Bitcoin mining.

[Bitcoin]

How to Mine Monero? XMR Mining Pool|4:14

[Bitcoin]

ASIC for Bitcoin mining.
We've just gone through the most recent Bitcoin halving this year. Efficiency has halved, which increases the necessity for new technologies. It has also raised hash difficulty, making crypto mining more challenging.
One thing for sure is, today's "best" miners have nothing to do with what used to be the best two years ago. In fact, the same devices that made your money back then are no longer profitable.
Often when people review ASICs, they wonder how long they will last. Do all of them work three years on average? Unless your model is far advanced to the market, it doesn't matter. After such a "long" time, the difficulty would have increased again, making it unprofitable.
Because of this dilemma, many have wondered whether Bitcoin mining is worth the costs. People are taking off, and fewer miners remain on the network making big money.
Is it possible? Yes and no. It's not if you plan a €2,000 investment to make you passive income forever. It is if you work with the best ASIC on the market. Anything less than exceptional could result in a waste of time and money.
What's the Best ASIC for Bitcoin mining?
Before you go and buy the last Bitmain model, let us tell you that best can mean different things.
What model has sold the most?
Which one is the cheapest ASIC with an optimal price-quality ratio?
What's the most reliable and requires little to no maintenance?
What's the absolute best device in performance?
Thinking in absolutes can lead to wrong expectations. For example, many would buy the latest Antminer T17. But in BTC mining, the proof-of-work system involves competition, so whenever everyone has the same technology, it's no longer an advantage but a minimum requirement. What's popular may not be the best!
Are there limited quantities of the newest ASIC chip?
Is there a better performing model, even if for a lower price?
We don't doubt you may have heard of many ASICs we will mention in our list. Although Bitmain dominates the current market, you can still find decent versions from brands such as Canaan and MicroBT .
When you look for low prices and high performance, Bitmain Antminers isn't even a choice. The question is, which one should you buy among the dozens of models? Unless you follow the latest releases, you will find half of the store out of stock most of the time.
What does it take to be the best?
Here's our perspective for what makes an ASIC exceptional:
It's processing power is high enough to remain useful for years. The current ideal point is between 80Th/s and 110Th/s . Electricity consumption would be acceptable under 2500Kw/h and perfect under 2000Kw/h . For smaller versions, aim between 1000Kw/h and 1500Kw/h. It should offer a yearly return of investment of 100% or more (after you cover the initial cost on year one). With a daily profit of €7-€10 , it would ideally earn €250 per month and around €3000 per year. A smaller model should cost around €1500, while the biggest ones should aim at between €2500 and €3500 .
Mind that the lack of inventory could move the price a lot higher. You may also find how the newest models that are a bit better cost far more. You may then wait until they depreciate to that range to avoid unnecessary price inflation.
Of course, the perfect device doesn't exist. We will be reviewing the ones that approach the closest to this description. It's quite easy to find a model that does at least one of these well, but finding an ASIC that meets all requirements is a challenge.
Finally, the perfect model should have solutions for the most common problems ASICs have:
Noise:
If you live in an urban area, they may not allow you to use this hardware because of the noise. You should either keep these in some facility, move, or buy a silent ASIC(not cheap).
When ordering several devices, you need a fan or cooling system to keep them working. Otherwise, they may last less than three years or decrease efficiency.
Constant updating:
We don't know how the difficulty will keep increasing, if Bitcoin will continue to rise, or if a new model will appear. But the best way to mine Bitcoin is to adapt your tech. Whenever you make a profit, remember that you likely need to save a couple thousand for buying the next model soon.
Competition:
You wouldn't win a BTC block even with the most powerful ASIC in the world. If you don't believe me, watch this video to see who your competitors are. You can't beat competitors, only cooperate with them(mining pools).
Best ASIC to mine Bitcoin.
After we introduce the best performing models, we will share other versions which are also the best in their own way.
Let's start with the giant first.
Antminer S19 Pro.
Remember when 1Th/s ASICs were a thing? Well, they can no longer compete against a version that's over a hundred times more powerful. The Antminer S19 Pro was just released in May 2020 and sold out within the first weeks.
Although some miners wouldn't pay €3350 for this model, remember that far worse models sold at similar rates a few years ago. The S19 Pro (3250Kw/h) only makes us wonder: what will they release next year? Is this the best we can expect, or should we wait for a future model?
Since 90% of stores are out of stock already, you may have no choice but to wait for the next Bitmain update.
Did you think S19 pro would be the best? What if we told you your efficiency would increase by buying two S17s instead?
For €1995 (close to half of the S19 pro), it can handle 73Th/s (consumption of 2800Kw/h). That's €27 per tera-hash, a proportion you may not find anywhere else.
That's why Antminer S17 has been the top choice for most hardware enterprises, who have hundreds of these working as you read this review.
Whatsminer m30s.
If you couldn't find the S17 in stock, you'll love the Whatsminer m30s, because it's almost the equivalent to the Antminer. Instead of €1995 for 73Th/s, you'll pay €2200 for 90Th/s, an unbeatable deal.
The downside is, it consumes more than the latest S19 (3600W). Before you get excited about its low price, ask yourself whether it makes sense for the electricity cost. If you live in China, it's your best bet.
We expect that the company improves energy efficiency in the next few years.
Best quality for the lowest price.
Those were the absolute best we could find. But what if you don't have €2000-3500 to buy the best version? You can still profit from BTC mining if you purchase economic models.
Some low-cost ASICs perform so well that you could buy multiple of them and rival the S19Pro, for example. Here are our top three:
Not to be confused with the S17, the Antminer S17 Pro offers an optimal price for a slight power reduction. For €1,450.00, it handles over 56Th/s, which is acceptable for a 2020 ASIC. That's €26 per tera-hash.
What's best about smaller models is that their size allows them to save more energy. The S17 Pro should consume less than 2212W.
Most models last three years, but given this one's efficiency, you could keep it for longer. Instead, you can request Bitmain a repair and keep working. Imagine if you had three of them: €4,350.00 for 165-170Th/s.
Whatsminer M20S.
Like the M20S, Whatsminer usually offers a better entry price for its ASICs, even though the consumption may not be that low. For 3300kW/h, you can get about 68Th/s of power for €1,450.00.
Another advantage: Whatsminer M20S supports other less known coins aside from Bitcoin: Bitcoin Cash, Joule Coin, eMark, or PeerCoin.
Honorable mentions for the lowest price.
Most people expect spending over a thousand to get a decent ASIC. But did you know that you could get one for less than €100? You can technically still make profits, but these don't raise as much attention because of the low ROI.
Most will discard the Antminer S5, even though it makes 1.2 Th/s, consumers 650W, and costs under €250. It could make sense if you plan to earn with Bitcoin's valuation, but mining is unprofitable because of the halving.
A better version, the Antminer S9k, produces 13.5Th/s and consumes around 1200W. We've found it on Bitmain for as little as $63. Could it be the ideal ASIC for beginners?
Profitability in Bitcoin mining is closely related to the ASIC you purchase. Some go with the most powerful, while others choose to bundle smaller models.
If you want to find other unconventional versions, we'd also like to mention the BitFury Clarke, the Innosilicon T2T-29TH/s and Canaan Avalon 1066 (50Th/s).
One doesn't need to spend thousands to get the best quality, as we've seen with the Antminer S9K. You only need to act fast and buy the latest Antminer before it's out of stock, and the demand rises its price.
Bitcoin mining for free.
How Long Does it Take to Mine 1 Bitcoin? (Updated 2020)
Although we tend to take it for granted, when Satoshi invented Proof of Work (POW) mining he truly created a revolutionary new technology. Thanks to his contribution we can now mine Bitcoin and hopefully earn a nice reward for securing the network.
One question people sometimes ask though is, how long does it take to mine 1 Bitcoin? It’s a good question but as we’ll see, there’s not necessarily a straightforward answer.
How Long Does it Take to Mine 1 Bitcoin? Understanding Bitcoin Block Rewards.
Well, it’s not really possible to mine just 1 Bitcoin because each block reward is 6.25 BTC. It used to be 12.5 BTC until May 2020 when there was the halving and the block reward was cut in half.
So there’s not a way to mine just 1 Bitcoin. You either win the block reward and receive 6.25 Bitcoin or you get nothing. In fact, getting nothing is what happens 99.99999% of the time when you’re a miner.

