5 Best Bitcoin Mining Hardware ASIC Machines (2020 Rigs)

ASICS are, by definition, some of the simplest silicon to make - why is there a near monopoly on ASIC production? /r/Bitcoin

ASICS are, by definition, some of the simplest silicon to make - why is there a near monopoly on ASIC production? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The Bitcoin Stockholm Syndrome AKA Jihan Wu, Bitmain and ASIC. A change of PoW is the only definitive long term solution. /r/Bitcoin

The Bitcoin Stockholm Syndrome AKA Jihan Wu, Bitmain and ASIC. A change of PoW is the only definitive long term solution. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

ASIC bitcoin miner arms race: the definitive CoinDesk roundup

ASIC bitcoin miner arms race: the definitive CoinDesk roundup submitted by bitkeef to BitcoinMining [link] [comments]

ASIC Bitcoin Miners: The Definitive Coindesk Roundup

ASIC Bitcoin Miners: The Definitive Coindesk Roundup submitted by xezirone to Bitcoin [link] [comments]

This is Why We Have RandomX

https://www.coindesk.com/bitmain-delays-bitcoin-miner-shipments-by-three-months-as-co-founders-battle-on
I doubt very much the official Bitmain story here. I bet this isn't so much about an internal power struggle, as it is about hash wars. They want to delay shipments to anyone who might be a competitor.
This is the state of Bitcoin and crypto mining. You beg a Chinese manufacturer with 75% of the ASIC marketshare to sell you some units, and pray that they actually gets sent in a reasonable timeframe to be profitable.
I guess there's a couple other ASIC manufacturers, but I'm assuming it's not exactly easy to get on the top of their list either.
A large number of Bitcoin's failings trace directly back to the mining ecosystem. Satoshi's invention was the minimum viable, but definitely not ideal.
submitted by bawdyanarchist to Monero [link] [comments]

Multi apartment clustered cryptocurrency mining rig

So you’ve probably just heard all your classes are online. And now you’re trying to sublet your apartment but no one’s gonna take it. So now you’re gonna be paying at least $1000/month for an empty apartment. I have a proposal that can reduce that cost and possibly turn a profit.
Firstly, we have a very high risk credit market on our hands. The Federal Reserve has been pumping money into the economy and at some point the US dollar will have to inflate while growth stagnates (aka stagflation). During stagflationary periods in the past the price of non-fiat currencies like gold or silver has skyrocketed. Recently cryptocurrencies have emerged with the same general economic properties of such commodities. Therefore we may see an increase in their values as the Fed keeps pumping more money into the economy.
As of now in order to generate enough money per month to pay off rent in South Campus Commons, each apartment would need a Bitcoin rig capable of generating ~2200 TH/s (since you don’t pay for electricity). For the Varsity and View this might have to be higher considering the cost of electricity. This is definitely possible with new ASIC chips that are solely built for the purpose of running Bitcoin hashing algorithms. For other cryptocurrencies (Ethereum, Litecoin, Dogecoin), these rates may be different. But like any good portfolio manager, diversifying our investments will ensure we have a profitable outcome.
If enough students come together to construct a Bitcoin mining rig in their apartments we could essentially create a multi apartment clustered miner to be able to generate Bitcoin. On top of that, because campus server resources will be diminished due to online classes, we can in turn utilize that computing power to help mine such cryptocurrencies. As a result we won’t have to find people to sublet our apartments to and won’t have to worry about the financial undertakings associated with it.
TL;DR: Corona collectively fucked everyone in the ass and we should build a massive Bitcoin rig to pay off our rent.
submitted by terpetrator251 to UMD [link] [comments]

