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  • 5 Best Bitcoin Mining Hardware ASICs 2018 (Comparison)

    Apr 16, 2018 Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware It's important to Think of a Bitcoin ASIC as specialized Bitcoin mining computers, Bitcoin mining machines, or bitcoin generators Nowadays all serious

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  • 6 best GPUs for cryptocurrency mining 2018 TechRadar

    5 days ago We've ranked five of the best mining GPUs on the market, keeping price and efficiency in mind And, thanks to our exclusive Therefore, when you go out to look for the best mining GPU you can find, you should think about the memory the GPU features, as well as its power needs and cost It's important to

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  • Bitcoin Mining - What is it and is it Profitable in 2018? A Beginner's

    Feb 26, 2018 So you're probably not going to get rich by mining Bitcoins at home unless you buy some heavy duty equipment and have very low electricity costs Here's a list of the most efficient Bitcoin mining hardware out there today There's not a lot of variety to pick from since home mining is a dying art

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  • Bitcoin Mining Uses As Much Power As Ireland Here's Why That's

    Jan 16, 2018 Depending on your power prices it will cost anywhere from $600 (at 3 cents per Kwh) to $1,800 (at 9 cents per Kwh) to mine one coin Even with bitcoin having plunged to $11,600 this morning, there's still money to be made, assuming you can get your machines cheap enough Walmart sells the Antminer

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  • Best Cryptocurrencies to Mine - Cryptovest

    Sep 12, 2017 Some coins and algorithms still require very little hashing power and can be mined with a cheaper GPU from AMD The X11 hashing algorithm has a wide fan base Compared to SHA-256 and Scrypt, this type of mining is much more energy-efficient and does not allow for specialized machines And the

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  • Build an Ethereum Mining Rig Today 2018 Update - CryptosRUs

    The standard power supply in a desktop computer can be anywhere from 300W-500W But when your mining and you are powering up to 6/7 GPUs, you want to make sure you have enough power 1200W+ is what you're looking for and you want to make sure that it is Gold or better certified for efficiency Also, modular

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  • What Can We Do About Bitcoin's Enormous Energy Consumption?

    Dec 19, 2017 But another, from the crypto-entrepreneur Marc Bevand, reckons the bitcoin network's actual energy usage is roughly five times less than that That's because he thinks miners use equipment that is more efficient than Digiconomist supposes Bevand estimates the actual power use is equivalent to one

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  • Build an Ethereum Mining Rig Today 2018 Update - CryptosRUs

    The standard power supply in a desktop computer can be anywhere from 300W-500W But when your mining and you are powering up to 6/7 GPUs, you want to make sure you have enough power 1200W+ is what you're looking for and you want to make sure that it is Gold or better certified for efficiency Also, modular

    More +
  • It Is No Longer Worth It To Build An Ethereum Mining Rig

    Dec 7, 2017 I usually told them 'probably not,' if for no other reason than the graphics cards that power the rigs were impossible to find or prohibitively expensive In late October, I stopped using my rig to mine ether By this point, my machine had already produced enough ether to pay for the cost of building it, but this

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  • 6 GPU Ethereum Mining Rig Hardware Build Guide - Coin Mining Rigs

    First Choice Nvidia GTX 1070 The very efficient Nvidia GTX 1070 can produce a hash rate of 30Mh/s using only 100 watts of electricity and is the best GPU for mining in 2018 It is much more power efficient than most of the AMD cards available on the market My favorite model of this GPU is the Gigabyte GeForce GTX

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  • Why the bitcoin craze is using up so much energy - Washington Post

    Dec 19, 2017 Power supply units and cooling fans on shelves linked to cryptocurrency mining machines at the SberBit mining hotel in Moscow on Dec 1 2 gigawatts is now probably the lowest the number can be, and that assumes everyone is using the most efficient computing hardware, which they certainly are not

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  • Can We Prevent a Global Energy Crisis From Bitcoin Mining

    Jan 4, 2018 Here's the crux of the problem: There is no upper limit to the price of bitcoin and therefore no upper limit to how much energy and resources could be appropriated to mine bitcoin -- even if we continue to see substantial improvements in the efficiency of new mining machines The fact that only 21 million

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  • Energy-efficient Power Supply System for Mines - Science Direct

    Keywords: turbine, generator, self-commutated inverter, slurry, backfilling material, mine, mine water Introduction The wide range of ore mining electrical machinery for mines requires an extensive power network with various voltage ratings, current and consumed power Electrical machinery for mines usually consists of

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  • Bitcoin blockchain consumes a lot of energy engineers changing that

