Bitcoin Hash Price : Woobull Charts

Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total.

submitted by Mike_Fans_Club to CryptoMarkets [link] [comments]

Bitcoin (BTC) ASIC manufacturer, MicroBT recently revealed its next-generation mining hardware at a virtual launch event on April 17. MicroBT’s forthcoming M30 series of Bitcoin miners, the MS30S++ and the MS30S+, boasts a hash rate of 100 terahashes per second (TH/s).

submitted by Tokenncoin to Tokenncoin [link] [comments]

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit. The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model (86TH/s).

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit. The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model (86TH/s). submitted by EducationalLadder to CryptoCurrencyTrading [link] [comments]

Bitcoin’s hash rate has recently moved above 78 million terahashes per second. This is an all-time high. Additionally, Bitcoin bounces off $10,000 and could rally further.

Bitcoin’s hash rate has recently moved above 78 million terahashes per second. This is an all-time high. Additionally, Bitcoin bounces off $10,000 and could rally further. submitted by EducationalLadder to CryptoCurrencyTrading [link] [comments]

how many bitcoins per terahash? /r/BitcoinMining

how many bitcoins per terahash? /BitcoinMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

how many bitcoins per terahash?

Hi Guys, so what is the formula to figure out how many bitcoins can be generated a day with a 1 terahash machine given a certain difficulty?
Thanks Guys :)
submitted by heyarn to BitcoinMining [link] [comments]

CoinTerra Announces Highest-Performance 2 Terahash per Second Bitcoin ASIC & Mining Rig

submitted by harounkola to Bitcoin [link] [comments]

I'm trying to do the math on mining.

Given 100% of miners using the same miner, I tried to calculate the profitability of bitcoin mining. but the results seem off. I'm wondering where I went wrong.
"current terahashes (Th/s)" Mining Unit "mining non-current rate($/Th)" "mining non-current rate $/Th)" "Mining Efficiency (J/Th)" "Energy Requirments (J)" "Energy Requirements per Block (kWh) [0.000000277778 J/kWh]" "electric costs ($/kWh)" "current electrical cost to mine 1 block ($)"
8000000 Antminer T19; 84 Th/s; 37.5 J/Th; $1749; $20.82 $384,219.55 37.5 180000000000 50,000.04 0.0715 $3,575.00
current bitcoin reward current bitcoin price current block worth daily block rewards
6.25 9133 $57,081.25 $1,369,950.00
current profit ratio (%)
1596.48%

edit:

"current terahashes (Th/s)" Mining Unit "mining non-current rate($/Th)" "mining non-current rate $/Th)" "Mining Efficiency (J/Th)" "Energy Requirments (J)" "Energy Requirements per Block (kWh) [0.000000277778 J/kWh]" "electric costs ($/kWh)" "current electrical cost to mine 1 block ($)"
8000000 Antminer T19; 84 Th/s; 37.5 J/Th; $1749; $20.82 $5,859,348.20 37.5 2745000000000 762,500.61 0.0715 $54,518.79
current bitcoin reward current bitcoin price current block worth daily block rewards
6.25 9118 $56,987.50 $1,367,700.00
current profit ratio (%)
104.53%
submitted by qwer1234123412341234 to BitcoinBeginners [link] [comments]

66,666,666,666,666,666 hashes per block right now, thought you should know.

Right now at a rate of 111.11 TH's, Bitcoin is in true beast mode.
There's a trillion hashes in a terahash
On average it takes 10 minutes to crack a single block.
66, 666 trillion or 66 quadrillion hashes per block.
Absolutely insane!
submitted by samcornwell to Bitcoin [link] [comments]

[Researh] In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh. Banking industry consumes 74 TWh per year.

[Researh] In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh. Banking industry consumes 74 TWh per year.
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research.
The world’s first cryptocurrency is steadily becoming more popular and expensive every year. This motivates more individuals and companies to enter the mining business to earn a bitcoin share.

More miners, more efficient equipment

To validate a block of transactions and receive a reward, miners compete with each other by solving a deliberately complicated mathematical task, or puzzle. Those miners who own more computing power (hashrate) have more chances to win the competition. This incentivizes miners to buy more powerful equipment that consumes more electricity.
At the same time, mining equipment efficiency is constantly improving, and with time less electricity is required to produce the same hashrate. This factor allows to slow down the increasing demand for electricity.
For example, in 2016 Bitmain, world’s largest manufacturer of mining equipment, launched the legendary Antminer S9, which consumed 100 watts to produce one terahash per second, or 100 W/TH/s. The best modification of Antminer S15, released in 2018, consumed 57 W/TH/s. Currently, the most efficient Antminer S17 consumes only 40 W/TH/s.
https://preview.redd.it/gh343l3p09j41.png?width=930&format=png&auto=webp&s=e350c1e7832e37c1e3c3aeac974428cca7f0f874
It is assumed that the market competition compels manufacturers to keep up with each other in developing more efficient hardware. If some manufacturer brings next-generation chips to market, other manufacturers start to produce chips with the same characteristics at about the same time.
On the other hand, new miners are joining the network, thus increasing the hashrate. So the demand for electricity continues to grow. Also, it can be noticed later that the electricity consumption chart is similar to that of hashrate chart.
https://preview.redd.it/3k32ci6q09j41.png?width=930&format=png&auto=webp&s=e70f600419bcbc9e7e82506b5f12bf4da6f00584

Calculations

The incremental volume of electricity consumption is calculated by multiplying newly added hashrate by the best mining efficiency available at that moment.
The sum of incremental volumes represents cumulative amount of electricity consumed by bitcoin network. The metric is expressed in terawatt-hours (TWh). To get annualized volume in terawatt-hours we multiply the consumption by 24 hours and 365 days.
A 100-day moving average was applied to hashrate to make the final result less dependent on the short-term hashrate fluctuations.
Assumptions, used in this study, are very conservative. It means that the results are in the lower limit of the range of possible volumes, and the actual electricity consumption can be higher.
A detailed explanation and interactive charts are provided here: https://www.blockchainanalytics.pro/btc/electricity-consumption/
https://preview.redd.it/jol3703r09j41.png?width=929&format=png&auto=webp&s=252d4d67ff6882bb32ad63238537a41305719f05

Results

Currently, annualized electricity consumption in bitcoin network is 57 TWh. To help readers get an idea of how much electricity the bitcoin network consumes, a comparison with some countries is provided alongside.
Portugal consumes 49 TWh per year, Romania – 50 TWh, Czech Republic – 59 TWh.
Some more numbers for comparison:
https://preview.redd.it/hka7lcwr09j41.png?width=930&format=png&auto=webp&s=92d6d0b25f922a1e6f0c45c6f994e78aded6f920
According to conservative estimates, the bitcoin network will consume more than 70 TWh in 2020. This is on a par with Chile, a country with 18 million population.