[Bitcoin]

There are more than.
1 million ASIC miners (specialized devices built for mining BTC and other cryptos) securing the Bitcoin network, and only one ASIC at a time can win the block reward. So the odds of any single machine winning are one in a million.
How much Bitcoin can you mine in a day?
That’s why large Bitcoin mining farms have so many ASICs, to improve those odds. Given that a new block is produced every 10 minutes (equal to 144 blocks per day) a mining farm with ten or twenty thousand miners stands a decent chance of winning a couple of blocks per 24 hour period.
Mining farms are truly impressive to see firsthand. In this picture, a power plant in New York, USA is using its own electricity to mine BTC on a massive scale. Image credit: Coindesk.
However, most people don’t have $50 million worth of Bitcoin mining rigs lying around their backyard so winning block rewards are out of the question. That being the case, there is a way to win 1 Bitcoin over time.
How to Mine 1 Bitcoin Over Time.
A Bitcoin mining pool is a collaborative effort whereby all of the miners in the pool combine their hash power and then split the reward. How this works is that no matter which ASIC miner in the pool actually wins the block reward, that reward is split up and distributed proportionally to all of the miners based on how much hash power (mining “power” from mining devices like ASICs) they’re contributing.
That’s why joining a mining pool is the best way to mine a Bitcoin. You won’t get a Bitcoin all at once, at least not without a huge number of ASICs, but you can gradually accumulate a Bitcoin over time.
For example, with five or ten ASICs you may be able to mine 0.01 BTC a day and then in 100 days you would have mined a full Bitcoin. Of course how much time it takes you to mine a Bitcoin will depend on a variety of factors.
Most notably, how difficult is mining at this moment? You can check Bitcoin’s hash rate to determine difficulty. The higher the hash rate, the more difficult it is to mine (more competition and less profit). However, the hash rate frequently changes as new miners join the network and old ones drop off.
Bitcoin's hash rate does dip from time to time. But as you can see, the hash rate tends to increase over the long term. Image credit: Blockchain.com.
How long it takes to mine one Bitcoin can also be affected by something as simple as maintenance. ASICs are typically run 24/7 with no downtime, meaning that they’re prone to failure. To maximize profits you’ll need to have a way to fix your machines and get them running again quickly.
Bitcoin mining has updated the annual maximum.
The profitability of Bitcoin mining has never been so high, reaching its annual peak. In 2020 Bitcoin has had periods of decline and rise. During the pandemic in March-April, the world's largest cryptocurrency dropped to $3000 and a lot of people thought that the virtual asset was struggling. However, Bitcoin once again stood on its feet and currently exceeds $17,000 .
Bitcoin mining, profitability rises to annual maximum.
The profitability of mining of the renowned cryptocurrency has returned to the level that preceded the May halving . This was helped by the growth of the BTC rate above $18 thousand .
The revenue of Bitcoin mining has updated the annual maximum, the analytical service Glassnode reported in its Twitter account. As of November 18, the daily income of BTC miners was $21.2 million .
Glassnode noted that the profitability of the first cryptocurrency production has also fully recovered to the levels preceding the May halving. Then the reward for finding a block in the coin network decreased in half, from 12.5 to 6.25 BTC. Against this backdrop, BTC's daily production revenue fell from $20 million to $7 million.
The recovery of the mining revenue of the main digital coin was helped by the growth of its value. In May, at the time of halving, Bitcoin was trading in the range of $8.5 thousand - $9 thousand. Since then asset rate increased by about 100%, to $17.5 thousand, and yesterday, November 18, it rose above $18.4 thousand.
The favourable effect on the profitability of Bitcoin mining has also reduced the complexity of its production. At the beginning of November, this figure fell by 16%, to 16.78 trillion hashes. But after the last recalculation, the complexity has grown again - the current value is 17.60 trillion hashes.
How much will Bitcoin cost by the end of 2020?
The analytics company has published the key findings of its report for the current year. Experts explained that in the next 12 months the first cryptocurrency can update the historical maximum of value .
In 2020, Bitcoin will bring investors more than 100% profit, experts of the analytical company Fundstrat Global Advisors believe. The firm's co-founder Tom Lee has published key findings from this year's report. According to analysts, the first cryptocurrency with a high probability will update the historical maximum of value in the next 12 months.
The experts noted:
"In 2020, the return on investment in Bitcoin and other cryptocurrencies should exceed the yield of 2019. The economic model of the crypto sphere and Bitcoin is expected to improve".
They believe that the rapid growth in the price of digital assets will be caused by:
halving, geopolitical risks, the election of the US president.
Last year, bitcoin's revenue was 92%, according to this indicator it surpassed all the main asset classes.
At the moment, the average market price of the first cryptocurrency is $17,000. A year ago, the asset was trading at $3600. At the same time, the daily trading volumes of the asset increased by 450% , to $22 billion. Some people also suggest that it will hit the $22,000 mark.
Giorgi is a Georgia software developer with two years of experience trading on the financial markets. He is now working to spread the knowledge about the Blockchain in his country and share all of his findings and research to as many crypto enthusiasts as possible.
How long does it take to mine a bitcoin [in 2020]: Explained.
The process of mining bitcoins has evolved over the years since the first bitcoin was mined. In this detailed article, we have explained the process of Bitcoin mining and how long does it take to mine a bitcoin in 2020.
Since the inception of bitcoin, the process of mining the leading cryptocurrency has changed drastically. Initially, miners were able to use their home computers to mine bitcoins and even make a tidy profit. But now Bitcoin mining requires a substantial investment and dedicated equipment to make profits via mining bitcoin.
A new bitcoin is mined every 10 minutes, and the amount of time it takes a miner to mine a bitcoin depends on how much mining power he has. The process of Bitcoin mining has become quite challenging, and there is fierce competition among bitcoin miners.
Mining involves solving complex mathematical equations.
Mining a bitcoin block adds a new block to the blockchain, and as a reward for creating and validating the block, the miners get a reward in bitcoins. Mining a new block involves solving complex mathematical problems, and the first one to solve the problem gets rewarded with bitcoins. Bitcoin mining requires substantial computing power, and that is why special machines are used to mine bitcoins.
Note: There are only 21 million bitcoins that can be mined, and there are less than 3 million bitcoins left to be mined.
The speed of Bitcoin mining.
A bitcoin on average is mined every 10 minutes, and the rigs involved in creating a new block split the reward amongst themselves. As of now, miners are rewarded 12.5 bitcoin for mining a block , but the reward gets reduced by half every four years because of the halvening event. The speed of Bitcoin mining depends very much on the equipment that is used for mining. If you decide to use a home computer to mine a bitcoin, it will take you years to create a block, and the power consumption would outweigh the revenue you generated.
Note: The next bitcoin halvening is scheduled to take place in May 2020.
China is responsible for the majority of Bitcoin mining.
China is responsible for more than 65% of the total Bitcoin mining. And the rest of the 35% of Bitcoin mining happens in different countries, including the USA, , and Kazakhstan. Currently, Bitcoin mining is dominated by giant mining pools such as Bitmain. Bitmain's market share by hash rate is over 66%.
Note: The market hash rate of Bitmain dropped from 70% in June 2019 to 666% in November 2019.
How does Bitcoin mining pool work?
Joining a mining pool is relatively a safer way to earn profits when mining bitcoins. It allows a miner to utilize his equipment and collaborate instead of competing with other miners for rewards. A mining pool works collectively towards creating new blocks and normally requires you to contribute a minimum of 4% of the overall processing power to join in.
Note : Mining pools allow members to compete with ledger private mining organizations such as AntPool and BTC.com.
Bitcoin mining has changed a lot since its inception. In order to make profits by mining bitcoins is a tough job in 2020, and after the halvening, the reward will get even smaller. In 2020 ASICs are commonly used to mine bitcoin . The time it takes to mine a bitcoin depends on very much on the equipment, but on average, a new bitcoin is mined every 10 minutes.
Bitcoin is a decentralized P2P electronic cash system without a central server or trusted parties. Users hold the cryptographic keys to their own money and make transactions directly with each other, with the help of the network to check for double-spending. Bitcoins, usually denoted by BTC (e.g. 0.1 BTC), can also be exchanged for traditional currencies like US dollars.
1 Introduction 1.1 Consensus 1.1.1 Nature of consensus failure 2 How to get Bitcoins? 3 Bitcoin software 3.1 Thin client 3.2 Full node 3.3 Mining 4 See also 4.1 Informational sites 4.2 Discussion groups 4.3 Blockchain explorers.
The Bitcoin network runs on peer-to-peer networking, digital signatures and cryptographic proof to make and verify transactions. Nodes broadcast transactions to the network, which records them in a public record of all transactions, called the blockchain. A block is a record of some or all of the most recent Bitcoin transactions that have not yet been recorded in any prior blocks. In order to preserve the integrity of the blockchain, each block in the chain confirms the integrity of the previous one, all the way back to the first one, using hashing.
New bitcoins are generated by the network through the process of mining. Mining involves inserting a new block into the current blockchain, this is difficult because it requires generating a valid hash (in this case a large integer).
A variation in difficulty is achieved by requiring that this integer is below a certain threshold - the data in the block is perturbed by a nonce value, until the data in the block hashes to produce an integer below the threshold - which takes a lot of processing power. The threshold is set by the number of people currently mining for bitcoins so as to achieve a general speed of about 1 block every 10 minutes.
Consensus.
The Consensus is a Bitcoin specific term to describe P2P network participants' compatibility, with the Consensus rules describing implementation details of the protocol to adhere to.
The consensus rules are the specific set of rules that all Bitcoin full nodes will unfailingly enforce when considering the validity of a block and its transactions. For example, the Bitcoin consensus rules require that blocks only create a certain number of bitcoins. If a block creates more bitcoins than is allowed, all full nodes will reject this block, even if every other node and miner in the world accepts it. Adding new consensus rules can generally be done as a softfork, while removing any consensus rule requires a hardfork. Rules regarding the behavior of the mere network protocol are not consensus rules, even if a change to the network protocol behavior breaks backward-compatibility. The consensus rules are only concerned with the validity of blocks and transactions. These rules are called consensus rules because Bitcoin requires that all participants in the Bitcoin economy have consensus (with the meaning of the next definition) as to the consensus rules. If the economy disagrees about the consensus rules, then the currency and economy splits into two or more totally-independent pieces.