    Feb 23, 2018 In order to unleash the power of blockchain the technology behind bitcoin for a wide range of business purposes, energy efficiency is key, A technician inspects bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd in Ordos, Inner Mongolia, China, on Friday, Aug 11, 2017

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  • How much energy does bitcoin mining really use? It's complicated

    Dec 2, 2017 Power consumption is one of the major costs of bitcoin mining, as dedicated machines crunch the algorithms that build a record of every single bitcoin bitcoin network changes so quickly there's always more activity and more processing power, but it's somewhat balanced by more efficient hardware

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  • 6 GPU Ethereum Mining Rig Hardware Build Guide - Coin Mining Rigs

    First Choice Nvidia GTX 1070 The very efficient Nvidia GTX 1070 can produce a hash rate of 30Mh/s using only 100 watts of electricity and is the best GPU for mining in 2018 It is much more power efficient than most of the AMD cards available on the market My favorite model of this GPU is the Gigabyte GeForce GTX

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  • How to Start a Bitcoin Mining Business - Green Revolution Cooling

    The first step within the evaluation phase is to research what kind of miners you'll be using You ideally want to pick the most energy efficient miners, but if you have access to cheap, clean power, the upfront cost may be more important, the idea is to look at the total cost of operation of the miners The Antminers from Bitmain

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  • 6 Best Bitcoin Mining Hardware ASICs Comparison In 2017

    Today's modern and best bitcoin mining hardware Application-specific integrated circuit (ASIC) miners have taken over completely These ASIC machines mine at unprecedented speeds while consuming much less power than FPGA or GPU mining rigs Several reputable companies have established themselves with

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  • Best Ethereum Mining GPUs - A Benchmark And Optimization Guide

    Jan 31, 2018 Your machine will actually be "mining" or processing transactions for a decentralized currency, the hottest variant of which is called Ethereum We also learned some handy tips for tweaking your mining rig for maximum hash rate throughput, while keeping your heat and energy consumption at a minimum

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  • Intel Files Patent For Energy-Efficient Bitcoin Mining Hardware

    Mar 30, 2018 If the miner becomes the first to solve the puzzle and record the next transaction, it is rewarded with newly released Bitcoin The high energy and equipment costs associated with mining have brought into question whether the activity can be profitable, especially as the price of Bitcoin has nose-dived in the

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  • Intel Files Patent For Energy-Efficient Bitcoin Mining Hardware - CRN

    Mar 30, 2018 The high energy and equipment costs associated with mining have brought into question whether the activity can be profitable, especially as the price of Bitcoin has nose-dived in the past few months, as noted by Forbes But that hasn't stopped people from hoarding equipment one report from Coherent

    More +
  • Bitcoin Mining - What is it and is it Profitable in 2018? A Beginner's

    Feb 26, 2018 So you're probably not going to get rich by mining Bitcoins at home unless you buy some heavy duty equipment and have very low electricity costs Here's a list of the most efficient Bitcoin mining hardware out there today There's not a lot of variety to pick from since home mining is a dying art

    More +
  • How to Build an Energy-Efficient Ethereum Mining Rig - MakeUseOf

    Energy-efficient cryptocurrency mining saves you money, saves the planet, and can make you money The trick is to maximize your hash rate per watt or reduce your system's overall energy footprint Here are the components and configuration settings needed to maximize your computer's energy efficiency for mining the

    More +
  • A Profitable Ethereum-Mining Rig Depends On Your Electricity Costs

    Aug 15, 2017 At the current utility rate in my local market, I would pay roughly $40 for the electricity that the system would burn in a month Make sure to calculate your estimated power draw and figure out what your power rate is before jumping into crypto mining For example, that same mining machine in New York

    More +
  • Bitcoin mining hardware: PC build guide for a cryptocurrency rig

    Feb 1, 2018 But if you really want to start mining Bitcoin or Ethereum or another cryptocurrency, don't be too intimidated: if you've built a rig before, putting together a cryptocurrency mining PC is an easy weekend project that will let you learn how How to build an efficient cryptocurrency mining PC (if you insist)

    More +
  • 6 Best Bitcoin Mining Hardware ASICs Comparison In 2017

    Today's modern and best bitcoin mining hardware Application-specific integrated circuit (ASIC) miners have taken over completely These ASIC machines mine at unprecedented speeds while consuming much less power than FPGA or GPU mining rigs Several reputable companies have established themselves with

    More +
  • The Gold Mine of Energy Efficiency Program Data - ICF

    Data already collected for utility energy efficiency programs contain a wealth of information about program participants, buildings, equipment, energy efficiency measures, and expected savings Such data are already being collected by utility energy efficiency programs for tracking and evaluation Mining these datasets