More thoughts (estimations of how much energy banking industry consumes)

Some information from official reports:
Taking into account the information above, we can assume that, on average, banks spend ~20 kWh per customer per year.
Some information on world population:
  • 69% of adults around the world have a banking account (source)
  • 70% of the world population are adults (source)
  • World population is 7.7 billion (source)
Finally: 7.7 billion people * 70% * 69% * 20 kWh per year = ~74 TWh per year
So, we can assume, that banking industry consumes ~74 TWh per year
submitted by answer__42 to btc [link] [comments]

Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead

The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty.
Earlier this week, Chinese mining-hardware juggernaut Bitmain unveiled its new product, an application-specific integrated circuit called Antminer T19. The Bitcoin (BTC) mining unit is the latest to join the new generation of ASICs — state-of-the-art devices designed to mitigate increased mining difficulty by maximizing the terahashes-per-second output.
The Antminer T19 announcement comes amid the post-halving uncertainty and follows the company’s recent problems with its S17 units. So, can this new machine help Bitmain to reinforce its somewhat hobbled position in the mining sector?
T19: The cheaper S19
According to the official announcement, the Antminer T19 features a mining speed of 84 TH/s and a power efficiency of 37.5 joules per TH. The chips used in the new device are the same as those equipped in the Antminer S19 and S19 Pro, though it uses the new APW12 version of the power supply system that allows the device to start up faster.
Bitmain usually markets its Antminer T devices as the most cost-effective ones, while the S-series models are presented as the top of the line in terms of productivity for their respective generation, Johnson Xu — the head of research and analytics at Tokensight — explained to Cointelegraph. According to data from F2Pool, one of the largest Bitcoin mining pools, Antminer T19s can generate $3.97 of profit each day, while Antminer S19s and Antminer S19 Pros can earn $4.86 and $6.24, respectively, based on an average electricity cost of $0.05 per kilowatt-hour.
Antminer T19s, which consume 3,150 watts, are being sold for $1,749 per unit. Antminer S19 machines, on the other hand, cost $1,785 and consume 3,250 watts. Antminer S19 Pro devices, the most efficient of three, are considerably more expensive and go for $2,407. The reason Bitmain is producing another model for the 19 series is due to what is known as "binning" chips, Marc Fresa — the founder of mining firmware company Asic.to — explained to Cointelegraph:
“When chips are designed they are meant to achieve specific performance levels. Chips that fail to hit their target numbers, such as not achieving the power standards or their thermal output, are often ‘Binned.’ Instead of throwing these chips in the garbage bin, these chips are resold into another unit with a lower performance level. In the case of Bitmain S19 chips that don’t make the cutoff are then sold in the T19 for cheaper since they do not perform as well as the counterpart.” The rollout of a new model “has nothing to do with the fact that machines are not selling well,” Fresa went on to argue, citing the post-halving uncertainty: “The biggest reason machines probably are not selling as well as manufacturers would like is because we are on a bit of a tipping point; The halving just happened, the price can go anyway and the difficulty is continuing to drop.” Product diversification is a common strategy for mining hardware producers, given that customers tend to aim for different specifications, Kristy-Leigh Minehan, a consultant and the former chief technology officer of Genesis Mining, told Cointelegraph:
“ASICs don’t really allow for one model as consumers expect a certain performance level from a machine, and unfortunately silicon is not a perfect process — many times you’ll get a batch that performs better or worse than projected due to the nature of the materials. Thus, you end up with 5–10 different model numbers.” It is not yet clear how efficient the 19-series devices are because they have not shipped at scale, as Leo Zhang, the founder of Anicca Research, summed up in a conversation with Cointelegraph. The first batch of S19 units reportedly shipped out around May 12, while the T19 shipments will start between June 21 and June 30. It is also worth noting that, at this time, Bitmain only sells up to two T19 miners per user “to prevent hoarding.”
Hardware problems and competitors
The latest generation of Bitmain ASICs follows the release of the S17 units, which have received mostly mixed-to-negative reviews in the community. In early May, Arseniy Grusha, the co-founder of crypto consulting and mining firm Wattum, created a Telegram group for consumers unsatisfied with the S17 units they purchased from Bitmain. As Grusha explained to Cointelegraph at the time, out of the 420 Antminer S17+ devices his company bought, roughly 30%, or around 130 machines, turned out to be bad units.
Similarly, Samson Mow, the chief strategy officer of blockchain infrastructure firm Blockstream, tweeted earlier in April that Bitmain customers have a 20%–30% failure rate with Antminer S17 and T17 units. “The Antminer 17 series is generally considered not great,” added Zhang. He additionally noted that Chinese hardware company and competitor Micro BT has been stepping on Bitmain’s toes lately with the release of its highly productive M30 series, which prompted Bitmain to step up its efforts:
“Whatsminer gained significant market share in the past two years. According to their COO, in 2019 MicroBT sold ~35% of the network hashrate. Needless to say Bitmain is under a lot of pressure both from competitors and internal politics. They have been working on the 19 series for a while. The specs and price look very attractive.” Minehan confirmed that MicroBT has been gaining traction on the market, but refrained from saying that Bitmain is losing market share as a result: “I think MicroBT is offering option and bringing in new participants, and giving farms a choice. Most farms will have both Bitmain and MicroBT side by side, rather than exclusively host one manufacturer.”
“I would say that MicroBT has taken up the existing market share that Canaan has left,” she added, referring to another China-based mining player that recently reported a net loss of $5.6 million in the first quarter of 2020 and cut the price of its mining hardware by up to 50%.
Indeed, some large-scale operations seem to be diversifying their equipment with MicroBT units. Earlier this week, United States mining firm Marathon Patent Group announced that it had installed 700 Whatsminer M30S+ ASICs produced by MicroBT. However, it is also reportedly waiting for a delivery of 1,160 Antminer S19 Pro units produced by Bitmain, meaning that it also remains loyal to the current market leader.
Will the hash rate be affected?
Bitcoin’s hash rate plummeted 30% soon after the halving occurred as much of the older generation equipment became unprofitable due to the increased mining difficulty. That spurred miners to reshuffle, upgrading their current rigs and selling older machines to places where electricity is cheaper — meaning that some of them had to temporarily unplug.
The situation has stabilized since, with the hash rate fluctuating around 100 TH/s for the past few days. Some experts attribute that to the start of the wet season in Sichuan, a southwest Chinese province where miners take advantage of low hydroelectricity prices between May and October.
The arrival of the new generation of ASICs is expected to drive the hash rate even higher, at least once upgraded units become widely available. So, will the newly revealed T19 model make any impact on the state of the network?
Experts agree that it won’t affect the hash rate to a major degree, as it’s a lower output model compared with the S19 series and MicroBT’s M30 series. Minehan said she doesn’t expect the T19 model “to have a huge impact that’s an immediate cause of concern,” as “most likely this is a run of <3500 units of a particular bin quality.” Similarly, Mark D’Aria, the CEO of crypto consulting firm Bitpro, told Cointelegraph:
“There isn’t a strong reason to expect the new model to significantly affect the hashrate. It might be a slightly more compelling option to a miner with extraordinarily inexpensive electricity, but otherwise they likely would have just purchased an S19 instead.” Bitmain continues to hold leadership despite internal struggle
At the end of the day, manufacturers are always in an arms race, and mining machines are simply commodity products, Zhang argued in a conversation with Cointelegraph:
“Besides price, performance, and failure rate, there are not many factors that can help a manufacturer differentiate from the others. The relentless competition led to where we are today.” According to Zhang, as the iteration rate naturally slows down in the future, there will be more facilities using “creative thermal design such as immersion cooling,” hoping to maximize the mining efficiency beyond just using most powerful machines.
As for now, Bitmain remains the leader of the mining race, despite having to deal with the largely defunct 17 series and an intensifying power struggle between its two co-founders, Jihan Wu and Micree Zhan, which recently resulted in reports of a street brawl.
“Due to its recent internal issues, Bitmain is facing challenges to keep its strong position in the future thus they started to look at other things to expand its industry influences,” Xu told Cointelegraph. He added that Bitmain “will still dominate the industry position in the near future due to its network effect,” although its current problems might allow competitors such as MicroBT to catch up.
Earlier this week, the power struggle inside Bitmain intensified even further as Micree Zhan, an ousted executive of the mining titan, reportedly led a group of private guards to overtake the company’s office in Beijing.
Meanwhile, Bitmain continues to expand its operations. Last week, the mining company revealed it was extending its “Ant Training Academy” certification program to North America, with the first courses set to launch in the fall. As such, Bitmain seems to be doubling down on the U.S.-based mining sector, which has been growing recently. The Beijing-based company already operates what it classifies as “the world’s largest” mining facility in Rockdale, Texas, which has a planned capacity of 50 megawatts that can later be expanded to 300 megawatts.
submitted by melissaBrian0 to Bitcoin [link] [comments]