[Bitcoin]

Nature of consensus failure.
The nature of consensus is a very strict yet completely voluntary uncoordinated interaction of many independent users. It is both a requirement of the networks correct operation, and a facilitator of its correct operation at the same time. You can be considered to be in consensus with any other node that will accept any data structure relevant to consensus as valid that you have accepted as valid (ignoring of course an instance where two different miners both find valid blocks at the same time and each relay theirs to part of the network, the next valid block will decide which preceding block was valid based on which one it extends from). Consensus can be broken violating explicit consensus rules (violating a rule explicitly spelled out as a consensus rule, i.e. the cap of 21 million bitcoin, rate at which they are issued, the maximum size of a block, that a transaction is only valid if citing a valid unspent coin, etc.) or violating unexplicit rules (due to a bug or unintended consequence of design, i.e. a valid structure erroneously being invalidated due to software bug/improper format/etc., or the use of an attack avenue to overstress the node with load due to a bug or bad design). Both types of consensus failures could potentially come to be intentionally or unintentionally.
A discussion of two consensus breaks in Bitcoin Core's history, one explicit, one unexplicit: https://bitcointalk.org/index.php?topic=702755.0.
How to get Bitcoins?
There are a variety of ways to acquire bitcoins:
Accept bitcoins as payment for goods or services. There are several services where you can trade them for traditional currency. Find someone to trade cash for bitcoins in-person through a local directory. To find traders near you, you can use LocalBitcoins or a bitcoin map. Participate in a mining pool. If you have very good hardware, you can solo mine and attempt to create a new block (currently yields 12.5 BTC plus fees). See #Mining.
Some points to illustrate above warning:
As mentioned earlier, different clients implement different rules on #Consensus. For example: A #Thin client does per se not implement all rules, but only a subset. A #Full node client may be forked to allow customizing options which are incompatible with the network Consensus at large. Another full node may be programmed to validate in Consensus until it has itself reached a majority coverage, in order to leverage majority to implement different rules. The assumption is that the minority will follow suit, see #Nature of consensus failure for examples. A lot of Linux distributions do not officially package bitcoin clients, and one reason are its special requirements to function on the P2P network. Some bitcoin developers even come to the conclusion the clients should not be packaged at all. See a related fedora request for further information. Using a rolling release distribution does pose additional risks in this respect.
The above implies you should also take continuous due care to test related updates.
Thin client.
The thin clients are also named Simple Payment Verification (SPV) clients.
Thin clients do not fully validate the blockchain or compute a full Unspent Transaction Output Set (UTXO). They derive their security in proxy by connecting to a fullnode and downloading the blockheaders. They are still able to guarantee the Proof of Work behind a block is valid, and each blockheader contains a merkle root of all the transactions in the block. This allows them to query full node clients for the blockheaders and the data to prove their transaction is in the merkle root in the blockheader. They however must trust that miners are mining valid blocks, and have no way to make sure rules like the issuance rate or cap of Bitcoins are being followed.
There are several Bitcoin thin client implementations in the official repositories and in the AUR.
Full node.
A full node is a bitcoin client which starts with the initial genesis block of the blockchain, and sequentially validates the signature chain of every historical Bitcoin transaction and validity of each historical block to construct upon arriving at the tip of the chain the current Unspent Transaction Output Set (UTXO). This is the current set of unspent coins, and which private keys they are encumbered to. It is called a full node because it obviously verifies the cryptographic integrity of the UTXO set itself. A full node client may or may not also participate in relaying unconfirmed transactions around the network and operate a mempool of all unconfirmed transactions, and may or may not participate in serving the full historical blockchain to new full node clients bootstrapping themselves.
There are several Bitcoin full node implementations in the official repositories and in the AUR.
If you decide to install one: It is possible to run a full node that deletes almost all historical blocks, only keeping the recent history to a certain threshold, but only after having downloaded (260GB as of October 2019) and verified them (which is CPU intensive) in sequence to arrive at the present period it retains. This is to ensure the same guarantee of the cryptographic integrity of the UTXO set. Afterwards, one may reduce storage and limit bandwith.
The initial download of the blockchain can be sped up by increasing the database cache as much as your RAM allows, add dbcache=M to.
/.bitcoin/bitcoin.conf where M is the number of megabytes of RAM to allocate.
The concept of Bitcoin mining is based on searching for an input that is hard to find but easy to prove the existence of. Bitcoin miners construct blocks that consist of a set of transactions users are trying to make and link them to the previously solved block. Miners add a random piece of data to this, and hash a summary of the block. If the hash of this summary is below the desired target of the network, the block is considered valid. Since it is easy to reproduce any individual hash, they are impossible to predict, so the miner does not know which piece of data will create a desirable hash.
Mining requires the use of a miner , which is a program used to compute the required hashes and thus create Bitcoins. To learn more about mining please read this article.
There are several Bitcoin miners in the official repositories, as well as in the AUR.
Want to Use NiceHash Miner on Linux? Here's How to do That.
NiceHash is not available on Linux officially but you can still use other applications to connect to NiceHash marketplace using its excavator. Here's how to do that.
What is NiceHash, again?
If you are looking for using NiceHash on Linux, you probably already know what is NiceHash. I'll explain it briefly anyway.
NiceHash is essentially two things: a crypto-mining marketplace and a software to connect to this marketplace and use its service.
Mining cryptocurrency requires huge processing capacity. People with resources have built Bitcoin mining factories.
But not everyone can create a setup worth hundreds of thousands of dollars consisting of a cluster of high-end processors. This is why there are many crypto-miner malware that leech off the CPU from unsuspecting users.
NiceHash uses a similar concept but in legal ways. This Slovenia based company provides a marketplace where an end-user can 'rent' out part of his CPU's power to a buyer who wants to use more computing power to mine cryptocurrency.
The renter gets paid (in cryptocurrency) for the use of his/her processor while the buyer gets to use more processing power for crypto mining without purchasing new hardware.
NiceHash Marketplace Concept | Image Credit.
Apart from the marketplace, NiceHash also provides a free to use software that automatically connects the buyers and the renters.
Now the problem is that the NiceHash software is Windows-only . Does that mean you cannot use NiceHash on Linux? No.
There are a few applications that allow you to use NiceHash on Linux. I am going to discuss one such software called nuxhash.
Use NiceHash on Linux with nuxhash.
Since NiceHash application is not available for Linux, you'll have to use some unofficial applications for this purpose. Nuxhash is such a NiceHash client for Linux.

