A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
What is an ASIC Bitcoin Miner? Since it’s now impossible to profitably mine Bitcoin with your computer, you’ll need specialized hardware called ASICs. Here’s what an ASIC miner looks like up close: The Dragonmint 16T miner. Originally, Bitcoin’s creator intended for Bitcoin to be mined on CPUs (your laptop or desktop computer). The miners who indulge in ASIC mining are more developed and sophisticated when they are compared to the traditional miners that use the CPU, GPU, and other components. There are some rare Bitcoin ASIC mining chips and they, along with the common ones, can be used on their own when it comes to the subject of mining of the Bitcoin. An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware, ASICs were the next step of development after CPUs, GPUs and FPGAs.Capable of easily outperforming the aforementioned platforms for Bitcoin mining in both speed and efficiency, all Bitcoin ... Application-Specific Integrated Circuit. ASICs allow miners to use hardware made specifically for Bitcoin or other SHA-256 algo coins. An ASIC has benefits over CPU, GPU and FPGAs due to being designed for one specific task. They are able to mine Bitcoin at a higher hash rate (speed of processing transactions) than CPUs, GPUs and FPGAs. Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot. ASIC Bitcoin Mining Hardware. Application-specific integrated circuit chips (ASICs) are bitcoin mining hardware created solely to solve Bitcoin blocks. They have only minimal requirements for other normal computer applications.
Review of the MicroBT Whatsminer M20s Bitcoin BTC miner. This Bitcoin ASIC miner hashes 68 th/s on average poolside. Let's review the Whatsminer M20s, setup ... This is 1 out of 3 videos in series about our new 16nm Bitcoin Mining ASIC where we demonstrate the low power performance of the chip. Notice that there is no heat sink attached. In the next ... A Look at the BFL Jalapeno and Little Single ASIC Bitcoin Miners - Duration: 20:05. Photon939 29,168 views. 20:05. The Best Methods To Build Rapport - Duration: 23:44. Cryptocurrency mining is still profitable, however, profitability with mining varies BIG TIME depending on your mining hardware used! Subscribe to VoskCoin -... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL For cool merch and bitcoin mining equipment checkout - https://www.bitcoinmerch.com/ Visit our beloved...