Iranian Authorizes Issue License for 6000-Rig Crypto Farm

Iranian Authorizes Issue License for 6000-Rig Crypto Farm
Iranian Authorizes Issue License for 6000-Rig Crypto Farm Turkey-based company has invested nearly $7.3 million into a Bitcoin (BTC) mining farm in the Semnan Province of Iran, where it will mine digital currency with 6,000 rigs capable of 96,000 terahashes per second (TH/s) in total.
https://preview.redd.it/zdv6wlfd8qw41.jpg?width=1003&format=pjpg&auto=webp&s=3e999b7b3b4e82f156f9609ed632cd23288dc944
submitted by IndianCrypto to u/IndianCrypto [link] [comments]

Bitcoin Mining Hardware War Is Heating Up Ahead of the Halving

Shenzhen-based MicroBT is rolling out three top-of-the-line bitcoin miners amid heated competition with Bitmain ahead of the network's halving event in less than 30 days.
Chen Jianbing, COO of MicroBT, announced in an online event on Friday that the three new models – the WhatsMiner M30S+, M30S++ and M31S+ – are available via both warehouse inventory and pre-orders that can be delivered in up to 30 days.
The move underscores MicroBT's neck-and-neck competition in the multi-billion-dollar mining hardware market with major rival Bitmain, which is scheduled to deliver the first batch of its latest AntMiner S19 and S19 Pro miners in May.
At the event, Chen reemphasized MicroBT's rapid growth in 2019, having achieved sales of 600,000 units of its WhatsMiner M20 series, which, as CoinDesk reported in February, has chipped away at Bitmain's longstanding market dominance.
The COO said 2019 sales volume had also doubled compared with 2018, boosting its sold computing power to 35 million terahashes per second (TH/s). That accounted for 35 percent of the Bitcoin network's total hash rate as of the end of December.
The new models add to MicroBT's existing M30 product line, which includes the previously launched WhatsMiner M30S and M31S.

Efficiency war

With the latest equipment from both major manufacturers soon to start shipping, the bitcoin mining hardware market is now entering what Chen called the "3X era," referring to a mining efficiency that's below 40 watts per terahash (W/T).
For context, W/T measures how much electricity a mining machine consumes for each terahash of computing power. Since bitcoin mining is an energy-intensive computing process, a miner with a lower W/T ratio would be able to bring home a higher gross margin.
This metric has become considerably more important given the upcoming bitcoin halving, which will reduce the amount of bitcoin earned by the mining industry in a day from around 1,800 to 900 units.
Read more: Bitcoin Halving, Explained
According to the firm's specifications, the M30S+ is able to compute at a 100 TH/s with 34 W/T efficiency, while the M30S++ can compute as much as 112 TH/s at 31 W/T. The previously launched M30S is claimed to deliver an efficiency of 38 W/T.
Meanwhile, the M31S+ and the earlier M31S both deliver an efficiency of 42 W/T. However, Chen said the new model has the option to switch to a lower voltage mode in order to improve the efficiency to below 40 W/T.
To put this into perspective, by Bitmain's specification, AntMiner S19 and S19 Pro machines are said to be able to compute at 95 TH/s and 110 TH/s with an efficiency of 34 W/T and 30 W/T, respectively.