[Bitcoin]

Lyn Alden: 2021 Market Crash vs. The Return Of Inflation? (Bitcoin, Gold \u0026 Silver Predictions)|51:53

[Bitcoin]

Nuxhash consists of a headless daemon and a Python-based GUI so you can use it on servers or desktops, as you like.
I have performed this tutorial on Ubuntu 18.04 LTS but it should be applicable for other Linux versions as well because it uses Python.
Here are a few things you need to have in order to install and use nuxhash.
Python 3.6 and Pip3 installed on your system Curl because it will download the proprietary NiceHash excavator. Nvidia graphics driver (if you have Nvidia GPU on your system) ocl-icd-libopencl1 library (may already be installed) An account with NiceHash that will give you NiceHash wallet address.
Once you have all these required stuff, let's see how to install nuxhash to use NiceHash on Linux.
Installing nuxhash.
Open a terminal and use the following command to install pip on Debian and Ubuntu based distributions:
Now run the following command to install nuxhash:
Once installed, you can use either nuxhashd or nuxhash-gui to start the setup process. I have used the GUI in this tutorial:
When you run it for the first time, it will download the NiceHash excavator.
Once the excavator has been installed, it will ask you to configure the setup.
If not already done, you should create an account with NiceHash. This is where you'll get the Wallet Address that you need to enter in the settings.
Do note that 0.5% of the mining time of your system will be donated to the developer of nuxhash by default. If you don't want to help the developer this way, you can change the flag in file.
/.config/ nuxhash /settings.conf to optout = True.
Once you have everything setup, you can start using NiceHash on Linux. Enjoy your bitcoins 🙂
Best GPU mining Case for Building Mining Rig in 2020.
Cryptocurrency Mining is currently the hottest talked topic both in the tech industry and in the financial world. It has been booming like crazy and this leads to a shortage of graphics cards worldwide. Cryptocurrency Mining has become very profitable nowadays and you can earn a decent amount of money by mining profitable altcoins (Ethereum or ETH, ETC, Zcash, Litecoin, Monero, etc.), or maybe bitcoins by practically doing nothing. You just need a mining rig that comprises graphics cards, processor, memory, mining motherboard, PCIe riser USB cards, power supply, hard drive or SSD, case fans for cooling and an open-air frame case or mining case to support your graphics cards and other components.
Mining cases come in different capacities depending upon the number of graphics cards that you want to use. There are 6-GPU mining cases, 8-GPU mining cases, 12-GPU mining cases and so on. You can also build your own custom mining case but that involves a lot of time and effort. Also, you don't get many benefits as there are pretty good open-air mining cases available at affordable prices that you can directly buy online. So, here I am going to list down the best available mining cases or mining rig cases with different capacities, which you can get for building your mining rig for cryptocurrency mining.
These are all stackable frame mining cases with the solid build quality and they offer good protection to your GPUs and other components. These GPU miner cases come unassembled and you have to assemble and install it by yourself with some simple instructions that come with it.
Best Mining Rig Cases for GPU mining.
Here are some of the best GPU mining Rig cases with different graphics card carrying capacities. You can use these GPU mining cases to build an ethereum mining rig or any other altcoin mining rig.
6-GPU mining Case.
Kalolary 6 GPU mining Aluminum Case Rig Open Air Frame.
This is a good quality open-air mining case that supports up to six graphics cards up to 320mm in length. This stackable open air mining case is made up of aluminum alloy and is quite strong and sturdy. It can support both mATX and ATX motherboards and dual PSUs. For cooling, this GPU mining case can support up to five 120mm case fans for cooling down the heat generated from the graphics cards. Also, the case allows pretty good space between the graphics cards that allows even better heat dissipation and cooling performance.
You can build a pretty good GPU mining rig or Ethereum mining rig using this open frame mining case and can make a decent amount of money. It is also suitable for other altcoins or cryptocurrencies that include Litecoin, Dogecoin, Earthcoin, etc. This mining rig case comes unassembled but it is pretty easy to install and assemble it. Overall a great budget GPU mining rig case for starters or beginners who want to make some extra bucks without doing anything. Recommended by me.
Kalolary 6 GPU mining Open Case Specifications GPUs Supported 6 (up to 320mm GPUs) Dimensions 350mm x 650mm x 380mm Frame Material Aluminum Alloy Motherboard support ATX / Micro-ATX Fans support 120mm x 5 Features Dual PSU Support, PSU Mounting Kit, Efficient Cooling, Generous Space between Graphics Cards.
Other Recommendation.
8-GPU mining Case.
8 GPU Aluminum Stackable Mining Rig Case Open Air Frame.
An 8 GPU mining Rig Case for building your mid-level mining rig at home. The case is made of aluminum alloy metal, has good build quality and comes in silver/black color. This is a slightly bigger mining case than the above mentioned 6-GPU mining case, and it supports up to seven 120mm fans, microATX / ATX motherboard and dual power supplies.
There is also a good amount of gap between the adjacent graphics cards that allows very good dissipation of heat and enhanced cooling. The case comes unassembled and you can install it with the instructions that come with it. It also includes Fan Brackets which really helps in installing 12cm case fans. Overall, a high quality 8 GPU mining case for building a mid-sized mining rig.

[Bitcoin]

8 GPU Open Air Mining Rig Case Specifications GPUs Supported 8 Dimensions 340mm x 860mm x 380mm Frame Material Aluminum alloy Motherboard support m-ATX / ATX Fans support 120mm x 7 Features Stackable design, Dual PSU support, Sturdy.
12-GPU mining Case.
LAWOHO Miner Case 12 GPU Open Air Mining Frame Case.
If you want to get into some serious mining business then this LAWOHO 12 GPU mining Case is definitely for you. This is again a high-quality and sturdy mining case that is made up of Industrial-Grade 2020 Aluminum alloy and is suitable for building a profitable GPU mining Rig to mine variety of cryptocurrencies that include Bitcoin, Litecoin, Dogecoin, Earthcoin, and other Altcoins.
This is a fully stackable and adjustable open-air mining frame case that supports ten 120mm case fans, HDD/SSD, up to ATX motherboards, dual PSUs. It is also pretty compact for a 12-GPU mining rig and is also pretty easy to install. The whole rack is very stable and it holds all the components very well at their places. This 12 GPU mining rig case comes with an acrylic board, screws & accessories, mounting kit, and installation manual.
12 GPU LAWOHO Miner Case Specifications GPUs Supported 12 (up to 320mm in length) Dimensions 640mm x 360mm x 581mm Frame Material Aluminum Alloy Motherboard support mini-ITX, M-ATX, ATX Fans support 120mm x 10 Features Dual PSU support, Spacious, Easy Installation, Stackable, support 3.5" / 2.5" SSD.
19-GPU mining Case.
Open Air Mining Rig Stackable Frame 19 GPU Case.
This is a mining case for pro miners who want to build a big mining rig for maximum profits in cryptocurrency business. This is a high-end mining rig case that supports up to 19 Graphics Cards, 18 x 120mm cooling fans, ATX motherboard 4 PSUs. This is a very durable case and it comes with 18 blue LED fans. It has a stackable design, comes unassembled and is very stable. So, if you are looking to make some serious cash then this 19 GPU mining rig case is what you should get for yourself.
Open Air Mining Rig Stackable Frame 19 GPU Case Specifications GPUs Supported 19 Dimensions 760mm x 360mm x 750mm Frame Material Aluminum alloy Motherboard support Up to ATX Fans support 120mm x 18 Features 4 PSU support, enhanced cooling, 18 Blue Led Fans.
So, if you want to build the best cryptocurrency mining rig for yourself then these above-mentioned GPU mining cases will not let you down. All of them are very durable, solid, stable and offer great protection to your graphics cards and other installed components. If you want to ask anything then don't feel shy and please leave a comment below.
Mining rig.
A mining rig is a computer system used for mining bitcoins. The rig might be a dedicated miner where it was procured, built and operated specifically for mining or it could otherwise be a computer that fills other needs, such as performing as a gaming system, and is used to mine only on a part-time basis.
Warning: GPU mining is not very profitable (if at all) anymore, and even if you have free electricity, GPU rigs will likely never pay for themselves at this point!

