Bitcoin Mining - ASIC Miners and GPU Miners What to Choose?
Bitcoin Mining - ASIC Miners and GPU Miners What to Choose?
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General info and list of exchanges for Electrominer
Electrominer is a self-powered Mining Platform where users rent hashing capacity to mine various coins on various algorithms. Electrominer was created to address the challenges of mining PoW based cryptocurrencies. We have our own datacenters equipped with ASIC and GPU miners to mine profitably and effectively, our own solar power station to efficiently power our equipment, and Electrominer platform's mining capacity will be available for anybody to rent and utilize for mining through the web portal. Electrominer Tokens (ELM) have a fixed supply and represent a share of total mining capacity available for rent on the Electrominer platform to use for mining Bitcoin and other PoW based coins. Electrominer's total mining capacity will grow proportionally with the expansion of our mining facilities. Electrominer Tokens allow you to access the Electrominer Cloud Mining Platform to mine a variety of coins. ELM will never become obsolete, outdated, or broken. ELM can be used for mining coins and sharing in Electrominer's ever-increasing mining capacity, and it can be sold at any time. Electrominer is open to anyone who shares and is willing to contribute to our vision for revolutionizing the mining industry in order to make cryptomining accessible to everybody, while simultaneously working to reduce the harmful environmental impact created by typical cryptomining services. About Electrominer The advent of blockchain technology has introduced a variety of unique digital assets, creating countless opportunities for mankind. Today, funds can be securely stored, transactions can be bconducted in a much cheaper and faster way, and cryptocurrency can be mined by anybody - all taking bnplace on a decentralized network. A significant number of digital currency users have discovered and joined the crypto world through undertaking the mining process. Now, crypto mining has become an area of interest for entrepreneurs and investors rather than individuals. Rising electricity rates, limited home space, and lack of engineering skills can make the mining process more problematic and less profitable for enthusiasts. Another challenge crypto mining faces is to remain environmentally friendly, as most mining facilities are powered by fossil fuel power plants. EXCHANGE LIST Binance Huobi Kucoin Bibox Qryptos Satoexchange BIGone Bitrue Bilaxy Bit-Z Linkcoin SECURE WALLET Ledgerwallet Trezor
I would like to warmly welcome everyone to waltonchain This is an updated, extended community-written post and I will try to update it regularly over time.
Please respect our rules (see sidebar) and feel free to comment, contribute and ask questions. Don’t forget to subscribe to the subreddit for any news on Waltonchain!
What is Waltonchain?
The Waltonchain Foundation is building a cross-industry, cross-data sharing platform by integrating Blockchain with the Internet of Things through self-developed RFID Chips with intellectual property rights. The in-house developed Waltonchain RFID chips integrate a proprietary, genuine random number generator and an asymmetric encryption logic and hardware signature circuit, all of which are patent-protected. The combination of self-developed RFID chips and the Waltonchain blockchain will ultimately achieve the interconnection of all things and create a genuine, believable, traceable businessmodel with totally shared data and transparent information. Waltonchain will unfold a new era of the Value Internet of Things (VIoT).
The Waltonchain team has formulated a 4-phase development plan, starting from infrastructure platform establishment to gradually incorporating retail, logistics and product manufacturing, and to finally achieving the full coverage of the business ecosystem.
As for the phase 1.0 of the project, the team has developed the clothing system integration scheme based on RFID. The application scenarios at phase 1.0 will establish Golden demonstration template At phase 2.0, our RFID beacon chip will be massproduced and can be used in clothing, B2C retail and logistics. At phase 3.0, manufacturers will achieve traceable customization of intelligent packaging. At the project phase 4.0, with the upgrading and iteration of assets information collection hardware and improvement of blockchain data structure, all assets can be registered in Waltonchain in the future.
Do Sanghyuk (都相爀) – Initiator in Korea Korean, Vice Chairman of the China - Korea Cultural Exchange Development Committee, Director of the Korea Standard Products Association, Chairman of Seongnam Branch of the Korea Small and Medium Enterprises Committee, Chairman of Korea NC Technology Co., Ltd., Senior Reporter of IT TODAY News, Senior Reporter of NEWS PAPER Economic Department, Director of ET NEWS.