Tough times

But arguably miner manufacturers are all facing a tough time selling equipment under current market conditions, with mining operations taking a step back to wait and see how bitcoin's price will play out after halving.
Major manufacturers have had to mark down the prices of their mining equipment following bitcoin's price crash on March 12, the largest sell-off since 2013.
Vincent Zhang, MicroBT's head of sales, said during the launch event the WhatsMiner M30S is now priced at $1,962 – down from around $2,500 when it was initially released. For the new models announced today, the M30S+ and M30S++ are priced at $2,740 and $3,899 per unit, respectively.
Following the recent price cuts, manufacturers such as Bitmain have also had to partially refund customers who placed pre-orders at the higher price, a policy the firm has had in place for the past several years.
Zhang said MicroBT is now also enforcing such a policy in its bid to keep customers happy. Users who have placed pre-orders at a higher price than the retail value at the time of delivery will be compensated for the difference, like with Bitmain, in cash coupons. These can only be redeemed at up to 10 percent of the value of additional goods purchased by MicroBT.
Although MicroBT gained a large amount of market share in 2019, it had issues delivering devices on the timeline it had promised to customers, suffering up to several months of delays.
Read more: Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business
Zhang said the firm will now compensate customers in cash coupons worth 0.3 percent of the value of a pre-ordered machine for each day a delivery is delayed beyond the promised date.
Also notably, MicroBT will extend its warranty policy for the M30 series to one year post-delivery – longer than the industry's average six-month warranty period.
submitted by PresentType to complexitythetrilemai [link] [comments]

Bitcoin Network Now 8x More Powerful Than At $20k Peak

New hashrate numbers have shown that the Bitcoin network is now 8 times more powerful than it was at its $20k price peak in late 2017.
Data from Bitcoin network monitor Blockchain.com confirmed that the Bitcoin network’s total hash rate reached a peak of 79 trillion terahashes per second (TH/s) earlier this week, passing the previous all time high of 70 trillion TH/s. Hash rate is generally accepted as a measure of how much computer power is spent on a network’s security, meaning that the higher the TH/s rate, the more powerful the network is.
The Bitcoin network has seen consistent growth in power in recent months, breaking the all-time high multiple times. In the last month alone, the hash rate has broken records three times, on June 21 (65 trillion TH/s), July 1 (70 trillion TH/s), and most recently on July 20 (79 trillion TH/s).
Despite Bitcoin price currently being roughly halfway to its all-time high, it has still managed to grow its network in size and power, indicating that the current market trends are more substantial than in 2017. Many crypto pundits are suggesting that Bitcoin is currently stabilizing around the $10k-$11k mark before a bull run, and that the next big bull run will take Bitcoin price to a new all-time high, breaking the $20k barrier and reaching an expected $40k peak.
submitted by George-nht to Bitcoin [link] [comments]

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share


Bitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.
MicroBT sold about 600,000 units of its flagship WhatsMiner M20 series last year, Vincent Zhang, sales head of the Shenzhen-based company, said in an online panel hosted by Chinese mining pool Poolin on Thursday in a WeChat group.
These products generate a computing power of about 60 terahashes per second (TH/s) on average, he said. That means the newly delivered 600,000 units may have contributed over 30 exahashes (EH/s) of hashing power to the bitcoin network in 2019. (1 EH = 1 million TH).
Amid bitcoin's price jump throughout 2019, the network's two-week average computing power more than doubled from just 40 EH/s around the end of 2018 to nearly 100 EH/s in December. That'd mean close to half of bitcoin's computing power growth in 2019 may have come from equipment delivered by MicroBT.
Zhang didn't specify the precise average unit price of these batches, as they could fluctuate depending on bitcoin's price over the year. But the firm's various models in its M20 product line are generally priced between $24 to $30 per terahash, meaning the firm has brought home a high nine-figure revenue in U.S. dollars for 2019.
Bitcoin's current computing power stands at 110 EH/s. That also means MicroBT may account for around 30 percent of bitcoin mining power sold right now, making it one of the largest and fastest-growing miner makers in the world.
submitted by fs15155 to u/fs15155 [link] [comments]

Top 5 Tools For Successful Cryptotrader

Knowledge is power! In the age of rapid IT development every self-respecting crypto trader has to be prepared. Analytic tools capabilities are improving every day providing investors lots of resources for successful trading. Growing number of platforms are constantly adding new features allowing traders to make more relevant decision based on bigger amount of data.
The analysis of the relatively recent years shows that small percent of traders shows stable results in the long run. Complex and fundamental analysis of crypto projects, search for best strategy, choice of the trading platform, high volatility, constant track of prices make trader’s job laborious and busy that affect trader’s mental perception and consequently reasonability of this or that decision connected with trading activity.
To beginner and experienced traders’ come special tools mainly created to optimize traders’ performance and in some cases to fully automate some actions.

Coinhills

Progressive analytical service Coinhills attracts its users not only with a simplified control algorithm and a lot of useful functions, but also with a convenient structure of the main sections, where ratings, position of Bitcoin’s main competitors, foreign news aggregator, ICO news can be viewed.

Gekko

The Gekko trading bot is one of the many crypto bots available on the market. This is an open-source trading bot that can collect real-time data, price data, calculate indicators, and complete transactions. It can also test trading strategies using real data. Gekko is essentially an entry-level trading bot for people who are just learning and experimenting with different strategies. Its functionality is very limited compared to others competitors on the market. This allows users to take advantage of arbitrage and minimize risk. This is a good tool for those who try themselves as a crypto trader for the first time.
The main functional features of the bot are the following:
Aggregation of real market data
Calculation of indicators
Execution of current orders
Imitation of order execution
Calculation of profit and risk metrics
Displaying results in the web interface
Managed and imported historical market data
Simulation of live markets using historical data

Investy

Investy is a trading blockchain platform providing its users with advanced functionality for working on cryptoexchanges. A distinctive feature of the product is the ability to copy each other’s orders and make profit with the use of the success fee system. All operations pass through the API crypto exchange without direct transfer of assets.
The platform has a wide range of tools — solutions:
  1. Easy Trade — a trading terminal with an extended range of trader’s tools.
  2. Easy Trade dashboard — detailed statistics for your exchange accounts.
  3. TradeBattle — a tool that will allow you to unlock the talents of a crypto trader.
  4. Ability to work on any device from PC to mobile phone.
  5. Operations on several exchanges via one window.
  6. Security of personal data while using the service.

