Bitcoin mining.

[Bitcoin]

Bitcoin mining pool - [HOST] tutorial|5:52

[Bitcoin]

Prices of contracts you can buy on Genesis Mining.
● 2.5 TH/s (GOLD) You can start with this plan which will guarantee a lifetime Bitcoin mining contract and it will cost you around $ 151, This plan will give a clue of how cloud mining works and the profit attached to it.
●25 TH/s (PLATINUM) This plan will also offer you a lifetime Bitcoin mining contract and will cost you around $1,443.
●100 TH/s (DIAMOND) Lifetime Bitcoin mining contract which will cost you $5,500.
PROFITS INVOLVED IN GENESIS MINING.
Some great profits can be earned from Genesis mining that attracts the interest of people towards the mining company.
From the contracts above you can make profits out of them, If you purchased the: - XII CONTRACT a payout of 0.027mBTC per 1MH/s per day and a cost of 13.6mBTC per 1MH/s will be assured, but then You have to expect to break-even in 500 days - SHA-256 CONTRACT expect payouts of 0.37mBTC per 1TH/s per day and a cost of 0.25 BTC per 1TH/s But then you have to expect your break-even in 670 days, Also, seem this lifetime contracts or shares are profitable some charges are taken to maintain the service.
in conclusion, Genesis is very nice and among the best in cloud mining, you really have to take a thought then invest in this company.
# 4 Virtualminigfarm: 100 GHS FREE Trial for Cloud Mining Bitcoin [100% RECOMMENDED]
Virtualminingfarm is a Bitcoin mining website with more than two years in the market. You will start mining bitcoins from the moment of registration. When you register youÕll receive 100GHS for free and will start receiving rewards from the first day. You need to invest at least 20GHS to make a withdrawal. Reliable and recommended for diversifying your cloud Bitcoin mining websites portfolio. Whether you have experience or are starting to mine bitcoins, create an account on Virtualminingfarm and get 100 GHS FREE instantly, to mine bitcoins and receive rewards from the first day.
# 5 Eobot: is the easiest, cheapest, and best way to get or mine bitcoin [70% RECOMMENDED]
Eobot is a long-distance website for mining bitcoin and cryptocurrencies. You can start with very little or no investment. It is a very interesting alternative because it has daily cryptocurrency or mining power rewards, It's ideal if you're starting out and don't want to invest large amounts of money.
What coins can I mine with Eobot?
Eobot provides cloud mining rentals on the following algorithms:
● SHA-256 , which is used to mine Bitcoin ● Scrypt , which is used to mine Litecoin.
Analysis of Eobot:
Analysis has it that you can use their platform as an exchange to (BTC ETH LTC STEEM DOGE XRP DASH RDD BTS CURE XEM XMR ZEC FCT BCN REP LSK MAID USD GRC GOLD),
You can donate to awesome scientific & medical projects and get great rewards back in crypto-coins and by taking advantage of their Faucet service.
They also provided an app for smartphone users to serve those users well in their service.
FEES AND PRICING SCHEDULE:
Eobot cloud mining plans are priced based on the hash power of the equipment. The charge is $0.00021 GH/s daily for the 4GH/s Antminer S9 miner rig.
Also, a 34% maintenance fee for the fraction of the mining fee and should be added to the charge for calculation purposes. All fees are deducted every minute from the final payout the client receives.
Note that on their website, once a fee reaches 100% on a mining rig and on a cryptocurrency, they stop mining that coin.
User Experience:
Eobot has a very nice website platform easy to access and not that confusing to their user, they only offer English but you can translate using google translator, They work hard to support their users like the site is designed to carry out information...
interesting side projects Cloud SETI and medical researches immediate payouts Android and iOS apps.
high maintenance fees basic website no information about the owners Your account will be deactivated if you do not buy a contract after two months.
Conclusion on Eobot.
Despite the existence of Eobot the cloud mining business since almost the beginning, their service is more costly than the market average due to the high maintenance fees. Apart from that, the lack of information on the owners can be a barrier for upcoming clients.
# 6 BITCOIN POOL : this website has everything you need [70% RECOMMENDED]
This cloud mining company promises to offer 110% block rewards and 0% fees. As we all have the knowledge of the large bitcoin wallet that is being possessed by Bitcoin.com, which is one of the most popular wallets in the online market today. However, their website also delivers users with further information about the bitcoin world, which includes how to buy bitcoin or the latest news from the world of bitcoin. Furthermore Pool.Bitcoin's is a cloud mining pool. Your purchase on the pool at a fixed price, pay a daily fee and then enjoy a fixed hash rate for the year. Their "110% block reward" claim has brought some sensation in the market, seems users don't understand how the extra 10% was achieved, But then the company said it comes from bitcoin transaction fees, apparently the company is benefiting from the bitcoin network's relatively high transaction fees.
Pool.Bitcoin cloud mining pool was launched in May 2017.