Xu Fangcheng (许芳呈) – Initiator in China Chinese, majored in Business Management, former Director for Supply Chain Management of Septwolves Group Ltd., has rich practical experience in supply chain management and purchasing process management. Currently, he is the Director of Shenzhen Silicon, the Director of Xiamen Silicon and the Board Chairman of Quanzhou Silicon. He is also one of our Angel investors.
Kim Suk ki (金锡基) Korean, South Koreas electronics industry leader, Doctor of Engineering (graduated from the University of Minnesota), Professor of Korea University, previously worked at Bell Labs and Honeywell USA, served as vice president of Samsung Electronics, senior expert in integrated circuit design field, IEEE Senior Member, Vice President of the Korea Institute of Electrical Engineers, Chairman of the Korea Semiconductor Industry Association. Has published more than 250 academic papers with more than 60 patents.
Zhu Yanping (朱延平) Taiwanese, China, Doctor of Engineering (graduated from National Cheng Kung University), Chairman of the Taiwan Cloud Services Association, Director of Information Management Department of National Chung Hsing University. Has won the Youth Invention Award by Taiwan Ministry of Education and Taiwan Top Ten Information Talent Award. Has deeply studied blockchain applications over the years and led a block chain technology team to develop systems for health big data and agricultural traceability projects.
Mo Bing (莫冰) Chinese, Doctor of Engineering (graduated from Harbin Institute of Technology), Research Professor of Korea University, Distinguished Fellow of Sun Yat - sen University, Internet of Things expert, integrated circuit expert, Senior Member of Chinese Society of Micro-Nano Technology, IEEE Member. Has published more than 20 papers and applied for 18 invention patents. Began his research of BitCoin in 2013, one of the earliest users of btc 38.com and Korea korbit. Served as Technical Director of Korea University to cooperate with Samsung Group to complete the project Multi sensor data interaction and fusion based on peer to peer network. Committed to the integration of block chain technology and Internet of Things to create a real commercialized public chain.
Wei Songjie (魏松杰) Chinese, Doctor of Engineering (graduated from the University of Delaware), Associate Professor of Nanjing University of Science and Technology, Core Member and Master Supervisor of Network Space Security Engineering Research Institute, Block Chain Technology expert in the field of computer network protocol and application, network and information security. Has published more than 20 papers and applied for 7 invention patents. Previously worked at Google, Qualcomm, Bloomberg and many other high-tech companies in the United States, served as R D engineer and technical expert; has a wealth of experience in computer system design, product development and project management.
Shan Liang (单良) Graduated from KOREATECH (Korea University of Technology and Education) Mechanical Engineering Department, Venture Capital PhD, GM of Waltonchain Technology Co., Ltd. (Korea), Director of Korea Sungkyun Technology Co., Ltd., Chinese Market Manager of the heating component manufacturer NHTECH, a subsidiary of Samsung SDI, economic group leader of the Friendship Association of Chinese Doctoral Students in Korea, one of the earliest users of Korbit, senior digital money player.
Chen Zhangrong (陈樟荣) Chinese, graduated in Business Management, received a BBA degree in Armstrong University in the United States, President of TIANYU INTERNATIONAL GROUP LIMITED, leader of Chinese clothing accessories industry, Chinas well-known business mentor, guest of the CCTV2 Win in China show in 2008. Researcher in the field of thinking training for Practical Business Intelligence e-commerce and MONEYYOU course, expert on success for Profit Model course. Began to contact Bitcoin in 2013 with a strong interest and in-depth study of digital money and decentralized management thinking. Has a wealth of practical experience in the business management, market research, channel construction, business cooperation and business model.
