Bitcoin-Mining: Was ist das und wie kann ich minen? BTC ...

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Bitcoin Miners: Subreddit specifically for Mining BTC

Subreddit for Bitcoin Miners to discuss mining, mining machines, mining pools, and any thing else that is specifically related related.
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Mining Bitcoin

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
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2000W Bitcoin Mining Miner Power Supply Mining Machine with 2 Fan

2000W Bitcoin Mining Miner Power Supply Mining Machine with 2 Fan submitted by Rufflenator to 3bitcoins [link] [comments]

Innosilicon A9 ZMaster 750 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply

Innosilicon A9 ZMaster 750 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply submitted by ososru to Bitcoin4free [link] [comments]

2000W Bitcoin Mining Miner Power Supply Mining Machine with 2 Fan

2000W Bitcoin Mining Miner Power Supply Mining Machine with 2 Fan submitted by ososru to Bitcoin4free [link] [comments]

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment.

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment. submitted by latestcryptocoins to BitcoinMining [link] [comments]

Innosilicon A9 ZMaster 1100 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply

Innosilicon A9 ZMaster 1100 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply submitted by ososru to Bitcoin4free [link] [comments]

Innosilicon A9 ZMaster 750 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply

Innosilicon A9 ZMaster 750 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply submitted by Rufflenator to 3bitcoins [link] [comments]

Innosilicon A9 ZMaster 1100 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply

Innosilicon A9 ZMaster 1100 Watt HP PSU Crypto Bitcoin Mining Miner Power Supply submitted by Rufflenator to 3bitcoins [link] [comments]

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment.

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment. submitted by latestcryptocoins to steemit [link] [comments]

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment.

Coolest Bitcoin Mining Miner - Liquid Cooled Experiment. submitted by latestcryptocoins to SteemitPromo [link] [comments]

Ledger Live will not send anything!

Ledger Live will not send anything!
Hey, so I haven't used the ledger in a few months. I am trying to send a transaction and it just sits on this screen:

https://preview.redd.it/icu1ketf8ge51.jpg?width=496&format=pjpg&auto=webp&s=4d27264fb0328787c68653aa045f122beea65d48
he nano S does nothing. It eventually just locks up. It used to work fine. Latest firmware and software. This is using experimental USB btw, without that it has a bug where it resets the USB connection when you open the app. I am pretty disappointed in the new Ledger, considering ditching it. Any other options anyone has found that work? I can't have this happen when I need to transfer.
It is not possible to transfer a very small amount.
It is not possible to transfer half of the bitcoins.
This is an asset of bitcoin mining miners
submitted by perspolis1979 to ledgerwallet [link] [comments]

How are non-BCH SHA256 miners excluded from the Bitcoin Mining Parliament?

How are non-BCH SHA256 miners excluded from the Bitcoin Mining Parliament? submitted by georgedonnelly to btc [link] [comments]

Secret of Bitcoin mining: How miners really act around a price floor

Secret of Bitcoin mining: How miners really act around a price floor submitted by qbisq to BitcoinMining [link] [comments]

"By the next halving, the mining landscape is likely to be unrecognizable. It‘s even possible the new tool being developed today will play a role in the next mining capitulation cycle. This post will introduction the new financial tools being built for Bitcoin miners, which seeing adoption"

submitted by qbisq to BitcoinMining [link] [comments]

Despite the share of mining revenue represented by fees tripling in the past month for Bitcoin miners, Ethereum (ETH) miners are still raking in more fees.

Despite the share of mining revenue represented by fees tripling in the past month for Bitcoin miners, Ethereum (ETH) miners are still raking in more fees. submitted by pale_blue_dots to CryptoCurrency [link] [comments]

Am I correct in thinking that, when mining bitcoin, only one miner in the world will gain bitcoin from verifying each block in the blockchain? How could this realistically make anyone a profit?

As I understand it, the hard part of mining bitcoin isn't in verifying the transaction, it's in being the first to find the hash equal to or lower than the target hash. If there are millions of miners all over the world looking for that hash, including giant, multiple-building farms, and only one block is added to the blockchain every 10 minutes, how could anyone mining from home hope to make any profit at all? Would you not just be losing stupendous amounts of money on gear and electricity and always be losing the 'hash race' to someone out there with a more powerful computer? I know and appreciate that people do this purely as a hobby and not always to make money, but I can't see how you could ever make money at all when competing with factory-sized water-cooled farms in China. I presume there's some key point I'm missing that will make everything instantly clear but I can't find it in any other explanation.
Also (side question) if it is true that in order to solve the numerical problem you need to find the hash lower than or equal to the target hash, and there's no extra reward for being the closest, only for being the first, why would you not just guess the lowest possible hash every time?
thank y'all
submitted by ambassador_shrek to NoStupidQuestions [link] [comments]

BLOG: From the basics of Bitcoin mining made clear and simple, to its ‘secret’ dynamics which even some experts are not aware of: How miners really interact with Bitcoin’s price floor, miners’ seasonal migration and ‘bullish’ miners’ natural selection