[Bitcoin]

Mining is the process where nodes in the Bitcoin Network assemble newly broadcast Bitcoin Transactions into a data structure called a block. Nodes then compete to append their block to the public Block chain by repeatedly mutating the block's header data structure, usually by incrementing the nonce field, then hashing it in an attempt to find a value that satisfies a difficult proof-of-work.
When a node finds a valid proof-of-work hash for a block, it broadcasts the block to all nodes. Other nodes accept this block only if all the transactions in it are valid and have not yet been included in a block. Other nodes in the network then express their acceptance of the block by building upon it to create the next block in the chain.
Every block is timestamped and references the hash of the block preceding it. Blocks form a backward reinforcing, timestamped chain - a Timechain, the precursor to the term 'Block chain'.
The Block chain structures itself in a manner that is computationally and economically impractical to modify by any one entity. Due to this, transactions included in the Block chain are considered immutable. In addition to this quality, the Block chain establishes an authoritative order of these transactions throughout the network by establishing which, out of any pair of conflicting transactions was seen first, thereby protecting users from attempts to re-spend coins that have already been spent elsewhere. This is the key innovation of mining and of Bitcoin.
Nodes.
Nodes are entities which run software that carries out the mining functions above. Nodes communicate using a P2P Network with its own protocol, and are the authors of the Bitcoin ledger and enforcers of the protocol rules.
Interestingly, the Bitcoin whitepaper makes no reference to the term 'Miner' or the concept of 'mining'. These terms cover the actions described in section 5 of the Bitcoin whitepaper which describes the responsibilities of nodes on the network.
It is possible to run the node client software without performing block assembly or proof-of-work. Such a setup can be used as an interface to the network for other systems such as block explorers, payment gateways and archives. Eventually it is expected that customised client software will be developed for each of these services so they will no longer be dependent on the node client to operate.
Computers that run a node client which do not perform proof-of-work cannot append new blocks to the Block chain. This means they can neither express acceptance of valid blocks by working on extending them, nor reject invalid blocks by refusing to work on them. These computers exist as passive entities that follow the gatekeepers of the network, the Miners.
Before a transaction can be timestamped in the Bitcoin Block chain it needs to be received and validated by a Miner. If the Miner deems the transaction valid, they add the transaction to one of several mempools. Mempools are temporary transaction stores and can be used to hold transactions grouped in different ways, such as transactions to be mined in the next block, transactions to watch, or transactions which cannot be mined due to an nLocktime/nSequence lock.
It is important to note every Miner has their own mempools and that mempools vary across Miners. It is also important to note that an individual transaction can be included in different mempools at the same time.
A Miner takes the transactions it intends to include in the next block and hashes them into a merkle tree structure, and includes the resulting merkle root within a candidate block header. The Miner then hashes this candidate block header, attempting to find a valid proof-of-work.
Hashing.
A hash is a function that converts a string of data into a fixed length value that represents the original string, called the hash value. Every hash value is unique.
Hashing is a one-way function, meaning it is infeasible to determine what the input data is by looking at the hash produced from it. Conversely, it is trivial to run the same input data through the same hash function and reproduce the same hash. Because of this, a hash value of input data can be thought of as the digital fingerprint of that data. In Bitcoin mining, the input data is the 80-byte block header.
The hashing algorithm used in Bitcoin mining is SHA-256. SHA-256 stands for Secure Hash Algorithm - 256 bit. Passing the same block header data through this algorithm will always output the same 256-bit number. However, if the header data is modified even by a single bit, the result will be a completely different and unrelated 256-bit number.
Bitcoin mining passes the block header data through the SHA-256 algorithm twice (SHA-256d).
Bitcoin uses a Proof of Work function based on the earlier work of hashcash.
A Miner cannot create a new block without finding a valid proof-of-work hash, for the block header they are hashing. To be valid, the SHA-256d hash (which is just a number) of the block header must be less than another number, called the target. The target value is defined by the Bits field in the block header that is being hashed.
The target adjusts so that the average time it takes for the entire network to find a valid proof-of-work hash is ten minutes.
Because of the extraordinarily large SHA-256 target space, it is extremely unlikely that any given hash will be below the target. As a result of this, hashing entities invest large amounts of capital into specialised hashing hardware, along with the associated electricity costs in order to produce as many of these hashes as possible in a given time period. Therefore, the only way a Miner can append a block to the Block chain is through a substantial commitment of operational expenditure - proof-of-work.
Incentive.
The first transaction in every block is called the Coinbase transaction. The Coinbase transaction is a special transaction which pays bitcoins to the Miner of the block. The Coinbase payment is made up of the subsidy amount and the sum of all transaction fees paid by transactions within the mined block.

[Bitcoin]

Competition.
Propagation and validation.
If a Miner finds a valid proof-of-work for the block header they are hashing, they immediately announce this by sending the entire block to other Miners. Meanwhile, they start working on finding the next block in the chain.
Competing Miners receive this block and immediately check that all transactions within the block, as well as the proof-of-work are valid. If the block is valid, they discontinue mining on top of the previous block and start working on hashing a new block header, building on the block just found by their competitor.
There are incentives at play here. First, winning 'Miner A' strives to get their winning block to all other Miners as quickly as possible. This reduces the possibility that competing 'Miner B' (who found a valid block at approximately the same time) propagates their block to some Miners before 'Miner A' could. This opens up the possibility that 'Miner A's' block, could later be orphaned and the Coinbase reward rendered invalid and unusable by 'Miner A'. The degree of bandwidth and connectivity to other Miners can be seen as a competitive advantage and as such, the mining network tends toward a densely connected, small world structure with high bandwidth.
There also exists a competitive advantage in validating transactions. When validating a block, each transaction's inputs must be looked up in the miner's UTXO set to check they are unspent and the amount in satoshis is correct. Additionally, each inputs locking and unlocking scripts need to be run by the Miner to assess whether each transaction is valid.
Rejected blocks.
At any given point in time, two or more independent Miners may mine a block at the same time. In this situation, nodes can be in disagreement about which of these blocks should be the tip of the Block chain.
Miners always follow the longest chain they deem to be valid. Eventually another block will be found that builds on one of the competing chain tips. Miners then switch to this tip provided they consider it to be valid. As such, any fork scenario is eventually resolved back to one persistent chain, through the actions of the majority of hash power.
In this scenario, a block that doesn't end up forming part of the longest chain is rejected by the network and called an Orphan Block. An orphan block represents wasted effort on the behalf of a Miner and an incentive to invest in infrastructure in order to reduce the frequency of these events. However, orphans do not reduce the overall revenues of the Bitcoin system as the wasted work is not factored into the difficulty adjustment. Thus, if a certain percentage of hashing work is wasted due to the orphaned blocks, the difficulty will adjust downwards by a similar percentage, maintaining the same rate of valid block production overall. Additionally, the fee paying transactions in the orphaned block will still be valid and included in the competing block or its descendants.
Competing valid blocks are not the only way that blocks end up being rejected. Any miner can refuse to build on any block for any reason. Such an action by a particular Miner is only meaningful if the majority of Miners carry out the same action. It is through this mechanism that the mining network can establish consensus on variables that are Miner configurable - such as maximum block size. This is the basis of Nakamoto Consensus:
" They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
An application-specific integrated circuit, or ASIC, is a microchip designed and manufactured for a very specific purpose. ASICs designed for Bitcoin mining were first released in 2013. For the amount of power they consume, they are vastly more energy efficient than predecessor approaches to mining - using CPU, GPU or FPGA.
Pooled mining is the use of a block template allocation system that provides, distributed hashing infrastructure updated block headers against which they perform proof of work. This system of hash allocation to nodes is a primary part of Nakamoto Consensus, in that individual operators of hash power can choose to re-allocate their hash to nodes, producing blocks that meet their expectations in terms of maximised profitability and adherence to the Bitcoin ruleset. Miners who distribute block templates that don't maximise profit, or which attempt to implement changed rule sets, risk the owners of the hash machinery they depend on re-deploying it to a different node on the network.
Stratum.
Stratum is an open-source mining protocol used by many mining pools. Stratum facilitates coordination between the mining pool operator and individual mining machines.
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[Bitcoin]