CoinSpectator

CoinSpectator is a free cryptocurrency news aggregator that allows traders, investors and enthusiasts to track thousands of industry news sources in real time mode. The site allows you to quickly respond to the latest cryptocurrency news, market volatility, investment tips, the ICO schedule, project phases and much more.
Every investor, who has been in cryptospace for a long period of time, understands that markets are not driven by just technical or fundamental indicators. In fact, it is a complex network of interactions with social media, news publications, rumors, as well as more typical technical and fundamental indicators that you can expect to see on traditional markets. CoinSpectator provides the ability to track data interactions.
CoinSpectator is a valuable tool for assessing the industry and learning, whether you are a blockchain enthusiast, a cryptocurrency trader or a crypto skeptic.

Bitcoincharts

Bitcoincharts is a website dedicated to cryptocurrency statistics that contains information about Bitcoin price, trading volumes and other information related to the Bitcoin network.
The portal provides detailed information on the total hashrate of the network, the number of blocks processed per hour and the total number of BTC in circulation. You can also get a general view of the bitcoin trading market based on data from exchanges.
There are some of the most valuable statistics published on Bitcoincharts:

Economy Stats

Block Stats

Conclusion

Being in a dynamic space such as the blockchain and the cryptocurrency market, any trader regardless of experience should always be in touch with the most up-to-date information. Trade in the cryptocurrency market continues to gain popularity, and according to estimates by various consulting agencies the market capitalization of cryptocurrencies will exceed one trillion US dollars by 2030. The potential of blockchain technology is great, and along with it the profession of a crypto trader is becoming increasingly popular. The presented selection will help you to start your way to the industry correctly, leaving behind a large number of risks faced by all novice traders.
submitted by Mindreactions to BitcoinMarkets [link] [comments]

Bitcoin Costs $1.4 Billion to 51% Attack

Calculations and Math (Nov 29, 2018)
Fixed Costs:
The 7 day average of the Bitcoin network hash rate, as of November 23rd 16:00 UTC, is 41,483,931 terahashes. https://www.blockchain.com/en/charts/hash-rate
To acquire more than 50 percent of the Bitcoin network, an attacker would need at minimum the same number of ASICs that are already in circulation.
Network hash rate / terahashes per ASIC = number of ASICs necessary to acquire 50 percent * 41,483,931 network terahashes / 14 terahashes = 2,963,138 S9is * 41,483,931 network terahashes / 23 terahashes = 1,803,649 T15s
Calculations for total current ASIC usage: 2,963,138 * 1.75 (crude estimate accounting for older models) = 5,185,492
Including bulk discount of 10 percent for the size of the purchase and economies of scale.
Infrastructure costs such as housing are a multiple of hardware costs from anywhere between an additional 22 percent to 40 percent, according to the CEO of a large-scale mining operation based in Canada. We will use the low figure to again account for economies of scale.
Variable Costs:
Costs of daily electricity consumption for S9i: * 2,963,138 ASICs * 1320W = 3,911,342,160 Watts * 3,911,342,160 Watts / 1000 = 3,911,342 kWh * 3,911,342 kWh * 24 hours = 93,872,212 kWh per day * 93,872,212 * $0.03 per kWh = $2,816,166 per day in electricity Electricity costs based the low-end of the electricity rates in Washington State, the state with the average lowest electricity costs in the United States: https://www.electricitylocal.com/states/washington/
Costs of daily electricity consumption for T15: * 1,803,649 T15s * 1541 Watts = 2,779,423,109 Watts * 2,779,423,109 Watts / 1000 = 2,779,423 kW * 2,779,424 kW * 24 hours = 66,706,155 kWh * 66,706,155 kWh * $0.03 per kWh = $2,001,185 per day in electricity
Cost of labor and maintenance above electric costs: 10%. This is an estimate based on an interview with two different large-scale miners in Canada and Georgia who chose to remain anonymous.
Average kWh: ((((3,911,342,160 Watts + 2,779,423,109 Watts) / 2) * 24 hours) * 365 days) / 1E12 watt hrs per terawatt hrs = 29.3 TWh
This estimate is short of Denmark’s oft-cited annual energy consumption of 32 TWh, closer to Morocco's consumption of 29 TWh.
Total Costs:
51% attack may require at least 10 days of sustained mining, at a minimum, based on the recent Bitcoin Cash hash wars:
Total cost of S9i attack: $971,814,740 + $30,977,820 = $1,002,792,560 Total cost of T15 attack: $1,808,111,227 + $22,013,740 = $1,830,124,967
Average cost of an attack: ($1,002,792,560 + $1,830,124,967) / 2 = $1,416,458,764
SOURCE: https://cryptoslate.com/analysis-bitcoin-costs-1-4-billion-to-51-attack-consumes-as-much-electricity-as-morocco/
submitted by jaumenuez to Bitcoin [link] [comments]

TERA CRYPTO CURRENCY PROJECT

TERA is an open source and collaborative project. It means everyone can view and eventually modify its source code for hehis own needs. And it also means anyone is welcome to integrate its working community. The Tera community works to develop, deploy and maintain Tera nodes and decentralized applications that are part of the TERA Network.
The TERA technology serves the cryptocurrency concepts, trying to design a modern coins and contracts blockchain application : fast block generation, high transaction throughput and user-friendly application. It was officialy launched on 30th of June 2018 on the bitcointalk forum.
[Yuriy Ivanov](mailto:[email protected]) is the founder and core developer of the project. The Tera community is more familiar with the alias « vtools ».

USER FRIENDLY APPLICATION

In the aim to make this crypto currency project more friendly to end-users, some interesting innovations have been implemented in regards to the first generation of crpyto currency applications. The bitcoin and its thousands of child or fork, required a good level of IT skills in order to manage all the application chain from its own : from miners and its hardware, through stratum servers, proxies, to blockchain nodes. The Tera project intend to go one step further regarding crypto currency features integration into a single application : once installed, an efficient web application is available on localhost on port 8080. Then, any web browser supporting javascript may be able to access this application and to operate fully the Tera node.

MINING A CRYPTO CURRENCY

MINING CONCEPT

The mining activity consist in calling a mathematical procedure we can’t predict the result before we run it. But we intend to obtain a very specific result, which usually consist in a certain number of 0 as the first chars before any random answer. If we found the nonce (a random object) combined with the transaction data and the coin algorithm that produce such result, we’ll have solve a transaction block and we’ll get a reward for that. Thanks to this work, the transaction listed in the block will be added to the blockchain and anyone will be able to check our work. That’s the concept of ‘proof of work’ allowing anyone to replay the mathematical procedure with the nonce discovered by the node that solved the block and to confirm block inclusion into the blockchain.