BLOG: From the basics of Bitcoin mining made clear and simple, to its ‘secret’ dynamics which even some experts are not aware of: How miners really interact with Bitcoin’s price floor, miners’ seasonal migration and ‘bullish’ miners’ natural selection submitted by qbisq to Bitcoin [link] [comments]

Buying bitcoin directly from miners/mining pools

Anyone have any idea if there is a website or btc mining pool where you can buy your bitcoin driectly from the miners? Big or small volume.
When operating a crypto business from a risk based aproached view which is mandatory if you are a regulated business, this seems to be the most "low risk" way to buy bitcoin since the newly mined coins havent been used before.
submitted by Dont_trust_verify to Bitcoin [link] [comments]

What are Cryptocurrency Miners? How does Cryptocurrency Mining work?

What are Miners?

Cryptocurrencies and fiat currencies differ in the way that new coins/cash are generated and issued in their respective ecosystems. Fiat currencies are printed by government-sponsored mints in response to a state authority’s direct orders, while cryptocurrencies are issued by a blockchain network according to a set of predetermined algorithms. Blockchain networks that create tokens based on Proof of Work schemes require mining, a complicated process. In brief, participants use hardware to run algorithms on specific software to verify transactions on the blockchain, add those transactions to the public ledger and in exchange receive the reward of a newly-created coin. We will break the mining process down step by step below.

Cryptocurrency Mining Step by Step

  1. When a transaction is made over a blockchain (for instance, when one user sends a few coins to another user’s address), the transaction information must be recorded and is thus put on a block.
  2. This block needs security and encryption, and is up for grabs by all of the contributing miners on the network.
  3. To encrypt this block, miners must solve a cryptographic puzzle through a guess-and-check method in order to find the proper cryptographic hash for the block. Miners typically need large rigs of reliable, application-specific hardware to actually have a decent chance at being the first to verify and secure the block.
  4. Once a miner secures the block, the block is then added to the blockchain and must be verified by other nodes (computers) on the network in a process known as consensus.
  5. If a miner successfully verifies and secures the block, the miner is rewarded with a newly-created coin. This process of reward for work is called Proof of Work.

Cryptocurrency Mining and Profitability Concerns

Mining is called mining because it is a process in which volunteers contribute a great deal of effort in the hopes of receiving ‘a gold coin.’ It makes sense that most miners who wish to contribute to blockchains are in the game for a profit. The biggest concern for miners has always been the ever-increasing difficulty of the computational puzzles involved in securing the blocks. That’s right; as more puzzles are solved, the difficulty of the next puzzle increases greatly, sometimes even exponentially.
To make mining profitable, organizations have invested a great deal into research and development of more advanced solution algorithms and more efficient pieces of hardware. Some organizations have gone so far as to move their mining rigs to rural dams and countries where electric power supply is less expensive. In terms of hardware, some organizations with significant capital have made investments in ASICs, or Application Specific Integrated Circuits. This class of hardware is designed to complete very specific tasks, namely mining. In the early days of Bitcoin mining, miners could make profits off of just using a home computer central processing unit, or CPU. The issue with CPUs is that they are designed to juggle multiple computational tasks simultaneously, like running multiple programs on your computer screen at once. Unfortunately for the hobbyists, using conventional CPU’s is simply not profitable in most blockchains anymore.
It’s important to note is that most coins on most successful blockchains that use Proof of Work schemes will become profitable for mining only if individuals are willing to make large investments in hardware rigs, electric power supplies, or some combination of the two. Corporations are already aware of this fact, entering the mining arena with full force in order to take large cuts of the mining profits. Likewise, smaller organizations and individuals are currently struggling to compete in the space. The big issue here is the increasing centralization of mining; if the process for coin creation becomes controlled entirely by a handful of centralized powers, then how will the blockchain continue to bring decentralized solutions to users?

Addressing Cryptocurrency Mining Concerns

In response to these concerns with mining centralization, newer blockchains and altcoins have been adopting more complex mining algorithms and proof schemes to limit the influences of ASICs and large corporations. Some investors in blockchain technology who saw great success in the early days of mining have created mining funds to support small-scale, international miners. This is an effort to decentralize the mining process for blockchains that require Proof of Work. And while Proof of Work schemes favor the biggest hardware rigs, new schemes like Proof of Stake and Proof of Burn have made an appearance. Newer schemes reward miners based on a different set of factors.
Another big concern that has been well-addressed by Ethereum, Ethos and other gas-powered blockchain systems is wasted mining efforts / mining inefficiency. For example, if many miners attempt a block at once and only one miner gets the block, or if the miners attempt an unsolvable, infinitely complex puzzle, miners are forced to waste an abundant amount of computational power. The solution? Gas powered blockchain systems require developers to attach gas to a transaction, and that gas will supply the transaction’s computational power until either the transaction is completely validated or until the gas runs out. This creates a safer way for miners to contribute their efforts towards solving new blocks. Without the risk of wasting unnecessary computational energy, miners are guaranteed a quicker and more efficient maintenance of the blockchain.