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SuperMining was founded at the early in 2017. it took 6 month to setup our cloud mining farm. The founders of our world-class cryptocurrency company got to know each other by using the same platform for buying and selling Bitcoins. As our cryptocurrency mining company and its user base grew, new mining farms were built up and several additional people hired, specifically programmers and engineers.
The members of our Bitcoin mining superteam come from different type of field , but our common faith in cryptocurrencies has brought us together. We are all strong believers in the future of digital currencies and we love being part of this growing community!
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Bitcoin is a cryptocurrency, created by Satoshi Nakamoto in 2009. The main advantage of using BTC is lower transaction fees than other traditional online payment systems. Bitcoin is an electric payment system with mathematics proof.
The main purpose of this innovative idea is to make a transaction, which is independent of any central government or authority. Everything is electrically in a secure, immutable and verifiable way. That everything we achieve using the Bitcoin mining process.
Free Bitcoin mining is the most important part of blockchain technology. Bitcoin mining is just like a lottery where you can compete with your mining hardware with everyone on the blockchain network to earn free BTC. Mining Bitcoin is the process of transaction in the cryptocurrency system.
Record of the current transactions, called blocks, are added to the record of past transactions, known as the blockchain. Bitcoin miners use BTC mining hardware to solve complex transaction-related algorithms. And Bitcoin miners are rewarded with a certain number of bitcoins per block as free Bitcoin mining reward.
Initially, First bitcoin (BTC) was mined with the personal computer by Satoshi Nakamoto. Then the system is dominated by graphics card systems, then FPGAs (Programmable gate arrays). Finally introduced application-specific integrated circuits (ASICs) to find more hashes with less electricity consumption. Our Latest ASICs chips enable the dream of free Bitcoin mining.
As we know mining bitcoin at home is too expensive, but here is an alternate solution is free cloud mining . Generally, the Cloud mining term used for the company websites, that charge some fees in exchange for mining bitcoin for you.
In simple words, you can mine bitcoin remotely without investing in expensive mining hardware and electricity. Superminig's free bitcoin cloud mining seems like a perfect solution: You can rent hash power from us that are located worldwide.
Supermining takes care of maintaining the miners and share good revenues of the operation. Supermining provides the best cloud mining services, it's 100% legit, reputable or profitable bitcoin cloud mining company.
What is Bitcoin mining Pool?
Bitcoin mining pool is a group of bitcoin miners who combine their hashing or computational resources over a pool or network. All the participants contribute processing power in the mining pool for finding a block. If the pool is successful in finding a block, they are rewarded with newly generated bitcoins.
Rewards or Bitcoins is a divide among all the participants, who contribute their processing power to solve a block in pool. Rewards depend on the contribution of your processing power in the pool. The free Mining pool is the best option for free Bitcoin mining from your home.
Nowadays, bitcoin free mining is an easy task. Many companies provide cloud mining services which provide free Bitcoin mining for you. You can join by adding your bitcoin address and starts free Bitcoin mining from your home. You can also join free cloud mining, without investing money on expensive hardware.
Supermining is one of the leading best free Bitcoin mining company, which allow you to join free cloud mining and provides mining BTC for free.
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The story of Vicox started at the end of 2006. At that time, we captured the opportunity to make money in the crypto market. After more than 14 years working in this field. We recognize that the cryptocurrency market has changed investors' minds. In the circumstances that people can not continue to work to make money. They see the crypto market as a place to make money, an income they can earn instead of going out and doing traditional jobs. Vicox has captured this trend and refreshes trading activities in the crypto market in 2020 to be suitable for everyone. Staying at home and partnering with Vixox's experts is a smart choice.
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What is vicox.cc?
vicox.cc is a legit registered and the most profitable cloud crypto currency mining company.
How to start with vicox.cc?
First of all, you need to have a Bitcoin wallet. You can download a Bitcoin wallet on https://blockchain.com or you can use web wallet like Dogechain.info. Then copy the address of the wallet and paste into the registration form.
How profit gets generated?
vicox.cc is a company that offers an alternative option consisting in the rental of computing capacities for the cloud mining of crypto currencies. All adult investors are invited to cooperate, and each participant of the project is guaranteed transparency and stability of dividends. In addition to the transfer of mining equipment for rent to investors, vicox.cc can offer a number of complete solutions for better interaction between investors and partners with the management.
What is the minimum deposit/withdraw amount?
Currently, the minimum deposit is as low as 0.001 BTC The minimum withdrawal amount 0.002 BTC All Payments Instantly.
What if I deposit less than minimum?
Any amount less than 0.001 BTC will be considered as donation, and will not reflect as a valid deposit!
When will my Purchased Plan show up on Dashboard?
Your deposit will appear as quickly as the Blockchain network confirms receiving your deposit. Immediately after, you will be able to see your deposits on the "Balance" page.
Can I make more than one deposit?
Yes, there are no limit. You can make as many deposits as you wish. .
Am I allowed to have more than one account?
No, you are not! Having multiple accounts under one holder or more holders in one household is a strict disregard against the terms and conditions! We use several security features to fetch multiple accounts. Should we recognize any suspicious occurrence, then all accounts related to this will be permanently blocked unless there is evidence that militates against blocking.
Can I Withdraw My Earnings From the free plan?
No, To Withdraw Your Funds You Need To upgrade Your account to any Plan you want.
CPU Mining: The Ultimate Guide To The Best CPU Coins.
Check this guide out to learn what CPU mining is with the best coins to CPU mine and if it's profitable? Believe it not there are still miners who believe in mining this way.
Despite the days of Bitcoin mining 50 BTC on a laptop being long gone many miners still seek out CPU mining. Most of this is due to its availability and claims as one of the most cost-efficient types of crypto mining hardware to obtain.
Yet there are still active mineable cryptocurrencies for the lower-end computers to participate in CPU mining. However just because CPU mining is still active in some cryptocurrencies doesn't mean you should pursue them in mining.
Many of the cryptocurrencies who started with this form of mining have moved on to the use of much stronger chipsets like GPU mining and ASICs making CPU mining those crypto coins pointless.
At first glance, it would appear as if most of the crypto space is leaving behind the CPU mining scene, but now with the demand for ASIC resistance, some cryptocurrencies are reseeking CPU mining as a haven from higher-end chipset invasions.