[Bitcoin]

Is Bitcoin Mining Worth it in 2020? (How Much YOU can Make)|15:27

[Bitcoin]

WHO DO THEY PARTNER WITH?
Pool.Bitcoin had it that they partnered with North America's largest Bitcoin mining data center before the launching of the cloud mining pool in 2017. The location of the Data-center is not disclosed for some security reasons.
However, all hashrate for the pool appears to come from that data center.
They are a dedicated team which is responsible for all contract sales for Pool.Bitcoin Meanwhile, the cloud mining platform was created by Pool.Bitcoin developer Shaun Chong under guidance from the company's CTO, Emil Oldenburg, and Bitcoin.com's CEO, Roger Ver. They are operated by a Saint Kitts and Nevis-based company named Saint Bitts.
HOW DOES BITCOIN POOL MINING WORK?
Bitcoin.com works the same way other cloud mining services does, You fund your account get started, then benefit a certain amount of money from Pool.Bitcoin's cloud mining operations per day. You can purchase a wide range of cloud mining contracts from Pool.Bitcoin - including a lifetime cloud mining subscription plan, None of the mining will be done by you, You're paying Pool.Bitcoin to operate mining software on your behalf. However, if you have a miner - like an Antminer S9 or Avalon 721 - It will be easier for you, all you just have to do is connect it to the Bitcoin.com pool using their address displayed online, then after a day of mining all the shares earned that day will be visible on your account, letting you know that you're being paid without any mistakes.
BITCOIN Pool PRICING REVIEW:
Pool.Bitcoin has varieties of plans ranging from 12 months to a lifetime. The lifetime plans, however, works in a way that once your hash rate stops being profitable your mining will stop, You can customize the hash rate of all plans, starting at just 1 TH/s and ranging all the way up to 15,000 TH/s. 12 Month Plan (Starting at 2 TH/s) : $398 USD initial cost + $0.56 daily fee ($199 per TH/s)
Lifetime Plan (Starting at 2 TH/s) : $598 initial cost + $0.56 daily fee ($299 per TH/s)
The cost per TH/s is always fixed. Right now, all Bitcoin mining pool subscriptions charge between $200 and $300 per TH/s. Features of bitcoin cloud mining pool.
You don't need any special training to start mining, you can start mining at any time, Again, you're just paying Pool.Bitcoin to operate mining equipment on your behalf.
Bitcoin.com have a guarantee of %100 server uptime which means that their server will never go down.
They also have this feature of allowing you switch between which coin you want to mine but not like the Cryptouniverse, bitcoin is specific on the two coins owned by their company which is Bitcoin and Bitcoin cash, can choose which one to mine respectively.
Bitcoin.com from the reviews above you can decide how good it is for if you can register with them and also work with them, but from what I see they are really good.
# 7 HASHING24: one of the most trusted sites to mine bitcoin in the cloud [90% RECOMMENDED]
its goal of existence is to enable professionals and newbies of the same motives access to the same quality resources as the industrial miners to allow effective mining.
More details on Hashing 24:
Hashing24 made their locations available on their website to make users have some trust in them. The offices are located in Thailand, e, and Scotland. You can access to their world-class data centers, a network boasting more than 200 Ph/s stable hash power and also has a compensations for any unexpected downtime, As they don't have 100% guarantee on their server like bitcoin.com mining cloud pool, but still they will compensate you if mistakenly their server shuts down on you,
Immediately you access to your mined bitcoins (within 24 hours) they will be an automatic deposit of mined bitcoins to wallet without any delay, they really have a fast service that will interest you.
One good feature about Hashing 24 is that they actually sell you ONLY newly minted bitcoins. This shows proof that the company is really mining and not selling you bitcoins that have been in stock for a while. You can use block explorer to verify if the coin that is sent to is newly minted or not,
PRICING:
After registration you choose a plan (number of the host) for the mining equipment renting:
1 host - power 100Gh/s - maintenance $0.00033 per GH/s per day- price $16.18 By buying this plan, you will be provided on a daily basis the benefit of the ordered power, which will be sourced from equipment located in the data centers of their partners, BitFury company.
WHAT ARE THE FEATURES OF HASHING 24.
Hashing 24 has a good amazing feature that could put Hashing24 ahead of other cloud companies: If they let their users signal for certain features, kind of like Slush Pool does.
With the Bitcoin UASF likely to happen, many users want to buy hash power to support their side of the split. This would definitely be a very popular feature on Hashing24, so if this feature is added in time to come that will be more advantageous to them, Thus this feature should have been into the market but then no mining company has implemented it already, what will the reason be about? So many users will like and Cherish this feature, I hope hashing24 will implement this and then have a great exploration in the company with an outstanding feature.
In conclusion unlike other mining companies Hashing 24 has mining hardware, with that you can verify that they really stand out among those companies that will rather pay you payout pretending that they have machines.
# 8 MINERGATE: Stable Bitcoin Cloud Mining [70% RECOMMENDED]
This cryptocurrency cloud mining company was created by a group of crypto coin enthusiasts that used to mine on bitcoin and decided to expand.
It was released in the year 2014, since then it has been creating some great impact in the crypto marketing system.
ABOUT MINERGATE.
Compared to most cloud mining sites where investors can only mine on one type of cryptocurrency, Users have also enabled the ability to auto-mine coins with the highest exchange rate so that they can generate the most profit from their computing power.
Looking at the way their site was designed, if you decide to mine more than one cryptocurrency simultaneously, users shouldn't be a victim in the decrease of hashing power.
MinerGate has over 1.7million miners worldwide that embarrass the company making the service one the largest operating in the market of cloud mining.
WHO OPERATES MINERGATE?
Regardless of how popular MinerGate is they are no reputable information about who operates the system it remains anonymous the only thing left on the site is their mail ([email protected]). Furthermore, their site remains private according to Who.is it was registered privately so as they will be no details of who registered the site. So MinerGate really operates in a private mode like you can't determine where they are or where they located like some other cloud mining sites.
FEATURES OF MINERGATE PLATFORM:
They try as much as possible to provide miners with the number of unique features that can't be found on other cloud mining sites list.
Features like Smart Mining which helps investors know the cryptocurrency that will yield the highest profit on power ratio.
Users have the ability to determine whether this feature be enabled, or if they prefer to mine a cryptocurrency of their own choice.
Supported Cryptocurrencies, this is another feature that makes MinerGate more valuable by being able to check which cryptocurrency is more profitable to mine MinerGate supports a total of 14 cryptocurrencies.
HOW DOES MINERGATE OPERATE?
You will have to create an account at MinerGate.com. For newbies in mining cryptos, MinerGate provides its own wallet so users without any wallet address are enabled to start mining.
with their incorporation of two-factor authentication, you can lose your password and have nothing to worry about because your funds are still in the right possession,
So after creating the account, you will have to download the MinerGate software and install it to your device,