POLITICAL AND ETHICAL CONSIDERATIONS

The Tera project is young. It will have to face the same problems is facing today the Bitcoin platform :
Any Crypto Currency Project with the goal its money and contracts to be used as any other historical money or service contract has to consider its political and ethical usage. Processes have to be imagined, designed and implemented in order to be able to fight against extortion, corruption and illegal activities threating crypto-currency development.

FAST BLOCK GENERATION AND HIGH THROUGHPUT

CLASSIC CRYPTO CURRENCY FEATURES

wallet, accounts, payments, mining, node settings and utilities, blockchain explorer and utilities…

DECENTRALIZED APP CATALOGUE

d-app : forum, stock exchange, payment plugins for third party platform, …

TECHNOLOGY DEPENDENCIES

Tera is entirely written in Java) over the NodeJS library as functional layer in order to take advantages of a robust and high level library designed to allow large and effective network node management.
The miner part is imported from an external repository and is written in C in order to get the best performances for this module.
Tera is actually officially supported on Linux and Windows.
If you start mining Tera thanks to this article, you can add my account 188131 as advisor to yours. On simple demand I’ll refund you half of the extra coins generated for advisors when you’ll solve blocks (@freddy#8516 on discord).

MINING TERA

Mining Tera has one major design constraint : you need one public IP per Tera node or miner. Yet, you can easily mine it on a computer desktop at home. The mining algorithm has been designed in order to be GPU resistant. In order to mine Tera coin you’ll need a multi-core processor (2 minimum) and some RAM, between 1 and 4GB per process that will mine. The mining reward level depends of the « power » used to solve a block (Top Tera Miners).

COST AND USAGE CONSIDERATIONS

There is two main cost centers in order to mine a crypto currency :
  1. the cost of the hardware and the energy required to make a huge amount of mathematical operations connected to the blockchain network through the Internet,
  2. the human cost in order to deploy, maintain and keep running miners and blockchain nodes.
As the speculation actually drives the value of crypto currencies, it is not possible to answer if the mining activity is profitable or not. Moreover, hardware, energy and human costs are not the same around the globe. To appreciate if mining a crypto currency is profitable we should take all indirect costs : nature cost (for hardware and energy production), human cost (coins and contracts usage, social rights of blockchain workers).

Original: https://freddy.linuxtribe.frecherche-et-developpement/blockchain-cryptocurrency-mining/tera-crypto-currency-project/
Author: Freddy Frouin, [email protected].
submitted by Terafoundation to u/Terafoundation [link] [comments]

Bitcoin Mining Giant Holds Flash Sale to Celebrate Price 'Bottom'

Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all available at $200 each.
https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
submitted by joshcarnice to Bitcoin [link] [comments]

Check out my new Crypto mining and solution business. For checking it out I'll be giving back a little bit.

Someone is happy. Miner life. Old McDonald had a farm. Money machines. Out of my way plebs. 5 Bitcoin Antminer giveaway.
Wolfe Crypto Assets https://www.facebook.com/WolfCryptoIdea/
We will be giving away 2 Bitcoin Antminers at the end of June. 2 different people will win 1 each. 1 entry for a like of our Facebook page. 1 like per share of our Facebook page. 1 entry for any service used. 1 entry per Twitter retweet. 1 entry for Instagram like. On reddit give Wolfe Crypto Assets a shout out and screen shot it. PM me the info and I'll enter you in. All comments here will get you entered in. All inquiries will get you entered. ;)
(10 Terahash T9)
submitted by N8twon to BitcoinMining [link] [comments]

SQUIRE ENTERS INTO NON-BINDING LETTER OF INTENT AND EXCLUSIVE NEGOTIATIONS REGARDING ACQUISITION OF COINGEEK.COM AND 1.0 MILLION TH/S OF MINING ASSETS, FORMING THE LARGEST PUBLIC CRYPTO MINING COMPANY, AND NAME CHANGE TO “COINGEEK TECHNOLOGIES LTD.”