$MARA Is One Hot Crypto Ticker

http://garbage2gucci.com/2020/08/03/mara-is-one-hot-crypto-ticke
Another penny stock ticker that’s worth noting and keeping on your watchlist is $MARA. The momentum, traction, and attention that this company has been getting are certainly something investors shouldn’t neglect.
Before we move on a little further into the market summary, here’s a brief summary of Marathon Patent Group, Inc. for investors who have never heard of it.
Brief Summary: Marathon Patent Group, Inc. / $MARA
To keep it short, Marathon Patent Group, Inc. is a digital asset company that focuses on mining cryptocurrencies. According to numerous cryptocurrency believers, this type of currency will be the future.
What do you think?
Marathon Patent Group’s focus on the blockchain has intrigued many cryptocurrency investors. At the moment, the company is currently operating a mining facility in Quebec.
Whether cryptocurrencies will be the future or not, the topic has been a debate since the beginning and introduction of Bitcoin.
Let’s go over the current market summary of $MARA.
Marathon Patent Group, Inc. Price, Market Cap, And Volume

https://preview.redd.it/e67n1z27mse51.png?width=431&format=png&auto=webp&s=45f038c5ac302410fb3c78fdb14c0d47d1f16b9e
At the moment, the price of $MARA is $1.04 after the market closed on Friday. When comparing the current volume to the average volume, the current volume outweighs the average. The average volume of $MARA is 5,718,766 while Friday’s market movement displays a volume of 24,926,863 shares. That’s definitely incredible. Another attractive market stats about $MARA is that the market cap is only at $22.652 million. We definitely still have a lot of room to move up.
According to Yahoo Finance, its algorithm detected a bullish signal expecting a positive price movement within the next several weeks.
With all that aside, let’s hear about Marathon Patent Group’s latest news and reports.
Marathon Patent Group: Latest News
May 19th, 2020: Published by GlobeNewswire, it was reported that Marathon Patent Group made an additional purchase of 500 the latest generation of Bitmain S19 Pro Miners.
To give you additional stats and info about this purchase, the company will be able to:
The amount paid comes out to $1,258,500 and expecting the units by the end of August.
June 3rd, 2020: Published by GlobeNewswire, the article mentioned that Marathon Patent Group installed 700 MS30S+ ASIC miners as well as being debt-free.
Now that’s two good news in one.
Mentioned in the press release, Marathon Patent Group’s long-term debt is now at zero.
June 11th, 2020: Published by GlobeNewswire, it was announced that Marathon Patent Group made another purchase of 500 more of the latest version of S19 Pro ASIC miners. This purchase cost $1,190,000 and they’re expecting to receive these units by the end of September.
Now – the good news is that Marathon Patent Group will have 500 units installed in August and another 500 units in September. Because of this, investors can expect higher earning coming from the company.
As of right now, it’s worth keeping $MARA on your watchlist to see how the price will move within the next couple of months.
Note: For this $MARA guide, please note that this post isn’t to help investors make a financial decision. It’s advised that readers should do their own due diligence.
————————————————————————————————————————–
If you’re interested in furthering this discussion, you’re Invited to my free Telegram Stocks Talk Chatroom. In my free Telegram Stocks Chatroom, we talk about speculative stocks every day during market hours.
My chatroom is for all levels of experience and you are welcome to just spend a session or two with us and see if we can be another useful resource toward helping you succeed. Here’s the LINK
submitted by ShantaeHopton to pennystocks [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by coldfeet45 to BitcoinMining [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by armabotwe to nem [link] [comments]

