7 Best ASIC Miners 2020: Tried and Tested With Reviews

DigiByte: More Secure, Faster & Forward Thinking

DigiByte is more than a faster digital currency. It is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications and secure authentication.
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The All-in-One, Cheap, Energy-efficient Package to Store and Mint Peercoin

Dedicated OS for low-grade and energy efficient HW like RaspberryPi or Beaglebone Black to run Peercoin minter so that decentralization is guaranteed
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Denarius - Tribus PoW/PoS Hybrid Cryptocurrency

Official subreddit for the Denarius [DNR] Cryptocurrency
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What is ASIC Bitcoin mining?

An application-specific integrated circuit (ASIC) miner is a device that is designed for the sole purpose of mining—not coal, but rather digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a Bitcoin ASIC miner can mine only bitcoin.
submitted by alifkhalil469 to BtcNewz [link] [comments]

r/Bitcoin "I’m looking to start mining bitcoin from my bedroom. What ASIC would you suggest?" ... Answer: "Apart from the heat and noise, having free electricity is not enough ..."

submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

@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

@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 submitted by rulesforrebels to BinanceTrading [link] [comments]

I have two "ASICMINER Block Erupter 333MH/s ASIC USB BTC Bitcoin Miner SHA256" can somebody help me on what software do i need that will use these usb asics and mine bitcoin or any other crypto coin. (i don't care if is it profitable orn not)

submitted by djkalantzhs24 to Bitcoin [link] [comments]

What will happen when the last bitcoin is mined ? who will maintain the network, confirm transactions and what about the "ASICS" ?

18M of 21M have been mined. i'm not sure to understand how the network will be secured after that if no more rewards
(posting here because proudly banned from /Cryptocurrency and /bitcoin)
submitted by grumpyfrench to CryptoMarkets [link] [comments]

I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? When mining is done will price skyrocket? What will that last mined coin need to be worth to justify all the mining operations?

submitted by dswdswdsw to Bitcoin [link] [comments]

What is GPU Mining, and How Does it Differ from ASIC Mining? - Bitcoin Chaser

What is GPU Mining, and How Does it Differ from ASIC Mining? - Bitcoin Chaser submitted by How-Now-Brown-Cow10 to CryptoCurrency [link] [comments]

What's the best way to mine Bitcoin (Cash)? Is the only realistic option to buy ASIC's from Bitmain?

What's the best way to mine Bitcoin (Cash)?
Is the only realistic option to buy ASIC's from Bitmain? Can you realistically mine with just one?
submitted by MichaelTen to btc [link] [comments]

MGT is launching a Petahash mining farm for Bitcoin. What effectiveness would those ASICs have if pointed at the Monero network?

MGT is launching a Petahash mining farm for Bitcoin. What effectiveness would those ASICs have if pointed at the Monero network? submitted by americanpegasus to Monero [link] [comments]

I'm thinking about mining bitcoins in Venezuela, where electricity is cheap. What ASIC should I use?

Hi,
I'm thinking about mining bitcoins in Venezuela, where the electricity cost = 1/30 than that of the US. My main concerns for now are:
Thanks in advace for any advice you may have for me!
submitted by BrianThePeruvian to Bitcoin [link] [comments]

I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? What mining is done will price skyrocket? /r/Bitcoin

I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? What mining is done will price skyrocket? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? When mining is done will price skyrocket? What will that last mined coin need to be worth to justify all the mining operations? /r/Bitcoin

I am beginning to beleive that the continued availability of mining and more efficient mining asics keeps bitcoin lower in price. Thoughts? When mining is done will price skyrocket? What will that last mined coin need to be worth to justify all the mining operations? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Agree/Disagree? --> Vertcoin is what all the other scrypt coins were trying to be: a more egalitarian mining environment than bitcoin... until scrypt ASICs ruined those plans.

