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 5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)

5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Cryptocurrency news and discussions.

Cryptocurrency news and discussion. Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash, NEO, IOTA Lightning Network, SegWit, Augur, Steemit, privacy, ICO, block time, Proof of Work, Proof of Stake, NEM, Peercoin, Vertcoin, Iconomi, Dogecoin, Zcash, BitShares, Walton, mining, hashrate, mining difficulty, blockchain, coinbase, merkle, transaction rate, decentralized exchange, annual inflation rate, total market cap, bitcoin cash, BTC
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Cryptocurrency in India

Cryptocurrency news and discussion. Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash,Lightning Network, SegWit, Augur, privacy, ICO, Proof of Work, Proof of Stake, Iconomi, Zcash, mining, hashrate, coinbase, transaction rate, decentralized exchange, bitcoin cash, long term potential, technical analysis, fundamentals, token, volume, oscillator, RSI, trend, sentiment, strategy, coin, altcoin, blockchain, PoW, PoS, transactions ,resistance, support, prices, ether, stable, inflation
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Bitcoin Mining Hashrate and Power Analysis - only 50% of mining hashpower is in China currently

Bitcoin Mining Hashrate and Power Analysis - only 50% of mining hashpower is in China currently submitted by SandwichOfEarl to Bitcoin [link] [comments]

Το Bitcoin mining hashrate ξεπέρασε ξανά τα 100EH/s | To Blog της Ελληνικής κοινότητας του Bitcoin

Το Bitcoin mining hashrate ξεπέρασε ξανά τα 100EH/s | To Blog της Ελληνικής κοινότητας του Bitcoin submitted by chek2fire to Bitcoin_greece [link] [comments]

Το Bitcoin mining hashrate ξεπέρασε τα 100EH/s | To Blog της Ελληνικής κοινότητας του Bitcoin

Το Bitcoin mining hashrate ξεπέρασε τα 100EH/s | To Blog της Ελληνικής κοινότητας του Bitcoin submitted by chek2fire to Bitcoin_greece [link] [comments]

Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution

Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution submitted by eviade8btc to BitcoinMining [link] [comments]

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015 submitted by cointastical to Bitcoin [link] [comments]

Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution

Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution submitted by 8BTCblockchainNEWS to btc [link] [comments]

"So they have ~2% of the Bitcoin mining hashrate, big whoop." [-10]

submitted by NegativeWithGoldBot to NegativeWithGold [link] [comments]

Bitmain's Bitcoin Mining Hashrate Drops 88% in “Natural Course of the Mining Business”

Bitmain's Bitcoin Mining Hashrate Drops 88% in “Natural Course of the Mining Business” submitted by n4bb to CoinPath [link] [comments]

Bitmain Dominates Bitcoin Mining Hashrate – Almost at 51 Percent

Bitmain Dominates Bitcoin Mining Hashrate – Almost at 51 Percent submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Bitmain Dominates Bitcoin Mining Hashrate – Almost at 51 Per... #bitcoin #crypto #altcoin Bitcoin mining… https://t.co/bNpiKIRGaw - Crypto Insider Info - Whales's

Posted at: June 24, 2018 at 06:23PM
By:
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submitted by cryptotradingbot to cryptobots [link] [comments]

Meet **95%** of the Bitcoin mining hashrate: half a dozen Chinese guys

Meet **95%** of the Bitcoin mining hashrate: half a dozen Chinese guys submitted by AussieCryptoCurrency to Buttcoin [link] [comments]

Why is the bitcoin mining hashrate so volatile? /r/BitcoinMining

Why is the bitcoin mining hashrate so volatile? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Understanding Bitcoin Mining Hashrates with Dave Hudson (Peernova)

Understanding Bitcoin Mining Hashrates with Dave Hudson (Peernova) submitted by taariqlewis to Bitcoin [link] [comments]

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015

In past 12 days #Bitcoin mining hashrate rose by as much as had existed from ALL miners in Dec 2015 submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Find a buyer or seller for your DZ MC Group Buy shares for Bitcoin mining hashrate from a variety of top manufacturers

(Credit to veteran DZ MC member amer for the subreddit exchange idea)
Refunds for our low cost DZ MC Group Buy shares are highly discouraged due to the chaos this often causes when BTC has been sent for paid orders. However, sometimes the best path forward for a "refund" is to find a buyer for your share(s) so that you can transfer your shares to them.
A proper format would be something like:
Which would look like this:
Mahalo!
submitted by DyslexicZombei to dzminercoop [link] [comments]

Bitcoin SF Devs Seminar: A deep dive into understanding Bitcoin mining hashrates

Bitcoin SF Devs Seminar: A deep dive into understanding Bitcoin mining hashrates submitted by GibbsSamplePlatter to Bitcoin [link] [comments]

Bitcoin Hashrate Stabilizing Near 35 Exahash/s After 29 Percent Drop in Mining Difficulty

