5 chip USB Gridseed Miner for Scrypt / Asic for Bitcoin Litecoin SHA BTC LTC DOGE alts - 37k doge
Anyone interested in this? I was going to sell it to some guy in Russia but before I dive down that hole, I wanted to offer it to the community first. I was thinking in the neighborhood of 37,000 doge or so, I think I paid double or triple than that originally. It looks like this: Gridseed miner Basically 5 watts of power (less? without the fans) for 300KH/s of Scrypt mining or 11GH/s of SHA-256 (bitcoin) mining. Let me know soon before I let it go.
New Company Claims to be Selling ASIC For Bitcoin Mining
A new website; www.asxproject.com (from Shenzhen, China) claims to be selling ASIC mining systems with hashrates ranging from 25-125 GH/s when they open in 3 days. According to their RSS feed they have no customer service office and are an online based company. Does anybody have a legitimacy confirmation or information about them?
I've been buying bitcoins since the first time it hit $1,000. Hear me out
That was several years ago. I have never sold a single bitcoin, and although I kinda wish I did when it hit $19,000, I didn't know where it would go. Those people telling you to sell at $19k because it was obvious it was overpriced would have told you the same at 9k, 10k, 11k, 12k, etc. Fact is, if bitcoin could reach 19k, it could reach 30k, 40k, no problems. I've bought my first bitcoin during the bitcoin craze, when it broke $1,000 USD. It then crashed to $200 but at this point, I was hooked, and kept buying with a budget of $1,000 per month. This includes buying bitcoins at $200, $300, $500, etc. This includes YEARS of having no return on my bitcoin investment while stock soared. My thought today? Well, I am now buying $2,000 of bitcoins every month. I don't plan on selling in the next 5+ years unless we get a crazy run and the price is so high I can't refuse - but even there, it will be hoping for a crash (which we may or may not get, don't believe the naysayers) to buy even more bitcoins. I fundamentally believe in bitcoins. I think they will last. I think they will keep going up and I think this is the best way to store money, savings-wise, for the long term. People telling you that bitcoins aren't based on stocks and a business forget that businesses crash all the time too. Look at EA and NVDA for instance, down nearly 50% in the last month. Bitcoins DO have a business and it's being a parallel financial system. I won't do a full study of them here, but there definitely is a need for bitcoins worldwide. I am self-employed and am often paid in bitcoins simply because it's faster and cheaper than paypal et al. Paypal takes as much as 10% in fees for me and it's days before I can get the money. Trading bitcoins in person, I can avoid nearly all fees and even charge a premium. Bitcoins aren't going anywhere. Et her might or might not suceed (my own guess is that it suceeds, but that's what it is: a guess), the rest of cryptos might or not be there in ten years, but bitcoins will be there. Other cryptos NEED bitcoins to suceed to even exist because it's the golden standard. 100% of my savings are in bitcoins and I will conclude by saying this: People say bitcoins "died" all the time. It was the same when it hit $200 last time. People would tell me to sell and recoup some of my losses, that bitcoin was going back to 1 cent, etc. People don't know shit. People don't know where it's going. I don't know where it's going. I think it's going up, I think bitcoins are barely starting and I will say this, companies that spend $100M+ to develop new ASICS for bitcoins seem to think that bitcoins are valuable too. Lastly, the trading price on exchanges is misleading because it can be heavily manipulated. Wallet A can easily "sell" his bitcoin to wallet B and it would be part of the trading volume. I don't trust short-term price. I think a fairer price for bitcoins would be the average of the last 12 months or something like that. TLDR: I am not afraid for bitcoins future at all, it is already used a lot and it is truly game-changing. It's the best crypto and the one most likely to suceed. Stop panicking and ignore the FUD from trolls. People bash bitcoins because:
They are jealous of those who became rich using it.
They take solace at looking at recent price actions and comfort themselves for not buying bitcoin at $200: "See, I knew it was a bit idea, I would be down so much!"
They're pissed off that stocks are down so much. A lot of people who bashed bitcoins were WAY too invested in tech and also old fossils like GE, which are plumetting, and this is their way to let steam out. Keep buying if you can and ignore the fear.
My own personal projection is that bitcoin doesn't move much in 2018-2019, sticks around $2.5k-$4.5k, then soars randomly in late 2020, probably hitting 30-40k without any problem.
Attention: Bitmain is currently performing a large scam
Bitmain has just announced a new mining machine, the antminer x3, that is designed to mine cryptonight algorithm cryptocurrencies, such as Monero. It is extremely efficient and profitable. A vega 56 video card has on average 1850 h/s at 190wh power usage. The x3 has 220000 h/s (118x stronger) at 550w power usage. It is then 41.08x more efficient. As can be seen, this is a money machine. Costing $12,000 to have it shipped 15-31 may would net you at today's difficult over $5.3k per month. Enter the most important part. Seems good to be true, right? It is. This machine is being released to the public because information that asics were being developed/already used leaked to monero developers, and naturally they worked on implementing a fix for that, in order to keep Monero's anti-asic and centralization nature. This month along with other things, code will be pushed to fix this issue and make asics not functional for monero. Every 6 month network upgrade will also have small tweaks in the algorithm to ensure no asic is ever developed or at least profitable to pull. Bitmain is only selling these machines because they knew monero was adding this feature on the upcoming fork. They then rushed to sell the machines they were using to people who don't know about this. On their site; 2. There are financial risks associated with mining cryptocurrencies. These risks can be related to changes in exchange rate of the cryptocurrency or to changes in the algorithm that is used to mine the cryptocurrency. Please deliberate well before making a purchase because we will not accept any requests for refund for orders of this batch. In other words: if a network upgrade for cryptonight coins ever happen (it will happen), we can't be responsible for this. You're on your own and don't dare requesting a refund, we never issue these (quick off-topic: I personally know this very well because bitmain didn't refund me on my s7s even when I didn't receive the miners) The shipping date is 2 months after the fork. These machines will be completely and absolutely useless. The biggest cryptonight coin will already have forked. Other cryptonight coins already signaled they will also push fix to this issue. Even if one or two CN coins don't implement anti-asic stance, you'll be left with shitcoins to mine. Imagine buying SHA256 asic for bitcoin only to have it available to mine peercoin only by the time you receive them. tl,dr: Don't buy bitmain's x3. They asic mined monero and now that this will not be possible anymore they want to dump their machines on you.