The title pretty much sums up why I decided early-on to buy into vertcoin. I recognized that it would fill the scrypt niche better than any other scrypt coin.
I wanted to see how many people in this community share this feeling. And for those who either disagree or are in this community primarily for a different reason, I'm intrested in knowing why! Thanks fellow Verters!
submitted by Petrocrat to vertcoin [link] [comments]

What is the expected availability date for the next generation of mining asics? something on 10nm lithography? /r/Bitcoin

What is the expected availability date for the next generation of mining asics? something on 10nm lithography? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What is the argument against going to a more-ASIC resistant ASIC POW so we can take back mining? /r/Bitcoin

What is the argument against going to a more-ASIC resistant ASIC POW so we can take back mining? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I'm thinking about mining bitcoins in Venezuela, where electricity is cheap. What ASIC should I use?

Hi,
I'm thinking about mining bitcoins in Venezuela, where the electricity cost = 1/30 than that of the US. My main concerns for now are:
Thanks in advace for any advice you may have for me!
submitted by BrianThePeruvian to BitcoinMining [link] [comments]

What BU is doing by jeopardizing the hard earned coins of the early miners is despicable. The community should punish them severely. ASIC mining is nothing but "set it and forget it." For years, /r/Bitcoin

What BU is doing by jeopardizing the hard earned coins of the early miners is despicable. The community should punish them severely. ASIC mining is nothing but submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What's the best way to mine Bitcoin (Cash)? Is the only realistic option to buy ASIC's from Bitmain? /r/btc

What's the best way to mine Bitcoin (Cash)? Is the only realistic option to buy ASIC's from Bitmain? /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

I've been doing bitcoin mining with ASIC machines. What is a worthwhile graphics card or CPU mining machine I should get?

Thanks in advance for answering.
submitted by thewhiskey to dogecoin [link] [comments]

[HASH RATE] Where's solid evidence that bitcoin's hashrate of 140 EH/s is much more than a group of miners could achieve?

What's the average amount of hash operations a supercomputer could do? Or an ASIC mining thing?
And how do we know bitcoin's current hash rate is large enough that it would be way more expensive to buy all that equipment and do a 51% attack?
submitted by marcelo10fr1 to BitcoinBeginners [link] [comments]

could mining pools be charged for violating sanctions?

If those running a bitcoin mixer can be charged for violating AML, can a centralized mining pool charged for mining a transaction violating sanctions?
Mining pools are relatively large organizations that control what transactions get into the block as they create the block template using the bitcoin protocol. Thus they have 'ownership' of what transactions are processed. They outsource some of the POW hashing to 'ASIC' operators ( that are not responsible for selecting transactions )
large organizations generate allot of revenue and hire multiple people and present a large target for law enforcement vs a random solo miner that mines a block every now then. They are more likely to be compliant with requests to censor transactions to protect their 'reputation/business'
This is, why protocols like better-hash needs to be widely adopted because, with better hash the pool is _NOT_ responsible for selecting transactions - all it will do is pool the rewards. Individual miners in the pool can create their own block templates. Thus they are no longer ASIC operators as they need to run a full node to create the block template.
I think betterhash will decentralize legal liabilities of the mining pool. Any point of centralization in bitcoin like a custodian mixing service is vulnerable to legal action.
submitted by Spartan3123 to Bitcoin [link] [comments]