[Bitcoin]

Even though CPU processing wasn't explicitly designed for the particular use of solving repetitive complex mathematical equations involved in mining cryptocurrency, it still has an appeal to some at-home miners as you never know which cryptocurrency could be the next Bitcoin.
Which is one of the main reasons why we mentioned in our Laptop Bitcoin mining article about the reports of newer cryptocurrencies starting to support CPU mining again?
Not only are laptop miners hopping on board but even some of GPU miners like ourselves are allocating extra CPU power to support these newer projects as well.
Knowing firsthand the difficulty in finding these types of project's we wanted to create this guide as a cornerstone for CPU mining capable cryptocurrencies with low difficulty and active communities.
As a bonus, there's a link later in this guide that reveals our top secrets on how we manage to find these newer coins before anyone else does. We will also dive into the CPU mining profits and methodology behind it for miners.
What is CPU Mining?
CPU mining is a process that utilizes the cores of a Central Processing Unit(CPU) to verify transactions on the blockchain and to create new digital coins.
The founder of this new technology of processing payments is a developer that goes by a code name of Satoshi Nakamoto who invented, and CPU mined the first-ever digitally encrypted decentralized tokens called Bitcoin.
This first of many protocols posed to solve two main issues found in traditional financial institutions.
Eliminate the need for a trusted authority to generate and distribute the currencies tokens.
Solve the "double-spend" issue found commonly in traditional fiat money.
However, the CPU's involvement in pioneering Bitcoin mining ended rather abruptly as the network grew and faster chipsets like GPUs and ASICs were introduced to take over mining on the network.
Ever since then CPU mining has been considered an underdog in the cryptocurrency mining space, but with the recent demand for ASIC resistant algorithms these days CPU mining has made it ways back into some of the other cryptocurrencies called altcoins.
Best Coins To CPU Mine.
Please keep in mind that these top pick coins are our personal opinion and should not be considered investment advice. As always its best to conduct your own research before investing in any cryptocurrency.
Update: Monero has recently switched its algorithms to ward of ASIC miners making it the most profitable coin to CPU mine. Join our FB group to learn more about how to mine it and to stay in the loop about new coins.
To find out how you can start mining, please refer to each tokens Discord group and additional resources for miner support. Moreover, for MacBook users, some of these coins should have an Apple client you can download which you can find out at each token's main website or ANN.
Lethean - This coin is one of our favorites to currently CPU mine as it already has a working built-in application. Its wallet not only stores your mined Lethean coins but allows you to select a proxy server to browse the internet privately and worry-free from anyone knowing your identity. This coin used to be known as Intensecoin but rebranded this year. The setup for this Miner is beginner level as you follow the instructions they have posted in the Bitcointalk ANN.
Use our guide to get started mining Lethean.
SIDENOTE : Technically you can now GPU and CPU mine this crypto coin but it's still low enough difficulty to mention for CPU mining.
Lethean Resources:
Yadacoin - This blockchain technology proposes to enable enterprises, big or small, to effectively offer goods or services to their audiences in a more targeted way than traditional social media platforms like Facebook. To set up and start mining this coin go to their website under the guides menu for further instructions.
Yadacoin Resources:
Bitcointalk Discord Website Youtube.
Biblepay - This is a Christian religious based cryptocurrency that donates a percentage of the coins manufactured to charities. 10% also goes to the development of the coin as there was no pre-mine or ICO to fund this project. From what I can tell from the forums it appears this coin is grabbing traction fast.
I think it's super cool that they call there master nodes sanctuaries instead. These sanctuaries play a deciding factor in how the 10% for development gets allocated through a secure voting system. To set up and start mining this coin be sure to Bible Pay Mining page. All CPU mining power supported on the network goes towards research for disease cures.
SIDENOTE: Setup on this miner and wallet is very different then what typical setup requires so be sure to join their discord for miner support.
Biblepay Resources:
Koto - This one is a bit of a mystery to us, but Koto claims it's going to be Japan's very first truly anonymous cryptocurrency. I've been following there discord channel for awhile. It looks like at one point the project passed developers but is now slowly getting attention in the Japan scene. To set up the miner be sure to go to there site and follow the instructions. If you get stuck on trying to set any of the coins up for mining be sure to check the coins discord channel for faster support.
SIDENOTE: This coin is just starting to gain momentum in the japan crypto scene so keep an eye out for it to get more listings.
Koto Resources:
Bitcointalk Discord Website Youtube Koto Mining Pool.
Verus- Verus uses a unique concept called VerusHash which is said to be one of the fastest cryptographic hashes in the real of CPU mining. The idea behind this is to create an ASIC resistance hardened algorithm as a further precaution measure from ASIC mining invasions.
SIDENOTE: At the time of publishing this article it appears V erus is sitting at .13 cents. Reports of CPU and GPU enabled were mentioned but GPU mining is being removed from the project protocol for now.
Verus Resources:
BitcoinTalk Discord Website Youtube Verus Mining Pool.
CryptoNote CPU Mining Coins.
Now with happening hard fork of the CryptoNote algorithm, out spawns many variations of privacy tokens like Sumocoin and Loki. Most of these newer versions can mine on a CPU and GPU, but some are still in infancy stages making it somewhat feasible for CPU mining enthusiasts.
Additional CPU coins list:
Nerva Litecoin Finance Wavicoin.
In the end, these are just some of the coins available to CPU mine. To keep up to date with new coins be sure to check out our guide on how we find new coins to mine.
Best CPU for Mining.
The AMD Threadripper 1950X is one of the most powerful CPUs on the market for CPU mining CryptoNight tokens. However, being the most powerful isn't the most cost-efficient way to ROI on CPU mining.
If you're looking to see a faster ROI from your CPU, then it best to stick with less expensive Intel chip processors to avoid overly investing in CPU mining as it isn't always profitable. For us, we tend to CPU mine with Intel Pentium G4400 or Intel Celeron G4900 and see no real problems.
One thing to note for GPU miners looking to dual GPU and CPU mine these altcoins is to check your GPU hash rates when CPU mining as some CPU mining clients can affect GPU hash rate.
Is CPU Mining Safe?
Ok so now you found your coins and its time to start mining, but you may be wondering if all this safe for your computer.
If you've tried downloading the mining client, you may have noticed your computer antivirus telling you the software is a virus or trojan.
This issue is common as most CPU miners register as trojan horse viruses and can give a false positive to your computer antivirus. Depending on the service you use you'll need to find the miner's download folder and add it to the exceptions list of your device antivirus software, and that should settle the issue.
Another word of caution about laptop mining is it can cause your computer to overheat if you're not careful. Safe ranges can vary for temperatures from 60 to 70 degrees, but other CPU may be capable of withstanding higher temps.
One way to avoid this is to monitor your CPU temperatures with CPUZ or HWMONITOR and see what your temps read while running the mining software.
If your computer seems to run warm make sure your mining device is clean and free of dust and check to see if your BIOS has settings to speed up the device's CPU fans speeds to further aid cooling. For GPU mining rig fan adjustments like this should be rather easy but for the smaller low-end device's you may need to look into third-party software like SpeedFan to adjust CPU fan speeds.
Is CPU Mining Profitable?
It wouldn't be fair if we didn't at least mention CPU mining profitability isn't all that significant for short-term profits. The biggest thing we want you to understand is that most of the coins worth mention for CPU mining are still in infancy and exchange listings at this stage are usually slim to none.
So why even bother CPU mining these coins?
For starters, this may be the only way you can obtain some of these coins early on for safekeeping as we are trying to mine them when the yields are much higher. The idea behind this is to accumulate tokens early on and hold until the coins you mined are worth more money.
However, we want you to understand that cryptocurrencies are considered to be speculative and volatile which makes it really hard to predict future prices of cryptocurrencies.
In the end, these are suggestions from what we have learned from our time in the crypto community, and we know there is much more we could cover about CPU mining. If you feel there is something we missed or a new CPU mining coin worth mentioning then please post a comment below.
Bitcoins offers you with many benefits which attract people to acquire them. But there is a question for everyone, how to get bitcoins? Here are some several ways to acquire bitcoins.
Mining Them.
Mining the bitcoins is a very easy process which you can do it from your desk. All you need to do is just to press the "go" button and your computer will do the rest of your work. The Only problem in mining bitcoin is, it isn't always profitable . It is very harder to see a benefit on these days since it was easier on early days when bitcoin was started. So, find out the way to choose a correct miner and whether you can make a profit from it.