[Bitcoin]

Crypto Mining Setup First Month Profits! How much did I make?|6:30

[Bitcoin]

After installing the software you will then have to select Start Mining, then verify the number of cores you wish to use.
Telling from experience the fewer amount of cores you wish to enact, the slower hash rate you will generate, but the less stress your hardware will have to endure.
In conclusion, MinerGate is a big platform that carries out about thousands of transactions from different users daily, so it has no reason to terminate such reputation so MinerGate is not a Scam as people might refer them to be.
How Cloud Mining Works?
Step 1: Registration.
You need to create an account at the chosen cloud mining service and, after that, you can have access to your personal cabinet.
Step 2: Purchasing hashing power.
You buy a certain amount of hashing power either for cryptocurrency or U.S. dollars. The hashing power you bought starts to benefit you immediately.
Step 3: Storing.
Every day, the cryptocurrency which you have mined is charged on your account. You can reinvest it by buying additional hashing power or, simply, accumulate.
Step 4: Money Withdrawal.
When a certain sum of money is accumulated on your account, you can withdraw it to your personal crypto-wallet.
Step 5: Currency exchange.
You can change cryptocurrency for real money with the help of one of the stock exchanges.
What is required to make use of cloud mining?
As the service is been managed by mining companies, As a customer all you have to do is register with any of the sites that we have mentioned, Then purchase a mining contract or shares on the site.
what rate do I get in return?
No much profit compared to the other kind of mining-related to making use of heavy machines, they are generally some costs attached to this service and this can result in a lower return for the miner/you.
Focusing on the topic above some cloud mining sites will be listed above to let you know the ones you really have to work with to avoid being scammed.
Top 10 cryptocurrency mining companies.
As the invention of cryptocurrency has given rise to a number of domains, cryptocurrency mining industry is one of them. Mining cost a lot of electricity to the miners where the miners solve complex mathematical problems in order to add a particular block to the blockchain and hence receive the block reward in the form of cryptocurrency. As the number of miners increases, trying to crack the code, the difficulty of the complex algorithm increases.
A number of miners join together in order to create a mining pool. This collaboration acts as an advantage to the miners as the total number of miners doesn't increase with respect to the blockchain but a whole set of miners act as a single miner and hence the difficulty of the complex algorithms is not increased as the number of miners are increased in the mining pool . In other words, in a mining pool the set of miners share the work among themselves and also the block reward is shared among them.

[Bitcoin]