Comparing Nano's Nakamoto Coefficient

Inspired by the discussion on the cc subreddit (which I won't link to), I have some questions.
These Nakamoto coefficients aren't very comparable. Miners can reassign their hashrate at any time. Hashrate also has an ongoing, real expense. Nano votes can't be reassigned if the network is controlled, and there's no out of band "real" cost to acquire or maintain control. Thus, it's extremely misleading to try and compare these.
I would say that indeed hashrate has an ongoing, real expense so indeed, performing a 51% attack on Bitcoin will cost you on a per hour basis. On the other hand, get a 51% majority of Nano and you essentially block the network for eternity from what I understand. Bitcoin would most likely also collapse in value if a 51% attack was successfully performed, because even if it were to go offline for an hour and just a few doublespends were performed, it would undermine the store of value mantra quite strongly.
Some sides notes here are, of course, that getting a 51% majority delegates for Nano is extremely difficult or expensive, as you need to buy up a large percentage of the supply yourself or you need to convince a lot of people to delegate to you, which hopefully only works if you build services that use Nano and therefore, in both cases, you have a vested interest in ensuring the Nano network remains valuable.
On the other hand, Bitcoin miners have made large investments in ASICs which means they are strongly incentivized in the same sense, they want the Bitcoin network to remain valuable. Convincing either enough large Nano holders, or large swathes of Bitcoin hash power, would therefore be difficult.
However, wouldn't it, generally, not be easier to find hash power outside the large miners currently mining than it would be to find Nano to give yourself a majority? I'm thinking that to get a 51% majority in Nano as said earlier you need to buy up enough of the outstanding Nano, or convince holders with a vested interest in the value of the Nano network. For Bitcoin however, I could rent out a chunk of Amazon's computing power and set up my own temporary mining operation to compete with the mining pools currently available. It would still be expensive, but, I am assuming, less so than taking the Nano option (even with current market caps).
Is this a fair comparison? Or am I misrepresenting how easy it would be to get a Nano majority, or misrepresenting how difficult it would be to find alternative hash power to mine Bitcoin?
Edit: Comparing to Bitcoin because it has the most hash power, this goes for all PoW crypto.
submitted by SenatusSPQR to nanocurrency [link] [comments]

What is Bitcoin Mining? - YouTube How To Mine Bitcoin - YouTube ASIC Block Erupter (336 mh/s!) Is Mining on ASICs Worth It? - Mining Adventure Part 3 ... What It Was Like MINING Cryptocurrency Full-Time For A ...

For starters, Bitcoin mining is an energy-intensive process of introducing new Bitcoins into the ecosystem. You can think of it for a moment as new currencies creation by different governments around the world. But unlike the governments, Bitcoin’s supply is fixed and regulated by the laws of mathematics that are practically impossible to break. Also, it is not as simple as banks printing ... In addition to a Bitcoin mining ASIC, you’ll need some other Bitcoin mining equipment: Power Supply – Bitcoin rigs need special power supplies to funnel and use electricity efficiently. Cooling Fans – Bitcoin hardware can easily overheat and stop working. Buy a sufficient amount of cooling fans to keep your hardware working. Backup generators – You may want generators as a backup in ... We’ve just gone through the most recent Bitcoin halving this year.Efficiency has halved, which increases the necessity for new technologies. It has also raised hash difficulty, making crypto mining more challenging.. One thing for sure is, today’s “best” miners have nothing to do with what used to be the best two years ago. When it comes to best Bitcoin mining hardware it quickly changes, as the new ASIC Bitcoin Miner replaces the old one in the market. There are also many companies making some of the best BTC miner and their competition give an advantageous situation to the investors. Chinese company such as Ebang is famous for its high-end bitcoin mining equipment. Also, Bitmain is one of the leading ... 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. Consequently, ASIC Bitcoin mining systems can solve Bitcoin blocks much quicker and use less less electricity or power than older bitcoin mining hardware like CPUs ...

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What is Bitcoin Mining? - YouTube

I mined cryptocurrency full-time for over a year, this is a story of my journey navigating mining cryptocurrency such as Bitcoin, Ethereum, Zcash and many mo... Lets tear down this $20,000 ASIC Miner and discuss just what exactly is an Application-Specific Integrated Circuit (ASIC) crypto miner and what are the top c... Thanks to Skillshare for sponsoring this video! Get your first 3 months of Skillshare for $0.99 at http://skl.sh/2n8FT4t. This offer is valid until Feb 15th!... Is it worth it to mine Bitcoin? Aside from the altruistic act of securing the BTC network via Proof-of-Work PoW, Bitcoin mining doesn't make cents or sense n... This "Bitcoin Mining' video will help you understand what is Bitcoin, what is Blockchain, advantages of Bitcoin, advantages of Bitcoin mining, what is Bitcoi...

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