ASICminer has a massive network share that is only getting bigger as the spiking bitcoin value allows them to reinvest at incredible rates. They are the only ones producing ASICS besides Avalon and Avalon has very limited production. Eventually they will control 51% of the network at this rate. The CEO of Avalon has expressed doubts about whether his company will even continue producing ASICs after the 3rd batch. Butterfly labs still has not begun mass production of their units. If ASICminer chose to create an alternate blockchain they could do so. Many argue this would be self defeating because the currency would then be worth 0$. However with so many people having invested so much who is to say if it would truly destroy Bitcoin. ASICminer's ability to successfully pull off a 51% block chain fork is surely a significant threat to Bitcoin. What could the community do to prevent this?
Research: supply of mining devices does not meet market demand
A research conducted by the analytical company TokenInsight, showed that the demand on the equipment market for cryptocurrency mining greatly exceeds the supply. In the second quarter of 2019, along with the growth of the cryptocurrency market, the demand for ASIC miners increased significantly. However, after the failure of sales in 2018, device manufacturers were not ready for an explosive growth in demand. The researchers stressed that sales of cryptocurrency mining equipment increased significantly in the second quarter of 2019. Many popular devices, like Antminer S17, were completely sold out. Now manufacturers accept payment for miners on account of future deliveries, the nearest of which are scheduled for October and November this year. At the same time, according to TokenInsight, there is a significant decrease in demand in the field of cloud mining. Analysts expect that by the end of this year, the complexity of bitcoin mining will grow to 72%. Thus, the profit of miners will significantly decrease if the rate of the first cryptocurrency does not grow to new heights. Researchers are 95% sure that next year the bitcoin exchange rate will be traded in the range of $17,077 to $23,276. #TokenInsight #Research #Mining #Bitcoin #ASICminers
Hi all :) I'm new at mining as you can tell by the following questions. I have a pc running a linux distro with a NVIDIA GEForce 740M. I followed this guide and my hash rate is about 1.4MH/s and looking around i see something like rigs with 60MH/s x 2 so I dont think my hardware is appropriate at all. For this reason I started looking around for supplementary HW and I started asking myself "what the hash rate depends on?" is it independent from the altcoin mined? so there actual hash rate reported will be the same for every altcoin I'll decide to mine? I also found this on amazon but a customer said that now is useless for BTC mining, is it also for ETH? if so what parameters have I to take in consideration? Thanks you in advance!
Actually, I was an PCB board foreign trade salesman, working on alibaba platform for 3 years since graduated from university. However, about 6 months ago, I remembered that was an sunny afternoon, my boss(a really professional PCB、PCBA man) call me to had a cup of tea with him. “he must have some idea again” I know. Then I felt very nervous, praying he gave me some good news like increase salary for me or something similar, but not fire me. God bless me. He really share me an surprising product.- Bitcoin asicminer.