VANCOUVER, British Columbia, Nov. 30, 2018 (GLOBE NEWSWIRE) — Squire Mining Ltd. (CSE:SQR | FWB:9SQ | OTCQB:SQRMF) (“Squire”) is pleased to announce today it has entered into a non-binding letter of intent (the “Agreement”) and exclusivity with Bigfoot Holdings Group Ltd. (c.o.b. as CoinGeek Mining & Hardware) (together with its affiliates, “CoinGeek”) to purchase crypto mining assets owned by CoinGeek and certain of its affiliates representing approximately 1 million terahash/s of computing power (or approximately 960 petahash/s) and other blockchain related assets (the “Assets”), for total consideration of approximately CAD$60.3 million consisting of (i) 114,793,565 common shares of Squire, having a value of CAD$34.4 million based on the closing price of Squire’s common shares on the Canadian Stock Exchange (“CSE”) on November 29, 2018 of CAD$0.30 per share, and (ii) a vendor-take-back note in the amount of CAD$25.8 million, subject to adjustment at closing (the “Transaction”).
The Assets
The Assets consist of 62,440 ASIC mining rigs, representing approximately 960,000 terahash/s, or approximately 90.0 MW of power consumption, which, upon closing, would make Squire the largest publicly traded crypto mining company globally, as measured by terahash/s. The Assets are all operated by leading hosting providers and are allocated across the United States (35,940 rigs), Canada (6,000 rigs) and Kazakhstan (20,500 rigs). The all-in weighted average operational cost across the Assets being acquired in the Transaction is US$0.073 per kWh.
As part of the Transaction, Squire would also be taking on employees and consultants of CoinGeek involved with the management and operation of the assets and acquiring the marketing and advertising assets related to the CoinGeek name including the “CoinGeek.com” website and domain, existing prepayments made to and deposits with the respective hosting partners, as well as CoinGeek’s outstanding global distribution agreement for Squire’s ASIC chips and rigs.
Furthermore, as part of the Transaction, Squire would have a twelve-month right of first refusal to acquire CoinGeek’s remaining crypto mining assets.
“This Transaction would provide Squire with a leading, recognized brand via the acquisition of the CoinGeek.com and CoinGeek name, but it would also make us the largest, publicly traded Bitcoin miner globally. It is expected to deliver significant shareholder value by enabling Squire to become vertically integrated with our growing chip design and manufacturing business, which we would seek to have commercial within 2019,” said Taras Kulyk, Chief Executive Officer of Squire.
“I believe the next phase of growth for this industry is upon us and that means massive scaling of the Bitcoin blockchain to accommodate the throughput needed for enterprises to make use of this technology. By vending my mining and CoinGeek branded assets into Squire, I would be doubling-down on my commitment to Bitcoin’s success. These assets would enable Squire Mining Ltd to compete at a global level to pave a path for enterprise usage of blockchain technology to flourish,” said, Calvin Ayre, owner of the CoinGeek brand.
The Consideration
As noted above, CoinGeek would receive approximately 114.8 million common shares of Squire as partial consideration for the Assets. CoinGeek has agreed to enter into a voluntary one-year lock up on the common shares received. In addition, CoinGeek will receive an unsecured vendor-take-back (“VTB”) with a face value of CAD$25.8 million, a one-year term and a coupon of 15.0%. The principal amount of the VTB will be adjusted at closing of the Transaction (the “Closing”) to reflect any prepayments or prepaid deposits made in respect of the Assets between the signing of the Agreement and the Closing and by the amount (multiplied by CAD$0.45 per common share) by which the common shares to be issued would have exceeded the common share issued pursuant to the Transaction. In connection with a change of control, CoinGeek would be able to convert the VTB into common shares of Squire, with the number of common shares being equal to the principal amount and any accrued interest payments of the VTB divided by the then market price of the Squire common shares (based on a 30 day volume-weighted average), subject to a discount equal to the lesser of (i) 25%, and (ii) the maximum discount permitted under the policies of the CSE (or such other exchange as the Squire common shares may then be listed).
With the launch of Bitcoin SV (BSV), the Squire team is confident that this Transaction would be just the beginning as the company scales to match the anticipated enterprise-level and large volume usage of BSV’s cryptocurrency and blockchain. The BSV roadmap aims to enable massive on-chain scaling, and outlines for the crypto mining sector why that is important for the entire interrelated Bitcoin ecosystem. Much bigger blocks are needed to support higher commercial transaction volume, allowing miners to earn more transaction fees, which is critical for miners to stay profitable as Bitcoin’s block reward halves in 2020 and every several years after that. This is why BSV’s plan will in-turn drive growth in the mining hardware sector, reinforcing the Squire team’s optimism on future growth prospects.
Transaction
In addition to the negotiation and execution of definitive agreements between Squire and CoinGeek, the Transaction would be subject to a number of conditions, including, among others, (i) Squire being satisfied, in its sole and absolute discretion, with the results of its due diligence review in respect of the Assets, (ii) receipt of the conditional approval of the CSE, (iii) the Transaction not being subject to shareholder approval , (iv) receipt of required consents; and (v) execution of third party software licensing agreements in respect of the Assets. The letter of intent is non-binding and there is no assurance that the Transaction contemplated by it will be completed as proposed or at all.
The parties will seek close the Transaction on or about January 31, 2019. In conjunction with the Transaction, Squire intends to change its name to CoinGeek Technologies Ltd. and its fiscal year end from October 31 to December 31. The parties have agreed to an exclusivity period in the letter of intent ending on December 31, 2018, or such other date as the parties may mutually agree.
Canaccord Genuity Corp. is acting as exclusive financial advisor to Squire in respect of the Transaction.
Upon closing of the Transaction, Calvin Ayre, through the Antiguan Corporation Bigfoot Holdings Group Ltd. (“BHG”), would beneficially own or control 126,418,565 common shares of Squire representing approximately 53.3% of the issued and outstanding Squire common shares. The Squire common shares would be acquired by BHG for investment purposes only. Depending on market and other conditions, or as future circumstances may dictate, BHG may, from time to time, and subject to any contractual lock-up agreements (including the lock-up to be entered into in connection with the Transaction), increase or decrease its holdings of Squire common shares or other securities of Squire in accordance with applicable securities laws.
About Squire Mining Ltd.
Squire is a Canadian based company engaged, through its subsidiaries, in the business of developing data mining infrastructure and system technology to support global blockchain applications in the mining space including application specific integrated circuit (ASIC) chips and next generation mining rigs to mine Bitcoin SV, Bitcoin Core and other associated cryptocurrencies.
About CoinGeek Mining & Hardware
CoinGeek Mining & Hardware operates a global fleet of ASIC miners that provide the majority of the hash power to secure and scale the Bitcoin SV enterprise-grade blockchain. CoinGeek’s professional team has developed industry leading practices to ensure its mining fleet operates at maximum performance whilst optimizing its cost profile to maximize profitability.
For further information contact:
Taras Kulyk, JD, MBA Chief Executive Officer, Director Telephone: +1 (604) 260-6142
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes “forward-looking information” as defined under applicable Canadian securities legislation. Forward-looking information and statements include, but are not limited to, disclosure regarding possible events, the proposed completion of the Transaction including the acquisition of the CoinGeek Assets, together with CoinGeek’s marketing and advertising assets and exclusive distribution agreement, and the consideration and timing thereof, conditions or financial performance that are based on assumptions about future economic conditions and courses of action, the future hash rate, energy consumption performance and all-in weighted average operational cost of the ASIC mining rigs included in the Assets and the Company’s ability to successfully integrate the Assets into its current ASIC chip and mining rig development business. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, future demand for Bitcoin SV, Bitcoin Core and other cryptocurrencies and risks related to the mining thereof, integration issues, personnel and staffing requirements and technological change and obsolescence. See also the Company’s Form 2A Listing Statement dated July 31, 2018 (the “Listing Statement”) filed with the CSE and SEDAR for a discussion of risk factors facing the Company and its development and manufacture of ASIC chips and mining rigs. There are no assurances that the Company will successfully negotiate, enter into and complete a definitive purchase agreement for the Assets on the terms presently contemplated or at all. Actual results and future events could differ materially from those anticipated in such forward looking information. Accordingly, readers should not place undue reliance on forward-looking information. All forward looking information in this news release is made as of the date hereof and qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. The Company disclaims any intention or obligation to update or revise such forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
submitted by TrueInvestor to market [link] [comments]

Top 5 Tools For Successful Cryptotrader


Knowledge is power! In the age of rapid IT development every self-respecting crypto trader has to be prepared. Analytic tools capabilities are improving every day providing investors lots of resources for successful trading. Growing number of platforms are constantly adding new features allowing traders to make more relevant decision based on bigger amount of data.
The analysis of the relatively recent years shows that small percent of traders shows stable results in the long run. Complex and fundamental analysis of crypto projects, search for best strategy, choice of the trading platform, high volatility, constant track of prices make trader’s job laborious and busy that affect trader’s mental perception and consequently reasonability of this or that decision connected with trading activity.
To beginner and experienced traders’ come special tools mainly created to optimize traders’ performance and in some cases to fully automate some actions.

