10 ASIC Bitcoin GUI Mining Software For Microsoft Windows ...

The All-in-One, Cheap, Energy-efficient Package to Store and Mint Peercoin

Dedicated OS for low-grade and energy efficient HW like RaspberryPi or Beaglebone Black to run Peercoin minter so that decentralization is guaranteed
[link]

China controls Bitcoin through ASIC manufacturing and Mining Pools. Why doesn't anyone care? If anyone really did, then we'd have a legitimate competitor to BTC.

Wait a second we do :)
VeriCoin and Verium Reserve are two coins from the same project. VeriCoin is Proof of Stake and Verium Reserve is an ASIC and GPU resistant POW coin. Both coins will have their blockchains interwoven to bring the strengths of each consensus mechanism without the downsides of either in what they are dubbing the Binary Chain. VeriCoin and Verium Reserve will gain adoption because the binary chain means they're profitable for the average user to mine or stake. The genius of combining two different crypto assets (Proof of Work for Verium Reserve and Proof of Stake for Vericoin) on the same blockchain means you get the best of both worlds: an ultra fast, low fee currency that earns passive income (VRC) but it is as secure as other POW coins because of the aux POW mining from VRM which is POW, but ASIC and GPU resistant, as well as offering pooled mining straight from the wallet so no need to rely on centralized mining pools as is the case with Bitcoin.
With Bitcoin participation in the consensus mechanism requires an asic miner which is expensive, not easy to operate, centralized by the few companies that manufacture Asic miners, and even further centralized by the few mining pools. Conversely, with VeriCoin all you need is an open wallet to participate in the consensus and earn coins, and with Verium Reserve any CPU can mine.
VeriCoin and Verium Reserve was designed to have an ultra low barrier to entry for participation in the network and passive income. This project is definitely worth a look if you're looking for low cap, moonshot gems.
VeriCoin Market Cap 9/12/2019: $1,704,000
Verium Reserve Market Cap 9/12/2019: $288,000

When the bull market commences, I'll see you all on the moon!
submitted by c0ltieb0y to CryptoCurrency [link] [comments]

Bitmain- the ASIC manufacturer now controls 42% of the bitcoin total hashrate

So, if we count the antpool and BTC.com, this is a Chinese ASIC manufacturer controlling 42% of the hashrate. As the Chinese are known for their moral practices, would it be too much to think some of the ASICS they sold have killswitches or alternatively can be taken over?
We have forked Monero once to counter this thing, do you think we should do it again soon?
submitted by Dvd280 to Monero [link] [comments]

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721 submitted by Rufflenator to 3bitcoins [link] [comments]

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721 submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Someone high up in Bitcoin actually gets it. How long until Bitcoin Core recognizes this problem? Does Jihan control 80% of the "Bitcoin Mining Tokens" in the form of ASICs?

Someone high up in Bitcoin actually gets it. How long until Bitcoin Core recognizes this problem? Does Jihan control 80% of the submitted by kybarnet to Bitcoin [link] [comments]

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721

AvalonMiner Controller for ASIC Bitcoin BTC BCH LCC Avalon Miner 741 721 submitted by ososru to Bitcoin4free [link] [comments]

Someone high up in Bitcoin actually gets it. How long until Bitcoin Core recognizes this problem? Does Jihan control 80% of the "Bitcoin Mining Tokens" in the form of ASICs?

Someone high up in Bitcoin actually gets it. How long until Bitcoin Core recognizes this problem? Does Jihan control 80% of the submitted by SimilarAdvantage to BitcoinAll [link] [comments]

What Monero hodlers would say to a bitcoin maximalist?

Why Monero will not fail?
Is Monero as *decentralized*, permissionless, trustless and censorship resistant as bitcoin?
submitted by dogguardwhitle to Monero [link] [comments]

@aantonop in Summer 2015(15 minutes in) “Centralistaion in ASICs is not a problem because [they] make too much money or because we want to change who controls the network. It’s a problem because […] the mining can be shifted to an organisation that doesn’t have bitcoin’s best interest in mind.”

@aantonop in Summer 2015(15 minutes in) “Centralistaion in ASICs is not a problem because [they] make too much money or because we want to change who controls the network. It’s a problem because […] the mining can be shifted to an organisation that doesn’t have bitcoin’s best interest in mind.” submitted by redditchampsys to btc [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

03-04 15:32 - 'if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.' by /u/kekmagick removed from /r/Bitcoin within 165-170min

'''
if the ASIC's manufactured in china - the chinese government controls the manufacturer. nobody's doing anything in china without communist approval.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: kekmagick
submitted by removalbot to removalbot [link] [comments]

Venezuelan Authorities to Govern All Bitcoin Mining, by Decree

Venezuelan Authorities to Govern All Bitcoin Mining, by Decree submitted by probotika to Bitcoin [link] [comments]

@aantonop in Summer 2015(15 minutes in) Centralistaion in ASICs is not a problem because [they] make too much money or because we want to change who controls the network. Its a problem because [] the mining can be shifted to an organisation that doesnt have bitcoins best interest in mind.

