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Should I buy a ASIC miner Reddit

Generally Its a good idea to buy the very first batch of a new asic or to get one used for really cheap that is still profitable. If I were you I would look more into baikal miners because they are relatively low cost and still offer great profits Well it all depends on power prices and stuff overall ASICs have no resale value and usually built so they dont last to long and need upgrading but it's up to you eth 2.0 is still 1 to 3 years away. Depending where you live https://www.parallelminer.com/?wpam_id=197 has a few ASICs as well as tons of gpuming stuff. 2

Thinking of buying ASIC miner soon

Don't buy an asic. If you really want to mine, get 1 or 2 nvidia titan v gpus on ebay. Outside of the nvidia 3090 they are the most powerful gpu, and because they're a few years old you can find a deal on em at around 800-1200 per card. Asics are not flexible. You can only mine the 1 algorithm they are designed for. Gpus can mine multiple algorithms Do yourself a favor and just buy $4K of coin. Even if you lost it all, it'd be a better experience that running a rig for 5 years to make virtually nothing. The more likely option is that your $4K becomes $8K pretty soon, and a lone ASIC miner is virtually guaranteed to make you significantly less than $4K in the entire time you have it online Plus, ASIC miners usually don't come with power supply units. So you will need to buy one separately, which will set you back at least $100-$150. Availability - Another huge issue with ASIC miners is their availability. Usually, ASIC miners ship in batches, and the order window open 3-4 months earlier than that

Is buying a Ethereum ASIC miner worth it? - reddi

Cryptocurrency mining is a high risk investment, we are not responsible for any financial loss, invest at your own risk Don't try to buy a miner based on only price or only hash rate. The best ASIC miner is the most efficient bitcoin miner. Aim for value Bobcatminer and their Bobcat 300 is easily the most visually appealing, but is it the Helium hotspot miner you should buy? The answer is yes , if you can deal with their clunky online checkout Is it good to buy an ASIC Miner in Nov. 2020 for ETH and ETC mining ? The first thing you'll need is a mining calculator to see if mining in your region can even yield any sort of profit. (You'll need to check for ETH and ETC - each one is different.) A quick look at the ASIC specs looks like it should be able to turn a profit

ASIC miners are more developed and cost-effective when compared to traditional miners that use GPU, CPU, and other components. Bitcoin mining is effective when there is a benefit and there's high productivity at a low cost. The ASIC miners are generally designed to be co-worked with the mining rigs. The advantage of ASIC mining is that they are efficient and can outperform a stack of GPUs any day Let us help you find the best ASIC miner. In our big and diverse coin mining shop, you will find anything from Grin, Monero, Zcash and SiaCoin miners to Dash, Ethereum, Decred and Bitcoin mining hardware. There is something for everyone. We know that each miner has his own needs in terms of GPU quality and power Is Asic Miner profitable? One unique feature of ASIC is that it cannot be edited again. In this respect, ASIC is different from other general integrated circuits, such as CPU and GPU. As a highly specialized tool, ASIC performs tasks more efficiently than general-purpose equipment. Whether it is profitable to buy ASICs will depend on the characteristics of ASIC large caches per dollar It's one of the best GPU mining coins - you don't have to buy ASIC because it uses SCRYPT protocol. High speed and moderate transaction fees. The top-10 world cryptocurrency with a $2.3 bln market cap, Litecoin will never be a wrong decision. Algorithm: Proof-of-Work Hashing Function: Scrypt ROI since launch: 743.42% Curr. Price: $36.27 US While it's possible to buy a used L3++ for about half the price, you should be wary of doing so. Used ASIC miners have a high tendency to fail, and sellers are not always willing to replace the defective unit. The L3++ Litecoin Mining Rig. Image credit: Amazon. Another option is to go with something more modern like the FutureBit Apollo LTC Pod

ASIC or GPU; Which One Is The Best Option For Mining In 2021? Answer to this question is it totally depends on your purpose to do mining. If you're a technology geek who wants to know and experience mining, then GPUs are the best choice because they have flexible usages, you can use GPU for mining plus other purposes If you buy the ASIC device for ETH mining, it will be $9 - $10. For GPU mining rigs the cost of 1 Mh/s is about the same, but it takes a lot of effort to build a rig. Read How to Build an Ethereum Mining Rig 2018 to learn more