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  • Bitcoin Mining in 2017: How to Remain Profitable in Challenging

    Mar 30, 2017 As technology improves and more efficient Bitcoin mining equipment developed, competition skyrockets 9-11 months However, ROI time varies with energy and cooling costs Therefore, countries with affordable electricity and a cooler climate hold a big advantage when it comes to mining profitability

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  • Intel Files Patent For Energy-Efficient Bitcoin Mining Hardware - CRN

    Mar 30, 2018 The high energy and equipment costs associated with mining have brought into question whether the activity can be profitable, especially as the price of Bitcoin has nose-dived in the past few months, as noted by Forbes But that hasn't stopped people from hoarding equipment one report from Coherent

    More +
  • How to Build an Energy-Efficient Ethereum Mining Rig - MakeUseOf

    Energy-efficient cryptocurrency mining saves you money, saves the planet, and can make you money The trick is to maximize your hash rate per watt or reduce your system's overall energy footprint Here are the components and configuration settings needed to maximize your computer's energy efficiency for mining the

    More +
  • Bitcoin Energy Consumption Index - Digiconomist

    More energy efficient algorithms, like proof-of-stake, have been in development over recent years In proof-of-stake coin owners create blocks rather than miners, thus not requiring power hungry machines that produce as many hashes per second as possible Because of this, the energy consumption of proof-of-stake is

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  • Bitcoin mining hardware: PC build guide for a cryptocurrency rig

    Feb 1, 2018 But if you really want to start mining Bitcoin or Ethereum or another cryptocurrency, don't be too intimidated: if you've built a rig before, putting together a cryptocurrency mining PC is an easy weekend project that will let you learn how How to build an efficient cryptocurrency mining PC (if you insist)

    More +
  • A Profitable Ethereum-Mining Rig Depends On Your Electricity Costs

    Aug 15, 2017 At the current utility rate in my local market, I would pay roughly $40 for the electricity that the system would burn in a month Make sure to calculate your estimated power draw and figure out what your power rate is before jumping into crypto mining For example, that same mining machine in New York

    More +
  • Mining Bitcoin Costs More Energy Than What 159 Countries - Futurism

    Nov 27, 2017 Bitcoin values have been soaring over the past couple of weeks That's cause for celebration for those who invest in the cryptocurrency; however, it looks like the price of Bitcoin isn't the only thing that's skyrocketed in 2017 Cryptocurrency mining energy use has also reached new heights According to a

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  • 5 Best Bitcoin Mining Hardware ASICs 2018 (Comparison)

    Apr 16, 2018 Hobby Bitcoin mining can still be fun and even profitable if you have cheap electricity and get the best and most efficient Bitcoin mining hardware It's important to Think of a Bitcoin ASIC as specialized Bitcoin mining computers, Bitcoin mining machines, or bitcoin generators Nowadays all serious

    More +
  • An Idiot's Guide to Building an Ethereum Mining Rig - Motherboard

    Jun 9, 2017 In March, the price of an Ether cryptocurrency token rose to an all-time high of around $25 This was good news for investors in Ethereumthe blockchain-based distributed computing platform that uses Ether as its currencywho had watched the cryptocurrency's price stagnate at under $10 since its

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  • 6 best GPUs for cryptocurrency mining 2018 TechRadar

    5 days ago We've ranked five of the best mining GPUs on the market, keeping price and efficiency in mind And, thanks to our exclusive Therefore, when you go out to look for the best mining GPU you can find, you should think about the memory the GPU features, as well as its power needs and cost It's important to

    More +
  • Maximising underground efficiency with energy conscious mining

    Aug 18, 2013 "Efficiency to me means a safe work environment, improved productivity, extended equipment life and improved profits to the company, all at the same time," says Jim Caton from Mining & Constructing Consulting Inc So, how exactly is the industry planning to achieve savings through efficiency, particularly

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  • These Are The Best GPUs For Ethereum Crypto-Mining - Forbes

    Jun 30, 2017 That said, the other metric, beyond GPU cost, that can be a barrier to entry for crypto-miners is power efficiency Crypto-mining workloads can push cards hard and draw lots of power As such, there are clear performance-per-watt sweet spots emerging among the current round of graphics cards and the

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  • Ethereum Mining Rig 168MH/s Overview and Profitability

    These mining rigs are specially developed and reconfigured for Ethereum mining, making them the most efficient and cheapest for mh and power usage per mh Disclosure: Mining equipment metrics are calculated based on a network hash rate of 229,979 GH/s and using a ETH - USD exchange rate of 1 ETH = $ 622 8

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