Ethereum asic miner reddit

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They show Ethereum ASIC miner. Scam Scam Scam.. As you mentioned ASIC is Application-Specific Integrated Circuit, So technically it is possibe to mine Eth with ASIC's made specifically to do just that.. for example: with BTC there were ASIC's designed to 'brute force' SHA256 hashes. Reddit announces partnership with the Ethereum Ethereum uses a Proof-of-Work consensus, like Bitcoin, although it has some specificities of its own: hashing function is Ethash and a block is added every 15 seconds. Ethers are generated as a miner’s reward for adding a block, however there’s no hard cap on their total emission.

Ethereum asic miner reddit

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But don't treat your home mining operation as an investment or expect to get a  Cryptocurrency mining profitability reddit ethereum cloud mining calculator. Bitcoin Energy Calculator Best Litecoin Reddit. So it's an estimate based on the last  Bitcoin Cash Sv Reddit Bitcoin Unlimited Might Be The Most Popular Bitcoin Cash. 21 ETH Ethereum + 0.

Feb 18, 2021 Why only nerf Ethereum mining, when other cryptocurrencies like Bitcoin have also seen incredible gains? Here's Nvidia's full answer:.

About 2 weeks an EIP was created by Piper Merriam called "EIP 958: Modify block mining to be ASIC resistant.Piper opened the EIP intending for it to be a starting point for both technical and non-technical discussion about ASIC resistant algorithm changes. ASIC Miner -ethereum asic miner for sale BITMAIN ANTMINER S19 PRO 95Th/s 110Th/s Innosilicon G32-1800 Innosilicon G32-500 Innosilicon G32-Mini Obelisk … The new version of Linzhi Phoenix has a maximum hashrate of 2600 MH/S on the Ethash algorithm and on the Ethereum currency for a power consumption of 3500W.

Ethereum asic miner reddit

Jan 6, 2018 Each time Mark mined enough ether to cover the cost, he bought a new graphics card, trading leftover currency into bitcoin for safekeeping. By 

Ethers are generated as a miner’s reward for adding a block, however there’s no hard cap on their total emission. Ethereum's Proof-of-Work mining algorithm is designed to be ASIC-resistant. Basically this means that using an ASIC should not be beneficial enough to warrant the high cost of ASICs.

Ethereum asic miner reddit

Ethereum miners use the processing power of their graphical processing units (GPUs) to solve the cryptographic puzzles instead of the much more expensive ASIC miners that are used for Bitcoin mining. This also means that mining rigs aren’t interchangeable between Bitcoin and Ethereum, although there is a variety of cryptocurrencies that can Bitmain Antminer S5. The Bitmain Antminer S5 may not be the latest model of the Antminer version, … 3 Feb 2021 There is a lot of talk going on around the new generation of Ethash ASIC miners for mining Ethereum (ETH) that are expected to be released for order in the following few months, although nothing is official or really 100% confirmed, but both devices are expected to have hashrate higher than 2000 […] AntMiner L3+ ~504MH/s @ 1.6W/MH ASIC Litecoin Miner With Power Supply Included Ready To Ship Now. 4.0 out of 5 stars 25. Antminer D3 19.3 GH/s X11 ASIC Dash Miner. 3.7 out of 5 -ETH Coin PCIe VER006C 6 PIN 16x to 1x Powered Riser Adapter Card 6-Pin PCI-E to SATA Power Cable-GPU Riser Adapter-Ethereum Mining ETH (6 PCS) 4.5 out of 5 stars Sep 24, 2020 Apr 03, 2018 Jun 25, 2019 Jan 08, 2020 Jan 10, 2020 This new Ethereum ASIC miner not only has been confirmed, it's already mining Ethereum RIGHT NOW and they're making a lot of Innosilicon A11 Ethereum ASIC mi Live income estimation of all known ASIC miners, updated every minute. Profits calculated over 200+ coins and 25+ algorithms.

Ethereum asic miner reddit

Ethereum and its community have several times rejected the idea to block ASIC miners. Nonetheless, there are some developers that a code change could be implemented as part of a network upgrade. The algorithm that is being debated is known as ProgPoW and is one of the most interesting improvement proposal (EIP) on the network. Mar 26, 2018 Apr 03, 2018 Jul 24, 2018 95% efficiency 2000W ATX 12V ETH Asic Bitcoin Miner Ethereum Mining Power Supply PC 8 Graphics Cards Get Special Price, Click here : https://s.click.aliexpr Feb 27, 2021 Initially, the unit will work only for mining Ethereum. We plan on finalizing the rest of the software within 2 months’ time to enable switching to other algorithms (x11, x13, x15, quark and other.) There are numerous Reddit posts in the Etherminer forum and Ethereum developer forums, which are all rife with propaganda and sales jobs.

