Scam mining companies are common and many have fallen prey to their schemes.Bitcoin Scams Scam mining companies are common and many have fallen prey to their schemes.These cloud miner services enable customers to avoid the physical hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.Bitcoin Cloud Mining These cloud miner services enable customers to avoid the physical hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.This delivers the work to the miners and receives the completed work from the miners and relays that information back to the blockchain and your mining pool.Bitcoin Mining Software This delivers the work to the miners and receives the completed work from the miners and relays that information back to the blockchain and your mining pool.Bitcoin is an internet protocol that enables the transfer of value over a communications channel like the Internet or radio.

An easily understood application is decentralized digital currency; like being able to send a gold coin as easy as you send an email.But blockchain technology enables many things like a fridge that can pay for and restock itself or self-driving taxis.bitcoin litecoin peercoinWhat is Bitcoin Mining?bitcoin ing bankBitcoin mining is how Bitcoin transactions are validated and confirmed by the Bitcoin network.bitcoin bits to btcBitcoin miners create a new block by solving a proof of work problem that is chained through cryptographic proof to the previous block.ethereal definition audioWhat is a Bitcoin Miner?10-bitcoin 1-ounce silver round

A Bitcoin miner is a computer specifically designed to solve problems according to the proof of work algorithm.Currently, highly specialized chips called ASICs, Application Specific Integrated Circuits, are used as Bitcoin miners.bitcoin dice hackHow To Mine Bitcoins Anyone can get a bitcoin miner and mine bitcoins by connecting to the Bitcoin network.ethereum pool mining 2017Those with lower electricity costs have a competitive advantage.hunter coin to bitcoinPhones Laptops Cameras Tablets Headphones Smartwatches VR Headsets This is my Nextlitecoin mining pool faqBitmain Just Announced the 14 THS AntMiner S9 ASIC Bitcoin Miner 31, May 2016 One more announcement fro Bitmain, the AntMiner S9 ASIC Bitcoin miner is no official and will start shipping on June 12th for $2100 USD without the shipping cost (power supply is not included).

The device uses the company’s new 16nm ASIC chips BM1387 and essentially triples the hashrate of the previous generation S7 miners while offering the same level of power usage.The Bitmain AntMiner S9 should be capable of 14 THS SHA-256 mining hashrate with a power usage of 1375 Watts at the wall, so definitely a good improvement over the S7.Bitmain AntMiner S9 Specifications: – Hash Rate: 14.0 THS ±5% – Power Consumption: 1375W + 7% (at the wall, with APW3 ,93% efficiency, 25C ambient temp) – Power Efficiency: 0.098 J/GH + 7% (at the wall, with APW3 93% efficiency, 25°C ambient temp) – Rated Voltage: 11.60~13.00V – Chip quantity per unit: 189x BM1387 – Dimensions: 350mm(L)*135mm(W)*158mm(H) – Cooling: 2x 12038 fan – Operating Temperature: 0 °C to 40 °C – Network Connection: Ethernet – Default Frequency: 650 MHz The big question however is if now was the right time to announce the new mining hardware, as of you order now from the first batch you might be getting your units delivered right before the Bitcoin block reward halving.

So it might be wise to wait for a later batch of S9 miners after the halving to see how the situation will change and if you might get a better deal in terms of price for the hardware.Then again if you are using S7 miners you might already get to the planning for switching to S9 now that the previous generation S5 is no longer profitable barely covering the electricity costs.In: Mining Hardware Tags: 16 nm ASIC, AntMiner S9, bitcoin asic, bitcoin asic miner, Bitmain, Bitmain AntMiner S9, Bitmain BM1387, BM1387, BM1387 ASIC Read More No Comments TechnoBit DICE Bitcoin ASIC Cooling Performance 27, Feb 2015 We are still playing with our hardware latest toy, the small TechnoBit DICE Bitcoin ASIC miner and today we were checking the cooling performance of the device.When we first saw the announcement the DICE was supposed to be a very silent miner as per the official specifications that stated (and still state) “Noise: ~20 DB at 25 °C ambient temperature”, however the moment we have turned on the unit a few days ago we knew this promise was not kept.

If the noise level was just about 20 decibels than the DICE should’ve been so quiet that you would hardly know it is present and working in a quiet room.The reality is quite different though, our sound level meter has detected a noise level of almost 50 dBA and this is really quite noisy and a far cry from the promised noise.So we just had to take apart the device to see what fan it is using and also test to see if the case of the miner could be the culprit that is responsible for the very noisy operation of the DICE Bitcoin ASIC… When we have opened the case of the ASIC miner we’ve discovered that the cooling fan used inside is a 92mm Evercool EC9225M12CA, a mid range fan that does 2200 rpm with about 1.8W of power usage.Apparently the fan itself was sufficient to cool the miner with its 39.35 CFM of air flow and interestingly enough the specifications of the fan do say less than 25 dBA in terms of noise generated.The fan itself was directly soldered to the pins of the 6-pin PCI-E power connector on the unit, there is no thermal control or variable rpm, it is working at maximum all of the time.