Filecoin | Development Status and Mining Progress

Author: Gamals Ahmed, CoinEx Business Ambassador
https://preview.redd.it/5bqakdqgl3g51.jpg?width=865&format=pjpg&auto=webp&s=b709794863977eb6554e3919b9e00ca750e3e704
A decentralized storage network that transforms cloud storage into an account market. Miners obtain the integrity of the original protocol by providing data storage and / or retrieval. On the contrary, customers pay miners to store or distribute data and retrieve it.
Filecoin announced, that there will be more delays before its main network is officially launched.
Filecoin developers postponed the release date of their main network to late July to late August 2020.
As mentioned in a recent announcement, the Filecoin team said that the initiative completed the first round of the internal protocol security audit. Platform developers claim that the results of the review showed that they need to make several changes to the protocol’s code base before performing the second stage of the software testing process.
Created by Protocol Labs, Filecoin was developed using File System (IPFS), which is a peer-to-peer data storage network. Filecoin will allow users to trade storage space in an open and decentralized market.
Filecoin developers implemented one of the largest cryptocurrency sales in 2017. They have privately obtained over $ 200 million from professional or accredited investors, including many institutional investors.
The main network was slated to launch last month, but in February 2020, the Philly Queen development team delayed the release of the main network between July 15 and July 17, 2020.
They claimed that the outbreak of the Coronavirus (COVID-19) in China was the main cause of the delay. The developers now say that they need more time to solve the problems found during a recent codecase audit.
The Filecoin team noted the following:
“We have drafted a number of protocol changes to ensure that building our major network launch is safe and economically sound.” The project developers will add them to two different implementations of Filecoin (Lotus and go-filecoin) in the coming weeks.
Filecoin developers conducted a survey to allow platform community members to cast their votes on three different launch dates for Testnet Phase 2 and mainnet.
The team reported that the community gave their votes. Based on the vote results, the Filecoin team announced a “conservative” estimate that the second phase of the network test should begin by May 11, 2020. The main Filecoin network may be launched sometime between July 20 and August 21, 2020.
The updates to the project can be found on the Filecoin Road Map.
Filecoin developers stated:
“This option will make us get the most important protocol changes first, and then implement the rest as protocol updates during testnet.” Filecoin is back down from the final test stage.
Another filecoin decentralized storage network provider launched its catalytic test network, the final stage of the storage network test that supports the blockchain.
In a blog post on her website, Filecoin said she will postpone the last test round until August. The company also announced a calibration period from July 20 to August 3 to allow miners to test their mining settings and get an idea of how competition conditions affected their rewards.
Filecoin had announced earlier last month that the catalytic testnet test would precede its flagship launch. The delay in the final test also means that the company has returned the main launch window between August 31 and September 21.
Despite the lack of clear incentives for miners and multiple delays, Filecoin has succeeded in attracting huge interest, especially in China. Investors remained highly speculating on the network’s mining hardware and its premium price.
Mining in Filecoin
In most blockchain protocols, “miners” are network participants who do the work necessary to promote and maintain the blockchain. To provide these services, miners are compensated in the original cryptocurrency.
Mining in Filecoin works completely differently — instead of contributing to computational power, miners contribute storage capacity to use for dealing with customers looking to store data.
Filecoin will contain several types of miners:
Storage miners responsible for storing files and data on the network. Miners retrieval, responsible for providing quick tubes for file recovery. Miners repair to be carried out.
Storage miners are the heart of the network. They earn Filecoin by storing data for clients, and computerizing cipher directories to check storage over time. The probability of earning the reward reward and transaction fees is proportional to the amount of storage that the Miner contributes to the Filecoin network, not the hash power.
Retriever miners are the veins of the network. They earn Filecoin by winning bids and mining fees for a specific file, which is determined by the market value of the said file size. Miners bandwidth and recovery / initial transaction response time will determine its ability to close recovery deals on the network.
The maximum bandwidth of the recovery miners will determine the total amount of deals that it can enter into.
In the current implementation, the focus is mostly on storage miners, who sell storage capacity for FIL.

