A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
South Korea Ends Anonymous Cryptocurrency Trading - U.S. Regulators Send Tether and Bitfinex Subpoenas - German Regulator Orders Crypto Exchange to Halt Brokerage Business - Samsung Electronics Enters the Bitcoin Mining ASIC Business
01-31 01:43 - 'Samsung Enters the Bitcoin Mining ASIC Manufacturing Business' (news.bitcoin.com) by /u/marcelchuo2 removed from /r/Bitcoin within 37-47min
Given the payback period, as well as the prospects of SHA-256 algorithm and the demand for Bitcoin, this ASIC can still be considered as a budget entry to mining cryptocurrency. Antminer R4 ASIC miner Antminer R4 is a product of the well-known manufacturer Bitmain, featuring a high hashrate of up to 8.7 TX/s and relatively low power consumption ... Along with the Bitcoin mining profitability, the list of top 5 ASIC Bitcoin miners is updated frequently. A Bitcoin miner is also referred to as a Bitcoin mining rig, or a Bitcoin mining hardware device, or a Bitcoin mining machine, but we simply call them miners, or more specifically, Bitcoin miners. These figures are staggering, but Bitmain’s monopoly of the Bitcoin ASIC market may come to an end, following the release of Halong Mining’s DragonMint 16T ASIC. About the DragonMint 16T Designed with brand new technology and boasting 16 TH/s per miner, the 16T is the most powerful and efficient Bitcoin miner to date. 16 TH/s Dragonmint T1 ASIC / 25 Hour Bitcoin Mining Rental / Contract Lease $6.00 5 X 3FT 14 AWG NEMA 6-15P to C13 Power Cord PSU APW3++ 15A 220V NEMA 6-15P cUL Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
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