Bitcoin Hashrate Stabilizing Near 35 Exahash/s After 29 Percent Drop in Mining Difficulty

https://preview.redd.it/v4fhelfwby521.png?width=690&format=png&auto=webp&s=51d0d741515616618e7a201e5376a8d8abf1682d
https://cryptoiq.co/bitcoin-hashrate-stabilizing-near-35-exahash-s-after-29-percent-drop-in-mining-difficulty/
Bitcoin’s hashrate had been rising exponentially from 2009 through mid-2018, increasing through the megahash (M/H), gigahash (G/H), terrahash (T/H), petahash (P/H), and exahash (E/H) ranges. The hashrate first exceeded 60 EH/s in August 2018, and then the exponential increase gave way to stabilization.
In September and October 2018, the hashrate remained stable, averaging above 50 EH/s, simultaneous with the price of Bitcoin being stable near $6,500. Then the price of Bitcoin plummeted starting in mid-November to as low as $3,100 in December. The hashrate of Bitcoin collapsed to 32 EH/s during this market crash, implicitly indicating 20-30 EH/s being forced offline due to a lack of profitability, which represents billions of dollars of equipment.
However, the collapse in hashrate may be coming to an end, at least for now, due to the price of Bitcoin rising back to the $4,000 level combined with a 29 percent decrease in mining difficulty.

https://preview.redd.it/fn5itizzby521.png?width=512&format=png&auto=webp&s=8b65208f22986a6c5409d40255a20e805354d121
As can be seen in the chart, Bitcoin’s hashrate appears to have stabilized in December, breaking the trend of constant decline.
There are two factors that are bringing about stabilization. First off, the price of Bitcoin has stopped decreasing and has risen back to where it was at the beginning of December near $4,000. A stable Bitcoin price is a necessary ingredient for a stable hashrate.
More importantly, the mining difficulty of Bitcoin has dropped from 7.184 trillion to 5.106 trillion, a 29 percent decline, which makes Bitcoin mining 29 percent more profitable per unit of hashrate. As long as price does not continue to fall Bitcoin will find an equilbrium hashrate since difficulty adjusts downwards as miners turn off their rigs. The point at which the difficulty stops adjusting downwards is the equilibrium point, a steady state where the existing hashrate can profitably mine or break even without the loss of further hashrate.
Currently ,Bitcoin’s hash rate is near 36 EH/s, which would yield a 2.6 percent increase in difficulty if the difficulty re-adjustment happened now. This suggests that the equilibrium level for Bitcoin’s hashrate, at least at the current Bitcoin price of $4,000, is right around the current hashrate.
That being said, the price of Bitcoin going up or down can rapidly change the situation. If Bitcoin retraces back towards $3,000, then the hashrate is likely to fall further, and if it rallies strongly then the rigs that were turned off would quickly be switched on again.
The fact that there are 20-30 EH/s of rigs shutoff makes the future a bit gloomy for Bitcoin miners, since increases in Bitcoin’s price will not lead to higher profits for miners until all of those rigs are switched back on.
There used to be a lag effect between Bitcoin’s price rise and the switching on of new rigs, which allowed miners to make bigger profits before difficulty adjusted upwards. Until the hashrate exceeds 60 EH/s, the time it takes to switch on the dormant rigs will be instant, whereas before miners had to wait weeks or months to order rigs and then switch them on. Based on the data, Bitcoin would probably have to be at $7,000 or higher before Bitcoin miners start seeing increased profit margins.
Looking at the broader picture though, it is certainly good news that the Bitcoin mining hashrate has stopped going down since this means Bitcoin will continue to be extremely secure and decentralized. A rapidly dwindling hashrate would make Bitcoin less secure and more centralized, two factors that would threaten Bitcoin’s reputation.
submitted by turtlecane to Bitcoin [link] [comments]

China controls 50% of bitcoin mining, the US — 14%, and Russia-8%

China controls 50% of bitcoin mining, the US — 14%, and Russia-8%
Investment company Fidelity and research firm BitOoda published a report on July 16, according to which China accounts for not 65% of bitcoin mining, as previously thought, but only 50%.
Analysts based their research on various sources, including surveys of miners who agreed, on condition of anonymity, to share information about various aspects of mining, including the cost of electricity. The report says:
We were able to find 153 mining facilities that consume ~4.1 GW and 67 facilities that consume ~3 KW, and we have data on electricity prices provided on the condition of anonymity.
BitOoda also found that 14% of bitcoins are mined in the United States. As for the data on Chinese miners, it is difficult to verify them, so 50% of the world's bitcoin production is not the final figure. "Conversations [with miners] suggest that most of the capacity is located in the US, Canada and Iceland, and only a small part is located in China and other countries," the researchers said.

Geographical distribution of bitcoin mining
The survey also showed how flooding in China (the so-called "hydro season") affects the income of miners. Six months a year, miners from Sichuan and similar provinces spend less bitcoins to pay for their expenses.
We oppose the generally accepted view that low electricity prices encourage hashrate growth during the flood season," the researchers write. — We believe that flooding or the hydro season shifts the cost curve by 6 months a year, which leads to a decrease in bitcoin sales to Finance operating expenses, as a result, miners accumulate capital to Finance capacity growth.
According to the attached chart, the price of bitcoin fluctuates inside and outside the hydroseason, while the growth of the bitcoin hashrate remains stable. Manners had to put up with the elements in Sichuan and other provinces, and in recent years there have been numerous reports of massive outages of mining equipment due to flooding.