Coinhills

Progressive analytical service Coinhills attracts its users not only with a simplified control algorithm and a lot of useful functions, but also with a convenient structure of the main sections, where ratings, position of Bitcoin’s main competitors, foreign news aggregator, ICO news can be viewed.

Gekko

The Gekko trading bot is one of the many crypto bots available on the market. This is an open-source trading bot that can collect real-time data, price data, calculate indicators, and complete transactions. It can also test trading strategies using real data. Gekko is essentially an entry-level trading bot for people who are just learning and experimenting with different strategies. Its functionality is very limited compared to others competitors on the market. This allows users to take advantage of arbitrage and minimize risk. This is a good tool for those who try themselves as a crypto trader for the first time.
The main functional features of the bot are the following:
Aggregation of real market data
Calculation of indicators
Execution of current orders
Imitation of order execution
Calculation of profit and risk metrics
Displaying results in the web interface
Managed and imported historical market data
Simulation of live markets using historical data

Investy

Investy is a trading blockchain platform providing its users with advanced functionality for working on cryptoexchanges. A distinctive feature of the product is the ability to copy each other’s orders and make profit with the use of the success fee system. All operations pass through the API crypto exchange without direct transfer of assets.
The platform has a wide range of tools — solutions:
  1. Easy Trade — a trading terminal with an extended range of trader’s tools.
  2. Easy Trade dashboard — detailed statistics for your exchange accounts.
  3. TradeBattle — a tool that will allow you to unlock the talents of a crypto trader.
  4. Ability to work on any device from PC to mobile phone.
  5. Operations on several exchanges via one window.
  6. Security of personal data while using the service.

CoinSpectator

CoinSpectator is a free cryptocurrency news aggregator that allows traders, investors and enthusiasts to track thousands of industry news sources in real time mode. The site allows you to quickly respond to the latest cryptocurrency news, market volatility, investment tips, the ICO schedule, project phases and much more.
Every investor, who has been in cryptospace for a long period of time, understands that markets are not driven by just technical or fundamental indicators. In fact, it is a complex network of interactions with social media, news publications, rumors, as well as more typical technical and fundamental indicators that you can expect to see on traditional markets. CoinSpectator provides the ability to track data interactions.
CoinSpectator is a valuable tool for assessing the industry and learning, whether you are a blockchain enthusiast, a cryptocurrency trader or a crypto skeptic.

Bitcoincharts

Bitcoincharts is a website dedicated to cryptocurrency statistics that contains information about Bitcoin price, trading volumes and other information related to the Bitcoin network.
The portal provides detailed information on the total hashrate of the network, the number of blocks processed per hour and the total number of BTC in circulation. You can also get a general view of the bitcoin trading market based on data from exchanges.
There are some of the most valuable statistics published on Bitcoincharts:

Economy Stats

Block Stats

Conclusion

Being in a dynamic space such as the blockchain and the cryptocurrency market, any trader regardless of experience should always be in touch with the most up-to-date information. Trade in the cryptocurrency market continues to gain popularity, and according to estimates by various consulting agencies the market capitalization of cryptocurrencies will exceed one trillion US dollars by 2030. The potential of blockchain technology is great, and along with it the profession of a crypto trader is becoming increasingly popular. The presented selection will help you to start your way to the industry correctly, leaving behind a large number of risks faced by all novice traders.
submitted by Mindreactions to CryptoCurrencyTrading [link] [comments]

Bitcoin Mining Profits - YouTube Mining Dogecoin With Genesis Mining ( With 1TH/s) [2020 HOT] How to make almost 1k/month in BTC without any investment ! Free Bitcoin Mining Power 0.10 Tera Hash Cloud Minig Power new site  1000 ghs minig power Bitcoins - YouTube

The difficulty level is a number expressing 'how difficult' it is to find a new block. Difficulty changes approximately every two weeks. Current value is updated every 2 hours from Bitcoin Block Explorer: more on difficulty Bitcoin Block Explorer: hash rate: Specify how many mega-hashes per second each worker (graphics card or cpu) is able to We know the network adjusts for 25 new bitcoins per 10 minutes. Together this provides enough info to give an approximate answer to your question: hashes per bitcoin = (network hash rate) / (25 BTC per 10 minutes) = (180 * Th / s) / (25 * BTC / (600 * s) ) = 180 * 600 / 25 * Th / s / BTC * s = 2,700 Th / BTC = 2,700,000,000,000,000 h/BTC Hashstack ™ is the ultimate password cracking software stack, designed and developed by the world's top password crackers for true password cracking professionals, and exclusively available on Terahash ® turn-key password cracking appliances.. Optimized Workflow. Modeled after Team Hashcat's own workflows, Hashstack ™ works the way you work and is designed with team collaboration at the There is no ‘required’ amount of hash power to mine a block. It is all a game of luck, a race against the rest of the network. To mine a valid block roughly once per hour, you would be mining a sixth of the total blocks (~6 blocks mined per hour), so in theory you would need around a sixth of the total hashpower on the bitcoin network. 1 mega hash per second is one million (1,000,000) hashes per second. 1 giga hash per second is one billion (1,000,000,000) hashes per second. 1 tera hash per second is one trillion

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Bitcoin Mining Profits - YouTube

In this video, I show how much you will make per day if you allocate 1 TH/s (Terahash) from Genesis Mining to mine Dogecoin. CoinPot Website - https://coinpot.co Genesis Mining Website - https ... site link:- https://antminecloud.com/ref/Grh0BAplmwxQ Free Bitcoin Mining Power 0.10 Tera Hash Cloud Minig Power free 1 tera hash power for bitcoin mine free... Bitcoin Mining Results August 2017 W4 Mining Bitcoin At 105 TeraHash Per Second! by Crypto Mining. 6:50. Bitcoin Mining Results August 2017 W3 Happy Days At Miners Paradise! INNOSILICON A4 Dominator 192.168.1.254 Overclocking mode Voltage 828 mV Speed 1224 Mhz Go to ZoomHash.com to purchase your asic and use promo code: VAZ5 to get your 5% OFF. Bitcoin the 100 TeraHash Milestone ... In this video Jason talks about how the Bitcoin network has surpassed 100 Terra Hashes a second and then he follows up with an informative discussion about ...

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