A few ASIC models have also been developed for Ethereum mining, usually mining at higher profitability with lower power consumption. Some home mining still takes place, but today mining operations are typically run by professional firms with mining farms in parts of North America, Russia, China, and other regions that can offer low electricity After a nine-month delay and $3.8 million of investment, an upstart manufacturer is ready to produce its first batch of powerful new machines for mining cryptocurrencies ethereum and ethereum classic. Antminer S9 ~14.0TH/s @ .096W/GH 16nm ASIC Bitcoin Miner 189pcs BM1387 4.6 out of 5 stars 2 BitMain Antminer S9 14.0TH/s 0.098W/GH 16nm ASIC Bitcoin Miner with Power Supply Dec 07, 2019 · The main advantage of using an ASIC to mine Ethereum is it is far more efficient than a GPU. Canaan’s new Ethereum ASIC, for instance, is around five times more efficient than commercially available GPUs. Bitmain’s E3 Ethereum mining device can mine at 190 megahashes per second (MH/s), and the target for Linzhi’s Ethash ASIC miner is Jul 18, 2020 · GPU mining rewards go to individuals worldwide, instead of mostly to ASIC warehouse owners, recreating network effects that Bitcoin used to have." Minimum transfer: 0.01000000 BTG. Estimated fee: 0.002 BTG Ethereum Classic - ETC - Ethash (Claymore) List of known Ethereum pools (ETH) Ethash PoW algorithm. Live hashrate distribution, pool fees & minimum payment comparison. Mining Pools & Block Explorer Mar 28, 2019 · Ethereum co-founder Vitalik Buterin took to Reddit to discuss some of the biggest roadblocks ahead the network’s transition to Proof-of-Stake (PoS).

Ethereum asic miner reddit

About 2 weeks an EIP was created by Piper Merriam called "EIP 958: Modify block mining to be ASIC resistant.Piper opened the EIP intending for it to be a starting point for both technical and non-technical discussion about ASIC resistant algorithm changes. ASIC Miner -ethereum asic miner for sale BITMAIN ANTMINER S19 PRO 95Th/s 110Th/s Innosilicon G32-1800 Innosilicon G32-500 Innosilicon G32-Mini Obelisk … The new version of Linzhi Phoenix has a maximum hashrate of 2600 MH/S on the Ethash algorithm and on the Ethereum currency for a power consumption of 3500W. What is Integrated Linzhi Miner Linzhi Miner integrated miner is a professional Eth mining device which supports Multi algorithms . Ethereum's Proof-of-Work mining algorithm is designed to be ASIC-resistant. Basically this means that using an ASIC should not be beneficial enough to warrant the high cost of ASICs. Yes, an ASIC gives you a lot of hashing power, but it costs a lot. Dec 21, 2020 Dec 11, 2020 Jul 27, 2018 Feb 03, 2021 92 results for ethereum asic miner.

Let’s move on to the top 5 ASIC miners in 2020: #1 Bitmain Antminer S5 Ethereum price reached an all-time high the other day surpassing the previous record of $1,420. In the meantime, Bitcoin not only hit a new record, but doubled the previous one in the first half of January. This led to the growing popularity of ETH mining, and so higher demand resulted in higher supply.

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I wrote a script to track ASIC miners using public information and eth.sparkpool.com API. Here are what I have found so far. These users seem to be on ASIC. All of their machine are running at 500 MH/s. They started mining from 26th March.

for example: with BTC there were ASIC's designed to 'brute force' SHA256 hashes. Reddit announces partnership with the Ethereum Ethereum uses a Proof-of-Work consensus, like Bitcoin, although it has some specificities of its own: hashing function is Ethash and a block is added every 15 seconds. Ethers are generated as a miner’s reward for adding a block, however there’s no hard cap on their total emission. From all the research I've done it seems ASIC miners like antminer, innosilicon, etc. are profitable, legit, and semi-reliable. But I feel it is a good idea to come onto reddit because peoples opinions usually say more than websites that encourage people buying products.