Compare prices and Hasrat bitcoin depending on floods and \"hydrostone»
Researcher Martin bent (Marty Bent) was pleasantly surprised by the results of the survey:
It is striking to see that the US already accounts for 14% of the hashrate — I expect this figure to grow significantly.... he wrote after the publication of the study.
P.S - You may also be interested in
submitted by btcxlab to CryptoMarkets [link] [comments]

4 mining pools that are all based in China control over 50% of bitcoins hashrate.

4 mining pools that are all based in China control over 50% of bitcoins hashrate. submitted by olihowells to CryptoCurrency [link] [comments]

Bitcoin hash rate is close to 100 EH/s

Bitcoin hash rate is close to 100 EH/s

The hashrate of the first cryptocurrency network continues to grow and may soon reach 100 EH/s.
Today, the hash rate of Bitcoin has made a new leap and reached 94 000 770 Th/s (94.7 eh/s). The next round figure, 100 eh / s, is only a short distance away, and if growth continues, it could be reached as early as this month.
Recall that the hashrate reflects the total processing power involved in processing bitcoin transactions. The more power, the more secure the network of the first cryptocurrency.
Bitcoin hashrate decreased significantly in the second half of 2018, at the height of the "bear market" but in January, the hashrate of the first cryptocurrency network returned to its previous values and continued to grow.
"The hashrate of bitcoin is going to exceed 100 EH/s. And this will be a problem for Fiat currencies, because data centers that process Fiat transactions will simply be sucked into the black hole of the real value of bitcoin," wrote cryptocurrency analyst Max Keiser on Twitter.
Along with the growth of hash rate yet growing and the difficulty of mining coins. In June, the difficulty of bitcoin mining which varies in accordance with hashrate network every 2 016 units reached 7 868 124 124 773 (7.87 trillion units). At the next recount, which will happen at the end of this week, it can rise above 11 trillion.
#News #Bitcoin #Mining #Hashrate #Records
submitted by QBEXCHANE to u/QBEXCHANE [link] [comments]

How Bitcoin Mining is Being Used to Repurpose Natural Gas Flaring: Sustainability in Mining and Bringing Hashrate to America

How Bitcoin Mining is Being Used to Repurpose Natural Gas Flaring: Sustainability in Mining and Bringing Hashrate to America submitted by heist95 to Bitcoin [link] [comments]

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%. submitted by wnuins to CryptoCurrency [link] [comments]

5700 XT Ethereum Mining HASHRATE! - YouTube How to increase mining Hashrate - YouTube 5 Settings For Mining Cryptocurrency On Windows 10 - YouTube What is hash rate in Bitcoin ? - YouTube Hashrate AFTERMATH of the Bitcoin Halving...

Calculate your Bitcoin mining profitability and estimated mining rewards by starting with the Bitcoin mining hashrate calculator inputs above; mining hardware, mining costs, and mining reward. How Bitcoin Mining Works. Bitcoin mining is the process of securing and validation Bitcoin transactions on the Bitcoin blockchain. Hashrates.com is the leading reference site for checking GPU and CPU hash rates. You don’t have to be an expert – anyone interested in mining cryptocurrencies can use our Hash Rate calculator to get an accurate hash rate for a given algorithm with your hardware. Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware. ... Excluding a 15 brief TH/s spike which occurred late 2011, a single S9 unit boasts a hashrate equivalent to the peak capacity of the entire Bitcoin network from its bootstrapping until mid-2012! Bitcoin Hashrate All Time High Bitcoin Hashrate on Sep 07, 2020 at block 647,212 180.95 EH/s How to Calculate Bitcoin Hashrate. The Bitcoin hashrate is calculated using the current Bitcoin difficulty, the defined Bitcoin block time, and the average block time of the last (X) number of blocks.. Most full Bitcoin nodes will have an option to see the current Bitcoin global hashrate using the ... The higher the hashrate of one individual Bitcoin mining machine, the more bitcoin that machine will mine. The higher the hashrate of the entire Bitcoin network, the more machines there are in total and the more difficult it is to mine Bitcoin. Another way of looking at it, is that hashrate is a measure of how healthy the Bitcoin network is.

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5700 XT Ethereum Mining HASHRATE! - YouTube

How to configure Windows 10 for your Mining Rig to get the best hashrate in ethereum and more. Parts: MSI Pro Series Z270a: http://amzn.to/2sHVqNX Intel Pent... Favorite PSU for Mining: https://geni.us/SqWl My Favorite Book - "The Bitcoin Standard": https://geni.us/NH5spNd Donation Addresses! Always appreciated and will go towards Projects, Content ... A brief and simple introduction to the hash function and how blockchain solutions use it for proof of work (mining) and data integrity (Merkle Trees). Parts Used In This Video: The GPUs: https://geni.us/a1ij2Vx Corsair 450w ATX PSU: https://geni.us/TodEZD The Best Mining Motherboard: https://geni.us/tAHmm I... How to increase hashrate cryptocurrencies

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