Lin Herui (林和瑞) Chinese, Dean of Xiamen Zhongchuan Internet of Things Industry Research Institute, Chairman of Xiamen Citylink Technology Co., Ltd., Chairman of Xiamen IOT. He successively served as Nokia RD Manager and Product Manager, Microsoft Hardware Department Supply Chain Director. In 2014, started to set up a number of IoT enterprises and laid out the industrial chain of the Internet of Things. The products and services developed under his guidance are very popular. Assisted the government in carrying out industrial and policy research and participated in planning of multiple government projects of smart cities, IoT towns and project reviews.
Ma Xingyi (马兴毅) Chinese, China Scholarship Council (CSC) special student, Doctor of Engineering of Korea University, Research Professor of Fusion Chemical Systems Institute of Korea University, Korea Sungkyun Technology Co., Ltd. CEO, Member of Korea Industry Association, Associate Member of the Royal Society of Chemistry, has published his research results in the worlds top journal Nature Communications and participated in the preparation of a series of teaching materials for Internet of Things engineering titled Introduction to the Internet of Things. His current research direction covers cross-disciplines that combine blockchain technology with intelligent medical technology.
Zhao Haiming (赵海明) Chinese, Doctor of Chemical Conductive Polymer of Sungkyunkwan University, core member of Korea BK21th conductive polymer project, researcher of Korea Gyeonggi Institute of Sensor, researcher of Korea ECO NCTech Co., Ltd., Vice President of the Chinese Chamber of Commerce, Director of Korea Sungkyun Technology Co., Ltd. He has been engaged in transfer of semiconductor, sensor and other technologies in South Korea. He is an early participant of the digital currency market.
Liu Cai (刘才) Chinese, Master of Engineering, has 12 years of experience in design and verification of VLSI and a wealth of practical project experience in RFID chip design process, SOC chip architecture, digital-analog hybrid circuit design, including algorithm design, RTL design, simulation verification, FPGA prototype verification, DC synthesis, backend PR, package testing, etc. Has led a team to complete the development of a variety of navigation and positioning baseband chips and communication baseband chips, finished a series of AES, DES and other encryption module designs, won the first prize of GNSS and LBS Association of China for scientific and technological progress. Finally, he is an expert in the consensus mechanism principle of blockchain and the related asymmetric encryption algorithm.
Yang Feng (杨锋) Chinese, Master of Engineering, worked at ZTE. Artificial intelligence expert, integrated circuit expert. Has 12 years of experience in VLSI research and development, architecture design and verification and 5 years of research experience in artificial intelligence and the genetic algorithm. Has won the Shenzhen Science and Technology Innovation Award. Has done an in-depth research on the principle and realization of the RFID technology, the underlying infrastructure of blockchain, smart contracts and the consensus mechanism algorithm.
Guo Jianping (郭建平) Chinese, Doctor of Engineering (graduated from the Chinese University of Hong Kong), Associate Professor of the Hundred Talents Program of Sun Yat-sen University, academic advisor of masters degree students, IEEE senior member, integrated circuit expert. Has published more than 40 international journal conference papers in the field of IC design and applied for 16 patents in China.
Huang Ruimin (黄锐敏) Chinese, Doctor of Engineering (graduated from the University of Freiburg, Germany), academic advisor of masters degree students, lecturer of the Department of Electronics of Huaqiao University, integrated circuit expert. Mainly explores digital signal processing circuit and system implementation and works on digital signal processing technology long-term research and development.
Guo Rongxin (郭荣新) Chinese, Master of Engineering, Deputy Director of the Communication Technology Research Center of Huaqiao University. Has more than 10 years of experience in design and development of hardware and software for embedded systems, works on the long-term research and development of RFID and blockchain technology in the field of Internet of Things.
Dai Minhua (戴闽华) Chinese, graduated in Business Management, received a BBA degree from Armstrong University, senior financial expert, served as Vice President and CFO of Tanyu International Group Co., Ltd. Has 13 years of financial work experience, has a wealth of experience in developing and implementing enterprise strategy and business plans, as well as achieving business management objectives and development goals.
