardware costs, shipping costs, import duties, and any further costs. For example, many ASIC miners do not include a power supply — which can be another considerable expense, since the 1,000W+ power supplies usually required tend to cost several hundred dollars alone.
Ensuring your equipment runs smoothly can also add in additional costs, such as cooling and maintenance expenses. In addition, some miners may want to invest in uninterruptible power supplies to ensure their hardware keeps running — even if the power fails temporarily.
asic mining
Current Generation Hardware
One of the most recent additions to the Bitcoin mining hardware market is the Ebang Ebit E11++, which was released in October 2018. Using a 10nm fabrication process for its processors, the Ebit E11++ is able to achieve one of the highest hash rates on the market at 44TH/s.
In terms of efficiency, the Ebang Ebit E11++ is arguably the best on the market, offering 44TH/s of hash rate while drawing just 1,980W of power, offering 22.2GH/W performance. However, as of writing, the Ebang Ebit E11++ is out of stock until March 31, 2019 — while its price of $2,024 (excluding shipping) may make it prohibitively expensive for those first getting involved with Bitcoin mining.
Another popular choice is the ASICminer 8 Nano, a machine released in October 2018 that offers 44TH/s for $3,900 excluding shipping. The ASICminer 8 Nano draws 2,100W of power, giving it an efficiency of almost 21GH/W — slightly lower than the Ebit E11++ while costing almost double the price. However, unlike the E11++, the 8 Nano is actually in stock and available to purchase.
ASICminer also offers the 8 Nano Pro, a machine launched in mid-2018 that offers 80 TH/s of hash rate for $9,500 (excluding shipping). However, unlike the Ebit E11++ and 8 Nano, the minimum order quantity for the 8 Nano Pro is curiously set at five, meaning you will need to lay out a minimum of $47,500 in order to actually get your hands on one (or five).
While the 8 Nano Pro doesn’t offer the same performance per watt as the Ebit E11+ or AICMiner 8 Nano, it is one of the quieter miners on this list, making it more suitable for a home or office environment. That being said, the ASICminer 8 Nano Pro is easily the most expensive miner per TH on this list — costing a whopping $118.75/TH, compared to the $46/TH offered by the E11++ and $88.64 offered by the 8 Nano.
The latest hardware on this list is the Innosilicon T3 43T, which is currently available for pre-order at $2,279, and estimated to ship in March 2019. Offering 43TH/s of performance at 2,100W, the T3 43T comes in at an efficiency of 20.4GH/W, which is around 10 percent less energy efficient than the Ebit E11++.
The T3 43T also has a minimum order quantity of three units, making the minimum acquisition cost $6837 + shipping for preorders. All in all, the T3 43T is more costly and less efficient than the E11++ but may arrive slightly earlier since Ebang will not ship the E11++ units until at least end March 29, 2019.
Finally, this list would not be complete without including Bitmain’s latest offering, the Antminer S15-28TH/s, which — as its name suggests — offers 28TH/s of hash power while drawing just under 1600W at the wall. The Antminer S15 is one of the only SHA256 miners to use 7nm processors, making it somewhat smaller than some of the other devices on this list.
Like most pieces of top-end Bitcoin mining hardware, the Antminer S15 27TH/s model is currently sold out, with current orders not shipping until mid-February 2019. However, the S15 is offered at a significantly lower price than many of its competitors at just $1020 (excluding shipping), with no minimum quantity restriction. At these rates, the Antminer comes in at just $37.78/TH — though its energy efficiency is a much less impressive 17.5GH/W.
Mining Hardware Mining Hardware Comparison
Performance (GH/W) Price Performance Ratio ($/TH)
Ebang Ebit E11++ 22.2GH/W $46/TH
ASICminer 8 Nano 21GH/W $88.64/TH
ASICminer 8 Nano Pro 19GH/W $118.75/TH
Innosilicon T3 43T 20.4GH/W $53/TH
Antminer S15-28TH/s 17.5GH/W $37.78/TH
How To Select a Good Mining Pool
Mining pools are platforms that allow miners to pool their resources together to achieve a higher collective hash rate — which, in turn, allows the collective to mine more blocks than they would be able to achieve alone.
Typically, these mining pools will distribute block rewards to contributing miners based on the proportion of the hash rate they supply. If a pool contributing a total of 20 TH/s of hash rate successfully mines the next block, a user responsible for 10 percent of this hash rate will receive 10 percent of the 12.5 BTC reward.
Pools essentially allow smaller miners to compete with large private mining organizations by ensuring that the collective hash rate is high enough to successfully mine blocks on regular basis. Without operating through a mining pool, many miners would be unlikely to discover any blocks at all — due to only contributing a tiny fraction of the overall Bitcoin hash rate.
While it is quite possible to be successful mining without a pool, this typically requires an extremely large mining operation and is usually not recommended — unless you have enough hash rate to mine blocks on a regular basis.
Although it is technically possible to discover blocks mining solo and keep the entire 12.5 BTC reward for yourself, the odds of this actually occurring are practically zero — making pool collaboration practically the only way to compete in 2019 and beyond.
Selecting the best pool for you can be a challenging job since the vast majority of pools are quite similar and offer similar features and comparable fees. Because of this, we have broken down the qualities you should be looking for in a new pool into four categories; reputation, hash rate, pool fees, and usability/features:
Reputation
The reputation of a pool is one of the most important factors in selecting the pool that is best for you. Well-reputed pools will tend to be much larger than newer or less well-established pools since few pools with a poor reputation can stand the test of time.
