Ethereum asic miner reddit

Dec 1, 2020 In 2020, you can use a GPU or ASIC mining hardware to mine Ethereum. Back when Ethereum was launched in 2015, the mining hash rate

$178.49 /day. Goldshell KD5. Mar 2021. 18 Th/s. 2250 W. 80 db.

30.01.2021 Ethereum asic miner reddit

It can perform a power-efficient hash rate of 500Mh/s at 950W. Even now when the PoW mining in Ethereum will be around for only an year, a China-based mining firm Linzhi Inc. has begun rolling out a new Ethereum ASIC miner, Phoenix. Jan 10, 2020 · Unlike Bitcoin mining, there’s no need to use expensive asic miners for Ethereum. 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. To solve a complex puzzle one would need powerful GPUs. The new version of Linzhi Phoenix has a maximum hashrate of 2600 MH/S on the Ethash algorithm and on the Ethereum currency for a power consumption of 3500W. What is Integrated Linzhi Miner Linzhi Miner integrated miner is a professional Eth mining device which supports Multi algorithms .

3 Feb 2021 There is a lot of talk going on around the new generation of Ethash ASIC miners for mining Ethereum (ETH) that are expected to be released for order in the following few months, although nothing is official or really 100% confirmed, but both devices are expected to have hashrate higher than 2000 […]

Whether you have an ASIC miner or a GPU rig, we recommend mining ETH and other currencies on our 2Miners pool. We offer stylish dashboard design, regular income and, over 7,000 online users. If you have several ASIC miners, you should try our SOLO mining mode. Here is a screenshot of the Ethereum pool.

Feb 19, 2021 Cryptocurrency mining is a boom and bust industry, built on tight margins. During the last bitcoin bubble, GPU supplies were again heavily

Ethereum uses a Proof-of-Work consensus, like Bitcoin, although it has some specificities of its own: hashing function is Ethash and a block is added every 15 seconds.

Mining Pools & Block Explorer Mar 28, 2019 · Ethereum co-founder Vitalik Buterin took to Reddit to discuss some of the biggest roadblocks ahead the network’s transition to Proof-of-Stake (PoS). 95% efficiency 2000W ATX 12V ETH Asic Bitcoin Miner Ethereum Mining Power Supply PC 8 Graphics Cards Get Special Price, Click here : https://s.click.aliexpr Initially, the unit will work only for mining Ethereum. We plan on finalizing the rest of the software within 2 months’ time to enable switching to other algorithms (x11, x13, x15, quark and other.) There are numerous Reddit posts in the Etherminer forum and Ethereum developer forums, which are all rife with propaganda and sales jobs. The core developers have published several whitepapers and analysis which is totally misleading, all painting 1559 in a very favorable light. I wrote a script to track ASIC miners using public information and eth.sparkpool.com API. Here are what I have found so far.

Let’s move on to the top 5 ASIC miners in 2020: #1 Bitmain Antminer S5 Ethereum price reached an all-time high the other day surpassing the previous record of $1,420. In the meantime, Bitcoin not only hit a new record, but doubled the previous one in the first half of January. This led to the growing popularity of ETH mining, and so higher demand resulted in higher supply. Innosilicon released its new flagship ASIC. Jun 16, 2020 17 votes, 34 comments. I was interested in purchasing an Innosilicon A10 Pro ETH miner (500mh).

Piper opened the EIP intending for it to be a starting point for both technical and non-technical discussion about ASIC resistant algorithm changes. Ethereum uses a Proof-of-Work consensus, like Bitcoin, although it has some specificities of its own: hashing function is Ethash and a block is added every 15 seconds. Ethers are generated as a miner’s reward for adding a block, however there’s no hard cap on their total emission. Ethereum's Proof-of-Work mining algorithm is designed to be ASIC-resistant. Basically this means that using an ASIC should not be beneficial enough to warrant the high cost of ASICs. Yes, an ASIC gives you a lot of hashing power, but it costs a lot. Sep 24, 2020 · One thing to keep in mind when mining Ethereum in 2020 is that Ethereum is looking to shift from proof-of-work to proof-of-stake in the next couple of years.

Here is a screenshot of the Ethereum pool. Most profitable miners currently on the market and soon to be released. $53,558.06 $132.56 $1,800.41 $216.64 $11.84 $231.00 $194.63 Follow @WhatToMine dark mode GPU Jun 25, 2019 · Bitmain, the China-based mining giant, recently introduced ASIC rigs for ethereum’s blockchain. But the news has hardly received a warm response from ethereum’s community.

ASICs are special hardware designed only for mining cryptocurrencies that are based on the Proof of Work protocol, such as Bitcoin, Bitcoin Cash , Ethereum , etc. There is a lot of talk going on around the new generation of Ethash ASIC miners for mining Ethereum (ETH) that are expected to be released for order in the following few months, although nothing is official or really 100% confirmed, but both devices are expected to have hashrate higher than 2000 MH/s. ASIC Miner -ethereum asic miner for sale BITMAIN ANTMINER S19 PRO 95Th/s 110Th/s Innosilicon G32-1800 Innosilicon G32-500 Innosilicon G32-Mini Obelisk SC1 Immersion Bitmain Antminer S17+ (73Th) StrongU STU-U6 1 day ago · Calculate how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin $55,678.99 $145.88 $1,742.53 $217.93 $11.58 $217.87 $203.90 Follow @WhatToMine dark mode GPU Feb 03, 2021 · There is a lot of talk going on around the new generation of Ethash ASIC miners for mining Ethereum (ETH) that are expected to be released for order in the following few months, although nothing is official or really 100% confirmed, but both devices are expected to have hashrate higher than 2000 MH/s. Another ASIC, Innosilicon A10 Pro ETH miner, followed the trend. It can perform a power-efficient hash rate of 500Mh/s at 950W. Even now when the PoW mining in Ethereum will be around for only an year, a China-based mining firm Linzhi Inc. has begun rolling out a new Ethereum ASIC miner, Phoenix.

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In this one, I’ll talk about the recently announced/released Linzhi Phoenix ETHASH ASIC miner and whether or not GPU miners should be concerned.Referenced f2

129 rows 60 rows It is confirmed that an ASIC miner able to mine the Ethash algorithm has been developed.. About 2 weeks an EIP was created by Piper Merriam called "EIP 958: Modify block mining to be ASIC resistant.Piper opened the EIP intending for it to be a starting point for both technical and non-technical discussion about ASIC resistant algorithm changes. ASIC Miner -ethereum asic miner for sale BITMAIN ANTMINER S19 PRO 95Th/s 110Th/s Innosilicon G32-1800 Innosilicon G32-500 Innosilicon G32-Mini Obelisk … The new version of Linzhi Phoenix has a maximum hashrate of 2600 MH/S on the Ethash algorithm and on the Ethereum currency for a power consumption of 3500W.

I was thinking of buying one but I have one question. When I enter the specs for an asic miner on a ethereum profitablity calculator ( ) it gives me …

Ethers are generated as a miner’s reward for adding a block, however there’s no hard cap on their total emission. From all the research I've done it seems ASIC miners like antminer, innosilicon, etc. are profitable, legit, and semi-reliable.

The image attached — released on Reddit — presented that BTC. What a Feb 9, 2021 Bitcoin and Ethereum own the lion's share, but there are many more coins spurred on by a Reddit board pushing for Dogecoin to become the We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. COMPANY.