[Bitcoin]

Make $8000 Per Day With BITCOIN Without Investment -- FREE Worldwide ONLINE MINING|10:11

[Bitcoin]

How To Mine Monero From CPU \u0026 GPU - Ultimate Guide Live 2017 -2018|49:17

[Bitcoin]

MAKE $700 BY MINING BITCOINS ON YOUR PC AND SMARTPHONE IN 2020!! (PROOF!)|8:36

[Bitcoin]

Buy Bitcoins at the ATMs.
In the world, there are more than 300 Bitcoin ATMs and it's not banking ATMs. These machines are specialized and installed in retailers, coffee shops, and other outlets.
Buy Bitcoins on Exchange.
A simple way to get bitcoins is by buying them. Commonly, most of the people will exchange bitcoins for dollars, pounds sterling, and any national currencies. There are some regulatory problems but still its works well. Governments are very nervous about bitcoin's potential for anonymity. Concerns about organized crime and terrorist financing have forced bitcoin exchanges to comply with KYC (know your client) and AML (anti-money laundering) regulations.
All these exchanges are translated into paperwork and potential cross-border hurdles . Some exchanges won't take some kinds of payment because they want to end fraudulent transactions.
Earn Bitcoins.
There are many ways to earn bitcoins instead of buying them. You can do something sufficiently great to permit a bitcoin tip.
If you have a Youtube account with a fair following or a blog that people appreciate or if you are a helpful individual in forums like Reddit, you can display your bitcoin address at the bottom of a website so people can send bitcoins to you directly. Changetip is a free system that allows you to send and receive bitcoin tips immediately without using a wallet.
There are some contract jobs which pays bitcoin to the workers and there is a listing forum on Reddit for bitcoin-paying gigs . Coinworker also provides a tiny fraction of bitcoins for small jobs.
Exchange Things for Bitcoins.
If you have some stuff in your home that you would like to get rid of, then there are some couple of sites where you can exchange it for a bitcoin payment.
When you have bitcoins on your hands, you have to manage it effectively and be sure to save them.
You may also like How to access the Deep Web?
Buy Bitcoins from Someone Directly.
An alternative way from an exchange is to buy bitcoins from some directly. Some sites like Local Bitcoins connect you with local people who wants to sell bitcoins for local currency.
Since they are giving on your convenience on quick and easy trade, they charge more than the exchange rate.
If you have any doubts on How to get Bitcoins, please comment below.
How Can One Start Mining Bitcoin Cash.
There are several things that go on in the minds of individuals curious to get into the Cryptocurrency mining but at the same time are way more concerned of not possessing the required technical skills, time or funds to invest in the field. In such case, Cloud mining discards these problems and lets one benefit from the joining forces with a large operation. The cloud mining is a tactics used in the realm of Cryptocurrency to generate the Cryptocurrency that does not require purchasing any expensive equipment or setting up the infrastructure required for it. All one has to do is find a provider that you can rely on and purchase a contract from them that is in essence renting hash power in a dedicated facility. The Bitcoin .com Pool is such a provider that focuses on Bitcoin Cash (BCH) and employs one of the largest mining data centers in north of America. The service also renders BTC cloud mining options and if one already possesses their own mining hardware then he or she can connect it to the pool as well.
Along with this, the Bitcoin .com Pool offers a selection of the contract lengths that starts from just one month and runs up to three years. The latter plan is currently not available but there is a waiting period after which the applicants can join. The service also includes an Android app and also an app for the iOS mobile devices in a bid to keep a track of the earnings, hash rates and other statistics related to one's contracts right on their phone. Bitcoin Cash Mining started in the year 2008 and is still one of the popular digital currencies in the Crypto market. The mining has two major benefit, one being the it provides security for the BTC network and the second is makes transaction much faster and efficient.
What Is Bitcoin ? | How Bitcoin is Used ?
February 22, 2018 by Admin.
Bitcoin | What Is Bitcoin? [BTC] ₿
What is Bitcoin? Bitcoin is the first decentralized digital cryptocurrency and a worldwide payment system, that works without any central bank or administrator. BTC as Bitcoin is so famous because it uses peer to peer technology, that is the transactions take place directly between the users without an intermediate network or person and recorded in a public distributed ledger called blockchain.
Bitcoin was created in 2009 by an unknown person or a team alias named Satoshi Nakamoto. People started using BTC to buy Xbox games, etc. because there are no fees for transactions. Most of the people buy bitcoins and sell them by trading it due to the hike in the rate of Bitcoins.
Bitcoin is made as a reward for a procedure known as mining. They can be traded for different monetary standards, items, and administrations. As of February 2015, more than 100,000 traders and merchants acknowledged bitcoin as installment. Research created by the University of Cambridge appraises that in 2017, there are 2.9 to 5.8 million one of a kind clients utilizing a digital money wallet, a large portion of them utilizing bitcoin.
Why Bitcoin.
Bitcoins can be utilized to purchase stock namelessly. What's more, global installments are simple and shoddy in light of the fact that bitcoins are not attached to any nation or subject to direction. Private companies may like them in light of the fact that there are no Visa expenses. A few people simply purchase bitcoins as an installment, hoping that they'll go up value.
Many marketplaces called "bitcoin exchanges" allow people to buy or sell bitcoins using different currencies. Coinbase is a leading exchange, along with Bitstamp and Bitfinex. But security can be a concern: bitcoins worth tens of millions of dollars were stolen from Bitfinex when it was hacked in 2016. People can send bitcoins to each other using mobile apps or their computers. It's similar to sending cash digitally.
Know Bitcoin mining? Mining is a record-keeping administration done using PC handling power. Miners keep the blockchain reliable, finish, and unalterable by over and again gathering recently communicate exchanges into a piece, which is then communicated to the system and checked by beneficiary hubs. Each piece contains an SHA-256 cryptographic hash of the past square, along these lines connecting it to the past piece and giving the blockchain its name.
How To Use Bitcoin.
Cryptocurrency BTC is more different than what you know and what you use every day in your life. In order to use BTC, you should be aware of some important techniques and etiquette to avoid critical instances. There are few things you must aware of bitcoin before using,
--> Know Yourself About Bitcoin.
Secure your cryptocurrency wallet Bitcoin price is volatile Payments or Transactions are irreversible Not anonymous Not secure when transactions are unconfirmed Taxes and regulations.
--> Bitcoin Wallet.
A bitcoin wallet is like our usual wallet with some constraints that are needed to focus, here listed the way you can proceed,
Add your address - add your public address to accept crypto coin Send bitcoins to users - no transaction fee or any confirmations Security - proof of solvency is used.
--> Get Bitcoin.
Start earning your bitcoin, there are many possible ways like,
You can buy bitcoins by giving your money in exchange method Start mining the bitcoin, there are many algorithms used to mine the crypto-coin but limited to 2.1 million coins can be mined as of today. Find people who sell bitcoin.
--> Spend Bitcoin.
Find products online Invest in local business.
Bitcoin In Deep Web Links.
All deep web links or deep web sites are majorly focusing on bitcoin for transaction purposes because it is hard to find who is sending bitcoin and tracking also difficult. Know more about bitcoin in deep web click here.
More information about bitcoin | How it is used or invest will discuss later on the site.
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Read our updated disclaimer.
Use Tor scam list before accessing any of the sites in deep web.
The Dark Web - The Bitcoin Slang Market.
Many people believe that search engines, especially Google, can index most of the pages available on the web for a given search query. Nonetheless, the truth is that there is a massive part of the internet that cannot be accessed by Google's crawling spiders. This part of the web is known as the "Dark Web" and it is a place where cryptocurrency, namely bitcoin, is the official currency.