Well-reputed pools also tend to be more transparent about their operation, many of which provide tools to ensure that each user is getting the correct reward based on the hash rate contributed. By using only pools with a great reputation, you also ensure your hash rate is not being used for nefarious purposes — such as powering a 51 percent attack.
When comparing a list of pools that appear suitable for you, it is a wise move to read their user reviews before making your choice — ensuring you don’t end up mining at a pool that steals your hard-fought earnings.
Hash Rate
When it comes to mining Bitcoin, the probability of discovering the next block is directly related to the amount of hashing power you contribute to the network. Because of this, one of the major features you should be considering when selecting your pool is its total hash rate — which is often closely related to the proportion of new blocks mined by the pool
Since the total hash rate of a pool is directly related to how quickly it discovers new blocks, this means the largest pools tend to discover a relative majority of blocks — leading to more regular rewards. However, the very largest pools also tend the have higher fees but often make up for this with sheer success and additional features.
Sometimes, some of the largest pools have a minimum hash rate requirement ù leaving some of the smaller miners left out of the loop. Although smaller pools typically have more relaxed requirements with reduced performance thresholds, these pools may be only slightly more profitable than mining solo.
Pool Fees
When choosing a suitable pool, typically one of the major considerations is its fees. Typically, most pools will charge a small fee that is deducted from your earnings and is usually around 1-2 percent — but sometimes slightly lower or higher.
There are also pools that offer 0 percent fees. However, these are often much smaller than the major pools and tend to make their money in a different way — such as through monthly subscriptions or donations.
Ideally, you will choose the pool that offers the best balance of fees to other features. Usually, the pool with the absolute lowest fees is not the best choice. Additionally, pools with the lowest fees often have the highest withdrawal minimums — making pool hopping uneconomical for most.
Usability and Features
When first starting out with Bitcoin mining, learning how to set up a pool and navigating through the settings can be a challenge. Because of this, several pools target their services to newer users by offering a simple to navigate user interface and providing detailed learning resources and prompt customer support.
However, for more experienced miners, simple pools don’t tend to offer a variety of features needed to maximize profitability. For example, although many mining pools focus their entire hash rate towards mining a single cryptocurrency, some are large enough to offer additional options — allowing users to mine other SHA256 coins such as Bitcoin Cash (BCH) or Fantom if they choose.
These pools are technically more challenging to use and mostly designed for those familiar with mining, happy to hop from coin to coin mining whichever is most profitable at the time. There are even some exchanges that automatically direct their combined hash rate at the most profitable cryptocurrency — taking the guesswork out of the equation.
bitcoin mining pool
Best Mining Pools for 2019
The Bitcoin mining pool industry has a large number of players, but the vast majority of the Bitcoin hash rate is concentrated within just a few pools. Currently, there are dozens of suitable pools to choose from — but we have selected just a few of the best to help get you started on your journey.
Slushpool was the first Bitcoin mining pool released, being launched way back in 2010 under the name “Bitcoin Pooled Mining Server.” Since then, Slushpool has grown into one of the most popular pools around — currently accounting for just under 10 percent of the total Bitcoin hash rate.
Although Slushpool isn’t one of the very largest pools, it does offer a newbie-friendly interface alongside more advanced features for those that need them. The pool has moderately high fees of 2 percent but offers servers in several countries — including the U.S., Europe, China, and Japan — giving it a good balance of fees to features.
BTC.com is another potential candidate for your pool and currently stands as the largest public Bitcoin mining pool. It is responsible for mining around 17 percent of new blocks. Being the largest public mining pool provides users with a sense of security, ensuring blocks are mined regularly and a stable income is made.
Image courtesy of Blockchain.info.
BTC.com is owned by Bitmain, a company that manufacturers mining hardware, and charges a 1.5 percent fees — placing it squarely in the middle-tier in terms of fees. Unlike other platforms, BTC.com uses its own payment structure known as FPPS (Full Pay Per Share), which means miners also receive a share of the transaction fees included within mined blocks — making it slightly more profitable than standard payment per share (PPS) pools.
Another great option is Antpool, a mining pool that supports mining services for 10 different cryptocurrencies, including Bitcoin, Litecoin (LTC) and Ethereum (ETH). AntPool frequently trades places with BTC.com as the largest Bitcoin mining pool. However, as of this writing, it occupies the title of the third-largest public mining pool.
What sets Antpool apart from other pools is the ability to choose your own fee system — including PPS, PPS+, and PPLNS. If you choose PPLNS, using Antpool is free but you will not receive any transaction fees from any blocks mined. Antpool also offers regular payouts and has a low minimum payout of just 0.001 BTC, making it suitable for smaller miners.
Last on the list of the best Bitcoin mining pools in 2019 is the Bitcoin.com mining pool. Although this is one of the smaller pools available, the Bitcoin.com pool has some redeeming features that make it worth a look. It offers mining contracts, allowing you to test out Bitcoin mining before investing in mining equipment of your own. According to Bitcoin.com, they are the highest paying Pay Per Share (PPS) pool in the world, offering up to 98 percent block rewards as well as automatic switching between BTC and BCH mining to optimize profitability.