Hardware recommendations

The current system specifications recommended for running the miner are:
Compared to the hardware requirements for running a validity checker, these standards are much higher — although they definitely deserve it. Since these will not increase in the presumed future, the money spent on Filecoin mining hardware will provide users with many years of reliable service, and they pay themselves many times. Think of investing as a small business for cloud storage. To launch a model on the current data hosting model, it will cost millions of dollars in infrastructure and logistics to get started. With Filecoin, you can do the same for a few thousand dollars.
Proceed to mining
Deals are the primary function of the Filecoin network, and it represents an agreement between a client and miners for a “storage” contract.
Once the customer decides to have a miner to store based on the available capacity, duration and price required, he secures sufficient funds in a linked portfolio to cover the total cost of the deal. The deal is then published once the mine accepts the storage agreement. By default, all Filecoin miners are set to automatically accept any deal that meets their criteria, although this can be disabled for miners who prefer to organize their deals manually.
After the deal is published, the customer prepares the data for storage and then transfers it to the miner. Upon receiving all the data, the miner fills in the data in a sector, closes it, and begins to provide proofs to the chain. Once the first confirmation is obtained, the customer can make sure the data is stored correctly, and the deal has officially started.
Throughout the deal, the miner provides continuous proofs to the chain. Clients gradually pay with money they previously closed. If there is missing or late evidence, the miner is punished. More information about this can be found in the Runtime, Cut and Penalties section of this page.
At Filecoin, miners earn two different types of rewards for their efforts: storage fees and reward prevention.
Storage fees are the fees that customers pay regularly after reaching a deal, in exchange for storing data. This fee is automatically deposited into the withdrawal portfolio associated with miners while they continue to perform their duties over time, and is locked for a short period upon receipt.
Block rewards are large sums given to miners calculated on a new block. Unlike storage fees, these rewards do not come from a linked customer; Instead, the new FIL “prints” the network as an inflationary and incentive measure for miners to develop the chain. All active miners on the network have a chance to get a block bonus, their chance to be directly proportional to the amount of storage space that is currently being contributed to the network.
Duration of operation, cutting and penalties
“Slashing” is a feature found in most blockchain protocols, and is used to punish miners who fail to provide reliable uptime or act maliciously against the network.
In Filecoin, miners are susceptible to two different types of cut: storage error cut, unanimously reduce error.
Storage Error Reduction is a term used to include a wider range of penalties, including error fees, sector penalties, and termination fees. Miners must pay these penalties if they fail to provide reliability of the sector or decide to leave the network voluntarily.
An error fee is a penalty that a miner incurs for each non-working day. Sector punishment: A penalty incurred by a miner of a disrupted sector for which no error was reported before the WindowPoSt inspection.
The sector will pay an error fee after the penalty of the sector once the error is discovered.
Termination Fee: A penalty that a miner incurs when a sector is voluntary or involuntarily terminated and removed from the network.
Cutting consensus error is the penalty that a miner incurs for committing consensus errors. This punishment applies to miners who have acted maliciously against the network consensus function.
Filecoin miners
Eight of the top 10 Felticoin miners are Chinese investors or companies, according to the blockchain explorer, while more companies are selling cloud mining contracts and distributed file sharing system hardware. CoinDesk’s Wolfe Chao wrote: “China’s craze for Filecoin may have been largely related to the long-standing popularity of crypto mining in the country overall, which is home to about 65% of the computing power on Bitcoin at discretion.”
With Filecoin approaching the launch of the mainnet blocknet — after several delays since the $ 200 million increase in 2017 — Chinese investors are once again speculating strongly about network mining devices and their premium prices.
Since Protocol Labs, the company behind Filecoin, released its “Test Incentives” program on June 9 that was scheduled to start in a week’s time, more than a dozen Chinese companies have started selling cloud mining contracts and hardware — despite important details such as economics Mining incentives on the main network are still endless.
Sales volumes to date for each of these companies can range from half a million to tens of millions of dollars, according to self-reported data on these platforms that CoinDesk has watched and interviews with several mining hardware manufacturers.
Filecoin’s goal is to build a distributed storage network with token rewards to spur storage hosting as a way to drive wider adoption. Protocol Labs launched a test network in December 2019. But the tokens mined in the testing environment so far are not representative of the true silicon coin that can be traded when the main network is turned on. Moreover, the mining incentive economics on testnet do not represent how final block rewards will be available on the main network.
However, data from Blockecoin’s blocknetin testnet explorers show that eight out of 10 miners with the most effective mining force on testnet are currently Chinese miners.
These eight miners have about 15 petabytes (PB) of effective storage mining power, accounting for more than 85% of the total test of 17.9 petable. For the context, 1 petabyte of hard disk storage = 1000 terabytes (terabytes) = 1 million gigabytes (GB).
Filecoin craze in China may be closely related to the long-standing popularity of crypt mining in the country overall, which is home to about 65% of the computing power on Bitcoin by estimation. In addition, there has been a lot of hype in China about foreign exchange mining since 2018, as companies promote all types of devices when the network is still in development.