2013,9th, Sep BITCOIN ASICMINER, this new word then accompanied me for the last days till today. Since 2012, I have learned something about bitcoins from my friend. I know that [Bitcoin is a kind of network virtual currency, anyone in the world can use to purchase virtual items, such as clothes, hats, equipment in network game,etc. Certainly, you can also use bitcoins to purchase items in real life as long as the seller accept. However, the most special point for bitcoin is that the issue, circulation and management of bitcoins does not belong to any person, organization, company or any country. In another words, it’s equally and belong to everyone who participate in. Anyone who have a computer, connecting to network, and then running a free open source software can be involved. There is never such thing that anyone who as an administrator or who have the center node or privilege. That calls BITCOIN SYSTEM, a equally peer-to-peer(P2P) systems. Most important of all, BITCOIN SYSTEM can promise as below: 1. the total quantity of bitcoins is certained. 2.the quantity of bitcoins increase at a slow pace, but not sudden increase. 3. bitcoins will eventually increase to a certain quantity, but not unlimited growth. 4. the above characteristics are guaranteed by a recognized mathematical formula, do not need any guarantee come from any person, any organization or country. 5.the circulation of bitcoins do not need any intermediaries and the transfer process is not subject to interference]. So this news asicminer is a big surprise for me. At the first week, I was curious about this magical hardware , but then I nearly crazy about it. 2013,9th, Sep 13:46
As time by, we learn more and more(an crazy increase speed) people are interested in bitcoin,, either to be a miner mining or invest bitcoins. About half an month later, I was called to have a cup of tea again. This time, I was exciting. As expected, boss asked: If you want to sell bitcoin asicminer on aliexpress? My answer is YES, without any hesitation. Then my experience with bitcoin asicminer hardware begain……… Then our store--- China BTC Electronics Co.,LTD (http://www.aliexpress.com/store/340830) opened, our asicminer begain selling on aliexpress. At first, we selling 330MH/S USB asicminer, then we selling 10gh/s blade asicminer and till today, we add 10gh/s mini blade asicminer selling
Here want to share some experience with my customer. My first customer is an gentleman from Russian. I remembered it was about 16:00 on Monday, trandemanager pop up a message. He very nice to say hello to me and told me he came from Russian and was a newer very interested in bitcoins, want to try to have a USB block erupter, but wonder if we can teach he how to use and wonder if we can ship to him immediately. That’s absolutely what we should service for our customers. Then online we talked about how to use step by step, and I promised him when we confirm receiving his payment, we will arrange shipment in 24 hours. Half an hour later, he told me everything is ok. And pop up again, aliexpress notice me my customer place order and 1 minutes later, he paid the payment. I was so exciting. That was my first customer and so nice an communication process. Next day moring, I confirmed payment. WOW, before noon, I arrange the shipment. ……later, later, this customer feedback, it’s vey nice, and buy 5 units again. Considered he was my old customer, at that time, I gave him an discount. Haha, good experience!!!
Another very interesting customer from Brazil who is now become my friend. We always chat on skype, chat some latest news about bitcoin, bitcoin hardware. He is really an senior man for bitcoin.. I remembered that was midnight, I was in sleeping, and my trademanager on mobile phone pop up a message, which really scared me, you can image that in mindnight, and your mobile phone suddenly rang, how horrible a thing. “Customer is our God” I have to wake up. (Saleman is really working 24 hours.) Then he told me he want an 10gh/s hardware,but wander if we can help him make the invoice value smaller which is convenient for him to let custom clearance smoothly in Brazil. And hope we can ship to him in one week. 7 days later, he told me he received the asicminer form UPS and gave us a 100% positive feedback. Really thanks!!! What’s more, he introduced his friends to buy asicminers in my store(http://www.aliexpress.com/store/340830) Here thanks he again. And also thanks his friends trusting us.
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)
Mining Bitcoin Using 7 ASICMiner USB Block Erupters
Brand: ASICMiner (BitFountain) bitcoin market,bitcoin exchange,bitcoin mining,bitcoin value,bitcoin miner,bitcoin faucet,bitcoin calculator,bitcoin charts. Category Howto & Style; Show more Show ... What are the BEST BITCOIN MINING RIGS in 2020?! Let's review the best Bitcoin miners and their profitability. Bitmain just released the Antminer S19 and S19 ... ASICMiner USB Bitcoin Miner Sean Brizendine. Loading... Unsubscribe from Sean Brizendine? ... USB ASIC miner unboxing and testing - Duration: 6:04. This is Nick 330,325 views. 6:04 . How to mine ... Download free bitcoin mining sofware here http://bit.ly/cryptotabsoftware block erupter - how to setup a block erupter. bitnotice #9 - bitcoin asic "block er... In diesem Video wird gezeigt, wie Sie Ihren ASICMINER auch unter Windows nutzen können. Auf vielfachen Wunsch verlinken wir nun auf die von uns in dem Video gezeigten Produkte. Nur weil wir auf ...