Below are some of the top 10 cryptocurrency mining companies :
Founded in the year 2014, it is regarding as one of the top Bitcoin mining companies around the world. It is well known for its transparency and best customer service. The integrity and reliability which the company provides to its users are just unmatchable. Spondoolies tech, an Israel based company which is specialized in manufacturing all kinds of cryptocurrency mining equipment works in collaboration with this cloud mining company by providing it with mining rigs. All of their mining equipment is being placed in the locations which have geographically suitable for mining. Surplus and cheap electricity and low temperatures in a location are best suited for mining. They provide a wide range of offers from 50GH/s to 15,000GH/s .
The Bitcoin and Ethereum cloud mining company are considered to be very simple and user-friendly. The new users, as well as the experts, can use this service easily in order to gain some profits. The company provides a very unique way of buying a hash power to the user without even really worrying about the hardware and software requirements required for the mining. The whole mining installation is done by a set of highly experienced experts in the cryptocurrency as well as financial sector and hence the company is highly reliable. Once the user registers for hash power in the company the withdrawal of the profits can be done periodically. The minimum payout is 0.002 for Bitcoin and 0.03 for Ethereum. In short, the Lithuania based company is the best place for investment.
it is one of the most legal cloud mining service providing company in Peru, with approvals as well as registrations from SUNAT and SUNARP. Along with registrations with the financial authorities of the country, the company even has RUC and a DUNS numbers. It is one of the first fully automated online systems which intends in providing a number of investment options to its users in order to increase the return on Investments. It even offers 10% referral bonus to its customers. They strictly make sure that their customers are satisfied with their service.
This particular cloud mining service is considered to be one of the safest around the world and is located in the industrial zone of Kutaisi, Georgia. A large spectrum of Bitcoin mining hash powers is available here with an aim of providing the cryptocurrency community, the accessibility to mine Bitcoins.
The Canada based cloud mining services provide cloud mining , Dedicated miner, and Colocation Miner services. It even offers a live customer support in French and English languages.
The mining company acquires its hash power from some of the large data centers spread throughout the world. This is intelligently done in order to reduce the cost of electricity that is required to mine cryptocurrencies .
The company aims at providing Bitcoin mining contracts to the new customers who are experiencing Bitcoin mining for the first time.
This company can be considered as a one-stop shop for all the professional cryptocurrency mining solutions. It even provides its services to the customers who are very new to the blockchain technology as well as the cryptocurrencies.
The company mainly deals with the manufacturing and development of the hardware equipment required for mining but recently opened up its own Bitcoin mining data center in Georgia.
Covering cryptocurrency mining along with equipment required for it, the company helps individuals and businesses to set up mining sale e-commerce.
The cryptocurrency revolution has undoubtedly proven to be very useful as well as better than the traditional fiat currencies we had. If we look at the traditional Fiat currencies, the amount of energy spent in order to create the currency is very negligible, in other words it is same as the amount of energy required to manufacture a piece of paper but in the cryptocurrency domain the huge amount of electricity is consumed for the creation of cryptocurrencies and hence they have some intrinsic value and are inflation proof.
Many countries across the world have embraced this technology and are taking advantage out of it by fastening the whole Financial tedious process which took a lot of time. Many governments are even focused on the research and development in the field of Blockchain Technology, in order to further explore its potentials to solve other problems.
Start Bitcoin mining Today.
It's super simple - Your mining rigs are already set up and running. As soon as you've set up your account, you can start to mine your first coins using our Bitcoin cloud mining service!
we are a Bitcoin mining company.
QuantDome is one of the leading hashpower providers in the world, offering Bitcoin mining capacities in every range - for newcomers, interested home miners, as well as large scale investors. Our mission is to make acquiring bitcoin easy and fast for everyone.
Easy to use Bitcoin mining.
Real-time mining monitoring.
Simple and easy to use, with clear and transparent statistics.
No need to buy equipment No maintenance fee No equipment downtime Mining starts immediately after payment.

[Bitcoin]

Weekly Profit with my 6 GPU MINING RIG!|12:29

[Bitcoin]

Advantages of Hashmart.
Hashmart in the media.
Hashmart is a simple and affordable cloud mining service, the main aim of which is to introduce the world of Bitcoin and other cryptocurrencies to a wider audience. In 2007 Steve Jobs changed the world, making modern technology more accessible to everyone. Today, the team at Hashmart want to open up the convenience and benefits of cryptocurrencies to a wider audience. Here's the difference: the first iPhone was worth $499, but the price for the minimum mining Bitcoin contract is just $25.8.
What kind of cryptocurrencies do you mine?
At the moment, our service supports only Bitcoin mining using the SHA-256 algorithm. In the future, we are planning to enhance the support of other cryptocurrencies. If you want to know about new opportunities and offers - join our social networks. All current information is updated there.
What commission does Hashmart charge?
Our service doesn't claim any additional fees for orders payment or crypto withdrawals.
How can I pay for mining power?
Our service currently supports payments in Bitcoin, by card and by bank transfer. Bank transfers should be made in EUR in favour of the Cyprus bank. If you pay by card, you will be able to choose the transaction currency: EUR, USD or RUB.
I have purchased some hashpower. When will I receive my first payout?
Payments will be made daily. The first payment will be credited to your account within 24 hours after you pay for the contract.
Hashmart makes cloud mining available to everyone.
Have you ever wondered why so many people switch from fiat money to decentralized cryptocurrencies? The reason for this transition is as clear as day - it's all about escaping the rat race that the banking systems want us to run in for the rest of our lives. Unlike them, the Blockchain technology provides those who are willing to write their own tickets with exponentially growing resources which are neither affected by inflation nor controlled by the government. And there is hardly anything more advantageous for making the most of these resources than cloud mining.
Inspired by the idea of opening up a decentralized world of opportunities to people from all over the globe, Hashmart introduces a vast range of Bitcoin cloud mining solutions. We offer a surefire way to leverage your assets while benefiting from the record-shattering market capitalization of BTC. Do you want to avoid dancing to someone else's tune? Hashmart allows you to reap substantial profits in cryptocurrencies by mining coins remotely!
The right Bitcoin mining contract is the only thing missing to get started.
In layman's terms, BTC cloud mining is a process of making Bitcoin as a reward without the hassles of hardware upkeep, high electricity bills, and related issues. On the whole, it comes down to using the capabilities of remote data centers that Hashmart will provide you with. All you need to start mining is to select a suitable plan, known as a contract.
We offer several mining contracts that vary in hash power, maintenance fees, and some other details. Our most popular options are a 12-month Bitcoin plan and an open-ended one, providing 300 Gh/s and 250 Gh/s in capacity respectively. Remember, the higher the hash rate is, the more mining opportunities you can take advantage of. So, be sure to consider your options thoroughly when choosing a contract.
Why Hashmart is the best cloud mining platform.
Above all, Hashmart is a cloud capacity provider that gives skilled miners as well as those who are new to mining direct access to the pool of its technological resources. Secondly, we take care of everything from hardware provision to maintenance and, thus, make things less burdensome for you with no extra fees involved. Thirdly, we are capable of ensuring the best cloud mining experience owing to:
substantial hash power capacity of 150.5 Ph/s; zero downtime risk, so you won't miss out on any opportunity; advanced ASIC chips which allow you to mine coins in the most efficient manner; enormous network of data centers located in Siberia.
As of now, our platform provides only a Bitcoin mining option, but we set our sights on adding Ethereum and other contracts in the nearest future. With all our technological benefits and commission-free withdrawals, you will mine coins and yield profits without any limits down the road. Plus, you will be able to monitor statistics, financial transactions, and even forecasts for your earnings in the dashboard.
Choose your plan, specify the required hash power, and start mining with Hashmart today!
Bitcoin mining systems.