@aantonop in Summer 2015(15 minutes in) Centralistaion in ASICs is not a problem because [they] make too much money or because we want to change who controls the network. Its a problem because [] the mining can be shifted to an organisation that doesnt have bitcoins best interest in mind. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

05-20 18:31 - 'Effective Hash Rate: 8 TH/s ± 10% Nominal Power Consumption: 2200 W Power Efficiency: 0.28W/GH/s ASIC: Total 20 Spondoolies-Tech RockerBox II ASICs Power Supply: 2 x 1200 W Controller: TI Sitara 1GHz (based on Beagle Bone B...' by /u/BUSBY76 removed from /r/Bitcoin within 176-181min

'''
Effective Hash Rate: 8 TH/s ± 10% Nominal Power Consumption: 2200 W Power Efficiency: 0.28W/GH/s ASIC: Total 20 Spondoolies-Tech RockerBox II ASICs Power Supply: 2 x 1200 W Controller: TI Sitara 1GHz (based on Beagle Bone Black) Mining Software: cgminer with custom plugin Form Factor: 2 U rack mountable (mounting ears provided) Network: Single 10/100 Ethernet port Fans: 4 X 80 mm Input Rating: 200 - 240 VAC Ambient Operating Temperature: 0 °C to 35 °C Controller Board OS: Linux (embedded)
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: BUSBY76
submitted by removalbot to removalbot [link] [comments]

A reminder why RandomX and commodity hardware mining is so important

Authorities in Venezuela will "supervise both the creation and importation of mining equipment" and force miners to use only national mining pool, source. Governments can control ASIC mining, but they can't control CPU or GPU mining to the same extent.
submitted by sech1 to Monero [link] [comments]

Monero Monetary Policy?

Hello, first time poster here.
From what I can tell, there is significantly less entrenched orthodoxy applied to how monero does things compared to other cryptocurrency. Its the only one with ASIC resistance, has a dynamic block size, is willing to contemplate the concept of linear inflation rather than treating it as an unholy abomination, etc.
In general you guys have done a lot better of a job keeping down transaction fees compared to bitcoin, and as a whole are more inclined to plan for monero as an actual medium of exchange rather than a perpetually deflationary get rich scheme.
With that in mind, I have a few questions:
  1. In the event adoption of this cryptocurrency gets large enough that it ends up putting strain on the current dynamic block size status quo, what's the precise point at which you'll change how things operate in order to prevent a centralization crisis from an excessively large blockchain? What sort of exact security issues/etc prevents things like the lightning network from currently being options for this scenario?
  2. While to a large extent price stability comes from a sufficiently deepened pool of liquidity, as has been seen with recent trends in bitcoin's price, one thing I've got to wonder about is if things such as block rewards and transaction fees can be dynamically adjusted, akin to a more democratic central bank if you will, such that monetary tightening and loosening can be done?
A lack of commitment to permanent deflation would obviously hurt monero's market capitalization, but arguably that's not a particularly important metric compared to transaction volume.
https://finance.yahoo.comyahoo-finance/watchlists/crypto-top-volume-24h
Despite basically being a dubiously backed centralized "cryptocurrency", tether still sees a significant amount of transaction volume purely due to its utility as a unit of currency pegged to the US dollar. Now, while I'm sure precise information on monero's own true transaction volume is under-reported due to strong privacy protections in conjunction with low fees, tether does serve as a reminder for how much demand there is for stability.
Obviously its significantly more difficult to do contractionary monetary policy than inflationary, but would something like say, a decentralized dynamic peg work, where holdings of bitcoin/etc are bought and sold by a digital entity controlled by the miners work in order to stabilize monero? I'm just spitballing thoughts here though and I know there might be potential issues related to chain analysis. If you have any other good reasons why this is a bad idea please feel free to let me know. Thanks!
submitted by Roths____ to Monero [link] [comments]

May Chinese gov't control BTC? An hypotesis

Hello,
this is a post talking about an hypothesis, so please no fear or hate, I'm just writing this to know other opinions, don't take this as an end-of-the-world warning.
We know how much the chinese people are involved into BTC: more than half of the BTC is mined in China, they even built mini power plants to use the energy to mine BTC.
Also, we don't know the identity of the creatocreators, who claimed to create the BTC to stand against the big FIAT system.
What if the Chinese gov't invented the BTC? If they had more than a half of the network, might they control it? What benefits would they get from this? Could they contr the "anarchic" currency in the shadows, like the banks control the FIATs today? What do you think?
submitted by Ilovemuffinandcakes to Bitcoin [link] [comments]

could mining pools be charged for violating sanctions?