Configuring Your Mining Machine. Once you purchase your ASIC or GPU miner and choose whether you want to direct the hash power toward a pool or an exchange, your last step is to configure your miner WANT FREE STOCK FAST? CLICK LINK And CLICK SIGN UP NOW! 💲💲💲 http://join.robinhood.com/jareds7ALL VIDEOS ARE ONLY REPRESENTATIVE OF MY OPINION. ONLY INVE.. While we have highlighted the entry level ASIC miner, the WhatsMiner M32- 62T, there are other products in the stack for an additional cost up to the WhatsMiner M32-68T, that has computational. Purchase New & Used ASIC Miners For Sale For Sale — ASIC Miners Get Your Free Quote(s) Today Here, at Miners For Sale, we provide a vast array of both purchasers, as well as retailers, of ASIC Mining Equipment. We provide sellers who can get pre-qualified new miners, as well as used mining hardware, which

Innosilicon A10pro 6G 720MH Asic Miner Most Profitable ETH Mining Machine Ethereum in Stock Much Profitable Than Antminer S19pro 110th/s Include Bitmain APW7 PSU. $29,000.00 $ 29,000. 00. FREE Shipping. In stock on July 31, 2021. More Buying Choices $24,700.00 (7 used & new offers) New Aladdin L2 30TH Asic Miner, Aladdin L2 BTC Bitcoin Miner. Start Mining Mining with CPU/GPU ASIC Mining NiceHash OS Profitability Calculator Mining Hardware Stratum Generator Miner Stats Private Endpoint Hash Power Buying Live Marketplace Pricing Compatible Pool

Another option was ASIC miner. The most affordable models are Innosilicon A9 ZMaster and Antminer Z9 mini by Bitmain. BTG has updated the mining algorithm to Equihash 144,5 at block 536200 at the 3rd of July to prevent the ASIC-mining. Equihash 144.5 is the ASIC resistant algorithm so Bitcoin Gold is mined only with GPU's at the moment What should be considered before you venture into purchasing a miner is the 'network difficulty' for the cryptocurrency you wish to mine. The difficulty determines how much hashing power you'll need to mine blocks, which has given rise to ASIC bitcoin mining computers and mining pools, as bitcoin is simply unprofitable to mine alone as the graph from blockchain.com shows As a second income, cryptocoin mining is not a reliable way to make substantial money for most people. The profit from mining cryptocoins only becomes significant when someone is willing to invest $3,000 to $5,000 in up-front hardware costs, at which time you could potentially earn $50 per day or more This leaves you with ASIC and GPU to choose from. Buying Mining Hardware. Let's get things straight — you won't be able to buy ASIC devices in any of you local electronic shops,.

I've got €50K to invest. Should I invest in ASIC miners? How long until ASIC mining becomes unprofitable? What other crypto's can I mine with ASIC miners? Or should I invest in mining Ethereum? But then, when PoS drops, can I still mine other crypto's? Submitted June 25, 2017 at 07:09PM by CallingForPeace via reddit For example the upcoming Ethash ASIC miner from Bitmain Ant Miner E9 Ethereum Miner is said to be offering 3 GH/s mining hashrate with just 2556 watts of power. This single miner is equivalent to 32 RTX 3080 graphics cards in terms of performance. Here are few other ASIC miners that are available in the market today ASIC miners are without a doubt the apex predator when it comes to mining technology. Some developers have publicly stated that the mining chips should be outright banned, while others want to limit their capabilities. Last week, the security chief at the Ethereum Foundation, Martin Holst Swende, shared his support for ASIC miners removal GPU Mining. Aside from using ASIC and CPU, you can use graphic cards (GPU).Yes, if you have a gaming computer with a good dedicated graphics card you can use it to mine Bitcoin. This year, Radeon and Nvidia release cards that can mine Bitcoins at comparable rates. A Nvidia GTX 1070 may cost you from $699 to $850.If you use this for gaming for 4 hours, you can allot it to mining for the.

Buying a used ASIC miner? : CryptoCurrency - reddi

Mining Rig Megapost - Buttcoin - The P2P crypto-currency

In this guide, we will show you how to build your first mining rig and what are some general recommendations to follow when building the rig for the first time.. If you have no experience with mining, we strongly recommend that you start mining on your PC before you build your first rig to get some basic grip of what mining looks like.You can try mining with NiceHash in just a few seconds. ASIC mining is a highly preferred mining-hardware today and it solves very complex algorithms, whereas GPU and CPU solve graphics algorithms and processor-based algorithms, respectively. These days, miners are moving quickly to GPU, because when GPU was discovered, it was said that it could offer more hash power compared to CPUs, its cost is lower and it is less electricity-consuming as.