“Encryption mining has always been popular in China,” said Andy Tien, co-founder of 1475, one of several mining hardware manufacturers in Philquin supported by prominent Chinese video indicators such as Fenbushi and Hashkey Capital.
“Even though the Velikoyen mining process is more technologically sophisticated, the idea of mining using hard drives instead of specialized machines like Bitcoin ASIC may be a lot easier for retailers to understand,” he said.
Meanwhile, according to Feixiaohao, a Chinese service comparable to CoinMarketCap, nearly 50 Chinese crypto exchanges are often somewhat unknown with some of the more well-known exchanges including Gate.io and Biki — have listed trading pairs for Filecoin currency contracts for USDT.
In bitcoin mining, at the current difficulty level, one segment per second (TH / s) fragmentation rate is expected to generate around 0.000008 BTC within 24 hours. The higher the number of TH / s, the greater the number of bitcoins it should be able to produce proportionately. But in Filecoin, the efficient mining force of miners depends on the amount of data stamped on the hard drive, not the total size of the hard drive.
To close data in the hard drive, the Filecoin miner still needs processing power, i.e. CPU or GPU as well as RAM. More powerful processors with improved software can confine data to the hard drive more quickly, so miners can combine more efficient mining energy faster on a given day.
As of this stage, there appears to be no transparent way at the network level for retail investors to see how much of the purchased hard disk drive was purchased which actually represents an effective mining force.
The U.S.-based Labs Protocol was behind Filecoin’s initial coin offer for 2017, which raised an astonishing $ 200 million.
This was in addition to a $ 50 million increase in private investment supported by notable venture capital projects including Sequoia, Anderson Horowitz and Union Square Ventures. CoinDk’s parent company, CoinDk, has also invested in Protocol Labs.
After rounds of delay, Protocol Protocols said in September 2019 that a testnet launch would be available around December 2019 and the main network would be rolled out in the first quarter of 2020.
The test started as promised, but the main network has been delayed again and is now expected to launch in August 2020. What is Filecoin mining process?
Filecoin mainly consists of three parts: the storage market (the chain), the blockecin Filecoin, and the search market (under the chain). Storage and research market in series and series respectively for security and efficiency. For users, the storage frequency is relatively low, and the security requirements are relatively high, so the storage process is placed on the chain. The retrieval frequency is much higher than the storage frequency when there is a certain amount of data. Given the performance problem in processing data on the chain, the retrieval process under the chain is performed. In order to solve the security issue of payment in the retrieval process, Filecoin adopts the micro-payment strategy. In simple terms, the process is to split the document into several copies, and every time the user gets a portion of the data, the corresponding fee is paid. Types of mines corresponding to Filecoin’s two major markets are miners and warehousers, among whom miners are primarily responsible for storing data and block packages, while miners are primarily responsible for data query. After the stable operation of the major Filecoin network in the future, the mining operator will be introduced, who is the main responsible for data maintenance.
In the initial release of Filecoin, the request matching mechanism was not implemented in the storage market and retrieval market, but the takeover mechanism was adopted. The three main parts of Filecoin correspond to three processes, namely the stored procedure, retrieval process, packaging and reward process. The following figure shows the simplified process and the income of the miners:
The Filecoin mining process is much more complicated, and the important factor in determining the previous mining profit is efficient storage. Effective storage is a key feature that distinguishes Filecoin from other decentralized storage projects. In Filecoin’s EC consensus, effective storage is similar to interest in PoS, which determines the likelihood that a miner will get the right to fill, that is, the proportion of miners effectively stored in the entire network is proportional to final mining revenue.
It is also possible to obtain higher effective storage under the same hardware conditions by improving the mining algorithm. However, the current increase in the number of benefits that can be achieved by improving the algorithm is still unknown.
It seeks to promote mining using Filecoin Discover
Filecoin announced Filecoin Discover — a step to encourage miners to join the Filecoin network. According to the company, Filecoin Discover is “an ever-growing catalog of numerous petabytes of public data covering literature, science, art, and history.” Miners interested in sharing can choose which data sets they want to store, and receive that data on a drive at a cost. In exchange for storing this verified data, miners will earn additional Filecoin above the regular block rewards for storing data. Includes the current catalog of open source data sets; ENCODE, 1000 Genomes, Project Gutenberg, Berkley Self-driving data, more projects, and datasets are added every day.
Ian Darrow, Head of Operations at Filecoin, commented on the announcement:
“Over 2.5 quintillion bytes of data are created every day. This data includes 294 billion emails, 500 million tweets and 64 billion messages on social media. But it is also climatology reports, disease tracking maps, connected vehicle coordinates and much more. It is extremely important that we maintain data that will serve as the backbone for future research and discovery”.
Miners who choose to participate in Filecoin Discover may receive hard drives pre-loaded with verified data, as well as setup and maintenance instructions, depending on the company. The Filecoin team will also host the Slack (fil-Discover-support) channel where miners can learn more.
Filecoin got its fair share of obstacles along the way. Last month Filecoin announced a further delay before its main network was officially launched — after years of raising funds.
In late July QEBR (OTC: QEBR) announced that it had ceded ownership of two subsidiaries in order to focus all of the company’s resources on building blockchain-based mining operations.