[Bitcoin]

How Much Money I Made Mining Bitcoin SO FAR!!!!!!!|15:09

[Bitcoin]

Explain Bitcoin mining in Some Easy Steps.
Bitcoin mining is the backbone of the bitcoin network, and it confirms your transactions and provides security. Your network will be attacked without the bitcoin miners. This is the reason why Bitcoin mining is crucial.
Bitcoin mining is costly because huge dollars, electricity, and hard work are required to complete the process.
Bitcoin mining is costly because huge dollars, electricity, and hard work are required to complete the process. With crypto tokens, miners are rewarded for their work, and cryptocurrency users are advised to use Bitcoin mining during the transactions to keep it safe and secure.
Bitcoin mining is done by the advanced computer, not by a normal computer. On the other hand, by solving computational problems, Miners are paid in the form of new bitcoins for their service. Mining is the best way to earn money without investing.
To set up a mining rig, you need a graphics processing unit (GPU). It is the process of adding transaction records to the Blockchain (known as bitcoin's public ledger). The mining process is very vital because it confirms your transactions, and also anyone can use it.
Every ten minutes, a miner is rewarded for his work with bitcoins. Bitcoin mining is a must to complete your transactions. If you are willing to invest in cryptocurrencies such as bitcoins, you must know these whole mining processes.
Bitcoin mining requires specialized computers, expenses, and huge electricity. But some orthodox economists have criticized mining as useless because it requires time, effort, and human resources too.
The media constantly says that Bitcoin mining is ultimately a waste of time, money, and electricity. Bitcoin eliminates the need for any credit cards, banks, etc. for the transactions. Moreover, it makes your transactions fast, secure, and convenient.
To complete transactions safely, you need Bitcoin mining to enable a monetary network worth millions of dollars. Therefore, bitcoin is not a waste of electricity. It is useful, and bitcoin miners are rewarded with newly created bitcoins.
How Much do Bitcoin mining Farms Make?
How much Bitcoin mining farms make depends on several factors such as the level of difficulty when the bitcoin is mined, the cost of bitcoin when the worker sells it, the scale of its production, the age of the mining hardware, and the price it pays for the electricity.
Mining farms are situated all over the world. Some research has said that 65% of Bitcoin mining occurs in China. However, in the year 2020, it is estimated that mining farms used about 75 terawatt-hours of electricity.
Nearly all the bitcoin farms are using the same hardware. The electricity cost varies but finding a block is fixed. On the other hand, you can increase or decrease the size of your mining operation.
What are the Bitcoin mining Pools?
A pool allows miners to search blocks more frequently by joining with other miners in a group. Actually, mining pools allow small miners to receive more regular mining payouts.
Bitcoin miners are paid for their hard work with bitcoins. Moreover, keep in mind that the more powerful your hardware is, the more electricity it is going to require.
On the other hand, Bitcoin mining pools are a group of cooperating miners who decide to share their block rewards equivalent to the distributed mining power.
Mining hardware requires huge electricity, so it is only located where electricity is cheap and affordable. Bitcoin mining hardware the highly advanced computers that are used to mine bitcoins.
At present, Bitcoin minings are performed on ASICs with access to low electricity. This is the concept of Bitcoin mining hardware that you must know.
How to Mine Bitcoins?
Everyone can't do Bitcoin mining because it is a really very expensive process. To mine bitcoins, you require huge electricity, human resources, price, time, effort, advanced computers, etc.
Bitcoin minings are done in large warehouses where the cost of electricity is less. If you want to start Bitcoin mining, you first need to get the bitcoin wallet, find a bitcoin exchange, get Bitcoin mining hardware, and then select a mining pool. To know more, you can also refer to bitcoin cycle.
The final thoughts.
Therefore, these are some of the significant steps of Bitcoin mining that you must know if you are willing to spend in bitcoins.
Bitcoin Hashrate Now : 144.84 EH/s Nov 21, 2020 08:47 AM UTC - 144,840,228,640,711,800,000 H/s.
The current Bitcoin hashrate is 144.84 EH/s, representing the global Bitcoin network hashrate with a mining difficulty of 17.60 T at block height 657,958.
The current Bitcoin hashrate (BTC hashrate) is 144.84 EH/s at block height 657,958 with a difficulty of 17,596,801,059,571.43.
Bitcoin Global Hashrate 144.84 EH/s.
Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade.
Bitcoin mining pools representing over 54% of the network's current hashrate have signaled support for the scaling and privacy protocol upgrade Taproot, merged into Bitcoin Core last month.
Bitmain's Antpool backed the protocol upgrade Thursday morning in a message sent to Poolin, the pool told CoinDesk, joining five other pools in Poolin's Taproot Activation initiative and pushing the percentage of hashrate in support of the upgrade over 50%. Antpool plans to publicly express its support in a forthcoming block's coinbase.
Poolin's vice president, Alejandro De La Torre, told CoinDesk he is "beyond happy" that most major mining pools have responded affirmatively to their "consensus-built effort" to support Taproot.
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Notably, Binance Pool is the only top-five pool to not yet support Taproot.
Taproot aims to improve transaction privacy and enhance Bitcoin's smart contract functionality. As an added bonus, it's also designed to keep Bitcoin's blocks small, with block space as accessible as possible.
"The only uncertainty with Taproot is when and how it will be activated," said Daniel Frumkin, engineer and technical writer at Slush Pool, in a direct message with CoinDesk.
"In the end it should be a straightforward process with minimal drama," he added, noting that Taproot is "not controversial." Frumkin contrasted this proposed upgrade with the heated industry-wide disagreements caused by the 2017 SegWit2X proposal, which many miners also supported.
Seeing any miners opposing the Taproot upgrade would be a shock to Frumkin. "I'd expect the rest of the major pools to signal support in the following weeks," he said.