Product description: Bitmain Antminer hash board repair bundle super affordable package. Sell all kinds of mining machine repair tools on zeusbtc.com. We pack and sell the new multifunctional test fixture, Antminer hash board code editor, Fluke 15B multimeter, tin tool and 862D combined desoldering station, quality assurance, and more favorable.One-stop sales can solve any of your after-sales. The Alienware Aurora R11 Gaming Desktop is an excellent choice for a gaming desktop PC, and it's also one of the best mining PCs money can buy, thanks to the powerful components inside, including. Transitioning From Mining To Ethereum 2.0 Staking. Once the Ethereum mining aspect comes to a halt, there is a chance to sell the hardware, buy more Ethereum with it, and switch to staking. Any miner currently stockpiling their ETH earnings is potentially already doing so. It takes 32 ETh to begin staking and operate as a validator node To get started mining Bitcoin seriously you'll need to invest in some very shiny, expensive and loud hardware. You should also be certain to consider the power and cooling implications of these ASIC miners before purchasing: Whatsminer M32S (~62 TH/s) Antminer S19J (~90 TH/s) Avalon 1246 (~85 TH/s) Monero (XMR

I want to buy my first ASIC miner

Any cloud mining operation would not only allow an ASIC manufacturer to disclose a large ASIC purchase, but they'd also want them to do so to prove they are serious. So far, no cloud mining operation we are aware of has has an ASIC manufacturer acknowledge they are selling hardware to a cloud mining company The cost to acquire the mining is yet another variable, Miners should focus on. Pre-manufactured mining rigs can have ranged from US$500 to $2000 depends on performance & if the device is new or used. In order to get more of your investment in Bitcoin, you have to mine it, so that you can cover up the price of machines and get profits Best ASIC Bitcoin Miners To Buy. The best place to buy Bitcoin ASIC miners is direct from the manufacturers most commonly headquartered in China which has been a leader in the industry of manufacturing Bitcoin Miners ever since ASIC minings existence. Top 3 Bitcoin ASIC Miner Manufacturers 2019 Really, it's a GPU mining rig that can mine various cryptocurrencies, but I'm mining Ethereum while it's still profitable. I've never built a mining rig or computer before. To get this one. Bitmain rumored to be working on Ethereum ASIC miner, teased at 200-250MH/s for $2500-$3000

Best Cryptocurrency ASIC Miners For 2021 - Coin Sugges

GPU mining is the most popular method used in mining Altcoins. Are you a gamer or a designer working with 3D models then most probably you have a GPU on your PC. Using your GPU you can basically mine any coins. But to be on the profit side you should find and only mine coins that offers ASIC resistance Live income estimation of all known ASIC miners, updated every minute. Profits calculated over 200+ coins and 25+ algorithms. Model Release Hashrate Power Noise Algo Profitability /day; Bitmain Antminer E9 (3Gh) Coming soon. 3 Gh/s. 2556 W. 75 db. EtHash. $174.71 /day. Innosilicon A11 Pro ETH (2000Mh) Jul 2021. 2 Gh/s. 2500 W. 75 db. EtHash.

7 Reasons Bitcoin Mining is Profitable and Worth It (2021

  1. er, since GPU
  2. ers are dumping their ASIC
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  4. e Cardano on your computer, you should consider investing in the ASIC

Before getting involved in mining, one should thoroughly do their research before buying any hardware such as an SHA-256 or Scrypt ASIC. Considering the current state of the market, the potential of making a profit out of mining is very low, and it could be a long time before you start producing a return on investment Vertcoin Reddit is always busy discussing ideas for making Vertcoin better and fighting ASIC mining. Vertcoin Reddit is confidant that they are going to crush ASIC mining once gain by VertHash update. Vertcoin Reddit comes with some rules. Anyone is free to join Vertcoin Reddit, but you may not post any low-quality content This is a very recommended Asic This is a very recommended Asic provider, i have a very good experience, first of all the service that they give is Excellent, they were always aware of my order and ANDY's attention is top quality, I highly recommend them, if you want to buy an ASIC Crypto Miner Bros is the option Ethereum miners use the processing power of their graphical processing units (GPUs) to solve the cryptographic puzzles instead of the much more expensive ASIC miners that are used for Bitcoin mining. This also means that mining rigs aren't interchangeable between Bitcoin and Ethereum, although there is a variety of cryptocurrencies that can be mined with GPUs