The QEBR technology team previously announced that it has proven its system as a Filecoin node valid with CPU, GPU, bandwidth and storage compatibility that meets all IPFS guidelines. The QEBR test system is connected to the main Filecoin blockchain and the already mined filecoin coin has already been tested.
“The disclosure of Sheen Boom and Jihye will allow our team to focus only on the upcoming global launch of Filecoin. QEBR branch, Shenzhen DZD Digital Technology Ltd. (“ DZD “), has a strong background in blockchain development, extraction Data, data acquisition, data processing, data technology research. We strongly believe Filecoin has the potential to be a leading blockchain-based cryptocurrency and will make every effort to make QEBR an important player when Mainecoin mainnet will be launched soon”.
IPFS and Filecoin
Filecoin and IPFS are complementary protocols for storing and sharing data in a decentralized network. While users are not required to use Filecoin and IPFS together, the two combined are working to resolve major failures in the current web infrastructure.
IPFS
It is an open source protocol that allows users to store and transmit verifiable data with each other. IPFS users insist on data on the network by installing it on their own device, to a third-party cloud service (known as Pinning Services), or through community-oriented systems where a group of individual IPFS users share resources to ensure the content stays live.
The lack of an integrated catalytic mechanism is the challenge Filecoin hopes to solve by allowing users to catalyze long-term distributed storage at competitive prices through the storage contract market, while maintaining the efficiency and flexibility that the IPFS network provides.
Using IPFS
In IPFS, the data is hosted by the required data installation nodes. For data to persist while the user node is offline, users must either rely on their other peers to install their data voluntarily or use a central install service to store data.
Peer-to-peer reliance caching data may be a good thing as one or multiple organizations share common files on an internal network, or where strong social contracts can be used to ensure continued hosting and preservation of content in the long run. Most users in an IPFS network use an installation service.
Using Filecoin
The last option is to install your data in a decentralized storage market, such as Filecoin. In Filecoin’s structure, customers make regular small payments to store data when a certain availability, while miners earn those payments by constantly checking the integrity of this data, storing it, and ensuring its quick recovery. This allows users to motivate Filecoin miners to ensure that their content will be live when it is needed, a distinct advantage of relying only on other network users as required using IPFS alone.
Filecoin, powered by IPFS
It is important to know that Filecoin is built on top of IPFS. Filecoin aims to be a very integrated and seamless storage market that takes advantage of the basic functions provided by IPFS, they are connected to each other, but can be implemented completely independently of each other. Users do not need to interact with Filecoin in order to use IPFS.
Some advantages of sharing Filecoin with IPFS:
Of all the decentralized storage projects, Filecoin is undoubtedly the most interested, and IPFS has been running stably for two years, fully demonstrating the strength of its core protocol.
Filecoin’s ability to obtain market share from traditional central storage depends on end-user experience and storage price. Currently, most Filecoin nodes are posted in the IDC room. Actual deployment and operation costs are not reduced compared to traditional central cloud storage, and the storage process is more complicated.
PoRep and PoSt, which has a large number of proofs of unknown operation, are required to cause the actual storage cost to be so, in the early days of the release of Filecoin. The actual cost of storing data may be higher than the cost of central cloud storage, but the initial storage node may reduce the storage price in order to obtain block rewards, which may result in the actual storage price lower than traditional central cloud storage.
In the long term, Filecoin still needs to take full advantage of its P2P storage, convert storage devices from specialization to civil use, and improve its algorithms to reduce storage costs without affecting user experience. The storage problem is an important problem to be solved in the blockchain field, so a large number of storage projects were presented at the 19th Web3 Summit. IPFS is an important part of Web3 visibility. Its development will affect the development of Web3 to some extent. Likewise, Web3 development somewhat determines the future of IPFS. Filecoin is an IPFS-based storage class project initiated by IPFS. There is no doubt that he is highly expected.
Resources :
  1. https://www.coindesk.com/filecoin-pushes-back-final-testing-phase-announces-calibration-period-for-miners
  2. https://docs.filecoin.io/mine/#types-of-miners https://www.nasdaq.com/articles/inside-the-craze-for-filecoin-crypto-mining-in-china-2020-07-12؟amp
  3. https://www.prnewswire.com/news-releases/qebr-streamlines-holdings-to-concentrate-on-filecoin-development-and-mining-301098731.html
  4. https://www.crowdfundinsider.com/2020/05/161200-filecoin-seeks-to-boost-mining-with-filecoin-discove
  5. https://zephyrnet.com/filecoin-seeks-to-boost-mining-with-filecoin-discove
  6. https://docs.filecoin.io/introduction/ipfs-and-filecoin/#filecoin-powered-by-ipfs
submitted by CoinEx_Institution to filecoin [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to CryptoCurrencyTrading [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to CryptoCurrencies [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to BytecoinBCN [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to cryptomining [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to MiningPoolHub [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillylamb44 to CryptoMiningTalk [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to nexusearth [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by tdd4513 to Crypto_General [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by armabotwe to ico [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by armabotwe to ethdev [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to XeraExchange [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by sillycheetah59 to komodoplatform [link] [comments]