[ Bitcoin ] Looking for good Asic firmware with antivirus protection (T17)
[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by astiyya [link] Hi! What’s better to use? Antivirus protection is important to me. For T17 needed. How are you protecting your Asics? Any advice? Thank you Has anybody tried this one yet Hive OS? I just read that they have good protection, but I want to hear the real feedbacks from miners. Even os comes free with firmware, but I’m not 100% sure.. astiyya your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please PM me.
07-09 10:14 - 'Looking for good Asic firmware with antivirus protection (T17)' (self.Bitcoin) by /u/astiyya removed from /r/Bitcoin within 102-112min
''' Hi! What’s better to use? Antivirus protection is important to me. For T17 needed. How are you protecting your Asics? Any advice? Thank you Has anybody tried this one yet [Hive OS]1 ? I just [read ]2 that they have good protection, but I want to hear the real feedbacks from miners. Even os comes free with firmware, but I’m not 100% sure.. ''' Looking for good Asic firmware with antivirus protection (T17) Go1dfish undelete link unreddit undelete link Author: astiyya 1: hive**.*arm/as*c/*17#modelHeade*/?u*m_*o*r*e=Redd**&a**;ut*_med*um=***mp;u**_campaign=art*cle&***;utm_term=c***k&a*p*ut*_*on*ent=h*veos 2: m*d*um**om/*iveon/hiveon-as*c**i*m*a*e-for-*17-series*be*t*r*p*rfo*mance*h*gher-s*ability-3b*48**47**8 Unknown links are censored to prevent spreading illicit content.
@BinanceResearch: Bitcoin Gold is up 5.36% in the last 24 hours. But what is $BTG? It's a Bitcoin fork that changed the scripting function & the supply to curb ASIC mining. Some people think #BTG is superior to #Bitcoin. Do you? Read our report and see for yourself ⬇️ https://t.co/w4OF4xEjgb
Hey guys, I read so much about LTC is dead, no community, DEV's aren't anymore interested. And I even have started to believe them. SO I just decide to ask you, the community. Are you still alive? I also remember back to 2013 what happend to bitcoin. 2013 was the year of the Asics for bitcoin. And what happend? Big miner cashed aslong btc out as until they had back their invest. After this most of them start hoarding. What happend to the price we all know. But the question: Will the same happen to Litecoin? And why to Litcoin instead to an other coin? Ps: For all ppl think this is a good entry point. ....from the trader side it isn't. Scalper are already waiting and have put their order in.
If a country perceived bitcoin as a big enough threat, how much would it cost them in USD (for hardware and energy) to build their own custom ASICs and exceed the network's current hashpower? How quickly could they realistically do this, and could anything be done to stop this scale of attack?
On the main page... "With the rise of specialized ASICs for Bitcoin, Litecoin continues to satisfy these goals. It is unlikely for ASIC mining to be developed for Litecoin until the currency becomes more widely used."
Bitmain Antminer S15 28TH/s ASIC Bitcoin Miner BTC with PSU (Not S9,S17,M2,M20) $350.00 +$49.00 shipping. Make Offer - Bitmain Antminer S15 28TH/s ASIC Bitcoin Miner BTC with PSU (Not S9,S17,M2,M20) 3x Butterfly Labs Monarch 700GH/s Bitcoin Mining Miner USB or PCI-E Card SHA256. $300.00 That celebrity-endorsed bitcoin ad is probably a scam Kochie, Celeste Barber and Waleed Aly among many celebrities whose endorsements are being used fraudulently. Bitcoin scammers are fraudulently using prominent news sites and government agencies in an attempt to legitimise scams. While ASIC chips have been Bitmain’s powerhouses for mining Bitcoin and Bitmain’s mining pools account for significant portions of all the processing power on the global Bitcoin network, they are still finding themselves coming up against a great deal of resistance. Product Name: Whatsminer M40, Model: Microbt M40, Hashrate: 410, MicroBT Brand New M40 Bitcoin ASIC Miner based on SHA256 Algorithm, Bitcoin Miner Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot. ASIC Bitcoin Mining Hardware. Application-specific integrated circuit chips (ASICs) are bitcoin mining hardware created solely to solve Bitcoin blocks. They have only minimal requirements for other normal computer applications.
The wholesale embrace of Application-Specific Integrated Circuits (ASIC) mining for Bitcoin ( BTC ) could increase the cost of a 51% attack by a factor of up to 2,000. Bitcoin was originally CPU mined, and then GPU mined, and there were some FPGA miners along the way, but the standard for Bitcoin miners have been ASIC miners for several years now. It’s 2019 and this is a ASIC miner for sale 2019. I am selling this crap ASIC miner cryptocurrency mining rig. The machine still does work perfectly except is blocked from mining from ASIC miner co. The wholesale embrace of Application Specific Integrated Circuits mining for Bitcoin could increase the cost of a 51% attack by a factor of up to 2000. SPONSORED BY SWAN BITCOIN - https ... Here in this tutorial, I show you how to setup an ASIC Bitcoin miner on a regular Windows PC. Like, Comment and Subscribe for more videos/tips/suggestions. Good Mining!