Running the miner without its metal casing has show us that it can be quite silent indeed, so the cause of the noise apparently was the metal case of the miner.More specifically the holes at the fan air intake that apparently are responsible for the significant increase of the noise level, so when TechnoBit has promised us a silent Bitcoin ASIC miner they should have modified the case of the device, so that it can really be silent and not the opposite – make a case that will increase the noise level way over what was promised in terms of specifications.The cooling of the single RockerBox ASIC chip that is at the heart of the DICE miner is sufficiently provided by two large aluminum heatsinks, one on top interfacing with a solid copper block to the ASIC chip and one at the bottom with direct contact to the whole surface of the PCB.There is enough thermal paste in between the heatsinks to provide good heat transfer and the not so powerful cooling fan has no trouble keeping the temperatures low, so that the about 100W of power used at the stock settings are not a problem.

The device can also handle a nice boost in performance with some overclocking that is possible via parameters for the ASIC chip voltage and operating frequency, though you should be careful should you decide to clock the unit higher.In the end we take a look at the operating temperatures of the DICE with the help of a thermal imaging camera, the thermal image you see above shows how hot the top and bottom heatsinks get while the device is working normally.We are getting close to 60 degrees at the top heatsink and a bit over 40 at the bottom at the hottest sports, do note however that the operating temperature of the Bitcoin ASIC chip under the heatsink should be higher with something like 10-20 degrees Celsius over the temperature we have measured on the heatsink.So if you decide to overclock the miner you should proceed with caution and monitor the operating temperatures as the power usage increases along with the hashrate when you increase the operating voltage and frequency of the Bitcoin ASIC chip.

In: Mining Hardware|Tests and Reviews Tags: asic miner, bitcoin asic, DICE, DICE ASIC, DICE ASIC miner, DICE noise level, DICE operating temperature, DICE overclock, DICE performance, DICE power usage, DICE thermal image, RockerBox ASIC, Spondoolies-Tech, TechnoBit, TechnoBit Dice, TechnoBit DICE ASIC miner Read More No Comments Overclocking the TechnoBit DICE Bitcoin ASIC Miner 25, Feb 2015 Today we’ve been playing with the TechnoBit DICE Bitcoin ASIC miner to see what is the actual performance we are getting with the default settings as well as to see what is the overclock limit of the device.We were again on a quest to find out how exactly we should overclock the DICE from the options available in the cgminer config file as apparently the version provided for the DICE also contains settings for other ASIC miners, but the ones we need to tweak are the “hexminerr” settings as they are the ones for the 1-chip DICE as well as the other 4-chip RockerBox ASIC miner that TechnoBit has.

Below you can find the description about the available options that are available as description.Rocker (HEXR) new cgminer config options: –hexminerr-asic-diff – Use at least 16 here and make sure your pool worker min difficulty is configured accordingly in order not to loose hash rate –hexminerr-pic-roll – Default: 60 or 90.MicroChip PIC work internal roll count – Reduces dramatically USB load – Range 0-255.Please use at least 10 or 20 here –hexminerr-chip-mask – 255 enable all chips –hexminerr-voltage – core voltage Default: 690 –hexminerr-options chip_count:frequency – Default: 4:650 Apparently the description is referring to recommended values for the 4-chip miner as does the default settings in the config file set for the DICE version of cgminer provided by TechnoBit, though they will work with the single chip DICE as well.By default the values set in the config file are 720 mV (0.72V) for as voltage instead of the “default” 0.69V value and the operating frequency is 915 MHz.

With these settings we’ve managed to see a hashrate of about 170-175 GHS as reported by cgminer and the mining pool averaged for a long period of time.With the standard settings for operating frequency and voltage the DICE miner does manage to consume about 98.4W of power, though with some additional overclock the power usage does rise.Overclocking the device does take some time and effort as it seems that even though it may start running at a higher voltage and frequency that you set in a few minutes it may stop responding and you need to unplug and then plug the USB connector and restart the miner.IF you experience such a problem you might want to try increasing the pic-roll value a bit and see if that will help with the USB issue when working at a higher operating frequency.Do not that rising the pic-roll value may be just a temporary solution that will extend the time before the miner stops responding again.Some guidelines for overclocking, 1000 MHz should be possible with a voltage of about 0.74V with a power usage of about 115W and expected average hashrate of about 190 GHS.