Bitcoin Core Propaganda against ASIC miners & Bitmain Ano ang BITCOIN for Beginners (tagalog) Bitcoin Basics ... ✅ Crypto Currency Miner ASIC Mining Machine from AliExpress Lohnt sich ASIC Bitcoin Mining in Deutschland? März 2018 Bitcoin and cryptocurrency mining explained - YouTube

ASIC – Definition: Unter einem Application-Specific-Integrated-Circuit versteht man einen speziellen Silikon-Chip, der in Bezug auf den Bitcoin nur eine einzige Aufgabe erfüllt. Bei dieser anwendungsspezifischen integrierten Schaltung handelt es sich um eine elektronische Schaltung. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a Bitcoin ASIC miner can mine only bitcoin. Think of Bitcoin ASICs as specialized Bitcoin mining computers, or ... ASIC’s Annual Report for the 2019-20 financial year has been tabled today in the Australian Parliament. . The report is a record of ASIC’s ... 23 October 2020 - MEDIA RELEASE 20-254MR ASIC product intervention order strengthens CFD protections ASIC has made a product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients ... Definition: ASIC is an acronym for Application Specific Integrated Circuit.An ASIC miner is a computing unit comprised of specially designed chips, motherboards, and power supplies built for the sole purpose of mining cryptocurrencies. ASICs are capable of attaining significantly higher hash rates and, thus, earn more than conventional computers. Bitcoin-ASIC-Miner sind keine allgemeinen integrierten Schaltkreise, sondern spezielle integrierte Schaltkreise, die ausschließlich für die Aufrechterhaltung der Bitcoin-Blockchain entwickelt wurden - einer öffentlichen Datenbank, in der digitale Informationen gespeichert werden. Die Entwicklung und Herstellung von ASICs als Mining-Geräte ist teuer und komplex. Da ASICs jedoch speziell ...

[index] [32385] [46690] [4047] [27051] [8926] [48105] [46596] [23882] [40832] [24553]

Bitcoin Core Propaganda against ASIC miners & Bitmain

🔸Steve Wozniak interview: Blockchain technology, AI, Crypto, Bitcoin BTC Halving 2020 Steve Wozniak 36,006 watching Live now The Notorious B.I.G. - Juicy (Official Music Video) - Duration: 4:13. Im heutigen Video erkläre ich euch, warum ein ASIC Miner wie der Antminer S9 von Bitmain nur eingeschränkt profitabel ist und sich nur mit sehr niedrigen Stromkosten lohnen würde. Vorher gehe ... Bitcoin and cryptocurrency mining explained with the Byzantine Generals Problem. We use it to explain the essence of cryptocurrency mining. https://www.udemy... Every now and then I keep coming across this narrative from Core supporters and their advocates (I have to call them that as this is how they are acting, I am judging them based on their actions ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin mining is the process of updating the ledger of Bitcoin transactions known as th...

#