Crypto Mining on a Budget: Best Used Mining Rigs - Bitcoin

Tardis ASIC Bitcoin miner uses 6300W of power to mine your favorite Cryptocurrency. Besides it also weighs around 37000g which is a lot less than the industry average. In comparison, Bitmain S17 BTC mining hardware only weighs 9500g Buying the latest Bitcoin mining equipment is important because it's the most efficient. ASIC miners are constantly under development and old equipment quickly becomes inefficient. For example, it's possible to buy an old AntMiner V9 on Amazon for just $100 Should I buy an ASIC miner? - /biz/ - Business & Finance is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin

7 Best ASIC Miners 2021: Tried and Tested With Reviews

  1. e gold? Well, to
  2. ing pools for Decred
  3. er: MultiMiner- Great for

ARK Invest. Vision Hill. One of the most noticeable developments in ASIC mining technology since 2013 has Should bitcoin mining hardware become commoditized where efficiency. Scrypt ASIC Miners also use CGminers and Easyminers. Dogecoin Mining Profitability. The profitability of Dogecoin mining has increased significantly compared to a few years ago, as DOGE price went up. However, if you wish to mine it, it is wiser to stick to a pool, especially if you are just starting Description. Model A10 Pro+ ETH (750Mh) from Innosilicon mining EtHash algorithm with a maximum hashrate of 750Mh/s for a power consumption of 1350W 97. 103. Jul 17, 2017. #2. i have been mining with Btc asic for years, and what i found is that about 50% are dying after about 3 years. btw 3 years is likely about the time that you need to upgrade. i guess Dash asic miner should have similiar quality

Vendors ASIC Miner Valu

0. bitcoin mining hardware ASIC: Bitcoin mining is crucial as the miners will perform validation of bitcoin transactions and create new coins. Unlike traditional currencies, where there is no limit in printing currencies, in bitcoins, a total of 21 million bitcoins can only be mined. So, the bitcoin world does not know the meaning of inflation ASIC mining has the obvious benefit of more raw hashing power. That said, these ASIC rigs are quite an upfront investment, with prices running in excess of $2,000 and up to $5,000+ in some cases. You'll also have much higher running costs with an ASIC rig as it uses a lot of electricity 1 Feb. 2021. FutureBit Apollo BTC is an upcoming SHA256 ASIC miner designed for home users that is capable of not only mining, but also running a Full Bitcoin node. The device comes in the form of a compact and silent desktop class computer machine and is intended for home use and not for use in large crypto mining farms

5 Best Bitcoin Mining Hardware ASIC Machines (2021 Rigs

A good mining rig should hold a steady temperature within the 60-70°C range. Follow the steps listed down below for efficiently cooling your miners. If you are just a hobbyist miner, you don't have to be critical of cooling techniques. Most hobbyists use some GPU mining rigs instead of ASIC ones Only one chain is appearing in Miner Status on Antminer S9. I just hooked up my miner after returning from training. when i first hooked it up all 3 chains were visible but then i moved the miner to a more permanent location and hooked it back up. now only one chain is appearing. i thought it might have been an issue with the 110 outlets, so i. Directory of companies producing ASIC mining hardware. Directory of companies producing ASIC mining hardware. ASIC Miner Value Cryptocurrency mining is a high risk investment, we are not responsible for any financial loss, invest at your own risk!. 1. Views. 574. May 19, 2019. AURELIE GRACI. D. Bitmain Antminer Z11 135K Sol/s Zcash ZEC Asic Miner Include APW7 PSU. Daniel Robinson. Apr 5, 2019 This means those huge crypto mining farms could buy as many of Bitmain's new Antminer E9 Ethereum ASIC miners as possible, and have some truly crazy hash rate power at their fingertips