Liu Dongxin (刘东欣) Chinese, received an MBA from China Europe International Business School, Visiting Scholar of Kellogg School of Management at Northwestern University, strategic management consulting expert, investment and financing expert. His current research interest lies in the impact of the blockchain technology on the financial sector.
Song Guoping (宋国平) Qiu Jun (邱俊) Yan Xiaoqian (严小铅) Lin Jingwei (林敬伟) He Honglian (何红连)
Ko Sang Tae (高尚台) Liu Xiaowei (刘晓为) Su Yan (苏岩) Zhang Yan (张岩) Ma Pingping (马萍萍) Peng Xiande (彭先德) Fu Ke (傅克) Xiao Guangjian (肖光坚) Li Xiong (李雄)
Ethash Still Accessible to Home-Based Mining Rigs. In 2020, the Ethash algorithm is still amenable to home-based mining, and it is possible to build a rig and compete for block rewards.. An Ethereum mining rig is best built using GPU. Currently, there are specialized rigs with about 200 million hashes per second. GPU Mining. Another way to join the mining business is to get a GPU-based mining machine. As you can probably guess, just like with the gaming, the best GPU options here are Nvidia and AMD Radeon cards. So what can you mine with GPU? A lot of currencies that can be mined with CPU can also be mined with GPU. More precisely, you will earn more if ... Bitcoin and the entire cryptocurrency ecosystem has gained immense popularity over the last decade. This fast-rising invention is arguably the most interesting innovation of our time, that’s why you’re probably here looking for the easiest crypto to mine and we’re here to help you!. Global awareness and adoption of cryptocurrencies are majorly on the rise because it is a reliable way to ... Coins that can be mined via GPU mining include examples such as Bitcoin Gold, Horizen, or Zclassic. 1. Bitcoin Gold (BTG) Bitcoin Gold is a version of Bitcoin that aims to bring the mining back to individual PCs instead of using large mining farms. To eliminate ASICs, Bitcoin Gold abandoned the regular Bitcoin's crypto algorithm — SHA-256 ... Bitcoin (BTC), Bitcoin Cash (BCH) & Bitcoin SV (BCH) (November 2018 - December 2019) 2.1 Efficient resource allocation theory. According to Binance Research, the mining allocation problem can be referred to as a problem of efficient resource allocation, from the perspective of participants in the Bitcoin mining industry: SHA-256 (ASIC) miners. Bitcoin Mining; Best Bitcoin Brokers; Best Bitcoin Forex Brokers ; How To Earn Btcoin; What is Facebook Libra? Ripple and XRP: The Complete Guide; Trade Boasting a community of over eight million people, eToro is one of the leading global trading and investment platform – and it specialises in cryptocurrencies. Although there are more than 1,200 assets to trade on eToro, which was founded in ... GPU mining is the mining which is done via GPUs i.e. graphic cards in your computers. Here graphic cards are used to solve these complex mathematical problems. Graphic cards can also be used for general purposes like gaming, video editing or more such purposes. ASIC Miner vs GPU Miner – Which is More Profitable Initial cost and Profit ... GPU mining for Ethereum is more efficient than mining with Bitcoin with an ASIC machine. You can think of it as though the miners are a decentralized Paypal. Allowing all the transactions to be recorded accurately and making a bit of money for running the system. Bitcoin miners earn bitcoin by collecting something called the block reward plus the fees bitcoin users pay the miners for safely ... Today, in order to be profitable with Bitcoin mining you need to invest heavily in equipment, cooling, and storage. It’s not possible to mine Bitcoin profitably with a PC or a GPU at home. You can calculate your profitability using a Bitcoin mining calculator. Here’s what you’ll need to do to get started with Bitcoin mining: 2. How to Start Mining Instantly. If you’re not looking to mine Bitcoin specifically you can use a program like HoneyMiner that mines the coin that is most profitable for you to mine based on your computer’s specification.. While you may be mining some obscure coin, you’ll still be getting paid in Bitcoin, so this could be a good way to start mining instantly.
Bitcoin Mining - Cloud & Home - Risks & Opportunities
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