Quark is a decentralized digital monetary system. It facilitates sending Quarks to Friends, Family Members Online Payments free of charges and charge-backs. Military Grade Encryption. No Bank or Government Control. Quark coins are based on the original idea of Bitcoin but improved, more secure, faster transaction times and zero fees. With improvements to design and security. There is also a greater coin supply with higher block rewards for miners. Quark is fully Open Source.
11-20 13:53 - 'Hi, according to [this], Slushpool is mergemining RSK (rootstock), could you please share some details about how many RSK for 1 TH you currently get? Are you planning to support rewards for miners any soon? Thanks' by /u/dexxxxxxxxxxx removed from /r/Bitcoin within 20-30min
''' Hi, according to [this]1 , Slushpool is mergemining RSK (rootstock), could you please share some details about how many RSK for 1 TH you currently get? Are you planning to support rewards for miners any soon? Thanks ''' Context Link Go1dfish undelete link unreddit undelete link Author: dexxxxxxxxxxx 1: support.slushpool.com/*n*us*a***cle/4**a**-we-merge***n*n*-r*k Unknown links are censored to prevent spreading illicit content.
03-27 23:43 - 'Minimint 50T ASIC - 50 TH/s ASIC Bitcoin Miner 1700W by Nonameminers' (self.Bitcoin) by /u/nonameminers removed from /r/Bitcoin within 1-11min
We, (now Nonameminers) are an established tech company experimenting with cryptocurrency mining. Focusing on more energy efficient, powerful and affordable mining equipment. We use our own mining chips that have been proven efficient to improve the ASIC manufacturing process. At this stage we focus solely on the SHA-256 algorithm. We have developed a new efficient ASIC miner for the SHA-256, proudly presenting you with the Minimint 50T! A new powerful, energy efficient and Affordable ASIC! We would like to offer the Reddit community a discount, however only the first 10 orders will qualify for the discount. Coupon code: 30OFF We hope for a successful launch and your support! The quick miners specs: Algorithm: SHA-256 Hashrate: ~50TH/s Power: 1700W Noise: 45 db Weight: 5.3 kg [Claim Yours!]1 For more information visit our website, if you have any questions feel free to get in touch: [[email protected]]2 WE ARE NOT AFFILIATED WITH ANY OTHER MINING COMPANY!! ''' Minimint 50T ASIC - 50 TH/s ASIC Bitcoin Miner 1700W by Nonameminers Go1dfish undelete link unreddit undelete link Author: nonameminers 1: *o*ameminer**com/**od*c*/m*nim*nt-50t/ 2: mailto:[email protected] Unknown links are censored to prevent spreading illicit content.
Hello, I want to start mining and was thinking about ordering the Terraminer since it seems to have a good payout (according to online calculators which say I would be a billionaire in 100 days o_O) I was wondering if it would be worth it, if i can mine doge with it and How much i would earn approximately ? Thanks http://cointerra.com/product/terraminer-iv-1-6-ths-bitcoin-mine
Is this card worth investing? Using a calculator it says that running this card will pay for itself in 4 days. It seems to good to be true. Can you give me a veteran opinion? Products.butterflylabs.com/homepage-new-products/1-th-bitcoin-miner.html
Looking to upgrade and wanting to see how much I could possibly make a month.
Hey everyone, Been saving up for quite some time now and I have about 10k available and was looking at some prebuilt equipment to upgrade with. I currently am running my x4 R9 280X and basically want to out perform it greatly! I've seen this pop up a few times: https://cointerra.com/product/terraminer-iv-1-6-ths-bitcoin-mine and was wondering is it worth it? I want to buy two of them but I also need to know how much I will make per month with it on bitcoin and litecoin. Also this is my first premade system I would buy so if you think its not worth it please let me know. Basically I want to make a pretty good profit of course with these but need some advice. Its estimated to run at 2100 watts each an here its 0.15 kWh USD. So what do you guys think? Have any advice or maybe even better builds? Can someone maybe show me some numbers because I am using the calculators but they seem to be way off so I know I'm doing something wrong haha. Is it obvious that my little hobby has turn into an addiction to mine more and see if I can make more? xD
At current state-of-the-art Bitcoin ASIC miner efficiency, the network hash rate will increase until it hits around 1243 PH/s (1,243,360 TH/s) (difficulty 168 billion)
We know the efficiency of the newest ASICs. Miners will keep adding capacity until their margins are fairly low, say 20% more than their electricity costs. Bitfury's new miner only uses 0.8J/GH (here it uses 1J/GH, but they're underclocking the chips in final devices to reach 0.8J/GH). With an electricity price of $0.1/kWh, that means miners want to make at least $0.12 per kWh spent. 0.8J / GH 1 kWh = 3600000 J So mining for one day at 1 GH/s at 0.8J / GH uses 3600*24*0.8J: 69120J / GH/s for 1 day which, in kWh, is: 0.0192 kWh / GH/s for 1 day so to spend 1 kWh per day we can mine at 1/0.0192 GH/s for 1 day: 1 kWh / 52 GH/s for 1 day Mining at 52 GH/s for 1 day currently makes $78.53 (at the next difficulty of 25.7M). So in order for it to only produce $0.12 (which miners are willing to go down to), network hash rate would have to increase by a factor of 78.53/0.012 = 6544 So at current ASIC efficiency (using Bitfury as an example), the difficulty will increase to 168 billion (168,000M) until miners' margins are 20% (at current BTC prices). This will bring the network hashrate up to 1243 PH/s (1,243,360 TH/s).
Shall I keep my $1600 in bitcoins, or buy a 1 Th/s ASIC miner?
I am very tempted to buy a 1 Th/s ASIC miner, I have had previous mining history with my 5 sapphire 280x GPU's but I have sold all my mining equiptment and unsure whether to hold in BTC or get ASIC! Any advice? Would it be worth buying an ASIC? Will I make my money back?
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