What is the BEST Helium Hotspot Miner to Buy? by

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I should also mention that two other (faster, lower energy) ASIC Dash miners are on the market, but they have priced themselves in such a way that it is uneconomical to use them compared to the D3+. Pinidea offers no warranty and the Inno will not produce better returns than an equivalent investment in D3+s over the near term (~6 mo) ASIC Miners, Best sellers, Best Sellers Miners, Ethereum, Innosilicon, Mining Rig, Most Efficients ASICs, Most profitable Mining Rigs, Products, Second Hand Innosilicon A10 PRO 750MH/S 7G - ETH Miner - SECOND HAND. 0 out of 5 (0) SKU: A10-PRO-7G $ 23,330.00. Select options ASIC-resistant means the founders of VertCoin want it to be more fairly distributed by allowing anyone to mine it and not have the mining controlled by centralized ASIC mining firms and pools. The cryptocurrency was created in January 2014 and is based on the Bitcoin code Buy ASIC miners and a power supply for your mining rig. An ASIC miner is an application-specific integrated circuit (ASIC) designed specifically to mine Bitcoin. Essentially, it's a computer chip that needs a power supply to run it. ASIC miners vary in price depending on their hashing power and their efficiency The new mining facility has a lot of power flowing through it, enough to power 180,000 homes in the US. Construction began in August 2019 with costs sitting at around $23 million. As for the power.

mining - Does ASIC miner works in ETH and ETC - Ethereum

BlokForge is a U.S. based online ASIC mining hardware and related services warehouse offering competitive prices for all types of cryptocurrency mining hardware. We specialize in ASIC, GPU, Coin, Hash and related accessories. Our sales staff are trained and experienced to help you get the equipment you're looking for as fast as possible Description. The Whatsminer M21S from MicroBT mines the SHA256 algorithm. Its maximum hashrate is 56Th/s and it has a power consumption of 3360W. You are buying a used miner and this is what you can expect: Tested hardware, this miner works 100%. New Power Supply, with warranty. Clean and polished from the Pro's. Clean Interface, no reset needed The Baikal mini 150MH/s Dash Miner is provided by MineShop. It's a multi-algorithm ASIC miner, meaning it can mine multiple algorithms: X11 / X13 / X14 / X15 / Quark / Qubit. However, Dash is the most profitable currency to be mined and this ASIC can reach 150MH/s

ASIC Miner - Top 5 Best ASIC Miners in 202

This Bitcoin fork is one of the few coins that you can still mine with a GPU. In fact, the Ravencoin developers have specifically designed the blockchain to be resistant to the threat that is posed by ASIC mining rigs and miner centralization. However, is it really worth considering? In this complete Ravencoin review, I will attempt to answer that We're not going to claim this is an exhaustive list, however here are some pros and cons of mining with ASIC hardware. Note that we're comparing (a) mining Dogecoin (or another Scrypt coin) directly using a Scrypt ASIC miner with (b) using a graphics card to mine using X11 or other CPU/GPU algorithm (ala Simplemulti). Pro While it's true that Dash mining doesn't glue you to your seat, it does have some costs attached outside of time investment. First of all, you will need to buy an ASIC for mining. The machine doesn't run on hopes and dreams. It requires electricity to function. It takes 930W to run the Antminer D3, and it's one of the less power-hungry ASICs ASIC Mining Rig Power Tree. As an example, a 2.35kW ASIC mining rig has ninety 20A, 1.2V ASICs distributed on three motherboards. The power source derived from a 12V silver box and one of three motherboards is shown in Figure 2. Figure 2. The power tree of one of three motherboards contained in the mining rig

Mining software: Your ASIC will probably come integrated with mining software. However, if you are using a CPU or a GPU, you should get mining software like CGMiner. Since CPUs and GPUs are unlikely to make you a lot of money, they are unsuitable. To increase your earnings, use more than one ASIC miner in your rig. Assembling your Mining Ri How to mine Firo (FIRO) - Zcoin (MTP) mining guide for NVIDIA / AMD. Firo (Zcoin) uses MTP (Merkle Tree Proof) algorithm which can be mined using both CPUs and GPUs. But GPUs are more efficient and particularly NVIDIA cards are more profitable at mining FIRO. From time to time it even beats Ethereum in mining profitability Considering buying or mining Litecoin LTC? Here's 5 reasons why you SHOULD NOT buy or mine Litecoin LTC in 2019/2020!Subscribe to the VoskCoin YT channel - h.. Some miners—particularly Ethereum miners—buy individual graphics cards (GPUs) as a low-cost way to cobble together mining operations. The photo below is a makeshift, homemade mining machine CPUs. You could mine Ethereum on Windows 10 using the CPU option of hardware, but this usually isn't advised.. The simplest and most basic reason for why that's the case is that CPU mining will most often drive you into bankruptcy.The Ethereum that CPUs would generate would seem non-existent when compared to the electricity and cooling prices that would be required

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