Electricity Costs
While your mining hardware is most important when it comes to how much BTC you can earn when mining, your electricity costs are usually the largest additional expense. With electricity costs often varying dramatically between countries, ensuring you are on the best cost-per-KWh plan available will help to keep costs down when mining.
Most commonly, large mining operations will be set up in countries where electricity costs are the lowest — such as Iceland, India, and Ukraine. Since China has one of the lowest energy costs in the world, it was previously the epicenter of Bitcoin mining. However, since the government began cracking down on cryptocurrencies, it has largely fallen out of favor with miners.
Technically, Venezuela is one of the cheapest countries in the world in terms of electricity, with the government heavily subsidizing these energy costs — while Bitcoin offers an escape from the hyperinflation suffered by the Venezuelan bolivar. Despite this, importing mining hardware into the country is a costly endeavor, making it impractical for many people.
Finding ways to lower your electricity costs is one of the best ways to improve your mining profitability. This can include investing in renewable energy sources such as solar, geothermal, or wind — which can yield increased profitability over the long term.
if you are looking to buy bitcoin mining equipment here is some links:

Model Antminer S17 Pro (56Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 56Th/s for a power consumption of 2385W.
https://miningwholesale.eu/product/bitmain-antminer-s17-pro-56th-copy/?wpam_id=17
Model Antminer S9K from Bitmain mining SHA-256 algorithm with a maximum hashrate of 14Th/s for a power consumption of 1323W.
https://miningwholesale.eu/product/bitmain-antminer-s9k-14-th-s/?wpam_id=17
Model T2T 30Tfrom Innosilicon mining SHA-256 algorithm with a maximum hashrate of 30Th/s for a power consumption of 2200W.
https://miningwholesale.eu/product/innosilicon-t2t-30t/?wpam_id=17
mining wholesale website:
https://miningwholesale.eu/?wpam_id=17
submitted by mohamadk to Bitcoin [link] [comments]

Is non-ASIC mining dead or alive?

I keep reading conflicting comments in this sub-reddit.
Almost every post has some people saying go ASIC or go home, but there's still a very active part of this community that talks about building rigs.
So what's the deal?
submitted by eltonjock to BitcoinMining [link] [comments]

Tera Hash Rate is going to explode. What happens afterwards?