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Is Bitcoin Mining Profitable In The Uk?? - Cryptocurrency For Beginners|4:05

[Bitcoin]

Bitcoin mining Rigs Struggle for Profits, Despite BTC's Hashrate Reaching an All-Time High.
Bitcoin's hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates.
The price of bitcoin (BTC) is hovering just above the $11K region and during the last few days, the network's hashrate has touched a new ATH. At the time of writing, BTC's hashrate is fluctuating between 130 to 140 exahash per second (EH/s), and on Wednesday evening (ET) the metric surpassed 166 EH/s.
Interestingly, the rise has continued despite the fact that BTC's network difficulty has also reached an ATH at 19.69T. This means it is harder than ever before to find a block mining the BTC network, but this hasn't phased the overall hashrate. The next BTC difficulty change is scheduled to happen in just a hair over two days' time.
On Thursday, October 15, 2020, there are 18 known mining pools hashing away at the chain and a single unknown mining entity in the group as well. The top five pools mining on Thursday afternoon includes Btc.com (23.9 EH/s), F2pool (20.6 EH/s), Poolin (18.7 EH/s), Antpool (15.9 EH/s), and Huobi (11.3 EH/s).
While looking at the real-time mining hardware aggregator at asicvalue.com, with the filter set to $0.06 per kilowatt-hour (kWh) and SHA256 miners only, the web portal shows only 13 rigs are profiting today by over $2 per day.
Statistics from asicvalue.com show 13 mining rigs profit at over $2 per day and 33 mining rigs profit below the $2 range if the mining operators are paying $0.06 per kWh.
There are 30 SHA256 mining rigs that are profiting at $0.11 to $1.89 per day at $0.06 per kWh. If the electrical costs are doubled at $0.12 per kWh then only two machines out of the 43 mining rigs profiting at $0.06 per kWh will profit.
At $0.12 per kWh, asicvalue.com indicates that only two mining rigs are profiting at today's exchange rates on October 15, 2020.
The two top machines include Bitmain's Antminer S19 Pro (110 TH/s) and the Microbt Whatsminer M30S++ (112 TH/s). The Whatsminer M30S+ follows, alongside the Antminer S19, Whatsminer M30S, Antminer T19, and the AvalonMiner 1166 Pro respectively.
A number of other cryptocurrency algorithms are showing higher profits than the SHA256 consensus algorithm. At the time of publication, the algorithms Equihash, Ethash, Tensority, and Eaglestrong show larger profits for miners mining these types of coins. Currently, miners who mine SHA256 coins (BTC, BCH, BSV) need around $0.06 per kWh to gather some decent profits above $2 per day.
Further, it would be better for BTC miners if the price was $1,100 higher than it is today so miners can recoup from the May block reward halving. In February, the blockchain analytics provider Tradeblock estimated a post-halving mining cost of around $12,500 per BTC.
Currently, the average coinbase reward value during the last 24-hours is around $71,390 per block with around $6,189 (0.54 BTC) in transaction fees. With BTC's hashrate rising to new levels, the expected difficulty adjustment on October 17th will be increased a touch more than today.
What do you think about BTC's hashrate touching all-time highs and the current mining rig profitability? Let us know what you think in the comments section below.
Comparison of mining pools.
Reward types & explanation:
CPPSRB - Capped Pay Per Share with Recent Backpay. [1] DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [2] ESMPPS - Equalized Shared Maximum Pay Per Share. Like SMPPS, but equalizes payments fairly among all those who are owed. [3] POT - Pay On Target. A high variance PPS variant that pays on the difficulty of work returned to pool rather than the difficulty of work served by pool [4] PPLNS - Pay Per Last N Shares. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries. PPLNSG - Pay Per Last N Groups (or shifts). Similar to PPLNS, but shares are grouped into "shifts" which are paid as a whole. PPS - Pay Per Share. Each submitted share is worth certain amount of BTC. Since finding a block requires shares on average , a PPS method with 0% fee would be 6.25 BTC divided by . It is risky for pool operators, hence the fee is highest. Prop. - Proportional. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found. RSMPPS - Recent Shared Maximum Pay Per Share. Like SMPPS, but system aims to prioritize the most recent miners first. [5] Score - Score based system: a proportional reward, but weighed by time submitted. Each submitted share is worth more in the function of time t since start of current round. For each share score is updated by: score += exp(t/C). This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores (and not to shares). (at slush's pool C=300 seconds, and every hour scores are normalized) SMPPS - Shared Maximum Pay Per Share. Like Pay Per Share, but never pays more than the pool earns. [6] FPPS - Full Pay Per Share. Similar to PPS，but not only divide regular block reward (6.25 BTC for now) but also some of the transaction fees. Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees.
A statistically valid analysis of some pools and their payout methods: Bitcoin network and pool analysis.
Name Location Size [1] Merged Mining [2] Reward Type Transaction fees PPS Fee Other Fee GBT Launched Variance Forum Website AntPool China Large No PPLNS & PPS kept by pool 2.5% 0% Yes No ? ? link link BCMonster.com Small No PPLNS shared 0.5% Yes No 2016-01-13 Dynamic link link BitcoinAffiliateNetwork ? NMC, DOGE ? kept by pool ? ? Yes 2014-07-15 User/Dynamic link link BitMinter Small NMC PPLNSG shared 1% Yes No 2011-06-26 User [3] /Dynamic link link BTC.com Medium NMC FPPS shared 0% 4% Yes No 2016-09-13 User link link BTCC Pool China, Japan Large NMC PPS kept by pool 2.0% 0% Yes Yes 2014-10-21 Dynamic ? link BTCDig Small No DGM kept by pool 0% Yes 2013-07-04 User [3] /Dynamic 20SPM link link btcmp.com Small No PPS kept by pool 4% Yes 2011-06-28 Diff 1 link btcZPool.com Large BitCoinZ PPLNS shared 1% 0% Yes 2017-06-25 VarDiff link BW Mining China Medium ? PPLNS & PPS ? ? ? Yes ? ? ? link Eligius Small NMC CPPSRB shared 0% Yes Yes 2011-04-27 Dynamic: 32 shares/m link link EMCD Pool CIS, EU, KZ, IR, China Medium DOGE FPPS+ shared 1% 0% Yes No 2018-01-26 Dynamic link F2Pool Large LTC, NMC, SYS, EMC PPS+ shared 2.5% 0% Yes No 2013-05-05 Dynamic link link GHash.IO Small NMC, IXC, Devcoin PPLNS shared 0% Yes No 2013-07-01 User [3] link link Give Me COINS Small NMC PPLNS shared 0% Yes Yes 2013-08-12 Dynamic link link Golden Nonce Pool Small No DGM kept by pool 0% Yes 2018-03-27 Dynamic link link Jonny Bravo's Mining Emporium Small No PPLNS shared 0.5% Yes No 2015-11-19 Dynamic link link KanoPool Medium No PPLNSG shared 0.9% Yes No 2014-09-20 User [3] /Dynamic 18SPM link link kmdPool.org Large Komodo PPLNS shared 1% 0% Yes 2017-11-25 VarDiff link Merge Mining Pool Small NMC, IXC, Devcoin DGM shared 1.5% Yes No 2012-01-08 User [3] link link MergeMining Global Small CRW, DVC, HUC, I0C, IXC, XMY/MYR, NMC, SYS, UNO, TRC, ARG, EMC PPLNS shared 1% Yes No 2016-12-01 User [3] link Multipool Small NMC Score shared 1.5% Yes No 2012-03-15 User link link P2Pool Global (p2p) Small Merged mining can be done on a "solo mining" basis [4] PPLNS shared 0% Yes No 2011-06-17 User [3] link Poolin Global Large NMC DOGE VCASH FPPS shared 2.5% 0% Yes Yes 2017-10-01 Dynamic link link Slush Pool Global Medium NMC Score shared 2% Yes No 2010-11-27 User [3] link link ZenPool.org Large ZenCash PPLNS shared 1% 0% Yes 2017-10-25 VarDiff link Luxor Medium BTC, DASH, ZEC, ZEN, DCR, SC, XMR, LBC, ARRR & KMD FPPS & PPS shared 2% 0% Yes 2018-01-01 VarDiff link.