If those running a bitcoin mixer can be charged for violating AML, can a centralized mining pool charged for mining a transaction violating sanctions?
Mining pools are relatively large organizations that control what transactions get into the block as they create the block template using the bitcoin protocol. Thus they have 'ownership' of what transactions are processed. They outsource some of the POW hashing to 'ASIC' operators ( that are not responsible for selecting transactions )
large organizations generate allot of revenue and hire multiple people and present a large target for law enforcement vs a random solo miner that mines a block every now then. They are more likely to be compliant with requests to censor transactions to protect their 'reputation/business'
This is, why protocols like better-hash needs to be widely adopted because, with better hash the pool is _NOT_ responsible for selecting transactions - all it will do is pool the rewards. Individual miners in the pool can create their own block templates. Thus they are no longer ASIC operators as they need to run a full node to create the block template.
I think betterhash will decentralize legal liabilities of the mining pool. Any point of centralization in bitcoin like a custodian mixing service is vulnerable to legal action.
submitted by Spartan3123 to Bitcoin [link] [comments]

Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube Bitcoin Basics (Part 1) - WhatsMiner M1 Bitcoin ASIC Miner Demo In English - YouTube How to mine Bitcoins with ASIC Miners Bitcoin ASIC miner old used core a1 25Th/s Price is lower ...

Bitcoin mining manufactures and pool operations have failed in great numbers over the last five years with companies like Butterfly Labs, Mining ASIC Technologies, BTC Guild, and Cointerra. At ... Does China actually control Bitcoin? Ever since ASIC miners entered mass production, there have been concerns about China's monopoly over the Bitcoin hash rate. But are they justified? By Daniel Phillips. 3 min read . Jul 14, 2020 Jul 14, 2020. Bitcoin. Chinese miners dominate Bitcoin's hash rate (Image: Shutterstock) In brief. Chinese Bitcoin miners currently control 65% of the Bitcoin ... On the other hand, if the majority of the ASIC miners that contribute to the Antpool and the BTC.com pool are physically owned by Bitmain, they could get hold of more than half of the hash power on the Bitcoin network and even if there is an uproar in the Bitcoin community, individual miners cannot do anything about it, since Bitmain physically controls the mining hardware and they control ... 10 ASIC Bitcoin GUI Mining Software For Microsoft Windows, macOS And Linux. Updated: June 21, 2020 / Home » Bitcoin [ Buy, Sell, Mine & Invest ] Is Bitcoin mining profitable? Should I invest in BitCoin? The answer is subjective, it depends where you live and what type of hardware you own. BitCoin mining is profitable if you live in a country where electricity is cheap, such as China, or you ... ASIC Bitcoin Miner. Initially, crypto enthusiasts could receive Bitcoin with computer help. Mining is the award of aggregate mathematical problems using specialized powerful miners hardware and software. Then they started to use graphic processors and FPGA (field-programmable gate array), but soon they also ceased to be quite useful. ASIC miner is the best bitcoin miner of the latest ...

[index] [22640] [39307] [36580] [47922] [14106] [23212] [28392] [42794] [16282] [51241]

Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube

PCB for DIY - Bitcoin Miner on ASIC 16 chips Avalon 2 gen A3255-Q48 - total performance 26 GHs! Price 1pcs prive - $19/PCB, more 10pcs - $10/PCB Economy Shipping Worldwide - $7.99 Expedited ... Auf YouTube findest du großartige Videos und erstklassige Musik. Außerdem kannst du eigene Inhalte hochladen und mit Freunden oder mit der ganzen Welt teilen. Get our free Bitcoin course here - https://chrisdunn.com/free-bitcoin-course This Bitcoin basics video series will explain Bitcoin for beginners. You'll lear... WhatsMiner M1 11.5Th/s Bitcoin ASIC Crypto Miner Demo Video. The Whatsminer is a competitor to the Bitmain S9. To purchase the WhatsMiner please their websit... Thanks to Vincent for making this video possible JackkTutorials shows you how to mine Bitcoins using ASIC Miners Quick Links ----- Check out so...

#