Bought myself a 5GH/s BFL miner. Not expecting to see it until June. Numbers like this make me fear even wanting to connect that device to my PC when I get it... Will it even be worth mining without a Mini Rig SC or Avalon at that point?
" In the next few months, Bitcoin network hashpower will only continue to increase. Avalon’s three shipments altogether will make up a total of 1500 units, or over 75 TH/s, and ASICMiner is planning 50 TH/s by the end of April, and 200 TH/s soon after. By the end of the year, ASICMiner’s friedcat writes on Bitcointalk, ASICMiner’s total hashpower may be as high as 1000 TH/s, and friedcat even adds that “some may say that 1,000TH/s at the end of this year is too conservative.” "
Link to article hosting this quote: http://bitcoinmagazine.com/bitcoin-developer-receives-first-butterfly-labs-asic/
submitted by goldhaxx to Bitcoin [link] [comments]

MAD Doge - Market Analysis 1/18/2014 (Afternoon Edition) - Such Mining

After days of a somewhat stable market, one thing has gone to a dog eat Doge world and that is mining.

What happened to mining?

Where will the price go?

What we must recall is that DogeCoin, as with the Doge meme is highly affected by the hype behind it

What's the short-term outcome?

Halving - The Rocket Booster

News:

I'll end this with a question: Who do you think should start accepting DogeCoin?
SHIBE ON!
submitted by DRKMSTR to MADDOGE [link] [comments]

USB ASIC Miner 5GH/s

Hi Everyone,
Im new to mining and have been playing around with using my GPU in my home computer. Which gets a terrible hashrate, between 40-50 MH/s. I've been mining through guiminer and slushpool so far as well.
Im curious about the 5GH/s USB ASIC miners from Butterfly labs. Has anyone used one? Will the 5GH/s have a worthy return?
Also looking to get some feed back on using one of these for pool mining.
Any feedback in general on these devices would be appreciated before I send off almost $300. Even if there are better USB ASIC miners for the price.
Product in question
submitted by Syntackz to BitcoinMining [link] [comments]

Should I get the BFL 5gh/s miner?

Hello everyone, I'm a complete noobie to bitcoin mining and I was wondering if the BFL 5gh/s miner is worth it. I live in Hawaii and i'm wondering how long it will take to ship here.
submitted by m0dz to BitcoinMining [link] [comments]

Bi Fury USB Bitcoin miner asic 5gh/s showcase Butterfly Labs 5 GH/s ASIC Bitcoin mining rig, the Jalapeno Part 1 BUTTERFLYLABS 5 GH/s Bitcoin Miner (

Butterfly Labs 5GH/s Miner. So I was poking around on various bitcoin and other crypto currency mining sites and found out about a company called Butterfly Labs that produces units with chips specifically designed to mine bitcoin. The cheapest unit generating an average of 5GH/s give or take 10% valued at only 274$! GekkoScience NewPac 130Gh/s+ USB Bitcoin / SHA256 Stick Miner Most Efficient, Powerful USB Miner on Market 3.8 out of 5 stars 19. It comes stock at 100mhz and that gets you 8.5GH for mining. I upped it to 125mhz and got a very stable (0 HW errors) 13GH. At 150mhz it is a little unstable, but you are getting 15GH. Live income estimation updated every minute. Description. Model Antminer T9+ (10.5Th) from Bitmain mining SHA-256 algorithm with a maximum hashrate of 10.5Th/s for a power consumption of 1432W. Bitcoin Mining Mode AntPool Solo Mode (Forced) As you can see the Antrouter has a hash rate of 5.5GH/s. Just for comparison, the most efficient miner today that will probably break even within 12 months, the Antminer S9, has a hash rate of 14 TH/s. that’s more than 2500 times more than the Antrouter R1. Hands Free Bitcoin Bit Kit - Plug and Play Bitcoin Miner - ASIC Miner - All in One, Easy Bitcoin Mining Kit (14 TH/s) 3.2 out of 5 stars 9. $1,499.99. Antminer S17 Pro 56TH/S Bitcoin Miner 1296-2790w Asic Bitcoin Mining S17 Pro Antminer Machine Harsh About 53-62TH use Much Less Energy

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Bi Fury USB Bitcoin miner asic 5gh/s showcase

5GH/s Jalapeno Bit Coin Miner Review See part 2 here http://www.youtube.com/watch?v=PalJTasOh6Q If you have a Jalapeno here is the link for the sofware to ge... Bi furi USB asic showcase 5GH/s. WATCH LIVE: SpaceX's 1st astronaut mission! Crew Dragon #DM2 launch from historic NASA pad @3:22pmET SPACE (Official) 23,867 watching Live now USB Asic Miner Red Fury bitcoin miner 2.4~2.9 GH/s ~new and improved version~ - Duration: 3:17. Eyeboot 223,658 views. 3:17. How to BitCoin mine using fast ASIC mining hardware - Duration: 27:15.

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