[Bitcoin]

🍓 Best Bitcoin Mining Software -- How i Make $18,250 Per Day With Bitcoin -- Without Investment|18:31

[Bitcoin]

SPV Mining / Old Bitcoin Core.
The following pools are known or strongly suspected to be mining on top of blocks before fully validating them with Bitcoin Core 0.9.5 or later. Miners doing this have already lost over $50,000 USD during the 4 July 2015 fork and have created a situation where small numbers of confirmations are much less useful than they normally are.
BTC Nuggets F2Pool[5] AntPool [5]
The following pools are believed to be currently fully validating blocks with Bitcoin Core 0.9.5 or later (0.10.2 or later recommended due to DoS vulnerabilities):
Bitcoin mining in comparison - Which BTC-Miner is currently the best?
The Halving 2020 stands in front of the door and so the topic of Bitcoin mining is again on everyone's lips. Therefore, we want to introduce you to in this article, the current Bitcoin Miner from Bitmain, what miner and StrongU. In our Bitcoin Miner comparison, we will show you not only the cost, power consumption and Hashrate, but when you get to the Hardware Break-Even Point.A choice of two Bitcoin Miner from Bitmain, three Bitcoin Miner of what mine and a DASH Miner of StrongU are. Who makes the race?
In a few days, the large Bitcoin Halving 2020 instead, and appropriately, the finds have positioned the various manufacturers for crypto Miner with even more Hashleistung per device. But the Miner from Bitmain and co. can keep up to what their manufacturers promise? For this, we have turned to the Bitcoin mining experts of MeaTec, and the devices under the microscope.You want to operate Bitcoin mining, but do not have a place and also the electricity is too expensive? Then take a look at the Bitcoin mining Hardware All Inclusive Hosting package MeaTec to. The boys and girls of the mines for years and have found a way to make real Mining Hardware is accessible for everyone and profitable. Get started today and let your first BTC Miner work for you! Now the Miner start!
More Hashleistung, less power consumption.
The Miner, the latest Generation have one thing in common: you have to Pay high Terrahash and a lower power consumption than their predecessors.The new Bitmain Antminer S19 / S19 Pro and the MicroBT what miner M30S, M31S and M31S+ all previous ASIC Bitcoin Miner in the shadows. But they also offer an early Break-Even Point or you should think about a Dash Miner as the StrongU STU-U6?
Bitcoin Miner - Figures, Data, Facts.
Profits are calculated on the comparability on the basis of MeaTec Service offer: current price of 0.058$ per kW/h, the Bitcoin price 6850$, Dash 73$.
Bitcoin mining with a Miner from Bitmain is currently undefeated.
On the basis of the data in this table, a clear winner can be elect. The new Bitmain Antminer S19 and S19 Pro bring in the best result. Your efficiency of the MicroBT what miner fails to lengths. Depending on the provider, however, these are also more expensive. Here you should consider carefully whether you can afford such an expensive Miner, or want to. Despite (or perhaps because) of this high cost, you should not forget that the Bitcoin Halving is coming up (may 2020). In this case, the Mining Reward of 12.5 cut in half to 6.25 BTC. The Bitcoin price until then, and then stagnate, then the Break-Even Point of the different Bitcoin Miner is extended.
How Do Seasonal Fluctuations Really Affect Bitcoin mining?
There has been much ado made recently over supposed seasonal mining fluctuations on the Bitcoin network.
The narrative goes that, as the rainy season in China comes to a halt around the August to October timeframe each year, cheap and abundant hydroelectricity dries up. This forces many inefficient late-model miners to shut off or move elsewhere to find more affordable, accessible energy -- creating migratory or nomadic miners, if you will.
The narrative also claims that the network sees a significant drop in hash rate and difficulty at yearly intervals roughly matching this seasonal decline in Chinese hydroelectric generation. This certainly appears to be the case now, in fall 2020, as many speculate the recent loss of about 48 exahashes per second (Eh/s) (30 percent of the network's total hash rate) is due to just this phenomenon. But does the data support this for other years?
And what about the recent Bitcoin difficulty adjustment at block height 655,200, one of the largest drops in Bitcoin's history? Clark Moody's dashboard shows the block difficulty experienced a 16 percent drop based on the aforementioned loss of network hash rate.
Bitcoin Block Production Rate, Difficulty Adjustment And Hash Rate.
The Bitcoin protocol is finely tuned and optimized for certain predictable outcomes. The way the network arrives at these desired results is through a series of carefully designed system rules and guidelines that were crafted into the free and open-source software upon its creation.
The Bitcoin timechain is a series of blocks that verify, group and order transactions based on a preset series of rules. One such rule is the fact that blocks are added to the chain at a programmatic rate of approximately once every 10 minutes, six blocks per hour and about 144 per day.
Block difficulty is generally proportional to the amount of computational work miners need to generate to produce a block. The Bitcoin Genesis block had a difficulty of 1. Yesterday, the block difficulty was 19,997,335,994,446. And, at the time of this writing, the block difficulty is 16,787,779,609,932. This means that today, it is about 16.7 trillion times harder to discover a block compared to the first block. Block difficulty is a unitless Bitcoin network metric.