Takeaway

Blockchain mining has become one of the most interesting and controversial topics in the blockchain community. However, mining is just one component of blockchain analysis, through the Ethos Universal Wallet and the Ethos Knowledge Base we seek to provide those interested in blockchain additional metrics and information. Ultimately, the state of mining has a great effect on each coin’s decentralized state, value and reliability. It is critically important to the team at Ethos to understand how fair and accessible mining is in different blockchain networks. We therefore document and analyze major players in the industry while taking into account these components. And as always, we at Ethos encourage our readers to educate themselves (using our supplemental resources or not) on how crypto really works, both at the surface level and behind the scenes. We want our readers and users to make responsible, well-educated decisions as we step forward into the new economy.
submitted by nadyatop30 to u/nadyatop30 [link] [comments]

BLOG: Secrets of Bitcoin mining: From the basics of Bitcoin mining made clear and simple, to its ‘secret’ dynamics which even some experts are not aware of: How miners really interact with Bitcoin’s price floor, miners’ seasonal migration and bullish miners' natural selection

BLOG: Secrets of Bitcoin mining: From the basics of Bitcoin mining made clear and simple, to its ‘secret’ dynamics which even some experts are not aware of: How miners really interact with Bitcoin’s price floor, miners’ seasonal migration and bullish miners' natural selection submitted by qbisq to Bitcoin [link] [comments]

""By the next halving, the mining landscape is likely to be unrecognizable. It‘s even possible the new tool being developed today will play a role in the next mining capitulation cycle. This post will introduction the new financial tools being built for Bitcoin miners, which seeing adoption"

submitted by qbisq to BitcoinMining [link] [comments]

Despite the share of mining revenue represented by fees tripling in the past month for Bitcoin miners, Ethereum (ETH) miners are still raking in more fees. (x-post from /r/Cryptocurrency)

Despite the share of mining revenue represented by fees tripling in the past month for Bitcoin miners, Ethereum (ETH) miners are still raking in more fees. (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

"By the next halving, the mining landscape is likely to be unrecognizable. It‘s even possible the new tool being developed today will play a role in the next mining capitulation cycle. This post will introduction the new financial tools being built for Bitcoin miners, which seeing adoption"

submitted by qbisq to u/qbisq [link] [comments]

Inside a Secret Chinese Bitcoin Mine - YouTube What is Bitcoin Mining? - YouTube How does Bitcoin mining work? - BBC Newsnight - YouTube Best Bitcoin Miner Machine Free download ️ Best BTC Miners ... How to Find and Remove a Hidden Miner Virus on Your PC 🐛🛡️🖥️

The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. May 11, 2020, was a big event for Bitcoin miners. The third halving transitioned, cutting the supply of bitcoin in half, from 12.5 to 6.25 BTC every ten minutes for every mined block.. But what exactly is mining? It is a ubiquitous term associated with the Bitcoin network and many other cryptocurrencies. Bitcoin miners Bitmain Antminer S19 Pro (110Th) Bitcoin Miner ... Bei Miners.de finden Sie die beste Mining Hardware, zusammen mit den besten Tipps von unseren Experten. Die Mining Rigs von Miners.de haben eine besonders gute Leistung aufgrund ihrer hochwertigen Komponenten, der professionellen Installation und top Hardware sowie Software. Alle Geräte werden von unserem Expertenteam ... Je mehr Bitcoin Miners sich in einem Netzwerk befinden, desto schwieriger wird es, Bitcoins zu erzeugen. Bitcoin Mining verbraucht viel Strom. Bei hohen Stromkosten lohnt sich das Mining oftmals nicht. Um Bitcoin Mining zu betreiben, müssen Sie einem Miningpool beitreten, was zusätzliche Kosten verursacht. Für das Mining benötigen Sie entsprechende Hardware. Auch hier kommen Kosten auf Sie ... Sie interessieren sich für einen Bitcoin Mining Rig? Schauen Sie sich alle verfügbaren Geräte an und entscheiden Sie sich für Ihre Bitcoin Mining Hardware. [email protected] +49 (0)800 - 1806 542 ; English; Nederlands; Mein Account Anmelden; 0. 0 Suche nach: Home; Miners Kaufen; Mining Hosting; Investieren; Haben Sie Fragen? Nachrichten; Über uns; Kontakt; Home; Miners Kaufen; Mining ...

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Inside a Secret Chinese Bitcoin Mine - YouTube

What is the best bitcoin miner to buy in 2020? In this video, we’ll find out by comparing profitability as well as other factors. Mining bitcoin doesn’t have... 👍 Watch how to remove a hidden Bitcoin mining virus from your computer. If you noticed that your computer – while you’re not using it - still behaves as if i... Zu Besuch in der Bitcoin-Mine: Hier fließt die virtuelle Währung in Millionenhöhe. Mehr Galileo: http://www.galileo.tv/ Galileo auf YouTube abonnieren: htt... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T... David Grossman enters a cryptocurrency maze to find out how powerful computers mine digital currencies such as Bitcoin. Newsnight is the BBC's flagship news ...

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